IDEAS home Printed from https://ideas.repec.org/a/eee/renene/v170y2021icp785-795.html
   My bibliography  Save this article

Total factor efficiency and convergence analysis of renewable energy in Latin American countries

Author

Listed:
  • Zhang, Yu
  • Jin, Warren
  • Xu, Miao

Abstract

This paper analyzes renewable energy efficiency in Latin American countries (LAC) and investigates the efficiency convergence. Based on the data of the period 2005–2014, Super-efficient Slack-Based Measure (S–U-SBM) model is applied to measure the total factor efficiency of renewable energy, and Malmquist-Luenberger productivity index (ML) is applied to detect the changing trend of efficiency. The S–U-SBM results show that the average value of the total factor efficiency of renewable energy in LAC is 0.808 and has an upward trend, and for individual country, the efficiency value ranges from 0.262 to 1.302 with an unbalanced development and utilization of renewable energy. The ML results show that the average of the total factor efficiency of renewable energy change index is 1.014, and the technical efficiency change is the main factor that drives the growth of the ML in LAC. For two sub-regions, South America, Central-North America and Caribbean, the main factor is technological progress change and technological efficiency change respectively. There are significant conditional convergences in the total factor efficiency growth of renewable energy in the whole Latin American region and the two sub-regions. Technological innovation is the key for Latin American countries to improve the total factor efficiency of renewable energy at this stage.

Suggested Citation

  • Zhang, Yu & Jin, Warren & Xu, Miao, 2021. "Total factor efficiency and convergence analysis of renewable energy in Latin American countries," Renewable Energy, Elsevier, vol. 170(C), pages 785-795.
    • Handle: RePEc:eee:renene:v:170:y:2021:i:c:p:785-795
    DOI: 10.1016/j.renene.2021.02.016
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S096014812100183X
    Download Restriction: Full text for ScienceDirect subscribers only
    File URL: https://libkey.io/10.1016/j.renene.2021.02.016?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Yao Wang & Qiang Yang & Xuenan Wu & Ruichen Wang & Tilei Gao & Yuntong Liu, 2023. "A Study of Trends in Low-Energy Development Patterns in China: A Data-Driven Approach," Sustainability, MDPI, vol. 15(13), pages 1-18, June.
    2. Mateusz Jankiewicz, 2021. "The Convergence of Energy Use from Renewable Sources in the European Countries: Spatio-Temporal Approach," Energies, MDPI, vol. 14(24), pages 1-15, December.
    3. Cuijie Lu & Gaopeng Jiang & Xintong Zhang & Pan Li & Jie Li, 2023. "Evaluation of Energy Utilization Efficiency in the Yangtze River Economic Belt," Sustainability, MDPI, vol. 15(2), pages 1-18, January.
    4. Wang, Yongpei & Yan, Qing, 2023. "Is cleaner more efficient? Exploring nonlinear impacts of renewable energy deployment on regional total factor energy efficiency," Renewable Energy, Elsevier, vol. 216(C).
    5. Wang, Xipan & Song, Junnian & Xing, Jiahao & Duan, Haiyan & Wang, Xian'en, 2022. "System nexus consolidates coupling of regional water and energy efficiencies," Energy, Elsevier, vol. 256(C).
    6. Peng, Hua-Rong & Tan, Xiujie & Managi, Shunsuke & Taghizadeh-Hesary, Farhad, 2022. "Club convergence in energy efficiency of Belt and Road Initiative countries: The role of China’s outward foreign direct investment," Energy Policy, Elsevier, vol. 168(C).

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:renene:v:170:y:2021:i:c:p:785-795. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.journals.elsevier.com/renewable-energy .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.