Technical Efficiency of Thermoelectric Power Plants
JOURNAL
YEAR
Sep 21, 2008
TYPE
Articles in journals
AUTHORS
Barros, C., Peypoch, N.
VOL Nº
30
PAGES
9
ABSTRACT
This paper analyses the technical efficiency of Portuguese thermoelectric power generating plants with a two-stage procedure. In the first stage, the plants’ relative technical efficiency is estimated with DEA (data envelopment analysis) to establish which plants perform most efficiently. These plants could serve as peers to help improve performance of the least efficient plants. The paper ranks these the plants according to their relative efficiency for the period 1996-2004. In a second stage, the Simar and Wilson (2007) bootstrapped procedure is adopted to estimate the efficiency drivers. Economic implications arising from the study are considered.
JEL CLASS
KEYWORDS
Thermoelectric power plants,Portugal,Technical efficiency,data envelopment ,bootstrapp,