Full-Text Search:
Home|Journal Papers|About CNKI|User Service|FAQ|Contact Us|中文
《Journal of Public Management》 2009-03
Add to Favorite Get Latest Update

The Effect of Taxation,Fiscal Expenditure Policies on Macroeconomic Function——Based on the Panel Data of Different Provinces in China

Liu Changsheng 1,2(1.Jishou University,Zhangjiajie,Hunan,427000,China; 2.Lingnan College,Sun Yat-sen University,Guangzhou,510275,China)  
The function of fiscal policy for macroeconomic is a kernel issue in macroeconomics. However, relative literatures mainly focus either on fiscal expenditure or on taxation which affects macroeconomic. The paper establishes an endogenous economic growth model based on fiscal expenditure and taxation. From this model,we can conclude that after giving the changing path of taxation and fiscal expenditure policies, economy will attain competitive decentralized equilibrium. There is an inverse-U relation between the rate of taxation and economic growth, and a positive relation between governmental investment expenditure and economic growth. Social welfare may be affected by governmental expenditure scale and structure. Making use of panel data of different provinces in China to test it,there exists a long term equilibrium relation among general output,consumption,investment,governmental investment expenditure, the rate of taxation and interest, wage in Chinese economic system, and exists a competitive decentralized equilibrium. Also the best rate of macroeconomic taxation is 28.63% and there is a positive relation between governmental investment expenditure and the rate of economic development, but its effect on social welfare is not certain and has a large regional difference. This accounts for that the stability of fiscal expenditure policy and taxation policy, different regional taxation system arrangement and governmental expenditure structure will be in favor of different regional economic growth.
【CateGory Index】: F812.4;F124;F224
Download(CAJ format) Download(PDF format)
CAJViewer7.0 supports all the CNKI file formats; AdobeReader only supports the PDF format.
Chinese Journal Full-text Database 3 Hits
1 YANG Jie1 YE Xiao-rong2(1.Business School,Anhui University of Finance and Economics,Bengbu,Anhui,233030,China; 2.Naval Noncommissioned Officer Academy,Bengbu,Anhui,233012,China);Relationship between Components of Fiscal Expenditure and the Economic Growth—An Empirical Analysis of the Panel Data of Chinese Provinces[J];Journal of Xihua University(Philosophy & Social Sciences);2011-06
2 ZHAMG Ting-ting(School of Public Finance,Central University of Finance & Economics,Beijing 100081,China);The Macro Tax Burden,Tax Structure and Regional Economic Unbalance Development[J];On Economic Problems;2012-05
3 Xiao Lirong1 Wang Bin1 Geri Letu1 Yang Gongming2 Yang Xiaosheng1 (1 Research Institute of Subtropical Forestry, Chinese Academy of Forestry, Fuyang 311400; 2 Zhuji Breeding Station of Improved Varieties of Forest Tree, Zhuji 311800);Impacts of the Changes of Fixed Investment and Industrial Structure of Forestry on Its Economic Growth——A Case Study of Zhejiang[J];Forestry Economics;2012-08
Chinese Journal Full-text Database 1 Hits
1 Liu Changsheng, Guo Xiaodong, Jian Yufeng (Lingnan College, Sun Yat-sen University, Guangzhou, 510275, China);Social Welfare Index, Governmental Expenditure Scale and its Structural Optimization[J];Journal of Public Management;2008-03
Chinese Journal Full-text Database 10 Hits
1 JIANG Nan,WANG Yu;Government Public Investment and Economic Growth:An Empirical Analysis of China′s Experience[J];Journal of Anhui Vocational & Technical College;2010-03
2 HE Hai(Mathematics and Statistics,Guizhou University of Finance & Economics,Guiyang,Guizhou 550004);Empirical Analysis on Effect of Agricultural Financial Investment on Increase of Farmers' Income[J];Journal of Anhui Agricultural Sciences;2012-11
3 Cai Yun & Yang Guan-qiong(Beijing Normal University,Beijing 100875,China);Theoretical and Empirical Tests on Optimal Fiscal Size for China's Local Government[J];Journal of Beijing Technology and Business University(Social Science);2010-04
4 LI Qing-feng YANG Yi-qun ZHU Yun-wei (School of Management, Zhejiang University, Hangzhou Zhejiang 310029);On Crowding-out Effect of Virtual Economy in Material Economy[J];Commercial Research;2002-14
5 TAN Jian-heng (Management College of Jinan University, Guangdong Guangzhou, 510621 China);The Role of Positive Financial Policy[J];Commercial Research;2004-05
6 REN Zhi-peng (Research Institute of Industry Economics, Shandong University, Jinan 250100, China);Evaluation on the Effects of the Change of Investment Demand and Positive Financial Policy[J];;2004-04
7 LIU Hong-jie1,ZHANG Ya-bo2 (1.Institute of Finance and Trade Economics,CASS,Beijing 100836,China;2.Economic Department,Party School of the Central Committee of CPC,Beijing 100091,China);On the Experience between the Fiscal Deficit and Economic Growth in China[J];Journal of Shandong Institute of Business and Technology;2008-04
8 by Lu-Wenpeng;Interest Cut,Deficit and Macroeconomic Policy[J];Finance and Economics;2002-03
9 Zhu Jun Du Yunsu;On the Productivity and Optimality of Local Public Expenditure in China[J];Finance & Economics;2011-10
10 LI Shu-pei,BAI Zhan-wei(Institute of Economics,Nankai University,Tianjin 300071,China);The Comparison Between the Impact of Tax Cuts and Government Spending on Economic Growth and Domestic Demand[J];Collected Essays on Finance and Economics;2009-05
Chinese Journal Full-text Database 10 Hits
1 Lu Wei1 Shan Shuang2;The Relationship between Government Size and Public Services:Evidence from Inter-provincial Panel Data of China[J];Finance & Economics;2009-03
2 WANG Chun-yuan1,2(1.School of Public Economics and Administration, Shanghai Universityof Finance and Economics, Shanghai 200433, China;2.Zhejiang Education Institute,Hangzhou 310012,China);An Empirical Analysis of the Relationship between Fiscal Expenditure Structure and Economic Growth in China[J];Journal of Finance and Economics;2009-06
3 LI Zhen-nan(School of Economics, Peking University, Beijing 100871, China);Study on the Economic Growth Effect of Fiscal Expenditure Structure and Tax Distribution Proportion:Deduction of Optimal Social Welfare Mechanism of Governments under Fiscal Decentralization[J];Journal of Finance and Economics;2009-09
4 ZHANG Shu-cui(School of Public Economics and Administration,Shanghai Universityof Finance and Economics,Shanghai 200433,China);Nonlinear Impact of Fiscal Expenditure on Economic Growth in China:Empirical Analysis of Panel Smooth Transition Regression Model Based on Provincial Panel Data[J];Journal of Finance and Economics;2011-08
5 ZHANG Lunjun (Nanjing Audit Institute,210029);A Comparative Analysis of Tax Contribution to Regional Economy[J];Finance & Trade Economics;2006-02
6 Xiao Yucai(College of Economics,Southwest University for Nationalities,Chengdu,Sichuan 610041);The Choice of Fiscal Policies in the Development of Regional Economy[J];Reformation & Strategy;2010-09
7 by Zhuang Ziyin and Zou Wei;Does Public Expenditure boost Economic Growth: an Analysis of China's Experience[J];Management World;2003-07
8 WANG Zheng(Shengda College of Economics & Trade Management,Zhengzhou University,Zhengzhou 451191,China);Study of the Dynamic Relationship between the Fluctuating of Regional Economy and the Shock of Monetary Policy[J];On Economic Problems;2010-12
9 Li Yongyou and Shen Kunrong(Post-doctorate Workshop of Theoretical Economics, Nanjing University;School of Economics, Nanjing University);Competition among Jurisdictions, Strategical Fiscal Policies,and Regional Characteristics of FDI's Growth Achievements[J];Economic Research Journal;2008-05
10 Yan Chengliang and Gong Liutang(School of Economics,Central University of Finance and Economics;Guanghua School of Management,Peking University);Public Expenditure,Taxation and Long-run Growth[J];Economic Research Journal;2009-06
【Secondary References】
Chinese Journal Full-text Database 1 Hits
1 LIU Lü-ji ZHENG Li(School of Economics,Southwest University of Political Science and Law,Chongqing,401120,China);On the Effect of Financial Development to the Income Gap under the Open Economy Visions[J];Journal of Xihua University(Philosophy & Social Sciences);2013-03
【Secondary Citations】
Chinese Journal Full-text Database 6 Hits
1 LI Hua1,SUN Chang-qing2(1.LiaoDong College,Dandong Liaoning 118000,China;2.Liaoyang Municipal Finance Bureau,Liaoyang Liaoning 111000,China);The Research on Optimal Fiscal Expenditure size and Economic Growth with Multi-government level[J];Research on Financial and Economic Issues;2007-05
2 Hu Shuigen1, Jin Lingling2 (1. Colleage of Public Administrating, Zhejiang University, Hangzhou, 310027, China; 2. Colleage of Law, Zhejiang University, Hangzhou, 310027, China);A Study on the legalization of China's Government Performance Management and Assessment[J];Journal of Public Management;2007-01
3 Chen Guoquan1, Wang Qin2 (1. College of Public Administration, 2. College of Law, Zhejiang University, Hang Hou, 310027, China);The Rule of Law and Responsible Government in the Transformation towards Modern Market Economy[J];Journal of Public Management;2007-02
4 by Ma Shuanyou and Yu Hongxia;A Case Study of Local Tax and Regional Economic Growth[J];Management World;2003-05
5 AN Ti-fu, LIN Lu-ning (Department of Finance, Renmin University of China, Beijing 100872, China);MACROECONOMIC TAX INCIDENCE: POSITIVE ANALYSIS AND PROPOSED TAX POLICY[J];Economic Theory and Business Management;2002-05
6 Lou Hong (Department of Treasury,Ministry of Finance,P.R.C);Public Investment Policy in Long-run Economic Growth——General Congestion Public Infrastructure in Long-run Growth Model[J];Economic Research Journal;2004-03
©2006 Tsinghua Tongfang Knowledge Network Technology Co., Ltd.(Beijing)(TTKN) All rights reserved