In a recent study, Ang (Energy Policy 32 (2004)) compared various index decomposition analysis methods and concluded that the logarithmic mean Divisia index method is the preferred method. Since the literature on the method tends to be either too technical or specific for most potential users, this paper provides a practical guide that includes the general formulation process, summary tables for easy reference and examples.
As a follow-up to the study by Ang (2004), this paper gives a practical guide to the LMDI decomposition approach. It will be useful to practitioners interested in adopting the approach. We summarise the general and specific LMDI formulae for ease of reference, and present two examples using real data. Some application issues are also dealt with.
If you are interested in this articles, you can download the article through the download page using the link below, PDF file and Word file are provided.
As a follow-up to the study by Ang (2004), this paper gives a practical guide to the LMDI decomposition approach. It will be useful to practitioners interested in adopting the approach. We summarise the general and specific LMDI formulae for ease of reference, and present two examples using real data. Some application issues are also dealt with.
If you are interested in this articles, you can download the article through the download page using the link below, PDF file and Word file are provided.
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