Enhancing Regional Economic Growth Through Blue Economy in Indonesia
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Author: Andi Samsir, Muhammad Yusuf, Siswan, Irwandi Irwandi and Abd Rahim
Author Address: Faculty of Economics and Busniness, Universitas Negeri Makassar, Makassar, Indonesia, Faculty of Fisheries, Universitas Cokroaminoto Makassar, Makassar, Indonesia and Perkumpulan Katalis Indonesia, Makassar, Indonesia
Keywords: Backward linkage, forward linkage, leading sector, multiplier effect.
JEL Codes: C67, P48, R11, Q01
Abstract
This study aimed to assess the multiplier effects of blue economy sectors in Indonesia. The results showed that certain sectors had high dispersion and sensitivity, so they had the potential to become the leading sectors of economic growth. These were sub-sectors that were characterized by significant dispersion and sensitivity, often termed as leading sectors. While the sub-sector with the largest output multiplier effect was the electricity sub-sector, For the income multiplier, it was clear that education services had the largest income multiplier effect. The study emphasized the need to encourage public and private investment in leading sectors to promote sustainable economic development.
Description
Indian J Econ Dev, 2025, 21(1), 95-104
https://doi.org/10.35716/IJED-24220