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原文传递 Impact of blue economy factors on economic growth in the SAARC countries
题名: Impact of blue economy factors on economic growth in the SAARC countries
正文语种: eng
作者: Majed Alharthi;Imran Hanif;
作者单位: Department of Finance, College of Business, King Abdulaziz University, Rabigh, Saudi Arabia;Department of Economics, University of Management and Technology, Lahore, Pakistan;
关键词: Aquaculture and fishing; Blue economy; Economic growth; Fishing production; Gross domestic product
摘要: Purpose - This study aims to examine the influence of the blue economy factors on the economic growth of the South Asian Association for Regional Cooperation (SAARC) countries. Design/methodology/approach - Secondary data from 1995 to 2018 have been used for the analysis of eight countries. The contributing factors that measure the fishing production are total aquaculture production, total fisheries production and agriculture, forestry and fishing. Trade and the rate of inflation are used as control variables. Using the feasible generalized least square technique. Findings - It was found that the blue economy factors play a statistically significant role in the economic growth of SAARC countries and contribute to the achievement of Goal14 of the United Nations' sustainable development goals: to conserve and sustainably use the oceans, seas andmarine resources for sustainable development. Originality/value - This study highlights the fact that proper management and utilization of water resources may assist the stimulation of economic growth and meet the challenges of food insecurity by improving the supply of seafood in developing South Asian countries. The study proposes that the sustainable management of water resources requires an alliance across nation states. The alliance will be useful in understanding the concept of the blue economy and the role it plays in ensuring economic growth in developing nations throughout the world.
期刊名称: 航贸周刊
出版年: 2021
期: 03
页码: 36-55
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