Productivity assessment of Angola's oil blocks

Carlos Pestana Barros, Shunsuke Managi

Research output: Contribution to journalArticlepeer-review

10 Citations (Scopus)

Abstract

This paper analyzes the change in productivity as a result of Angola oil policy from 2001 to 2007. Angola oil blocks are the main source of tax receipts and, therefore, strategically important for public finances. A Malmquist index with the input technological bias is applied to measure productivity change. Oil blocks on average became both more efficient and experienced technological progress. Our results indicate that the traditional growth accounting method, which assumes Hicks neutral technological change, is not appropriate for analyzing changes in productivity for Angola oil blocks. Policy implications are derived.

Original languageEnglish
Pages (from-to)2009-2015
Number of pages7
JournalEnergy
Volume34
Issue number11
DOIs
Publication statusPublished - Nov 2009
Externally publishedYes

All Science Journal Classification (ASJC) codes

  • General Energy
  • Mechanical Engineering
  • Pollution
  • Energy Engineering and Power Technology
  • Electrical and Electronic Engineering
  • Industrial and Manufacturing Engineering
  • Management, Monitoring, Policy and Law
  • Building and Construction
  • Fuel Technology
  • Renewable Energy, Sustainability and the Environment
  • Civil and Structural Engineering
  • Modelling and Simulation

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