试论地方预算调控作用的乘数效应崔满红地方预算是地方财政政策的主要手段，与其他调节手段相比较，具有综合性、计划性和法制性等显著特征，在国民经济宏观调控中发挥着重要的作用。（一）两个基本前提。在进入正题之前，我们首先讨论两个基本前提。一是消费和投资水平决... On the Multiplier Effect of Local Budget Regulation and Control Cui Man-hong Local budget is the main means of local fiscal policy. Compared with other adjustment methods, Cui Man-hong local budget has the prominent features of comprehensiveness, planning and legal system and plays an important role in the macro-control of national economy Role. (A) of the two basic premises. Before going into the subject, let us first discuss two basic premises. First, the level of consumption and investment decisions ...