Efficiency differences of government investment projects: an application of a DEA and Tobit analysis
by Yunna Wu; Xinli Xiao; Zongyun Song
International Journal of Technology, Policy and Management (IJTPM), Vol. 17, No. 1, 2017

Abstract: Previous studies have evaluated the investment efficiency of the government from a macro perspective, but few studies focus on specific projects with government investment. Therefore, this paper presents a method that combines data envelopment analysis and Tobit regression, which highlights the sources of funds, social benefits and influencing factors. It concludes that the overall efficiency of government investment projects (GIPs) is very high, but the excessive input and insufficient output are widespread and big improvement spaces exist; the public requirements rank first of all the influencing factors. This paper can provide references to guide the GIPs to gradually obtain better investment efficiencies.

Online publication date: Fri, 21-Apr-2017

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