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 econo...
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| Format: | Policy Research Working Paper |
| Language: | English |
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World Bank, Washington, DC
2012
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| Online Access: | http://documents.worldbank.org/curated/en/2008/03/9092984/dynamics-ownership-durable-goods-bulgaria-economic-crisis-eu-membership http://hdl.handle.net/10986/6536 |
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okr-10986-65362021-04-23T14:02:31Z The Dynamics of Ownership of Durable Goods in Bulgaria : From Economic Crisis to EU Membership Ivaschenko, Oleksiy Ersado, Lire 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 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. 2012-05-29T15:06:35Z 2012-05-29T15:06:35Z 2008-03 http://documents.worldbank.org/curated/en/2008/03/9092984/dynamics-ownership-durable-goods-bulgaria-economic-crisis-eu-membership http://hdl.handle.net/10986/6536 English Policy Research Working Paper; No. 4567 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank, Washington, DC Publications & Research :: Policy Research Working Paper Publications & Research Europe and Central Asia Bulgaria |
| repository_type |
Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English |
| topic |
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 |
| spellingShingle |
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 Ivaschenko, Oleksiy Ersado, Lire The Dynamics of Ownership of Durable Goods in Bulgaria : From Economic Crisis to EU Membership |
| geographic_facet |
Europe and Central Asia Bulgaria |
| relation |
Policy Research Working Paper; No. 4567 |
| description |
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. |
| format |
Publications & Research :: Policy Research Working Paper |
| author |
Ivaschenko, Oleksiy Ersado, Lire |
| author_facet |
Ivaschenko, Oleksiy Ersado, Lire |
| author_sort |
Ivaschenko, Oleksiy |
| title |
The Dynamics of Ownership of Durable Goods in Bulgaria : From Economic Crisis to EU Membership |
| title_short |
The Dynamics of Ownership of Durable Goods in Bulgaria : From Economic Crisis to EU Membership |
| title_full |
The Dynamics of Ownership of Durable Goods in Bulgaria : From Economic Crisis to EU Membership |
| title_fullStr |
The Dynamics of Ownership of Durable Goods in Bulgaria : From Economic Crisis to EU Membership |
| title_full_unstemmed |
The Dynamics of Ownership of Durable Goods in Bulgaria : From Economic Crisis to EU Membership |
| title_sort |
dynamics of ownership of durable goods in bulgaria : from economic crisis to eu membership |
| publisher |
World Bank, Washington, DC |
| publishDate |
2012 |
| url |
http://documents.worldbank.org/curated/en/2008/03/9092984/dynamics-ownership-durable-goods-bulgaria-economic-crisis-eu-membership http://hdl.handle.net/10986/6536 |
| _version_ |
1764400443572617216 |