An Empirical Analysis Of The Relationship Between Fiscal Transfer Payment And Fiscal Efforts.

Guangdong province is a area with a great difference between regions in economic and social development.Politicians and scholars all agree that the uncoordinated development of Guangdong province is an important short board for its development.After year 2002, Guangdong province released a series of policies to coordinate the regional development, and achieved good effects.But some scholars point out that fiscal transfer payment is likely to have an adverse incentive effect of local fiscal efforts.According to the data of 2012, 67% of Guangdong provincial fiscal expenditure is used as transfer payment.Will the high financial transfer payment adversely affect the city(county) government fiscal efforts?To explore this question, the first chapter of this paper summarizes the the whole paper.The second chapter of this paper summarizes the theoretical research on the fiscal transfer payment and fiscal efforts.The third and fourth chapter of this paper give the qualitative and quantitative analysis of fiscal transfer payment system,economic power,social condition,fiscal power and fiscal transfer payment condition of Guangdong province.The fifth and the sixth chapter of this paper, take the data of year 2002 to year 2012 in Guangdong province for example, construct a model to calculate the fiscal effort,then regress the transfer payment and fiscal efforts to analyse the relationship between them.The seventh chapter of this paper draws the conclusion that the fiscal transfer payment of Guangdong province have an adversely effects of fiscal efforts.To avoid the negative effect of the financial transfer payment system, this paper puts forward the following suggestions: First,constructing the main local taxes to increase the self-financing capacity of local government.Second,optimizing the structure of fiscal transfer payment to improve the proportion of general transfer payments.Third,developing differential transfer payment systems for different areas on account of the main functional area planning.