© Anthony Boyd Graphics
22.10.2021
Agriculture and Forestry in the Bioeconomy
Opportunities and Prospects for Rural Regions
As part of the LEADER Annual Meeting 2021, WIFO economist Franz Sinabell spoke on 20 October about opportunities and prospects for rural regions and presented his latest article of the WIFO-Monatsberichte (monthly reports) on Austrian agriculture and forestry in the COVID-19 crisis.
Agriculture and forestry are important elements of the bioeconomy. As a long-term comparison of the development of value added shows, it increased more in the downstream sectors than in the core sector, reducing the weight of the primary sector both in the value chains and in the national economy.
The bioeconomy also includes sectors that are outside the value chains of agricultural and forestry products. Fisheries and parts of pharmaceuticals or recycling can be included in the bioeconomy. As society replaces fossil fuels and materials with sustainable and renewable alternatives, the bioeconomy will become a core element of the transformation towards climate neutrality and sustainability.
Publications
WIFO-Monatsberichte
06.10.2021
Finalization: September 2021
Specialist publication: WIFO-Monatsberichte
JEL-Codes: E32, E66, Q10
Please contact
Climate, Environmental and Resource Economics
Further news
Videos: Research Seminars with Gabriel Ahlfeldt and Stefanie Peer
10.10.2025
Video: Research Seminar with Susanna Bolz
07.10.2025
Video: Research Seminar with Karolina Bassa
02.10.2025
Video: Research Seminar with Peter H. Egger
01.10.2025
Video: Research Seminar with Michael Pfaffermayr
30.09.2025
Results of the WIFO-Konjunkturtest (Business Cycle Survey) of September 2025
29.09.2025
WIFO's Head of Public Relations Becomes the First Science Spokesperson to Top the Ranking
25.09.2025
Research Group Labour Economics, Income and Social Security
15.09.2025
Video: Deputy Director of WIFO Honoured in the Category of Economics
12.09.2025
Telephone Exchange and Reception
29.08.2025
Retail Business Cycle Report in Cooperation with the Austrian Retail Association
22.08.2025
WIFO Simulations: Targeted Cost Containment of 2.7 billion € in the Pension Sector Requires a Stronger Increase
18.08.2025
Results of the WIFO-Konjunkturtest (Business Cycle Survey) of July 2025
30.07.2025
Research Group Macroeconomics and Public Finance
21.07.2025
Examination of the Extent of Revisions for the Period from 2020 to 2024
09.07.2025