We present a method for decomposing industrial energy demand using the Divisia approach. This method involves decomposition of the aggregate energy-intensity index measured in terms of energy consumption per unit output. The factors considered are changes in production structure and sectoral...

Since improved thermal efficiency reduces capacity requirements and energy costs, electricity producers often treat thermal efficiency as a measure of management or economic performance. The conventional measure of the thermal efficiency of a fossil-fuel generation system is the ratio of total...

In this paper we extend the methodology of index decomposition analysis (IDA) in energy studies by quantifying the contribution of individual attributes to the percent change of factors such as the real energy intensity index and structural change index. We apply the proposed method to the real...

This paper investigates herding behavior and the connection between herding behavior and investor sentiment. We apply a Cross-Sectional Absolute Deviation (CSAD) approach and the quantile regression method to capture herding behavior in the KOSPI and KOSDAQ stock markets. The analysis results...