The Effect of Blue Economy Factors onEconomic Growth in Asia

Abstract

This research aims to analysethe effect of factors blue economy on economic growth in Asia. This research uses a combination of data cross section 30 Asian countries and data time series 2009 to 2019. The selected models are Feasible Generalized LeastSquare (FGLS). The research results show that the growth of capture fisheries, aquaculture, ports, investment and the workforce has a significant effect on economic growth. Aquaculture, ports, investment and the workforce have a positive and significant effect on economic growth. Meanwhile, the capture fisheries growth variable has a negative and significant effect on economic growth.