Research On The Evaluation Of Financial Efficiency Of Higher Education In China

The evaluation of the financial efficiency of higher education has a scientific guiding role in the rational use of higher education financial funds.On October 24,2015,the State Council issued the "Notice on Printing and Distributing the Overall Plan for Promoting the Construction of World-Class Universities and First-Class Disciplines",and began to implement the important strategy of building "double first-class" universities and developing "double first-class" subjects,and adopted every five years As a method of periodic dynamic evaluation,determine "double first-class" universities and "double first-class" disciplines.In the past,the evaluation of the financial efficiency of higher education was basically a static evaluation.It is difficult to scientifically evaluate the financial efficiency of higher education in the current situation.This article attempts to use a variety of methods to scientifically evaluate China's higher education financial efficiency from a dynamic perspective through the interpretation of principles and conceptual reconstruction,and explore the driving factors for the improvement of China's higher education financial efficiency,with a view to rationalizing the improvement of China's higher education financial policy Suggest.First of all,this article expounds the two important foundations necessary for this research in terms of theoretical basis and research methods.At the theoretical level,the connotation and composition of higher education financial efficiency are expounded,and the related theories of higher education financial research,namely human capital theory,cost sharing theory,and input-output theory,are introduced to form the basis of this research.At the level of efficiency evaluation method,the methods of economic model,Farrell efficiency measurement theory,boundary model method,data envelope method,stochastic frontier model and fixed sample model are described,and their respective advantages and disadvantages are analyzed in order to The selection of research methods plays a guiding role.On this basis,the dynamics of higher education financial allocation,operation status,and investment effects were analyzed separately,and the mechanism of the dynamic evolution of higher education finance was summarized.Combined with the analysis of the impact indicators of higher education financial allocation efficiency,operation efficiency and technical efficiency,the internal correlation of higher education financial efficiency is summarized.Secondly,in order to study the impact of technological progress efficiency,regional differences,economic development stages,and college types on the financial efficiency of higher education,while avoiding the interference of students' personal qualities,scientific research costs,and college output lag,this paper selects the Ministry of Education directly Colleges and universities are used as samples to determine the indicator system in terms of human,financial and physical aspects,construct the DEA-CCR model,DEA-BBC model and DEA-Malmquist model,and use Deap2.1 software to sample data for a 10-year span from 2007 to 2016 Make calculations and analyze the results.Then choose four factors: per capita business expenditure,subject ranking,college category,and project expenditure execution ability,add the scale of running a school and the three types of education budget budget to form interactive items,and use DEA-Tobit and DEA-OLS analysis methods to empirically study advanced Drivers of the efficiency of education finance,and focus on verifying the effect of higher education finance on the efficiency of higher education finance.Thirdly,the concepts of higher education financial sustained efficiency and higher education financial transient efficiency are put forward.Based on the design of higher education financial cost function,a four-way error analysis model of higher education financial efficiency is innovatively constructed.Add a national university sample,analyze the data through Logit model regression and Translog model regression,and compare the calculation results of the subordinate sample universities with the national university sample calculation results,and propose higher education based on cost factors,transient efficiency,and continuous efficiency Financial optimization path plan.Finally,based on the previous research conclusions,it is proposed to increase the financial investment in higher education and adjust the classification structure of funds;improve the education funding allocation system and strengthen the construction of the budget system;build an integrated development of "production,education and research" and promote advanced technology;continue to strengthen the construction of college disciplines,Improve the implementation rate of project expenditure budget;improve the infrastructure construction of colleges and universities,determine the reasonable development scale of these five policy recommendations.