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

Author

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  • 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)

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.

Suggested Citation

  • Andrzej Czyżewski & Andrzej Grzyb & Anna Matuszczak & Mariola Michałowska, 2021. "Factors for Bioeconomy Development in EU Countries with Different Overall Levels of Economic Development," Energies, MDPI, vol. 14(11), pages 1-21, May.
    • Handle: RePEc:gam:jeners:v:14:y:2021:i:11:p:3182-:d:564907
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    References listed on IDEAS

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    1. Mr. George T. Abed & Mr. Hamid R Davoodi, 2000. "Corruption, Structural Reforms, and Economic Performance in the Transition Economies," IMF Working Papers 2000/132, International Monetary Fund.
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    Cited by:

    1. Lucia Domaracká & Andrea Seňová & Dominik Kowal, 2023. "Evaluation of Eco-Innovation and Green Economy in EU Countries," Energies, MDPI, vol. 16(2), pages 1-19, January.
    2. Daniela Firoiu & George H. Ionescu & Teodor Marian Cojocaru & Mariana Niculescu & Maria Nache Cimpoeru & Oana Alexandra Călin, 2023. "Progress of EU Member States Regarding the Bioeconomy and Biomass Producing and Converting Sectors," Sustainability, MDPI, vol. 15(19), pages 1-22, September.
    3. Delia-Elena Diaconașu & Ionel Bostan & Cristina Căutișanu & Irina Chiriac, 2022. "Insights into the Sustainable Development of the Bioeconomy at the European Level, in the Context of the Desired Clean Environment," IJERPH, MDPI, vol. 19(18), pages 1-14, September.
    4. Andrzej Czyżewski & Mariola Michałowska, 2022. "The Impact of Agriculture on Greenhouse Gas Emissions in the Visegrad Group Countries after the World Economic Crisis of 2008. Comparative Study of the Researched Countries," Energies, MDPI, vol. 15(6), pages 1-18, March.
    5. Jaros³aw Brodny & Magdalena Tutak, 2023. "The level of implementing sustainable development goal "Industry, innovation and infrastructure" of Agenda 2030 in the European Union countries: Application of MCDM methods," Oeconomia Copernicana, Institute of Economic Research, vol. 14(1), pages 47-102, March.
    6. Maciej Dzikuć & Arkadiusz Piwowar, 2022. "Economic Aspects of Low Carbon Development," Energies, MDPI, vol. 15(14), pages 1-3, July.

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