Table 3 Efficiency Test Results, 1979–2019
 Embedded ImageEmbedded Image Embedded ImageEmbedded Image
IndianaCentral
Top0.926
(0.902)		0.565**(0.111)Top1.014
(0.947)		0.508**
(0.156)**
Average1.377
(0.892)		0.520**
(0.147)		Average1.239
(0.949)		0.421
(0.129)
Poor2.547*
(1.083)		0.341*
(0.138)		Poor2.563*
(1.160)		0.184
(0.141)
Transitional–0.413
(1.622)		0.069
(0.172)
NorthSouthwest
Top1.227
(0.975)		0.481**
(0.154)		Top2.316
(1.605)		0.081
(0.171)
Average1.709
(1.154)		0.421**
(0.145)		Average2.513
(1.586)		0.166
(0.157)
Poor3.402*
(1.652)		0.128
(0.181)		Poor3.299
(1.690)		0.214
(0.136)
NortheastSoutheast
Top2.237
(1.260)		0.125
(0.185)		Top2.435*
(1.203)		0.017
(0.124)
Average3.483*
(1.314)		0.085
(0.204)		Average2.758*
(1.214)		0.016
(0.168)
Poor6.076**
(1.754)		–0.183
(0.176)		Poor3.057*
(1.190)		0.047
(0.168)
West Central
Top0.740
(0.808)		0.597**
(0.154)
Average0.997
(0.815)		0.595**
(0.149)
Poor2.148*
(0.963)		0.418**
(0.145)

  • Note: Standard errors in parentheses are heteroskedasticity and autocorrelation consistent.

  • ↵**,* Significance at the 1% and 5% levels, respectively.