我国自1978年改革开放以来,财政赤字规模不断增加,关于赤字率的衡量指标,很多人把《马约》的参照值作为心理底线并不科学,应当根据我国国情和财政赤字的目的来研究财政赤字的规模。本文通过实证分析证明了我国的财政赤字没有通货膨胀效应,而且具有促进经济增长的效应,得出了我国财政赤字规模适中的结论,并对如何控制财政赤字规模提出了政策建议。 Since the reform and opening up in 1978, the scale of fiscal deficit has been continuously increasing. Regarding the measure of the deficit rate, many people use the reference value of “the Treaty of Mayo” as a psychological baseline unscientific and should study the fiscal system according to the actual conditions of our country and the budget deficit The scale of the deficit. The empirical analysis proves that our fiscal deficits have no inflationary effect and that they have the effect of promoting economic growth. We conclude that the scale of fiscal deficits in China is moderate and put forward policy suggestions on how to control the scale of fiscal deficits.