Issues Of The Investment Process On The Goods And Services Market In Republic Of Bulgaria

Svetlana Atanasova
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Svetlana Atanasova: Varna University of Economics

Business & Management Compass, 2015, issue 3, 81-92

Abstract: The investment process on the goods and services market is a structural element of the overall investment process in the economy, of the biggest specific weight. The process is of a clearly expressed cyclicity, closely connected with the phases of the economic cycle of the economy. At the same time the whole investment process on the goods and services market is of a relatively low efficiency. The low quantities and the negative values of the serial correlation of efficiency and marginal efficiency are proof that the information on the current state of the investment process on the goods and services market is not a factor for achieving higher efficiency on the part of trading companies in subsequent periods. The above sets as a prerequisite a low intensity of the creation and augmentation of capital.

Keywords: investments; efficiency; cyclicity; systemic sensitivity (search for similar items in EconPapers)
JEL-codes: L81 (search for similar items in EconPapers)
Date: 2015
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