IDEAS home Printed from https://ideas.repec.org/a/bas/econst/y2026i6p31-49.html

Supply Chain Price Transmission and the Role of Fundamental Factors: Evidence from Bulgaria in the Run-Up to Euro Area Accession

Author

Listed:
  • Daniela Bobeva-Filipova
  • Emil Panusheff
  • Spartak Keremidchiev
  • Nedyalko Nestorov
  • Atanas V. Pavlov

Abstract

The aim of this paper is to examine the price dynamics in the Bulgarian economy in the run-up to Euro Area accession within the framework of the supply chain, starting from the main production factors' prices, passing through producer and consumer prices, with a particular focus on the extent to which producer and consumer price dynamics can be explained by changes in the fundamental pricing factors. The analysis is based on a comprehensive author's data set of indicators for the prices of key production factors and a specifically designed Production Factor Price Index. The results show that in 2025 and early 2026, consumer price dynamics cannot, to any significant extent, be explained by the fundamental pricing factors of production. The final consumer prices are primarily formed by the interaction of domestic demand, market structure and consumer behaviour, while the role of traditional pricing factors is limited and strongly differentiated across the different sectors.

Suggested Citation

  • Daniela Bobeva-Filipova & Emil Panusheff & Spartak Keremidchiev & Nedyalko Nestorov & Atanas V. Pavlov, 2026. "Supply Chain Price Transmission and the Role of Fundamental Factors: Evidence from Bulgaria in the Run-Up to Euro Area Accession," Economic Studies journal, Bulgarian Academy of Sciences - Economic Research Institute, issue 6, pages 31-49.
    • Handle: RePEc:bas:econst:y:2026:i:6:p:31-49
    as

    Download full text from publisher

    File URL: http://archive.econ-studies.iki.bas.bg/2026/2026_06/2026_06_02.pdf
    Download Restriction: no
    ---><---

    More about this item

    JEL classification:

    • E31 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Price Level; Inflation; Deflation
    • D24 - Microeconomics - - Production and Organizations - - - Production; Cost; Capital; Capital, Total Factor, and Multifactor Productivity; Capacity
    • L11 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Production, Pricing, and Market Structure; Size Distribution of Firms
    • O11 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Macroeconomic Analyses of Economic Development

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:bas:econst:y:2026:i:6:p:31-49. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Diana Dimitrova (email available below). General contact details of provider: https://edirc.repec.org/data/ikbasbg.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.