EVALUATION OF MACROECONOMIC POSITION OF CHOSEN EU COUNTRIES
EVALUATION OF MACROECONOMIC POSITION OF CHOSEN EU COUNTRIES
Author(s): Eva Manová, Katarína Čulková, Jana Simonidesová, Jozef LukáčSubject(s): Social Sciences, Economy
Published by: Univerzita J. Selyeho, Fakulta ekonómie a informatiky
Keywords: macroeconomic indexes; economic growth; gross domestic product; unemployment; inflation
Summary/Abstract: Many macroeconomic variables contribute to the economic growth of thecountry. Especially during economic crisis and the recovery period there is necessaryto study macroeconomic variables. Presented contribution searches macroeconomicposition in chosen EU countries and creates clusters of EU countries by cluster analysisthrough chosen macroeconomic indexes. Individual results of clusters and averagevalues of indexes in clusters express situation in individual states, reaction to crisisand geopolitical situation in single Europe. In spite of different development somecountries located during all analysed years still into the same cluster, which meansthey recorded very similar economic growth.
Journal: Acta Oeconomica Universitatis Selye
- Issue Year: 7/2018
- Issue No: 2
- Page Range: 80-90
- Page Count: 11
- Language: English