Sigma Convergent Analysis of The Production Structure of the Bulgarian Economy

Abstract

The article examines the structural convergence of production in the Bulgarian economy to the Eurozone using the σ analysis methodology. It first shows the dynamics of the aggregated divergence index and then of the dissimilarity and distance index. These three indices were calculated for each year of the analyzed period, and when interpreting their results, emphasis is placed on the direction and speed of their change over time.