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The aim of this paper is to examine the existence and direction of the causal relationship between energy consumption and output growth for Indian cement industry for the period 1979-80 to 2004-05. The most recently developed panel unit root, heterogeneous panel cointegration and panel-based error correction models have been applied in a multivariate framework including capital stock, labor, and material other than energy and output. The empirical results confirm ...
Energy Use Efficiency in Indian Cement Industry: Application of Data Envelopment Analysis and Directional Distance Function
The present paper aims at measuring energy use efficiency in Indian cement industry and estimating the factors explaining inter-firm variations in energy use efficiency. Within the framework of production theory, Data Envelopment Analysis (DEA) and directional distance function (DDF) have been used to measure energy use efficiency. Using data from electronic CMIE PROWESS data base for the years 1989-90 through 2006-07, the study first estimates energy ...