oai:RePEc:eee:enepol:v:37:y:2009:i:10:p:4098-41032009-12-16T15:08:11ZPUB
Bootstrapped efficiency measures of oil blocks in Angolahttp://www.sciencedirect.com/science/article/B6V2W-4WH0JWG-1/2/4b279c4b699f1a79945c487239216867Barros, C.P.Assaf, A.This paper investigates the technical efficiency of Angola oil blocks over the period 2002-2007. A double bootstrap data envelopment analysis (DEA) model is adopted composed in the first stage of a DEA-variable returns to scale (VRS) model and then followed in the second stage by a bootstrapped truncated regression. Results showed that on average, the technical efficiency has fluctuated over the period of study, but deep and ultradeep oil blocks have generally maintained a consistent efficiency level. Policy implications are derived.Angola oil blocks Technical efficiency Policy implicationsarticleRePEc:eee:enepol:v:37:y:2009:i:10:p:4098-4103http://oai.repec.openlib.org/oai:RePEc:eee:enepol:v:37:y:2009:i:10:p:4098-41032009-09-17T00:00:00Zhttp://www.openarchives.org/OAI/2.0/oai_dc/