我国社会经济在快速发展过程中,跨地区资本流通已经成为市场资源分配的主要形式。资本流通能够客观反映出我国市场化建设程度,同时也受制于政府部门干预及市场分割。本文基于企业异地并购视角对税收竞争、区域环境与资本跨区流动进行实证研究,旨在深入分析我国市场经济建设。 In the rapid development of China’s social economy, cross-regional capital circulation has become the main form of market resource allocation. Capital circulation can objectively reflect the degree of marketization in our country and is also subject to government intervention and market segmentation. This paper conducts an empirical research on the tax competition, regional environment and capital cross-regional mobility based on the perspective of enterprises’ mergers and acquisitions, aiming to deeply analyze the market economy in our country.