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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

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

  • Czech description

Classification

  • Type

    D - Article in proceedings

  • CEP classification

  • OECD FORD branch

    50206 - Finance

Result continuities

  • Project

  • 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

  • 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