Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/201201 
Year of Publication: 
2014
Series/Report no.: 
Department of Economic Policy Working Paper Series No. 7
Publisher: 
University of Economics in Bratislava, Department of Economic Policy, Bratislava
Abstract: 
There has been a lively discussion about measures of social welfare beyond GDP induced by Stiglitz Report (Stiglitz et al, 2009) which can be viewed as a summation of the earlier efforts to deal with those challenges. Environmental indicators constitute one important dimension to be taken into account in assessing the welfare along with the economic and social indicators. Employing non-parametrical approach, the Data Envelopment Analysis SBM model is extended for environment to measure the so called eco-efficiency. Resulting scores and benchmarks are used to decompose eco-productivity into factors attributable to changes in efficiency, technology, extensive factors of production, and emissions. Results suggest that in European countries in the span 2000 – 2010, an environment-saving rather than input-saving technology change has been taking place.
Subjects: 
eco-efficiency
data envelopment analysis
beyond GDP
decomposition
JEL: 
C43
C61
O47
Document Type: 
Working Paper

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