Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/28617
Authors: 
Wydra, Sven
Year of Publication: 
2009
Series/Report no.: 
FZID discussion papers 08-2009
Abstract: 
Biotechnology is often regarded as a key technology with high potential for far-reaching social, environmental and economic impacts. Among others, the development and diffusion of biotechnology may have considerable economic effects on production and employment. This paper analyzes the economic impacts of different diffusion paths of biotechnology in some major application fields. Bottom-up technology information from literature, expert judgements and explicit scenario assumptions for various impact factors are combined and integrated in an input-output framework to calculate direct and indirect production and employment effects. The impact on net production and employment differs greatly between the different application sectors and depends on the respective importance of the various impact mechanisms. The indirect economic effects are rather high and exceed direct economic effects. These findings show the importance of a bottom-up approach as well as the consideration of indirect economic effects for appropriate analyses of the impact of biotechnology.
Subjects: 
Economic impacts of technologies
employment effects
input-output model
biotechnology
JEL: 
C67
O14
O33
J23
Persistent Identifier of the first edition: 
Document Type: 
Working Paper

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