This paper proposes the application of taxonomic tools to study the differentiation of standard of living in the European Union countries. The aggre-gate distance between given countries is the basis for grouping member states in terms of their internal structure of the studied characteristics....

This paper proposes the use of synthetic variable to examine differences in the standard of living in the EU countries. The synthetic variable allows to replace the whole set of variables into one aggregated variable. This variable is the basis for organizing and grouping countries in terms of...

This paper proposes the use of synthetic variable to examine differences in the standard of living in the EU countries. The synthetic variable allows to replace the whole set of variables into one aggregated variable. This variable is the basis for organizing and grouping countries in terms of...

This paper proposes the application of taxonomic tools to study the differentiation of standard of living in the European Union countries. The aggre-gate distance between given countries is the basis for grouping member states in terms of their internal structure of the studied characteristics....