Evaluating the influence of democracy, financial development, and fishery product consumption on fishing grounds: A case study for Malaysia

Citation

Pata, Ugur Korkut and Erdogan, Sinan and Solarin, Sakiru Adebola and Okumus, Ilyas (2024) Evaluating the influence of democracy, financial development, and fishery product consumption on fishing grounds: A case study for Malaysia. Marine Policy, 168. p. 106301. ISSN 0308-597X

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Abstract

Enhancing environmental sustainability in all dimensions, including marine life, is an important task for all stakeholders. The Sustainable Development Goal-14 aims to protect marine life and reduce ecological pollution in marine ecosystems. In this regard, this study aims to examine the influence fishery product consumption, economic growth, democracy, and financial development on fishing footprint in Malaysia. For this purpose, three different models are employed under the Environmental Kuznets Curve (EKC) framework from 1961 to 2018. The empirical results can be summarized as follows: (i) The EKC is not valid for Malaysia’s fishing footprint (ii) Fishery product consumption and economic growth increase the fishing footprint, while population and financial development reduces pollution in fishing grounds (iv) Democracy has no impact on fishing footprint. Based on the research findings, the Malaysian government is recommended to promote green economic regulations for fisheries, environmental financing, and clean fishery products in order to mitigate the fishing footprint.

Item Type: Article
Uncontrolled Keywords: Fishing ground, Fishery product consumption
Subjects: H Social Sciences > HD Industries. Land use. Labor > HD1401-2210 Agriculture
H Social Sciences > HD Industries. Land use. Labor > HD72-88 Economic growth, development, planning
Divisions: Faculty of Business (FOB)
Depositing User: Ms Nurul Iqtiani Ahmad
Date Deposited: 01 Aug 2024 02:34
Last Modified: 01 Aug 2024 02:34
URII: http://shdl.mmu.edu.my/id/eprint/12697

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