Factors Influencing Changes In Aggregate Energy Consumption. An European Cross-Country Analysis
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1
Universidad de Oviedo
info
ISSN: 1578-4460
Año de publicación: 2013
Volumen: 13
Número: 2
Páginas: 19-30
Tipo: Artículo
Otras publicaciones en: Estudios Economicos Regionales y Sectoriales : EERS: Regional and sectoral economic studies : RSES
Resumen
A number of previous papers have proposed index-based methods to decompose the change of an aggregate indicator into a series of predefined factors. These approaches range from classical techniques, including Laspeyres/Paasche index-based weighting schemes, to more refined proposals. In this paper we outline and apply a refined method (so-called LMDI), which is exhaustive and uses logarithmic mean weighting. The LMDI framework is then used to decompose the variation of aggregate energy consumption in the EU-27 countries. The decomposition is carried out into three factors, namely, activity, structural and intensity.
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