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Efficiency at Energy Industry : A Comparison of Energy Consumption Efficiency among Asian Pacific Countries  

Kim, Tae-Ho (Department of Business Administration, The University of Incheon)
Publication Information
International Journal of Quality Innovation / v.9, no.3, 2008 , pp. 113-121 More about this Journal
Abstract
This paper proposes a scheme to estimate the technical efficiency of energy consumption and production and shadow prices of $CO_2$ emission in country-level at Asia Pacific countries by Data Envelopment Analysis (DEA). The result of technical efficiency estimation shows that there exists an heterogeneity and a substantial opportunity for improvement in technical efficiency at energy consumption and production across countries, specially in the $CO_2$ emission, which implies that more pollutant are spread in air. Each country will have the different willingness to pay for the additional $CO_2$ emission right and this result enables us to predict the competition in international $CO_2$ emission right market.
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