Journal
ECONOMIC ANALYSIS AND POLICY
Volume 62, Issue -, Pages 97-104Publisher
ELSEVIER
DOI: 10.1016/j.eap.2019.01.005
Keywords
Environmental efficiency; DEA; Undesirable outputs
Categories
Funding
- General Secretariat for Research and Technology
- Hellenic Foundation for Research and Innovation (HFRI)
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The treatment of undesirable outputs in Data Envelopment Analysis (DEA) has received great research attention recently. As such and as are presented in this work, there are four possible options to deal with those: 1. ignoring them from the production function, 2. treating them as regular inputs, 3. treating them as normal outputs and 4. performing necessary transformations to take them into account. Also new model propositions for their treatment are being presented. Each method brings with it, benefits and drawbacks which each researcher should take into account at every stage of their research and assesses which method is more appropriate to be used. (C) 2019 Economic Society of Australia, Queensland. Published by Elsevier B.V. All rights reserved.
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