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An Analysis on the Relationship between Tax Revenue and GDP from the Perspective of Tax Revenue Contribution——A Case of Wuwei City in Gansu Province
Pages: 32-36
Year: Issue:  8
Journal: Xi'an Finance

Keyword:  panel clustertax revenue contributioneconomic growth;
Abstract: Based on the panel clustering model, the paper analyzes the size of the tax revenue contribution according to industry division of Wuwei city. The result shows that 15 industrial sectors of national economy can be divided into four categories according to the size of the tax revenue contribution. The tax revenue contribution of leasing, business, residents and other services is highest,followed by the real estate industry. The contribution of industry, accommodation and catering industry is lowest. Panel regression model shows that the promotion to the economic growth by the industries which have the highest contribution of tax revenue is lower than the industries which have the lowest contribution. Based on the result of cluster and regression model, the paper puts forward some related suggestions according to the existing problems of tax policy of Wuwei city.
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