Level of efficiency of the energy industry in EU countries
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F62156489%3A43110%2F24%3A43925732" target="_blank" >RIV/62156489:43110/24:43925732 - isvavai.cz</a>
Result on the web
<a href="https://mme2024.ujep.cz/wp-content/uploads/2024/10/MME_2024_Conference_Proceedings-Final.pdf" target="_blank" >https://mme2024.ujep.cz/wp-content/uploads/2024/10/MME_2024_Conference_Proceedings-Final.pdf</a>
DOI - Digital Object Identifier
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Alternative languages
Result language
angličtina
Original language name
Level of efficiency of the energy industry in EU countries
Original language description
This article compares the efficiency of companies in the energy sector in EU countries. The efficiency calculation is performed through data envelopment analysis method. The dataset includes accounting data (annual frequency) for a total of 3893 companies. The output variables represent the turnover of the company and also the net income of the company. The inputs include variables representing the capital factor and the labor factor. Empirical results show that the efficiency of this sector in EU countries is at a relatively high level (the average is around 75%). Countries such as Italy and Bulgaria have a significant share of efficient companies. Denmark, on the other hand, has the least. According to the average (and median values), companies in Estonia and Denmark performed very well. Both of these countries have a high share of renewable energy, which may have had a positive impact on their performance.
Czech name
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Czech description
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Classification
Type
D - Article in proceedings
CEP classification
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OECD FORD branch
50206 - Finance
Result continuities
Project
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Continuities
S - Specificky vyzkum na vysokych skolach
Others
Publication year
2024
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Data specific for result type
Article name in the collection
Mathematical Methods in Economics 2024: Proceedings
ISBN
978-80-7561-482-7
ISSN
2788-3965
e-ISSN
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Number of pages
6
Pages from-to
232-237
Publisher name
Česká společnost pro operační výzkum, z. s.
Place of publication
Praha
Event location
Ústí nad Labem
Event date
Sep 11, 2024
Type of event by nationality
WRD - Celosvětová akce
UT code for WoS article
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