Investigation of European Union Economic Cohesion by Cluster Analysis

Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F47813059%3A19520%2F14%3A%230002595" target="_blank" >RIV/47813059:19520/14:#0002595 - isvavai.cz</a>
Result on the web
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DOI - Digital Object Identifier
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Result language
angličtina
Original language name
Investigation of European Union Economic Cohesion by Cluster Analysis
Original language description
The aim of the paper is to examine a cohesion of European Union (plus Norway and Iceland) in terms of an economic development of its members from the 1st January 2008 to the 31st December 2012. For the study five economic indicators were selected: real GDP growth, unemployment, inflation, labour productivity and goverment debt. Annual data from Eurostat databases were averaged over the whole period and then used as an input for a cluster analysis. It was found out that EU countries were divided into sixdifferent clusters. The most populated cluster with 14 countries covered Western, Central and Northern Europe and reflected relative homogeneity of this part of Europe. Countries of Southern Europe (Greece, Portugal and Spain) shared their own cluster of the most affected countries by the recent crisis as well as the Baltics and the Balkans states in another cluster. On the other hand Slovakia and Poland, the only two countries that escaped a recession, were classified in their own clus
Czech name
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Czech description
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Publication year
2014
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Article name in the collection
Proceedings of the 2nd International Conference on European Integration 2014
ISBN
978-80-248-3388-0
ISSN
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e-ISSN
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Number of pages
8
Pages from-to
457-464
Publisher name
VŠB
Place of publication
Ostrava
Event location
Ostrava
Event date
May 15, 2014
Type of event by nationality
EUR - Evropská akce
UT code for WoS article
000346144900051

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