Sustainable Economy Research Highlights Intersection of Emissions Trading, Economics, and Global Value Chain Participation

Strategic Insights -

Recent research published in the Journal of Economic Surveys has shed light on the intersection of Emissions Trading Systems (ETS), economics, and Global Value Chain (GVC) participation. The study, supported by the National Natural Science Foundation of China (NSFC), analyzed 3800 articles from the Web of Science Core Collection and Scopus databases spanning 2019 to 2023. The researchers from the China University of Geosciences found that GVC participation is a key driver for balancing economic and environmental sustainability, with China, the United States, and the United Kingdom being top contributors to the research field.

Key Takeaways:

  • The study analyzed 3800 articles from the Web of Science Core Collection and Scopus databases to understand the intersection of ETS, economics, and GVC participation.
  • GVC participation is a key driver for balancing economic and environmental sustainability, with China, the United States, and the United Kingdom being top contributors to the research field.
  • The ETS policy reduces carbon emissions while promoting Sustainable Development Goals (SDGs), though regional variations in trade, digitalization, and environmental policy complicate its adoption.
  • The study identified influential papers, authors, and countries that contribute to the understanding of the intersection between ETS, economics, and GVC participation.
  • The research provides theoretical and practical implications through network and cluster analysis, highlighting the importance of regional variations in policy adoption.
  • The study concludes that understanding the intersection of ETS, economics, and GVC participation is crucial for achieving sustainable economic growth.
  • The ETS policy has regional variations in trade, digitalization, and environmental policy, which complicate its adoption.

Statistics:

  • 3800 articles were analyzed from the Web of Science Core Collection and Scopus databases spanning 2019 to 2023.
  • The study identified 202 selected papers as the most influential in the field of research.
  • China contributed 23.5% of the total papers, the United States contributed 21.1%, and the United Kingdom contributed 15.5% to the research field.
  • The top 3 journals that contributed to the research field were the Journal of Economic Surveys, the Journal of International Trade, Economics, and Finance, and the Energy Economics.

Sources:

  • NewsRx. Findings in Sustainable Economy Reported from China University of Geosciences (Implicit Carbon Emissions Trading In Forward and Backward Global Value Chain Participation for Sustainable Economic Growth: Bibliometrics and Systematic Analysis). Global Warming Focus. October 20, 2025; p 505.