The Efficiency Research On Fiscal Expenditure For Education In China

In recent years, the total amount of annual public expenditure on education increases substantially, but to some degree, it also exist the problem of irrational allocation of resources, ineffective input, financial losses and waste, the low efficiency of capital use and other issues. The mainly reason is the lack of effective financial performance management, not to establish an efficiency financial performance evaluation. The paper attempts to construct the financial performance of public expenditure on education evaluation system that accords to the Chinese realities, to make it operational and practical. The system can make reasonable use of public expenditure on education more efficiency, so that public expenditure on education in the promotion of social equity and economic development play a more effective role.The main frame of the paper is to study financial performance of public education spending comprehensively using the method of theoretical analysis, empirical analysis and policy analysis. Paper first analyzes the financial performance of public expenditure on education theory, then discusses the basic framework for evaluating financial performance, including performance evaluation of public expenditure on education principles, index system, evaluation standards. The third part of paper analyzes the effect of public expenditure to promote economic development, income distribution and rational allocation of resources itself in the way of empirical assessment. The fourth part of the paper from the scale of public expenditure on education, structure, efficiency, management and other aspects relates the financial performance of low public expenditure on education reasons. Finally in order to improve the financial performance on public education spending, the paper makes policy recommendations.About research methods, the paper uses specification analysis and empirical analysis to demonstrate the necessity of financial performance of public expenditure on education research and financial performance of public expenditure on education for quantitative evaluation; the paper also uses comparative analysis and AHP to improve the financial performance of public expenditure on education policy recommendations.The innovation of the paper is the use of econometric model to analyze public education expenditure on the financial performance. First of all, it uses the state budget expenditure on education as the main analysis of indicators, the scale of changes in public expenditure on education can affect economic growth, quantitative analysis of this issue, come to public education spending and economic growth in the number of relations, that public expenditure on education increased by 1 unit, GDP increase of 1.0014 units. About public education spending for the impact of income distribution, it establishes measurement model of population educational attainment and personal income. quantitative analysis of the educational level and personal income for residents.