ANALYSIS OF INCOME AND HUMAN DEVELOPMENT IN THE EU COUNTRIES

Daniela Gabriela Cozma () and Margareta Bocancia ()
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Daniela Gabriela Cozma: Alexandru Ioan Cuza University of Iasi
Margareta Bocancia: Alexandru Ioan Cuza University of Iasi

EURINT, 2020, vol. 7, 154-171

Abstract: For the past three decades there has been an increase in the inequality of the income of different countries, as a consequence of unequal progress. Starting from this issue, the objective of this study is an analysis of the tendency to inequality of income and human development, conducted by grouping the EU member countries in former communist countries and countries that did not have a communist regime between 1945 and 1990. The initial hypothesis is that there are significant disparities in the distribution of income between the former communist countries and non-communist countries during the above-mentioned time range, these states currently being members of the European Union. In our scientific endeavour, we used EUROSTAT and UNDP (United Nations Development Programme) databases, with the analysed period being 2009-2018. To process the data, we used the multivariate hierarchy building technique (dendogram), followed by clustering, considering the GINI and HDI values, based on measuring dissimilarity, to identify the existence of one of the two alternatives (dispersion or uniformity) for the distribution of the values of the two indexes. In the last part of the article we analyse the influence of the European geographical space and HDI on the COVID phenomenon, between 31.03.2020-30.08.2020.

Keywords: GINI index; HDI index; COVID phenomenon (search for similar items in EconPapers)
Date: 2020
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Persistent link: https://EconPapers.repec.org/RePEc:jes:eurint:y:2020:v:7:p:154-171

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