Energy efficiency in transition economies: A stochastic frontier approach

António Carvalho

Research output: Contribution to journalArticle

4 Citations (Scopus)
13 Downloads (Pure)

Abstract

This article outlines and estimates a measure of underlying efficiency in electricity consumption for an unbalanced panel of 27 transition economies and 6 European OECD countries between 1994 and 2007. A Bayesian Generalized True Random Effects stochastic frontier model with persistent and transient inefficiency is considered by estimating an aggregate electricity demand function that leads to consumption efficiency scores, giving further insights than a simple analysis of energy intensity. There is evidence of convergence between the CIS countries and a block of Eastern European and OECD countries, although other country groups do not follow this tendency, such as the Balkans.
Original languageEnglish
Pages (from-to)553-578
Number of pages26
JournalEconomics of Transition
Volume26
Issue number3
Early online date26 Mar 2018
DOIs
Publication statusPublished - Jul 2018

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