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Carbon emissions versus value-added in export-driven countries: case of Vietnam
1Graduate School of Global Governance, Meiji University, Tokyo, Japan.
Journal of Economic Structures
|September 13, 2022
Summary
Vietnam
Area of Science:
- Environmental Economics
- Sustainable Development
- International Trade
Background:
- Manufacturing for export is a key driver of economic growth in developing nations like Vietnam.
- Vietnam's open economic policies since 1986 have boosted exports but also led to environmental challenges.
- Export activities present a dual impact on economic development and environmental sustainability.
Purpose of the Study:
- To analyze the economic and environmental impacts of Vietnam's export activities.
- To compare carbon emissions and value-added embodied in exports.
- To provide recommendations for Vietnam's future export strategy.
Main Methods:
- Utilized an input-output model for analysis.
- Compared carbon emissions and value-added intensity of exports.
- Examined data from 2006 to 2015.
Main Results:
- Carbon dioxide (CO2) emissions embodied in Vietnam's exports increased from 2006 to 2015.
- Both the carbon intensity and value-added intensity of exports showed concerning trends.
- Domestic production generated higher value-added and lower carbon emissions compared to export production.
Conclusions:
- Vietnam's export strategy needs reform to address rising CO2 emissions.
- Technological improvements and policy adjustments are crucial for sustainable export growth.
- Reforming the export structure can mitigate environmental degradation while fostering economic development.
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