Influencing factor analysis of the investment efficiency of the environmental governance: A case of Shandong Province in China

The purpose of this paper is to get hold of the main influence factors of the investment efficiency of environmental governance and control them to improve its efficiency sensitively and employ full use of the investment of environmental governance.

The assessment index system of the investment efficiency of environmental governance is built. Its investment efficiency is assessed based on data envelopment analysis (DEA). The influence degree on the efficiency between each assessment index is calculated by the grey incidence degree analysis method to find the key influence factors. The efficiency of the investment in the environmental governance can be improved by managing and controlling the key factors.

The results prove that it is available by the data of 14 cities in Shandong Province in 2008. The key influence factors of the investment efficiency of the environmental governance are: total investment in the treatment of environmental pollution (F₁); industrial soot removal (F₃); industrial wastewater meeting discharge standards (F₂); and the volume of garbage disposal (F₉).

The method exposed in the paper can be used to solve investment efficiency problem of the environmental governance of the other provinces, or other years and even other countries.

The paper succeeds in solving investment efficiency problem of the environmental governance by DEA and grey incidence degree analysis method.