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Research on the Impact of Global Value Chain Embedding on the Green Development of China's Manufacturing Industry under the Background of Digitalization

In: Proceedings of the 2024 9th International Conference on Social Sciences and Economic Development (ICSSED 2024)

Author

Listed:
  • Jiao Wang

    (Wuhan University of Technology)

  • Dan Ling

    (Wuhan University of Technology)

Abstract

This article calculates the green development index of manufacturing industries in China from 2003 to 2020 by constructing the index system for evaluating green development. Based on the input-output table data of OECD database, it obtains the GVC status index and digital input of China manufacturing industries. On this basis, the effect and path of GVC embedding on the green development of manufacturing industry are analyzed experimentally, and the regulatory role of digital economy is analyzed. Finally, the industry heterogeneity is verified. It is found that there is an “inverted U” trend between GVC embedding and the green development of China's manufacturing industry. The rising of value chain can promote the green development, and the promotion effect will gradually weaken with the rise of GVC's status. GVC embedding can promote the green development of manufacturing industry by attracting more FDI and promoting enterprises to increase R&D investment, and the digitalization has a positive regulatory effect on the influence of value chain embedding on green development; and GVC embedding can significantly promote the green development of technology-intensive and labor-intensive industries.

Suggested Citation

  • Jiao Wang & Dan Ling, 2024. "Research on the Impact of Global Value Chain Embedding on the Green Development of China's Manufacturing Industry under the Background of Digitalization," Advances in Economics, Business and Management Research, in: Radulescu Magdalena & Bootheina Majoul & Satya Narayan Singh & Abdul Rauf (ed.), Proceedings of the 2024 9th International Conference on Social Sciences and Economic Development (ICSSED 2024), pages 664-673, Springer.
    • Handle: RePEc:spr:advbcp:978-94-6463-459-4_75
    DOI: 10.2991/978-94-6463-459-4_75
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