Konstantin Kolev – University of Forestry, 10 Kliment Ohridsky Blvd., Sofia 1797, Bulgaria

DOI: https://doi.org/10.31410/ERAZ.S.P.2019.109


5th International Conference – ERAZ 2019 – KNOWLEDGE BASED SUSTAINABLE DEVELOPMENT, Budapest – Hungary, May 23, 2019, SELECTED PAPERS

Published by: Association of Economists and Managers of the Balkans – Belgrade, Serbia
Conference partners: Faculty of Economics and Business, Mediterranean University, Montenegro; University of National and World Economy – Sofia, Bulgaria; Faculty of Commercial and Business Studies – Celje, Slovenia; Faculty of Applied Management, Economics and Finance – Belgrade, Serbia;

ISBN 978-86-80194-21-9, ISSN 2683-5568, DOI: https://doi.org/10.31410/ERAZ.S.P.2019

Abstract

The paper’s goal is to analyze the employment in Bulgaria and EU-28 by economic activities
of NACE Rev. 2 Statistical Classification of Economic Activities in the European Community, and on
this basis to reveal opportunities for increasing the employment in Bulgaria. The analysis of employment
by economic activities is based on shift-share analysis and the concept of the economic base. The
first one decomposes the changes in the number of employees on three parts: national, industrial and
regional. From the three components of the change the ‘regional share’ is the most important. It reveals
the economic activities, which have opportunities for growth in the respective region (in current study
in Bulgaria) due to its favourable conditions. According to the concept of the economic basis the local
economy (in current study the economy of Bulgaria) is divided on two sectors – basic and non-basic.
The economic sectors defined as basic form the economic base of the region and all other economic sectors
thrive by serving the basic ones. To determine the basic economic sectors of the respective regional
economy (in current study the economy of Bulgaria) location quotients are calculated. The results of
the two methods are summarized on the four-quadrant table, which allows the economic sectors to be
systematized into four groups – growing, transforming, declining and emerging. The most significant
sectors, which contribute to high extent for increasing of employment in the region (Bulgaria) are those
ones classified as growing.

Key words

employment, shift-share analysis, conception of economic base, location quotients, economic
sectors.

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