Analysis of Bioeconomy–Macroeconomy Linkages

The bioeconomy includes sectors that produce biological resources, such as agriculture, forestry, and fisheries, as well as sectors that utilize these resources, such as the production of food, textiles, wood, and paper. Japan’s bioeconomy strategy aims to promote economic growth by advancing bioeconomy-related businesses while addressing social challenges such as environmental issues, food security, and energy security. This study assessed the backward and forward linkage effects of the bioeconomy sectors to identify key sectors for bio-based economic growth. The findings indicate that: (1) bio-based sectors have stronger linkages with the macroeconomy compared to non-bio-based sectors, and (2) key sectors include wheat and the like, pulses, sugar crops, crops for beverages, feed and forage crops, dairy cattle farming, beef cattle, hogs, broiler chickens, inland water fishery, sugar, saccharified products, manufactured ice, organic fertilizers, knitted apparel, timber, wooden chips, wooden furniture, wooden fixtures, papers, and paper products.