The Europe 2020 Index

Pasimeni, Paolo

doi:10.1007/s11205-011-9948-9

Cited by 41 publications

(36 citation statements)

References 8 publications

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“…Some researchers went one step further and their studies have focused on measuring the progress in the Strategy implementation by usage of appropriate indicators or indexes [15][16][17]. One particularly important study is aimed at the formulation of the Europe 2020 Index [15].…”

Section: Literature Reviewmentioning

confidence: 99%

Europe 2020 Implementation as Driver of Economic Performance and Competitiveness. Panel Analysis of CEE Countries

et al. 2018

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Abstract:The Europe 2020 strategy is the EU strategy for sustainable and inclusive growth, for fighting the structural weaknesses of the European economies, and for improving their competitiveness. In this paper, we determined the most important ratios of the Europe 2020 Strategy impacting on economic performance expressed as the growth of the GDP per capita, and on economic competitiveness expressed as the share of the countries' exports in total world exports for some selected Central and Eastern European (CEE) countries (Poland, Slovakia, Bulgaria, Hungary, the Czech Republic, and Romania) using co-integration tests and OLS panel estimations with a dataset between 2004 (after four of these selected countries acceded to EU) and 2015 (the latest available data for all the ratios we used in our analysis). Our findings show that the tertiary level of education is the most important factor, positively correlated with both endogenous variables mentioned above. Other important factors for achieving the economic performance and competitiveness goals are the school dropout ratio, the share of renewable energy in final energy consumption, and the employment rate.

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Section: Literature Reviewmentioning

confidence: 99%

Europe 2020 Implementation as Driver of Economic Performance and Competitiveness. Panel Analysis of CEE Countries

et al. 2018

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“…It normalizes the above indicators and creates thematic indicators: the smart growth index (SGI) Sustainable Development Index (SDI), and the Inclusive Growth Index (IGI), which in turn make up the Europe 2020 indicator. Thus, Higher Education (PHEG) and Gross R & D expenditure for Pasimeni (2011a) ) are considered as the main factor of smart development dimension and based on this position will be the creation of thematic index in this paper.…”

Section: Methodsmentioning

confidence: 99%

Intelligent Growth and Macroeconomic Performance of EU Member Countries in the Framework of Europe 2020

Paraskevi¹,

Komninos²,

Dermatis³

et al. 2018

AEF

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Europe 2020 is the new ten-year strategy of the European Union for smart, sustainable and inclusive growth. This work analyzes the role of smart growth within the Europe 2020 strategy. "Smart growth" means strengthening knowledge and innovation by improving the quality of education, enhancing research performance, promoting innovation and transferring knowledge across the EU.In this study we create a thematic smart growth index, which consists of individual indicators proposed by the European Commission and presents the ranking of EU member countries in this index. The composite indicator of Europe 2020 by Pasimeni (2011) is taken as the basis for the creation of the indicator.Then, with the help of regression models, the relationship between the index and some macroeconomic variables is examined to examine the impact of the variables on the performance of the E-28 countries and their overall competitiveness. The results show that macroeconomic indicators of public finances, such as the rate of change in GDP per capita, government debt and deficit levels, are not key success factors for smart growth.

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“…The "Europe 2020 Index", as proposed in Pasimeni (2011), is based on three thematic subindices representing the three dimensions of growth identified as main pillars of the strategy. These in turn are built on a set of eight indicators agreed and approved by the Heads of States and Governments of the twenty-seven member states of the EU.…”

Section: The Indexmentioning

confidence: 99%

“…In this framework, new policy instruments for performance benchmarking (Huggins, 2010), such as composite indicators specifically developed for the Europe 2020 Strategy (Pasimeni, 2011), can be useful for the quantification, measurement, monitoring and evaluation of the strategy. The objective is to avoid some weaknesses of the Lisbon strategy, the growth strategy for the European Union in the last decade (2000)(2001)(2002)(2003)(2004)(2005)(2006)(2007)(2008)(2009)(2010), whose weaknesses have been related (Saltelli et al, 2011) to the inappropriate use of statistical indicators, not used in the context of an advocacy programme in support of the EU policy.…”

Section: Introductionmentioning

confidence: 99%

“…The objective is to avoid some weaknesses of the Lisbon strategy, the growth strategy for the European Union in the last decade (2000)(2001)(2002)(2003)(2004)(2005)(2006)(2007)(2008)(2009)(2010), whose weaknesses have been related (Saltelli et al, 2011) to the inappropriate use of statistical indicators, not used in the context of an advocacy programme in support of the EU policy. This paper builds on the index developed in Pasimeni (2011) to quantify, measure and monitor the progress achieved by the twenty-seven member states of the EU towards the achievements of the objectives set by the new strategy and aims at identifying the critical factors of success for this strategy. The structure of the index is maintained, some elements of its calculation are modified, in order to ensure a better consistency over time, and the analysis is enhanced covering seven years instead of three.…”

Section: Introductionmentioning

confidence: 99%

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Measuring Europe 2020: a new tool to assess the strategy

Pasimeni

2012

IJIRD

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This paper aims at analysing the performances of the EU member states in the Europe 2020Strategy and understanding the main factors of success. It builds on the Europe 2020 Index developed in Pasimeni (2011) to quantify and measure progress achieved by the twenty-seven countries in pursuing the objectives of the strategy and extends the calculation of the index to seven years. The results suggest that institutional factors are more relevant than macroeconomic indicators of public finances, such as GDP growth, levels of government debt and deficit, as success factors in the strategy. This applies to both formal institutions, such as good governance, rule of law, and control of corruption, as well as informal ones, such as social capital. This analysis has been conducted at national level; a regional breakdown of the data would enhance its validity. From a policy perspective, these findings suggest that the current emphasis on public accounts as the main criteria to define structural reforms could be enhanced including a broader focus on institutions.

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The Europe 2020 Index

Cited by 41 publications

References 8 publications

Europe 2020 Implementation as Driver of Economic Performance and Competitiveness. Panel Analysis of CEE Countries

Europe 2020 Implementation as Driver of Economic Performance and Competitiveness. Panel Analysis of CEE Countries

Intelligent Growth and Macroeconomic Performance of EU Member Countries in the Framework of Europe 2020

Measuring Europe 2020: a new tool to assess the strategy

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