On dimensions of ecological economics
A recent paper (Ecological Economics 69, 2010, pp. 1604–1609) has addressed the issues of dimensional homogeneity of equations and non-linear transformations of variables in economic and ecological economic models. The authors argued that logarithmic transformation cannot be used when variables are dimensional, presented several examples of purportedly incorrect use in applied economics and ecological economics publications, and concluded that these applications “make no sense.”
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- Mayumi, Kozo & Giampietro, Mario, 2010. "Dimensions and logarithmic function in economics: A short critical analysis," Ecological Economics, Elsevier, vol. 69(8), pages 1604-1609, June.
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rwp03-038, Harvard University, John F. Kennedy School of Government.
- Jeffrey A. Frankel & Andrew K. Rose, 2005. "Is Trade Good or Bad for the Environment? Sorting Out the Causality," The Review of Economics and Statistics, MIT Press, vol. 87(1), pages 85-91, February.
- Jeffrey A. Frankel & Andrew K. Rose, 2002. "Is Trade Good or Bad for the Environment? Sorting Out the Causality," NBER Working Papers 9201, National Bureau of Economic Research, Inc.
- Jevons, William Stanley, 1871. "The Theory of Political Economy," History of Economic Thought Books, McMaster University Archive for the History of Economic Thought, number jevons1871.
- Richmond, Amy K. & Kaufmann, Robert K., 2006. "Is there a turning point in the relationship between income and energy use and/or carbon emissions?," Ecological Economics, Elsevier, vol. 56(2), pages 176-189, February.
- Johnson, Craig G., 1972. "Dimensional Analysis and the Interpretation of Regression Coefficients," Journal of Financial and Quantitative Analysis, Cambridge University Press, vol. 7(01), pages 1399-1406, January.
- York, Richard & Rosa, Eugene A. & Dietz, Thomas, 2003. "STIRPAT, IPAT and ImPACT: analytic tools for unpacking the driving forces of environmental impacts," Ecological Economics, Elsevier, vol. 46(3), pages 351-365, October.
- Peter-J Jost, 2011. "The Economics of Organization and Coordination," Books, Edward Elgar Publishing, number 13332, June.
- Shone,Ronald, 2002. "Economic Dynamics," Cambridge Books, Cambridge University Press, number 9780521017039, December.
- Ewing, Reid H., 1973. "Introducing dimensional analysis to the social sciences," Socio-Economic Planning Sciences, Elsevier, vol. 7(5), pages 533-543, October.
- Jesus Felipe, 1998. "On the interpretation of coefficients in multiplicative-logarithmic functions: a reconsideration," Applied Economics Letters, Taylor & Francis Journals, vol. 5(6), pages 397-400.
- Morse, Stephen, 2006. "Making development simple. The genetic deterministic hypothesis for economic development," Ecological Economics, Elsevier, vol. 56(1), pages 79-88, January.
- Ernest Adams & Robert Fagot & Richard Robinson, 1965. "A theory of appropriate statistics," Psychometrika, Springer;The Psychometric Society, vol. 30(2), pages 99-127, June.
- Stern, David I., 2010. "Between estimates of the emissions-income elasticity," Ecological Economics, Elsevier, vol. 69(11), pages 2173-2182, September.
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