Chobanov, George; Egbert, Henrik - In: Comparative Economic Studies 49 (2007) 4, pp. 683-698
The paper explores the dynamics of the transaction sector in the Bulgarian economy. We use the measuring strategy developed by Wallis and North in 1986. The calculations show an increase in the transaction sector in the country within the period 1997–2003 from about 37% to more than 52% of...
