Decision Sciences
a year ago

New Methodology Revealed for Assessing Eco-Efficiency in Environmental and Economic Fields

1 view
Lecture notes in economics and mathematical systems
Stochastic Frontier Analysis: A Review and Synthesis
Mara Madaleno, Víctor Moutinho

Paper Summary

The article discusses Stochastic Frontier Models (SFA) for assessing Eco-Efficiency (EE) in environmental and economic fields. SFA is compared to Data Envelopment Analysis (DEA) for efficiency assessment, with SFA being favored for its ease of use in ranking EE and identifying determinants.

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