Multidimensional Welfare Comparisons of EU Member States Before, During, and After the Financial Crisis: A Dominance Approach

M. Azhar Hussain, Nikolaj Siersbæk, Lars Peter Østerdal

Publikation: Working paperForskning

Resumé

How did the financial crisis affect population welfare in EU member states in key dimensions such as income, health, and education? Using EU-SILC data, we seek to answer this question by way of first order dominance comparisons between countries and over time. The novel feature of our study is that we
perform welfare comparisons on the basis of multi-level multidimensional ordinal data. We find that the countries most often dominated are southern
and eastern European member states, and the dominant countries are mostly northern and western European member states. However, for most country
comparisons, there is no dominance relationship. Moreover, only a few member states have experienced a temporal dominance improvement in welfare,
and no member states have experienced a dominance deterioration.
OriginalsprogEngelsk
Udgivelses stedOdense
UdgiverSyddansk Universitet
Antal sider33
StatusUdgivet - 2017
NavnDiscussion Papers on Business and Economics
Nummer10/2017

Emneord

  • First order dominance
  • Multidimensional well-being
  • Multi-level indicators
  • EU-SILC

Citer dette

Hussain, M. A., Siersbæk, N., & Østerdal, L. P. (2017). Multidimensional Welfare Comparisons of EU Member States Before, During, and After the Financial Crisis: A Dominance Approach. Odense: Syddansk Universitet. Discussion Papers on Business and Economics, Nr. 10/2017
Hussain, M. Azhar ; Siersbæk, Nikolaj ; Østerdal, Lars Peter. / Multidimensional Welfare Comparisons of EU Member States Before, During, and After the Financial Crisis : A Dominance Approach. Odense : Syddansk Universitet, 2017. (Discussion Papers on Business and Economics; Nr. 10/2017).
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Multidimensional Welfare Comparisons of EU Member States Before, During, and After the Financial Crisis : A Dominance Approach. / Hussain, M. Azhar; Siersbæk, Nikolaj; Østerdal, Lars Peter.

Odense : Syddansk Universitet, 2017.

Publikation: Working paperForskning

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N2 - How did the financial crisis affect population welfare in EU member states in key dimensions such as income, health, and education? Using EU-SILC data, we seek to answer this question by way of first order dominance comparisons between countries and over time. The novel feature of our study is that weperform welfare comparisons on the basis of multi-level multidimensional ordinal data. We find that the countries most often dominated are southernand eastern European member states, and the dominant countries are mostly northern and western European member states. However, for most countrycomparisons, there is no dominance relationship. Moreover, only a few member states have experienced a temporal dominance improvement in welfare,and no member states have experienced a dominance deterioration.

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