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Dynamics of Production Factor Costs in the Bulgarian Agricultural Sector – National and Regional Dimensions

Author

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  • Damyan Kirechev

    (University of Economics – Varna, Bulgaria)

Abstract

The aim of the study is aimed at the analysis and evaluation of the factors forming the production factors cost in agricultural holdings in Bulgaria, for the period 2007-2020. Changes in the composition, structure and dynamics of production factor costs are examined. The importance of subsidies and public support under the CAP for the formation of net income on Bulgarian farms is demonstrated. There is a need to rethink expenditure policies in order to contain the rate of change in factor costs.

Suggested Citation

  • Damyan Kirechev, 2022. "Dynamics of Production Factor Costs in the Bulgarian Agricultural Sector – National and Regional Dimensions," Scientific Conference of the Department of General Economic Theory, University of Economics - Varna, issue 1, pages 126-138.
    • Handle: RePEc:vrn:oitcon:y:2022:i:1:p:126-138
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    More about this item

    Keywords

    Agriculture; Interest costs; Production factor costs; Rent costs; Wages costs;
    All these keywords.

    JEL classification:

    • Q12 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Micro Analysis of Farm Firms, Farm Households, and Farm Input Markets
    • Q18 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Agricultural Policy; Food Policy; Animal Welfare Policy

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