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A Study On The Influence Mechanisms Of Fiscal Decentralization On China's Industrial

Posted on:2021-02-22Degree:MasterType:Thesis
Country:ChinaCandidate:X GuFull Text:PDF
GTID:2439330629454009Subject:Industrial Economics
Abstract/Summary:PDF Full Text Request
The adjustment of industrial structure is based on the market.The government is in a complementary position and guides the market mechanism.The government influences the adjustment of industrial structure by formulating and implementing various relevant policies.After the reform and opening up,China's economic development and industrial structure continue to improve,but the problems left over from the planned economy period still have a significant impact on the current industrial structure.In recent years,people's growing yearning for a better life and the international environment are pressing forward step by step,which put forward higher requirements for the development of China's industrial structure.In order to meet the needs of the people,our government actively seeks to improve the path of industrial structure development.Since the founding of the people's Republic of China,the contradictions between the central government and the local government on financial relations have been changing with the development of the economy.Under the mode of "unification,division and unification",they have been going back and forth.As a kind of institutional arrangement to adjust the relationship between central and local financial power,fiscal decentralization largely determines the allocation of financial resources,which affects the adjustment of industrial structure through resource allocation and information transmission.In order to meet the requirements of the current economic development and straighten out the financial relationship between the central and local governments,our government has experienced many attempts.The most recent major reform was the tax sharing reform in 1994.After the implementation of the tax sharing reform,China's industrial structure has experienced a development process from "two,three,one" to "three,two,one".Does that mean that fiscal decentralization is related to the development of industrial structure? What are the ways to realize fiscal decentralization and industrial structure adjustment? Is there regional difference in the influence of fiscal decentralization on industrial structure? This paper focuses on solving these problems.The first chapter of this paper introduces the research background,significance and research methods,displays the research framework of the paper,and points out the innovation and shortcomings of the paper.The second chapter summarizes the previous research results of scholars,combs the significant role and influence path of fiscal decentralization on industrial structure,and summarizes the research ideas of this paper on the basis of these research results and theories.The third chapter analyzes the influence mechanism of fiscal decentralization on industrial structure by combining industrial structure theory,fiscal decentralization theory,local competition theory,government expenditure structure theory and market failure Macro-control Theory.From the theoretical point of view,this paper expounds how fiscal decentralization affects the level of human capital and industrial structure through the preference of people's livelihood expenditure,and how it affects the level of technological innovation and industrial structure through the preference of government innovation,and puts forward the corresponding hypothesis.The fourth chapter constructs the model between fiscal decentralization and industrial structure,using the joint equation of provincial panel data from 2000 to 2016 and stepwise regression,empirically analyzes the impact of fiscal decentralization on industrial structure,and then analyzes in-depth from the perspective of local government's preference for people's livelihood expenditure and government innovation.The fifth chapter discusses the influence of fiscal decentralization on industrial structure.In the sixth chapter,on the basis of theoretical analysis and empirical analysis,suggestions are put forward for the current situation of fiscal decentralization and industrial structure.The contribution of this paper is to find that fiscal decentralization not only has a significant direct impact on the adjustment of industrial structure,but also indirectly through the expenditure structure of local governments.Fiscal decentralization improves the level of human capital by improving the preference of local governments for people's livelihood expenditure,and then improves the adjustment of industrial structure;however,fiscal decentralization inhibits the preference of local governments for innovation,which hinders the role of the government in the adjustment of industrial structure and is not conducive to the adjustment of industrial structure.On the whole,fiscal decentralization promotes the optimization and adjustment of industrial structure.When we study the regional heterogeneity of fiscal decentralization in the adjustment of industrial structure,we find that fiscal decentralization promotes the adjustment of industrial structure in the eastern region,but has no significant effect on the development of industrial structure in the central and western regions.Specifically speaking,in the eastern and central regions,fiscal decentralization has a significant positive effect on the preference of people's livelihood expenditure.The government increases the proportion of people's livelihood expenditure in the eastern and central regions and actively participates in resource allocation.In the western region,fiscal decentralization has no significant effect on the preference of people's livelihood expenditure.For the influence path of government innovation preference,the fiscal decentralization in the eastern and western regions restrains the government innovation preference.In the central region,fiscal decentralization has no significant effect on innovation preference.New findings will help us to understand the relationship between fiscal decentralization and the optimization and adjustment of China's industrial structure from a new perspective,improve the structure of government expenditure,further improve the management capacity of China's central and local governments,better perform the government's functions,and further deepen the reform of financial system,supply side reform,industrial structure optimization and adjustment,and interregional Coordinated development provides new ideas.
Keywords/Search Tags:Fiscal decentralization, Industrial structure, Government expenditure preference, Influence mechanism
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