Eco-efficiency analysis of consumer durables using absolute shadow prices

被引:3
作者
Mika Kortelainen
Timo Kuosmanen
机构
[1] University of Joensuu,Department of Economics and Business Administration
[2] MTT Agrifood Research Finland,Economic Research Unit
来源
Journal of Productivity Analysis | 2007年 / 28卷
关键词
C61; D61; D62; Activity analysis; Data envelopment analysis (DEA); Environmental efficiency; Product evaluation; Sport utility vehicles (SUVs);
D O I
暂无
中图分类号
学科分类号
摘要
We develop a method for eco-efficiency analysis of consumer durables that is based on Data Envelopment Analysis (DEA). In contrast to previous product efficiency studies, we consider the measurement problem from the policy perspective. The innovation of the paper is to measure efficiency in terms of absolute shadow prices that are optimized endogenously within the model to maximize efficiency of the good. Thus, the efficiency measure has a direct economic interpretation as a monetary loss due to inefficiency, expressed in some currency unit. The advantages as well as technical differences between the proposed approach and the traditional production-side methods are discussed in detail. We illustrate the approach by an application to eco-efficiency evaluation of Sport Utility Vehicles.
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页码:57 / 69
页数:12
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