What Explains R & D Efficiency Differences across U.S. States
M. Ashraf
2011
Citations
0
Citations
Journal
Journal of Economics
Semantic Scholar
Key Takeaway Key Takeaway: Firm number, college enrollment ratios, and regional factors significantly impact R&D efficiency in U.S. states.
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
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