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

dc.contributor.authorApergis, Nicholas
dc.contributor.authorAye, Goodness Chioma
dc.contributor.authorBarros, Carlos Pestana
dc.contributor.authorGupta, Rangan
dc.contributor.authorWanke, Peter
dc.contributor.emailrangan.gupta@up.ac.zaen_ZA
dc.date.accessioned2015-08-03T05:26:50Z
dc.date.available2015-08-03T05:26:50Z
dc.date.issued2015-09
dc.description.abstractThis 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.en_ZA
dc.description.embargo2016-09-30en_ZA
dc.description.librarianhb2015en_ZA
dc.description.urihttp://www.elsevier.com/locate/enecoen_ZA
dc.identifier.citationApergis, 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.issn0140-9883 (print)
dc.identifier.issn1873-6181 (online)
dc.identifier.other10.1016/j.eneco.2015.05.022
dc.identifier.urihttp://hdl.handle.net/2263/49217
dc.language.isoenen_ZA
dc.publisherElsevieren_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.subjectEnergyen_ZA
dc.subjectTwo-stage GLMM-MCMCen_ZA
dc.subjectOrganisation for Economic Co-operation and Development (OECD)en_ZA
dc.subjectOECD countriesen_ZA
dc.subjectSlacks Based Model with undesirable or bad outputs (SBM-Undesirable)en_ZA
dc.subjectGeneralized linear mixed models (GLMM)en_ZA
dc.subjectMarkov chain Monte Carlo (MCMC)en_ZA
dc.titleEnergy efficiency of selected OECD countries : a slacks based model with undesirable outputsen_ZA
dc.typePostprint Articleen_ZA

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