ABSTRACT
Since the economy has been generated, many economists around the world have
invested a lot of time and energy to explore the elements of economic growth, economic
growth reasons, economic growth, the internal mechanisms and means of economic
growth and so on. as the important factor and the major consequence affecting
economic growth, growth of the tax revenue has been the concern of the economics
profession.Therefore,the relationship between tax revenue and economic growth have
been studying the issue and objects.The Yangtze River Delta which has 2.2% of the land
area, 10.4% of the population, created 20.31% of the country's gross domestic product,
23.83% of the tax revenue.Its rapid economic development can play an important role in
stimulating economic development of China's other provinces and cities, connecting
domestic and foreign markets, attracting overseas investment,promote China's industry
and technology transfer, and participating in international competition and regional
reorganization.
This paper selecting the data of 1995-2008 tax revenue and economic growth in the
Yangtze River Delta and trying to analyze the relationship between tax revenue and
economic growth from the three aspect --- the total, elastic and Macro-tax burden
concluded that tax revenue and economic growth are highly relevant in the Yangtze
River Delta, but their growth is uncoordinated, and the average elasticity coefficient is
1.87.In this context, the paper uses cointegration model to analyze the relationship
between economic growth and tax revenue in the Yangtze River Delta.If they are
long-term stable relationship, how their relationship is like? At the same time ,this paper
study the relevance of tax revenue growth, macro-tax burden and GDP growth rate?In
addition, the paper also do a comparative analysis of differences among the Yangtze
River Delta with the national average, Tianjin and Hebei economic zone, and thus study
tax revenue and economic growth deeply, in order to further optimize our tax system in
practice, effective use of financial expenditure , optimize the industrial structure,
strengthen regional cooperation.
This paper researches the relationship between tax revenue and economic growth
in the Yangtze River Delta, with the method of overall analysis, quantitative analysis
and comparative analysis and get the following conclusions:(1)There is a long-term
stable relationship between tax revenue and economic growth , and also two-way
causation in the Yangtze River Delta. It indicates that the Yangtze River Delta's