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Standard of living in the countries of Europe and the European Union on the basis of Actual Individual Consumption per capita

Author

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  • Anna Murawska

    (University of Technology and Life Sciences)

Abstract

Issues related to the standard of living are key aspects of regional policy and social development strategies. The standard of living is synonymous with the terms being, quality of life and well-being. For many years, the basic measure of the standard of living was GDP per capita. In 2012, Eurostat published a new alternative measure standard of living, which is the actual individual consumption per capita, expressed in purchasing power standards. The article presents the standard of living of the population and its spatial variation in the countries of Europe and the European Union. The aim of the study was to show the differences in standards of living, depending on the index used, namely the traditional GDP per capita, and the new AIC per capita.

Suggested Citation

  • Anna Murawska, 2013. "Standard of living in the countries of Europe and the European Union on the basis of Actual Individual Consumption per capita," Ekonomia i Prawo, Uniwersytet Mikolaja Kopernika, vol. 12(3), pages 399-412, September.
  • Handle: RePEc:cpn:umkeip:v:12:y:2013:i:3:p:399-412
    DOI: 10.12775/EiP.2013.030
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    File URL: http://dx.doi.org/10.12775/EiP.2013.030
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    Cited by:

    1. Agnieszka Sompolska-Rzechula & Agnieszka Kurdys-Kujawska, 2020. "Quality of Life of Rural and Urban Population in Poland: Evaluation and Comparison," European Research Studies Journal, European Research Studies Journal, vol. 0(3), pages 645-656.

    More about this item

    Keywords

    standard of living; gross domestic product; actual individual consumption; Europe; European Union; diversity;
    All these keywords.

    JEL classification:

    • O47 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Empirical Studies of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence
    • O11 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Macroeconomic Analyses of Economic Development
    • I31 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - General Welfare, Well-Being

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