<p>The Asia–Pacific Economic Cooperation (APEC) Forum was established to facilitate cross-border trade and promote sustainable development, with decarbonizing global value chains (GVC) being a key goal to mitigate climate change. This study examines GVC participation, positioning, and carbon emissions in 20 APEC economies from 1995 to 2020 using panel data analysis. It investigates the impacts of aggregate participation and positioning within GVC on carbon emissions, while also analyzing the heterogeneity between backward and forward participation and the role of economic development levels. The findings indicate that over half of APEC economies are deeply integrated into GVC, with a decline in participation since the 2008 financial crisis. Backward participation dominates, with most economies positioned downstream in GVC. Aggregate participation reduces emissions in developing economies but slightly increases them in developed ones. Forward participation and upstream positioning reduce emissions in developing economies, though the effect is weaker in developed ones. Backward participation, however, raises emissions across both groups. Policy implications are proposed to support carbon reduction in the context of GVC participation.</p>

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Analyzing the multidimensional impacts of global value chain on carbon emissions in APEC economies

  • Quy Duong Nguyen,
  • Thi Ngoc Oanh Luong

摘要

The Asia–Pacific Economic Cooperation (APEC) Forum was established to facilitate cross-border trade and promote sustainable development, with decarbonizing global value chains (GVC) being a key goal to mitigate climate change. This study examines GVC participation, positioning, and carbon emissions in 20 APEC economies from 1995 to 2020 using panel data analysis. It investigates the impacts of aggregate participation and positioning within GVC on carbon emissions, while also analyzing the heterogeneity between backward and forward participation and the role of economic development levels. The findings indicate that over half of APEC economies are deeply integrated into GVC, with a decline in participation since the 2008 financial crisis. Backward participation dominates, with most economies positioned downstream in GVC. Aggregate participation reduces emissions in developing economies but slightly increases them in developed ones. Forward participation and upstream positioning reduce emissions in developing economies, though the effect is weaker in developed ones. Backward participation, however, raises emissions across both groups. Policy implications are proposed to support carbon reduction in the context of GVC participation.