The Impact Of My Country's Fiscal Science And Technology Investment On High-quality Economic Developmen

At present,China is in the critical stage of economic transformation and development,and innovation-driven development,we must attach importance to the development of science and technology activities,strengthen the government’s support for science and technology activities,in order to comprehensively improve the ability of social science and technology innovation.In this paper,by evaluating the quality of our economic development and analyzing the current situation of the expenditure of financial science and technology,we explore the effect of financial investment in science and technology on the quality of provincial economic development.Based on the above background,this paper establishes an evaluation index of highquality economic development based influence mechanism of financial science and technology expenditure on the quality of economic development at the theoretical level.The third part researches and analyzes the current situation and historical evolution of our financial science and technology policy and makes objective evaluation.The fourth part is the selection of relevant indicators and the measurement of the quality of economic development in Chinese provinces in recent years.The fifth part is the construction and empirical analysis of the econometric model,and the introduction of time lag term and regional heterogeneity test.The sixth part provides objective explanation and policy suggestions based on the results of theoretical analysis and empirical analysis.The main conclusions of this paper are as follows: There is a time lag in the process of the financial policy at the scientific and technological level.The society and individuals need time to understand,digest and respond to the financial policy,which leads to the fact that the fiscal policy does not always work in the short term.The long-term effect of the financial expenditure on science and technology on the quality of economic development is better than the short-term effect.According to the conclusion,this paper puts forward some suggestions.First,we need to improve the efficiency of transforming government spending on science and technology into quality economic development.Second,we need to implement differentiated policies for different regions and integrate innovation resources.Third,improve the local performance appraisal system,strengthen fund supervision.