The effect of global value chain on the environment: the case of CO₂ emission
by Piyaphan Changwatchai
International Journal of Monetary Economics and Finance (IJMEF), Vol. 14, No. 4, 2021

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.

Online publication date: Tue, 10-Aug-2021

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