Research on Development Efficiency of Circular Economy of Silk Road Economic Belt: Based on Super Efficiency DEA Model

Abstract

With the rapid development of economy and the increasing problems of resource consumption and environmental pollution, circular economy has been recognized as a new way to promote the development of economy, society, ecology and harmony. DEA is a nonparametric efficiency evaluation method. The super efficiency DEA model was used to measure the circular economy development efficiency of nine provinces and cities along the western Silk Road Economic Belt during 2016-2020. Results prove that there is a big difference in circular economy efficiency among regions along the belt. The DEA average efficiency of Shaanxi, Chongqing, Xinjiang, Yunnan and Guangxi are all effective, while the DEA of Ningxia, Gansu, Qinghai and Sichuan is non-effective. The DEA of Ningxia and Sichuan is limited by the development scale. The results also show that Xinjiang, Gansu and Qinghai have input redundancy and output insufficiency to a certain extent. Based on the empirical results, suggestions on how to improve the efficiency of circular economy along the Silk Road Economic Belt are put forward.