证券交易税调整效应的实证分析

本文针对证券交易税的影响,利用最新的数据进行了实证检验。研究结果表明,证券交易税的调整在短期内会对股票价格和市场波动性有明显影响,而在长期影响不明显。对于中国这样的新兴股票市场,调整证券交易税税率对股市的影响是十分有限的。

Demonstration analysis of shares dealing tax adjustment effect

This article make an empirical test for the impact of securities transaction taxes a. Research shows that in the short term the adjustment of securities transaction taxes has a clear impact on stock prices and market volatility , but in the long - term the impact is unclear. For the new stock markets like China , the impact of restructuring securities transaction taxes rates on the stock market is very limited.