INFLUENCE OF THE STATE SUPPORT ON THE PROFITABILITY OF THE COOPERATIVES IN THE SOUTH-EAST REGION OF THE REPUBLIC OF BULGARIA

Agriculture is important for the sustenance of any country. But the incomes realized by agricultural producers are lower compared to those obtained in other sectors. The predominant representatives in the sector are micro and small enterprises. They do not have sufficient financial means to make t...

Full description

Bibliographic Details
Main Author: D. Stoyanova
Format: Article
Language:English
Published: Trakia University 2023-12-01
Series:Trakia Journal of Sciences
Subjects:
Online Access:http://tru.uni-sz.bg/tsj/Volume%2021,%202023,%20Supplement%201,%20Series%20Social%20Sciences/1%20%D1%81%D0%B5%D0%BA%D1%86%D0%B8%D1%8F/%D0%B3%D0%BE%D1%82%D0%BE%D0%B2%D0%B8/10-D.Stoyanova.docx.pdf
_version_ 1797354140837347328
author D. Stoyanova
author_facet D. Stoyanova
author_sort D. Stoyanova
collection DOAJ
description Agriculture is important for the sustenance of any country. But the incomes realized by agricultural producers are lower compared to those obtained in other sectors. The predominant representatives in the sector are micro and small enterprises. They do not have sufficient financial means to make the necessary investments in the enterprise's activity process, and their access to external financing is very limited. This necessitates the key role of state intervention in order to preserve the well-being and development of agriculture in the country. By providing state support to cooperatives, the sustainable development of agricultural producers is promoted. It aims to support the economic development of rural areas and to increase the competitiveness of agriculture in general. Based on the results obtained from the applied regression model with fixed effects, evidence is found for the positive influence of state support on the profitability of agricultural cooperatives in the South-East region of the Republic of Bulgaria. It is established that the innovation and investment activity, as well as the size of the agricultural cooperatives in the South-East region of Bulgaria, are statistically significant indicators that influence the receipt of state support.
first_indexed 2024-03-08T13:45:15Z
format Article
id doaj.art-373610bb79ab450abdd08445517cf54d
institution Directory Open Access Journal
issn 1313-3551
language English
last_indexed 2024-03-08T13:45:15Z
publishDate 2023-12-01
publisher Trakia University
record_format Article
series Trakia Journal of Sciences
spelling doaj.art-373610bb79ab450abdd08445517cf54d2024-01-16T09:34:51ZengTrakia UniversityTrakia Journal of Sciences1313-35512023-12-0121Suppl.1535710.15547/tjs.2023.s.01.010INFLUENCE OF THE STATE SUPPORT ON THE PROFITABILITY OF THE COOPERATIVES IN THE SOUTH-EAST REGION OF THE REPUBLIC OF BULGARIAD. StoyanovaAgriculture is important for the sustenance of any country. But the incomes realized by agricultural producers are lower compared to those obtained in other sectors. The predominant representatives in the sector are micro and small enterprises. They do not have sufficient financial means to make the necessary investments in the enterprise's activity process, and their access to external financing is very limited. This necessitates the key role of state intervention in order to preserve the well-being and development of agriculture in the country. By providing state support to cooperatives, the sustainable development of agricultural producers is promoted. It aims to support the economic development of rural areas and to increase the competitiveness of agriculture in general. Based on the results obtained from the applied regression model with fixed effects, evidence is found for the positive influence of state support on the profitability of agricultural cooperatives in the South-East region of the Republic of Bulgaria. It is established that the innovation and investment activity, as well as the size of the agricultural cooperatives in the South-East region of Bulgaria, are statistically significant indicators that influence the receipt of state support.http://tru.uni-sz.bg/tsj/Volume%2021,%202023,%20Supplement%201,%20Series%20Social%20Sciences/1%20%D1%81%D0%B5%D0%BA%D1%86%D0%B8%D1%8F/%D0%B3%D0%BE%D1%82%D0%BE%D0%B2%D0%B8/10-D.Stoyanova.docx.pdfstate supportprofitabilityinvestment activityinnovation activitycooperatives
spellingShingle D. Stoyanova
INFLUENCE OF THE STATE SUPPORT ON THE PROFITABILITY OF THE COOPERATIVES IN THE SOUTH-EAST REGION OF THE REPUBLIC OF BULGARIA
Trakia Journal of Sciences
state support
profitability
investment activity
innovation activity
cooperatives
title INFLUENCE OF THE STATE SUPPORT ON THE PROFITABILITY OF THE COOPERATIVES IN THE SOUTH-EAST REGION OF THE REPUBLIC OF BULGARIA
title_full INFLUENCE OF THE STATE SUPPORT ON THE PROFITABILITY OF THE COOPERATIVES IN THE SOUTH-EAST REGION OF THE REPUBLIC OF BULGARIA
title_fullStr INFLUENCE OF THE STATE SUPPORT ON THE PROFITABILITY OF THE COOPERATIVES IN THE SOUTH-EAST REGION OF THE REPUBLIC OF BULGARIA
title_full_unstemmed INFLUENCE OF THE STATE SUPPORT ON THE PROFITABILITY OF THE COOPERATIVES IN THE SOUTH-EAST REGION OF THE REPUBLIC OF BULGARIA
title_short INFLUENCE OF THE STATE SUPPORT ON THE PROFITABILITY OF THE COOPERATIVES IN THE SOUTH-EAST REGION OF THE REPUBLIC OF BULGARIA
title_sort influence of the state support on the profitability of the cooperatives in the south east region of the republic of bulgaria
topic state support
profitability
investment activity
innovation activity
cooperatives
url http://tru.uni-sz.bg/tsj/Volume%2021,%202023,%20Supplement%201,%20Series%20Social%20Sciences/1%20%D1%81%D0%B5%D0%BA%D1%86%D0%B8%D1%8F/%D0%B3%D0%BE%D1%82%D0%BE%D0%B2%D0%B8/10-D.Stoyanova.docx.pdf
work_keys_str_mv AT dstoyanova influenceofthestatesupportontheprofitabilityofthecooperativesinthesoutheastregionoftherepublicofbulgaria