East Asian Journal of Business Economics (EAJBE) (동아시아경상학회지)

East Asia Business Economics Association (동아시아경상학회)
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Efficiency Analysis of Social Security Expenditure in 31 Provinces and Autonomous Regions in China

  • ZHOU, Lin-Lin (School of Business, Huaihua University) ;
  • KIM, Hyung-Ho (Department of Air Transport and Logistics, Sehan University)
  • Received : 2020.12.04
  • Accepted : 2021.02.15
  • Published : 2021.06.30
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Abstract

Purpose - The purpose of this study is to measure the efficiency of social security expenditure in 31 provinces, cities and autonomous regions in China and proposes corresponding improvement plans. Research design, data, and methodology - The data were obtained from the statistical yearbook of each province. The BCC and CCR models of DEA model and Malmquist index are used to analyze the efficiency, and the input-output index is expanded. Result - The results show that the social security performance of the Chinese government has improved on the whole despite the unbalanced development in different regions. Each region should look for strategies to improve the efficiency of social security according to its own problems. The study suggests that provinces affected by TCI should improve their internal environment, such as raising social security fund structure and strengthening fund supervision, to improve efficiency. Areas affected by TECI need to be more responsive to policy, socio-economic and technological development. Conclusion - The research conclusion can provide reference for Chinese provinces to improve the efficiency of social security expenditure in the future. This study is not comprehensive enough in the selection of input-output indicators, which can be further expanded in the future.

Keywords

Acknowledgement

This study was supported by the Sehan University Research fund in 2021.

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