Please use this identifier to cite or link to this item:
|Title:||Handling zero values in the logarithmic mean Divisia index decomposition approach||Authors:||Ang, B.W.
|Issue Date:||Jan-2007||Citation:||Ang, B.W., Liu, N. (2007-01). Handling zero values in the logarithmic mean Divisia index decomposition approach. Energy Policy 35 (1) : 238-246. ScholarBank@NUS Repository. https://doi.org/10.1016/j.enpol.2005.11.001||Abstract:||The Logarithmic Mean Divisia Index (LMDI) decomposition approach has many desirable properties. It has been recommended by Ang [2004a. Decomposition analysis for policymaking in energy: which is the preferred methods? Energy Policy 32, 1131-1139] for adoption in energy and energy-related environmental index decomposition analysis (IDA). A complication associated with this approach is the treatment of zero values in the data set. Several studies show that replacing the zero values with a small number gives converging results. In a recent paper, Wood and Lenzen [Zero-value problems of the logarithmic mean Divisia index decomposition method. Energy Policy, in press] argue that this strategy is not necessarily robust and recommend using the analytical limits proposed in Ang et al. [1998. Factorizing changes in energy and environmental indicators through decomposition. Energy 23, 489-495]. We compare these two strategies and extend earlier works by generalizing the analytical limits of LMDI. © 2005 Elsevier Ltd. All rights reserved.||Source Title:||Energy Policy||URI:||http://scholarbank.nus.edu.sg/handle/10635/87029||ISSN:||03014215||DOI:||10.1016/j.enpol.2005.11.001|
|Appears in Collections:||Staff Publications|
Show full item record
Files in This Item:
There are no files associated with this item.
checked on May 29, 2020
WEB OF SCIENCETM
checked on May 21, 2020
checked on May 31, 2020
Items in DSpace are protected by copyright, with all rights reserved, unless otherwise indicated.