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The Bulgarian macroeconomic dynamic trajectory in the period 1990-2010 is taken shape under the determinant action of certain internal and external factors. The most importance among the cumulative internal factors has the processes, related to the market economy transition. They cause...
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growth in Bulgaria using cointegration analysis and Granger causality technique. The bounds testing approach to cointegration …
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We examine the evolution of industrial output in Bulgaria, Hungary, Poland and Romania over the period 1989-1995 in …
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allocation, employs growth accounting in Bulgaria relative to a frontier country (Germany), and tries to explain the Total Factor … better and a "catching up" effect of Bulgaria’s Total Factor Productivity levels towards those of Germany has been observed …. Finally, the study provides policy recommendations facilitating the Invisible Hand Process in Bulgaria for a more rapid …
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