期刊
ECONOMICS OF TRANSITION
卷 26, 期 3, 页码 553-578出版社
WILEY
DOI: 10.1111/ecot.12152
关键词
Electricity consumption; transition economies; energy efficiency; stochastic frontier
类别
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.
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