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Dr Oleg Badunenko
Senior Lecturer in Economics and Finance


Personal website:

Current verion of CV is here

I was appointed as a senior lecturer at Economics and Finance department in College of Business, Arts and Social Sciences at Brunel University London in December 2019. Before joining Brunel University London, I worked as a research associate at the German Institute for Economics Research (DIW-Berlin), Assistant Professor at the University of Cologne, and Senior Lecturer at University of Portsmouth. My primary research areas parametric and nonparametric efficiency and productivity measurement. Additionally, I am interested in analysing world-wide polarization and inequality, drivers of individual and aggregate competitiveness and well-being.


2007: Ph.D. in Economics, European University Viadrina, Germany

2003: M.A. in Economics, Kyiv School of Economics, Ukraine

2001: B.A. in Economics, Kyiv-Mohyla Academy, Ukraine.

Newest selected publications

Badunenko, O. and Henderson, DJ. (2023) 'Production analysis with asymmetric noise'. Journal of Productivity Analysis, 0 (ahead of print). pp. 1 - 18. ISSN: 0895-562X Open Access Link

Journal article

Badunenko, O., D’Inverno, G. and De Witte, K. (2023) 'On distinguishing the direct causal effect of an intervention from its efficiency-enhancing effects'. European Journal of Operational Research, 310 (1). pp. 432 - 447. ISSN: 0377-2217 Open Access Link

Journal article

Badunenko, O., Galeotti, M. and Hunt, LC. (2023) 'Better to grow or better to improve? Measuring environmental efficiency in OECD countries with a stochastic environmental Kuznets frontier (SEKF)'. Energy Economics, 121. pp. 1 - 15. ISSN: 0140-9883 Open Access Link

Journal article

Kumbhakar, SC., Badunenko, O. and Willox, M. (2022) 'Do Carbon Taxes Affect Economic and Environmental Efficiency? The Case of British Columbia’s Manufacturing Plants'. Energy Economics, 115. pp. 1 - 12. ISSN: 0140-9883

Journal article

Badunenko, O., Dadoukis, A., Fusi, G. and Simper, R. (2021) 'The Impact of Efficiency on Asset Quality in Banking'. European Journal of Finance, 28 (6). pp. 596 - 620. ISSN: 1351-847X

Journal article
More publications(26)