Classification of EU Countries in Terms of the Level of Sustainable Development

Stec Małgorzata () and Grzebyk Mariola ()
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Stec Małgorzata: University of Rzeszów
Grzebyk Mariola: University of Rzeszów

Ovidius University Annals, Economic Sciences Series, 2017, vol. XVII, issue 2, 126-131

Abstract: This article has classified the EU countries in terms of the level of sustainable development. The study was based on main sustainability indicators developed by Eurostat. In empirical research, one of the methods used was Cluster Analysis - Ward's method. Grouping methods make it possible to distinguish countries with a similar level of sustainability which is particularly useful for monitoring the progress of individual EU countries in implementation of the Sustainable Development Strategy. For specific groups of countries, appropriate control instruments and strategies can be proposed. The research period is 2016. As a result of the research, 6 clusters of countries were obtained. For specific groups of countries, their characteristics were defined.

Keywords: sustainable development; the indicators of sustainable development; level of development; European Union (search for similar items in EconPapers)
JEL-codes: C80 C82 O11 (search for similar items in EconPapers)
Date: 2017
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Persistent link: https://EconPapers.repec.org/RePEc:ovi:oviste:v:xvii:y:2017:i:2:p:126-131

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