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Assessing the bioeconomy’s contribution to evidence-based policy: A comparative analysis of value added measurements

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  • Ronzon, Tévécia
  • Gurria, Patricia
  • Carus, Michael
  • Cingiz, Kutay
  • El-Meligi, Andrea
  • Hark, Nicolas
  • Iost, Susanne
  • M’Barek, Robert
  • Philippidis, George
  • van Leeuwen, Myrna
  • Wesseler, Justus

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 approach-es, 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.

Suggested Citation

  • Ronzon, Tévécia & Gurria, Patricia & Carus, Michael & Cingiz, Kutay & El-Meligi, Andrea & Hark, Nicolas & Iost, Susanne & M’Barek, Robert & Philippidis, George & van Leeuwen, Myrna & Wesseler, Justus, 2024. "Assessing the bioeconomy’s contribution to evidence-based policy: A comparative analysis of value added measurements," Bio-based and Applied Economics Journal, Italian Association of Agricultural and Applied Economics (AIEAA), vol. 13(4).
    • Handle: RePEc:ags:aieabj:361311
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