Data Envelopment Analysis in Energy and Environmental Economics: An Overview of the State-of-the-Art and Recent Development Trends

Abstract

Measurement of environmental and energy economics presents an analytical foundation for environmental decision making and policy analysis. Applications of data envelopment analysis (DEA) models in the assessment of environmental and energy economics are increasing notably. The main objective of this review paper is to provide the comprehensive overview of the application of DEA models in the fields of environmental and energy economics. In this regard, a total 145 articles published in the high-quality international journals extracted from two important databases (Web of Science and Scopus) were selected for review. The 145 selected articles are reviewed and classified based on different criteria including author(s), application scheme, different DEA models, application fields, the name of journals and year of publication. This review article provided insights into the methodological and conceptualization study in the application of DEA models in the environmental and energy economics fields. This study should enable scholars and practitioners to understand the state of art of input and output indicators of DEA in the fields of environmental and energy economics.