The Analysis On China’s Fiscal Transfer Payment System With The Perspective Of The Supply Ability Of Public Service

The reform of the tax distribution system which has been executing since 1994 made china formed a fiscal system that centralized on the revenue and decentralized on the expenditure.Under this system,the problem of the asymmetry of the central and local financial powers and responsibilities and the widening of the gap between regions increasingly prominent.In order to achieve the equaliazation of the supply ability of basic public service between regions, the intergovernmantal fiscal transfer system becomes a necessary measures.After the development of twenty years,our country has been formed the fiscal transfer payment system whose main body has three types such as institutional transfer payment,general transfer payment and special transfer payment.The fiscal transfer payment funds are increasing year by year,the scope of payment gradually also expands,the positive role of narrowing the government financial level gap between regions is gradually enhanced.However,based on a variety of reasons,the effect of our country’s fiscal transfer peyment on the narrowing of the gap of public services between regions is ralatively limited,there is a big room to improve.Then,which factors influence the local government’s supply ability of public service in our country? How much influence has the our country’s fiscal transfer payment system to the local public service supply ability?These problems are worth further research.Based on the above background,with the perspective of public service supply ability,this paper deeply analyzes our nation’s fiscal transfer payment system,focuses on the effect of the fiscal transfer payment system to the improvement of the ability of local public service supply.Based on the establishment of public service supply ability evaluation index system and the analysis of main factors affecting the local public service supply capacity,on the basis of the data from year 2000 to 2012,this paper build a provincial panel data model,analyzes the influence of our nation’s fiscal transfer payment system to the supply ability of local public services.The result shows that the promote effect of our nation’s fiscal transfer payment system to the supply ability of public services is inferior to that of the autonomy fiscal revenue of the local goverment. After the analysis of the current situation of our country’s fiscal transfer payment system, combined with the beneficial experience of the foreign fiscal transfer payment,this paper put forward the basic idea of improving our country’s fiscal transfer payment system and countermeasures.This article is divided into six chapters altogether.The first chapter is the introduction part,introduces the research background,research significance,research content,structure and methods of the full text,reviews the relevant research results at home and abroad,and puts forward the innovative points of the full text and the expected difficulty.The secondchapter is the theoretical part,interprets part of the relevant concepts which involve the fiscal transfer payment system and the public service supply capacity, elaborates the relevant basic theories.The third chapter carding the change process of fiscal management system in our country and the development process of the fiscal transfer payment system,focuses on the analysis of the influence of fiscal transfer payment system and the different ways of transfer payment on the present situation of the local government public service supply ability, and then draws lessons from some efficient practices of fiscal transfer payment system in some developed countries,summarizes the common characteristics and experiences of these countries.The fourth chapter analyzes the present situation of local government public service supply ability.First,this chapter applies principal component analysis to analyze the influencing factors of local government public service supply ability.Second,it compares local public service supply ability between regions at the present stage,and analyze the reasons of the difference of local public service supply ability between regions.The fifth chapter is the empirical analysis of the relationship between the fiscal transfer payment system and local government public service supply ability.This chapter firstly calculates the financial equilibrium effects of fiscal transfer payment system using the Theil index,and then build a provincial panel data model to analyze the function of fiscal transfer payment system for local public service supply ability,and summarizes the relationship between the two.The sixth chapter is the countermeasure part,first put forward the basic ideas of improving our country’s fiscal transfer payment system,and then puts forward corresponding countermeasures.