Can Low-carbon Construction Promote Global Value Chains Upgrading of Chinese Cities:Dual Investigation of Status and Position
Using panel data from cities at or above the prefecture level in China and low-carbon pilot policy as a quasi-natural experiment,this paper examines the impact and mechanism of low-carbon construction on the Global Value Chains(GVC)upgrading from the dual perspectives of GVC and GVC position by the generalized difference-in-differences model.The results show that,low-carbon construction is beneficial to GVC upgrading of Chinese cities,that is,the establishment of low-carbon pilot significantly promotes GVC status and GVC position.This result still holds in a series of robustness tests such as parallel trends and placebos.Mechanism test shows that,low-carbon construction improves Chinese cities'GVC status by promoting transformation of export trade mode and substitution of domestic intermediate products to imported intermediate products,and improves Chinese cities'GVC position by reducing the downstream degree of GVC rather than improving the upstream degree of it.Further studies show that low-carbon construction has posi-tive spillover effect on GVC status but not on GVC position.The above conclusions provide useful references for China to use the opportunity of low-carbon construction to accelerate GVC upgrading and achieve green and high-quality coordinated development between regions.