大量研究表明地方政府融资平台超速发展原因是税制改革造成地方政府资金缺乏。本文对此提出质疑,并通过数据实证分析表明,地方政府在绝对意义上并不缺乏资金,但是由于财政收支结构上的限制,使得地方政府有发展融资平台融资的冲动。本文尝试归纳出一个以地方政府融资平台为核心的利益环,以此说明地方政府融资平台高速发展的原因。 A large number of studies show that the local government financing platform for the rapid development of the tax reform is the lack of local government funds. This paper puts forward some questions, and through data empirical analysis shows that local governments do not lack funds in the absolute sense, but due to the structural constraints of fiscal revenue and expenditure, local governments have the impulse to develop financing platform financing. This paper tries to conclude a profit ring centered on the local government financing platform to illustrate the reasons for the rapid growth of local government financing platform.