The Impact Of The Implementation Of The New Budget Law On The Deviation Degree Of Tax Revenue Budget And Final Accounts

The new Budget Law is a major reform of the budget management system and a basic symbol of the standardized budget governance.The study of its policy effect is conducive to the better construction of China’s modern fiscal,taxation and financial system and the strengthening of government budget management.However,excessive deviation of departmental budget and final accounts will lead to low efficiency of government management.Therefore,finding ways to narrow the deviation degree will improve the level of government governance to a certain extent.This thesis uses the tax revenue budget and final accounts data of 30 provinces from 2011 to 2019 to construct panel data to evaluate the impact of the implementation of the new Budget Law on the deviation degree of tax revenue budget and final accounts with differential difference.Through empirical research,the implementation of the new Budget Law reduces the deviation degree of tax revenue budget and final accounts,and compared with inland provinces,the deviation degree of tax revenue in coastal provinces is more significant.This study can enrich the existing literature on deviation of budget and final accounts,and provide reference for reducing deviation of budget and final accounts and constructing modern tax system.