Filippini, Massimo; Hunt, Lester C - Surrey Energy Economics Centre (SEEC), School of Economics - 2010
This paper attempts to estimate a panel ‘frontier’ whole economy aggregate energy demand function for 29 countries over … the period 1978 to 2006 using parametric stochastic frontier analysis (SFA). Consequently, unlike standard energy demand … econometric estimation, the energy efficiency of each country is also modelled and it is argued that this represents a measure of …