IDEAS home Printed from https://ideas.repec.org/a/ags/aieabj/347567.html
   My bibliography  Save this article

The forest-based bioeconomy in Latvia: economic and environmental importance

Author

Listed:
  • Tetere, Vineta
  • Peerlings, Jack
  • Dries, Liesbeth

Abstract

The bioeconomy is considered a means to achieving a climate-neutral economy as aimed for in the EU Green Deal. For Latvia, the forest-based bioeconomy has the potential to contribute to this aim. An operational definition of the forest-based bioeconomy is needed to calculate its size. This research aims to provide such a definition and to determine the contribution of the forest-based bioeconomy to GDP, employment, and greenhouse gas emissions. The direct and indirect contribution of the forest-based bioeconomy to economic indicators and climate change is identified using an input-output model. The results of the model show that the forest-based bioeconomy contributes 6.4% to GDP and 6.6% to total employment in Latvia. The contribution to greenhouse gas emissions is 4.9%. Furthermore, if CO2 sequestration is included, the forest-based bioeconomy becomes climate neutral.

Suggested Citation

  • Tetere, Vineta & Peerlings, Jack & Dries, Liesbeth, 2023. "The forest-based bioeconomy in Latvia: economic and environmental importance," Bio-based and Applied Economics Journal, Italian Association of Agricultural and Applied Economics (AIEAA), vol. 12(4), December.
    • Handle: RePEc:ags:aieabj:347567
    DOI: 10.22004/ag.econ.347567
    as

    Download full text from publisher

    File URL: https://ageconsearch.umn.edu/record/347567/files/The%20forest-based%20bioeconomy.pdf
    Download Restriction: no
    File URL: https://libkey.io/10.22004/ag.econ.347567?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ags:aieabj:347567. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: AgEcon Search (email available below). General contact details of provider: https://edirc.repec.org/data/aieaaea.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.