Yes there is. Humans are normally not very responsive to the time between when an action is started and when it is carried out on the screen, but this changes for actions like drawing and dragging. This is the reason for the new Pro Motion behavior on the recently released iPad Pro models. For more information, this video [1] is a good place to start.
[1] https://www.youtube.com/watch?v=vOvQCPLkPt4