REGIONAL SPECIALIZATION OF ECONOMIC SECTORS IN BULGARIA

• Main Author: Evgeni R. Genchev
• Format: Article
• Language: English
• Published: Union of Scientists - Stara Zagora 2019-02-01
• Series: Science & Research
• Subjects: regional specialization; economic sectors; gross added value; intersectoral linkages; bulgaria
• Online Access: http://www.sandtr.org/download.php?id=47

The importance and contribution of individual regions in the national economy is extremely important. In recent years, regional specialization has changed as a result of globalization, the penetration of new technologies and the need for more services from consumers The aim of the present study is to analyze the regularities in the economic development of the regions in Bulgaria and to reveal the interregional differences in three main sectors - agriculture, industry, and services. For data sources, we mainly use those published by the National Statistical Institute. The study period is from 2007 to 2016. As can be seen the share of economic sectors in the gross added value in Bulgaria in 2016, was respectively, agriculture has a share of 4,7 %, the industry contributed approximately 28% and the services sector contributed about 67 percent.