Effects of global value chains on energy efficiency in G20 countries
Participation in global value chains brings both opportunities and challenges for the global energy sector. Using country-level panel data of G20 economies from 1990 to 2018, this study examines the influence of global value chains on energy efficiency. The results indicate that global value chains...
| Main Authors: | , , , , |
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| Format: | Article |
| Language: | English |
| Published: |
Elsevier
2024
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| Online Access: | http://psasir.upm.edu.my/id/eprint/115345/ http://psasir.upm.edu.my/id/eprint/115345/1/115345.pdf |
| _version_ | 1848866752635600896 |
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| author | Luo, Heng Sun, Ying Tao, Xiaosha Tan, Wenwu Kamarudin, Fakarudin |
| author_facet | Luo, Heng Sun, Ying Tao, Xiaosha Tan, Wenwu Kamarudin, Fakarudin |
| author_sort | Luo, Heng |
| building | UPM Institutional Repository |
| collection | Online Access |
| description | Participation in global value chains brings both opportunities and challenges for the global energy sector. Using country-level panel data of G20 economies from 1990 to 2018, this study examines the influence of global value chains on energy efficiency. The results indicate that global value chains participation has a promotion effect on energy efficiency. Quantile regression results reveal that the positive effect is more pronounced in countries with lower efficiency. Additionally, the moderator analysis results show that high institutional quality can amplify the impact of global value chains. Mediator analysis results demonstrate that global value chains can enhance energy efficiency by optimising industrial structures and improving energy structures. When geopolitical risk exceeds the threshold value, the effect of global value chains is even greater. Finally, the study also suggests some policy implications. |
| first_indexed | 2025-11-15T14:25:36Z |
| format | Article |
| id | upm-115345 |
| institution | Universiti Putra Malaysia |
| institution_category | Local University |
| language | English |
| last_indexed | 2025-11-15T14:25:36Z |
| publishDate | 2024 |
| publisher | Elsevier |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | upm-1153452025-04-21T02:36:23Z http://psasir.upm.edu.my/id/eprint/115345/ Effects of global value chains on energy efficiency in G20 countries Luo, Heng Sun, Ying Tao, Xiaosha Tan, Wenwu Kamarudin, Fakarudin Participation in global value chains brings both opportunities and challenges for the global energy sector. Using country-level panel data of G20 economies from 1990 to 2018, this study examines the influence of global value chains on energy efficiency. The results indicate that global value chains participation has a promotion effect on energy efficiency. Quantile regression results reveal that the positive effect is more pronounced in countries with lower efficiency. Additionally, the moderator analysis results show that high institutional quality can amplify the impact of global value chains. Mediator analysis results demonstrate that global value chains can enhance energy efficiency by optimising industrial structures and improving energy structures. When geopolitical risk exceeds the threshold value, the effect of global value chains is even greater. Finally, the study also suggests some policy implications. Elsevier 2024-12-30 Article PeerReviewed text en http://psasir.upm.edu.my/id/eprint/115345/1/115345.pdf Luo, Heng and Sun, Ying and Tao, Xiaosha and Tan, Wenwu and Kamarudin, Fakarudin (2024) Effects of global value chains on energy efficiency in G20 countries. Energy, 313. art. no. 133929. pp. 1-12. ISSN 0360-5442; eISSN: 1873-6785 https://www.sciencedirect.com/science/article/pii/S0360544224037071?via%3Dihub 10.1016/j.energy.2024.133929 |
| spellingShingle | Luo, Heng Sun, Ying Tao, Xiaosha Tan, Wenwu Kamarudin, Fakarudin Effects of global value chains on energy efficiency in G20 countries |
| title | Effects of global value chains on energy efficiency in G20 countries |
| title_full | Effects of global value chains on energy efficiency in G20 countries |
| title_fullStr | Effects of global value chains on energy efficiency in G20 countries |
| title_full_unstemmed | Effects of global value chains on energy efficiency in G20 countries |
| title_short | Effects of global value chains on energy efficiency in G20 countries |
| title_sort | effects of global value chains on energy efficiency in g20 countries |
| url | http://psasir.upm.edu.my/id/eprint/115345/ http://psasir.upm.edu.my/id/eprint/115345/ http://psasir.upm.edu.my/id/eprint/115345/ http://psasir.upm.edu.my/id/eprint/115345/1/115345.pdf |