Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/238518 
Year of Publication: 
2020
Series/Report no.: 
ADBI Working Paper Series No. 1161
Publisher: 
Asian Development Bank Institute (ADBI), Tokyo
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.
Subjects: 
blue economy
tourism
fisheries
sustainability
island countries
panel data model
JEL: 
Q22
O56
C33
Creative Commons License: 
cc-by-nc-nd Logo
Document Type: 
Working Paper

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