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Global value chain participation, globalisation-Energy Nexus and sustainable development in ASEAN

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dc.citedby1
dc.contributor.authorOsabohien R.en_US
dc.contributor.authorJaffar A.H.en_US
dc.contributor.authorAdeleke O.K.en_US
dc.contributor.authorKarakara A.A.-W.en_US
dc.contributor.authorid57201922189en_US
dc.contributor.authorid58897806500en_US
dc.contributor.authorid57204012817en_US
dc.contributor.authorid57203878444en_US
dc.date.accessioned2025-03-03T07:41:24Z
dc.date.available2025-03-03T07:41:24Z
dc.date.issued2024
dc.description.abstractAchieving net zero carbon emissions necessitates a systemic reorganization of global value chains, particularly in the ASEAN region, due to its growing role as a manufacturing hub. This study explores the interaction between global value chains (GVCs), globalization and sustainable development in ASEAN countries from 2014 to 2022. Using data from sources like the World Development Indicators, Human Development Index, Eora Global Value Chain Database, and others, the study employs a system-generalized method of moments to address endogeneity. The findings reveal that GVC participation significantly impacts sustainable development, with a 1 % increase in GVC involvement leading to a 0.11 % rise in sustainable development. Additionally, globalization metrics such as trade openness and merchandise trade, excluding foreign direct investment, also positively influence sustainable development. When combined with GVCs, these factors further enhance sustainable outcomes. The study also highlights the positive impact of trading in low-carbon goods on sustainable development. Based on these findings, the study recommends policies that promote sustainable production practices within GVCs, sustainable urban planning, good governance, and investment in green infrastructure. Additionally, increased investment in renewable energy technologies and infrastructure is essential to ensure equitable access to clean energy. Governments should prioritize transitioning to low-carbon energy sources to mitigate the negative effects of greenhouse gas emissions. ? 2024 The Author(s)en_US
dc.description.natureFinalen_US
dc.identifier.ArtNo100253
dc.identifier.doi10.1016/j.resglo.2024.100253
dc.identifier.scopus2-s2.0-85204807931
dc.identifier.urihttps://www.scopus.com/inward/record.uri?eid=2-s2.0-85204807931&doi=10.1016%2fj.resglo.2024.100253&partnerID=40&md5=886ec0d66b5edbb0110f0be6f49b4481
dc.identifier.urihttps://irepository.uniten.edu.my/handle/123456789/36118
dc.identifier.volume9
dc.publisherElsevier B.V.en_US
dc.relation.ispartofAll Open Access; Gold Open Access
dc.sourceScopus
dc.sourcetitleResearch in Globalization
dc.titleGlobal value chain participation, globalisation-Energy Nexus and sustainable development in ASEANen_US
dc.typeArticleen_US
dspace.entity.typePublication
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