arXiv subjects
Publications and source records attributed to Shteryo Nozharov.
Two fundamental issues are incorporated in the present monograph: the issue related to the quantification of the social costs and the issue, related to the defining of the circular economy concept as a theoretical model. The analysis is based on the methodology of the new institutional economics, which fact distinguishes it from the many other circular economy analysis based on the neo-classical methodological apparatus.
The research is done in the context of the upcoming introduction of new European legislation for the first time for regulation of minimum wage at European level. Its purpose is to identify the direction and strength of the correlation amongst changes of minimum wage and unemployment rate in the context of conflicting findings of the scientific literature. There will be used statistical instruments for the purposes of the analysis as it incorporates data for Bulgaria for the period 1991-2021. The significance of the research is related to the transition to digital economy and the necessity for complex transformation of the minimum wage functions in the context of the new socio-economic reality.
The publication is one of the first studies of its kind, devoted to the economic dimension of crimes against cultural and archaeological heritage. Lack of research in this area is largely due to irregular global prevalence vague definition of economic value of the damage these crimes cause to the society at national and global level, to present and future generations. The author uses classical models of Becker and Freeman, by modifying and complementing them with the tools of economics of culture based on the values of non-use. The model tries to determine the opportunity costs of this type of crime in several scenarios and based on this to determine the extent of their limitation at an affordable cost to society and raising public benefits of conservation of World and National Heritage.
The main purpose of the current publication is to formulate a scenario model for analysis of the opportunities for low-carbon economy establishment in the countries with transition economies.The model studies risk factors such as shadow economy level and populism based on the implementation and development of Balkan countries economic policy and at the same time shows future climate changes tendencies and uncertainties of climate models.A transdisciplinary approach is implemented in the study. Climate change perception and understanding about low-carbon economy are examined through the public opinion and analysis of mass-media publications.The results of the research are important in order to clarify the multicultural divergences as a factor for risk and uncertainty in the implementation process of the policy for climate change.In this way geographical aspects of risk and uncertainty, which are not only related to the economic development of the relevant countries, could be brought out.
The aim of this study is to contribute to the theory of exogenous economic shocks and their equivalents in an attempt to explain business cycle fluctuations, which still do not have a clear explanation. To this end the author has developed an econometric model based on a regression analysis. Another objective is to tackle the issue of hybrid threats, which have not yet been subjected to a cross-disciplinary research. These were reviewed in terms of their economic characteristics in order to complement research in the fields of defence and security.
The main purpose of the study is to develop the model for transaction costs measurement in the Collective Waste Recovery Systems. The methodology of New Institutional Economics is used in the research. The impact of the study is related both to the enlargement of the limits of the theory about the interaction between transaction costs and social costs and to the identification of institutional failures of the European concept for circular economy. A new model for social costs measurement is developed. Keywords: circular economy, transaction costs, extended producer responsibility JEL: A13, C51, D23, L22, Q53
The methods of new institutional economics for identifying the transaction costs of trade litigations in Bulgaria are used in the current paper. For the needs of the research, an indicative model, measuring this type of costs on microeconomic level, is applied in the study. The main purpose of the model is to forecast the rational behavior of trade litigation parties in accordance with the transaction costs in the process of enforcing the execution of the signed commercial contract. The application of the model is related to the more accurate measurement of the transaction costs on microeconomic level, which fact could lead to better prediction and management of these costs in order market efficiency and economic growth to be achieved. In addition, it is made an attempt to be analysed the efficiency of the institutional change of the commercial justice system and the impact of the reform of the judicial system over the economic turnover. The augmentation or lack of reduction of the transaction costs in trade litigations would mean inefficiency of the reform of the judicial system. JEL Codes: O43, P48, D23, K12
The study aims to identify the institutional flaws of the current EU waste management model by analysing the economic model of extended producer responsibility and collective waste management systems and to create a model for measuring the transaction costs borne by waste recovery organizations. The model was approbated by analysing the Bulgarian collective waste management systems that have been complying with the EU legislation for the last 10 years. The analysis focuses on waste oils because of their economic importance and the limited number of studies and analyses in this field as the predominant body of research to date has mainly addressed packaging waste, mixed household waste or discarded electrical and electronic equipment. The study aims to support the process of establishing a circular economy in the EU, which was initiated in 2015.