http://orcid.org/0000-0002-7231-6077
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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 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.
ACKNOWLEDGEMENTS
The authors thank an associate editor and two anonymous referees for their valuable comments and suggestions.
DISCLOSURE STATEMENT
No potential conflict of interest was reported by the authors.
SUPPLEMENTAL DATA
Supplemental data for this article can be accessed at http://dx.doi.org/10.1080/00343404.2017.1390312.
ORCID
Theodore Tsekeris http://orcid.org/0000-0002-7231-6077
Sotiris Papaioannou http://orcid.org/0000-0003-1862-9694
Notes
1. NUTS = Nomenclature des Unités Territoriales Statistiques.
2. illustrates the adverse influence of the recession on the efficiency performance of Greek regions.
3. Similar attempts can be found in the microeconomic literature (e.g., Coelli, Perelman, & Romano, Citation1999).