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Impact Of The European Union Cohesion Policy On The Bulgaria‘S Economy In The Period 2007-2015

Author

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  • KALINA DUROVA

    (SWU "Neofit Rilski", Blagoevgrad, Bulgaria)

Abstract

The condition of European Union funds in Bulgaria and their impact on the country’s economy over the period 2007 – 2015 have been analyzed. The effects of European Union Cohesion Policy on economic growth, employment and unemployment in Bulgaria have been estimated via ordinary least squares regression of time-series data. The study results imply that in the short run the European funds absorption rate does not affect economic growth, employment and unemployment in Bulgaria.

Suggested Citation

  • Kalina Durova, 2018. "Impact Of The European Union Cohesion Policy On The Bulgaria‘S Economy In The Period 2007-2015," Economics and Management, Faculty of Economics, SOUTH-WEST UNIVERSITY "NEOFIT RILSKI", BLAGOEVGRAD, vol. 14(1), pages 22-35.
    • Handle: RePEc:neo:journl:v:14:y:2018:i:1:p:22-35
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    More about this item

    Keywords

    Bulgaria; Cohesion policy; short-term effects;
    All these keywords.

    JEL classification:

    • F02 - International Economics - - General - - - International Economic Order and Integration
    • F15 - International Economics - - Trade - - - Economic Integration
    • F36 - International Economics - - International Finance - - - Financial Aspects of Economic Integration

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