Energy efficiency of selected OECD countries: a slacks based model with undesirable outputs

Nicholas Apergis; Goodness Aye; Carlos Pestana Barros; Rangan Gupta; Peter Wanke

doi:10.1016/j.eneco.2015.05.022

Energy efficiency of selected OECD countries: a slacks based model with undesirable outputs

Nicholas Apergis, Goodness Aye, Carlos Pestana Barros, Rangan Gupta, Peter Wanke

Research output: Contribution to journal › Article › peer-review

150 Citations (Scopus)

Abstract

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.

Original language	English
Pages (from-to)	45-53
Journal	Energy Economics
Volume	51
DOIs	https://doi.org/10.1016/j.eneco.2015.05.022
Publication status	Published - Sept 2015

Keywords

energy
SBM-Undesitable
two-stage GLMM–MCMC

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10.1016/j.eneco.2015.05.022

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title = "Energy efficiency of selected OECD countries: a slacks based model with undesirable outputs",

abstract = "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.",

keywords = "energy, SBM-Undesitable, two-stage GLMM–MCMC",

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T1 - Energy efficiency of selected OECD countries: a slacks based model with undesirable outputs

AU - Apergis, Nicholas

AU - Aye, Goodness

AU - Barros, Carlos Pestana

AU - Gupta, Rangan

AU - Wanke, Peter

PY - 2015/9

Y1 - 2015/9

N2 - 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.

AB - 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.

KW - energy

KW - SBM-Undesitable

KW - two-stage GLMM–MCMC

U2 - 10.1016/j.eneco.2015.05.022

DO - 10.1016/j.eneco.2015.05.022

M3 - Article

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VL - 51

SP - 45

EP - 53

JO - Energy Economics

JF - Energy Economics

ER -

Energy efficiency of selected OECD countries: a slacks based model with undesirable outputs

Abstract

Keywords

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