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EU MEMBERSHIP AND FOREIGN TRADE STRUCTURE: WHAT THE CASE OF BULGARIA COULD SAY

Nikolay Patonov () and Katerina Zhegova ()
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Nikolay Patonov: Faculty of Economics, SWU Neofit Rilsky
Katerina Zhegova: Faculty of Economics, SWU Neofit Rilsky

Medzinarodne vztahy (Journal of International Relations), 2019, vol. 17, issue 1, 24-43

Abstract: This paper is intended to study the dynamics of the foreign trade of Bulgaria for the period 2010-2019. The period enables verifying the hypothesis that the European union membership changes the structure of trade partners. The empirical analysis is based on both – trend analysis and regression methodology. The outputs of both methodologies applied do not give evidence for reorientation of foreign trade flows caused by the European union membership. The foreign trade has not turned towards the European union members replacing the trade with partners from third non-member countries.

Keywords: import; export; EU member states; third non-member countries; regression analysis (search for similar items in EconPapers)
JEL-codes: F15 F41 (search for similar items in EconPapers)
Date: 2019
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