An empirical study on the factors affecting China's fiscal revenue based on regression model
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DOI: 10.23977/EDMS2020.032
Corresponding Author
Kun Lin
ABSTRACT
There are various types of factors affecting a country's fiscal revenue, such as social electricity consumption, tax revenue, CPI output value of the three major industries, PPI, fixed asset investment, employment, and so on. Various related factors influencing China's fiscal revenue, the author of this paper constructs the econometric model based on regression algorithm, using Wind database, gathering information using Eviews8.0 software to establish regression model, data and autocorrelation, heteroscedasticity and multicollinearity analysis, analyzes the main factors affecting China's fiscal revenue and the influence of various factors. Combined with the knowledge of economics, the paper gives a reasonable explanation to the model. Finally, some constructive policy Suggestions are put forward.
KEYWORDS
financial revenue, DW test, Goldfeld-Quanadt test, White test