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Siswanto, Sugeng
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Economics, Econometrics & Finance Education

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Opportunities and Challenges of the Blue Economy in Improving Coastal Economies Siswanto, Sugeng; Subiyantoro, Heru; Ratnasih, Cicih
Nomico Vol. 1 No. 12 (2025): Nomico-January
Publisher : PT. Anagata Sembagi Education

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.62872/0kjb2m52

Abstract

This study investigates the opportunities and challenges of the Blue Economy in improving coastal economies, focusing on the management of marine resources, renewable energy utilization, marine ecosystem quality, sea-based tourism, and technological innovation. The research explores the impact of these factors on the growth and sustainability of coastal economies, with an emphasis on the challenges such as environmental issues, dependence on natural resources, and the need for better infrastructure and community skills. The findings reveal that Blue Economy initiatives can drive significant economic development by promoting sustainable resource management and boosting sectors like fishing, tourism, and renewable energy. The study underscores the importance of strategic policies, collaboration between stakeholders, and the adoption of innovative technologies to maximize the potential of the Blue Economy for coastal communities.
Factors affecting the performance of sea transportation and Port Infrastructure Development and its implications for the economic growth of the maritime sector in Indonesia Siswanto, Sugeng; Subiyantoro, Heru; Ratnasih, Cicih
Nomico Vol. 2 No. 2 (2025): Nomico-March
Publisher : PT. Anagata Sembagi Education

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.62872/2fzb1d82

Abstract

Indonesia, as an archipelagic country, has a high dependence on maritime transportation and port infrastructure to support economic and trade activities. However, the performance of maritime transportation and the development of port infrastructure still face various challenges, including low operational efficiency, limited investment, and unsynchronized regulations. This study aims to analyze the factors affecting maritime transportation performance and port infrastructure development in Indonesia using the Fixed Effect Model (FEM) approach and the Least Square Dummy Variable (LSDV) method. The data used covers the period from 2011 to 2023, focusing on five major ports in Indonesia: Tanjung Priok, Tanjung Perak, Belawan, Makassar, and Balikpapan. The research findings indicate that port operational efficiency, maritime sector investment, and technology adoption have the most significant influence on maritime transportation performance. Meanwhile, port infrastructure development is primarily influenced by maritime sector investment and inter-port connectivity. Additionally, improvements in maritime transportation performance and port infrastructure have been proven to positively impact maritime economic growth. Therefore, strategic policies focusing on sustainable investment, operational efficiency enhancement, and technology integration are essential to strengthen the competitiveness of Indonesia’s maritime sector at the global level.
Co-Authors Cicih Ratnasih, Cicih Subiyantoro, Heru