BULGARIAN EXPORTS IN THE CONTEXT OF EURO AREA DEBT CRISIS

Viktor Dinev ()
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Viktor Dinev: SOUTH-WEST UNIVERSITY "NEOFIT RILSKI", BLAGOEVGRAD

Entrepreneurship, 2016, vol. 4, issue 2, 268-286

Abstract: Granger causality test is used with variables Euro area GDP, GDP of Bulgaria and exports of the country. The testing is made with two samples of data to confirm the hypothesis in the paper that the Euro area debt crisis is affected negatively the economy of Bulgaria and limited the economic growth, due to violated relationships between Euro area GDP, GDP of Bulgaria and Bulgaria’s exports, as well as to confirm the thesis in the research - the need to diversify Bulgaria’s export markets.

Keywords: foreign trade of Bulgaria; export-oriented growth model; Euro area debt crisis; Granger causality test (search for similar items in EconPapers)
JEL-codes: F14 F17 G01 O24 (search for similar items in EconPapers)
Date: 2016
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Persistent link: https://EconPapers.repec.org/RePEc:neo:epjour:v:4:y:2016:i:2:p:268-286

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