财政赤字结构新解

财政赤字通常被划分为周期性赤字和结构性赤字,这样的分类方法是以不规则财政收支为零作为前提。在中国,进行这样的划分并不恰当。本文将结构性赤字中的不规则成分区分为相机抉择赤字和不规则赤字,用图解的方式将周期性赤字划分为收入效应赤字和支出效应赤字,并运用赤字结构的“四分法”对中国近期的赤字结构进行扩展分析。

A New Interpretation of Budget Deficit Structure

Budget deficit is usually divided into cyclical deficit and structural deficit,but this classification is assumed that the irregular component in budget is zero.It is pointed out that this assumption isn't proper in China.By distinguishing the irregular component from structural deficit,this paper divides the structural deficit into two parts,one is discretionary deficit and the other is irregular deficit.In addition,the paper graphically demonstrates that the cyclical deficit can be decomposed and stated as the summation of the expenditure effect and the revenue effect.After all,the paper extends the analysis of China's deficit structure with the method of "four-part decomposition."