IDEAS home Printed from https://ideas.repec.org/a/gam/jeners/v14y2021i16p4990-d614345.html
   My bibliography  Save this article

Assessment of the Europe 2020 Strategy: A Multidimensional Indicator Analysis via Dynamic Relative Taxonomy

Author

Listed:
  • Marek Walesiak

    (Department of Econometrics and Computer Science, Wroclaw University of Economics and Business, 53-345 Wroclaw, Poland)

  • Grażyna Dehnel

    (Department of Statistics, Poznan University of Economics and Business, 61-875 Poznan, Poland)

  • Marek Obrębalski

    (Department of Regional Economy, Wroclaw University of Economics and Business, 53-345 Wroclaw, Poland)

Abstract

Since 2010, the European Union countries have been implementing the objectives of the Europe 2020 Strategy aimed at smart, sustainable, and inclusive growth. The Strategy formulates nine indicators that are systematically monitored and assessed. Not all the indicators of the Europe 2020 Strategy could be used in the analysis in a direct way. Due to the limited availability and comparability of statistical data, this problem is presented in detail in part 2 of the article. The assessment of the achievement level of the Europe 2020 Strategy targets, both at the level of the entire European Union (the EU-level targets approach) and its individual Member States (the national-level targets approach) is the primary research purpose of the study. The composite index proposed and constructed on the basis of a dynamic relative taxonomy was used in the conducted research to present the diversified distance of the individual European Union countries in relation to the EU-level targets as well as the national-level targets of the Europe 2020 Strategy. The research methodology allows conducting the analysis taking into account the missing data. Most methods of ordering objects based on aggregate measures are compensatory in nature. This problem was significantly reduced by taking into account the geometric mean in the construction of the aggregate measure. The research findings revealed that in the years 2010–2019 an ongoing improvement in the implementation of both the EU and the national targets of the Europe 2020 Strategy was observed. In addition, the differences existing between the European Union Member States were reduced. However, none of the countries achieved the EU-level targets. Their highest implementation level was recorded in Denmark, Sweden, Austria, and Finland. The achievement level of the strategic goals regarding the national-level targets was influenced by the choice of one of the two approaches indicated in the study and adopted by the individual EU Member States in determining the set target values of the indicators, i.e., either prudential or optimistic.

Suggested Citation

  • Marek Walesiak & Grażyna Dehnel & Marek Obrębalski, 2021. "Assessment of the Europe 2020 Strategy: A Multidimensional Indicator Analysis via Dynamic Relative Taxonomy," Energies, MDPI, vol. 14(16), pages 1-20, August.
    • Handle: RePEc:gam:jeners:v:14:y:2021:i:16:p:4990-:d:614345
    as

    Download full text from publisher

    File URL: https://www.mdpi.com/1996-1073/14/16/4990/pdf
    Download Restriction: no
    File URL: https://www.mdpi.com/1996-1073/14/16/4990/
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Paolo Paruolo & Michaela Saisana & Andrea Saltelli, 2013. "Ratings and rankings: voodoo or science?," Journal of the Royal Statistical Society Series A, Royal Statistical Society, vol. 176(3), pages 609-634, June.
    2. Pasimeni, Paolo, 2011. "Measuring Europe 2020: a new tool to assess the strategy," MPRA Paper 53508, University Library of Munich, Germany, revised 02 Mar 2012.
    3. Gabor Rappai, 2016. "Europe En Route to 2020: A New Way of Evaluating the Overall Fulfillment of the Europe 2020 Strategic Goals," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 129(1), pages 77-93, October.
    4. Natàlia Caldés & Pablo Del Río & Yolanda Lechón & Agime Gerbeti, 2018. "Renewable Energy Cooperation in Europe: What Next? Drivers and Barriers to the Use of Cooperation Mechanisms," Energies, MDPI, vol. 12(1), pages 1-22, December.
    5. Adam P. Balcerzak, 2015. "Europe 2020 Strategy and Structural Diversity Between Old and New Member States. Application of zero-unitarizatin method for dynamic analysis in the years 2004-2013," Working Papers 122/2015, Institute of Economic Research, revised Apr 2015.
    6. Van Puyenbroeck, Tom & Rogge, Nicky, 2017. "Geometric mean quantity index numbers with Benefit-of-the-Doubt weights," European Journal of Operational Research, Elsevier, vol. 256(3), pages 1004-1014.
    7. Barnabé Walheer, 2018. "Decomposing the Europe 2020 Index," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 140(3), pages 875-905, December.
    8. Szopik-Depczyńska, Katarzyna & Cheba, Katarzyna & Bąk, Iwona & Kiba-Janiak, Maja & Saniuk, Sebastian & Dembińska, Izabela & Ioppolo, Giuseppe, 2017. "The application of relative taxonomy to the study of disproportions in the area of sustainable development of the European Union," Land Use Policy, Elsevier, vol. 68(C), pages 481-491.
    9. Mehmet Çolak & Aylin Ege, 2013. "An Assessment of EU 2020 Strategy: Too Far to Reach?," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 110(2), pages 659-680, January.
    10. Michela Nardo & Michaela Saisana & Andrea Saltelli & Stefano Tarantola & Anders Hoffman & Enrico Giovannini, 2005. "Handbook on Constructing Composite Indicators: Methodology and User Guide," OECD Statistics Working Papers 2005/3, OECD Publishing.
    11. Rogge, Nicky, 2019. "EU countries’ progress towards ‘Europe 2020 strategy targets’," Journal of Policy Modeling, Elsevier, vol. 41(2), pages 255-272.
    12. Paolo Pasimeni, 2013. "The Europe 2020 Index," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 110(2), pages 613-635, January.
    13. Małgorzata Stec & Mariola Grzebyk, 2018. "The implementation of the Strategy Europe 2020 objectives in European Union countries: the concept analysis and statistical evaluation," Quality & Quantity: International Journal of Methodology, Springer, vol. 52(1), pages 119-133, January.
    14. Magdalena Ziolo & Beata Zofia Filipiak & Iwona Bąk & Katarzyna Cheba & Diana Mihaela Tîrca & Isabel Novo-Corti, 2019. "Finance, Sustainability and Negative Externalities. An Overview of the European Context," Sustainability, MDPI, vol. 11(15), pages 1-35, August.
    15. Salvatore Greco & Alessio Ishizaka & Menelaos Tasiou & Gianpiero Torrisi, 2019. "On the Methodological Framework of Composite Indices: A Review of the Issues of Weighting, Aggregation, and Robustness," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 141(1), pages 61-94, January.
    16. M. Isabel Landaluce-Calvo & Mariola Gozalo-Delgado, 2021. "Proposal for a Dynamic Composite Indicator: Application in a Comparative Analysis of Trends in the EU Member States Towards the Europe 2020 Strategy," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 154(3), pages 1031-1053, April.
    17. Francesco Pasimeni & Paolo Pasimeni, 2016. "An Institutional Analysis of the Europe 2020 Strategy," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 127(3), pages 1021-1038, July.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Agnieszka Sompolska-Rzechuła & Agnieszka Kurdyś-Kujawska, 2022. "Generation of Young Adults Living with Their Parents in European Union Countries," Sustainability, MDPI, vol. 14(7), pages 1-27, April.
    2. Indre Siksnelyte-Butkiene & Tomas Karpavicius & Dalia Streimikiene & Tomas Balezentis, 2022. "The Achievements of Climate Change and Energy Policy in the European Union," Energies, MDPI, vol. 15(14), pages 1-17, July.
    3. Sergei Aliukov & Jan Buleca, 2022. "Comparative Multidimensional Analysis of the Current State of European Economies Based on the Complex of Macroeconomic Indicators," Mathematics, MDPI, vol. 10(5), pages 1-29, March.
    4. Andrea Salustri, 2022. "A Multidimensional Analysis of the Municipalities of the Italian Small Islands," Sustainability, MDPI, vol. 14(16), pages 1-17, August.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Barbara Kryk & Małgorzata Klaudia Guzowska, 2021. "Implementation of Climate/Energy Targets of the Europe 2020 Strategy by the EU Member States," Energies, MDPI, vol. 14(9), pages 1-18, May.
    2. Magdalena Radulescu & Aleksandra Fedajev & Crenguta Ileana Sinisi & Constanta Popescu & Silvia Elena Iacob, 2018. "Europe 2020 Implementation as Driver of Economic Performance and Competitiveness. Panel Analysis of CEE Countries," Sustainability, MDPI, vol. 10(2), pages 1-20, February.
    3. Charlotte Wüst & Nicky Rogge, 2022. "How is the European Union progressing towards its Europe 2020 targets? A benefit-of-the-doubt window analysis," Empirica, Springer;Austrian Institute for Economic Research;Austrian Economic Association, vol. 49(2), pages 405-438, May.
    4. Ewa Roszkowska & Marzena Filipowicz-Chomko, 2021. "Measuring Sustainable Development Using an Extended Hellwig Method: A Case Study of Education," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 153(1), pages 299-322, January.
    5. Rogge, Nicky, 2019. "EU countries’ progress towards ‘Europe 2020 strategy targets’," Journal of Policy Modeling, Elsevier, vol. 41(2), pages 255-272.
    6. Ewa Mazur-Wierzbicka, 2022. "Measurement of Progress in the Environmental Area: Poland against the Countries of the European Union," IJERPH, MDPI, vol. 20(1), pages 1-27, December.
    7. Barnabé Walheer, 2019. "Disentangling Heterogeneity Gaps and Pure Performance Differences in Composite Indexes Over Time: The Case of the Europe 2020 Strategy," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 143(1), pages 25-45, May.
    8. Hasan Ture & Seyyide Dogan & Deniz Kocak, 2019. "Assessing Euro 2020 Strategy Using Multi-criteria Decision Making Methods: VIKOR and TOPSIS," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 142(2), pages 645-665, April.
    9. M. Isabel Landaluce-Calvo & Mariola Gozalo-Delgado, 2021. "Proposal for a Dynamic Composite Indicator: Application in a Comparative Analysis of Trends in the EU Member States Towards the Europe 2020 Strategy," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 154(3), pages 1031-1053, April.
    10. Barnabé Walheer, 2018. "Decomposing the Europe 2020 Index," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 140(3), pages 875-905, December.
    11. Jorge Chica‐Olmo & Marina Checa‐Olivas, 2021. "Spatial impact of factors influencing the achievement of the Europa2020 employment targets," Papers in Regional Science, Wiley Blackwell, vol. 100(3), pages 633-649, June.
    12. Izabela Młynarzewska-Borowiec, 2021. "Does Implementation of the Smart Growth Priority Affect Per Capita Income of EU countries?—Empirical Analysis for the Period 2000–2017," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 12(3), pages 1345-1366, September.
    13. Milica Maricic & Jose A. Egea & Veljko Jeremic, 2019. "A Hybrid Enhanced Scatter Search—Composite I-Distance Indicator (eSS-CIDI) Optimization Approach for Determining Weights Within Composite Indicators," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 144(2), pages 497-537, July.
    14. Robert K. MacGregor & Radka MacGregor Pelikánova, 2019. "Shareholder Engagement for Corporate Governance in the Light of the Harmonization and Transposition," International Journal of Economics & Business Administration (IJEBA), International Journal of Economics & Business Administration (IJEBA), vol. 0(4), pages 22-34.
    15. Greco, Salvatore & Ishizaka, Alessio & Tasiou, Menelaos & Torrisi, Gianpiero, 2018. "σ-µ efficiency analysis: A new methodology for evaluating units through composite indices," MPRA Paper 83569, University Library of Munich, Germany.
    16. Mariia Kostetckaia & Markus Hametner, 2022. "How Sustainable Development Goals interlinkages influence European Union countries’ progress towards the 2030 Agenda," Sustainable Development, John Wiley & Sons, Ltd., vol. 30(5), pages 916-926, October.
    17. Salvatore Greco & Alessio Ishizaka & Menelaos Tasiou & Gianpiero Torrisi, 2019. "On the Methodological Framework of Composite Indices: A Review of the Issues of Weighting, Aggregation, and Robustness," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 141(1), pages 61-94, January.
    18. Walheer, Barnabé, 2018. "Economic growth and greenhouse gases in Europe: A non-radial multi-sector nonparametric production-frontier analysis," Energy Economics, Elsevier, vol. 74(C), pages 51-62.
    19. Carlo Drago, 2021. "The Analysis and the Measurement of Poverty: An Interval-Based Composite Indicator Approach," Economies, MDPI, vol. 9(4), pages 1-17, October.
    20. Barnabé Walheer, 2019. "Scale, congestion, and technical efficiency of European countries: a sector-based nonparametric approach," Empirical Economics, Springer, vol. 56(6), pages 2025-2078, June.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:gam:jeners:v:14:y:2021:i:16:p:4990-:d:614345. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: MDPI Indexing Manager (email available below). General contact details of provider: https://www.mdpi.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.