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    Drivers of Blue Economy in Asia and Pacific Island Countries: An Empirical Investigation of Tourism and Fisheries Sectors

    Bhattacharya, Poulomi; Dash, Aruna Kumar | July 2020
    Abstract
    This study examines the determinants of blue economy activities, namely tourism and fisheries, in 21 Asia and Pacific island countries during the period 1996 to 2016. Using a panel data model, it was found that the size of the blue economy positively depends on the gross fixed capital formation and access to electricity in Asia and Pacific island countries. We find that the size of the blue economy has responded positively to sustainable ocean management policies. Hence, our findings support the need for, and effectiveness of, the implementation of sustainable ocean governance policies in the Asia and Pacific island region, which can further strengthen the growth of these island countries.
    Citation
    Bhattacharya, Poulomi; Dash, Aruna Kumar. 2020. Drivers of Blue Economy in Asia and Pacific Island Countries: An Empirical Investigation of Tourism and Fisheries Sectors. © Asian Development Bank Institute. http://hdl.handle.net/11540/12252.
    Keywords
    Aquaculture Development
    Development Economics
    Export Development
    Regional Development
    Fishing Industry
    Fishery Industry
    Tourism
    Fishery development
    Economic development
    Development potential
    Fishery projects
    Local Industry
    Fishery Economics
    Fishery Product Processing
    Food trade
    Food industry and trade
    Fishery products
    Economic development projects
    Developing countries
    Developing island countries
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    Citable URI
    http://hdl.handle.net/11540/12252
    Metadata
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    Author
    Bhattacharya, Poulomi
    Dash, Aruna Kumar
    Theme
    Development
    Industry
     
    Copyright 2016-2021 Asian Development Bank Institute, except as explicitly marked otherwise
    Copyright 2016-2021 Asian Development Bank Institute, except as explicitly marked otherwise