Research on the Performance Evaluation of Public Investment in Rural Areas Based on DEA Network Model

Abstract

With the accelerated process of industrialization and urbanization, traditional agriculture begins to transform to modern agricultural mode. In order to develop modern agriculture, it is not only to reform the existing economic system, but also to increase public investment in rural areas, to create a good economic environment for agricultural development. In this paper, the author analyzes the performance of public investment in rural areas by using DEA network model, the data was selected from 25 provinces. Based on the empirical analysis, the result shows that the efficiency of rural public investment is low, and the difference between regions is obvious. By constructing the SFA model, we find that the technical efficiency and scale efficiency has been significantly improved after adjust initial input amount. Therefore, the government should increase the rural public investment, and pay attention to the efficiency of the funds use.