A Study on Environmental Trends and Sustainability in the Ocean Economy Using Topic Modeling: South Korean News Articles

Author:

Kang Hee Jay1,Kim Changhee1ORCID,Kim Sungki2,Kim Chanho3

Affiliation:

1. College of Business Administration, Incheon National University, 119, Academy-ro, Yeonsu-gu, Incheon 22012, Republic of Korea

2. College of Business Administration, Gyeonsang Natonal University, 501, Jinju-daero, Jinju-si 52828, Republic of Korea

3. Port Research Department, Korea Maritime Institute, 301, Haryang-ro, Youngdo-gu, Busan 49111, Republic of Korea

Abstract

The ocean economy plays a critical role in global economic growth, yet it confronts substantial environmental risks. This study employs topic modeling of South Korean news articles to analyze the evolving trends of environmental risks and sustainability in ocean economy. A dataset comprising 50,213 articles from 2008 to 2022 is examined, revealing prevalent environmental concerns that have persisted over the years. The findings demonstrate an increasing emphasis on sustainability and marine environmental issues, as evidenced by prominent keywords related to construction, safety, plastic pollution, and ecosystem conservation. Through Latent Dirichlet Allocation (LDA) in topic modeling, 10 distinct themes are identified, encompassing sustainable fisheries management, accident and disaster response, polar environment, carbon neutrality, microplastic pollution, habitat ecosystems, cruise tourism development, nuclear power plant pollution, and infectious diseases. The outcomes highlight the necessity of collaborative efforts and international partnerships, underpinned by diplomatic cooperation, to effectively address transboundary environmental challenges encountered in the ocean-based industries.

Funder

Incheon National University

Publisher

MDPI AG

Subject

Process Chemistry and Technology,Chemical Engineering (miscellaneous),Bioengineering

Reference50 articles.

1. OECD (2016). The Ocean Economy in 2030, OECD.

2. OECD (2020). Sustainable Ocean for All: Harnessing the Benefits of Sustainable Ocean Economies for Developing Countries, The Development Dimension, OECD.

3. KMI (2020). Korea’s Ocean Economy 2020, Korea Maritime Institute.

4. IMF (2022). (2022, Jan). World Economic Outlook, IMF.

5. Financing a sustainable ocean economy;Sumaila;Nat. Commun.,2021

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