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dc.contributor.authorHeshmati, Almasen_US
dc.contributor.authorOh, Jong-Eunen_US
dc.date.accessioned2005-12-19en_US
dc.date.accessioned2010-07-07T09:12:36Z-
dc.date.available2010-07-07T09:12:36Z-
dc.date.issued2005en_US
dc.identifier.urihttp://hdl.handle.net/10419/33542-
dc.description.abstractThis 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.en_US
dc.language.isoengen_US
dc.publisherIZA Bonnen_US
dc.relation.ispartofseriesIZA Discussion Papers 1734en_US
dc.subject.jelO10en_US
dc.subject.jelC43en_US
dc.subject.jelF15en_US
dc.subject.jelO57en_US
dc.subject.ddc330en_US
dc.subject.keywordeconomic developmenten_US
dc.subject.keywordeconomic integrationen_US
dc.subject.keywordcomposite indexen_US
dc.subject.keywordLisbon Agendaen_US
dc.titleAlternative composite Lisbon development strategy indicesen_US
dc.typeWorking Paperen_US
dc.identifier.ppn499450590en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungen-
Appears in Collections:IZA Discussion Papers, Forschungsinstitut zur Zukunft der Arbeit (IZA)

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