Does digital global value chain participation reduce energy resilience? Evidence from 49 countries worldwide

• Published in: Technological forecasting & social change Vol. 208; p. 123712
• Main Authors: Zhang, Zhenhua, Wu, Huangbin, Zhang, Yunpeng, Hu, Shilei, Pan, Yuxi, Feng, Yanchao
• Format: Journal Article
• Language: English
• Published: Elsevier Inc 01.11.2024
• Subjects: Digital global value chain; Energy resilience; Institutional environment; Scale effect; Structure effect; Technology effect; Structure effect; Institutional environment; Technology effect; Energy resilience; Digital global value chain; Scale effect
• ISSN: 0040-1625
• DOI: 10.1016/j.techfore.2024.123712

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. [Display omitted] •DGVCP can significantly reduce energy resilience.•The negative impact of DGVCP is stronger in a transparent IE.•DGVCP negatively affects energy resilience through the scale effect and the energy effect.•The effect of BDGVCP on energy resilience is weakened in developed countries and countries with high financial development.•The effect of FDGVCP on energy resilience is not significant in countries with high financial development.