An Econometric Look at Inefficiency Among U.S. States, 1977-1986

Brock, Gregory J.

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An Econometric Look at Inefficiency Among U.S. States, 1977-1986

Review of Regional Studies, Vol. 31, No. 1, pp. 95-107, 2001

14 Pages Posted: 2 May 2011 Last revised: 27 Jan 2015

See all articles by Gregory J. Brock

Gregory J. Brock

Georgia Southern University - Department of Economics

Date Written: May 1, 2001

Abstract

U.S. states during the 1977-1986 business cycle are found to have small but significant technical inefficiency in the private sector. Inefficiency is influenced by several factors, including prior economic performance, location, Hick labor augmenting technical progress in the manufacturing sector in an earlier 1970s period, college graduation and income inequality.

Keywords: Inefficiency, US states, stochastic frontier

Suggested Citation: Suggested Citation

Brock, Gregory, An Econometric Look at Inefficiency Among U.S. States, 1977-1986 (May 1, 2001). Review of Regional Studies, Vol. 31, No. 1, pp. 95-107, 2001, Available at SSRN: https://ssrn.com/abstract=1829266