부산대학교 도서관

Based on 7 years statistical data-from 1997 to 2003, this paper uses the Data Envelopment Analysis (DEA) method to evaluate the efficiency of local governments' attracting-FDI policies in China. We compare the efficiency among thirty-one provinces/cities and among three great regions-the East, the West, and the Middle. We find that (1) for technical efficiency over 7 years, the successful provinces/cities are: Hainan, Gaungtung, Peking, Fujian, Chiangsu, Zhejiang, Tianjin, and Shanghai. The most inefficient provinces/cities are: Gansu, Inner Mongolia, Xinjiang, Qinghai, and Guizhou. (2) The overall efficiency of FDI attraction policies in China has been in progress since 1999. When we compare 3 great regions, we find that the East leads both the West and the Middle. Moreover, the efficiency gap between the East and the other two has been growing primarily due to the scale inefficiency of the latter. (3) The Tobit regression model shows that the geometric location, ratio of high level labor forces, and the FDI from ethnic Chinese significantly affects the efficiency of attracting-FDI policies in thirty-one local governments.