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

Abstract

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