What Explains R & D Efficiency Differences across U.S. States

UNCP Author/Contributor (non-UNCP co-authors, if there are any, appear on document)
Dr. Mohammad Ashraf, Professor of Economics (Creator)
The University of North Carolina at Pembroke (UNCP )
Web Site: http://www.uncp.edu/academics/library

Abstract: In this study we use data envelopment analysis to calculate relative efficiency indices of states with regard to the use of research and development (R&D) funds. Then we use regression analysis to explore the contributing factors to the observed efficiency differences. Our estimates indicate that number of firms, and college and university enrollment ratios have significant impact on how efficiently a state uses its R&D funds. Regional factors also play an important role in an efficient use of R&D funds (O31; O5).

Additional Information

Journal of Economics, XXXVII, No. 1
Language: English
Date: 2011
R&D fund, data envelopment analysis, university enrollment, ratios, regional factors, efficiency

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