Frontier production function and cost efficiency empirical analysis of bioenergy industry in EU28 region

Over the last few years concerns have enhanced about the bioenergy industry as main source for renewable and sustainable energy in many countries. These concerns have been major magnitude for countries with joint green energy legislation such as European Union (EU28) countries. A significant aspect...

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Main Authors: Mohd Alsaleh, Abdul Samad, Abdul Rahim, Othman, Mohd. Shahwahid, Chin, Lee, Kamarudin, Fakarudin
Format: Article
Language:English
Published: Medwell Journals 2016
Subjects:
Online Access:http://psasir.upm.edu.my/id/eprint/54352/
http://psasir.upm.edu.my/id/eprint/54352/1/Frontier%20production%20function%20and%20cost%20efficiency%20empirical%20analysis%20of%20bioenergy%20industry%20in%20EU28%20region.pdf
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author Mohd Alsaleh
Abdul Samad, Abdul Rahim
Othman, Mohd. Shahwahid
Chin, Lee
Kamarudin, Fakarudin
author_facet Mohd Alsaleh
Abdul Samad, Abdul Rahim
Othman, Mohd. Shahwahid
Chin, Lee
Kamarudin, Fakarudin
author_sort Mohd Alsaleh
building UPM Institutional Repository
collection Online Access
description Over the last few years concerns have enhanced about the bioenergy industry as main source for renewable and sustainable energy in many countries. These concerns have been major magnitude for countries with joint green energy legislation such as European Union (EU28) countries. A significant aspect to be considered when selecting a provided bioenergy is the efficiency involved in its production. In this context, the current study analyzes the cost efficiency components in bioenergy industry in EU28 between 1990 and 2013. To this end, parametric and non-parametric frontier models are applied, where both are particularly appropriate in this special context due to their treatment of undesirable outputs. Results are presenting equal means for cost (economic) efficiency in developing and developed countries. Allocative (price) efficiency in developing countries is higher in compare with the one developed countries. While technical efficiency mean presenting higher value in developed countries in compare with developing ones.
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spelling upm-543522018-03-14T03:54:07Z http://psasir.upm.edu.my/id/eprint/54352/ Frontier production function and cost efficiency empirical analysis of bioenergy industry in EU28 region Mohd Alsaleh Abdul Samad, Abdul Rahim Othman, Mohd. Shahwahid Chin, Lee Kamarudin, Fakarudin Over the last few years concerns have enhanced about the bioenergy industry as main source for renewable and sustainable energy in many countries. These concerns have been major magnitude for countries with joint green energy legislation such as European Union (EU28) countries. A significant aspect to be considered when selecting a provided bioenergy is the efficiency involved in its production. In this context, the current study analyzes the cost efficiency components in bioenergy industry in EU28 between 1990 and 2013. To this end, parametric and non-parametric frontier models are applied, where both are particularly appropriate in this special context due to their treatment of undesirable outputs. Results are presenting equal means for cost (economic) efficiency in developing and developed countries. Allocative (price) efficiency in developing countries is higher in compare with the one developed countries. While technical efficiency mean presenting higher value in developed countries in compare with developing ones. Medwell Journals 2016 Article PeerReviewed text en http://psasir.upm.edu.my/id/eprint/54352/1/Frontier%20production%20function%20and%20cost%20efficiency%20empirical%20analysis%20of%20bioenergy%20industry%20in%20EU28%20region.pdf Mohd Alsaleh and Abdul Samad, Abdul Rahim and Othman, Mohd. Shahwahid and Chin, Lee and Kamarudin, Fakarudin (2016) Frontier production function and cost efficiency empirical analysis of bioenergy industry in EU28 region. The Social Sciences, 11 (22). pp. 5318-5332. ISSN 1818-5800; ESSN: 1993-6125 http://www.medwelljournals.com/archivedetails.php?jid=1818-5800&issueno=84 Bioenergy industry; Technical efficiency; EU28 region; Energy; Source
spellingShingle Bioenergy industry; Technical efficiency; EU28 region; Energy; Source
Mohd Alsaleh
Abdul Samad, Abdul Rahim
Othman, Mohd. Shahwahid
Chin, Lee
Kamarudin, Fakarudin
Frontier production function and cost efficiency empirical analysis of bioenergy industry in EU28 region
title Frontier production function and cost efficiency empirical analysis of bioenergy industry in EU28 region
title_full Frontier production function and cost efficiency empirical analysis of bioenergy industry in EU28 region
title_fullStr Frontier production function and cost efficiency empirical analysis of bioenergy industry in EU28 region
title_full_unstemmed Frontier production function and cost efficiency empirical analysis of bioenergy industry in EU28 region
title_short Frontier production function and cost efficiency empirical analysis of bioenergy industry in EU28 region
title_sort frontier production function and cost efficiency empirical analysis of bioenergy industry in eu28 region
topic Bioenergy industry; Technical efficiency; EU28 region; Energy; Source
url http://psasir.upm.edu.my/id/eprint/54352/
http://psasir.upm.edu.my/id/eprint/54352/
http://psasir.upm.edu.my/id/eprint/54352/1/Frontier%20production%20function%20and%20cost%20efficiency%20empirical%20analysis%20of%20bioenergy%20industry%20in%20EU28%20region.pdf