关键词: 财政体制, 财政分权, 经济效应

Abstract: After the evolution of China's fiscal system,the level of fiscal decentralization did not increased,but there appeared to be a trend of fiscal centralization.Local governments bear excessive expenditure responsibilities.The inappropriate assignments of expenditure and revenue responsibilities caused a high vertical imbalance.Local governments have a high dependence ratio and a low tax control ratio.The future reform of China's fiscal system should consider a trade off between centralization and decentralization,but proper decentralization is inevitable.

Key words: fiscal system, fiscal decentralization, fiscal centralization