No difference in efficiency.
Think instead about information flow and modularization and the likelihood of reuse in a slightly different context. The first sub knows more than the second sub - it knows it has to look up a certain fixed key, namely 'foo'. What if the various stuff turned out to be relevant in another situation, but where $baz didn't have this association with 'foo'? That's why my hunch is to prefer the second version.
But efficiency is not the issue.
In reply to Re: Calling a subroutine - which is most efficient?
by Anonymous Monk
in thread Calling a subroutine - which is most efficient?
by smiffy
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