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Bulgaria - EU: Dynamics of Approximation in Export Specialization

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  • Hadjinikolov, Dimitar

Abstract

The article analyses the sectoral specialization of Bulgarian exports, making a comparison with the sectoral specialization of the EU as an entity and some of the new member states. It focuses on the question of whether Bulgaria's five years of EU membership contributed to the approximation of the export specialization or differences have remained. In case there is an approximation, is it an accidental or an objective process that is observed in the other new EU member states from Central and Eastern Europe that have a similar economic structure? The answer is sought by using the index of export specialization. This index is calculated on the basis of the product groups, selected by the author in compliance with the Standard International Trade Classification. Moreover, the aggregate sectoral index deviations are compared by countries. Based on the comparative analysis, conclusions are made about the current situation of Bulgaria's export specialization and about the factors that impact the approximation process of the export specialization of the EU member states.

Suggested Citation

  • Hadjinikolov, Dimitar, 2012. "Bulgaria - EU: Dynamics of Approximation in Export Specialization," MPRA Paper 48249, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:48249
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    File URL: https://mpra.ub.uni-muenchen.de/48249/1/MPRA_paper_48249.pdf
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    References listed on IDEAS

    as
    1. Leamer, Edward E. & Levinsohn, James, 1995. "International trade theory: The evidence," Handbook of International Economics, in: G. M. Grossman & K. Rogoff (ed.), Handbook of International Economics, edition 1, volume 3, chapter 26, pages 1339-1394, Elsevier.
    2. Luca De Benedictis & Massimo Tamberi, 2004. "Overall Specialization Empirics: Techniques and Applications," Open Economies Review, Springer, vol. 15(4), pages 323-346, October.
    3. Paskal Zhelev, 2009. "Export Specialisation of Bulgaria in the Relations with the European Union (1999-2007)," Nauchni trudove, University of National and World Economy, Sofia, Bulgaria, issue 1, pages 229-278, March.
    4. Jeroen Hinloopen & Charles Marrewijk, 2001. "On the empirical distribution of the Balassa index," Review of World Economics (Weltwirtschaftliches Archiv), Springer;Institut für Weltwirtschaft (Kiel Institute for the World Economy), vol. 137(1), pages 1-35, March.
    5. Markusen, James R. & Melvin, James R. & Maskus, Keith E. & Kaempfer, William, 1995. "International trade: theory and evidence," MPRA Paper 21989, University Library of Munich, Germany.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    export specialization; international trade; Bulgaria; European Union;
    All these keywords.

    JEL classification:

    • F13 - International Economics - - Trade - - - Trade Policy; International Trade Organizations
    • F15 - International Economics - - Trade - - - Economic Integration
    • F17 - International Economics - - Trade - - - Trade Forecasting and Simulation
    • F4 - International Economics - - Macroeconomic Aspects of International Trade and Finance

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