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Diversity in Bulgarian foreign trade

Author

Listed:
  • Aleksandar Shivarov

    (University of Economics - Varna)

Abstract

The aim of the paper is to explore the changes in Bulgarian exports after 2007 by sectors and main trading partners and to generate hypotheses for its future development. The author applies different measures of diversity as predictors of economic resilience, whereas resilience is understood as the capacity of a system to recover its functions and structure after an internal or external shock. The analysis relies on the UN Comtrade database. This study can be regarded as an initial step towards the identification of options for policies supporting export development as an important component of economic growth and enhanced resistance and ability to adapt to exogenous shocks.

Suggested Citation

  • Aleksandar Shivarov, 2014. "Diversity in Bulgarian foreign trade," Izvestia Journal of the Union of Scientists - Varna. Economic Sciences Series, Union of Scientists - Varna, Economic Sciences Section, issue 1, pages 63-71, November.
    • Handle: RePEc:vra:journl:y:2014:i:1:p:63-71
    as

    Download full text from publisher

    File URL: http://www.su-varna.org/izdanij/2014/Ikonomik-2014/Pages%2063-71.pdf
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    References listed on IDEAS

    as
    1. Lino Briguglio & Gordon Cordina & Nadia Farrugia & Stephanie Vella, 2009. "Economic Vulnerability and Resilience: Concepts and Measurements," Oxford Development Studies, Taylor & Francis Journals, vol. 37(3), pages 229-247.
    2. Hausmann, Ricardo & Hidalgo, Cesar, 2014. "The Atlas of Economic Complexity: Mapping Paths to Prosperity," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262525429, December.
    3. Richard Newfarmer & William Shaw & Peter Walkenhorst, 2009. "Breaking Into New Markets," World Bank Publications - Books, The World Bank Group, number 2616.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    export; vulnerability; resilience; diversification; economic complexity;
    All these keywords.

    JEL classification:

    • A00 - General Economics and Teaching - - General - - - General

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