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本文利用实地调查数据、运用条件价值评估法进行成本收益分析,对农村民主化治理与公共投资效率的关系进行实证研究发现,目前农村中选举程序的规范性对公共投资效率的影响不显著,而选举的竞争性与投资效率存在较为明显的倒U型关系,即适度竞争有利于保证公共投资的较高效率,过于激烈或几乎没有竞争的选举对投资效率会存在负向影响;上级政府指定项目施工方对投资效率有负面影响,而村民的参与在一定程度上有利于投资效率的提高。
In this paper, field survey data, the use of conditional value assessment of cost-benefit analysis of the relationship between rural democratization governance and public investment efficiency empirical study found that the current normative election process in rural public investment efficiency is not significant, and There is a clear inverted U-shaped relationship between the competitiveness of the election and the investment efficiency. That is, the moderate competition helps to ensure the high efficiency of public investment. The over-intense or almost non-competitive election will have a negative impact on the investment efficiency. The construction side has a negative impact on investment efficiency, while the participation of villagers will be conducive to the improvement of investment efficiency to a certain extent.