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Europe 2020 Strategy Implementation. Grouping the Countries with the Application of Natural Breaks Method

In: Proceedings of the 8th International Conference on Applied Economics Contemporary Issues in Economy under the title Market or Government? 18-19 June 2015, Economics and Finance

Author

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  • Adam P. Balcerzak

    (Nicolaus Copernicus University)

Abstract

In the year 2015 the European Union reaches the five year period of Europe 2020 strategy implementation. Thus, the aim of the research is to group the European countries based on the level of fulfillment aims of the strategy with the application of natural breaks method. Special consideration was given to the results of New Member States of European Union. As a result in the first part of empirical research a ranking of EU countries with application of zero unitarization method for the year 2004, 2008 and 2013 was made. Based on the rankings the countries were grouped in five classes with natural breaks method. The analysis showed that in spite of economic difficulties in Europe after global financial crisis, from the year 2004 till the year 2013 New Member States had made an important progress in the implementation of Europe 2020 strategy.

Suggested Citation

  • Adam P. Balcerzak, 2015. "Europe 2020 Strategy Implementation. Grouping the Countries with the Application of Natural Breaks Method," Chapters, in: Adam P. Balcerzak (ed.), Proceedings of the 8th International Conference on Applied Economics Contemporary Issues in Economy under the title Market or Government? 18-19 June 2, edition 1, volume 1, chapter 8, pages 172-181, Institute of Economic Research.
    • Handle: RePEc:pes:ecchap:8-3
    DOI: 10.24136/eep.proc.2015.1
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    Cited by:

    1. Liang Zhang & Xubing Zhang & Shenggu Yuan & Kai Wang, 2021. "Economic, Social, and Ecological Impact Evaluation of Traffic Network in Beijing–Tianjin–Hebei Urban Agglomeration Based on the Entropy Weight TOPSIS Method," Sustainability, MDPI, vol. 13(4), pages 1-18, February.

    More about this item

    Keywords

    Europe 2020 strategy; multivariate analysis; zero unitarization method; natural breaks method;
    All these keywords.

    JEL classification:

    • C00 - Mathematical and Quantitative Methods - - General - - - General
    • E61 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Policy Objectives; Policy Designs and Consistency; Policy Coordination
    • O52 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Europe

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