An output-based measurement of EU bioeconomy services: Marrying statistics with policy insight.

ABSTRACT: In its revised bioeconomy strategy, the European Union (EU) has extended the scope of activities to include services. Employing an output-based approach, this study quantifies the contribution of bioeconomy services to gross domestic product and employment in the EU Member States over 2008-2017. Moreover, it also identifies the main sectoral sources of employment and growth within bioeconomy services. The choice of Eurostat statistics ensures data harmonisation across countries and continuity for future updates, although important data needs are identified to enhance the representation of bioeconomy services within European statistical frameworks. In 2015-2017, economic growth was stronger in bioeconomy services than in the total EU economy. Bioeconomy services accounted for between 5.0-8.

SUBMITTER: Ronzon T 

PROVIDER: S-EPMC8939855 | biostudies-literature | 2022 Mar

REPOSITORIES: biostudies-literature