RESUMO
This paper proposes a differing methodology from the Brazilian Electricity Regulatory Agency on the efficiency estimation for the Brazilian electricity distribution sector. Our proposal combines robust state-space models and stochastic frontier analysis to measure the operational cost efficiency in a panel data set from 60 Brazilian electricity distribution utilities. The modeling joins the main literature in energy economics with advanced econometric and statistic techniques in order to estimate the efficiencies. Moreover, the suggested model is able to deal with changes in the inefficiencies across time whilst the Bayesian paradigm - through Markov chain Monte Carlo techniques - facilitates the inference on all unknowns. The method enables a significant degree of flexibility in the resultant efficiencies and a complete photography about the distribution sector.
RESUMO
The UN Sustainable Development Goals constitute a bench of directives with a universal scope to establish actions to mitigate poverty and protect the environment. Benefiting from the Environmental-Economic Accounting for Water recently published in Brazil, it is possible to harmonize the demand of water and the economic sectors. To this end, this study conducted an input-output analysis and structural decomposition analysis to explore the water consumption of the Brazilian Economy and its driving forces during an unprecedented drought and economic recession between 2013 and 2015. The results indicate that the total variation of the water consumption in the period is 15%. Between 2013 and 2014, the total effect was positive, causing an increase of 45% in the embodied water consumption, having as main driver the final demand and the intensity effect. In the second period, the total intensity effect was negative, provoking a decrease of -10% in the total water consumption. The "Agriculture, livestock, forestry and fishing" is the main sector responsible for these positive and negative results, while the "Energy and gas natural supply" sector has a strategic position to avoid a structural increase on the economic water demand.
