GVC IMPACTS ON ARGENTINA’S CARBON EMISSIONS: DECOMPOSITION ANALYSIS
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ABSTRACT
This paper examines the environmental impact of Argentina’s participation in Global Value Chains (GVCs) from 1995 to 2020, focusing on carbon emissions. Using decompsition analysis and fixed-effects regression, we find that GVC participation increases emissions, primarily due to economic expansion (scale effect), especially through backward linkages. However, improvements in energy efficiency and shifts toward less carbon-intensive sectors partly mitigate this effect. Emissions are concentrated in agriculture and manufacturing, while services have minimal impact. Instrumental variable checks confirm robustness. This study recommends promoting green technologies, stricter regulations, and international cooperation to align GVC participation with sustainability goals in developing economies.
IMPACTOS DE LAS CADENAS GLOBALES DE VALOR (CGV) EN LAS EMISIONES DE CARBONO DE ARGENTINA: ANÁLISIS DE DESCOMPOSICIÓN
RESUMEN
Este artículo examina el impacto ambiental de la participación de Argentina en las cadenas globales de valor (CGV) entre 1995 y 2020, con énfasis en las emisiones de carbono. Utilizando análisis de descomposición y regresión con efectos fijos, se concluye que dicha participación aumenta las emisiones, principalmente por la expansión económica (efecto escala), en especial a través de los eslabonamientos hacia atrás. No obstante, las mejoras en eficiencia energética y los cambios hacia sectores menos intensivos en carbono atenúan parcialmente este efecto. Las emisiones se concentran en la agricultura y la manufactura, mientras que los servicios tienen un impacto mínimo. Se recomienda promover tecnologías verdes, normativas más estrictas y cooperación internacional para alinear CGV y sostenibilidad.
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