Factors Influencing Changes In Aggregate Energy Consumption. An European Cross-Country Analysis

• P. Fernández-González ^[1] ; M. Landajo ^[1] ; M.J. Presno ^[1]
  1. [1] Universidad de Oviedo

     Universidad de Oviedo

     Oviedo, España

     
• Localización: Estudios Economicos Regionales y Sectoriales : EERS: Regional and sectoral economic studies : RSES, ISSN 1578-4460, Vol. 13, Nº. 2, 2013, págs. 19-30
• Idioma: inglés
• Enlaces
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• 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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