Discussion Papers of Business and Economics
Department of Business and Economics, University of Southern Denmark
M. Azhar Hussain, Nikolaj Siersbæk
Multidimensional Welfare Comparisons of EU Member States Before, During, and After the Financial Crisis: A Dominance Approach
() and Lars Peter Østerdal
Abstract: 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
Keywords: First order dominance; Multidimensional well-being; Multi-level indicators; EU-SILC; (follow links to similar papers)
JEL-Codes: I31; O52; (follow links to similar papers)
35 pages, July 20, 2017
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