IMPACT OF THE EUROPEAN UNION COHESION POLICY ON THE BULGARIA‘S ECONOMY IN THE PERIOD 2007-2015

Kalina Durova
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Kalina Durova: SWU "Neofit Rilski", Blagoevgrad, Bulgaria

Economics and Management, 2018, vol. 14, issue 1, 22-35

Abstract: The condition of European Union funds in Bulgaria and their impact on the country’s economy over the period 2007 – 2015 have been analyzed. The effects of European Union Cohesion Policy on economic growth, employment and unemployment in Bulgaria have been estimated via ordinary least squares regression of time-series data. The study results imply that in the short run the European funds absorption rate does not affect economic growth, employment and unemployment in Bulgaria.

Keywords: Bulgaria; Cohesion policy; short-term effects (search for similar items in EconPapers)
JEL-codes: F02 F15 F36 (search for similar items in EconPapers)
Date: 2018
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Persistent link: https://EconPapers.repec.org/RePEc:neo:journl:v:14:y:2018:i:1:p:22-35

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