Analysis of the variation of the efficiency in the production of biofuels in Latin America - ScienceDirect

PLANTABAJAJEREZ

PLANTABAJAJEREZ

Abstract

This research article aims to measure the efficiency variations of biofuel producing countries in Latin America. The non-parametric methodology of data envelopment analysis (DEA) was used to calculate the efficiency frontier of Brazil, Colombia, Argentina, Ecuador, Mexico, Paraguay, Peru, Bolivia and Uruguay. The information analyzed was obtained from the FAOSTAT database in 2010. The results showed the leadership of Peru and Brazil, with efficiencies equal to 1 in the production of biodiesel and bioethanol. Of the 9 countries analyzed, 7 had low levels of efficiency in the production of biofuels and only one (Paraguay) showed average efficiency in the manufacture of bioethanol.

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PLANTABAJAJEREZ
PLANTABAJAJEREZ @plantabaja_jere

This research article has as objective to carry out the measurement of changes in efficiency of the biofuel producers in Latin America. The methodology was used non-parametric data envelopment analysis (DEA), allowing to compute the efficient frontier of the countries Brazil, Colombia, Argentina, Ecuador, Mexico, Paraguay, Peru, Bolivia and Uruguay. The results showed the leadership of Peru and Brazil with efficiencies equal to 1 in the production of biodiesel and bioethanol. Of the 9 countries analyzed, 7 had low levels of efficiency in the production of biofuels and only one (Paraguay), showed average efficiency in the manufacture of bioethanol.

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© 2016 ICESI University. Published by Elsevier España, S.L.U.

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