Open Access Journal Article

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

by Chaoyang Tu a ,  Zhenyu Chen b,* ,  Yasir Habib c  and  Zheng Peng d
a
Economics school, Sichuan Agricultural University, Chengdu, China
b
Affairs Service Center of Ecological Environment of Liaoning Province, Shenyang, China
c
Faculty of Economics and Social Sciences, Budapest University of Technology and Economics, Budapest, Hungary
d
Institute of Energy Policy and Research, Universiti Tenaga Nasional, Kajang, Malaysia
*
Author to whom correspondence should be addressed.
REA  2023 2(1):10; https://doi.org/10.58567/rea02010005
Received: 8 February 2023 / Accepted: 30 March 2023 / Published Online: 23 April 2023
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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;
Copyright: © 2023 by Tu, Chen, Habib and Peng. This is an open-access article distributed under the terms of the Creative Commons Attribution License (CC BY) (Creative Commons Attribution 4.0 International License). The use, distribution or reproduction in other forums is permitted, provided the original author(s) or licensor are credited and that the original publication in this journal is cited, in accordance with accepted academic practice. No use, distribution or reproduction is permitted which does not comply with these terms.
Cite This Paper
APA Style
Tu, C., Chen, Z., Habib, Y., & Peng, Z. (2023). The Efficiency of Rural Public Finance Inputs in Promoting Rural Revitalization: Empirical Analysis Based on Henan Province, China. Review of Economic Assessment, 2(1), 10. doi:10.58567/rea02010005
ACS Style
Tu, C.; Chen, Z.; Habib, Y.; Peng, Z. The Efficiency of Rural Public Finance Inputs in Promoting Rural Revitalization: Empirical Analysis Based on Henan Province, China. Review of Economic Assessment, 2023, 2, 10. doi:10.58567/rea02010005
AMA Style
Tu C, Chen Z, Habib Y et al.. The Efficiency of Rural Public Finance Inputs in Promoting Rural Revitalization: Empirical Analysis Based on Henan Province, China. Review of Economic Assessment; 2023, 2(1):10. doi:10.58567/rea02010005
Chicago/Turabian Style
Tu, Chaoyang; Chen, Zhenyu; Habib, Yasir; Peng, Zheng 2023. "The Efficiency of Rural Public Finance Inputs in Promoting Rural Revitalization: Empirical Analysis Based on Henan Province, China" Review of Economic Assessment 2, no.1:10. doi:10.58567/rea02010005