Research On The Performance Evaluation Of Local Government Financial Investments In Science And Technology

The local government financial investment in science and technology is the key factor for putting the thoughts of public finance into practice, for rationalizing grass-roots government functions, for improving the levels of technology and economic . Solving the problem of performance evaluation which existed in local government financial investment in science and technology is very important for the sustained, rapid and healthy development of regional economy.This paper analyzes the characteristics and difficulties of the existing local government financial investment in science. Local government financial investment in science and technology is territorial job with obvious public, indirect and slack characteristics. Just because of such traits, it's difficult to calculate external performance, or improve hysteretic of economic and social effectiveness. Based on which to build up the Performance Evaluation Indicator System of municipal financial investment on the basis of financial investment in science and technology, direct economic benefits from the activities of science and technology, direct outcomes of science and technology and social benefits. Data envelopment analysis is used in the performance local government financial investment in science and technology.Finally, take the input and output data of Shanghai financial investment in science and technology from1995 to 2007 as the example. And make a performance evaluation to the financial investment of shanghai .To find the problems, reasons and the ways to solve the problem according to the evaluations results of the indicator system and DEA performance evaluations. Finding out the causes and solutions of the problems is the aim of this paper. The results of Shanghai example prove that the paper's evaluation indicator system and method are practical.