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Assessing the Bioeconomy's Contribution to Evidence-Based Policy. A Comparative Analysis of Value Added Measurements.

Tévécia Ronzon
European Commission, Joint Research Centre (JRC), Seville, Spain
Bio
Patricia Gurria
Agricultural Economics and Rural Policy Group, Wageningen University, The Netherlands
Michael Carus
Nova-Institut GmbH, 50354 Hürth, Germany
Kutay Cingiz
Agricultural Economics and Rural Policy Group, Wageningen University, The Netherlands
Andrea El-Meligi
European Commission, Joint Research Centre (JRC), Seville, Spain
Nicolas Hark
Nova-Institut GmbH, 50354 Hürth, Germany
Susanne Iost
Thünen Institute of International Forestry and Forest Economics, Hamburg, Germany
Robert M’Barek
European Commission, Joint Research Centre (JRC), Seville, Spain
George Philippidis
Agrifood and Technology Research Centre (CITA), Zaragoza, Spain
Myrna van Leeuwen
Wageningen Economic Research, International Policy, The Hague, The Netherlands
Justus Wesseler
Agricultural Economics and Rural Policy Group, Wageningen University, The Netherlands

Published 2024-06-13

Keywords

  • Bioeconomy,
  • methodologies,
  • bio-based industries,
  • value added,
  • Europe,
  • input-output tables
  • ...More
    Less

How to Cite

Ronzon, T., Gurria, P., Carus, M., Cingiz, K., El-Meligi, A., Hark, N., Iost, S., M’Barek, R., Philippidis, G., van Leeuwen, M., & Wesseler, J. (2024). Assessing the Bioeconomy’s Contribution to Evidence-Based Policy. A Comparative Analysis of Value Added Measurements. Bio-Based and Applied Economics. Retrieved from https://oaj.fupress.net/index.php/bae/article/view/14563

Funding data

  • European Commission
    Grant numbers Administrative Arrangement N° JRC 34488-2016;BioMonitor project grant agreement N°773297

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.