Proceedings of the 4th International Conference on Economic Management and Model Engineering, ICEMME 2022, November 18-20, 2022, Nanjing, China

Research Article

Economic Stimulus and Fiscal Revenue based on the DEA-HEM: Evidence from China

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  • @INPROCEEDINGS{10.4108/eai.18-11-2022.2326906,
        author={Yufeng  Shi and Wei  Wei},
        title={Economic Stimulus and Fiscal Revenue based on the DEA-HEM: Evidence from China},
        proceedings={Proceedings of the 4th International Conference on Economic Management and Model Engineering, ICEMME 2022, November 18-20, 2022, Nanjing, China},
        publisher={EAI},
        proceedings_a={ICEMME},
        year={2023},
        month={2},
        keywords={fiscal revenue; urban economy; high-quality development},
        doi={10.4108/eai.18-11-2022.2326906}
    }
    
  • Yufeng Shi
    Wei Wei
    Year: 2023
    Economic Stimulus and Fiscal Revenue based on the DEA-HEM: Evidence from China
    ICEMME
    EAI
    DOI: 10.4108/eai.18-11-2022.2326906
Yufeng Shi1,*, Wei Wei2
  • 1: School of Yueshang/MBA, Guangdong University of Finance & Economics
  • 2: Institute of Talent Evaluation and Development in Greater Bay Area, Guangdong University of Finance & Economics
*Contact email: syf_nm@126.com

Abstract

In order to effectively identify the high-quality level and clarify the sustainable development potential of China's urban fiscal revenue, this paper builds a High-quality Evaluation Model (HEM) based on the classic DEA. This model overcomes the “data smoothness” requirement of the DEA, settles the problem of quantitative evaluation of multiple objectives from a dynamic multi-dimensional perspective. Then, the consumption, investment, export, and fiscal revenue data from 21 cities in Guangdong province from 2012 to 2019 were imported into HEM for numerical determination. Empirical results: If the above 21 cities are taken the same scale of consumption, investment, export stimulus measures, Shaoguan, Shenzhen, Yangjiang obtain better performance of fiscal revenue. The result indicates that the above three cities are high-quality in fiscal revenue. Conclusion: During the ongoing global epidemic, the government should give priority to stimulating Shaoguan, Shenzhen, Yangjiang in order to obtain higher fiscal revenue. The research results are of practical significance to guide the government to implement the correct policies and effectively promote fiscal recovery.