Embodied Carbon Transfer in China’s Bilateral Trade with Belt and Road Countries from the Perspective of Global Value Chains

Mingyin Zhao, Yadong Ning (), Shukuan Bai and Boya Zhang
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Mingyin Zhao: Key Laboratory of Ocean Energy Utilization and Energy Conservation of Ministry of Education, School of Energy and Power Engineering, Dalian University of Technology, No. 2 Linggong Road, High-Tech Pack, Dalian 116024, China
Yadong Ning: Key Laboratory of Ocean Energy Utilization and Energy Conservation of Ministry of Education, School of Energy and Power Engineering, Dalian University of Technology, No. 2 Linggong Road, High-Tech Pack, Dalian 116024, China
Shukuan Bai: Key Laboratory of Ocean Energy Utilization and Energy Conservation of Ministry of Education, School of Energy and Power Engineering, Dalian University of Technology, No. 2 Linggong Road, High-Tech Pack, Dalian 116024, China
Boya Zhang: Key Laboratory of Ocean Energy Utilization and Energy Conservation of Ministry of Education, School of Energy and Power Engineering, Dalian University of Technology, No. 2 Linggong Road, High-Tech Pack, Dalian 116024, China

Energies, 2024, vol. 17, issue 4, 1-16

Abstract: In the context of global value chains (GVCs), the impact of the Belt and Road Initiative (BRI) on China’s bilateral trade with Belt and Road countries (BRCs) is controversial. This study constructed a GVC accounting framework based on a multiregional input–output model, aiming to clarify the trends and transfer characteristics of the value added (VA) and the embodied carbon emissions (ECEs) in China–BRCs bilateral trade from 2000 to 2018 at the overall country, Belt and Road region (BRR), and typical country levels. The relevant results are threefold. (1) At the overall country level, the BRCs VA and ECEs imports and exports have shown overall increasing trends. (2) Most BRRs are net ECE exporters to China. Southeast Asia and Northeast Asia are the main ECEs destinations and sources. (3) In China–typical BRCs bilateral trade, China is a net ECEs exporter to most typical BRCs, and the net ECE transfers through route 1 (onefold value chain) are all positive, implying that route 1 can reduce ECEs in BRCs. These findings can help formulate policies and measures to reduce carbon emissions and provide a scientific basis for realizing the coordinated development of carbon emission reduction and economy in China and BRCs.

Keywords: Belt and Road Initiative; embodied carbon emissions; global value chain; multi-regional input–output model (search for similar items in EconPapers)
JEL-codes: Q Q0 Q4 Q40 Q41 Q42 Q43 Q47 Q48 Q49 (search for similar items in EconPapers)
Date: 2024
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