The Funding Allocation Efficiency Evaluation Research Of Universities

Rational allocation of universities’ funds is objective request to strengthen the management of education resources in colleges and universities, and an important research topic to education development strategy. Study of funding allocation efficiency of universities, find out the problems in the process of education funds allocation and inputs could provide powerful basis for reasonable education management activities and methods for reference, promote the education resources in colleges and universities play the best efficiency, is of great significance.Based on the thought of capital-output elasticity, this paper analyzed the universities’ education funds investment and outputs, established an education funds allocation efficiency evaluation model which take the heterogeneity and quality of universities output into account, then directly measured the universities education funds allocation efficiencies. It reflected the essence of the migration of universities’ financial resources and the effects of the funds’ configuration. On this basis, regression analysis of the internal and external environment factors’ influence degree of the allocation efficiency was conducted by SPSS, to find out the influence factors of universities’ education funds allocation efficiency. The results shows that:(1) the China’s Subordinate Universities funds configuration situation was not significant, there was funds input redundancy while scientific research funds investment insufficient for some types of universities such as institutes of technology, agriculture and forestry universities;(2) in the analysis of allocation efficiency’s internal factors, we got that the scale of universities and marketization were significantly affect the universities’ education funds allocation efficiency, the excessive expansion of the scale of university could reduce education funds allocation efficiency and diversified financing universities would promote the scientific research funds allocation efficiency, but indebtedness would lower the allocation efficiency of teaching;(3) in the analysis of allocation efficiency’s external factors, we got that the region’s economic level and the degree of policy support were significantly affect the universities’ education funds allocation efficiency. And the higher level of cities’ economic development, the universities’ education funds allocation efficiency; the higher level of national policy support, the higher universities’ education funds allocation efficiency. Main innovation points of this article:firstly, it build universities’education funds allocation efficiency evaluation index system which contains the quality of the output characteristics; Secondly, based on the allocation efficiency of capital and the thought of capital-output elasticity,it build the education funds allocation efficiency evaluation model of universities.