FRONTIER APPROACH TO ENVIRONMENTAL EFFICIENCY: LEAST-DISTANCE BENCHMARKS FOR SLOVAKIA

Rok / Year
2023
Číslo / Volume
Volume 15, No 1
Strany / Pages
25 - 35
DOI
10.31577/PPFAR.2023.15.002
Autori / Authors
Eduard Nežinský
Jazyk / Language
EN
Publikované / Published
Vydavateľ / Publisher
Prognostický ústav CSPV SAV
Dokument / Document
Download
Popis / Abstract
Environmental efficiency of production and value-added creation has been a central concern of European environmental agenda for the last decades. In the paper, the frontier analysis is employed to illustrate the procedure how policy-related benchmarks could be determined. Underperforming entity is projected onto the production possibility set boundary that is constructed via deterministic data envelopment analysis method. Besides the conventional benefit-of-the-doubt aggregation weighting scheme, the procedure is guided by the least-distance criterion for projection location as well as the bounds imposed by the Climate Act commitments regarding emissions reduction. The differences between the conventional and the least-distance-adjusted-model results are demonstrated within the technology involving value-added as economic desirable outcome whereas emissions and particles acting as “bads”. For Slovakia, the results identify Germany and Malta as best-performing peers suggesting alongside that a current level of GDP could be retained even after adopting the environmental constraints.
Kľúčové slová / Keywords:
Environmental Efficiency, Closest Distance, Production Frontier, Data Envelopment Analysis
Ako citovať / How to Cite:
ISO 690:
E. Nežinský. 2023. FRONTIER APPROACH TO ENVIRONMENTAL EFFICIENCY: LEAST-DISTANCE BENCHMARKS FOR SLOVAKIA/ PP – FAR, vol. 15, no. 2, pp. 25-35. DOI: https://doi.org/10.31577/PPFAR.2023.15.002

APA:
E. Nežinský. (2023). FFRONTIER APPROACH TO ENVIRONMENTAL EFFICIENCY: LEAST-DISTANCE BENCHMARKS FOR SLOVAKIA/ PP – FAR, 15 (1), 25-35. DOI: https://doi.org/10.31577/PPFAR.2023.15.002