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

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dc.contributor.author Apergis, Nicholas
dc.contributor.author Aye, Goodness Chioma
dc.contributor.author Barros, Carlos Pestana
dc.contributor.author Gupta, Rangan
dc.contributor.author Wanke, Peter
dc.date.accessioned 2015-08-03T05:26:50Z
dc.date.available 2015-08-03T05:26:50Z
dc.date.issued 2015-09
dc.description.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 SBMUndesirable 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. en_ZA
dc.description.embargo 2016-09-30 en_ZA
dc.description.librarian hb2015 en_ZA
dc.description.uri http://www.elsevier.com/locate/eneco en_ZA
dc.identifier.citation Apergis, N, Aye, GC, Barros, CP, Gupta, R & Wanke, P 2015, 'Energy efficiency of selected OECD countries : a slacks based model with undesirable outputs', Energy Economics, vol. 51, pp. 45-53. en_ZA
dc.identifier.issn 0140-9883 (print)
dc.identifier.issn 1873-6181 (online)
dc.identifier.other 10.1016/j.eneco.2015.05.022
dc.identifier.uri http://hdl.handle.net/2263/49217
dc.language.iso en en_ZA
dc.publisher Elsevier en_ZA
dc.rights © 2015 Elsevier B.V. All rights reserved. Notice : this is the author’s version of a work that was accepted for publication in Energy Economics. Changes resulting from the publishing process, such as peer review, editing, corrections, structural formatting, and other quality control mechanisms may not be reflected in this document. Changes may have been made to this work since it was submitted for publication. A definitive version was subsequently published in Energy Economics, vol. 51, pp. 45-53, 2015. doi : 10.1016/j.eneco.2015.05.022. en_ZA
dc.subject Energy en_ZA
dc.subject Two-stage GLMM-MCMC en_ZA
dc.subject Organisation for Economic Co-operation and Development (OECD) en_ZA
dc.subject OECD countries en_ZA
dc.subject Slacks Based Model with undesirable or bad outputs (SBM-Undesirable) en_ZA
dc.subject Generalized linear mixed models (GLMM) en_ZA
dc.subject Markov Chain Monte Carlo (MCMC) en_ZA
dc.title Energy efficiency of selected OECD countries : a slacks based model with undesirable outputs en_ZA
dc.type Postprint Article en_ZA


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