Economic Analysis Of The Extraordinary Growth Of China's Tax Revenue

Resent years, a hot topic is that China's GDP grows with the ratio of 8% generally, while the revenue's growth ratio remains 15% to 25% which is twice more than GDP's. According to the basic economic principle of which economies decide revenue while revenue feeds back to economies, the phenomenon above is inconceivable.Both the theory and experience studies indicate the cause and effect relationships between the income and the kinds of the revenue and investment, export, employment, productivity and innovation. Compared with the higher revenue countries, the lower ones have higher GDP's real growth. Revenue policies effect the economy growth in two ways. First, the lower revenue brings the real benefits of savings, investment, labor and innovation on higher. Second, the encourage-measures adopted by lower revenue countries can transfer the resource from the departments and the industries with lower productivity to the higher ones, which improves the resources' total benefits, while the higher revenue countries conduct the other way round.In order to hold the situation and the change rule of the revenue in more sense, scientific evaluation of the correlation of the revenue incomes and the macro economies will benefit our country's macro decision-making and exert the revenue's function role to collocate the economy. That will facilitate the harmony between the revenue incomes and the economy's growth.Based on over-growth of the revenue, this paper analyzes the reason of our country's over-growth revenue. This paper discusses the revenue's over-growth and the correlation between our revenue's growth and the GDP's through the international and domestic literatures. Using the correlation analysis and multi-linear regression analysis, this paper analyzes the real situation of Yantai empirically, and brings forward the rational inter-region of revenue's growth and some policy advice.With the restriction of the data, the identification of the over-growth revenue is least of science, so we need to find better methods to prove that.