IDEAS home Printed from https://ideas.repec.org/p/smo/wpaper/12.html
   My bibliography  Save this paper

Bio-Based Economy Sketch: The Case of Romania

Author

Listed:
  • Carmen Beatrice Pauna

    (Institute for Economic Forecasting-NIER, Romanian Academy)

  • Mihaela Simionescu

    (Institute for Economic Forecasting-NIER, Romanian Academy)

  • Tiberiu Diaconescu

    (Institute for Economic Forecasting-NIER, Romanian Academy)

  • Raluca I. Iorgulescu

    (Institute for Economic Forecasting-NIER, Romanian Academy)

Abstract

In a world shaken by unsustainability conundrums, a bio-based economy (bioeconomy) seems like the solution. This paper introduces two ways to define a sustainable bioeconomy, one advanced by Nicholas Georgescu Roegen in the 1970s and another implemented by the European Union in recent years. Also, an overview of Romania’s potential to develop a bio-based economy is drawn. Its renewable energy profile is presented, followed by a discussion of the bio-based industrial sectors with potential for development.

Suggested Citation

  • Carmen Beatrice Pauna & Mihaela Simionescu & Tiberiu Diaconescu & Raluca I. Iorgulescu, 2017. "Bio-Based Economy Sketch: The Case of Romania," Working papers Globalization - Economic, Social and Moral Implications, April 2017 12, Research Association for Interdisciplinary Studies.
    • Handle: RePEc:smo:wpaper:12
    DOI: 10.5281/zenodo.581777
    as

    Download full text from publisher

    File URL: http://globalization.rais.education/wp-content/uploads/2017/04/12.pdf
    File Function: Full text
    Download Restriction: no
    File URL: https://libkey.io/10.5281/zenodo.581777?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Andreea Ileana Zamfir, 2011. "Management Of Renewable Energy And Regional Development: European Experiences And Steps Forward," Theoretical and Empirical Researches in Urban Management, Research Centre in Public Administration and Public Services, Bucharest, Romania, vol. 6(3), pages 35-42, August.
    2. Kozo Mayumi & John M. Gowdy (ed.), 1999. "Bioeconomics and Sustainability," Books, Edward Elgar Publishing, number 1347.
    3. Randall E. Parker, 2002. "Reflections on the Great Depression," Books, Edward Elgar Publishing, number 2473.
    4. Diaconu, Oana & Oprescu, Gheorghe & Pittman, Russell, 2009. "Electricity reform in Romania," Utilities Policy, Elsevier, vol. 17(1), pages 114-124, March.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Mihaela Denisa Coman & Constantin Aurelian Ionescu & Mihaela Lixandru (Leasa), 2019. "Romanian Economy between Linearity and Circularity. A Bioeconomic Perspective," Book chapters-LUMEN Proceedings, in: Camelia Ignatescu (ed.), 11th LUMEN International Scientific Conference Communicative Action & Transdisciplinarity in the Ethical Society | CATES 2018 | 23-24 November 2018 | , edition 1, volume 7, chapter 5, pages 59-72, Editura Lumen.
    2. Raluca-Ioana Iorgulescu & Carmen Beatrice Păuna & Marioara Iordan & Tiberiu Diaconescu & Gabriela Bilevski & Thomas Brekke & Ole Henrik Gusland & Lasse Berntzen, 2017. "Norwegian and Romanian green cluster experiences for a digital era," Working Papers of Institute for Economic Forecasting 170701, Institute for Economic Forecasting.

    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. Raluca-Ioana Iorgulescu & Carmen Beatrice Păuna & Marioara Iordan & Tiberiu Diaconescu & Gabriela Bilevski & Thomas Brekke & Ole Henrik Gusland & Lasse Berntzen, 2017. "Norwegian and Romanian green cluster experiences for a digital era," Working Papers of Institute for Economic Forecasting 170701, Institute for Economic Forecasting.
    2. Colesca, Sofia Elena & Ciocoiu, Carmen Nadia, 2013. "An overview of the Romanian renewable energy sector," Renewable and Sustainable Energy Reviews, Elsevier, vol. 24(C), pages 149-158.
    3. Chen, B. & Chen, G.Q., 2007. "Modified ecological footprint accounting and analysis based on embodied exergy--a case study of the Chinese society 1981-2001," Ecological Economics, Elsevier, vol. 61(2-3), pages 355-376, March.
    4. Erkan Erdogdu, 2014. "The Political Economy of Electricity Market Liberalization: A Cross-country Approach," The Energy Journal, International Association for Energy Economics, vol. 0(Number 3).
    5. Fishback, Price & Fleitas, Sebastian & Rose, Jonathan & Snowden, Ken, 2020. "Collateral Damage: The Impact of Foreclosures on New Home Mortgage Lending in the 1930s," The Journal of Economic History, Cambridge University Press, vol. 80(3), pages 853-885, September.
    6. John Rutledge, 2015. "Economics as energy framework: Complexity, turbulence, financial crises, and protectionism," Review of Financial Economics, John Wiley & Sons, vol. 25(1), pages 10-18, April.
    7. Jeroen van den Bergh & John Gowdy, 2000. "Evolutionary Theories in Environmental and Resource Economics: Approaches and Applications," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 17(1), pages 37-57, September.
    8. Spash, Clive L., 2014. "Better Growth, Helping the Paris COP-out? Fallacies and Omissions of the New Climate Economy Report," SRE-Discussion Papers 2014/04, WU Vienna University of Economics and Business.
    9. Foster, John, 2011. "Energy, aesthetics and knowledge in complex economic systems," Journal of Economic Behavior & Organization, Elsevier, vol. 80(1), pages 88-100.
    10. Frame, Bob & Brown, Judy, 2008. "Developing post-normal technologies for sustainability," Ecological Economics, Elsevier, vol. 65(2), pages 225-241, April.
    11. Dzikri Firmansyah Hakam, 2018. "Market Power Modelling in Electricity Market: A Critical Review," International Journal of Energy Economics and Policy, Econjournals, vol. 8(5), pages 347-356.
    12. Khan, Muhammad T. & Thopil, George Alex & Lalk, Jorg, 2016. "Review of proposals for practical power sector restructuring and reforms in a dynamic electricity supply industry," Renewable and Sustainable Energy Reviews, Elsevier, vol. 62(C), pages 326-335.
    13. Quentin Couix, 2018. "From Methodology to Practice (and Back): Georgescu-Roegen's Philosophy of Economics and the Flow-Fund Model," Post-Print halshs-01854031, HAL.
    14. Jeroen C. J. M. van den Bergh & John M. Gowdy, 2003. "The microfoundations of macroeconomics: an evolutionary perspective," Cambridge Journal of Economics, Cambridge Political Economy Society, vol. 27(1), pages 65-84, January.
    15. Hakam, Dzikri Firmansyah, 2019. "Mitigating the risk of market power abuse in electricity sector restructuring: Evidence from Indonesia," Utilities Policy, Elsevier, vol. 56(C), pages 181-191.
    16. Fritz, Martin & Koch, Max, 2014. "Potentials for prosperity without growth: Ecological sustainability, social inclusion and the quality of life in 38 countries," Ecological Economics, Elsevier, vol. 108(C), pages 191-199.
    17. Leonzio, Grazia, 2017. "Solar systems integrated with absorption heat pumps and thermal energy storages: state of art," Renewable and Sustainable Energy Reviews, Elsevier, vol. 70(C), pages 492-505.
    18. Heun, Matthew Kuperus & de Wit, Martin, 2012. "Energy return on (energy) invested (EROI), oil prices, and energy transitions," Energy Policy, Elsevier, vol. 40(C), pages 147-158.
    19. Vitor E. Schincariol, 2021. "Joan Robinson on Environment and Ecology," Agrarian South: Journal of Political Economy, Centre for Agrarian Research and Education for South, vol. 10(3), pages 440-462, December.
    20. Fredy Eduardo Cante-Maldonado, 2018. "Renta negativa y decrecimiento económico," Apuntes del Cenes, Universidad Pedagógica y Tecnológica de Colombia, vol. 37(65), pages 53-74, February.

    More about this item

    Keywords

    bio-based economy; bioeconomy; Romania;
    All these keywords.

    JEL classification:

    • Q42 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Alternative Energy Sources
    • Q56 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environment and Development; Environment and Trade; Sustainability; Environmental Accounts and Accounting; Environmental Equity; Population Growth
    • Q57 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Ecological Economics

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    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:smo:wpaper:12. 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: Eduard David (email available below). General contact details of provider: http://rais.education/ .

    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.