Bioeconomy Economics and Policies

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Abstract

This chapter discusses the link between bioeconomy economics and policies and economic theory. Starting from the measurement of well-being, the link to the importance of irreversibility is established and the importance is stressed of a detailed understanding of the current situation (state of nature). This includes the situation of the agricultural sector and provides the link to the farm household theory. In general, a number of policy options exists for improving the current state of nature and they need to be compared as part of a policy analysis to illustrate the trade-offs.
Original languageEnglish
Title of host publicationEU Bioeconomy Economics and Policies
EditorsL. Dries, W. Heijman, R. Jongeneel, K. Purnhagen, J. Wesseler
Place of PublicationCham
PublisherPalgrave Macmillan
Chapter2
Pages7-16
VolumeI
ISBN (Electronic)9783030286347
ISBN (Print)9783030286330
DOIs
Publication statusPublished - 28 Nov 2019

Publication series

NamePalgrave Advances in Bioeconomy: Economics and Policies
ISSN (Print)2524-5848
ISSN (Electronic)2524-5856

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