Measurement of Fiscal Expenditure, Scientific and Technological Innovation and High-quality Economic Development in China

Zejiong Zhou; Daqian Liu

doi:10.54097/ijeh.v2i3.342

Authors

Zejiong Zhou
Daqian Liu

DOI:

https://doi.org/10.54097/ijeh.v2i3.342

Keywords:

Financial expenditure, Scientific and technological innovation, High quality economic development, Malmquist index.

Abstract

This paper measures the provincial high-quality economic development index, financial expenditure level and scientific and technological innovation level from 2011 to 2020. Firstly, measure the level of fiscal expenditure from two aspects: scale and structure; Secondly, Malmquist index is used to measure the input-output efficiency of scientific and technological innovation, and to measure the level of scientific and technological innovation; Finally, based on the principal component analysis, under the guidance of the new development concept, this paper constructs a comprehensive index system, and measures the comprehensive index of high-quality economic development

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