TENDENCIES IN THE INTERRELATION BETWEEN THE REPUBLIC BUDGET AND THE ECONOMIC CONJUNCTURE IN BULGARIA

Dimitria Miteva
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Dimitria Miteva: UNIVERSITY OF ECONOMICS - VARNA

Economics and Management, 2008, vol. 4, issue 3, 15-23

Abstract: The article discusses the international environment perspectives and their impact on the republic budget in Bulgaria. It is emphasized that the forthcoming financial crisis exerts influence in a heterogeneous way on the national economy over the period 1998-2007. It drives up the budget surplus except in 2003 when a budget deficit is registered. Our examinations show that the leading indicators for economic conjuncture grow at a high average annual rate. Their impact, however, measured through the correlation analysis, weakly influence the revenues compared to a moresubstantial effect on the expenses. The import of goods and services and the increase of the average salaries and wages ratio are directly related with it.

Keywords: International environment; republic budget; interrelations; economic conjuncture; correlation analysis. (search for similar items in EconPapers)
Date: 2008
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http://ep.swu.bg/index.php/archive/2014/27-budget- ... the-period-2002-2013 (text/html)

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Persistent link: https://EconPapers.repec.org/RePEc:neo:journl:v:4:y:2008:i:3:p:15-23

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