| Coordinated regional economic development of China is inevitable, but the gap between regional economies, however, did not narrow with the growth of China's economic. from the wide attention of people. The evolution of the economic gap between regions is bigger than before by the theory and practice.There are a lot of factors which Affect a region's economic growth , including conditions in the financial expenditure ,it often affect local investment thereby affect economic growth in the region. For a regional financial expenditure, it depends not only on the number of local revenue, but also depends on the financial transfer payment from the central government,so the financial transfer payment can indirectly affect all the region's economic growth.Choose the research topics, mainly because of two aspects of the theory and practice needs.on the regional economic gap between the theoretical and empirical reasons for research into the study of a lasting economic hot spots. Since reforms and opening up, They formed a different judge whether the economic gap between various regions of the country is the convergence or divergence. A different approach, different time interval selected to establish the economic model is very rich, and they cause economic development gap for a number of reasons angle of analysis, and in their analysis of the theory put forward based on the areas under the control of growing economic disparities, and promote the coordinated development of regional economic policy measures. From the perspective of Financial transfer payment change the gap between regional economic is the characteristics of this article ,it has been selected from 1994 China's reform of the tax system since the central point of financial transfer payment for the study of the practice, and explore the financial transfer payment in the; regional economic disparities in the effects of convergence .This study draws on the basis of previous studies at home and abroad, selects a new period of economic development of the new practice, previous theoretical model lessons the desirability of analysis. Recalling the history of this paper and from abroad, using qualitative and quantitative analysis of the method of combining to describe this complex issue. Empirical analysis is that the article focused.through regression analysis measurement, On the one hand, it can draw on the financial transfer payment effect of the regional economic convergence precision; on the other hand, it can also find a more standardized method of transfer payments. This has been the understanding of the relationship between the two is deepening, it can further improve the financial transfer payment to balance regional economic disparities in the role. In this paper, there are six-chapter contents. From the article about the background and significance of topics, the first of the financial transfer payment to regional economic impact of the gap between the theoretical foundation, and a summary and review of the new era of China's financial transfer payments and regional economic convergence in practice, and then using the empirical analysis of the method of the financial transfer payment in the region, as well as the impact of economic convergence norms of the transfer payment method should consider the factors in the final summing up the practice of foreign policy based on the recommendations and further research directions.Through our study, the author received the following conclusions:1, Since opening policy was carried out the distance of regional economy has not appeared to be narrowed. After analysis of regional economy distance affected by financial transfer, we can find out Chinese governments' financial transfer is not helpful to narrow the distance. On the contrary the distance has been broadened. The reason why the transfer function effect on economic convergence is low is that the financial transfer is not perfect. So ameliorating the system for the harmonized regional economic development makes sense.without taking into account the financial transfer payment factors, the statistically significant convergence factorβis -0.013267.βis positive,that is to say in our country the 2001-2005 regional economic convergence does not exist, contrary to the regional gap in the pace of expansion of 1.3 percent. When joining the variable- transfer payments, we estimated to -0.014151 convergence factorβ,βfrom the meaning of the absolute value, but consider increasing transfer payments, the period of the 10th Five-Year Plan for the transfer brings not only the region's economic convergence, it expanded the area gaps so as to make the regional economy rate of 1.4% divergence. This shows that China's current transfer payment policy, which has many problems in a fair and efficient.2, In terms of factor method, although we consider regional natural factor, economic factor and public service factor, by studying these factors we find out that some factors have not been taken into consideration and some research directions are not correct, which means that ameliorating factors method is a long way to go.In natural factors, the areas of relative regions are considered and the result appears the scale of financial transfer is in proportion of areas. It is appropriate. However, the population goes adverse direction against financial transfer. It is obviously inappropriate. In economic factors, GDP per person, financial power per person and fixed assets investments are taken into consideration. Its reasonable that GDP per person is in disproportions of financial transfer gains. But, its not. reasonable that financial power and fixed assets investments are in proportion with financial transfer gains, which is not helpful to balance regional financial power. In public service factor, only the amount of students are considered while the amount of medical branches and the amount of post business is not considered.3, The existing problems which occur in China's financial transfer payment. (l)Firstly, the scale of the problem, that is, special subsidies and tax return ocuppy too large. proportion of relatively fair general transfer payments in the transfer payment system in the ratio is not high; (2)Secondly ,There was the model problem, and our long vertical transfer payments through the implementation of the intergovernmental transfer payments, the effect is not very satisfactory; (3)Further methodological issues, "the base" widely used in transfer payments Fan decision, but this method is not scientific and rational; (4) Finally, other issues, such as China's current transfer payments in the regulatory deficiencies, weak legal basis;4,the policy advice on improving our financial transfer payment .(1) against unreasonable transfer payment structure, the Government should increase the share of general transfer payments ratio, Narrow tax return ratio, and then phasing out of this form and regulating this form of special subsidies.(2) on this issue, the proposed combination of the economic situation around, the transfer payment mainly vertical, horizontal form of transfer payments, supplemented by approach.(3) we should adopt a more scientific methods—method of factors,and then find all factors about financial transfer payment.(4). strengthen government supervision and improve the relevant legal transfer payments is to improve the efficiency of the essence.In addition, through this study, the author saw that there are several areas to examine in depth. such as Empirical methods ,the deepening of the financial transfer payment breakdown on the number of regional economic development analysis, the financial transfer payment in the region of the combined effects of economic development,. |
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