An Empirical Study Of The Relationship Between Economic Growth And Taxation

Economic growth is an important research in economics,it also play an important role for the government's policies,and tax burden is one of the important means of macroeconomic management,getting a very important position in the academic word.There are countless links between them,a comprehensive,objective,in-depth understanding of the relationship between tax and economic growth is not only important,but also necessary.This paper first reviews the relevant basis theory.After the further comprehensive analysis of the tax on the transmission mechanism of economic growth,we can make a clear understanding of the basic theory of economic growth and the tax.Then make a further analysis of the transmission mechanism in defining the meaning and the influence factors of tax,the main path is from the change of tax burden to the driving factors of economic growth,in other words,enhance the driving factors would be promoting the economic growth.Specifically speaking the tax burden changes the capital,labor,technology progress and effective demand,and ultimately achieve the impact on economic growth.At present,the research about then is mainly based on the linear model,this paper first carries on the linear test to the data,according to the result.It is known that the relationship between the two is applicable to the nonlinear theory and model.This will use the STR model quickly developing for the empirical analysis of the relationship between economic growth and tax revenue,it is helpful to reveal the complex relationship,so as to provide empirical evidence for the economic macro-control.In the empirical part,this paper first make a basic descriptive analysis,and grasps the basic relation of the tax revenue and the economic growth.Secondly,we use unit root test and Grainger causality test to test its stationarity and causality.Then,on the basis of the brief introduction of the development,the main advantages and the process of the STR model,this paper makes an empirical analysis on the economic growth and tax revenue by using the logic smooth transition model(LSTR).The first part of the model is determined linear,and then get the linear test to determine if it is suitable for the model and then carry on the parameter estimation,finally,make a series of tests to ensure the reliability and validity of the model.Finally,the conclusions are as follows: first,when the economic growth rate is not more than 18.326%,the relationship between the two shows a simple linear relationship.Once the economy is overheating,the threshold exceeding,then the nonlinear effect of the complex began to play an important role.Second,according to the characteristics of the relationship between the two,China's economic growth can be divided into three stages.The first phase is 1955-1967,both the rapid economic growth and the sharp decline after the rapid growth period.The second stage is 1968-1985,China's tax revenue and economic growth shows linear characteristics,and economic growth shows more stable.The third stage is from 1986 to now,the relationship between tax revenue and economic growth shows linear relationship.Third,after the economic growth reaches the certain limit,the role of tax gradually highlights.It shows that in the period of rapid growth,the impact of tax increases on the current economy is negative,but in a long time it shows a significant positive contribution to economic growth.And make policy recommendations Based on them above.