China's Housing Provident Fund Use Efficiency

Efficiency is an important proposition that any organization must pay attention to if it wants to exist for a long time and have continuous development.The same is true for housing provident fund.At the beginning of the establishment,China's housing provident fund housing security attributes more strong,to improve the efficiency of the lack of understanding.With the deepening of the reform,the issue of enhancing the efficiency of providing provident funds has gradually been put on the agenda.Such as the reform of the deposit system and the realization of capital preservation and appreciation,the purpose is to make the provident fund to better protect the living rights of urban residents.Therefore,this paper takes the efficiency of housing provident fund as the entry point.Based on the perspective of input-output,the paper analyzes the collection and use of provident fund.By using the CCR model in DEA method and the super efficiency CCR model,the housing provident fund data of 35 large and medium-sized cities in China from 2014 to 2016 are selected.Take housing provident fund deposit amount and deposit amount as input index,taking housing fund withdrawal amount,loan amount and value-added income as output indicators.The utilization efficiency of China's housing accumulation fund is analyzed,the conclusions are as follows:(1)Overall,taking the CPF data of 35 large and medium-sized cities as samples,we can see that the average technical efficiency of the three years is 0.974,0.981 and 0.978,respectively,which is not valid for DEA.To judge the national CPF use efficiency is not the best,but the efficiency level is good.(2)From the regional point of view:The efficiency of using CPF in the eastern cities is at the leading level in China,which is generally higher than that in the central and western regions.The efficiency of provident fund shows a pattern of decreasing eastward to central and western regions.Due to the rapid development in central and western regions in recent years,the management level of CPF is catching up.Some cities have basically used the efficiency of provident funds to catch up with the eastern region.(3)From the input and output indicators:output,the general lack of personal loans personal fund.Input,input redundancy is ubiquitous in the country.Among the five input indicators,the maximum of four is the eastern city,showing that there is a certain amount of waste of resources in the eastern city's CPF investment.Based on the above conclusions,to improve the efficiency of China's housing provident fund,we need to propose improvements.This paper attempts to provide policy suggestions on how to improve the efficiency of provident fund from the aspects of collection and use of provident fund.