Empirical Study of Urbanization Investment Efficiency—Taking Guizhou Province as an Example
Abstract: The study of urbanization investment efficiency will help improve the investment efficiency and the investment level of urbanization. In this paper, the incremental capital-output ratio (ICOR) is used to empirically analyze the temporal trends of urbanization investment efficiency of Guizhou Province. The Data Envelopment Analysis (DEA) method and the Malmquist index are used to em-pirically analyze the industry differences of urbanization investment efficiency in Guizhou Province. The empirical results show that, seen from the temporal trends, before 2008, the urbanization investment efficiency of Guizhou Province was higher; after 2008, the urbanization investment efficiency of Guizhou Province began to decrease, and especially in 2009 and 2013, the investment efficiency was the lowest. Seen from the industry differences, the urbanization investment efficiency of Guizhou Province is improved in the sample period, and the average annual growth rate is 2.88%. However, the technical level in the sample interval is reduced, which hinders the improvement of urbanization investment efficiency. Therefore, the improvement of urbanization investment efficiency of Guizhou Province is mainly due to technical efficiencies.
文章引用: 李成刚 , 傅亚平 , 马绍东 , 罗 洎 (2015) 城镇化建设投资效率实证研究—以贵州省为例。 财富涌现与流转， 5， 1-9. doi: 10.12677/ETW.2015.51001
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