South-East Region in Bulgaria: Economic Performance and Key Sectors Analysis

• Main Author: Antoaneta GOLEMANOVA
• Format: Article
• Language: English
• Published: Dunarea de Jos University of Galati 2008-01-01
• Series: Annals of Dunarea de Jos University. Fascicle I : Economics and Applied Informatics
• Subjects: Input-Output; GRIT; backward linkages; input-output elasticities; SER
• Online Access: http://www.ann.ugal.ro/eco/Doc%202008/Antoaneta%20GOLEMANOVA.pdf

The present paper attempts to provide insight into the economicperformance of the South-east region (SER) of Bulgaria by presenting quantitativerelationships between sectors in the regional economy. Methodologically it is basedon the construction of the regional Input–Output model. It was carried out troughapplying the non-servey GRIT technique, based on Flegg & Webber locationquotient (2000). The dirived Rasmussen & Hirschman backward linkages andMattas & Shrestha input-output elasticities from the model enable to identify thekey economic sectors within the region. This could be considered as a starting pointfor the future impact assesment of different EU policies, as well as designing ofbetter regional development strategies, assuring better economic performance.