Sigma Convergent Analysis of The Production Structure of the Bulgarian Economy

Silvia Gospodinova ()
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Silvia Gospodinova: University of Economics - Varna, Varna, Bulgaria

Izvestia Journal of the Union of Scientists - Varna. Economic Sciences Series, 2023, issue 2, 164-171

Abstract: The article examines the structural convergence of production in the Bulgarian economy to the Eurozone using the σ analysis methodology. It first shows the dynamics of the aggregated divergence index and then of the dissimilarity and distance index. These three indices were calculated for each year of the analyzed period, and when interpreting their results, emphasis is placed on the direction and speed of their change over time.

Keywords: economic structure; structural convergence; sigma convergence; divergence index (search for similar items in EconPapers)
JEL-codes: E52 F02 L16 O47 (search for similar items in EconPapers)
Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:vrn:suvrna:y:2023:i:2:p:164-171

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