Hampf, Benjamin ; Krüger, Jens (2013):
Optimal Directions for Directional Distance Functions:
An Exploration of Potential Reductions of
Greenhouse Gases.
In: Darmstadt Discussion Papers in Economics, 216, Darmstadt, [Report]
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Item Type: | Report |
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Title: | Optimal Directions for Directional Distance Functions: An Exploration of Potential Reductions of Greenhouse Gases |
Language: | English |
Abstract: | This study explores the reduction potential of greenhouse gases for major pollution emitting countries of the world using nonparametric productivity measurement methods and directional distance functions. In contrast to the existing literature we apply optimization methods to endogenously determine optimal directions for the efficiency analysis. These directions represent the compromise of output enhancement and emissions reduction. The results show that for reasonable directions the adoption of best-practices would lead to sizable emission reductions in a range of about 20 percent compared to current levels. |
Series: | Darmstadt Discussion Papers in Economics |
Series Volume: | 216 |
Place of Publication: | Darmstadt |
Uncontrolled Keywords: | climate policy, nonparametric frontier functions, directional distance functions |
Classification DDC: | 300 Sozialwissenschaften > 330 Wirtschaft |
Divisions: | 01 Department of Law and Economics 01 Department of Law and Economics > Volkswirtschaftliche Fachgebiete > Emprical Economics 01 Department of Law and Economics > Volkswirtschaftliche Fachgebiete |
Date Deposited: | 12 Mar 2013 13:46 |
Last Modified: | 26 Jan 2016 14:43 |
URN: | urn:nbn:de:tuda-tuprints-47100 |
Additional Information: | JEL classification: C14, D24, Q54 |
URI: | https://tuprints.ulb.tu-darmstadt.de/id/eprint/4710 |
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