Economics at your fingertips  

The State of Things: The Dynamic Efficiency of Australian State and Territories

Joseph Drew and Brian Dollery ()

Economic Papers, 2015, vol. 34, issue 3, 165-176

Abstract: type="main" xml:id="ecpa12106-abs-0001"> This paper uses intertemporal and locally intertemporal data envelopment analysis to examine inter alia how yardstick competition, heterogeneity, innovation and competition for business and capital manifest themselves in the Australian federation over the period 2007–2012. The incidence of the Global Financial Crisis during this period also facilitated the testing of a hypothesis on how Australian state and territory jurisdictions might be expected to respond to a uniform macro-economic shock. Intertemporal evidence provided support for the contention that federalism fosters “democratic laboratories.” The locally intertemporal analysis provided empirical evidence to support the hypothesis that competitive tensions result in increases to the relative efficiency ceteris paribus of sub-optimal jurisdictions over time. Moreover, some evidence was found to support the proposition that imitation of best practice leads to converging efficiency between comparable peer jurisdictions.

Date: 2015
References: Add references at CitEc
Citations: Track citations by RSS feed

Downloads: (external link) (text/html)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link:

Ordering information: This journal article can be ordered from
http://www.blackwell ... bs.asp?ref=0812-0439

Access Statistics for this article

Economic Papers is currently edited by Rachel Ong

More articles in Economic Papers from The Economic Society of Australia Contact information at EDIRC.
Bibliographic data for series maintained by Wiley Content Delivery ().

Page updated 2019-11-06
Handle: RePEc:bla:econpa:v:34:y:2015:i:3:p:165-176