Articles

• Lilyana Stoeva

  Scientific Periodicals in Economics - Scientometric Aspects

  Abstract ▾ PDF

  Presented from scientometric point of view is the publication activity of the journals in the field of economic science: "Economic Thought" (Institute of Economics at BAS); "Economic Studies" (Institute of Economics at BAS; D. A. Tsenov Academy of Economics - Svishtov; Varna Economics University), "Economic Alternatives" (UNWE), "Business management" (D. A. Tsenov Academy of Economics - Svishtov), "News" (Varna Economics University).
  The research is undertaken in three directions: distribution of scientific papers by subject by years; distribution of publications by type and years depending on their function and purpose; structure of the composition of authors by their institutional affiliation and productivity.
  The period 2001 - 2006 is studied. Analyzed is the condition of quantitive characteristics and indicators on the activity of scientific journals in the field of economic science through this period.

• Ivan Stoykov — Economic Research Institute аt BAS

  The Inflation Pressure Today - Manifestations and Impact

  Abstract ▾ PDF

  An analysis is made on the status of national economy and the possibilities for growth. A conclusion is grounded that there exists inflation pressure which will increase. A position is presented concerning the possibilities for solving the emerging economic and social problems.

• Dimitar Nenkov — University of National and World Economy

  Actual and Fundamental Rates "Price-Earnings" on the Bulgarian Capital Market

  Abstract ▾ PDF

  This study is focused upon the price-earnings ratio, which is the basis of one of the most popular methods for relative valuation of companies, in terms of the opportunity for its application in Bulgaria. The study investigates the specifics of calculating relevant and reliable average price-earnings ratios (P/E) on the Bulgarian Stock Exchange, Sofia, as well as the relation between actual price-earnings ratios and fundamentals. With regard to this, fundamental price-earnings ratios have also been estimated and compared to actual price-earnings ratios for a group of companies. The results of the study indicate that the average levels of actual P/E ratios, though not high in absolute terms, are generally quite higher than the levels, implied by fundamentals.

• Hristo Mavrov — University of National and World Economy

  The Dependence between Unemployment and GDP in Bulgaria: Application of Direct and Reverse Regression

  Abstract ▾ PDF

  Examined is the dependence between rates of growth and change in the level of unemployment, known as Okun's law. A position is held that because of the bilateral character of the dependence two regressions can be applied - direct and reverse. A stand is taken that there exists a bilateral dependence between unemployment and gross domestic product and the choice on a model of assessment (direct or reverse regression) is determined by the goals of the researcher.

• Nevena Stancheva — University of Economics – Varna

  Measurement of the Trade Flows between the EU and Mercosur through Gravitation Analysis

  Abstract ▾ PDF

  This paper discusses the main factors that determine the interregional trade flows between EU and Mercosur. We apply the gravity model framework (cross-section and panel data) to examine the interregional integration effects on the trade volume for the period 1995-2005. The results show that further trade liberalization will be beneficial for both regional blocks. We found evidences for trade creation effect and "death of the distance" effect.