The effect of global value chain on the environment: the case of CO 2 emission

Piyaphan Changwatchai

International Journal of Monetary Economics and Finance, 2021, vol. 14, issue 4, 404-410

Abstract: Global value chains (GVCs) are economically important but participation has an ambiguous impact on the environment. The effect of GVC participation by countries on CO₂ emissions was studied using panel data analysis of secondary data. Results showed that overall and forward GVC participation led to lower CO₂ emissions for all types of countries, especially developed countries, while backward GVC participation led to lower CO₂ emissions only for developed economies.

Keywords: GVC; global value chain; forward GVC; backward GVC; environment; CO 2 emission. (search for similar items in EconPapers)
Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:ids:ijmefi:v:14:y:2021:i:4:p:404-410

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