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Convergence in the Structure of Foreign Trade - Theoretical Approaches and Challenges for Bulgaria

Author

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  • Vera Pirimova

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

Abstract

The report summarized a set of theoretical approaches to analyzing the convergence of foreign trade and its structural components. Three groups of applied models and empirical studies of convergence in the structure of foreign trade are classified. Based on the interpretation and analysis of models belonging to the three groups, the alternative character, the specific analytical capabilities and the applicability of the examined models are revealed and proved. There are some challenges for Bulgaria in the context of the effects and commodity structure of Bulgarian exports, which can be taken into account in analyzes of the structural convergence of country's foreign trade with that of other EU countries.

Suggested Citation

  • Vera Pirimova, 2019. "Convergence in the Structure of Foreign Trade - Theoretical Approaches and Challenges for Bulgaria," Nauchni trudove, University of National and World Economy, Sofia, Bulgaria, issue 5, pages 83-99, December.
  • Handle: RePEc:nwe:natrud:y:2019:i:5:p:83-99
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    File URL: http://unwe-research-papers.org/bg/journalissues/article/10205
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    More about this item

    Keywords

    theoretical approaches; convergence; foreign trade; foreign trade structure;

    JEL classification:

    • B27 - Schools of Economic Thought and Methodology - - History of Economic Thought since 1925 - - - International Trade and Finance
    • B40 - Schools of Economic Thought and Methodology - - Economic Methodology - - - General
    • F10 - International Economics - - Trade - - - General
    • F14 - International Economics - - Trade - - - Empirical Studies of Trade
    • P50 - Economic Systems - - Comparative Economic Systems - - - General

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