Estimating the economic determinants of technical efficiency of bBioenergy in EU-28: an application of tobit analysis

This study identified the effects of economic factors on technical efficiency (TE) rate in the bio-energy section for the European Union zone (EU-28). A Tobit framework estimation was used to investigate the economic factors of TE rate in the bio-energy sector for the EU-28 zone during the period am...

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Main Authors: Mohamed Alsaleh, Abdul Rahim, A. S.
Format: Article
Published: Conscientia Beam 2019
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author Mohamed Alsaleh
Abdul Rahim, A. S.
author_facet Mohamed Alsaleh
Abdul Rahim, A. S.
author_sort Mohamed Alsaleh
collection UPM
description This study identified the effects of economic factors on technical efficiency (TE) rate in the bio-energy section for the European Union zone (EU-28). A Tobit framework estimation was used to investigate the economic factors of TE rate in the bio-energy sector for the EU-28 zone during the period among 1990 through 2013. The findings point that economic determinants have a significant impact on TE rate of the bio-energy sector in the EU-28 countries. The empirical findings suggest that labor input and gross domestic product (GDP) significantly affected the TE of the bio-energy sector in the EU-28 zone through the duration of this paper. The results obviously inviting governors and politicians to investigate the TE rate of the bio-energy sector within the EU-28 zone. This paper gives further facts and details to the senates of the bio-energy sectors, as they require to get a further comprehension of the impact TE has on bio-energy production execution. In addition, the findings of this paper have suggestions for financiers who concentrates significantly on revenues from their direct-investments.
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spelling upm.eprints-797272022-10-31T01:49:03Z http://psasir.upm.edu.my/id/eprint/79727/ Estimating the economic determinants of technical efficiency of bBioenergy in EU-28: an application of tobit analysis Mohamed Alsaleh Abdul Rahim, A. S. This study identified the effects of economic factors on technical efficiency (TE) rate in the bio-energy section for the European Union zone (EU-28). A Tobit framework estimation was used to investigate the economic factors of TE rate in the bio-energy sector for the EU-28 zone during the period among 1990 through 2013. The findings point that economic determinants have a significant impact on TE rate of the bio-energy sector in the EU-28 countries. The empirical findings suggest that labor input and gross domestic product (GDP) significantly affected the TE of the bio-energy sector in the EU-28 zone through the duration of this paper. The results obviously inviting governors and politicians to investigate the TE rate of the bio-energy sector within the EU-28 zone. This paper gives further facts and details to the senates of the bio-energy sectors, as they require to get a further comprehension of the impact TE has on bio-energy production execution. In addition, the findings of this paper have suggestions for financiers who concentrates significantly on revenues from their direct-investments. Conscientia Beam 2019 Article PeerReviewed Mohamed Alsaleh and Abdul Rahim, A. S. (2019) Estimating the economic determinants of technical efficiency of bBioenergy in EU-28: an application of tobit analysis. Journal of Social Economics Research, 6 (2). pp. 97-105. ISSN 2312-6329; ESSN: 2312-6264 https://archive.conscientiabeam.com/index.php/35/article/view/1340 10.18488/journal.35.2019.62.97.105
spellingShingle Mohamed Alsaleh
Abdul Rahim, A. S.
Estimating the economic determinants of technical efficiency of bBioenergy in EU-28: an application of tobit analysis
title Estimating the economic determinants of technical efficiency of bBioenergy in EU-28: an application of tobit analysis
title_full Estimating the economic determinants of technical efficiency of bBioenergy in EU-28: an application of tobit analysis
title_fullStr Estimating the economic determinants of technical efficiency of bBioenergy in EU-28: an application of tobit analysis
title_full_unstemmed Estimating the economic determinants of technical efficiency of bBioenergy in EU-28: an application of tobit analysis
title_short Estimating the economic determinants of technical efficiency of bBioenergy in EU-28: an application of tobit analysis
title_sort estimating the economic determinants of technical efficiency of bbioenergy in eu 28 an application of tobit analysis
work_keys_str_mv AT mohamedalsaleh estimatingtheeconomicdeterminantsoftechnicalefficiencyofbbioenergyineu28anapplicationoftobitanalysis
AT abdulrahimas estimatingtheeconomicdeterminantsoftechnicalefficiencyofbbioenergyineu28anapplicationoftobitanalysis