The Efficiency of Rural Public Finance Inputs in Promoting Rural Revitalization: Empirical Analysis Based on Henan Province, China

Chaoyang Tu, Zhenyu Chen, Yasir Habib and Zheng Peng
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Chaoyang Tu: Economics school, Sichuan Agricultural University, Chengdu, China
Zhenyu Chen: Affairs Service Center of Ecological Environment of Liaoning Province, Shenyang, China
Yasir Habib: Faculty of Economics and Social Sciences, Budapest University of Technology and Economics, Budapest, Hungary
Zheng Peng: Institute of Energy Policy and Research, Universiti Tenaga Nasional, Kajang, Malaysia

Review of Economic Assessment, 2023, vol. 2, issue 1, 73-86

Abstract: The No.1 document of the Central Government of China has been on the theme of "agriculture, rural areas and farmers" for nearly ten years, placing the solution of "agriculture, rural areas and farmers" at the forefront of the Chinese government's work. Located in the Central Plains, Henan Province in China is one of the major agricultural provinces in China and plays an extremely important role in the field of agricultural production in China. This paper uses an empirical approach and the DEA-Malquist model to study the efficiency of rural public financial inputs to rural revitalisation in Henan Province. The results show that due to different levels of regional economic development, the efficiency of rural public finance investment in Henan Province in promoting rural revitalisation varies, and there is a phenomenon of unreasonable allocation of funds. At the same time, the region's agricultural base also has a greater impact on the efficiency of financial investment. Therefore, Henan Province should adjust measures according to the different regional economic levels and agricultural bases to improve the efficiency of the use of fiscal funds.

Keywords: Agriculture; rural public finance; data envelopment approach; Malmquist model (search for similar items in EconPapers)
Date: 2023
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