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The evaluation of financial expenditure on public cultural services in Central China

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DOI: 10.23977/icidel.2018.031

Author(s)

Siyu Liu, Xiyu Liu

Corresponding Author

Xiyu Liu

ABSTRACT

Based on the panel data of six provinces in central China from 2013 to 2017, this paper uses the DEA-Tobit two-step method to measure the efficiency of financial expenditures on public cultural services in six provinces in the central region, and analyzes the factors affecting the efficiency of financial expenditure on cultural services. First, non-parametric data envelopment analysis (DEA) was used to evaluate the efficiency of public cultural expenditures in the central region. In the second phase, a restricted-independent variable regression model (Tobit) was used to achieve an empirical study on the efficiency of consumption and its influencing factors. The study found that the overall level of efficiency of financial expenditures for public cultural services of local governments in the central region is low, and there are significant differences, with uneven efficiency. The per capita GDP, fiscal expenditure structure, government size, population density, cultural policies and education level of residents, economic and social factors are important reasons for this difference in efficiency. Therefore, based on theoretical exploration and empirical results, we finally discussed measures to improve the efficiency of local fiscal public cultural service expenditures in Central China, and put forward countermeasures for the effective provision of public cultural service.

KEYWORDS

Public cultural services, Expenditure efficiency, Equalization, Influencing factors

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