WHICH FIRMS WON OUT THE CRISIS? Cover Image

КОИ ФИРМИ СПЕЧЕЛИХА ОТ КРИЗАТА?
WHICH FIRMS WON OUT THE CRISIS?

Author(s): Todor Yalamov, Teodor Atanasov
Subject(s): Economy, Supranational / Global Economy, Financial Markets
Published by: Бургаски свободен университет
Keywords: crisis; firm-level analysis

Summary/Abstract: The paper identifies two types of successful firms – (1) those with declining trend of turnover prior the 2009-2010 and increasing trend of turnover after the crisis, and (2) faster increase of turnover after the crisis compared with before that. 10% increase in employed reduces the probability to be type 1 winner by 2.6% and increases the probability to be type 2 winner by 2.6%. Type 2 winners improve turnover per employed after the crisis.

  • Issue Year: 2016
  • Issue No: IX
  • Page Range: 327-334
  • Page Count: 8
  • Language: Bulgarian