The Effects Of Tax Structure On Economic Growth In China

Economic growth,a major target of national macroeconomic regulation and control,has always been considered as a vital element in macro-economic study.The main means of macroeconomic control are fiscal and monetary policy,but in fiscal policy,taxation is one of the main tools.The current tax system is a pattern established in 1994.The tax reform set up a tax structure for our country centering the system of respective tax.Although the current tax system is basically successful after the operation during more than a decade,there still exist many disadvantages,with the unreasonable tax structure being foremost.During this period, China's tax system experienced a number of marginal adjustments again,but the basic pattern of the tax structure had no major change.However,in the past ten years,China's socio-economic environment has undergone great changes,which also created a lot of friction between the existing taxation system and its economic and social environment interdependence the system depended on,with some problems and drawbacks beginning to emerge gradually in the accumulation of the operation of the tax system,such as the over large proportion of turnover tax,the over low proportion of income tax,unreasonable industry tax burden,the imperfect central and local tax system,poor conditions in the levy and management,so many problems in the management of main types of tax,the relevant legislation need to be improved and so on.Despite much fine-tuning,the main problem has not been resolved.Undoubtedly,in order to adapt to the new economic situation,some adjustments to the current China tax structure of the appropriate are inevitable.Most of the previous studies on tax and economic growth concentrated on the level of financial theory on how to level the formulation and adjustment of tax policies to promote economic growth,or analysis of tax revenue and GDP growth rate between the two differences and the lack of synchronization caused by the reasons,but in the end,they are very rarely the kind of research,for example,the tax this is how economic variables affect economic growth,what relations are between they two,which way to pass by taxation and tax structure through the role of economic growth,or what is the tax structure for China's current economic situation and the requirements of the financial system.This article wishes to explore these questions,and gives policy recommendations.In this paper,we take the effects of the tax structure on the economic growth as the starting point,firstly,based on sorting out economic growth theory and tax theory,mining tax structure and economic growth of the intrinsic link between the analysis of tax structure on economic growth variables,the impact of mechanisms,conduction path and the economic growth effects,in order to give effect of economic growth based on theoretical analysis and analytical framework;Secondly,along the China tax revenue system evolution path,from both the overall and sub-regional context of our current tax structure to describe the state of statistical analysis,all-round portrait of China tax structure and characteristics of changes in trends,get hold of the intuitive conclusions on the China tax structure has been impact on the economic growth;again through establishing the panel data model,give more in-depth empirical examination on China tax structure to the regional effects of economic growth,to provide more conclusive and optimization for the restructuring of regional taxes based on the experience;Finally,based on the empirical analysis,give the results of the analysis and policy recommendations to improve.This paper is divided into six chapters:Chapterâ… :Introduction:To introduce the main background of this article,basic ideas and research methods,the structure of sections,innovation works.Chapterâ…¡:The decision elements of the tax structure and its economic growth effects.First of all,the connotation of the tax structure to make a clearly defined mechanism for its decision to a brief discussion,and then focus on the point of view of economics to explore the tax and revenue structure is ways in which the role in economic growth,tax revenue and tax structure affects economic growth in the intrinsic conduction mechanism and the path of what is in the tax variables and economic growth variables draw a road map forward conduction to the back of the empirical chapters provide a theoretical framework for analysis.Chapterâ…¢:the situation of China's current tax structure of the statistical analysis of the tax system in China along the path of evolution,from coarse to fine in accordance with the principle,namely,direct and indirect taxation from the perspective and the perspective of the six major categories of tax revenue of China's changes in the structure of the situation descriptive statistics analysis,identifies trends and characteristics of its evolution,from the overall tax structure and tax structure of both regions to all-round portrait of changes in tax structure of our situation.Changes in the overall tax structure reflects the overall situation of the country so that our tax structure on the evolution of China's trends and have an overarching understanding of the path;regional changes in tax structure reflects the inter-regional differences in tax structure,easy to grasp the regional tax structure,we the direction of the adjustment.Described by statistical analysis of the initial tax structure of China's,we can gain the intuitive conclusions about the impact on economic growth.Chapterâ…£:the structure of China's tax revenue growth effects of regional economic analysis of the measurement along the first two chapters of analysis of ideas,through the establishment of panel data model of the structure of China's tax revenue effects of regional economic growth for more in-depth examination of the evidence for the regional tax restructuring and optimization experience to provide more solid basis.Chapterâ…¤:the statistical analysis of the impact about the influence of the level of China's tax burden on economic growth.We establish the panel data model of the structure of China's macro tax burden to analyze the regional impact of the tax structure on economic growth to reflect the combined effect of economic growth.Chapterâ…¥:perspective of economic growth based on structural adjustment,China's tax policy proposals,in Chaptersâ…£andâ…¤of the empirical analysis based on the tax structure in China's economic growth effects of a comprehensive analysis and perspective on the economic growth of China's regional to evaluate the tax structure,analysis of tax policy-oriented structural adjustment and economic growth based on the perspective given the restructuring of our tax policy space and recommendations.Innovative work of this article are:(1) from an economic point of view,we describe the tax structure of the variable impact on economic growth,mechanisms and conduction path, given the impact of the tax structure of the basic theory of economic growth based on the interpretation and economics.(2) clarify that the tax structure impacts the degree of specialization and division of labor by changing the transaction costs,thus affects the level of technological progress of society and changes the output efficiency of factors of production, brings economic growth;(3) based on the economic growth perspective,it breaks through the traditional structure and analyzes the relationship between economic growth only at the level of direct and indirect taxation of the situation,through a large number of theoretical and empirical analysis of the impact of the tax structure on economic growth to the analysis of detailed the level of tax categories,and based on the empirical results of the analysis are given specific recommendations to adjust the tax system has greatly enhanced the operational policy recommendations.Although in theory,this paper seeks the root causes to affect the mining tax structure of economic growth,and select the most comprehensive empirical analysis of sample data to arrive at more objective and accurate conclusion,but still there are some regret,with the two main points:(1) tax-assisted study is comparatively rough.As a result of China's current tax system is a typical example of a turnover tax as the mainstay,the main tax status of income tax has not been implemented,mainly property taxes,specific acts of tax and tax purposes of these supplementary tax revenue tax revenue in the share of total income too low,restricting the role of tax regulation,making our economic growth in these taxes,the estimated effect of the problem there may be underestimated.(2) in the panel data model,the selection of variables to control is of the limitations of the certain existence.