Araştırma Makalesi

Aquaculture as an engine of economic growth: Evidence from second-generation panel and causality estimations on global aquaculture dynamics

Cilt: 43 Sayı: 4 2 Kasım 2026
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Aquaculture as an engine of economic growth: Evidence from second-generation panel and causality estimations on global aquaculture dynamics

Öz

This study investigates the impact of aquaculture production on economic growth across the top twenty aquaculture-producing countries for the 2001–2024 period. Accounting for cross-sectional dependence and slope heterogeneity, the study employs second-generation CIPS panel unit root tests, panel VAR Granger causality analysis, and fixed-effects estimation with Driscoll–Kraay robust standard errors. A dynamic panel specification is also employed to assess the robustness of the findings. A dynamic panel specification is also applied for robustness. The empirical findings confirm a strong Granger causality running from aquaculture to economic growth. Panel estimates indicate that a 1% increase in aquaculture output is associated with about 0.14% higher per-capita GDP, while CPI is also positively and significantly associated with GDP. These associations remain robust in the dynamic specification. Overall, the findings highlight aquaculture's vital macroeconomic role and emphasize the need to integrate circular economy principles into sustainable growth strategies.

Anahtar Kelimeler

Destekleyen Kurum

No support was received from any institution.

Proje Numarası

Herhangi bir projeden fonlanmamıştır.

Etik Beyan

Ethics approval was not required because the study is based on country-level secondary economic and aquaculture data and did not involve human participants or experimental animals.

Teşekkür

None declared.

Kaynakça

  1. Ahammed, S., Rana, M. M., Uddin, H., Majumder, S. C., & Shaha, S. (2025). Impact of blue economy factors on the sustainable economic growth of China. Environment, Development and Sustainability, 27(6), 12625–12652. https://doi.org/10.1007/s10668-023-04411-6
  2. Baltagi, B. H. (2005). Econometric Analysis of Panel Data (3rd ed.). John Wiley & Sons.
  3. Central Bank of the Republic of Türkiye, (2026) https://www.tcmb.gov.tr/wps/wcm/connect/EN/TCMB+EN/Main+Menu/Statistics/Inflation+Data, Retrieved from 25.07.2026
  4. Choi, I. (2001). Unit root tests for panel data. Journal of International Money and Finance, 20(2), 249272. https://doi.org/10.1016/S0261 5606(00)00048-6
  5. Driscoll, J. C. & Kraay, A. C. (1998). Consistent covariance matrix estimation with spatially dependent panel data. The Review of Economics and Statistics, 80(4), 549–560.
  6. Eyüboğlu, S., & Akmermer, B. (2024). The relationship between economic growth and fisheries production in Turkey. Aquaculture Studies, 24(2), Article AQUAST1017. https://doi.org/10.4194/AQUAST1017
  7. Fisher, R. A. (1932). Statistical methods for research workers. Oliver & Boyd.
  8. He, S., Alhamdi, F. M., Paramaiah, C., Hanif, S., & Nawaz, M. A. (2025). Role of blue economy and green economy in economic growth: Evidence from Pakistan. Natural Resources Forum, 49(3), 3280 3291. https://doi.org/10.1111/1477-8947.70009

Ayrıntılar

Birincil Dil

İngilizce

Konular

Balıkçılık Yönetimi

Bölüm

Araştırma Makalesi

Yazarlar

Yayımlanma Tarihi

2 Kasım 2026

Gönderilme Tarihi

25 Ağustos 2026

Kabul Tarihi

19 Ekim 2026

Yayımlandığı Sayı

Yıl 2026 Cilt: 43 Sayı: 4

DOI

https://doi.org/10.12714/egejfas.43.4.09

IZ

https://izlik.org/JA67ZJ68BR

Kaynak Göster

RIS / Bibtex
APA
Güreşçi, G., Çelik, M. Y., & Sönmez, A. Y. (2026). Aquaculture as an engine of economic growth: Evidence from second-generation panel and causality estimations on global aquaculture dynamics. Ege Journal of Fisheries and Aquatic Sciences, 43(4), 401-407. https://doi.org/10.12714/egejfas.43.4.09
AMA
1.Güreşçi G, Çelik MY, Sönmez AY. Aquaculture as an engine of economic growth: Evidence from second-generation panel and causality estimations on global aquaculture dynamics. EgeJFAS. 2026;43(4):401-407. doi:10.12714/egejfas.43.4.09
Chicago
Güreşçi, Gülçin, Mehmet Yunus Çelik, ve Adem Yavuz Sönmez. 2026. “Aquaculture as an engine of economic growth: Evidence from second-generation panel and causality estimations on global aquaculture dynamics”. Ege Journal of Fisheries and Aquatic Sciences 43 (4): 401-7. https://doi.org/10.12714/egejfas.43.4.09.
EndNote
Güreşçi G, Çelik MY, Sönmez AY (01 Kasım 2026) Aquaculture as an engine of economic growth: Evidence from second-generation panel and causality estimations on global aquaculture dynamics. Ege Journal of Fisheries and Aquatic Sciences 43 4 401–407.
IEEE
[1]G. Güreşçi, M. Y. Çelik, ve A. Y. Sönmez, “Aquaculture as an engine of economic growth: Evidence from second-generation panel and causality estimations on global aquaculture dynamics”, EgeJFAS, c. 43, sy 4, ss. 401–407, Kas. 2026, doi: 10.12714/egejfas.43.4.09.
ISNAD
Güreşçi, Gülçin - Çelik, Mehmet Yunus - Sönmez, Adem Yavuz. “Aquaculture as an engine of economic growth: Evidence from second-generation panel and causality estimations on global aquaculture dynamics”. Ege Journal of Fisheries and Aquatic Sciences 43/4 (01 Kasım 2026): 401-407. https://doi.org/10.12714/egejfas.43.4.09.
JAMA
1.Güreşçi G, Çelik MY, Sönmez AY. Aquaculture as an engine of economic growth: Evidence from second-generation panel and causality estimations on global aquaculture dynamics. EgeJFAS. 2026;43:401–407.
MLA
Güreşçi, Gülçin, vd. “Aquaculture as an engine of economic growth: Evidence from second-generation panel and causality estimations on global aquaculture dynamics”. Ege Journal of Fisheries and Aquatic Sciences, c. 43, sy 4, Kasım 2026, ss. 401-7, doi:10.12714/egejfas.43.4.09.
Vancouver
1.Gülçin Güreşçi, Mehmet Yunus Çelik, Adem Yavuz Sönmez. Aquaculture as an engine of economic growth: Evidence from second-generation panel and causality estimations on global aquaculture dynamics. EgeJFAS. 01 Kasım 2026;43(4):401-7. doi:10.12714/egejfas.43.4.09