Production and Sustainability in Türkiye's Fisheries Sector: The Role of Economic Variables

This study investigates the impact of basic economic variables on production processes in Türkiye's fisheries sector, emphasizing sustainable development strategies. Using a dataset from the Turkish Statistical Institute covering annual data from 2003 to 2023, the research employs the ARDL model to examine the long-term and short-term effects of capital investments, labor costs, and energy expenses on total production. Results indicate that capital investments significantly enhance productivity, though misallocation can negatively impact efficiency. Labor and energy costs exhibit a negative effect, underlining the importance of cost optimization for sectoral sustainability. Based on these findings, the current study proposes strategic policy recommendations such as; efficient capital allocation, labor cost optimization through training programs, and the adoption of renewable energy sources to reduce operational expenses. These recommendations aim to support sustainable growth in the Turkish fisheries sector, enhance food security, and bolster economic resilience.