- Journal of Research in Economics
- Vol: 6 Issue: 2
- INDEX DECOMPOSITION ANALYSIS AND ENERGY CONSUMPTION OF TURKEY: 2000-2014
INDEX DECOMPOSITION ANALYSIS AND ENERGY CONSUMPTION OF TURKEY: 2000-2014
Authors : Aynur Yilmaz Ataman
Pages : 107-134
View : 11 | Download : 4
Publication Date : 2022-10-15
Article Type : Research
Abstract :Index decomposition analysis (IDA) has been one of the important tools in energy and environmental studies in identifying the level of contribution of the driving factors of a change in an aggregate of interest during a time period or across different units such as countries or regions. Aiming to be an informative source for further studies conducted with this methodology, this paper provides a general review covering its historical development and mathematical formula. To see the contribution of economic growth, sectoral composition, and energy intensity to the energy consumption change in Turkey between 2000-2014, based on the energy and socio-economic accounts of the WIOD LMDI-I method is used as it is the most preferred IDA method due to its simplicity and ability to provide perfect decomposition.Keywords : Decomposition Analysis, Divisia Index, LMDI, Energy Consumption, Turkey