The paper outlines and estimates a measure of underlying efficiency in electricity consumption for an unbalanced panel of 28 transition economies and 5 Western European OECD countries in the period 1994-2007, by estimating a Bayesian Generalized True Random Effects (GTRE) stochastic frontier model that estimates both persistent and transient inefficiency. The properties of alternative GTRE estimation methods in small samples are explored to guide the estimation strategy. The paper analyses the behaviour of underlying efficiency in electricity consumption in these economies after accounting for time-invariant technological differences. After outlining the specific characteristics of the transition economies and their heterogeneous structural economic changes, an aggregate electricity demand function is estimated to obtain efficiency scores that give new insights for transition economies than a simple analysis of energy intensity. There is some evidence of convergence between the CIS countries and a block of Eastern European and selected OECD countries, although other country groups do not follow this tendency, such as the Balkans.

中文翻译：

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转型经济体的能源效率

本文通过估算贝叶斯广义真实随机效应（GTRE）随机前沿模型，概述并估算了1994-2007年间由28个转型经济体和5个西欧经合组织国家组成的不平衡小组的基本用电效率度量。持续性和暂时性低效率。探索小样本中替代GTRE估计方法的性质，以指导估计策略。在考虑了时不变的技术差异之后，本文分析了这些经济体中基本的用电效率行为。在概述了转轨经济体的特定特征及其异质结构经济变化之后，与简单的能源强度分析相比，估计总的电力需求函数可获得效率得分，从而为转型经济提供新见解。有迹象表明，独联体国家与一些东欧国家和经合组织一些国家之间存在趋同关系，尽管巴尔干等其他国家集团并未遵循这一趋势。