| ID | 133080 |
| Title Proper | Power industry restructuring and eco-efficiency changes |
| Other Title Information | a new slacks-based model in Malmquist-Luenberger Index measurement |
| Language | ENG |
| Author | Arabi, Behrouz ; Munisamy, Susila ; Emrouznejad, Ali ; Shadman, Foroogh |
| Publication | 2014. |
| Summary / Abstract (Note) | Measuring variations in efficiency and its extension, eco-efficiency, during a restructuring period in different industries has always been a point of interest for regulators and policy makers. This paper assesses the impacts of restructuring of procurement in the Iranian power industry on the performance of power plants. We introduce a new slacks-based model for Malmquist-Luenberger (ML) Index measurement and apply it to the power plants to calculate the efficiency, eco-efficiency, and technological changes over the 8-year period (2003-2010) of restructuring in the power industry. The results reveal that although the restructuring had different effects on the individual power plants, the overall growth in the eco-efficiency of the sector was mainly due to advances in pure technology. We also assess the correlation between efficiency and eco-efficiency of the power plants, which indicates a close relationship between these two steps, thus lending support to the incorporation of environmental factors in efficiency analysis. |
| `In' analytical Note | Energy Policy Vol.68, May 2014: p.132-145 |
| Journal Source | Energy Policy Vol.68, May 2014: p.132-145 |
| Key Words | Eco-efficiency measurement ; Data envelopment analysis ; Malmquist-Luenberger Index ; Power Industry ; Restructuring ; Eco-efficiency- Efficiency Relations ; Environment ; Power Plant Efficiency ; Iran |