Comparative Analysis of Domestic and Foreign-Owned Firms in the Bulgarian Economy

Svilena Mihaylova
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Svilena Mihaylova: University of Economics – Varna, Bulgaria

Scientific Conference of the Department of General Economic Theory, 2022, issue 1, 228-236

Abstract: Given the importance of foreign direct investment, the paper compares the performance of domestic and foreign-owned firms in the various sectors of the Bulgarian economy. First, a brief literature review about the impact of foreign ownership on firm’s performance is conducted. Second, based on Eurostat data for the period 2009-2019, the paper outlines the importance of foreign-owned firms for the turnover, value added, employment and investment activity in the different sectors of the economy. Third, domestic and foreign-owned firms are compared in terms of their average personnel costs, labour productivity and gross operating rate.

Keywords: Firm performance; Foreign direct investment; Multinational enterprises (search for similar items in EconPapers)
JEL-codes: F21 F23 L25 (search for similar items in EconPapers)
Date: 2022
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Persistent link: https://EconPapers.repec.org/RePEc:vrn:oitcon:y:2022:i:1:p:228-236

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