Next Article in Journal
A Combustion Regime-Based Model for Large Eddy Simulation
Next Article in Special Issue
Comparison of Hydrocarbon Fiscal Regimes of Some European Oil and Gas Producers and Perspectives for Improvement in the Republic of Croatia
Previous Article in Journal
Optimal Operation of a Photovoltaic Integrated Captive Cogeneration Plant with a Utility Grid Using Optimization and Machine Learning Prediction Methods
Previous Article in Special Issue
Examining Statistical Methods in Forecasting Financial Energy of Households in Poland and Taiwan
Article

Technical Efficiency and Productivity Change in the European Union with Undesirable Output Considered

Faculty of Economics in Osijek, Josip Juraj Strossmayer University of Osijek, Gajev trg 7, 31000 Osijek, Croatia
Academic Editors: Oleksandr Melnychenko, Nuno Carlos Leitão and Almas Heshmati
Energies 2021, 14(16), 4937; https://doi.org/10.3390/en14164937
Received: 24 June 2021 / Revised: 16 July 2021 / Accepted: 9 August 2021 / Published: 12 August 2021
(This article belongs to the Special Issue Energy Management and Economics Analyses)
Global competition and climate change are changing the nature of economic activity and impose the urgent need to have environmentally sensitive productivity growth. The paper addresses both desirable and undesirable output to assess technical efficiency and productivity changes, as well as evaluate the importance of an energy input in the production function and productivity change differentials in the European Union (EU) over the period 2000–2018. To that end, it uses output-oriented data envelopment analysis and Malmquist productivity analysis. The results reveal that the EU is facing significant challenges due to a decreasing trend in technical efficiency and slow productivity growth. The absence of major improvements in human resource performance has reduced the benefits of technological innovations which are the main source of productivity growth. Additionally, the results show that energy use did not critically influence efficiency and productivity. View Full-Text
Keywords: technical efficiency; productivity; environmental adjustment; data envelopment analysis; Malmquist productivity index technical efficiency; productivity; environmental adjustment; data envelopment analysis; Malmquist productivity index
Show Figures

Graphical abstract

MDPI and ACS Style

Borozan, D. Technical Efficiency and Productivity Change in the European Union with Undesirable Output Considered. Energies 2021, 14, 4937. https://doi.org/10.3390/en14164937

AMA Style

Borozan D. Technical Efficiency and Productivity Change in the European Union with Undesirable Output Considered. Energies. 2021; 14(16):4937. https://doi.org/10.3390/en14164937

Chicago/Turabian Style

Borozan, Djula. 2021. "Technical Efficiency and Productivity Change in the European Union with Undesirable Output Considered" Energies 14, no. 16: 4937. https://doi.org/10.3390/en14164937

Find Other Styles
Note that from the first issue of 2016, MDPI journals use article numbers instead of page numbers. See further details here.

Article Access Map by Country/Region

1
Back to TopTop