Structural Convergence of Bulgaria With the Euro Area Cover Image

Структурна конвергенция на България към Еврозоната според разпределението на заетостта сред икономическите сектори
Structural Convergence of Bulgaria With the Euro Area

Author(s): Kristina Stefanova
Subject(s): Politics / Political Sciences, Politics, Economy, Supranational / Global Economy, Economic policy, EU-Accession / EU-DEvelopment
Published by: Университет за национално и световно стопанство (УНСС)
Keywords: structural convergence; employment; Bulgaria; euro area; divergence index; sigma convergence

Summary/Abstract: The paper aims to verify the existence of structural convergence of Bulgaria with the euro area, which is an additional assessment of the readiness of the economy to adopt the euro. By evaluating the divergence index and applying sigma convergence analysis, the existence of structural convergence of Bulgaria to the Eurozone in the period 2000 – 2019 regarding the distribution of employment among economic sectors is identified. There is also convergence between Bulgaria and the euro area regarding the relative share of employment also exists in the agriculture, forestry and fisheries sector and the services sector, but divergence in the industry sector.

  • Issue Year: 2021
  • Issue No: 4
  • Page Range: 129-143
  • Page Count: 15
  • Language: Bulgarian