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Data Envelopment Analysis in Energy and Environmental Economics: An Overview of the State-of-the-Art and Recent Development Trends

Author

Listed:
  • Abbas Mardani

    (Department of Business Administration, Azman Hashim International Business School, Universiti Teknologi Malaysia (UTM), Skudai Johor 81310, Malaysia)

  • Dalia Streimikiene

    (Lithuanian Institute of Agricultural Economics, V. Kudirkos g. 18, Vilnius 01113, Lithuania)

  • Tomas Balezentis

    (Lithuanian Institute of Agricultural Economics, V. Kudirkos g. 18, Vilnius 01113, Lithuania)

  • Muhamad Zameri Mat Saman

    (Department of Manufacturing & Industrial Engineering, School of Mechanical Engineering, Faculty of Engineering, Universiti Teknologi Malaysia (UTM), Johor 81310, Malaysia)

  • Khalil Md Nor

    (Department of Business Administration, Azman Hashim International Business School, Universiti Teknologi Malaysia (UTM), Skudai Johor 81310, Malaysia)

  • Seyed Meysam Khoshnava

    (UTM Construction Research Centre, Institute for Smart Infrastructure and Innovative Construction, School of Civil Engineering, Faculty of Engineering, Universiti Teknologi Malaysia (UTM), Johor 81310, Malaysia)

Abstract
Measurement of environmental and energy economics presents an analytical foundation for environmental decision making and policy analysis. Applications of data envelopment analysis (DEA) models in the assessment of environmental and energy economics are increasing notably. The main objective of this review paper is to provide the comprehensive overview of the application of DEA models in the fields of environmental and energy economics. In this regard, a total 145 articles published in the high-quality international journals extracted from two important databases (Web of Science and Scopus) were selected for review. The 145 selected articles are reviewed and classified based on different criteria including author(s), application scheme, different DEA models, application fields, the name of journals and year of publication. This review article provided insights into the methodological and conceptualization study in the application of DEA models in the environmental and energy economics fields. This study should enable scholars and practitioners to understand the state of art of input and output indicators of DEA in the fields of environmental and energy economics.

Suggested Citation

  • Abbas Mardani & Dalia Streimikiene & Tomas Balezentis & Muhamad Zameri Mat Saman & Khalil Md Nor & Seyed Meysam Khoshnava, 2018. "Data Envelopment Analysis in Energy and Environmental Economics: An Overview of the State-of-the-Art and Recent Development Trends," Energies, MDPI, vol. 11(8), pages 1-21, August.
    • Handle: RePEc:gam:jeners:v:11:y:2018:i:8:p:2002-:d:161344
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