Research On Division Of Power And Expenditure Responsibility Between Central And Local Governments From The Perspective Of The Macro Tax Burden With Sustainable Development Constraint In Central China

At present,the division of power and expenditure responsibility between central and local governments in China is confusing.And the problem presses for solution is how to keep sustainable finance for local governments.Literatures show that the interval of large-caliber macro tax burden from 22.48% to 33.3%,meeting the needs of economic growth,transformation and promotion in China,And the lower limit is more effective.Based on the above,this paper takes sustainable development as a prerequisite for restricting macro tax burdens,takes central provinces as the research object,and divides the central authority and expenditure responsibility at a theoretical level,and deeply studies the scale of fiscal expenditure and the impact of sustainable development.Finally propose adjustment and optimization plan.Firstly,based on the literature review,We analyzes the status of the division of central authority and expenditure responsibility in China.Through four budgets: general public budget,government funds,state-owned capital management and social insurance funds,it is found that the Chinese government is "offside" and The coexistence of “absence”,high overlap of common affairs between the central and local governments,and overload of local government expenditures;secondly,clarify the reasonable boundary between the government and the market,and adopt the four principles of externality,information complexity,incentive compatibility and fairness.China's central land authority and expenditure responsibility are divided into theoretical levels;then,a sustainable development indicator system is established,and the entropy value method is used to quantify the level of sustainable development.Based on panel data from 2009 to 2018,feasible generalized least squares(FGLS)is used.At the same time,control the fixed effect and time effect of provinces,and study the impact of different fiscal expenditure scales on sustainable development in central provinces.The results show that: general public budget expenditures inhibit sustainable development;current government fund expenditures promote sustainable development,and lagging government funds Spending inhibits sustainable development;society Insurance fund expenditures promote sustainable development;general public service expenditures,public safety expenditures,and science and technology expenditures promote sustainable development;education expenditures,urban and rural community expenditures,and agricultural,forestry,and water expenditures inhibit sustainable development.A regional analysis of central provinces reveals that there are regional differences in the impact of fiscal expenditure scale on sustainable development.Finally,combined with the theoretical division plan and empirical analysis results,the central province's sustainable development constraint macro tax burden perspective adjustment plan for central government authority and expenditure responsibility is proposed.There are two possible innovations in this paper: First,research perspective innovation,research on the division of central and local powers and expenditures responsibility in the perspective of sustainable development constraints macro-tax burden;second,the use of full-caliber fiscal revenue and expenditure for research,and draw more scientific and reasonable and operability of the central and local powers and expenditure responsibility adjustment program of the central China.