财政分权与中国经济增长(1999～2008):基于预算权的讨论

Fiscal Decentralization and Economic Growth(1999～2008):A Discussion on Fiscal Management

从财政管理权(预算权)的角度出发,可以提出研究财政分权的新视角。选择财政支出与财政收入之比作为财政分权的度量,可用于探讨财政分权与地方经济增长的关系。利用1999～2008年中国省级面板数据进行实证检验,结果表明财政分权与经济增长之间呈显著的负相关关系。另外,控制地方经济发展程度这个变量后,发现经济发达地区财政分权对经济增长有益。这可能暗示了中国经济仍然处于较低的发展阶段,稀缺的公共资源过多集中于地方政府不利于经济增长。

Most papers about the China fiscal decentralization and local economic growth literature are focused on discussing the revenue or expenditure percentage of local to central government in the per capita level. This article gives a new angle of decentralization based on the fiscal management right. It chooses the ratio of expenditure to revenue as a index of the fiscal decentralization, and learns the relationship between decentralization and local economic growth. It is obtained that there is a significant negative correlation between them, by examining the provincial panel data from 1999 to 2008. Meanwhile, It＇s learned that there is beneficial effect of the fiscal decentralization to growth, controlling the level of local economic development. This potentially suggests China local economic is still in the low development level, which decides the concentrating of public resources in local governments that does not be helpful for the growth, considering the scarcity.