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ABSTRACT This paper emphasizes the role of regional determinants in the technical efficiency of the Greek economy. We employ a regional production function which is simultaneously estimated with an inefficiency… Click to show full abstract
ABSTRACT This paper emphasizes the role of regional determinants in the technical efficiency of the Greek economy. We employ a regional production function which is simultaneously estimated with an inefficiency equation. The results underline the considerable and growing core–periphery disparities in technical efficiency. They show the significant efficiency-enhancing impact of intra-regional market access and its dispersion. They also demonstrate that interregional market access, specialization, sectoral concentration and human capital exert a positive but varying influence on the efficiency of Greek regions.
Journal Title: Regional Studies
Year Published: 2018
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