Dynamic supply-side multipliers in China’s marine economy: A neural network-enhanced Ghosh model for sustainable development
Year: 2025
Type: article
Abstract: With the continuous growth of China's economy, marine economy plays an increasingly important role in the national economy. This study quantifies multiplier effects and supply-side dynamics in China's marine economy (2017-2023) to inform sustainable development strategies. Combining the Ghosh model, employment analysis, and structural path analysis (SPA), we enhance traditional input-output frameworks with LSTM neural networks to capture nonlinear sectoral interdependencies. Key results reveal marine tourism as the dominant contributor to value added (44.346%), gross output (48.87%). Marine fishery exhibits the highest direct employment coefficient (0.42681), while marine mining drives significant indirect job growth (coefficient: 0.35072) in related industries. Marine transportation ranks first in income multiplier (8.60929) andemployment multiplier (3.0332), highlighting its pivotal role in household income. By innovatively integrating the Ghosh model with LSTM, this research overcomes static and linear limitations of conventional methods, providing policymakers with actionable insights for balanced sectoral development through optimized resource allocation and infrastructure investment.
Source: PLoS ONE
Authors: Jian Jin, Mingqi Zhang
Institution: Hebei University
Language: English
Subfield: Economics and Econometrics
Domain: Social Sciences
Open Access status: gold
Estimated APC paid: $2,382
OpenAlex ID: W4415108396