The efficiency of conventional fuel power plants in South Korea: A comparison of parametric and non-parametric approaches

被引：62
|
作者：
Park, SU [1 ]
Lesourd, JB [1 ]
机构：
[1] Korea Inst Energy Res, Dept Energy Policy Res, Taejon, South Korea
来源：
INTERNATIONAL JOURNAL OF PRODUCTION ECONOMICS | 2000年 / 63卷 / 01期
关键词：
production microeconomics; production functions; engineering production functions; production efficiency; data envelopment analysis; stochastic function; power plants; South Korea;
D O I：
10.1016/S0925-5273(98)00252-7
中图分类号：
T [工业技术];
学科分类号：
08 ;
摘要：
The efficiencies of the 64 conventional fuel power plants operating in South Korea were determined by data envelopment analysis (DEA) approaches, as well as by a stochastic-frontier method. The Banker, Charnes and Cooper (BCC) DEA efficiencies were introduced into an econometric estimate of a standard production function model, leading to a corrected factors version of the model, with significant improvement of the statistical explanation of our data. A statistical analysis of the DEA efficiencies was carried out, and these were compared to efficiencies revealed by a stochastic-frontier method. (C) 2000 Elsevier Science B.V. All rights reserved.
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页码：59 / 67
页数：9
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