Towards energy sustainability: Exploring the nexus between global value chain participation and energy security in developing and developed countries.

ABSTRACT: International trade has a significant impact on global environmental quality and sustainable economic development. Global value chains (GVCs) have become a crucial component of international trade and development policy. The global production structure has become more complicated with the inclusion of domestic markets in GVC, putting significant pressure on world energy resources and environmental sustainability. Therefore, traditional trade measures no longer accurately reflect how global trade affects the energy security of developing and developed countries. Thus, this study is the first to use a panel-corrected standard error method to look at the relationship between GVC participation and energy security by using a global sample of 35 developed and 27 developing nations from 1995 to 2

SUBMITTER: Zhang S 

PROVIDER: S-EPMC10805324 | biostudies-literature | 2024

REPOSITORIES: biostudies-literature