Study On Fiscal Investment In The Agriculture Based On Public Finance Perspective

Agriculture held the most important position in the economy development,it concern the life-blood of the national economy and the people's livelihood.Fiscal support about agriculture is necessary at any time because it's specific characteristics.In order to realize the sustainable development of agriculture the governments should standardize and constraint the behavior of the fiscal support about agriculture,adjust the policies of fiscal support about agriculture,enlarge the investment in the agriculture.Along with the gradual deepening of economic reform,fiscal reform has entered a new period.China's financial system from the "building-based financial" to "Public Finance" conversion,the financial scope of supply of fiscal adjustment to the gradual withdrawal from the competitive field,expenditures on public services and public goods to the transfer,As we enter the 21 st century,China has entered the historical stage of industrial promote agriculture, urban support country.Agriculture is very important factor of stable development about national economy.With the rapid growth of the national economy,it can not be ignored that there is still weakness in agriculture and the conflict of incongruity between agriculture and the whole national economy has appeared increasingly.Solve conflicts and advanced socialism new country is the emphasis of 2006～2010 and for or a long period of time.The status,structure,scope and benefit of fiscal expenditure for agriculture are the key factors of finance policy.It is critical factor of finance policy that How to further expand the coverage of public finances in rural areas and establish the mechanism of fiscal expenditure about agriculture.The article on the base of historical approach,compare the methods,qualitative and quantitative methods,and so on.First,This article on China's need for financial investment in agriculture to explore the theoretical,it analyzed the evolution of fiscal policy for a number of developed and developing countries the advanced experience,combined with the specific situation of China's financial investment in agriculture,and funded the source of the unreasonable policy from the system and practice of financial agricultural.Second,make use of the C-D production function to estimate the best scale of fiscal expenditure for agriculture,the result is 26.1%.That is government expenditure for agriculture Ratio to Agriculture GDP is 26.1%.The article makes a research on the relationship between the structure of fiscal expenditure about agriculture and the increase of peasant's income.In order to find out how does the five items of government expenditure for agriculture we choose the ADF unit root test and E-G test.The results of analysis indicate four of the five items are positive to increase of peasant's income.And other one is negative to increase of peasant's income.In the last chapter,we give suggestions about how to adjust the structure and scale of fis(?)al expenditure for agriculture based on the conclusion.The main conclusions:Firstly,the distribution system of national income restricted the fiscal expenditure for agriculture policy.Secondly,the scale of government expenditure about agriculture is small.In order to increase peasant's income and reduce the income disparity between urban and rural area should increase the scale of fiscal expenditure for agriculture. Thirdly,the structure of fiscal expenditure about agriculture should be further optimized.Lastly,it is still identified that the expenditure benefit is small compared with other countries. So fiscal investment in agriculture is not only concerned about the economic benefits of agriculture,more brought about by social and ecological benefits.Focusing on the some elements that restricted the effects of government expenditure in agricultural,this paper presents following solutions:to promulgate a low,to implement two reform,to follow three principles,and to put into practice four measures.1) to promulgate a low, that is the Agriculture Investment law of the Peoples Republic of China should be promulgated.2) to implement two reform,that is increase the supply of government expenditure in agriculture and further perfect the management system and raise the efficiency of running financial capitals.3) to follow three principles,that is make up market failure,to follow the equity and to respect the wishes of the farmers.4) To put into practice four measures,that is,to ensure the objects of government expenditure in agriculture,to increase the focal point of the agriculture,to perfect the policy and to optimize the comprehensive reform of the rural areas.