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Measuring the contribution of the bioeconomy: the case of Colombia and Antioquia

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  • Alviar, Mauricio
  • García-Suaza, Andrés
  • Ramírez-Gómez, Laura
  • Villegas-Velásquez, Simón

Abstract

The bioeconomy has gained attention in policy and academia scenarios as well as the need for strategies to foster the transition toward a more sustainable economic model. This paper provides evidence of the contribution of the bioeconomy to the value added and employment in Colombia and Antioquia, one of its regions. Since knowledge and scientific research are determinant factors for the bioeconomy strategies, relevant indicators of human capital and bioeconomy-related research capacities are studied for the case of Antioquia. The results show that bioeconomy in Colombia represents around 11% of the total value added and 21% of the national employment, which provides a baseline to building a monitoring strategy of the bioeconomy in Colombia and its regions.

Suggested Citation

  • Alviar, Mauricio & García-Suaza, Andrés & Ramírez-Gómez, Laura & Villegas-Velásquez, Simón, 2020. "Measuring the contribution of the bioeconomy: the case of Colombia and Antioquia," Working papers 71, Red Investigadores de Economía.
    • Handle: RePEc:rie:riecdt:71
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    2. 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, vol. 2(1), pages 281-312, March.
    3. 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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    5. 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.

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    More about this item

    Keywords

    Knowledge-based bioeconomy; Sustainable development; Bio-based industries; 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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