The Dynamics of Ownership of Durable Goods in Bulgaria : From Economic Crisis to EU Membership
The paper uses repeated cross-sections
of Bulgaria's household survey data (1995, 1997, 2001,
and 2003) and a comparable list of durable goods to
investigate the dynamics and distribution of durable goods
over time, including during the economic crisis of
1996-1997 and the subsequent period of relatively robust
economic growth leading up to European Union membership. It
examines the dynamics of the ownership of durable goods by
wealth classes, geographic locations, and various ethnic
groups, including the Roma. In the aggregate, there was
convergence between the poorest and the richest classes in
the ownership of durable goods between 1995 and 2003, with
the poorest class making a significant gain between 2001 and
2003 after having lost some ground between 1995 and 2001.
There was also convergence in the ownership of durable goods
between urban and rural residents. However, there appear to
be some diverging tendencies between Bulgarians and the
minority ethnic groups, particularly in the ownership of
relatively more expensive goods such as personal computers
and cars.
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Bibliographic Details
| Main Authors: |
Ivaschenko, Oleksiy,
Ersado, Lire |
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| Language: | English |
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| Published: |
World Bank, Washington, DC
2008-03
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| Subjects: | ABSOLUTE VALUE,
AFFILIATED ORGANIZATIONS,
ANNUAL GROWTH,
ASSET ACCUMULATION,
ASSETS,
BANK POLICY,
COLLATERAL,
COMMODITIES,
COMPARATIVE ECONOMICS,
CONSUMPTION EXPENDITURES,
CORRELATION COEFFICIENT,
COUNTRY DUMMIES,
DEPENDENT VARIABLE,
DURABLE,
DURABLE GOOD,
DURABLE GOODS,
DURABLES,
ECONOMIC CONDITIONS,
ECONOMIC CRISES,
ECONOMIC CRISIS,
ECONOMIC GROWTH,
EDUCATIONAL ATTAINMENT,
ELASTICITY,
ETHNIC GROUPS,
ETHNIC MINORITIES,
ETHNIC MINORITY,
EXPLANATORY VARIABLES,
FISCAL DISCIPLINE,
FIXED EFFECTS,
GROWTH RATE,
HOUSEHOLD WEALTH,
HOUSEHOLD WELFARE,
HOUSEHOLDS,
HUMAN DEVELOPMENT,
ID,
INCOME MEASURES,
INEQUALITY,
INFLATION,
INTERNATIONAL BANK,
LIVING STANDARD,
LIVING STANDARDS,
LONG-TERM ASSETS,
LOW- INCOME FAMILIES,
MACROECONOMIC INDICATORS,
MACROECONOMIC POLICIES,
MARKET ECONOMY,
MINORITY ETHNIC GROUPS,
MINORITY GROUPS,
NATIONAL ECONOMY,
NEGATIVE SHOCK,
PER CAPITA INCOME,
PERSONAL COMPUTER,
PERSONAL COMPUTERS,
POVERTY LEVELS,
PRODUCTIVE ASSETS,
PRODUCTIVE INVESTMENTS,
RATE OF GROWTH,
REAL CONSUMPTION,
REAL ESTATE,
REAL GDP,
STANDARD DEVIATION,
STOCKS,
STRUCTURAL REFORMS,
TRANSITION COUNTRIES,
UNION,
URBAN AREAS,
VALUE OF ASSETS,
WEALTH, |
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| Online Access: | http://documents.worldbank.org/curated/en/2008/03/9092984/dynamics-ownership-durable-goods-bulgaria-economic-crisis-eu-membership
https://hdl.handle.net/10986/6536
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