政府驻地迁移如何影响地方政府债务  

HOW DOES GOVERNMENT RESIDENT RELOCATION AFFECT GOVERNMENT DEBT

作　　者：王海 王婕 尹俊雅 WANG Hai;WANG Jie;YIN Junya(School of Economics,Zhejiang Gongshang University;Institute of Chinese Finance Studies,Southwestern University of Finance and Economics;Institute of Finance and Economics Research,Shanghai University of Finance and Economics)

机构地区：[1]浙江工商大学经济学院,310018 [2]西南财经大学中国金融研究中心 [3]上海财经大学财经研究所。

出　　处：《经济理论与经济管理》2022年第5期65-77,共13页Economic Theory and Business Management

基　　金：国家自然科学基金青年项目“中国环境规制政策的‘波特效应’触发机制与实现路径研究”(71803176);国家自然科学基金面上项目“地区环境目标约束的就业效应研究:内在机制、边界条件与政策建议”(72173118);浙江省哲学社会科学规划之江青年课题“中国环境规制政策演进规律及其经济影响——基于波特假说的再思考”(22ZJQN26YB);北大-林肯中心研究基金项目“政府驻地迁移和城市发展:效果、机制与对策”的资助。

摘　　要：本文在收集和整理中国市级政府驻地实际迁移时间的基础上,全面评估了政府驻地迁移对城投债规模的影响。研究发现,政府驻地迁移显著提高了地方城投债规模,且这一影响随时间呈现递增趋势。本文研究还发现驻地迁移的影响在高行政级别城市中更为明显,且与迁移距离存在正向关联。实行营改增会强化政府驻地迁移对城投债的促增效应。本文在为地方政府驻地迁移管理提供参考的同时,也可为理解政府行为影响提供新的视角。On the basis of collecting and sorting out the actual time of Chinese municipal government resident relocation, this paper empirically analyzes the influence of government resident relocation on municipal investment bonds. The study shows that government resident relocation significantly increases the scale of local municipal investment bonds, and the influence presents an increasing trend over time. The study also finds that the impact of resident relocation is more obvious in high-administrative-level city, and it is positively correlated with relocation distance. In addition, the implementation of replacing business tax with value-added tax will strengthen the effect of government resident relocation on municipal investment bonds. This paper not only provides references for the management of local government resident relocation, but also provides a new perspective for understanding the impact of government behavior.

关 键 词：政府驻地迁移 城投债 政府债务 政府行为 

分 类 号：F812.5[经济管理—财政学] D630[政治法律—政治学]