Research on Service Efficiency Measurement of Pension Institutions in China—Empirical Analysis Based on the Three-stage DEA Model and Malmquist Index
Scientific evaluation on the service efficiency of pension institutions is important for optimizing the allocation of pension resources and improving the construction of pension service system.Taking twenty-nine prov-inces or municipalities or autonomous regions in China as the research objects,the researchers use the three-stage DEA model and Malmquist index to conduct analysis on the static and dynamic service efficiency measurement of pension institutions with the data from China Civil Affairs Statistical Yearbook and China Statistical Yearbook in 2018-2022.The result shows that the service efficiency of pension institutions has been improving year by year,but there is still room for improvement.Meanwhile,the average value of comprehensive technical efficiency affected by external environmental factors decreases from 0.794 to 0.726,and technological progress becomes the key factor restricting the service efficiency of pension institutions.Therefore,this research finally suggests that pension institu-tions should focus on technological progress for development,adjust the scale of production,give attention to envi-ronmental factors,and implement differentiated efficiency improvement strategies to improve service efficiency.
pension institutionefficiency measurementthree-stage DEA modelMalmquist index