The mechanism and effect of fiscal policy on industrial structure adjustment in china is the focus of common concern. The18th National Congress of the Communist Party of China highlights that accelerating the reform of fiscal and taxation policies and optimizing the industrial structure adjustment is an important guarantee for economic development with sustainability and healthy. The reason for using fiscal and taxation policy to adjust the industrial structure mainly has two aspects:One is the scope of the market mechanism to adjust and optimize industrial structure is relatively limited because of market failure. The other is the industrial structure effect adjusted by the market mechanism is relatively limited. Because under the conditions of the market mechanism, enterprise, as the industrial structure adjustment, its behavior will inevitably cause serious distortion and imbalance of industrial structure for the purpose of self-interest at profit, inevitably lack of overall importance and integrity and forward-looking in the long time. As the government not only can intervene directly through government investment, but can adapt indirect means such as financial subsidies and tax breaks to guide private investment direction in order to correct private investment structure deviation. In addition, the government can also make use of fiscal expenditure and the structure of the tax revenue to influence private investment, and improve the fiscal and taxation policies for industrial structure adjustment of pertinence, flexibility and policy effect. However, in practice, fiscal and taxation policies for the adjustment of industrial structure effects sometimes conflicts with policy intention. Therefore, there are positive and negative effects of the two kinds of situations on the impact of fiscal and taxation policy to adapt structure in theory. Among them, the positive effect referring to the fiscal policy plays a positive role in the adjustment of industrial structure, speeds up unbalanced state of existing industrial structure, and promotes the basis and rationalization of industrial structure. While negative effect referring to the fiscal policy exists errors when decision-making in the adjustment of industrial structure, policy, time-delayed as well as their limitations such as the inconsistency of multi-objective and the existing industrial structure optimization and upgrading, or add new structural imbalance.Firstly, this paper comprehensively examines the current situation, problems and the reasons of industrial structure in china on the basis of the comprehensive carding on the existing literature at home and abroad, then theoretically interprets the mechanism of fiscal policy promoting industrial structure adjustment, and obtaining the index of industrial structure adjustment from China’s30provinces, municipalities and autonomous regions except Tibet by using the hierarchy index structure method. As well as empirically tests actual impact of China’s fiscal policy on industrial structure adjustment by building two dynamic panel data model whose time span are2004-2011and2007-2011to examine the total of the fiscal and taxation policies for the adjustment of the industrial structure effect and structural effect; Finally, based on the results of theoretical analysis and empirical test system,this paper comprehensively points out China’s industrial structure optimization system with specific recommendations.This article mainly includes five parts:the first chapter is introduction, which mainly introduces the topic background and research significance, research status at home and abroad, the research methods and ideas as well as innovation and inadequate. The second chapter presents situations, causes and problem analysis of industrial structure in our country, mainly analyze the evolution trend of three industrial structure from the three big industry added value of GDP and pull effect on the gross domestic product (GDP) analysis of evolution trend of three industrial structure, Then analyzes the existing problems and reasons of the industrial structure. The third chapter is the fiscal and taxation policy of the present situation and the mechanism analysis for promoting industrial structure optimization. one is from the fiscal policy and tax policy system to comb the current fiscal and taxation policies to promote the industrial structure optimization, the second is the existing problem, which is fiscal and taxation policies to promote industrial structure adjustment, analyzed by the two dimensions from two aspects of the fiscal policy and tax policy,the third is the interpretation of the mechanism from the fiscal and taxation policy to promote industrial structure adjustment theoretically and comprehensively. The fourth chapter is the empirical analysis from the influence between the fiscal and taxation policy and industrial structure adjustment. Empirically tests actual impact of china’s fiscal policy on industrial structure adjustment by building two dynamic panel data model whose time span are2004-2011and2007-2011and using covariance estimation method to research the total effect and structure effect. The fifth chapter is the suggestions for promoting the industrial structure optimization in china, mainly from three dimensions including the fiscal policy, tax policy and countermeasures to put forward suggestions. |