RT Journal Article
T1 The Intra-EU Value Chain: An Approach to Its Economic Dimension and Environmental Impact
A1 Rodil Marzábal, Óscar
A1 Campos Romero, Hugo
K1 EU28
K1 Intra-EU trade
K1 Global value chains
K1 Environmental impact
K1 Factory Europe
K1 Environmental Kuznets curve
K1 Pollution haven hypothesis
K1 Circular economy
AB This paper aims to analyze the economic dimension and environmental impact of intra-EU value-added generation linked to global value chains (GVCs) through input-output analysis. For this purpose, information has been collected from TiVA (Trade in Value Added, OECD) and Eora databases for the years 2005 and 2015. From an economic perspective, the results point to a strengthening of the value-added generated within Factory Europe. From an environmental perspective, all EU28 members have reduced their exports-related impacts in intensity-emissions terms, but not all of them in the same degree. An approach to the environmental Kuznets curve (EKC) has also been carried out through a panel data model. The results show a positive impact of the participation in intra-EU value chain (Factory Europe) on CO2 emissions per capita. Further, an inverted U-shaped curve for CO2 emissions is found for the period 2005–15. In this sense, European economies with lower development levels (many Eastern and Southern countries) seem to be still on the rising segment of the curve, while the more developed ones seem to be on the decreasing segment. These results highlight the need to design global monitoring and prevention mechanisms to tackle growing environmental challenges and the need to incorporate specific actions associated with the GVCs activity
PB MDPI
YR 2021
FD 2021
LK http://hdl.handle.net/10347/25491
UL http://hdl.handle.net/10347/25491
LA eng
NO Economies 2021, 9(2), 54; https://doi.org/10.3390/economies9020054
NO This research was funded by the Agencia Estatal de Investigación of the Spanish Government in the framework of the research project “The European Strategy for Circular Economy: Prospective Juridic Analysis and Changes in the Global Value Chains” (Ref. ECO2017-87142-C2-1-R), from the European Regional Development Fund (ERFD) and the Xunta de Galicia (Ref. ED431C 2018/23). The authors would also like to thank the Consellería de Cultura, Educación e Ordenación Universitaria of the Xunta de Galicia for the support given in the accomplishment of this study through the pre-doctoral grant programme (ED481A-2019/108)
DS Minerva
RD 24 abr 2026