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On dimensions of ecological economics

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  • Baiocchi, Giovanni

Abstract

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.”

Suggested Citation

  • Baiocchi, Giovanni, 2012. "On dimensions of ecological economics," Ecological Economics, Elsevier, vol. 75(C), pages 1-9.
    • Handle: RePEc:eee:ecolec:v:75:y:2012:i:c:p:1-9
    DOI: 10.1016/j.ecolecon.2012.01.016
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