Evaluation of Urban Infrastructure Investment Efficiency in Shandong Province

摘要

In the 13th five-year plan of Shandong Province, it is proposed that to follow the objective law of urbanization development and accelerate the construction of urban agglomeration, the investment efficiency of urban infrastructure is directly related to regional economic development and social progress, and plays an important role in the quality of residents' life. Based on the DEA (data envelopment analysis) and Malmquist index, this paper studies the investment efficiency of urban infrastructure in 17 prefecture-level cities in Shandong Province from 2006 to 2015. The results show that the investment efficiency of urban infrastructure investment in Shandong Province has been developing well in the past 10 years. The driving force of growth mainly comes from technological progress, while comprehensive technical efficiency and scale efficiency growth are small. Therefore, in order to improve the efficiency of urban infrastructure investment, the government should make scientific decisions and continue to improve the level of technological innovation of the infrastructure, enhance the management level and maintenance level of the infrastructure, allocate resources reasonably and realize the scale effect of infrastructure investment.