财经论丛
財經論叢
재경론총
COLLECTED ESSAYS ON FINANCE AND ECONOMICS
2014年
12期
17-23
,共7页
财政分权%地方财政赤字%土地财政%面板数据
財政分權%地方財政赤字%土地財政%麵闆數據
재정분권%지방재정적자%토지재정%면판수거
fiscal decentralization%local deficit financing%land finance%panel data
本文基于地方财政赤字的视角，研究了财政分权与地方政府土地财政策略的内在作用逻辑。理论分析表明：中国式财政分权所造成的地方财政赤字扩大化，激励了地方政府在利益觉醒后利用预算制度缺口，用“扭曲之手”来攫取预算外财政收益，进而驱动地方政府通过积极的土地财政手段来实现财政增收的政策目标。省际面板数据的实证结果进一步验证了财政分权、地方财政赤字对土地财政的正向驱动作用。
本文基于地方財政赤字的視角，研究瞭財政分權與地方政府土地財政策略的內在作用邏輯。理論分析錶明：中國式財政分權所造成的地方財政赤字擴大化，激勵瞭地方政府在利益覺醒後利用預算製度缺口，用“扭麯之手”來攫取預算外財政收益，進而驅動地方政府通過積極的土地財政手段來實現財政增收的政策目標。省際麵闆數據的實證結果進一步驗證瞭財政分權、地方財政赤字對土地財政的正嚮驅動作用。
본문기우지방재정적자적시각，연구료재정분권여지방정부토지재정책략적내재작용라집。이론분석표명：중국식재정분권소조성적지방재정적자확대화，격려료지방정부재이익각성후이용예산제도결구，용“뉴곡지수”래확취예산외재정수익，진이구동지방정부통과적겁적토지재정수단래실현재정증수적정책목표。성제면판수거적실증결과진일보험증료재정분권、지방재정적자대토지재정적정향구동작용。
From the perspective of local deficit financing, this paper explores the internal logic working between fiscal de-centralization and local government's land finance.Theoretical analysis shows that local deficit expansion caused by fiscal de-centralization in China has become an incentive for local governments to grab off-budgetary financial revenue, which impels them to take an active land finance strategy to increase local fiscal revenue.The empirical test supported by provincial panel data also proves that the fiscal decentralization and local deficit financing both have obvious positive driving effects on the land finance.
