Munich Personal RePEc Archive

Bulgaria's export competitiveness before and after EU accession

Zhelev, Paskal and Tzanov, Tzvetomir (2012): Bulgaria's export competitiveness before and after EU accession. Published in: EAST-WEST Journal of ECONOMICS and BUSINESS , Vol. XV, No. 1&2 (2012): pp. 107-128.

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Abstract

The paper gives an insight on Bulgaria’s export competitiveness in the framework of EU accession as the analysis covers the period 2002-2009. The results bear evidence of a low export performance in terms of diversification, factor intensity and technological sophistication and a significant lagging behind countries like Hungary, Slovakia, and in certain fields Romania. It is mostly attributed to low-grade sector specialization. The integration within the EU so far has not accelerated technological catch-up. For instance, recent evidence indicates unexpected export growth in traditional industries as Bulgaria overwhelmingly remains steadily anchored in low value-added competition on international markets.

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