Applying Shift-Share Analysis to Assess the Growth Potential of Crucial Bioeconomy Sectors in Poland
Purpose: The article evaluates the main sectors that create the bioeconomy in the voivodeships in Poland based on the structural-geographical shift-share method. Design/Methodology/Approach: The study utilizes the structural-geographical shift-share method to analyze the development dynamics of the bioeconomy sectors across Polish voivodeships. This method allows for the decomposition of changes in employment or output into structural, regional, and interactive components, providing insights into the contributions of sectoral and regional factors to overall growth. Data collected by the Central Statistical Office was used to analyze the five areas constituting the bioeconomy. Findings: The conducted research enabled the assessment of the level of development in key sectors of the bioeconomy in Poland and identified variations in development potential and structural transformations within this sector. The identification and analysis covered five areas belonging to the bioeconomy, agriculture, food, textiles, wood, and chemicals. Practical Implications: Valuable insights for policymakers and regional authorities aiming to promote sustainable development through the bioeconomy are provided by the findings of this study. Regional disparities, structural transformations, and sectors with the highest growth potential are identified, offering a foundation for the design of targeted policies and strategies that enhance the development of the bioeconomy across Poland’s voivodeships. Originality/Value: The article makes a significant contribution to both theoretical and practical discussions on the development of the bioeconomy in Poland by analysing the situation in individual voivodeships.