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Bulgarian Economy on the Way of Ecological Transformation

Author

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  • Sonia Chipeva

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

Abstract

Climate changes and the aggressive attitude towards the environment as a result of human activity in recent decades have had increasingly negative effects everywhere on a global scale, including in our country. Studies from recent years show that the process of transition to an ecological economy in Bulgaria is still quite inert and poorly effective. In the present study, the dynamics of a series of indicators for sustainable development and ecological economy, defined by Eurostat, have been analyzed. Trend models have been developed for the selected indicators concerning the 2010-2020 period and forecasts for their development with a 2-year horizon have been compiled. Based on the results, the country’s progress on the way of ecological transformation of the economy has been considered.

Suggested Citation

  • Sonia Chipeva, 2022. "Bulgarian Economy on the Way of Ecological Transformation," Ikonomiceski i Sotsialni Alternativi, University of National and World Economy, Sofia, Bulgaria, issue 4, pages 18-27, December.
    • Handle: RePEc:nwe:iisabg:y:2022:i:4:p:18-27
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    More about this item

    Keywords

    ecological transformation; sustainable development indicators; trend models; forecast;
    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
    • C51 - Mathematical and Quantitative Methods - - Econometric Modeling - - - Model Construction and Estimation
    • C23 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Models with Panel Data; Spatio-temporal Models

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