Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/321802 
Year of Publication: 
2024
Citation: 
[Journal:] Bio-based and Applied Economics (BAE) [ISSN:] 2280-6172 [Volume:] 13 [Issue:] 4 [Year:] 2024 [Pages:] 317-331
Publisher: 
Firenze University Press, Florence
Abstract: 
This paper reviews the main approaches found in the literature to measure the size of the European bioeconomy. The various estimations published might be confusing at first sight, reporting a value added of the European bioeconomy within the large range of EUR 881 billion to EUR 2.3 trillion. However, each approach is best suited to measuring a different aspect of the bioeconomy. Using the different approaches, we estimate that markets of bio-based products and energy generate EUR 730-790 billion of value added, the use of biomass within the European economy generates EUR 670 billion of value added, and the sourcing of core bioeconomy industries with goods and services generates EUR 270 billion of value added. There is no evidence of an increased use of biomass inputs in EU industries in substitution of fossil resources, nor of a decreasing dependence of traditional bioeconomy industries towards fossil resources over the period 2005-2015.
Subjects: 
Bioeconomy
methodologies
bio-based industries
value added
Europe
input-output tables
JEL: 
Q57
Persistent Identifier of the first edition: 
Creative Commons License: 
cc-by Logo
Document Type: 
Article

Files in This Item:
File
Size





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.