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The efficiency of conventional fuel power plants in South Korea: A comparison of parametric and non-parametric approaches

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  • Park, Soo-Uk
  • Lesourd, Jean-Baptiste
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    Bibliographic Info

    Article provided by Elsevier in its journal International Journal of Production Economics.

    Volume (Year): 63 (2000)
    Issue (Month): 1 (January)
    Pages: 59-67

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    Handle: RePEc:eee:proeco:v:63:y:2000:i:1:p:59-67

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    References

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    1. Aigner, Dennis & Lovell, C. A. Knox & Schmidt, Peter, 1977. "Formulation and estimation of stochastic frontier production function models," Journal of Econometrics, Elsevier, vol. 6(1), pages 21-37, July.
    2. R. D. Banker & A. Charnes & W. W. Cooper, 1984. "Some Models for Estimating Technical and Scale Inefficiencies in Data Envelopment Analysis," Management Science, INFORMS, vol. 30(9), pages 1078-1092, September.
    3. Kopp, Raymond J. & Mullahy, John, 1990. "Moment-based estimation and testing of stochastic frontier models," Journal of Econometrics, Elsevier, vol. 46(1-2), pages 165-183.
    4. Cowing, Thomas G, 1974. "Technical Change and Scale Economies in an Engineering Production Function: The Case of Steam Electric Power," Journal of Industrial Economics, Wiley Blackwell, vol. 23(2), pages 135-52, December.
    5. Greene, William H., 1980. "On the estimation of a flexible frontier production model," Journal of Econometrics, Elsevier, vol. 13(1), pages 101-115, May.
    6. Yoram Barzel, 1964. "The Production Function and Technical Change in the Steam-Power Industry," Journal of Political Economy, University of Chicago Press, vol. 72, pages 133.
    7. Leibenstein, Harvey, 1978. "General X-Efficiency Theory and Economic Development," OUP Catalogue, Oxford University Press, number 9780195023800.
    8. Afriat, Sidney N, 1972. "Efficiency Estimation of Production Function," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 13(3), pages 568-98, October.
    9. Bauer, Paul W., 1990. "Recent developments in the econometric estimation of frontiers," Journal of Econometrics, Elsevier, vol. 46(1-2), pages 39-56.
    10. Greene, William H., 1982. "Maximum likelihood estimation of stochastic frontier production models," Journal of Econometrics, Elsevier, vol. 18(2), pages 285-289, February.
    11. Harvey Leibenstein, 1975. "Aspects of the X-Efficiency Theory of the Firm," Bell Journal of Economics, The RAND Corporation, vol. 6(2), pages 580-606, Autumn.
    12. Davidson, Russell & MacKinnon, James G, 1981. "Several Tests for Model Specification in the Presence of Alternative Hypotheses," Econometrica, Econometric Society, vol. 49(3), pages 781-93, May.
    13. Banker, Rajiv D., 1984. "Estimating most productive scale size using data envelopment analysis," European Journal of Operational Research, Elsevier, vol. 17(1), pages 35-44, July.
    14. Charnes, A. & Cooper, W. W. & Rhodes, E., 1978. "Measuring the efficiency of decision making units," European Journal of Operational Research, Elsevier, vol. 2(6), pages 429-444, November.
    15. Greene, William H., 1990. "A Gamma-distributed stochastic frontier model," Journal of Econometrics, Elsevier, vol. 46(1-2), pages 141-163.
    16. Stevenson, Rodney E., 1980. "Likelihood functions for generalized stochastic frontier estimation," Journal of Econometrics, Elsevier, vol. 13(1), pages 57-66, May.
    17. Davidson, Russell & MacKinnon, James G., 1993. "Estimation and Inference in Econometrics," OUP Catalogue, Oxford University Press, number 9780195060119.
    18. Greene, William H., 1980. "Maximum likelihood estimation of econometric frontier functions," Journal of Econometrics, Elsevier, vol. 13(1), pages 27-56, May.
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    Cited by:
    1. Azadeh, A. & Ghaderi, S.F. & Anvari, M. & Saberi, M., 2007. "Performance assessment of electric power generations using an adaptive neural network algorithm," Energy Policy, Elsevier, vol. 35(6), pages 3155-3166, June.
    2. Chen, Yueh H. & Lin, Winston T., 2009. "Analyzing the relationships between information technology, inputs substitution and national characteristics based on CES stochastic frontier production models," International Journal of Production Economics, Elsevier, vol. 120(2), pages 552-569, August.
    3. Oleg Badunenko & Daniel Henderson & R. Russell, 2013. "Polarization of the worldwide distribution of productivity," Journal of Productivity Analysis, Springer, vol. 40(2), pages 153-171, October.
    4. Heshmati, Almas & Kumbhakar, Subal C. & Sun, Kai, 2013. "Estimation of Productivity in Korean Electric Power Plants: A Semiparametric Smooth Coefficient Model," IZA Discussion Papers 7277, Institute for the Study of Labor (IZA).
    5. Badunenko, Oleg & Henderson, Daniel J. & Kumbhakar, Subal C., 2011. "When, where and how to perform efficiency estimation," MPRA Paper 33467, University Library of Munich, Germany.
    6. Sueyoshi, Toshiyuki & Goto, Mika, 2011. "Operational synergy in the US electric utility industry under an influence of deregulation policy: A linkage to financial performance and corporate value," Energy Policy, Elsevier, vol. 39(2), pages 699-713, February.
    7. Du, Limin & He, Yanan & Yan, Jianye, 2013. "The effects of electricity reforms on productivity and efficiency of China's fossil-fired power plants: An empirical analysis," Energy Economics, Elsevier, vol. 40(C), pages 804-812.
    8. Liu, C.H. & Lin, Sue J. & Lewis, Charles, 2010. "Evaluation of thermal power plant operational performance in Taiwan by data envelopment analysis," Energy Policy, Elsevier, vol. 38(2), pages 1049-1058, February.
    9. Lin, Winston T. & Chiang, Chung-Yean, 2011. "The impacts of country characteristics upon the value of information technology as measured by productive efficiency," International Journal of Production Economics, Elsevier, vol. 132(1), pages 13-33, July.
    10. Kenneth W. Clements & Xueyan Zhao, 2005. "Economic Aspects of Marijuana," Economics Discussion / Working Papers 05-28, The University of Western Australia, Department of Economics.
    11. Sueyoshi, Toshiyuki & Goto, Mika & Ueno, Takahiro, 2010. "Performance analysis of US coal-fired power plants by measuring three DEA efficiencies," Energy Policy, Elsevier, vol. 38(4), pages 1675-1688, April.
    12. Iglesias-Gómez, Guillermo & Seijas Díaz, A., 2008. "Evaluación de la eficiencia productiva de los parques eólicos gallegos," Estudios de Economía Aplicada, Estudios de Economía Aplicada, vol. 26, pages 167-194, Septiembr.
    13. Iglesias, Guillermo & Castellanos, Pablo & Seijas, Amparo, 2010. "Measurement of productive efficiency with frontier methods: A case study for wind farms," Energy Economics, Elsevier, vol. 32(5), pages 1199-1208, September.
    14. Lin, Winston T. & Chuang, Chia-Hung & Choi, Jeong Hoon, 2010. "A partial adjustment approach to evaluating and measuring the business value of information technology," International Journal of Production Economics, Elsevier, vol. 127(1), pages 158-172, September.
    15. Paul Crompton & Jean-Baptiste Lesourd, 2004. "Economies of Scale in the Global Iron-Making Industry," Economics Discussion / Working Papers 04-23, The University of Western Australia, Department of Economics.

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