Published in Scientific Papers. Series "Management, Economic Engineering in Agriculture and rural development", Vol. 24 ISSUE 1
Written by Vanya GEORGIEVA
The article examines the impact of subsidies on agricultural holdings of different economic sizes in Bulgaria for the period 2014-2020. The objective is to dissect the dispersion and repercussions of these subsidies on the gross and net earnings of these enterprises. The research is rooted in a thorough exploration of existing literature and utilizes a spectrum of analytical techniques, including comparative analysis, regression analysis, and fixed effects models. The findings underscore the substantial role of subsidies in shaping the revenue of Bulgarian agricultural producers. This validates the primary hypothesis that subsidies bolster the financial health of enterprises and foster the resilience of the agricultural sector overall. Nonetheless, it's crucial to note that the magnitude and efficacy of the subsidies' impact fluctuate based on the economic scale of the enterprises. This underscores the need for a differentiated approach in determining subsidy policies, taking into account the specific needs of different groups of agricultural producers.