Arbeitspapier

Alternative composite Lisbon development strategy indices

This study addresses the measurement of two composite Lisbon strategy indices that quantifies the level and patterns of development for ranking countries. The first index is nonparametric labelled as Lisbon strategy index (LSI). It is composed of six components: general economics, employment, innovation research, economic reform, social cohesion and environment, each generated from a number of Lisbon indicators. LSI by reducing the complexity of the set of indicators, it makes the ranking procedures quite simple. The second and parametric index is based on principal component analysis. Despite the difference in the ranking by the two indices, it is shown that the United States outperformed most EU-member states. Our investigations also show evidence of significant dynamic changes taking place, as the countries of the Union struggle to achieve the Lisbon goals. The necessity of a real reform agenda in several old and new members and candidate countries emerges from our analysis.

Sprache
Englisch

Erschienen in
Series: IZA Discussion Papers ; No. 1734

Klassifikation
Wirtschaft
Economic Development: General
Index Numbers and Aggregation; Leading indicators
Economic Integration
Comparative Studies of Countries
Thema
economic development
economic integration
composite index
Lisbon Agenda

Ereignis
Geistige Schöpfung
(wer)
Heshmati, Almas
Oh, Jong-Eun
Ereignis
Veröffentlichung
(wer)
Institute for the Study of Labor (IZA)
(wo)
Bonn
(wann)
2005

Handle
Letzte Aktualisierung
10.03.2025, 11:42 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Heshmati, Almas
  • Oh, Jong-Eun
  • Institute for the Study of Labor (IZA)

Entstanden

  • 2005

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