Analysis of regional differences in government funding performance in higher education – A case study of China

  • 818 Views
  • 296 Downloads

Creative Commons License
This work is licensed under a Creative Commons Attribution 4.0 International License

In recent years, although the total funding for higher education by the Chinese government has been increasing year by year, there are still some problems, such as the unreasonable allocation of regional resources and poor funding efficiency. Therefore, it is necessary to evaluate the performance management and analyze government funding in higher education (GFHE). Based on the data envelopment analysis (DEA) model, this paper evaluates the performance of GFHE in 29 provinces in eastern, central, and western areas of China. An empirical analysis is conducted on the influencing factors using the panel Tobit regression model. The results show that from 2008 to 2020, GFHE performance in China is generally high, but offers a “W-shaped” fluctuation rising state. There are significant differences in the performance of different areas, and the scale level of GFHE in the three areas is not wholly consistent with the performance level. In further studies, the performance level of the 29 provinces is divided into three degrees, which are distributed in all three areas. The study also found that the influencing factors of GFHE performance in central, eastern, and western China are also different, and analyzed the positive and negative effects of influencing factors in each area. Finally, the study tests the theoretical hypothesis, and the results are robust.

view full abstract hide full abstract
    • Figure 1. Average GFHE scale of each area in China by province (100 million yuan/RMB)
    • Figure 2. Change trend of government funding efficiency (funding efficiency refers to DMU efficiency, which is between 0-1) in higher education in China
    • Table 1. Average performance of government funding in higher education of each province from 2008 to 2020
    • Table 2. Types of government funding performance in higher education in China
    • Table 3. Chinese GFHE performance from 2008 to 2020 (comprehensive efficiency)
    • Table 4. The influence factors of GFHE performance in the whole country and the eastern, central, and western areas
    • Conceptualization
      Yanjun Fu, Mykhaylo Heyenko
    • Data curation
      Yanjun Fu, Mykhaylo Heyenko
    • Formal Analysis
      Yanjun Fu, Mykhaylo Heyenko
    • Investigation
      Yanjun Fu
    • Methodology
      Yanjun Fu
    • Resources
      Yanjun Fu
    • Validation
      Yanjun Fu
    • Writing – original draft
      Yanjun Fu
    • Writing – review & editing
      Yanjun Fu
    • Project administration
      Mykhaylo Heyenko
    • Supervision
      Mykhaylo Heyenko
Related Articles

  • Evaluating the nationalization & privatization effect: a case of Indian banking industry

    Manju Rajan BabuORCID , Ashok Kumar M.ORCID doi: http://dx.doi.org/10.21511/bbs.13(1).2018.02
    Banks and Bank Systems Volume 13, 2018         Issue #1         pp. 11-21 Views: 2869 Downloads: 403 TO CITE АНОТАЦІЯ

    The facilitation of economic transactions and friendly investor environment is undertaken through effective performance of financial systems. Mobilization of savings and funding the profitable business opportunities are essential in improving the efficiency of intermediation. The study aims to evaluate the effects of nationalization and privatization on Indian banks. Various factors have been considered to examine the effects of privatization and nationalization, including sources of public sector inefficiency, measures of firm performance, econometric issues, and the mode of privatization. The data was collected for the period of 1998 to 2016 from Indian banks. Data Envelopment Analysis (DEA) was used to evaluate the financial reports of the banks selected to evaluate the efficiency of input and output variables. Positive results were observed, concerning the efficiency and profitability of banking industry after banks’ privatization. Performance of private banks has been observed effective and efficient as compared to the public sector banks. Privatization of banks must be increased and maintained to sustain the efficiency of the banks and implement strategies to maintain the assets. Future studies may recruit more appropriate sample size to evaluate the privatization and nationalization effects of Indian banking industry. Greater number of banks will provide more precise results, using data envelopment analysis.

  • A model for analyzing the financial stability of banks in the VUCA-world conditions

    Svitlana KhalaturORCID Researcher ID, Liudmyla VelychkoORCID Researcher ID, Olena PavlenkoORCID , Oleksandr KaramushkaORCID , Mariia Huba doi: http://dx.doi.org/10.21511/bbs.16(1).2021.16
    Banks and Bank Systems Volume 16, 2021          Issue #1         pp. 182-194 Views: 2306 Downloads: 575 TO CITE АНОТАЦІЯ

    VUСA is a chaotic and rapidly changing business environment that, based on the variability, uncertainty, complexity and ambiguity of the modern world, transforms the approach of banks to the analysis of financial stability. The aim of the paper is to improve tools for monitoring the impact of VUCA-world conditions on the financial stability of banks, namely a model for studying and analyzing the impact of the modern business space “VUCA” on the financial stability of the country's banks. To test the model, the method of constructing regression equations in multifactor regression analysis is used. For this study, data from some Eastern European countries (Ukraine, Belarus, Latvia, Lithuania, Moldova) were used, and time series data were used for 10 years from 2010 to 2019.
    Having considered the definition of “VUCA-world conditions”, the model of modern business space “VUCA” was developed when analyzing the activity of banks in the studied countries. Drivers, consequences, requirements and macroeconomic indicators of the countries’ activities in the VUСA-world conditions are determined. The VUCA-world conditions also consider the study of key macroeconomic indicators that allow building long-term relationships throughout the value chain. The analysis of the studied Eastern European countries showed that with the increase of factors of GDP growth, GNI per capita growth, research and development costs, foreign direct investment, and net inflow of 1%, the effective ratio of bank capital and assets also increases. The assessment, in contrast to the existing ones, makes it possible to consider the impact of the macroeconomic environment of banks on their financial stability.

  • Measuring the inclusiveness of international financing to tourism in Latin America and the Caribbean

    Isabel Carrillo-HidalgoORCID , Juan Ignacio Pulido-FernándezORCID doi: http://dx.doi.org/10.21511/imfi.15(3).2018.02
    Investment Management and Financial Innovations Volume 15, 2018         Issue #3         pp. 15-34 Views: 2191 Downloads: 210 TO CITE АНОТАЦІЯ

    Globally, tourism has been identified as a means of poverty reduction and development, and as a means of encouragement of females, minorities and small businesses to better engage in the mainstream of economic life. This paper examines whether the international and governmental financial support, grated by international financial institutions, is effectively achieving these aims in Latin America and the Caribbean. A series of indices are established in the paper that assess the extent to which such funding includes non-corporate enterprise while also considering the volume and nature of such funding. It is concluded that the goals of inclusiveness are not being met.

Download Preview
Close
Investment Management and Financial Innovations
Investment Management and Financial Innovations