Abstract

The intricate balance between marine environmental health and economic growth has become a focal point of global concern, particularly as marine pollution continues to intensify. This study provides an empirical analysis of the interrelationships between marine environmental pollution, aquatic products trade, and the marine fishery economy using a simultaneous equation model. By examining these interconnected dynamics, the research seeks to uncover how pollution impacts the economic viability of marine fisheries and the trade of aquatic products, while also considering how economic activities, in turn, influence environmental degradation. The analysis reveals significant bidirectional relationships among marine pollution, trade, and fishery economics, highlighting the complex feedback loops that exist between environmental and economic factors. The findings suggest that increasing marine pollution has adverse effects on fishery productivity and trade, leading to potential economic losses. Conversely, the expansion of trade and economic activities in the marine sector can exacerbate environmental degradation if not managed sustainably. The study underscores the importance of integrated policy approaches that simultaneously address environmental protection and economic development. By balancing the needs of the marine environment with the demands of economic growth, policymakers can foster a sustainable marine fishery economy that supports both ecological health and economic prosperity. This research provides valuable insights for developing strategies to mitigate the impacts of pollution while promoting sustainable trade practices in the marine sector.