Decarbonizing global value chains: the dual role of manufacturing servitization in export-implied carbon emissions – scale expansion vs. structural upgrading
摘要
Under the background of deep integration within global value chains (GVC), the surge in export-implied carbon emissions (EICE) has increasingly become an issue that cannot be ignored for green development. Meanwhile, the manufacturing servitization (MS) can promote industrial transformation to affect the EICE and create favorable conditions for global decarbonization. Therefore, understanding the impact of MS on EICE is crucial for nations worldwide to balance economic growth with environmental protection. This study investigates the environmental implications of MS from a trade perspective. By employing input-output analysis to measure and observe MS, it empirically examines its effect on EICE. The findings reveal that: (1) A distinct inverted U-shaped relationship exists between MS and EICE. (2) The moderating mechanism of MS on EICE primarily operates through trade scale expansion and industrial structure advancement. Specifically, within the context of expanding trade scale, MS exhibits an enhanced effect on increasing EICE. Conversely, against the backdrop of industrial structure advancement, it demonstrates an enhanced effect on reducing such emissions. (3) The impact of MS on EICE exhibits significant heterogeneity across different economies and industries.