碩士 / 逢甲大學 / 財稅所 / 94 / Since 1990s, it''s been a wave of subscribing regional or bilateral Free Trade Agreement between countries. Originally, because the relations of economic, trade and complementary between Taiwan and China are closed, they conform to the requirements of establishing FTA most. Taxation plays an important role in economic integration. Considering the present tendency, the feasibility of VAT harmonization between Taiwan and China is highest. Therefore, the study of this thesis is to focus on the VAT harmonization between Taiwan and China.
The purpose of VAT harmonization is to promote goods and labors circulate freely, hence the harmonization will improve regional economics prosperous and speed regional integration further. Consequently, the propose of this thesis mainly is investigate the dynamic relationship between real tax rates of Taiwan and China and macroeconomic variables with empirical analysis and simulation analysis which try to forecast the optimal tax rate of VAT harmonization.
The empirical results about the impulse response analysis show that when the real tax rate of VAT of Taiwan is getting higher, the income of Taiwan will increase, but the expense and the investment will reduce consequently. However, all variables of China are not convergent completely yet, even after 15 periods of harmonization. The results about variance decomposition show that the real VAT of Taiwan and China could not be used to explain most percentages of the each country’s total variation of the other variables.
The results of simulation analyses observe the change of macroeconomic variables in each country from Norm part. While Taiwan''s VAT nominal tax rate increases from 5% to 17%, the gross domestic product, GDP of Taiwan increases, the consumption decreases and the investment decrease. While China''s VAT nominal tax rate decreases from 17% to 5%, the GDP of China, the consumption and the investment all increases. Try to find the optimal tax rate of VAT harmonization from Tax Rate Band part. The best VAT harmonization is that the VAT tax rates of Taiwan and China adjust to 11% for the GDP of Taiwan and China. As to the consumption and the investment of Taiwan and China, China should cooperate to Taiwan and reduce its VAT tax rates to 5%. Finally, the conclusion of the best VAT harmonization rate depends on what macroeconomic variables paid attention to.
| Identifer | oai:union.ndltd.org:TW/094FCU05671004 |
| Date | January 2006 |
| Creators | Huan-Da Chen, 陳煥達 |
| Contributors | , 謝耀智, 黃定遠 |
| Source Sets | National Digital Library of Theses and Dissertations in Taiwan |
| Language | zh-TW |
| Detected Language | English |
| Type | 學位論文 ; thesis |
| Format | 65 |
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