Agricultural Economics (AGRICECON) (May 2024)

The European Union's circular bioeconomy: What do the indicators tell us?

  • Maximilian Kardung,
  • Dušan Drabik

Journal volume & issue
Vol. 70, no. 5
pp. 199 – 206

Abstract

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Prior studies have noted the importance of measurement tools that track the contributions of the circular bioeconomy and other developments towards sustainable development. In this study, we examined the EU-27 as a whole and found that its circular bioeconomy, measured by the 41 indicators we used, generally progressed over the period 2004-2021. Research and development personnel and Persons employed in circular economy sectors were ranked as the most progressing indicators over the studied period, together with Patent applications to the European Patent Office, which supports the idea that the circular bioeconomy uses novel technologies and requires research to develop them.

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