我国政策在执行过程中经常出现“上有政策,下有对策”现象,成为影响政策执行的关键因素。中央政府与地方政府在谁使用公共资源更有效率方面分歧较大,所以进行财政分权改革是必要的。本文从财政分权式改革的成本效益角度来进行分析中国公共政策的执行效果。 China’s policy often appears in the implementation process “There are policies, there are countermeasures ” phenomenon, a key factor affecting the implementation of the policy. Differences between the central and local governments are more efficient in those who use public resources, so it is necessary to reform the fiscal decentralization. This article analyzes the implementation effect of China’s public policy from the perspective of cost-effectiveness of fiscal decentralization reform.