Ralitsa Ganeva - Academia.edu (original) (raw)
Papers by Ralitsa Ganeva
In this paper we present a modification of a Solow-type model with human capital. We introduce an... more In this paper we present a modification of a Solow-type model with human capital. We introduce an assumption of non-effectiveness of education and training systems and other means of human capital investment, which leads to new results concerning steady-state economic growth and convergence.
The question raised in the present paper is: What is the human capital during the communism and w... more The question raised in the present paper is: What is the human capital during the communism and which are the key political and economic determinants of its formation during this period? Firstly, a measurement of the human capital is conducted on the basis of quantitative educational indicators. The empirical analysis suggests twelve new time series on human capital, which are consistent with the modern approaches of human capital measurement. Secondly, key political and economic determinants are identified following a survey on relevant documents in the State Archives and social science research from the period. We observe a considerable improvement in human capital stocks over the period. Significant changes occur at the end of 50s and during the 60s. Later, at the end of the 70s and during the 80s of 20th century we observe decline in participation in the educational ysytem. In the beginning of the transition to market economy about 60% of the population in Bulgaria has attained ...
The main objective of the paper is to provide an estimation of the impact of the investments in e... more The main objective of the paper is to provide an estimation of the impact of the investments in education and science in Bulgaria, financed by the European structural instruments. It provides net impact assessment as of end of 2012 as well as projections of potential effect until 2020. The methodology used is based on application of SIBILA model (Vasilev, Ganev, Simeonova-Ganeva, Chobanov & Tsvetkov, 2011).
Основните въпроси, които са проследени в рамките на анализа са свързани с макроикономическото раз... more Основните въпроси, които са проследени в рамките на анализа са свързани с макроикономическото развитие на страната през последните години; характерните за страната особености, в сравнение с характеристиките на страните-членки на ЕС; състоянието на земеделието и хранително-вкусовата промишленост; и социално-икономическото състояние в селските райони и качеството на живот. В допълнение са анализирани и идентифицирани факторите за развитие в отделните видове селски райони, които са имали определяща роля през последните години, и които следва да бъдат стимулирани. Направена е и оценка на въздействието на европейските фондове върху икономическото развитие. В заключение са формулирани основните проблеми и потребности и е изведен SWOT анализ на социално-икономическите процеси в селските райони, който е структуриран около приоритетите на ЕС за развитие на селските райони.
Journal of Small Business Management
This study examines how digital technologies affect the international expansion of female-led sma... more This study examines how digital technologies affect the international expansion of female-led small and medium-sized enterprises (SMEs). Digital technologies have the potential to democratize entrepreneurship by providing access to international market knowledge and facilitating interactions with customers and partners. Building on the original Penrosean specification of the resource-based view and the notion of versatility of resources, we propose that digital technologies impact positively SME internationalization through the mediation of international market intelligence. Furthermore, we posit that female entrepreneurs will leverage the enabling effects of digital technologies more than their male counterparts. The hypotheses are tested on a representative sample of 300 Bulgarian SMEs. Implications for policy and research are advanced.
The paper presents the results of an empirical investigation of the internationalization of the B... more The paper presents the results of an empirical investigation of the internationalization of the Bulgarian SMEs in the textile sector. The study explores why and how the studied enterprises have internationalized their activities focusing on the following aspects: innovativeness of the products that are subject to internationalization, preferred foreign markets and the reasons for these preferences, mode of entrance in the foreign markets, motives for internationalization, management of internationalization, share of foreign sales income in total sales income. The empirical findings reveal the influence of the internationalization characteristics on the organizational performance of the Bulgarian textile SMEs. Drawing upon the empirical results the paper provides recommendations for greater specialization in the export of products with high value added.
This article has two main objectives: The first one is to review the most commonly used methods o... more This article has two main objectives: The first one is to review the most commonly used methods of measuring human capital in the macroeconomic analysis. Here, a summary of methods considering educational characteristics of population and labour force is presented, such as usage of literacy rate, enrollment rates, educational attainment, labor income and quality of education. A challenge in front of human capital measuring is solving the problems related to its depreciation as well as those relating to the quality of education. Another disadvantage of the discussed approaches stems from a key assumption (imposed due to objective reasons) that the education leads to equal accumulation of human capital in all students. The inclusion of individual factors in measuring the stock of human capital is still an unsolved problem in economics. The second objective of the paper is to apply some of these approaches to the economy of Bulgaria in the years of communism (for which there are no hum...
In Bulgaria, during the transition to market-oriented economy, many analyzes are based on the wid... more In Bulgaria, during the transition to market-oriented economy, many analyzes are based on the widely held view that one of the positive legacies of the economies in transition (particularly that of Bulgaria) is the high level of human capital. The high degree of development of education and science is considered one of the few highly valued achievements of the socialist economy. Discussions focused on policies to stimulate economic growth indicate that the proper education of the workforce is an essential prerequisite to achieve positive macroeconomic results. Despite these opinions, however, the economic literature still lacks comprehensive empirical studies based on quantitative analysis on the relationship between human capital and economic growth in Bulgaria for the years of socialism and the transition. The purpose of the thesis is to analyze the impact of human capital on economic growth in Bulgaria during the years of socialism and the transition using the concepts of the mod...
European Journal of Economics and Business Studies
The variety of existing work schedules offers advantages and disadvantages for workers, as well a... more The variety of existing work schedules offers advantages and disadvantages for workers, as well as for their employers. While some flexibility in working hours is oriented to the needs of workers (beyond the minimum standards required for the protection of the employed), another is focused on meeting the needs of businesses (in the literature concerning the working hours, it is often called “variation”).
Short presentation of the main issues and aims of the thesis Recent research suggests looking int... more Short presentation of the main issues and aims of the thesis Recent research suggests looking into factoring and securitization of trade receivables as new and potentially important tools to increase the access to external finance for small firms. Evaluating the efficiency of these schemes and the effect of government support to SMEs through funding them is an important problem given the economic importance of small firms and their exposition to credit rationing. A well specified theoretical model that builds upon empirical data study and qualitative case study analysis will provide insights into the design of an efficient institutional framework and risk transfer transactions. The objective of the proposed research is to study empirically current external financing techniques used throughout the enlarged EU in the context of local financial institution structures, lending infrastructures, and small firms' characteristics. Afterwards, I plan to combine the empirical results with a case study analysis of a working factoring scheme, and propose theoretical model that handles the risks provoked from moral hazard and adverse selection problems within the asymmetric information between the SMEs and investors. Short status of where you are in the process of your Ph.D. thesis writing View publication stats View publication stats
Yordanova, D., Vladimirov, Z. and R. Simeonova-Ganeva (2012) ”Internationalisation of the SMEs in... more Yordanova, D., Vladimirov, Z. and R. Simeonova-Ganeva (2012) ”Internationalisation of the SMEs in the Apparel Industry: evidence from Bulgaria”, FEBA YearBook, Sofia University St. Kliment Ohridski, in print.
Проф. д.ик.н. Желю Владимиров Гл. ас. д-р Десислава Йорданова Гл. ас. д-р Ралица Ганева ИНТЕРНАЦИ... more Проф. д.ик.н. Желю Владимиров Гл. ас. д-р Десислава Йорданова Гл. ас. д-р Ралица Ганева ИНТЕРНАЦИОНАЛИЗАЦИЯ НА БЪЛГАРСКИТЕ МАЛКИ И СРЕДНИ ПРЕДПРИЯТИЯ ОТ ТЕКСТИЛНИЯ БРАНШ РЕЗЮМЕ В статията се представят основните резултати от емпирично изследване на интернационализацията на българските МСП от текстилния бранш. Изследването търси отговор защо и как изследваните предприятия са интернационализирали дейността си от гледна точка на следните аспекти: степента на новост на продуктите, които са предмет на интернационализация; предпочитаните чужди пазари и причините за това; начините за навлизане на чужд пазар; мотиви за интернационализация; дейности, свързани с управлението на интернационализацията; делът на приходите от интернационализация от общите приходи от продажби. Резултатите разкриват влиянието на характеристиките на интернационализацията на българските МСП от текстилния бранш върху крайните организационни резултати. На тази основа са направени и съответни препоръки за подобрата специализация в износ на продукти с висока добавена стойност.
In this paper we present a modification of a Solow-type model with human capital. We introduce an... more In this paper we present a modification of a Solow-type model with human capital. We introduce an assumption of non-effectiveness of education and training systems and other means of human capital investment, which leads to new results concerning steady-state economic growth and convergence.
The question raised in the present paper is: What is the human capital during the communism and w... more The question raised in the present paper is: What is the human capital during the communism and which are the key political and economic determinants of its formation during this period? Firstly, a measurement of the human capital is conducted on the basis of quantitative educational indicators. The empirical analysis suggests twelve new time series on human capital, which are consistent with the modern approaches of human capital measurement. Secondly, key political and economic determinants are identified following a survey on relevant documents in the State Archives and social science research from the period. We observe a considerable improvement in human capital stocks over the period. Significant changes occur at the end of 50s and during the 60s. Later, at the end of the 70s and during the 80s of 20th century we observe decline in participation in the educational ysytem. In the beginning of the transition to market economy about 60% of the population in Bulgaria has attained ...
The main objective of the paper is to provide an estimation of the impact of the investments in e... more The main objective of the paper is to provide an estimation of the impact of the investments in education and science in Bulgaria, financed by the European structural instruments. It provides net impact assessment as of end of 2012 as well as projections of potential effect until 2020. The methodology used is based on application of SIBILA model (Vasilev, Ganev, Simeonova-Ganeva, Chobanov & Tsvetkov, 2011).
Основните въпроси, които са проследени в рамките на анализа са свързани с макроикономическото раз... more Основните въпроси, които са проследени в рамките на анализа са свързани с макроикономическото развитие на страната през последните години; характерните за страната особености, в сравнение с характеристиките на страните-членки на ЕС; състоянието на земеделието и хранително-вкусовата промишленост; и социално-икономическото състояние в селските райони и качеството на живот. В допълнение са анализирани и идентифицирани факторите за развитие в отделните видове селски райони, които са имали определяща роля през последните години, и които следва да бъдат стимулирани. Направена е и оценка на въздействието на европейските фондове върху икономическото развитие. В заключение са формулирани основните проблеми и потребности и е изведен SWOT анализ на социално-икономическите процеси в селските райони, който е структуриран около приоритетите на ЕС за развитие на селските райони.
Journal of Small Business Management
This study examines how digital technologies affect the international expansion of female-led sma... more This study examines how digital technologies affect the international expansion of female-led small and medium-sized enterprises (SMEs). Digital technologies have the potential to democratize entrepreneurship by providing access to international market knowledge and facilitating interactions with customers and partners. Building on the original Penrosean specification of the resource-based view and the notion of versatility of resources, we propose that digital technologies impact positively SME internationalization through the mediation of international market intelligence. Furthermore, we posit that female entrepreneurs will leverage the enabling effects of digital technologies more than their male counterparts. The hypotheses are tested on a representative sample of 300 Bulgarian SMEs. Implications for policy and research are advanced.
The paper presents the results of an empirical investigation of the internationalization of the B... more The paper presents the results of an empirical investigation of the internationalization of the Bulgarian SMEs in the textile sector. The study explores why and how the studied enterprises have internationalized their activities focusing on the following aspects: innovativeness of the products that are subject to internationalization, preferred foreign markets and the reasons for these preferences, mode of entrance in the foreign markets, motives for internationalization, management of internationalization, share of foreign sales income in total sales income. The empirical findings reveal the influence of the internationalization characteristics on the organizational performance of the Bulgarian textile SMEs. Drawing upon the empirical results the paper provides recommendations for greater specialization in the export of products with high value added.
This article has two main objectives: The first one is to review the most commonly used methods o... more This article has two main objectives: The first one is to review the most commonly used methods of measuring human capital in the macroeconomic analysis. Here, a summary of methods considering educational characteristics of population and labour force is presented, such as usage of literacy rate, enrollment rates, educational attainment, labor income and quality of education. A challenge in front of human capital measuring is solving the problems related to its depreciation as well as those relating to the quality of education. Another disadvantage of the discussed approaches stems from a key assumption (imposed due to objective reasons) that the education leads to equal accumulation of human capital in all students. The inclusion of individual factors in measuring the stock of human capital is still an unsolved problem in economics. The second objective of the paper is to apply some of these approaches to the economy of Bulgaria in the years of communism (for which there are no hum...
In Bulgaria, during the transition to market-oriented economy, many analyzes are based on the wid... more In Bulgaria, during the transition to market-oriented economy, many analyzes are based on the widely held view that one of the positive legacies of the economies in transition (particularly that of Bulgaria) is the high level of human capital. The high degree of development of education and science is considered one of the few highly valued achievements of the socialist economy. Discussions focused on policies to stimulate economic growth indicate that the proper education of the workforce is an essential prerequisite to achieve positive macroeconomic results. Despite these opinions, however, the economic literature still lacks comprehensive empirical studies based on quantitative analysis on the relationship between human capital and economic growth in Bulgaria for the years of socialism and the transition. The purpose of the thesis is to analyze the impact of human capital on economic growth in Bulgaria during the years of socialism and the transition using the concepts of the mod...
European Journal of Economics and Business Studies
The variety of existing work schedules offers advantages and disadvantages for workers, as well a... more The variety of existing work schedules offers advantages and disadvantages for workers, as well as for their employers. While some flexibility in working hours is oriented to the needs of workers (beyond the minimum standards required for the protection of the employed), another is focused on meeting the needs of businesses (in the literature concerning the working hours, it is often called “variation”).
Short presentation of the main issues and aims of the thesis Recent research suggests looking int... more Short presentation of the main issues and aims of the thesis Recent research suggests looking into factoring and securitization of trade receivables as new and potentially important tools to increase the access to external finance for small firms. Evaluating the efficiency of these schemes and the effect of government support to SMEs through funding them is an important problem given the economic importance of small firms and their exposition to credit rationing. A well specified theoretical model that builds upon empirical data study and qualitative case study analysis will provide insights into the design of an efficient institutional framework and risk transfer transactions. The objective of the proposed research is to study empirically current external financing techniques used throughout the enlarged EU in the context of local financial institution structures, lending infrastructures, and small firms' characteristics. Afterwards, I plan to combine the empirical results with a case study analysis of a working factoring scheme, and propose theoretical model that handles the risks provoked from moral hazard and adverse selection problems within the asymmetric information between the SMEs and investors. Short status of where you are in the process of your Ph.D. thesis writing View publication stats View publication stats
Yordanova, D., Vladimirov, Z. and R. Simeonova-Ganeva (2012) ”Internationalisation of the SMEs in... more Yordanova, D., Vladimirov, Z. and R. Simeonova-Ganeva (2012) ”Internationalisation of the SMEs in the Apparel Industry: evidence from Bulgaria”, FEBA YearBook, Sofia University St. Kliment Ohridski, in print.
Проф. д.ик.н. Желю Владимиров Гл. ас. д-р Десислава Йорданова Гл. ас. д-р Ралица Ганева ИНТЕРНАЦИ... more Проф. д.ик.н. Желю Владимиров Гл. ас. д-р Десислава Йорданова Гл. ас. д-р Ралица Ганева ИНТЕРНАЦИОНАЛИЗАЦИЯ НА БЪЛГАРСКИТЕ МАЛКИ И СРЕДНИ ПРЕДПРИЯТИЯ ОТ ТЕКСТИЛНИЯ БРАНШ РЕЗЮМЕ В статията се представят основните резултати от емпирично изследване на интернационализацията на българските МСП от текстилния бранш. Изследването търси отговор защо и как изследваните предприятия са интернационализирали дейността си от гледна точка на следните аспекти: степента на новост на продуктите, които са предмет на интернационализация; предпочитаните чужди пазари и причините за това; начините за навлизане на чужд пазар; мотиви за интернационализация; дейности, свързани с управлението на интернационализацията; делът на приходите от интернационализация от общите приходи от продажби. Резултатите разкриват влиянието на характеристиките на интернационализацията на българските МСП от текстилния бранш върху крайните организационни резултати. На тази основа са направени и съответни препоръки за подобрата специализация в износ на продукти с висока добавена стойност.