Land Financial Management Research Based On The View Of Fiscal Decentralization

The land finance has provided financial support for local economic development,at the same time, also led to issues such as fostering abnormal development of the realestate, a serious loss of arable land, landless peasants decline in the level of benefits,but also affect social stability and economic health and sustainable development.According to the "land finance" the status quo of China’s local government, throughanalyzing the scale, the land premium and land tax data This article pointed out thatthe the land finance has a serious impact on the use of land, urbanization, industrialstructure formation and price rose, and further illustrates that the land finance havepotential risks to future economic and social. Followed by from land system defects,urbanization and the enormous benefits behind the land financial, analyzing generalreason why the local government are so keen on the "land finance".From the point of view of finance, using a lot of data analysis that the designflaws of fiscal decentralization system is an important reason for the formation of landfinance.This article is divided into six parts:The first part is the introduction section. This section introduces the researchbackground，research significance,research status and research methods.The second part discusses the theoretical basis of the governance of land finance:theory of fiscal decentralization and land rent theory.The third section describes the land finance the status quo, to define the conceptof land finance, depicting the rapid expansion of the land finance in scale recentlyyears and describes the land financial impact and future risk.The fourth part simply analysis the general reasons of the land finance: the landsystem defects, the rapid advance of urbanization, the enormous benefits brings fromthe land finance and officials distorted incentives.The fifth part focuses on the important reason of the land finance, for using alarge number of charts and tables depicting the five aspects of the design flaws of thefiscal decentralization system: the asymmetry of financial authority and powers, localgovernments lack the issued claims, the soft budget constraint,local governments lack the main taxes and transfer payments imperfect.Part VI from the point of view of fiscal decentralization and rising thecorresponding recommendations include: redefine the power and financial power, theclear duty of governments at all levels; construction of the main body of the localgovernment tax system, increase local financial resources; to tighten budgetaryconstraints, reduce land finance income discretionary; issue local bonds, localgovernment financing channels and improve the transfer payment system, to enablelocal authorities to obtain the necessary funds.