Factors for Bioeconomy Development in EU Countries with Different Overall Levels of Economic Development

Andrzej Czyżewski, Andrzej Grzyb, Anna Matuszczak and Mariola Michałowska
Additional contact information
Andrzej Czyżewski: Faculty of Economics and Management, University of Zielona Góra, ul. Podgórna 50, 65-246 Zielona Góra, Poland
Andrzej Grzyb: The Polish Parliament, Kancelaria Sejmu, ul. Wiejska 4/6/8, 00-902 Warszawa, Poland
Anna Matuszczak: Department of Macroeconomics and Agricultural Economics, Institute of Economics, Poznań University of Economics and Business, al. Niepodległości 10, 61-875 Poznań, Poland
Mariola Michałowska: Faculty of Economics and Management, University of Zielona Góra, ul. Podgórna 50, 65-246 Zielona Góra, Poland

Energies, 2021, vol. 14, issue 11, 1-21

Abstract: The aim of this article is to indicate the rationale for the development of the bioeconomy in selected EU countries depending on their overall level of economic development. The research was based on four highly developed countries, i.e., Germany, France, Finland and Denmark, and four medium-developed countries, i.e., Poland, Hungary, Czech Republic, and Slovakia for the period 2001–2018. Renewable energy consumption, biomass and agricultural production were analysed as determinants of the bioeconomy development. The question was also answered whether differences in terms of measures determining the level of bioeconomy development between countries with different levels of economic development during the studied period are decreasing or increasing, using sigma (σ)-convergence coefficients. It is shown that the development of the bioeconomy of the studied countries is related to their level of economic development. In the middle economically developed countries, real opportunities for the development of the bioeconomy are noted, through a high share of agriculture in national income; and in highly developed countries—high spending on research and development and the growth of eco-innovation, which contributes to maintaining a development advantage between these groups of countries.

Keywords: bioeconomy; EU countries; agriculture; renewable energy; biomass (search for similar items in EconPapers)
JEL-codes: Q Q0 Q4 Q40 Q41 Q42 Q43 Q47 Q48 Q49 (search for similar items in EconPapers)
Date: 2021
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (6)

Downloads: (external link)
https://www.mdpi.com/1996-1073/14/11/3182/pdf (application/pdf)
https://www.mdpi.com/1996-1073/14/11/3182/ (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:gam:jeners:v:14:y:2021:i:11:p:3182-:d:564907

Access Statistics for this article

Energies is currently edited by Ms. Agatha Cao

More articles in Energies from MDPI
Bibliographic data for series maintained by MDPI Indexing Manager ().