IDEAS home Printed from https://ideas.repec.org/a/bla/jregsc/v41y2001i1p75-96.html
   My bibliography  Save this article

Technical Inefficiency and Public Capital in U.S. States: A Stochastic Frontier Approach

Author

Listed:
  • Jaume Puig-Junoy

Abstract

This paper estimates a translog stochastic frontier production function in the analysis of all 48 contiguous U.S. states in the period 1970-1983, to attempt to measure and explain changes in technical efficiency. The model allows technical inefficiency to vary over time, and inefficiency effects to be a function of a set of explanatory variables in which the level and composition of public capital plays an important role. Results indicate that U.S. state inefficiency levels are significantly and positively correlated with the ratio of public capital to private capital. The proportion of public capital devoted to highways is negatively correlated with technical inefficiency, suggesting that not only the level but also the composition of public capital influences state efficiency. Copyright 2001 BlackwellPublishers

Suggested Citation

  • Jaume Puig-Junoy, 2001. "Technical Inefficiency and Public Capital in U.S. States: A Stochastic Frontier Approach," Journal of Regional Science, Wiley Blackwell, vol. 41(1), pages 75-96.
  • Handle: RePEc:bla:jregsc:v:41:y:2001:i:1:p:75-96
    as

    Download full text from publisher

    File URL: http://www.blackwell-synergy.com/doi/abs/10.1111/0022-4146.00208
    File Function: link to full text
    Download Restriction: Access to full text is restricted to subscribers.

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Torrisi, Gianpiero, 2009. "Infrastructures and economic performance: a critical comparison across four approaches," MPRA Paper 18688, University Library of Munich, Germany.
    2. Gregory Brock & Constantin Ogloblin, 2014. "Another look at technical efficiency in American states, 1979–2000," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 53(2), pages 577-590, September.
    3. Castaño, Elkin & Gallon, Santiago, 2016. "A solution for multicollinearity in stochastic frontier production function models," REVISTA LECTURAS DE ECONOMÍA, UNIVERSIDAD DE ANTIOQUIA - CIE, issue 86, pages 9-23, December.
    4. Heru Margono & Subhash Sharma & Kevin Sylwester & Usama Al-Qalawi, 2009. "Technical efficiency and productivity analysis in Indonesian provincial economies," Applied Economics, Taylor & Francis Journals, vol. 43(6), pages 663-672.
    5. Alvarez, Antonio & del Corral, Julio, 2006. "Modeling Regional Heterogeneity with Panel Data: Application to Spanish Provinces," Efficiency Series Papers 2006/06, University of Oviedo, Department of Economics, Oviedo Efficiency Group (OEG).
    6. Álvarez, Antonio & Garduño, Rafael & Núñez, Héctor, 2016. "Modelling the effect of crime on economic activity: The case of Mexican states," Efficiency Series Papers 2016/01, University of Oviedo, Department of Economics, Oviedo Efficiency Group (OEG).
    7. Pedro Macedo & Elvira Silva, 2010. "A stochastic production frontier model with a translog specification using the generalized maximum entropy estimator," Economics Bulletin, AccessEcon, vol. 30(1), pages 587-596.
    8. Aldaz, Natalia & Millán, Joaquín, 2005. "An Inter-Country Comparison of Agricultural Productivity with Intertemporal DEA," Efficiency Series Papers 2005/02, University of Oviedo, Department of Economics, Oviedo Efficiency Group (OEG).
    9. Brown, Stephen P. A. & Hayes, Kathy J. & Taylor, Lori L., 2003. "State and Local Policy, Factor Markets, and Regional Growth," The Review of Regional Studies, Southern Regional Science Association, vol. 33(1), pages 40-60.
    10. repec:spr:anresc:v:58:y:2017:i:3:d:10.1007_s00168-017-0808-7 is not listed on IDEAS
    11. Loaiza Quintero, Osmar Leandro & Franco Vásquez, Liliana Yaned, 2012. "Un estudio acerca de los determinantes de la productividad y la ineficiencia técnica en la industria colombiana, 1992-2007
      [Determinants of productivity and technical inefficiency in Colombia’s man
      ," MPRA Paper 47736, University Library of Munich, Germany, revised 20 Jun 2013.
    12. Anu Tokila & Mika Haapanen, 2012. "Evaluation of Deadweight Spending in Regional Enterprise Financing," Regional Studies, Taylor & Francis Journals, vol. 46(2), pages 185-201, May.
    13. Metin KARADAG, 2010. "The Impact of Public Capital on the Efficiency of Private Manufacturing Industry at the Regional Level," Ege Academic Review, Ege University Faculty of Economics and Administrative Sciences, vol. 10(4), pages 1167-1174.
    14. Sharma, Subhash C. & Sylwester, Kevin & Margono, Heru, 2007. "Decomposition of total factor productivity growth in U.S. states," The Quarterly Review of Economics and Finance, Elsevier, vol. 47(2), pages 215-241, May.
    15. Brock, Gregory & German-Soto, Vicente, 2013. "Regional industrial growth in Mexico: Do human capital and infrastructure matter?," Journal of Policy Modeling, Elsevier, vol. 35(2), pages 228-242.
    16. Puig-Junoy, Jaume & Argiles, Josep M., 2004. "The influence of management accounting use on farm inefficiency," Agricultural Economics Review, Greek Association of Agricultural Economists, vol. 5(2), August.
    17. Mª Jesús Delgado Rodríguez & Inmaculada Alvarez Ayuso, 2004. "Capital público y eficiencia productiva: evidencia para la UE-15," Hacienda Pública Española, IEF, vol. 168(1), pages 27-46, marzo.
    18. Torrisi, Gianpiero, 2009. "Public infrastructure: definition, classification and measurement issues," MPRA Paper 12990, University Library of Munich, Germany.
    19. repec:bla:presci:v:96:y:2017:i:4:p:843-858 is not listed on IDEAS
    20. repec:ebl:ecbull:v:30:y:2010:i:1:p:587-596 is not listed on IDEAS
    21. Silvia Bertarelli, 2006. "Public capital and growth," Politica economica, Società editrice il Mulino, issue 3, pages 361-398.
    22. Rodríguez Vález, J. & Arias Sampedro, C., 2004. "Desbordamiento espacial de la productividad de las infraestructuras: una aplicación con fronteras estocásticas," Estudios de Economía Aplicada, Estudios de Economía Aplicada, vol. 22, pages 1-16, Diciembre.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:bla:jregsc:v:41:y:2001:i:1:p:75-96. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Wiley-Blackwell Digital Licensing) or (Christopher F. Baum). General contact details of provider: http://www.blackwellpublishing.com/journal.asp?ref=0022-4146 .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.