Electricity generation and economic efficiency: Panel data evidence from World and East Asian countries. Global Economic Review 38(3): 251-263, 2009. In common with N. Tzeremes

Electricity generation and economic efficiency: Panel data evidence from World and East Asian countries. Global Economic Review 38(3): 251-263. (SCOPUS, EconLit, ISI Listed. Impact factor: 0.273 and 5-year: 0.560). In common with N. Tzeremes (2009).

This paper investigates the effect of electricity generation on countries’ economic efficiency. By using a sample of 42 World and East Asian countries for the time period of 1996-2006 the paper employs DEA window analysis and econometric panel techniques. The results reveal that there is an inverted U-shape relationship between electricity generation and countries’ economic efficiency. Finally, the turning point for the European countries is much smaller compared to the one of East Asian countries indicating that the European countries shift in energy use from electricity to other sources of energy. In addition the electricity generation –economic efficiency relationship depends also on the structure of the economy.