Comparative study on efficiency performance of listed coal mining companies in China and the US
Creators
- 1. School of Economics and Management, Beijing University of Aeronautics and Astronautics, Beijing 100083 (China)
- 2. Leeds Business School, Leeds Metropolitan University, Leeds, LS1 3ED (United Kingdom)
- 3. Deloitte Touche Tohmatsu LLP (United Kingdom)
Description
Continually rising energy prices in global markets highlights a serious concern about the need to improve energy efficiency and the efficiency in energy sector in many countries. China, as one of the fastest growing countries in the world and the largest coal producer, has high coal consumption but a low recovery rate of coal utilization. Coal efficiency and the efficiency in coal industry have therefore attracted a great deal of attention from Chinese policy makers, coal firms and academics. This study attempts to compare the relative technical efficiency performance of listed coal mining companies in China and the US using CCR and BCC models in the advanced DEA linear programming. The results show that the level of relative efficiency in Chinese coal mining enterprises, regardless of total technical efficiency or decomposed pure technical and scale efficiency, is much lower than in American coal firms. The study also highlights the input resources that cause the inefficiency of Chinese coal mining companies. Furthermore, in-depth discussion and analysis of how the institutional environments of the two countries could cause the differences are provided.
Availability note (English)
Available from http://dx.doi.org/10.1016/j.enpol.2009.07.027Additional details
Identifiers
- DOI
- 10.1016/j.enpol.2009.07.027;
- PII
- S0301-4215(09)00542-4;
Publishing Information
- Journal Title
- Energy Policy
- Journal Volume
- 37
- Journal Issue
- 12
- Journal Page Range
- p. 5140-5148
- ISSN
- 0301-4215
- CODEN
- ENPYAC
INIS
- Country of Publication
- United Kingdom
- Country of Input or Organization
- International Atomic Energy Agency (IAEA)
- INIS RN
- 41098129
- Subject category
- S29: ENERGY PLANNING, POLICY AND ECONOMY;
- Descriptors DEI
- CHINA; COAL INDUSTRY; COAL MINING; COMPARATIVE EVALUATIONS; ENERGY EFFICIENCY; LAND RESOURCES; LINEAR PROGRAMMING; MARKET; PERFORMANCE; PRICES; USA
- Descriptors DEC
- ASIA; CALCULATION METHODS; DEVELOPED COUNTRIES; EFFICIENCY; EVALUATION; INDUSTRY; MINING; NORTH AMERICA; RESOURCES
Optional Information
- Copyright
- Copyright (c) 2009 Elsevier Science B.V., Amsterdam, The Netherlands, All rights reserved.