Using the high efficiency method in evaluating investment expenditures for the service and productive economic sectors in Iraq for the period (2014-2021)
Abstract
The research aims to analyze the annual developments of the structure of public expenditures for the economic sectors in Iraq for the period (2014-2021) by applying the data envelope analysis model in determining the efficiency of optimal investment expenditures by relying on the method of high efficiency, which reduces the proportion of investment expenditures for the economic sectors for the same period. The results of the mathematical side showed that it is noted from the results in the tables for the period (2014-2021) that it recorded the lowest average high efficiency of investment expenditures during the research period, although the economic sectors in question achieved high efficiency for six sectors out of seven in each fiscal year and that the agricultural sector achieved the lowest A high efficiency rate of (8.25%), It also recorded the highest average super efficiency during the research period, which amounted to (56946.43%) in the year (2021), although there was one sector that did not achieve super efficiency from the economic sectors for the same year, and that the transport and communication sector achieved the highest super efficiency rate, amounting to (342825.69%), it was found One of the results of the tables is that all the economic sectors under study have achieved superior efficiency in reducing the percentage of planned investment expenditures within the state's general budget, except for one sector in each fiscal year, which proves the research hypothesis.
The research concluded with a set of recommendations, the most important of which were: The imbalance in the productive structure should be addressed in order to achieve an increase in the contribution of other non-oil sectors to the gross domestic product and total exports, and to reduce the risks resulting from dependence on the revenue of one source. Adopting a financial policy based on studies and scientific research when determining investment expenditures. As it contributes to achieving financial sustainability by searching for alternative sources of public revenues in the event of economic crises, Therefore, decisions must be taken that do not affect those with limited incomes, and this is done by imposing progressive taxes on those with high incomes, paying attention to the service sector, especially the sectors of infrastructure, health, education, transportation and communications, as they affect the aspect of human development and contribute to creating the appropriate environment for increasing public and private investments.