The many sizes and characters of the Blue Economy

This article analyses the economic size and resilience of five established definitions of the Blue Economy across two geographical locations: Scotland (UK) and Michigan (USA). The article analyses sector-level employment, labor productivity and Gross Value Added (GVA) data, and uses graphical repres...

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Bibliographic Details
Published in:	Ecological economics Vol. 196; p. 107419
Main Authors:	Graziano, Marcello, Alexander, Karen A., McGrane, Scott J., Allan, Grant J., Lema, Evangelia
Format:	Journal Article
Language:	English
Published:	Elsevier B.V 01-06-2022
Subjects:	Blue Economy Employment Regional analysis Wages Blue Economy Wages Employment Regional analysis
Online Access:	Get full text
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Summary:	This article analyses the economic size and resilience of five established definitions of the Blue Economy across two geographical locations: Scotland (UK) and Michigan (USA). The article analyses sector-level employment, labor productivity and Gross Value Added (GVA) data, and uses graphical representations to highlight the differences in conceptualizing the Blue Economy in ways that affect its weight and contribution to regional economies. Further, it analyses how each definition has fared in the post-2007/2011 crisis, assessing their resilience. This novel work tackles the emerging discourse around the Blue Economy by highlighting its regional character, and by problematizing the divergent definitions of the concept. •No operational definition of Blue Economy currently exists.•Regional and sectoral differences lead to conflicts and conundrums.•Analysis show varying economic sizes of 5 accepted definitions.•Definitions change in terms of job quality and contribution to the economy.•New data and regional methods can support operationalizing B.E. and reducing.
ISSN:	0921-8009 1873-6106
DOI:	10.1016/j.ecolecon.2022.107419