A Study of Implied Carbon in China-India Manufacturing Exports from a Global Value Chain Perspective
This study,based on the perspective of Global Value Chains(GVC),investigates the hidden carbon emissions resulting from China's manufacturing exports to India.By using the World Input-Output(WIOD)Database and environmental account data,this study analyzes the carbon emission characteristics of China and India in the manufacturing sector and the impact of participating in the GVC process on China's hidden carbon emissions in exports.The results show that carbon emissions in both countries are increasing year by year;the trends of hidden carbon emissions in China and India's exports are opposite;the improvement in GVC status and technology level will suppress hidden carbon emissions in exports,while increased participation in GVC and the expansion of export scale will promote them.Additionally,forward participation in GVCs will suppress hidden carbon emissions,while backward participation will promote them.Based on these findings,we propose related policy suggestions:China should accelerate the transformation and upgrading of its manufacturing industry,enhance its position in global value chains,strengthen technological innovation,and reduce carbon emissions.Both sides should jointly build a"Belt and Road"regional value chain to achieve mutual benefit and win-win results.
Export implied carboninput-output modelglobal value chainChina-India manufacturing trade