Original article Macroeconomics and Monetary Economics

EVALUATION OF THE ECONOMIC IMPACT OF A COUNTRY`S ACCESSION TO THE SCHENGEN AREA – THE CASE OF BULGARIA

Daniela Bobeva - Economic Research Institute аt BAS
Nedialko Nestorov - Associate Professor at the Economic Research Institute at the Bulgarian Academy of Sciences, Department „Economics of the Firm“. ORCID 0000-0002-1028-0531
Atanas Pavlov - Economic Research Institute at the Bulgarian Academy of Sciences ORCID 0009-0003-7702-1352
Simeon Stoilov - PhD student at the Economic Research Institute at the Bulgarian Academy of Sciences
Received: 24 Jul 2024
Revised:
Published:
Downloads: 0
Citations: 0
Book 2/2024
JEL F15 B41 C13 B17
DOI https://doi.org/10.56497/etj2469201

Abstract

The Schengen agreement further strengthens the implementation of the principles of free movement of goods, services and persons provided in the EU and beyond. This intergovernmental agreement offers a lot of challenges that need to be examined for building understanding of the complexity of consequences of a large magnitude. The aim of this study is to develop and apply a comprehensive methodology in order to evaluate the economic effects of a country`s accession to the Schengen area. The study explores different types of economic implications, including direct, potential, ecological and fiscal effects. Moreover, the universality of the methodology provides for its comprehensive and wide applicability under different context and scenarios of abolition of border control. The developed methodology has been applied in order to evaluate the economic impact on Bulgaria from the country`s accession to the Schengen area.

How to cite this article

Bobeva, D., Nestorov, N., Pavlov, A., Stoilov, S. (2024). Evaluation of the Economic Impact of a Country`s Accession to the Schengen Area – the Case of Bulgaria. Economic Thought Journal, 69 (2), 139-163. https://doi.org/10.56497/etj2469201

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