Europe 2020 strategy, as the successor of Lisbon strategy, represents the vision of social market economy for Europe of the 21st century covering three related priorities: 1/ smart growth: knowledge based economy and innovation growth; 2/ sustainable growth: support for effective and taking...

The study presents the results of grouping EU NUTS 2 regions based on the share of employment in particular sectors (knowledge-intensive high-technology services, knowledge-intensive market services and other knowledge-intensive services), as well as GDP per capita, in 2008 and 2018. The...

Multivariate statistical analysis uses techniques of variables selection and aggregation. Numerous economic phenomena belong to the application field of multivariate analysis. Generally all phenomena described by large number of variables may be analyzed within this framework. On the other side,...

The article presents modification of standardization of variables values introducing the formulas for reference boundary system. This system is understood as a set of restrictions imposed on the values of the variables adopted for the linear ordering of a set of objects in economics (eg banks)....