Measuring eco-efficiency based on green indicators and potentials in energy saving and undesirable output abatement
2015 (English)In: Energy Economics, ISSN 0140-9883, E-ISSN 1873-6181, Vol. 50, p. 18-26Article in journal (Refereed) Published
Sustainable development
Sustainable Development
Abstract [en]
Nowadays, majority of organizations are seeking to achieve sustainable development with respect to "green" concept. One of the main criteria for assessing green performance is eco-efficiency. To identify all aspects of the eco-efficiency, inputs should be divided into energy and non-energy and outputs should be divided into good and bad outputs. To deal with this issue, a data envelopment analysis (DEA) model is developed to divide inputs into both energy and non-energy and outputs into both desirable (good) and undesirable (bad) outputs. Likewise, variables are separated into both discretionary and non-discretionary factors. Accordingly, a bounded adjusted measure (BAM) based on green indicators is developed to calculate the eco-efficiency of decision making units (DMUs). Besides, energy saving potentials and undesirable output abatement potentials are calculated to show correlation coefficient between energy consumption and undesirable output. Finally, proposed model is validated by assessing the eco-efficiency of some selected members of organization for economic cooperation and development (OECD). Australia, Finland, Ireland, New Zealand, and Switzerland are recognized as eco-efficient countries and the rest of countries are inefficient in terms of the eco-efficiency. High and positive Spearman correlation coefficient between energy consumption and undesirable outputs addresses that the more use of energy inputs, the more undesirable outputs.
Place, publisher, year, edition, pages
Elsevier, 2015. Vol. 50, p. 18-26
Keywords [en]
Data envelopment analysis, Eco-efficiency, Energy saving, Green index, Pure eco-performance, Undesirable output, Decision making, Energy utilization, Correlation coefficient, Energy saving potential, Green indices, Organization for economic co-operation and development, Spearman correlation coefficients, Energy conservation, abatement cost, energy market, energy use, OECD, sustainable development, Australia, Finland, Ireland, New Zealand, Switzerland
National Category
Business Administration
Identifiers
URN: urn:nbn:se:hj:diva-58079DOI: 10.1016/j.eneco.2015.04.018ISI: 000359876800003Scopus ID: 2-s2.0-84929649050OAI: oai:DiVA.org:hj-58079DiVA, id: diva2:1684709
2022-07-282022-07-282022-07-28Bibliographically approved