The Analysis Of Effect Of Financial Science And Technology Expengditure Of Shanghai

Science and technology is the important power to promote economic growth andsocial development, and to promote the upgrading of the industrial structure. Atpresent, the world economic growth slow for the financial crisis from the internationalenvironment, and global demand structure is tend to the market, resources, technologyand so on. Developed countries have increased investment in science and technology,promoting and cultivating the new economic growth point. From domesticenvironment, our the Seventeenth Central Committee of the Communist Party ofChina once again stressed the progress of science and technology and own innovationhighly, explicitly pointed out that the important of improving the ability ofindependent innovation and building the innovative country. Shanghai is one of theareas about the nation’s economic strength and advanced science and technology.Itsdevelopment level of science and technology represents our country’s most advancedscience and technology and the development direction. At the same time, thedevelopment of Shanghai’s science and technology has a positive role in other areas.Therefore, it’s important to research the effect of Shanghai’s science and technologyfinancial spending policy.Combining with the public finance theory, financial budget management theory,economic growth theory and effect theory and so on, the paper combed the domesticand foreign financial technology spending related papers.Based on the analysis of thefinancial budget outlays and structure, using the dynamic efficiency Malmquist indexmeasure model-DEA analysis method, and establishing efficiency evaluation index offinancial technology spending, the paper evaluate efficiency of the input and output ofthe finance about four municipalities.And finally contrasting with the results of thefinancial policies implementation,we concludes that the Shanghai science andtechnology financial spending make a great progress of technical efficiency,promoting the productivity and economic growth, and promoting the upgrading of theindustrial structure of Shanghai. The results also show that, finance and technologyspending efficiency of management of Shanghai is not high.So it needs to improve theefficiency of management of the government. Finally, this paper suggests Shanghaishould establish stable expenditure mechanism, improve the management system andscience and technology policy effect of countermeasures.