Study On The Implementation Deviation Of Public Finance Budget In China

Since the third plenary session of the 18 th CPC central committee emphasized and restricted the budget system,people have realized the importance the state attaches to public finance.As an indicator to reflect and measure the use efficiency of fiscal funds,the implementation deviation of fiscal expenditure budget has also been widely concerned.The increase of execution deviation can soften the constraint of budget and damage the credibility of government,which to some extent reflects the existence of large or small loopholes in the whole process of public fiscal expenditure.Therefore,we need to conduct the thorough research to the fiscal budget implementation deviation,to speak with data,find the problems existing in the process of budget policy implementation,to leak fill a vacancy,and improve the budget system,can make it better for the development of China's public finance policy guidance.In this paper,the execution deviation of the budget final accounts of national,central and local fiscal expenditure in China from 1998 to 2016 is graphically described by the broken line graph.Then,the system clustering method is used to classify the implementation deviation of the budget final accounts of fiscal expenditure in 31 provinces and cities in China.According to the deviation,all regions are classified into four types.Finally,the panel data model was established to carry out panel regression analysis on 9 small indicators of economic and social factors,and to obtain the indicators with significant influence on the execution deviation and their contributions.This paper is divided into seven parts.The specific research contents of each part are as follows:Part one: introduction.The background and research significance of the thesis are put forward,and the background and research value of the paper are emphasized.This paper introduces the framework and research methods of the paper,so that readers can understand the research context.List the latest research trends at home and abroad,and find the best breakthrough on the shoulders of predecessors.The research idea and innovation point are expounded,which makes the article more organized.Part two: related concepts and theoretical basis.To public finance,public finance budget and final accounts of public finance and deviation concept explanation,at the same time it clearly budget management theory,principal-agent theory,the bureaucratic budget maximization theory as well as the zero-base budget theory.Part three: analysis of the implementation deviation of the budget of public financial expenditure in China.This article first through graphics and tables to our country public finance expenditure in 1998-2016 executive deviation transverse and longitudinal comparison,and then of 31 provinces in China is clustering analysis budget implementation deviation of fiscal expenditure,finally it is divided into four types and qualitative analysis in combination with the practical situation of area.Part four: analysis of the factors influencing the deviation of the budget of public financial expenditure in China.This paper explores the specific factors that influence the implementation deviation from economic,social and political aspects.Since it is difficult to quantify the political indicators,the economic and social indicators are analyzed quantitatively,and the political factors are analyzed qualitatively.In the quantitative analysis,the indicators that may affect the implementation deviation of the fiscal expenditure budget are found.Then,relevant data of 31 provinces of these indicators were collected from 1998 to 2016.Software SPSS22.0,Eviews8.0 and other software were used to conduct smooth test,co-integration test,Hausman test and F test to determine the panel data model.Next,according to the model,the indicators are screened and analyzed by regression,and according to the results.Finally,from the political point of view to analyze what factors will affect the implementation deviation.Part five: the experience of financial budget reference.Article analyses in detail the United States,Britain,Japan,the three countries financial budget system,analyzes their reform process,draw lessons from the advanced experience,properly to modify into accord with the actual conditions of our country laws and regulations.Part six: the countermeasure suggestion of the deviation of China's public finance budget.Article the research object of fiscal budget implementation deviation is generated during the implementation of a policy as a result,so in this paper,from the budget law and system performance,budgeting,budget execution,budget monitoring this four aspects put forward the corresponding countermeasures and Suggestions,such as: perfecting legal reform system,standardize the process improvement method,constraint control officials in excess of the discretion,strengthen the supervision of National People's Congress and the public supervision and participation method,makes the budget more legalized,scientific,can reduce the implementation deviation of fiscal expenditure.Part seven: conclusion and prospect.The results show that the index in the studied six indicators have significant effects on implementation deviation of fiscal expenditure,the total retail sales of social consumer goods can inhibit the growth of the budget implementation deviation of fiscal expenditure,and the remaining variables can prompt implementation deviation.And can have different degree of the influence of different factors,from big to small in turn is at the end of the total population,the whole society total fixed asset investment,total import and export of goods,consumer price index,the illiteracy rate.In the final outlook,the scholars is expected to further study of the central government budget to the cause of the situation is better than that of local government budget,improve the efficiency of local government finance,but also attaches great importance to the economic development of fiscal budget implementation deviation,explore the rule between the two.