中国财政支出与经济发展的实证研究
Empirical Study on China’s Fiscal Expenditure and Economic Development

选取中国31个省2009~2018年的面板数据，构造中国各类财政支出与经济发展关系模型，运用固定效应估计方法，对财政支出与经济发展关系进行实证分析。实证结果表明：中国不同类型的财政支出对经济增长有不同的作用，农林水事务支出对经济增长没有明显影响；财政教育支出和科学技术支出对经济增长具有显著的促进作用；资本投入和劳动投入对经济增长有极大反差，在此回归结果基础提出，在符合国家政策要求下，结合地方经济发展特征，对财政支出规模和结构做出调整，促进区域经济协调发展。
Based on the panel data of 31 provinces in China from 2009 to 2018, this paper constructs the relationship model between various types of fiscal expenditure and economic development in China, and makes an empirical analysis on the relationship between fiscal expenditure and economic development by using the fixed effect estimation method. The empirical results show that different types of fiscal expenditure in China have different effects on economic growth, and the expenditure on agriculture, forestry and water affairs has no obvious effect on economic growth; Fiscal expenditure on education and science and technology can significantly promote economic growth; Capital investment and labor investment have a great contrast to economic growth. Based on the regression results, it is proposed to adjust the scale and structure of financial expenditure in line with the requirements of national policies and in combination with the characteristics of local economic development, so as to promote the coordinated development of regional economy.