房地产市场运行对地方财政收入的影响研究

The Research on the Influence of the Real Estate Market on the Local Fiscal Revenue

2014年以来,我国房地产市场进入调整期,财政收入增速也总体下滑。在此背景下,深入研究房地产市场运行对地方财政收入的影响,对于完善房地产市场调控政策和探索地方财政收入稳定增长机制有着重要意义。本文在梳理现行地方预算制度基础上,研究了房地产市场运行对财政收入影响的作用机制,并对房地产税收和土地出让收入在地方预算收入中的重要性进行了区域间比较分析,采用全国省级区域数据建立面板数据模型,来研究各地区房地产市场对财政收入影响的差异性。研究表明,房地产销售价格是影响地方财政收入的重要因素,房地产市场运行与财政收入的关系在地区间存在较大差异。文章从完善多层次住房保障体系等方面提出了政策建议。

Since 2014, the real estate market in China has entered into the adjustment period, and the fiscal revenue growth hasdecline as a whole. Under this background, it is of great significance to deeply study the impact of the real estate market operation onthe local fiscal revenue, improve the regulation policies on the real estate market and explore the stable growth mechanism of the localfiscal revenue. On the basis of collecting the current local budget system, the paper studies the operation mechanism of the impact ofthe real estate market on the fiscal revenue, makes a comparative analysis between regions on the importance of the real estate tax andland sales income in the local budgetary revenues, and studies the differences of the impact of the regional real estate market on the fis-cal revenue using provincial regional data all over the country to set up the panel data model. The research shows that the real estatesales price is the important factor that affects the local finance revenue, and there exists a big difference among regions between the re-al estate market operation and the fiscal revenue. The paper puts forward policy suggestions from aspects such as improving the in-demnificatory system of the multi-level housing.