The Correlation Between Human Capital and Gross Added Value in the Bioeconomy Sectors at the European Union (EU) Country Level

Neagu Olimpia (), Dumiter Florin (), Braica Alexandra (), Jimon Ștefania () and David Gabriela ()
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Neagu Olimpia: ”Vasile Goldiș” Western University of Arad, Romania
Dumiter Florin: ”Vasile Goldiș” Western University of Arad, Romania
Braica Alexandra: ”Vasile Goldiș” Western University of Arad, Romania
Jimon Ștefania: ”Vasile Goldiș” Western University of Arad, Romania; “Lucian Blaga” University of Sibiu, Romania
David Gabriela: ”Vasile Goldiș” Western University of Arad, Romania

Studia Universitatis „Vasile Goldis” Arad – Economics Series, 2019, vol. 29, issue 1, 1-20

Abstract: The paper aims to prove the link between human capital and gross added value in bioeconomy sectors in the EU countries. Data from EUROSTAT data base regarding employment and gross added value in 6 bioeconomy sectors were used in a cross-country regression analysis. The econometric analysis of cross-country data shows a positive correlation between human capital in bioeconomy sectors and their gross output in 2015 in 26 European countries. It is found also that the correlation is stronger in the highly developed economies as in the central-eastern countries, as well as in the European economy.

Keywords: competencies; green economy; smart economy; development (search for similar items in EconPapers)
JEL-codes: M10 M12 Q20 Q57 (search for similar items in EconPapers)
Date: 2019
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Persistent link: https://EconPapers.repec.org/RePEc:vrs:suvges:v:29:y:2019:i:1:p:1-20:n:1

DOI: 10.2478/sues-2019-0001

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