An Empirical Study on Fiscal Policy's Promoting Environmental Protection Based on Pollution Spills

摘要

Environmental quality has always been the focus of China's economic and social development. China puts forward that environmental protection and economic development should complement each other, but in practice economic development has been relatively fast, meanwhile, China has paid a serious environmental cost. This paper will take into account the characteristics of pollution spills, and do the research on the environmental governance effects of fiscal policy by establishing the spatial econometric models. The results show that the best environmental governance effects of fiscal policy are industrial sulfur dioxide emission reduction, followed by industrial solid waste reduction, and finally the industrial waste reduction. The research output will have a positive effect on China's financial reform, and further will help to improve the environment quality of China.