Abstract
The digital global value chains (DGVCs) embody the two major characteristics of the current era: globalization and digitalization. The DGVCs has a major impact on global economic development, but few studies have explored its impact on the energy system. We divide digital global value chain participation (DGVCP) into forward digital global value chain participation (FDGVCP) and backward digital global value chain participation (BDGVCP) and analyze their effect on energy resilience by employing panel data from 49 countries from 2007 to 2019. Our benchmark regression results provide empirical evidence of the negative effects of DGVCP, showing that FDGVCP and BDGVCP reduce energy resilience. Moreover, the negative impact of FDGVCP and BDGVCP is stronger in a transparent institutional environment. The results remain robust after causal identification. The mechanism analysis results show that FDGVCP and BDGVCP influence energy resilience through the scale channel, structure channel, and technology channel. Our research reveals that the DGVCs have a negative impact on energy resilience, contrasting with the conclusions of previous mainstream studies. Our findings underscore some important implications for avoiding the negative effects of DGVCs and enhancing energy resilience.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.