Eco-Efficiency Evaluation Considering Environmental Stringency
AbstractThis paper proposes an extended data envelopment analysis (DEA) model for deriving eco-efficiency. In order to derive eco-efficiency, the proposed model utilizes the concepts of operational efficiency and environmental efficiency. Since DEA can separately measure operational efficiency and environmental efficiency, the treatment for constructing the unified indicator is required to ultimately evaluate eco-efficiency through balancing operational and environmental concerns. To achieve this goal, we define the environmental stringency as the business condition reflecting the degree of enforcing environmental regulations across the firms or particular industries in different countries. The proposed model provides flexibility, as required by the pollution-intensity of industry, in that it allows the decision maker to evaluate DMU’s (decision-making unit) eco-efficiency appropriately depending on the business environment. We present a case of agricultural production systems to help readers understand what eco-efficiency becomes when we vary the stringency conditions. Through the illustrative example, this paper presents the potential application by which different environmental stringencies can successively be incorporated in DEA. View Full-Text
Share & Cite This Article
Lee, P.; Park, Y.-J. Eco-Efficiency Evaluation Considering Environmental Stringency. Sustainability 2017, 9, 661.
Lee P, Park Y-J. Eco-Efficiency Evaluation Considering Environmental Stringency. Sustainability. 2017; 9(4):661.Chicago/Turabian Style
Lee, Pyoungsoo; Park, You-Jin. 2017. "Eco-Efficiency Evaluation Considering Environmental Stringency." Sustainability 9, no. 4: 661.
Note that from the first issue of 2016, MDPI journals use article numbers instead of page numbers. See further details here.