Study On The Deviation Of Local Financial Budget And Final Accounts And Its Influencing Factors

Finance is the blood and foundation of the country,and the government budget is the core of finance.The report to the 19 th National Congress of the CPC calls for "establishing a comprehensive,standardized and transparent budget system with scientific standards and strong constraints,and fully implementing performance-based management." Whether the budget constraints are strong and whether the budget system is scientific depends to a large extent on the control of the deviation degree of the fiscal budget and final accounts.In recent years,the deviation degree of China’s fiscal revenue and expenditure budget and final accounts is high,the phenomenon of overspend revenue and overspend is common,and it shows obvious regional differences,resulting in the low efficiency of the use of financial funds.Therefore,it is necessary to conduct an in-depth study on the deviation situation of the financial budget and final accounts in all regions of China,find out the factors affecting the deviation degree of the financial budget and final accounts in various regions,and take different improvement measures to improve the fiscal budget system,so that it can better guide the direction for the modernization of China’s public finance.Based on the data of the budget of local government fiscal revenue and expenditure from2000-2020,from the overall situation and regional differences,the national 30 provinces,municipalities and autonomous regions(excluding the Hong Kong,Macao and Taiwan),on the economic,social,political and financial factors in the regional empirical study,and make a reasonable economic explanation of the empirical results,improve the control fiscal budget deviation.From the research framework,this paper can be divided into three parts.The first part is the basic theory analysis,including the introduction,the first chapter and the second chapter,which outline the overall idea,theoretical basis and basic content of this article.First of all,it expounds the policy background of studying the deviation of local financial budget and final accounts,emphasizes the theoretical value and practical significance of the research,introduces the research status on this topic at home and abroad in detail,and briefly explains the structure and research method of the paper,as well as the innovation and deficiency of the paper;Secondly,the concept of public finance budget,public finance final accounts and budget and final accounts and other deviations are explained,and the comprehensive budget management theory,principal-agent theory,public choice theory as the theoretical basis of the article;Finally,the basic situation of local government budget management in China is sorted out to understand the evolution of the system,budget content and budget and final accounts in China,and analyze the causes of the possible leading to the deviation of financial budget and final accounts.The second part is an empirical analysis,including chapters third and fourth.First of all,the description and statistical analysis of the local overall and provincial financial revenue and expenditure budget and final accounts deviation status quo;Secondly,the regional difference of the deviation of each regional fiscal revenue and expenditure budget and final accounts is studied from the three aspects of absolute difference,relative difference and multi-index clustering,and all regions are classified into four categories according to the deviation;Finally,the panel data model was established,and the panel regression analysis of 15 influencing factors including economic,social,political and financial factors according to the clustering results,to obtained the significant indicators of regional financial budget and final accounts and their influence degree.The third part is the research conclusions and policy suggestions,and the main content is the fifth chapter.Clarify the context of the full text,draw the research conclusion,and according to the empirical analysis results,from the three links of the budget management process,summarize the suggestions to improving the current budget system,and finally point out the future research direction.This study from the perspective of regional differences,based on the panel data model for empirical analysis,aims to explore the specific factors affecting local fiscal revenue and expenditure budget deviation,for the results of effective control of fiscal revenue and expenditure budget deviation policy Suggestions,to improve the government budget management level provide scientific theory for reference.