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Eu Membership And Foreign Trade Structure: What The Case Of Bulgaria Could Say

Author

Listed:
  • Nikolay Patonov

    (Faculty of Economics, SWU Neofit Rilsky)

  • Katerina Zhegova

    (Faculty of Economics, SWU Neofit Rilsky)

Abstract

This paper is intended to study the dynamics of the foreign trade of Bulgaria for the period 2010-2019. The period enables verifying the hypothesis that the European union membership changes the structure of trade partners. The empirical analysis is based on both – trend analysis and regression methodology. The outputs of both methodologies applied do not give evidence for reorientation of foreign trade flows caused by the European union membership. The foreign trade has not turned towards the European union members replacing the trade with partners from third non-member countries.

Suggested Citation

  • Nikolay Patonov & Katerina Zhegova, 2019. "Eu Membership And Foreign Trade Structure: What The Case Of Bulgaria Could Say," Medzinarodne vztahy (Journal of International Relations), Ekonomická univerzita, Fakulta medzinárodných vzťahov, vol. 17(1), pages 24-43.
    • Handle: RePEc:brv:journl:v:17:y:2019:i:1:p:24-43
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    More about this item

    Keywords

    import; export; EU member states; third non-member countries; regression analysis;
    All these keywords.

    JEL classification:

    • F15 - International Economics - - Trade - - - Economic Integration
    • F41 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Open Economy Macroeconomics

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