The Relationship between Economic Growth and Fisheries Production in Türkiye

Abstract

There is a lack of understanding of the fisheries production impact on the national economy, as the contribution of the industry to the Turkish economy has not been adequately reflected in the official Gross Domestic Product (GDP) statistics and economic research. Therefore, this paper aims to reveal the industry`s contribution to Türkiye's economic growth. We analysed the effect of fisheries production on economic growth by employing the Auto Regressive Distributed Lag (ARDL) model from 1990-2019. The results showed a positive relationship between fisheries production and economic growth in the long-term. We hope this paper will support the policy-makers and development agencies in their efforts to reshape the industry in Türkiye towards an increased role in economic development in a sustainable manner.