Evaluation of the Efficiency of Expenditures of Non-Financial Enterprises by Economic Activities in Bulgaria

Michal Stojanov

Izvestia Journal of the Union of Scientists - Varna. Economic Sciences Series, 2021, vol. 10, issue 1, 133-140

Abstract: In the conditions of continuously changing market environment, the business agents are looking for working strategies and tools for improving the use of resources and achieving the desired economic and social effects. The paper evaluates and critically analyses two key metrics for measuring the expenditure efficiency of non-financial enterprises in Bulgaria by selected groups of economic activities and total for 2010 and 2019. The study confirms that certain economic activities of the national economy perform superior than others, which in comparative and dynamic aspect, confirms the ability of some economic agents to perform better in terms of optimization decisions for resource allocation, additionally is validated the logical relation of higher revenues from the activities of economic operators are caused by higher costs/expenses and vice versa.

Keywords: efficiency of expenditures; non-financial enterprises; economic activities; Covid-19 (search for similar items in EconPapers)
JEL-codes: D20 D61 (search for similar items in EconPapers)
Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:vra:journl:v:10:y:2021:i:1:p:133-140

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