A Research of Fiscal Expenditure Efficiency Under the Guidance of Targeted Measures in Poverty Alleviation: Enshi in Hubei Province as an Example

Since the implementation of reform and opening up ， China's implementation of the poverty alleviation policy has let more than 600 million people out of poverty, but the problem of poverty still cannot be ignored. With the constant implementation and advancement of the poverty relief policy in our country, the reform of the financial system has been deepened, and the fiscal expenditure has become a necessary way for the government to carry out targeted poverty alleviation. In this paper, targeted poverty alleviation oriented fiscal expenditure is taken as the breakthrough point. Based on the data of 8 poverty counties in Enshi, Hubei, this paper makes an empirical study by establishing panel data model. The analysis concludes that the expenditure of education in fiscal expenditure has the most significant effect on the per capita disposable income of rural residents, with the maximum elastic coefficient value. The positive effects of the two items of social security and employment expenditure and medical expenditure are smaller than those of education expenditure, while the expenditure of agriculture, forestry and water affairs has a negative effect on increasing disposable income.