The Statistic Analysis Of Chinese Fiscal Institutions Cost And Factors

The fiscal system is both a history category and political category, but also an economic category. As a multi-attribute social sphere, the financial systems in the different forms of social development always reflect the different social functions. In different historical periods, the financial system reflects the social form on which it is that different sectors of political, economic status and economic interests. So financial system is the most critical system power hub in the historical process of the evolution of human society. The fiscal system after reform play an important role in the development of economic, but fiscal revenue growth significantly lags behind economic growth, and increasing burden of individuals affected the consume power. The research of institution cost is to recognize the fact of the current system.This essay reviewed the classic literature domestic and abroad, and based on the history of the change in the development of China fiscal system, it analyzes the type of evolution of fiscal system by the theoretical of institution, especially the character of each stage of fiscal system change after the reform and opening. It analyzes the trend of China fiscal system, and with the character of the public finance system in the direction of the financial system reform.Second, using the SEM, the essay measure the scale of institution cost for30years, and analyzes the efficiency of fiscal system, the relationship between the efficiency and economic growth, the efficiency and social equity. On the basis of quantitative analysis, starting from the data of more than30years fiscal system, institution change is divided into three stages, and in various stages on the basis of analysis of the institution cost, we find the long term relationship between economic and the institution cost. The principal component analysis found that informal institutional factor is very important factor.Finally, based on fiscal system reform and the status quo and principal component analysis, the essay suggests the way to reduce the institution cost is to improve the quality of system-makers and implementers, as well as the public understanding of the system, and proposed some reform proposals.