IDEAS home Printed from https://ideas.repec.org/a/gam/jijerp/v17y2020i24p9381-d462318.html
   My bibliography  Save this article

The Role of the Foreign Sector in the Spanish Bioeconomy: Two Approaches Based on SAM Linear Models

Author

Listed:
  • Valeria Ferreira

    (Markets and Financial Analysis Research Group, Department of Business Management, Faculty of Business and Economics, Universitat Rovira i Virgili, 43204 Reus, Spain)

  • Laia Pié

    (Markets and Financial Analysis Research Group, Department of Business Management, Faculty of Business and Economics, Universitat Rovira i Virgili, 43204 Reus, Spain)

  • Antonio Terceño

    (Markets and Financial Analysis Research Group, Department of Business Management, Faculty of Business and Economics, Universitat Rovira i Virgili, 43204 Reus, Spain)

Abstract

The bioeconomy emerges as an opportunity to focus on a more sustainable economy, avoid dependence on non-renewable resources and help to mitigate negative environmental impacts. The bioeconomy is considered a priority for the European Union and for Spain, which launched its strategy in 2016. To promote the Spanish bioeconomy, the impact and variables that may influence its development must be known. While previous works have analyzed the domestic sectors, this paper focuses on analyzing the economic importance of Spanish bioeconomy products and on the influence of and the existing links between the foreign sector and the rest of the economy. For this purpose, we apply two different methodologies based on linear social accounting matrix (SAM) models. The linkages show that many bioeconomy products have the potential to promote the rest of the economy and the values of some product multipliers become more significant due to their import dependence. These results enable us to know the structure of the Spanish bioeconomy and the relationships within its account. This analysis is a useful tool for developing policies focused on fostering the bioeconomy and economic growth.

Suggested Citation

  • Valeria Ferreira & Laia Pié & Antonio Terceño, 2020. "The Role of the Foreign Sector in the Spanish Bioeconomy: Two Approaches Based on SAM Linear Models," IJERPH, MDPI, vol. 17(24), pages 1-25, December.
    • Handle: RePEc:gam:jijerp:v:17:y:2020:i:24:p:9381-:d:462318
    as

    Download full text from publisher

    File URL: https://www.mdpi.com/1660-4601/17/24/9381/pdf
    Download Restriction: no
    File URL: https://www.mdpi.com/1660-4601/17/24/9381/
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Alfredo J. Mainar Causape & Emanuele Ferrari & Scott McDonald, 2018. "Social accounting matrices: basic aspects and main steps for estimation," JRC Research Reports JRC112075, Joint Research Centre.
    2. Thijs ten Raa & José M. Rueda-Cantuche, 2021. "The Problem of Negatives Generated by the Commodity Technology Model in Input-Output Analysis: A Review of the Solutions," World Scientific Book Chapters, in: Efficiency and Input-Output Analyses Theory and Applications, chapter 18, pages 319-338, World Scientific Publishing Co. Pte. Ltd..
    3. Patricia D. Fuentes-Saguar & Alfredo J. Mainar-Causapé & Emanuele Ferrari, 2017. "The Role of Bioeconomy Sectors and Natural Resources in EU Economies: A Social Accounting Matrix-Based Analysis Approach," Sustainability, MDPI, vol. 9(12), pages 1-13, December.
    4. Manuel Alejandro Cardenete & Pierre Boulanger & María Del Carmen Delgado & Emanuele Ferrari & Robert M'Barek, 2014. "Agri-Food And Bio-Based Analysis In The Spanish Economy Using A Key Sector Approach," Review of Urban & Regional Development Studies, Wiley Blackwell, vol. 26(2), pages 112-134, July.
    5. Defourny, Jacques & Thorbecke, Erik, 1984. "Structural Path Analysis and Multiplier Decomposition within a Social Accounting Matrix Framework," Economic Journal, Royal Economic Society, vol. 94(373), pages 111-136, March.
    6. Swinda F. Pfau & Janneke E. Hagens & Ben Dankbaar & Antoine J. M. Smits, 2014. "Visions of Sustainability in Bioeconomy Research," Sustainability, MDPI, vol. 6(3), pages 1-28, March.
    7. George Philippidis & Ana I. Sanjuán-López, 2018. "A Re-Examination of the Structural Diversity of Biobased Activities and Regions across the EU," Sustainability, MDPI, vol. 10(11), pages 1-13, November.
    8. Subhash Janardhan Bhore, 2016. "Global Goals and Global Sustainability," IJERPH, MDPI, vol. 13(10), pages 1-2, October.
    9. Alfredo J. Mainar Causape & George Philippidis & Arnaldo Caivano, 2018. "BioSAMs for the EU Member States: Constructing Social Accounting Matrices with a detailed disaggregation of the bio-economy," JRC Research Reports JRC111812, Joint Research Centre.
    10. Pyatt, F Graham & Round, Jeffery I, 1979. "Accounting and Fixed Price Multipliers in a Social Accounting Matrix Framework," Economic Journal, Royal Economic Society, vol. 89(356), pages 850-873, December.
    11. Heather Krasna & Katarzyna Czabanowska & Shan Jiang & Simran Khadka & Haruka Morita & Julie Kornfeld & Jeffrey Shaman, 2020. "The Future of Careers at the Intersection of Climate Change and Public Health: What Can Job Postings and an Employer Survey Tell Us?," IJERPH, MDPI, vol. 17(4), pages 1-15, February.
    12. United Nations UN, 2015. "Transforming our World: the 2030 Agenda for Sustainable Development," Working Papers id:7559, eSocialSciences.
    13. Tévécia Ronzon & Robert M’Barek, 2018. "Socioeconomic Indicators to Monitor the EU’s Bioeconomy in Transition," Sustainability, MDPI, vol. 10(6), pages 1-22, May.
    14. Maria Elisa Di Cicco & Giuliana Ferrante & Doriana Amato & Antonino Capizzi & Carlo De Pieri & Valentina Agnese Ferraro & Maria Furno & Valentina Tranchino & Stefania La Grutta, 2020. "Climate Change and Childhood Respiratory Health: A Call to Action for Paediatricians," IJERPH, MDPI, vol. 17(15), pages 1-12, July.
    15. Maria Llop & Antonio Manresa, 2007. "Analysis of Linear Multipliers in an Open Regional Economy," Regional Studies, Taylor & Francis Journals, vol. 41(4), pages 421-428.
    16. Zhangqi Zhong & Xu Zhang & Weina Gao, 2020. "Spatiotemporal Evolution of Global Greenhouse Gas Emissions Transferring via Trade: Influencing Factors and Policy Implications," IJERPH, MDPI, vol. 17(14), pages 1-24, July.
    17. Manuel Alejandro Cardenete Flores & Patricia D. Fuentes Saguar & Clemente Polo, 2010. "Sectores clave de la economía andaluza a partir de la matriz de contabilidad social regional para el año 2000," Revista de Estudios Regionales, Universidades Públicas de Andalucía, vol. 2, pages 15-44.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Baldoni, Edoardo & Philippidis, George & Spekreijse, Jurjen & Gurría, Patricia & Lammens, Tijs & Parisi, Claudia & Ronzon, Tévécia & Vis, Martijn & M'Barek, Robert, 2021. "Getting your hands dirty: A data digging exercise to unearth the EU's bio-based chemical sector," Renewable and Sustainable Energy Reviews, Elsevier, vol. 143(C).
    2. Mainar-Causapé , Alfredo J., 2019. "Análisis de los sectores de Bioeconomía a través de matrices de contabilidad social específicas (BioSAMs): el caso de España," INVESTIGACIONES REGIONALES - Journal of REGIONAL RESEARCH, Asociación Española de Ciencia Regional, issue 45, pages 273-282.
    3. George Philippidis & Ana I. Sanjuán-López, 2018. "A Re-Examination of the Structural Diversity of Biobased Activities and Regions across the EU," Sustainability, MDPI, vol. 10(11), pages 1-13, November.
    4. Patricia D. Fuentes-Saguar & Alfredo J. Mainar-Causapé & Emanuele Ferrari, 2017. "The Role of Bioeconomy Sectors and Natural Resources in EU Economies: A Social Accounting Matrix-Based Analysis Approach," Sustainability, MDPI, vol. 9(12), pages 1-13, December.
    5. María T. Álvarez-Martínez & Alfredo J. Mainar-Causapé, 2021. "The GHG Emissions Generating Capacity by Productive Sectors in the EU: A SAM Analysis," Sustainability, MDPI, vol. 13(4), pages 1-14, February.
    6. Fuentes Saguar, Patricia D. & Mainar Causapé, Alfredo J. & Cardenete, M. Alejandro, 2017. "Analysis of the Foreign Sector as an Endogenous Variable in SAM Linear Models: An Empirical Proposal/Análisis del sector exterior como variable endógena en los modelos lineales SAM: Una propuesta empí," Estudios de Economia Aplicada, Estudios de Economia Aplicada, vol. 35, pages 737-748, Agosto.
    7. Francesco Bandarin & Enrico Ciciotti & Marco Cremaschi & Giovanna Madera & Paolo Perulli & Diana Shendrikova, 2020. "Which Future for Cities after COVID-19 An international Survey," Reports, Fondazione Eni Enrico Mattei, October.
    8. Çağatay, Selim & Taşdoğan, Celal & Özeş, Reyhan, 2017. "Analysing the impact of targeted bio-ethanol blending ratio in Turkey," Bio-based and Applied Economics Journal, Italian Association of Agricultural and Applied Economics (AIEAA), vol. 6(2), September.
    9. Chapa Cantú Joana Cecilia & Mosqueda Chávez Marco Tulio & Rangel González Erick, 2019. "Social Accounting Matrices for the Regiones of Mexico," Working Papers 2019-20, Banco de México.
    10. Dario Debowicz, 2016. "A social accounting matrix for Iraq," Journal of Economic Structures, Springer;Pan-Pacific Association of Input-Output Studies (PAPAIOS), vol. 5(1), pages 1-19, December.
    11. Cardenete Flores, M.Alejandro & Delgado López, María Del Carmen & Fuentes Saguar, Patricia D., 2013. "Análisis del impacto de los Fondos Europeos en Andalucía: 2000-2006/Impact Assessment of the European Funds in Andalusia: 2000-2006," Estudios de Economia Aplicada, Estudios de Economia Aplicada, vol. 31, pages 247(26)-247, Enero.
    12. Javier Ferri & Ezequiel Uriel, 2000. "Multiplicadores contables y análisis estructural en la matriz de contabilidad social. Una aplicación al caso español," Investigaciones Economicas, Fundación SEPI, vol. 24(2), pages 419-453, May.
    13. Saari, M. Yusof & Dietzenbacher, Erik & Los, Bart, 2015. "Sources of Income Growth and Inequality Across Ethnic Groups in Malaysia, 1970–2000," World Development, Elsevier, vol. 76(C), pages 311-328.
    14. Nganou, Jean-Pascal & Parra, Juan Carlos & Wodon, Quentin, 2009. "Oil price shocks, poverty, and gender: a social accouting matrix analysis for Kenya," MPRA Paper 28471, University Library of Munich, Germany.
    15. Alexander Trynov, 2016. "Public-Private Investment Partnerships: Efficiency Estimation Methods," Economy of region, Centre for Economic Security, Institute of Economics of Ural Branch of Russian Academy of Sciences, vol. 1(2), pages 602-612.
    16. Jian Xie, 2000. "An Environmentally Extended Social Accounting Matrix," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 16(4), pages 391-406, August.
    17. Thorbecke, Erik & Jung, Hong-Sang, 1996. "A multiplier decomposition method to analyze poverty alleviation," Journal of Development Economics, Elsevier, vol. 48(2), pages 279-300, March.
    18. repec:ilo:ilowps:464252 is not listed on IDEAS
    19. Hartono, Djoni & Resosudarmo, Budy P., 2008. "The economy-wide impact of controlling energy consumption in Indonesia: An analysis using a Social Accounting Matrix framework," Energy Policy, Elsevier, vol. 36(4), pages 1404-1419, April.
    20. Llop, Maria & Ponce-Alifonso, Xavier, 2015. "Identifying the role of final consumption in structural path analysis: An application to water uses," Ecological Economics, Elsevier, vol. 109(C), pages 203-210.
    21. Hidekazu Itoh, 2015. "An Interregional SAM Construction focused on Institutional Sectors and Structural Path Analysis in Japan," Post-Print hal-01123567, HAL.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:gam:jijerp:v:17:y:2020:i:24:p:9381-:d:462318. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: MDPI Indexing Manager (email available below). General contact details of provider: https://www.mdpi.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.