DETERMINANTS OF ECONOMIC GROWTH IN BULGARIA

Authors

Keywords
economic growth, GDP, balance of payments, current account, current transfers

Summary
This study focuses on the most prominent theories about modeling economic growth. The factors of economic growth in Bulgaria are studied in terms of econo-metrics. The main determinants of growth are identified and the strength of their impact is measured. The positive multiplier effect of final consumption, gross capital formation, government expenditures on employee compensation, exports and unilateral gratuitous transfers are determined. Opportunities for stimulating economic growth in Bulgaria are analyzed in the short and long run.

JEL: F21, F24, F43
Pages: 23
Price: 3 Points

More titles

  • STUDY OF THE WEB ANALYTICS MARKET

    Aiming to increase the productivity of their marketing budgets, more companies realize the necessity of measuring the results of online activities. This study was prompted by the growing interest of business to use web analytics tools. It reviews some factors that affect the diffusion of web analytics tools and provides an overview of the key ...

  • GRAPHICAL ANALYSIS TECHNIQUES OF MARKET TRENDS

    The current research paper presents a comparative analysis of the various types of charts that are normally applied in trading financial instruments. Patterns that are applicable in European as well as in US and Japanese practices are systematized. The study systematizes the „price models” of trend analysis. The peculiar features of the „turning” ...

  • INCOMES, CONSUMPTION AND ECONOMIC GROWTH

    Eeconomic growth can be influenced by a number of factors, but certainly among the most important ones are the incomes and consumption of the population. An increase in incomes leads to increased consumption, which in turn, stimulates pro-duction, i.e. the creation of more goods and services and therefore causes an increase in the volume of gross ...