The Correlation Between Human Capital and Gross Added Value in the Bioeconomy Sectors at the European Union (EU) Country Level
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07 apr 2019
INFORMAZIONI SU QUESTO ARTICOLO
Pubblicato online: 07 apr 2019
Pagine: 1 - 20
Ricevuto: 01 ott 2018
Accettato: 01 gen 2019
DOI: https://doi.org/10.2478/sues-2019-0001
Parole chiave
© 2019 Olimpia Neagu et al., published by Sciendo
This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 License.
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.