{"id":88088,"date":"2021-05-07T09:52:51","date_gmt":"2021-05-07T07:52:51","guid":{"rendered":"https:\/\/news.bio-based.eu\/?p=88088"},"modified":"2021-06-18T19:32:30","modified_gmt":"2021-06-18T17:32:30","slug":"measuring-the-size-of-the-european-bioeconomy-using-an-input-output-approach","status":"publish","type":"post","link":"https:\/\/renewable-carbon.eu\/news\/measuring-the-size-of-the-european-bioeconomy-using-an-input-output-approach\/","title":{"rendered":"Measuring the size of the European Bioeconomy using an Input-Output Approach"},"content":{"rendered":"<p><strong>27 April 2021 \u2013 The BioMonitor project has published a scientific paper, a dashboard, and a policy brief that show the development of the value added of the bioeconomy across 28 EU Member States and 16 industries using Input-Output statistics from 2005 to 2015.<\/strong><\/p>\n<figure id=\"attachment_88092\" aria-describedby=\"caption-attachment-88092\" style=\"width: 522px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-88092 \" src=\"https:\/\/renewable-carbon.eu\/news\/media\/2021\/06\/charles-deluvio-Z5ViTNhtPRs-unsplash.jpg\" alt=\"A carrot measured with a measuring tape as a metaphor for the research approach to how the bioeconomy in Europe should be measured.\" width=\"522\" height=\"348\" \/><figcaption id=\"caption-attachment-88092\" class=\"wp-caption-text\">Measuring the size of the European Bioeconomy using an Input-Output Approach<\/figcaption><\/figure>\n<p>&nbsp;<\/p>\n<p>Just like any other sector or industry, the bioeconomy cannot be monitored in a bubble. In it, one will find a complex network of resources, processes, and products. The BioMonitor project seeks to monitor and measure the sustainable development of the bioeconomy in a complete manner.<\/p>\n<p>Colleagues from Wageningen University and Research (WUR) proposed in a <a href=\"http:\/\/biomonitor.eu\/wp-content\/uploads\/2021\/03\/sustainability-13-03033.pdf\" target=\"_blank\" rel=\"noopener\">paper<\/a> an Input-Output approach to study the development of the national income share of the bioeconomy in 28 EU Member States (MS) and 16 industries, as identified by <a href=\"http:\/\/biomonitor.eu\/wp-content\/uploads\/2021\/01\/sustainability-13-00413.pdf\" target=\"_blank\" rel=\"noopener\">the project\u2019s scope<\/a>, from 2005 to 2015. Up- and downstream linkages were shown using Input-Output tables.<\/p>\n<p>The novelty of their approach is four-fold:<\/p>\n<ul>\n<li>They <strong>extended the downstream effect part of bioeconomy definition by including the upstream effect<\/strong>, which they defined as part of the value added of the output flow (from partly bioeconomy-based industries to fully bioeconomy-based ones);<\/li>\n<\/ul>\n<ul>\n<li>They <strong>calculated each industry\u2019s\u2019<\/strong> (defined by the International Standard Industrial Classificationof All Economic Activities (ISIC), Revision 4) <strong>bioeconomy value added shares<\/strong>;<\/li>\n<\/ul>\n<ul>\n<li>Following the BioMonitor project scope, they <strong>included the relevant industries of the economy following the EU sectorial definition of the bioeconomy.<\/strong> This enables them to have a robust measurement of the value-added shares of the bioeconomy;<\/li>\n<\/ul>\n<ul>\n<li>They <strong>applied the approach on data from 28 EU member countries from year 2005 to 2015 for a cross country measurement<\/strong>, a method that can be implemented on any Input\u2014Output table with certain adjustments on industry definitions. This approach provides a universal measurement method which is lacking in the literature.<\/li>\n<\/ul>\n<p>Results show, that for the majority of the MS, the value added of the up- and downstream sector is at the band of 40%\u201350% of the total bioeconomy value added and has on average increased since the financial crisis.<\/p>\n<p>They wrote a <a href=\"http:\/\/biomonitor.eu\/wp-content\/uploads\/2021\/04\/2021-04-19_BIO_PolicyBrief_4.pdf\" target=\"_blank\" rel=\"noopener\">BioMonitor policy brief<\/a>, which serves as a more digestible version of their scientific publication. Moreover, they developed a dashboard on <a href=\"https:\/\/datam.jrc.ec.europa.eu\/datam\/mashup\/BM_BIOECONOMIC_SHARES\/index.html\" target=\"_blank\" rel=\"noopener\">\u201cBioeconomic shares\u201d<\/a> in collaboration with the EC JRC. This serves as a complementary tool for the readers to give them moreis now made available at their DataM platform.<\/p>\n<p>It provides more details on the EU bioeconomy at an industry level. Results are based on their measurement approach, while the source data is taken from the OECD Input-Output Tables data. The main results one can see in the dashboard are as follows: EU Bioeconomy value added, EU Bioeconomy shares, Upstream and Downstream value added. Moreover, maps, graphics, and figures have also been provided to better illustrate their paper\u2019s main results.<\/p>\n<p><span style=\"text-decoration: underline;\">Reference:<\/span><\/p>\n<ul>\n<li>Cingiz K., Gonz\u00e1lez-Hermoso H., Heijman W., Wesseler J.H.H., A Cross-Country Measurement of the EU Bioeconomy: An Input-Output Approach. Sustainability, Volume 13, March 2021<\/li>\n<li><a href=\"http:\/\/biomonitor.eu\/wp-content\/uploads\/2021\/04\/2021-04-19_BIO_PolicyBrief_4.pdf\" target=\"_blank\" rel=\"noopener\">Access the policy brief on \u201cMeasuring the size of EU bioeconomy by Input-Output<\/a><\/li>\n<li><a href=\"https:\/\/datam.jrc.ec.europa.eu\/datam\/mashup\/BM_BIOECONOMIC_SHARES\/\" target=\"_blank\" rel=\"noopener\">Approach\u201d\u00a0Access the \u201cBioeconomic shares\u201d dashboard<\/a><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>27 April 2021 \u2013 The BioMonitor project has published a scientific paper, a dashboard, and a policy brief that show the development of the value added of the bioeconomy across 28 EU Member States and 16 industries using Input-Output statistics from 2005 to 2015. &nbsp; Just like any other sector or industry, the bioeconomy cannot [&#8230;]<\/p>\n","protected":false},"author":99,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_seopress_robots_primary_cat":"","nova_meta_subtitle":"","footnotes":""},"categories":[5572,7192],"tags":[5838,10416,6406,14441,5817],"supplier":[],"class_list":["post-88088","post","type-post","status-publish","format-standard","hentry","category-bio-based","category-novapress","tag-bioeconomy","tag-circulareconomy","tag-environment","tag-policy","tag-research"],"_links":{"self":[{"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/posts\/88088","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/users\/99"}],"replies":[{"embeddable":true,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/comments?post=88088"}],"version-history":[{"count":0,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/posts\/88088\/revisions"}],"wp:attachment":[{"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/media?parent=88088"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/categories?post=88088"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/tags?post=88088"},{"taxonomy":"supplier","embeddable":true,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/supplier?post=88088"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}