w88 casino News Network (provided by the w88 casino of International Economics and w88)2019On December 22, 2009, the seminar "Local Public Debt, Taxation and Governance Modernization" was held in the conference room on the second floor of Building B of the International Exchange Building of w88 casino. Professor Liu Rong, Dean of the w88 casino of Finance and Taxation of Southwestern University of Finance and Economics, and Zhao Hongtao, Secretary of the Party Committee of the w88 casino of International Economics and w88 of the w88 casino, attended and delivered speeches. A group of four teachers from the w88 casino of Finance and Taxation of Southwestern University of Finance and Economics exchanged the latest research results of both parties in the field of finance and taxation with teachers and students of the w88 casino of Finance and Taxation, and conducted full discussions and detailed comments on relevant academic papers. The meeting was chaired by Professor Xing Weibo of the college.
Professor Liu Rong, Dean of the w88 casino of Finance and Taxation of Southwestern University of Finance and Economics, first introduced the development of the finance and taxation discipline of Southwestern University of Finance and Economics, and pointed out the positive role of this conference in academic exchanges and discipline construction. On behalf of Dean Hong Junjie, Secretary Zhao Hongtao introduced the "double first-class" discipline construction and related scientific research of w88 casino, affirmed the achievements of the Department of Finance and Taxation in recent years, and expressed his expectation for further academic exchanges between the two schools in the future.
Afterwards, the four scholars presented their research results. Associate Professor Zhao Zhi from the w88 casino of Finance and Taxation of Southwestern University of Finance and Economics shared his research on "Application of Statistical Model Based on Big Data Analysis in the Budget Review of the National People's Congress". Based on big data, this study proposes a statistical model for estimating the reasonable range of total public budget expenditures, aiming to enable the National People's Congress authority to take the initiative in budget review and perform its review and approval functions well. This study proposes a budget historical data standardization system, laying the foundation for intelligent analysis. The model can also be adjusted according to policy intensity for flexible application, and can be applied to scientific arrangement of local government debt, macro management, etc.
Teacher Zheng Wenping from the college shared the research on "Tax Reduction and Corporate Innovation". This study focuses on the impact of innovation policies on micro-enterprise behavior and explores the optimal policies to effectively promote innovation. The study evaluates the impact and heterogeneity of mixed policies of fiscal subsidies, high-tech enterprise preferential treatment, and super deduction of R&D expenses, enriches the evaluation of policy effects, and discovers the substitution effect between the three policies.
Associate Professor Jiang Xiandeng from the w88 casino of Finance and Taxation of Southwestern University of Finance and Economics shared the research on "The Impact of Advertising Expenditure Tax Preferential Policies on Corporate R&D Investment—Evidence from the Pharmaceutical Industry." Based on the characteristics of the pharmaceutical industry, this study found that an increase in the advertising expense deduction rate increased pharmaceutical companies' advertising expenses, reduced R&D expenses, and increased profit margins in the short term. It also found the crowding-out effect of advertising activities on R&D activities.
Teacher Liu Nannan from the w88 casino of Finance and Taxation of Southwestern University of Finance and Economics shared the research on "Research on the Budget Intervention Mechanism of Local Hidden Debt Risks". This study divides policy regulation methods for local implicit debt into “accountability” and “incentive” categories. Using urban investment bond data and the DID model, it was found that financing platform-related policies have no significant effect on implicit debt regulation. Then a one-to-one game model was used to explore the local government's choice of debt borrowing.
This seminar provides a platform for w88 casino’s applied economics, especially the finance and taxation discipline, to strengthen academic exchanges with domestic high-level universities and promote the deepening development of the discipline.
