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基于DEA方法的地方政府性债务支出效率研究 = Studies on Local Government Debt Expenditure Efficiency Based on DEA Model / 金荣学; 胡智煜.
// Journal of Huazhong normal University. Vol.54, No.4(2015) 2015.40-46 p. This paper studies Chinese local government debt expenditure efficiency from the perspective of public sector and under the two-stage analysis framework of DEATobit.Through Date Envelopment Analysis(DEA)it measures the technical efficiency from CRS DEA,technical efficiency from VRS DEA and scale efficiency.On this basis,it uses a limited dependent variable model-Tobit to do empirical research on the relationship between the efficiency score and its influence factors.The research shows that,the overall efficiency of Chinese local government debt expenditure is high,however the efficiency scores are quite different among local governments.The GDP growth rate,population density,urbanization rate and invest rate are the important causes of the discrepancy.
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