分税制、转移支付与地区风险分担

Tax-Sharing System,Transfer Payment and Regional Risk Sharing in China

本文分析了中国地区间风险分担的程度以及财政制度如何影响地区间的风险分担水平。根据消费平滑和风险分担的实证模型,本研究得到如下结论:各地区间的风险分担程度尚显不足,各地区仅能把消费变动的一小部分进行平滑;分税制以及中央-地方间的转移支付制度使地区间的风险分担程度有所下降,这意味着目前的财税体系在实际上没有能够很好的平滑地区的收入变动。

This paper investigates regional risk sharing of province-specific income shocks and estimates the amount of shocks smoothed via fiscal transfer and tax-sharing system in China through 1995-2005. The results show that the degree of risk sharing among regions is relatively low,and that inter-regional risk sharing decreases because of the existence of tax-sharing and transfer payment,i.e.,the contemporary fiscal system in China does not function to smooth provincial income variation.