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Measuring Romania’Sbioeconomy In The Context Of Eu Development Strategy

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  • ANDREEA CIRSTEA

    (BABES-BOLYAI UNIVERSITY, FACULTY OF ECONOMICS AND BUSINESS ADMINISTRATION, CLUJ-NAPOCA, ROMANIA)

Abstract

Bioeconomy is one of the economic sectors to which significant attention is paid in the development strategies at EU level. This sector can be a key factor in reachingthe strategic goals for climate change and sustainable consumption. This paper aims to create an overview of the Romania bioeconomy sectorand to emphasize the development of the sector in relation with EU bioeconomy. To measure the development of the sector three relevant indicators were chosen: people employed in the sector, turnover and value added of the bioeconomy. The period selected for the study of the indicators was 2008-2017. The main findings of the research highlight that, at EU level, bioeconomy sector is continuously increasing for the selected period regarding all indicators. For Romania was observed a slight decrease of the indicators. Despite that Romania can be considered one of the most important European countries in the context of the people employed in bioeconomy. Agriculture was identified as the main industry in terms of people employed and value added for Romania.

Suggested Citation

  • Andreea Cirstea, 2020. "Measuring Romania’Sbioeconomy In The Context Of Eu Development Strategy," Annals - Economy Series, Constantin Brancusi University, Faculty of Economics, vol. 5, pages 247-256, October.
    • Handle: RePEc:cbu:jrnlec:y:2020:v:5:p:247-256
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    References listed on IDEAS

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    1. Stefania Bracco & Ozgul Calicioglu & Marta Gomez San Juan & Alessandro Flammini, 2018. "Assessing the Contribution of Bioeconomy to the Total Economy: A Review of National Frameworks," Sustainability, MDPI, vol. 10(6), pages 1-17, May.
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    Cited by:

    1. Balan Emilia Mary, 2022. "Where Is Romania In The European Union’S Bioeconomic Context? The Cluster Analyses Approach," Annals - Economy Series, Constantin Brancusi University, Faculty of Economics, vol. 1, pages 172-184, February.

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