ISSN 2284-7995, ISSN Online 2285-3952
 

STUDY ON THE POSITION OF AGRICULTURE AMONG THE BIOECONOMY SECTORS IN THE EUROPEAN UNION

Published in Scientific Papers. Series "Management, Economic Engineering in Agriculture and rural development", Vol. 24 ISSUE 3
Written by Daniela Nicoleta VOICILĂ, Cristina Maria STERIE, Steliana RODINO

This paper provides a detailed analysis of the position of agriculture among the bioeconomy sectors in the European Union and Romania, focusing on the recent period. It explores the National Competitiveness Strategy 2015-2020, which identified 10 economic sectors, including the 5 considered part of the bioeconomy. Using Eurostat statistical data and processing them through SPSS software, indicators such as minimum, maximum, mean and standard deviation were calculated to highlight the evolution of this sector. In the EU, the bioeconomy generated around 17.2 million jobs and €664 billion in value added in 2020, with an increasing trend in value-added and a decreasing trend in jobs. Sectors with high potential, such as food, agriculture and wood products, have seen significant added value. Romania is presented as having a high potential to develop the bioeconomy, based on the diversity of natural resources. The bioeconomy has been found to have a significant presence in primary sectors such as agriculture and the food industry and can contribute to sustainable growth and job creation in the private sector. Agriculture is considered an important pillar of the bioeconomy ecosystem, by providing added value and creating employment opportunities. As of 2020, across the EU-27, the agriculture sector represented a high share of the value added in the bioeconomy, supporting the efforts to sustainable development and the efficient utilization of biological resources on European scale.

[Read full article] [Citation]

VOICILA D.N., STERIE C.M., RODINO S. 2024, STUDY ON THE POSITION OF AGRICULTURE AMONG THE BIOECONOMY SECTORS IN THE EUROPEAN UNION. Scientific Papers. Series "Management, Economic Engineering in Agriculture and rural development", Vol. 24 ISSUE 3, PRINT ISSN 2284-7995, 969-976.

The publisher is not responsible for the opinions published in the Volume. They represent the authors’ point of view.

© 2019 To be cited: Scientific Papers. Series “Management, Economic Engineering in Agriculture and Rural Development“.

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