Research On Efficiency Evaluation Of Provincial Government Investment Based On SE-DEA Method

The efficiency of government investment is the effectiveness of investment behavior government utilize the limited resources to improve the regional economy and people living level, and is an important indicator to measure the performance of the local government.Establishing a targeted, scientific evaluating indicator system about the efficiency of government investment, is a core problem that has respect to the raising resource utilization effect and promoting the guiding effect of the region economy development made by the local government.The main work of this thesis:(1) To filter the evaluating indicator reflecting the efficiency of government investment by scanning the related indicators appearing in high frequency in related classical papers, combining with the principle comprehensive and coordinated development of economy and society. (2) To determine the weight of social output indicator by the G1 method, basing on the importance precedence made by the experts, and builds the indicator system of the evaluating indicator system about the efficiency of government investment. (3) To calculate the relative efficiency of government investment by the super-efficiency DEA method, and make the precedence table. (4) To identify the influencing factors of government investment efficiency by the Tobit regression model, and make the suggestion about the improving of the efficiency of government investment.The key features and innovations of this paper:(1) According to the rule of comprehensive and coordinated development of the economy and the society, this paper constructed an index system to evaluate the efficiency of government investment, considering both the economical efficiency and the social efficiency.(2)It employed the super-efficiency DEA method to assess the relative efficiency of the government investment, which effectively distinguished the efficiency among provincial and regional government investments.(3)Based on the Tobit regression model, the paper identified the factors that affect the government investment, quantitatively analyzed the reason why the government investment efficiency differs among different provincial and regional government.