The Study Of Investment Of Public Finance And Development Of Cultural Industry In China

As a promising industry, cultural industry has great potential for development. Cultural industry has become a new economic growth source of power and social contradictions of the lubricant. As an important means to support the cultural industry, public finance plays an more and more important role in promoting the development of cultural industries. After enter a new stage of new normal, the demand of cultural industry is increasingly urgent, there is also facing new problems and new situations for public finance supporting the development of cultural industry. How to effectively play the role of public finance to support the development of cultural industry, which has become a hot topic for industry, academia and government departments concernedIn the first chapter, we mainly research in a theoretical view. The first part comes to the introduction part. A brief introduction this article research purpose and significance of, domestic and international research results, as well as this article the basic content of, research methods and so on.The second chapter, we discuss and summarize the definition, content and characteristics of cultural industry from the view of positive externalities and public goods, we analyze the rationality of public financial support, then we explain why the government should get involved into the cultural industry of public finance from two aspects of resource allocation mechanism and lever amplification mechanism.The third chapter is part of empirical research, we construct the Cobb-Douglas production function for cultural industry, then employ relevant economy panel data from31provinces, municipalities and autonomous region as panel data to make a metric economic analysis from2009to2012, the result shows that cultural expenditure value has a significant impact on the growth of cultural industries, it’s output elasticity is0.953091.The fourth chapter is the introduction of the current situation and problems public finance toward Chinese cultural industry. Chapter four analyzes the main problems of the fiscal and tax polices existing in our country’s current culture industry. The main problems of public finance are as follows:the government’s input to the cultural industry is insufficient, the structure is not reasonable, the mode is not perfect.Finally, this article involves the recommendations to the development of Chinese cultural industry, this article puts forward some recommendations of public finance policies to Chinese cultural industry.