Enhancing Regional Economic Growth Through Blue Economy in Indonesia

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.

Publication Details

Journal
Indian Journal of Economics and Development
Published
2025-03-11
DOI
https://doi.org/10.35716/ijed-24220
Primary Topic
Coastal and Marine Management
Type
article
Field-Weighted Citation Impact
0.00
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article

Enhancing Regional Economic Growth Through Blue Economy in Indonesia

Indian Journal of Economics and Development
Coastal and Marine Management
article

Enhancing Regional Economic Growth Through Blue Economy in Indonesia

article en

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.

Indian Journal of Economics and Development
Openalex Percentile: Top 94%
Coastal and Marine Management
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Enhancing Regional Economic Growth Through Blue Economy in Indonesia · Indian Journal of Economics and Development (2025) | TGRS Research Map | TGRS