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Modern Trends in the Purchasing Power of the Bulgarian Population

Author

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  • Kostadinka Stanimirova

    (University of National and World Economy, Sofia, Bulgaria)

Abstract

Income and prices are a major economic factor by which the well-being of a country’s population can be determined. The relationship between these two factors is assessed through the “purchasing power†indicator. It is a set of the amount of a given type of commodity that can be purchased with the total average income of a person from a household, in a certain year, if the same is spent on that commodity. In order to follow the current trends in the purchasing power of the Bulgarian population, the article examines the products that have significant consumption. Using statistical methods, modern trends in the development of incomes and the purchasing power of bread and coal products are tracked. A development prognosis for the next two years has been made.

Suggested Citation

  • Kostadinka Stanimirova, 2024. "Modern Trends in the Purchasing Power of the Bulgarian Population," Ikonomiceski i Sotsialni Alternativi, University of National and World Economy, Sofia, Bulgaria, issue 1, pages 148-156, March.
    • Handle: RePEc:nwe:iisabg:y:2024:i:1:p:148-156
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    More about this item

    Keywords

    statistical methods; Income; purchasing power; coal; bread;
    All these keywords.

    JEL classification:

    • C32 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables - - - Time-Series Models; Dynamic Quantile Regressions; Dynamic Treatment Effect Models; Diffusion Processes; State Space Models
    • D12 - Microeconomics - - Household Behavior - - - Consumer Economics: Empirical Analysis
    • E21 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Consumption; Saving; Wealth
    • E31 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Price Level; Inflation; Deflation
    • I3 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty
    • I31 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - General Welfare, Well-Being

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