Research on Allocation Efficiency of Higher Education Resources in China

Abstract

Education has the purpose of serving economic and social development, and the efficiency of resource allocation in the higher education system has become an important factor affecting the quality of economic development. Based on the panel data of China's higher education from 2014 to 2023, the adoption of data envelopment analysis (DEA) model was used to evaluate the efficiency of China's higher education resource allocation. The evaluation results show that China's higher education resource allocation efficiency has not reached the effective state of DEA, but the overall level is high; there are certain differences in the higher education resource allocation efficiency in different regions; the negative growth of China's higher education resource allocation efficiency is obvious, and technological progress is the main factor hindering the improvement of total factor production efficiency. Therefore, based on the relevant policies, this paper puts forward rationalization suggestions for the improvement of the allocation efficiency of higher education resources in China from the perspectives of human, financial and material resources.