Bootstrapped efficiency measures of oil blocks in Angola
This paper investigates the technical efficiency of Angola oil blocks over the period 2002-2007. A double bootstrap data envelopment analysis (DEA) model is adopted composed in the first stage of a DEA-variable returns to scale (VRS) model and then followed in the second stage by a bootstrapped truncated regression. Results showed that on average, the technical efficiency has fluctuated over the period of study, but deep and ultradeep oil blocks have generally maintained a consistent efficiency level. Policy implications are derived.
Year of publication: |
2009
|
---|---|
Authors: | Barros, C.P. ; Assaf, A. |
Published in: |
Energy Policy. - Elsevier, ISSN 0301-4215. - Vol. 37.2009, 10, p. 4098-4103
|
Publisher: |
Elsevier |
Keywords: | Angola oil blocks Technical efficiency Policy implications |
Saved in:
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