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

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

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