Beyond the Trade-Off: Empirical Evidence on Balancing Maritime Economic Expansion and Environmental Sustainability in Southeast Asia

Tito Wira Eka Suryawijaya; Ladinda Daffa Arnetta

doi:10.55927/eajmr.v5i4.94

Authors

Tito Wira Eka Suryawijaya Huazhong University of Science & Technology
Ladinda Daffa Arnetta Universitas Kadiri

DOI:

https://doi.org/10.55927/eajmr.v5i4.94

Keywords:

Blue economy, Carbon emissions, Economic growth, Environmental policy

Abstract

This study explores the link between maritime transportation, economic growth, and environmental sustainability in Southeast Asia, using the blue economy framework. It identifies a sustainability paradox where increased maritime activity boosts economic growth but also raises carbon emissions and environmental risks. Using the Generalized Method of Moments (GMM) on panel data from major countries, the research analyzed various factors like carbon emissions, maritime traffic, GDP growth, and environmental policy. The findings showed that higher maritime traffic, economic growth, and fossil fuel use increase carbon emissions, putting pressure on the environment. However, effective environmental policies and green technologies help reduce emissions. The study emphasizes the need for balanced economic growth and environmental protection, highlighting regional policy coordination and innovation for a sustainable blue economy.

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