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Export Efficiency and Competitive Power of Bulgarian Economy

Author

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  • Vera D. Pirimova

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

Abstract

The present study focuses on the analysis of competitive power in the context of the efficiency of Bulgarian exports. It is structured in several parts, each of which deals with more specific tasks. The first part summarizes Bulgaria’s position in the Global Competitiveness Index and reveals the most important criteria related to foreign trade. In the following sections, core indicators are introduced to determine and analyze the role of criteria for efficiency and competitiveness of exports. In particular, the foreign trade, export and import quota, the marginal propensity to import and export multipliers for Bulgaria, the export commodity structure during the 2008-2017 period, are examined. Based on the obtained results and the conclusions drawn from them, the possibilities for expanding the export and improving the competitive power of Bulgarian economy are systematized. This research implements mathematical and statistical methods, mostly the index method, along with methods of analysis and synthesis.

Suggested Citation

  • Vera D. Pirimova, 2019. "Export Efficiency and Competitive Power of Bulgarian Economy," Ikonomiceski i Sotsialni Alternativi, University of National and World Economy, Sofia, Bulgaria, issue 2, pages 56-70, June.
    • Handle: RePEc:nwe:iisabg:y:2019:i:2:p:56-70
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    More about this item

    Keywords

    competitiveness; foreign trade; export efficiency; Export Multiplier;
    All these keywords.

    JEL classification:

    • F14 - International Economics - - Trade - - - Empirical Studies of Trade
    • F41 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Open Economy Macroeconomics
    • F43 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Economic Growth of Open Economies
    • O24 - Economic Development, Innovation, Technological Change, and Growth - - Development Planning and Policy - - - Trade Policy; Factor Movement; Foreign Exchange Policy

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