Blue Economy: Blessing of the sustainable growth in Tunisia

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Abstract

The Blue economy in Tunisia is an opportunity to achieve integrated and sustainable development. Fundamental relationships between different macroeconomic variables may follow certain common theories, but local preferences are also decisive in determining their unique behavior. Looking into Blue Economic growth nexus is, therefore, needed in Tunisia, so as to understand the long -run economic stance and to capture the short-run dynamics in the national economy. This paper aims to analyze the impact of Blue Economic and economic growth in Tunisia using time series data over the period 2002 to 2022. This study is based on the Auto-Regressive Distributive Lags (ARDL) approach that is proposed by Pesaran et al (2001). Blue Economic are important for economic growth and economic growth has an impact in Tunisia. A successful and sustained economic growth requires growth in Blue Economic. JEL classification: O4, Q56, R11

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