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Industrial dynamics in Bulgaria – the connection between past and future: The case of food and beverage industry

Author

Listed:
  • Diana Kopeva

    (Business Faculty, University of National and World Economy (UNWE), Bulgaria)

  • Dimitar Blagoev

    (Department Economics of Natural Resources)

  • Nikolay Sterev

    (Department of Industrial Business)

Abstract

Defining the industrial dynamics is needed to identify the important prerequisites that support the achievement of a sustainable industrial and economic growth. The industrial dynamics could be used as an instrument to analyze future economic behavior. In the paper we step on the basis of existing state of the art. In section one the methodology is presented: designed and used industrial dynamic function and its components. Section 2 focuses on one of the traditional industrial sectors in Bulgaria - Food and beverage production, its state and key characteristics. In Section 3 the implementation of the industrial dynamic function is illustrated to forecast the future development of the Food and Beverage production sector in Bulgaria. On the basis of dataset perspectives for future development of food and beverage development in Bulgaria are analyzed and recommendations for concrete measures are provided.

Suggested Citation

  • Diana Kopeva & Dimitar Blagoev & Nikolay Sterev, 2012. "Industrial dynamics in Bulgaria – the connection between past and future: The case of food and beverage industry," Review of Applied Socio-Economic Research, Pro Global Science Association, vol. 3(1), pages 113-121, July.
    • Handle: RePEc:rse:wpaper:v:3:y:2012:i:1:p:113-121
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    References listed on IDEAS

    as
    1. Diana Kopeva & Nikolay Shterev & Dimitar Blagoev, 2010. "Factor Limitations on Industrial Dynamics in Bulgaria in Conditions of European Integration," Economic Alternatives, University of National and World Economy, Sofia, Bulgaria, issue 2, pages 40-59, July.
    2. Jackie Krafft, 2006. "Introduction: What do we know about Industrial Dynamics?," Revue de l'OFCE, Presses de Sciences-Po, vol. 97(5), pages 13-19.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    industrial dynamics; food and beverage; dynamics analysis; perspective analysis;
    All these keywords.

    JEL classification:

    • C15 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General - - - Statistical Simulation Methods: General
    • L66 - Industrial Organization - - Industry Studies: Manufacturing - - - Food; Beverages; Cosmetics; Tobacco
    • O47 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Empirical Studies of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence

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