Title: The effect of global value chain on the environment: the case of CO₂ emission

Authors: Piyaphan Changwatchai

Addresses: Department of Economics, Kasetsart University, Bangkok, 10900, Thailand

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; CO₂ emission.

DOI: 10.1504/IJMEF.2021.116984

International Journal of Monetary Economics and Finance, 2021 Vol.14 No.4, pp.404 - 410

Received: 30 Jul 2020
Accepted: 01 Dec 2020
Published online: 10 Aug 2021 *

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