Stern, David I. - In: Energy Economics 34 (2012) 6, pp. 2200-2208
I use a stochastic production frontier to model energy efficiency trends in 85 countries over a 37-year period …. Differences in energy efficiency across countries are modeled as a stochastic function of explanatory variables and I estimate the …. Energy efficiency is measured using a new energy distance function approach. The country using the least energy per unit …