摘要
本文利用2016年2月22日起实施的住房交易税优惠政策,采用双重差分法考察交易环节税负下降对住房市场的影响。基于成都市二手住房交易数据的经验结果表明,在交易环节契税和营业税下调后,二手住房不含税价和成交量分别上升约2.0%和23.9%,改善住房不含税价上升幅度大于一般住房。基于本文构建的多级住房市场理论模型,通过比较政策实施前后一般和改善住房的成交量、换手率及价格波动差异,没有发现高收入购房者"挤出"低收入购房者的证据,从而肯定了降低交易环节税负对住房市场的积极作用。
Base on the preferential tax policies to housing transactions on February 22,2016,this paper employs a difference-in-differences(DID)approach to examines the impact of the preferential transaction tax on housing market transactions in China.Using a large sample of second-hand housing transaction records in the city of Chengdu,we find that the before-tax-price and the trading volume of second-hand houses increase by approximately 2.0%and 23.9%respectively,following the implementation of preferential deed and business taxes.Such effect is more substantial for relatively high-quality houses.With the aid of a theoretical model,the paper further analyzed the heterogeneous responses in the high-quality and ordinary houses,in terms of the trading volume,turnover rate,and price fluctuations.We find no evidence that high-income homebuyers"crowd out"low-income homebuyers,thus confirming the positive effect of reducing the tax burden on housing market transactions.
作者
叶菁菁
余白雪
余建宇
Ye Jingjing;Yu Baixue;Yu Jianyu
出处
《世界经济》
CSSCI
北大核心
2021年第5期154-177,共24页
The Journal of World Economy
基金
国家自然科学基金青年项目(71403220)
中央高校基本科研业务费专项资金(JBK170955)的资助
国家社科基金重大项目《实质性减税降费与经济高质量发展》(19ZDA070)阶段性成果。
关键词
交易环节税负
二手住房交易
双重差分法
tax burden on transactions
second-hand housing transactions
difference-in-differences(DID)
