Energy efficiency of selected OECD countries: A slacks based model with undesirable outputs.
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Affiliation
University of PretoriaUniversity of Lisbon
Federal University of Rio de Janeiro
Northumbria University
Issue Date
2015-06-23
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This paper presents an efficiency assessment of selected OECD countries using a Slacks Based Model with undesirable or bad outputs (SBM-Undesirable). In this research, SBM-Undesirable is used first in a two-stage approach to assess the relative efficiency of OECD countries using the most frequent indicators adopted by the literature on energy efficiency. Besides, in the second stage, GLMM–MCMC methods are combined with SBM-Undesirable results as part of an attempt to produce a model for energy performance with effective predictive ability. The results reveal different impacts of contextual variables, such as economic blocks and capital–labor ratio, on energy efficiency levels.Citation
Apergis, N. et al. (2015) 'Energy efficiency of selected OECD countries: A slacks based model with undesirable outputs', Energy Economics, 51, pp.45-53.Publisher
ElsevierJournal
Energy EconomicsDOI
10.1016/j.eneco.2015.05.022Additional Links
https://www.sciencedirect.com/journal/energy-economicsType
ArticleLanguage
enISSN
0140-9883ae974a485f413a2113503eed53cd6c53
10.1016/j.eneco.2015.05.022
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Except where otherwise noted, this item's license is described as http://creativecommons.org/licenses/by-nc/4.0/