The Methodology for Assessment of Bioeconomy Efficiency

摘要: Abstract In order to promote an efficient development of the bioeconomy in Latvia, first, assessment current situation is needed. The challenge compere all sectors under same terms, but at time capture diversity different bioeconomy. At not only comparison itself vital, even more - efficiency those sectors. Therefore make a fair two indicators are used this study: capital productivity and labour by using modified Cobb-Douglas production function. results show that none Latvia have both higher investment intensity time. tendency ‘buy low & sell high’ exceeds goods Latvia. change one sector would impact on whole therefore for further research should be studied as system.