Economics 21

ISSN: 2534-9457 (Online)
ISSN: 1314-3123 (Print)

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  • Nina Koteva
    The Economic Efficiency and Financial Sustainability of Agricultural Holdings
    JEL: Q12, Q14
    Keywords: agricultural holdings, CAP of the EU, economic efficiency, financial sustainability
    Summary: The purpose of this article is to study the levels and trends of some basic indicators characterizing the economic efficiency and financial sustainability of agricultural holdings. The study is based on official statistical information (NSI, MAF, Eurostat) and covers the period 2006-2013. It uses the following survey methods: systematic and comparative analysis; method of statistical groupings, inductive and deductive methods of analysis. The survey results show that there is no clear steady upward trend in the efficiency and financial sustainability of agricultural holdings in the country. The economic performance of agricultural holdings growing field crops repeatedly exceed the performance achieved in the other types of holdings, mainly due to the larger sizes of the holdings and the support received rather than the more efficient production. The agricultural holdings growing perennial crops are in the most unfavourable situation.
  • Nina Koteva, Desislava Toteva, Emilia Sokolova
    Methodological and Methodical Issues of the Economic Sustainability of Agriculture and Agricultural farms
    JEL: Q12, Q56
    Keywords: agriculture, agricultural farms, economic sustainability, economic efficiency, competitiveness, financial stability, adaptability
    Summary: Based on a critical review of scientific literature, the category ‘economic sustainability’ is defined as the dynamic development of agrarian systems over a long period of time in line with the changes in the external and internal environment which ensures efficient performance, good financial condition and competitiveness. We observe the hierarchical levels of the system for assessing economic sustainability to first select the principles, and then the criteria and indicators to be employed in the assessment, so as to reveal the characteristics and the underlying and significant aspects of the performance of the agricultural sector and agricultural farms.

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Editorial board

  • Chief Editor: Prof. Ivan Verbanov, PhD
  • Vice Editor: Prof. Rumen Georgiev, DSc(Econ)