Insights into the Sustainable Development of the Bioeconomy at the European Level, in the Context of the Desired Clean Environment

Delia-Elena Diaconașu, Ionel Bostan (), Cristina Căutișanu and Irina Chiriac
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Delia-Elena Diaconașu: Department of Social Sciences and Humanities, The Institute of Interdisciplinary Research, Alexandru Ioan Cuza University of Iaşi, 11 Carol I Boulevard, 700506 Iasi, Romania
Ionel Bostan: Centre for European Studies, Faculty of Law, Alexandru Ioan Cuza University of Iași, 11 Carol I Boulevard, 700506 Iasi, Romania
Cristina Căutișanu: CERNESIM Environmental Research Center, The Institute of Interdisciplinary Research, Alexandru Ioan Cuza University of Iaşi, 11 Carol I Boulevard, 700506 Iasi, Romania
Irina Chiriac: Department of Social Sciences and Humanities, The Institute of Interdisciplinary Research, Alexandru Ioan Cuza University of Iaşi, 11 Carol I Boulevard, 700506 Iasi, Romania
Authors registered in the RePEc Author Service: Delia Elena Diaconaşu

IJERPH, 2022, vol. 19, issue 18, 1-14

Abstract: The increasing awareness of the impact of global climate change has brought bio-based projects back into consideration. Thus, having as supports the reality of the troubling scenario that threatens the entire ecosystem and the up-to-date theoretical discourse and debate on sustainable development, this article aims to investigate the socio-economic and institutional determinants that trigger the dynamics of the bioeconomy value added indicator—a valuable instrument developed and recently launched by the EU’s BioMonitor project. Using a panel corrected standard errors framework, we find that investment in human development along with innovation, the growing role of women and sound public governance have a positive effect on the transition towards a durable and resilient bioeconomy at the European level. This naturally implies that a combination of social and technological innovation can ensure the rise of a sustainable bioeconomy.

Keywords: economic-social-environmental trinity; bioeconomy value added; sustainable development; human capital; role of women; informal institutions; panel corrected standard errors estimator (search for similar items in EconPapers)
JEL-codes: I I1 I3 Q Q5 (search for similar items in EconPapers)
Date: 2022
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3)

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Persistent link: https://EconPapers.repec.org/RePEc:gam:jijerp:v:19:y:2022:i:18:p:11286-:d:909876

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