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

Author

Listed:
  • 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)

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.

Suggested Citation

  • Neagu Olimpia & Dumiter Florin & Braica Alexandra & Jimon Ștefania & David Gabriela, 2019. "The Correlation Between Human Capital and Gross Added Value in the Bioeconomy Sectors at the European Union (EU) Country Level," Studia Universitatis „Vasile Goldis” Arad – Economics Series, Sciendo, vol. 29(1), pages 1-20, March.
    • Handle: RePEc:vrs:suvges:v:29:y:2019:i:1:p:1-20:n:1
    DOI: 10.2478/sues-2019-0001
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    References listed on IDEAS

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    More about this item

    Keywords

    competencies; green economy; smart economy; development;
    All these keywords.

    JEL classification:

    • Q20 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - General
    • Q57 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Ecological Economics
    • M10 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - General
    • M12 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - Personnel Management; Executives; Executive Compensation

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