The food system in the wider bioeconomy: the BioSAM perspective : an economic impact analysis for EU Member States

Abstract

The Bioeconomy emerges as an opportunity towards more economic, social and environmental sustainability, becoming a priority for many countries, including the European Union and its Member States. According to the definition in the European Union strategy, the Bioeconomy includes all sectors of the economy that are based on the use of renewable biological resources to produce value added products such as food, feed, energy, and bio-based products (European Commission, 2012). Due to the importance of promoting the Bioeconomy, it is necessary to analyse the impact of the sectors directly involved. However, the lack of available data is one of the main obstacles for monitoring its progress. As a response to this problem, the Bioeconomy Social Accounting Matrix (BioSAM) database has been developed for the EU Member States (Mainar-Causapé 2021). The purpose of this report is to present an overview of the European Union bio-based products and industries. Our focus is mainly on the analysis of the impacts of final demand variation on value added and employment by sectoral level disaggregation. By using the BioSAM database it is possible to deepen the impact analysis by considering a detailed disaggregation of bio-based products. A country cluster analysis focusing on food system sectors is also introduced. In addition, the results are presented in a dashboard to allow the replication and comparison of different impacts by sector and country.Publishe

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