Correlation Research Between Tax Revenue And Economic Growth In Qingdao

The relevance of tax revenue and economic growth is an old topic,but it shows different characteristics when it at different times or in different areas.In recent years, a support system of financiai resources construction has been.built in Qingdao which makes the development as the driving force and the benefit as the guide,then the tax revenue entered a new period of rapid growth.But with the increase in the level of economic development there's a lack of stability of tax revenue growth.So how to build a long-term revenue growth mechanism has been focus of the policy that can revitalize local finance.This paper choose the relevance of tax revenue and economic growth as the object of study try to find the intrinsic relations between them and generalize the special performance in Qingdao,so as to provide theoretical basis and reference vaule for Qingdao to cultivate potential sources and make "Knock-on effect on revenue" strategic decision-making.This paper mainly includes the following four parts:Based on the needs of the central theme of this research,first systematically carding the theories of Adam Smith and Cairns School Supply which regarding the tax and economic growth,generalize the intrinsic relations between them,and elaborate the relevance of tax revenue and economic growth with the help of tax multiplier model and neo-classical economic growth model.The empirical research on correlation between national tax revenue and economic growth in Qingdao shows that it basically coordinate between them:(1) the mechanism for revenue growth is reasonable;(2)The growth of national tax is closely related to the growth of secondary industry and tertiary industry,in particular there's a highly relevant of national tax and tertiary industry;(3)From the indicator of flexibility,the rate of tax growth lags behind economic growth;(4) Macro-tax burden is not stable in Qingdao,but its fluctuation has not effect the stability of economic growth.From the empirical research we also can see with the change of factors such as the policy environment,there are some problems in urgent need of solution in the process to raise the tax revenue and promote economic development,which effect the stability of economic growth and impede national tax revenue:such as the tax system structure is irrational,a reflection of the public financial vacant by macro-tax burden, the level of tax collection and management is lagging behind,economic growth target as well as the existence of the industrial structure and so on..And the questions will have a negative impact on the sustained and healthy economic development and steady growth in tax revenue.Based on this,some countermeasures are put forward such as accelerating the stability of tax revenues development to promote economic growth,speeding up the development and stability of economy to ensure economic resources growth and improving regulations and policies to promote the coordinated development of tax revenues and the development of the economy to develop tax-produced economy in order to increase tax revenue in Qingdao.