Assessment of Demographic Profile of European Union Countries

Romualdas Ginevicius, Laima Okuneviciute Neverauskiene (), Roman Trishch, Daiva Andriusaitiene and Viktorija Stasytyte
Additional contact information
Romualdas Ginevicius: Vilnius Gediminas Technical University, Lithuania
Laima Okuneviciute Neverauskiene: Lithuanian Centre for Social Sciences, Vilnius Gediminas Technical University, Lithuania
Roman Trishch: Mykolas Romeris University, Vilnius, Lithuania
Daiva Andriusaitiene: Vilnius Gediminas Technical University, Lithuania
Viktorija Stasytyte: Vilnius Gediminas Technical University, Lithuania

The AMFITEATRU ECONOMIC journal, 2025, vol. 27, issue 70, 1109

Abstract: The country's demographic situation reflects the role and potential of one of the most important factors of economic development, work, and therefore the quantitative assessment of the country's demographic profile is very important. In the recent period, the dominant in-depth but fragmentary studies of demographic issues do not allow to assess the situation in a complex way, integrating multidimensional and different demographic factors of different relevance, basic and dynamic. The purpose of this paper is to present a method of demographic profile assessment for complex analysis, based on a multicriteria method. This is usually done linearly, i.e., the relevance of the indicator does not depend on its value. In real life, this is not the case, so a nonlinear evaluation based on Harrington curves has been applied to the assessment of the demographic profile. The graphical-analytical method of trapezoids is applied to combine block values. In this case, the generalised value is the area under the curve, which is obtained by linearly connecting the dimensionless values of the indicators. The country's demographic profile index was obtained by combining the values of the basic and dynamic blocks in a respective way. In order to link the country's demographic profile index with GDP per capita, a correlation-regression analysis was performed, the results of which confirmed that the demographic status largely depends on the achieved level of economic development.

Keywords: demographic profile of the country; nonlinear multicriteria assessment; economic development; macroeconomic policy. (search for similar items in EconPapers)
JEL-codes: C44 E60 J11 J21 (search for similar items in EconPapers)
Date: 2025
References: Add references at CitEc
Citations:

Downloads: (external link)
http://www.amfiteatrueconomic.ro/temp/Article_3461.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:aes:amfeco:v:27:y:2025:i:70:p:1109

Access Statistics for this article

More articles in The AMFITEATRU ECONOMIC journal from Academy of Economic Studies - Bucharest, Romania Contact information at EDIRC.
Bibliographic data for series maintained by Valentin Dumitru ().