STRUCTURAL HETEROGENEITY BETWEEN EU 15 AND 12 NEW EU MEMBERS – THE OBSTACLE TO LISBON STRATEGY IMPLEMENTATION?

Magdalena Olczyk ()

Equilibrium. Quarterly Journal of Economics and Economic Policy, 2014, vol. 9, issue 4, 21-43

Abstract: The aim of this article is to identify diversity between the EU-15 and the New Members in their implementation of the Lisbon Strategy in the period 2000-2010. By analyzing a set of structural indicators, we aim to fill a gap in the literature: the lack of publications providing complex evaluation of the implementation of the Lisbon Strategy using measurable indicators. Given their suitability for international comparisons, we use two taxonomic methods: Ward’s cluster analysis and the synthetic variable method proposed by Hellwig. The results of our analyses confirm the hypothesis of a large gap between the EU-15 countries and the 12 New Members in the key areas of the Lisbon Strategy. According to rankings given by our taxonomic analyses, a high level of the indicators selected is confirmed only for the EU-15 countries and only three New Members belong to a group presenting the average level of these indicators. This study demonstrates a need for a significant intensification of the EU cohesion policy, which is one of the main tools for achieving the Lisbon Strategy goals.

Keywords: Lisbon targets; European Union; multivariate analysis; structural indicators (search for similar items in EconPapers)
JEL-codes: C00 E60 O52 P11 (search for similar items in EconPapers)
Date: 2014
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Citations: View citations in EconPapers (3)

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Persistent link: https://EconPapers.repec.org/RePEc:pes:ierequ:v:9:y:2014:i:4:p:21-43

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