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Measuring the Contribution of the Bioeconomy: The Case of Colombia and Antioquia

Author

Listed:
  • Mauricio Alviar

    (School of Economics and Management, Universidad EIA, Envigado 055428, Colombia)

  • Andrés García-Suaza

    (School of Economics and Management, Universidad EIA, Envigado 055428, Colombia
    School of Economics, Universidad del Rosario, Bogotá 111711, Colombia)

  • Laura Ramírez-Gómez

    (School of Economics and Management, Universidad EIA, Envigado 055428, Colombia
    School of Economic Sciences, Universidad de Antioquia, Medellín 050010, Colombia)

  • Simón Villegas-Velásquez

    (School of Economics and Management, Universidad EIA, Envigado 055428, Colombia
    School of Sciences, Universidad Nacional de Colombia, Medellín 050041, Colombia)

Abstract

This paper proposes a set of five indicators to monitor the bioeconomy in Colombia and Antioquia, one of the main regions of the country. The proposed indicators encompass the dimensions of sustainability and emphasize the role of knowledge and scientific research as driving forces of the bioeconomy strategies. To estimate the contribution of the bioeconomy to value added, employment, and greenhouse gas emissions, an input–output analysis is carried out. In addition, text mining analysis techniques are implemented to identify the research groups with an agenda related to bioeconomy fields. Our results reveal an important slot to foster the growth of a sustainable bioeconomy that enables local economies to achieve inclusive growth.

Suggested Citation

  • Mauricio Alviar & Andrés García-Suaza & Laura Ramírez-Gómez & Simón Villegas-Velásquez, 2021. "Measuring the Contribution of the Bioeconomy: The Case of Colombia and Antioquia," Sustainability, MDPI, vol. 13(4), pages 1-26, February.
    • Handle: RePEc:gam:jsusta:v:13:y:2021:i:4:p:2353-:d:503660
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    Cited by:

    1. Michaela Perunová & Jarmila Zimmermannová, 2022. "Analysis of forestry employment within the bioeconomy labour market in the Czech Republic," Journal of Forest Science, Czech Academy of Agricultural Sciences, vol. 68(10), pages 385-394.
    2. Tina Highfill & Matthew Chambers, 2023. "Developing a National Measure of the Economic Contributions of the Bioeconomy," BEA Working Papers 0206, Bureau of Economic Analysis.
    3. Christina-Ioanna Papadopoulou & Efstratios Loizou & Fotios Chatzitheodoridis, 2022. "Priorities in Bioeconomy Strategies: A Systematic Literature Review," Energies, MDPI, vol. 15(19), pages 1-15, October.
    4. Rodrigo Salvador & Reinalda Blanco Pereira & Gabriel Fernandes Sales & Vanessa Campana Vergani Oliveira & Anthony Halog & Antonio C. Francisco, 2022. "Current Panorama, Practice Gaps, and Recommendations to Accelerate the Transition to a Circular Bioeconomy in Latin America and the Caribbean," Circular Economy and Sustainability,, Springer.
    5. Emilia Mary Balan & Cristina Georgiana Zeldea, 2023. "Bioeconomy in Romania: Investigating Farmers’ Knowledge," Sustainability, MDPI, vol. 15(10), pages 1-29, May.

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    More about this item

    Keywords

    knowledge-based bioeconomy; input-output analysis; sustainable development; bio-based industries; local strategies; Colombia;
    All these keywords.

    JEL classification:

    • Q01 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - General - - - Sustainable Development
    • Q57 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Ecological Economics
    • R58 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Regional Government Analysis - - - Regional Development Planning and Policy

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