Public Investment,Government Audit And Corruption Control

Since the reform and opening up,China's economic development has made remarkable achievements.At the same time,a series of problems,such as corruption,are also accompanied.Nowadays,corruption is a worldwide phenomenon,especially for countries in the period of economic transition,and the problem of corruption is more serious.Research shows that there is a correlation between corruption and economic growth or investment.Investment is an important way to promote economic growth.However,corruption has reduced the effect of investment to a certain extent,and slowed down the speed of economic development.Especially in the field of public investment,this problem is particularly prominent.In recent years,corruption in the public field has been bursts,which has aroused wide attention from all walks of life.The consequences are very serious,which not only impedes the formation of good social atmosphere,reduces the enthusiasm of taxpayers,but also greatly wastes public social resources and makes public investment efficiency decline.Therefore,strengthening the study of corruption in the field of public investment is particularly urgent.The existing research also shows that corruption in the field of public investment is indeed serious,but there is a lack of research on the specific mechanisms and interactions between the two.The supervision and control of corruption is very important for national governance.Government audit is an important tool for national governance and clean government construction,an important means to control corruption,and an immune system for national economic operation.Essentially,government audit is the act of power supervision by the state according to law.It is an important part of national governance.The core is to promote democratic law,achieve good governance of the state,and promote the healthy operation of the national economy and society,so as to better protect the interests of the people.Then,to clarify the relationship between corruption and government audit from the empirical aspect,it will be beneficial to the full play of the role of government audit.In this paper Chinese 2009~2014 years 31 provincial panel data,first of all,this paper through the measurement model of corruption and economic growth to test the relationship between the two;then,we construct an empirical study on public investment,government audit and corruption control model;possible endogeneity of mutual influence between investment and corruption taking into account,and set up a simultaneous equations,and to return to the three stage least squares method;finally,the paper also adopted the "data packet time" and "regional groups" to a more in-depth comparative study of the relationship between public investment,government auditing and corruption control.The experimental results show that the relationship between the three party between corruption and economic growth,but in the long run,corruption is of great harm,strong anti-corruption,give full play to the government audit governance role of corruption at the right time;investment is larger,the higher the degree of corruption and anti corruption over,also have a significant impact on investment,the two have mutual influences;the government auditing is stronger,the lower the degree of corruption,there was a significant negative correlation between the two;in the field of public investment,the control function of the government audit of corruption is more obvious.Further "time grouping regression analysis indicated that the 2012 eighteen meeting,and put forward the" eight provisions ",the government audit has been greatly strengthened,the control of corruption is stronger;from the public investment in the high incidence of corruption,but also can get the same conclusion." Regional grouping regression analysis indicated that the eastern and central regions and the overall situation of the country,the three party relationship between corruption and economic growth;the western region,corruption and economic growth for the two party relationship,the image is inverted U type;Northeast,between corruption and economic growth there is no significant compared with the national relationship;" investment of the degree of corruption ",the regression results of the East and the West in the area and the national situation,the investment is big,corruption is more serious,among them,the western region was the most obvious,while the eastern region is relatively not obvious for the northeast region;investment and corruption shows,a significant negative correlation between.Theoretically,the research on investment,government audit and corruption control can expand the existing government audit theory and enrich the theoretical research literature of government audit.From a practical point of view,this paper is based on the national conditions and characteristics of China system,focus on the overall goal of comprehensive deepening reform on the third Plenary Session of the 18 th CPC Central Committee,an empirical study of investment,government audit and control of corruption problems,demonstrated the long-term inhibitory effect of corruption on economic development,and at the same time so that to spread,development and utilization of audit which is an effective tool to control corruption,put forward relevant countermeasures and suggestions.