Title :
Fiscal Influence Factors of Technique Efficiency for Counties of Central China: Stochastic Frontier Analysis
Author :
Jia Ruiyue ; Huang Xibing
Author_Institution :
Manage. Sch., Univ. of Sci. & Technol. of China, Hefei, China
Abstract :
Based on the panel data of 498 counties of Central China from 2000 to 2006, this paper uses a stochastic frontier approach to estimate the fluctuation of technical efficiency in this region, and empirically calculates the effect of fiscal factors influencing the technical efficiency. The empirical results show that, with the implementation of "central rise" strategy, technical efficiency of counties in Central China presents a continuous increasing trend; capital plays a leading role in the process of county economic development; Increase in revenue can obviously improve the technical efficiency, while increase in expenditure will lower the technical efficiency. Reducing the fiscal deficit and improving the utilization efficiency of the fiscal expenditure are important measures to improve the technical efficiency of county economy in Central China.
Keywords :
data envelopment analysis; econometrics; economic indicators; macroeconomics; public finance; stochastic processes; Central China county economic development; China national economy; DEA approach; capital utilization; central rise strategy; data envelopment analysis; empirical analysis; fiscal deficit reduction; fiscal expenditure utilization; fiscal influence factor; panel data; revenue increase; stochastic frontier analysis; technique efficiency fluctuation estimation; Costs; Data envelopment analysis; Educational institutions; Fluctuations; Forward contracts; International trade; Production; Research and development; Stochastic processes; Technology management;
Conference_Titel :
Management and Service Science, 2009. MASS '09. International Conference on
Conference_Location :
Wuhan
Print_ISBN :
978-1-4244-4638-4
Electronic_ISBN :
978-1-4244-4639-1
DOI :
10.1109/ICMSS.2009.5304260
