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Regional Structural Differences in Household Consumption in Bulgaria

Author

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  • Dimitar Damyanov

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

Abstract

Regional differences are among the frequently discussed issues in Bulgarian economic literature. In this paper we focus on a less common topic in that area – structural differences in household consumption among the six NUTS2 regions of Bulgaria. Comparisons are made between them based on their consumption structures, and a sigma-convergence approach is applied to find out whether a convergence (or divergence) process is taking place. Results show relatively small but increasing differences between regions which can be attributed to differences in income levels and demographic characteristics.

Suggested Citation

  • Dimitar Damyanov, 2024. "Regional Structural Differences in Household Consumption in Bulgaria," Nauchni trudove, University of National and World Economy, Sofia, Bulgaria, issue 5, pages 153–169-1, December.
    • Handle: RePEc:nwe:natrud:y:2024:i:5:p:153-169
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    File URL: https://unwe-research-papers.org/bg/journalissues/article/11650
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    More about this item

    Keywords

    consumption; consumption structure; age distribution; regional convergence;
    All these keywords.

    JEL classification:

    • E21 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Consumption; Saving; Wealth
    • J11 - Labor and Demographic Economics - - Demographic Economics - - - Demographic Trends, Macroeconomic Effects, and Forecasts
    • R22 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Household Analysis - - - Other Demand

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