Lecture by Qingyi Li, PhD candidate at the Doctoral School of Social Sciences

We cordially invite you to attend the seminar, organized by the Department of Innovation and Development at the Faculty of Economic Sciences, which will be held on 6 February. During the event, Qingyi Li will present her paper entitled “The Impact of the EU Emissions Trading System on Global Value Chain Restructuring”.

The seminar will begin at 14:00 in room A409. We warmly encourage you to join the meeting and review the abstract of the presentation provided below.

---

This paper aims to quantitatively estimate how the European Union Emissions Trading System (EU ETS), as a pivotal regional climate policy, reshapes global value chains (GVCs) through the mechanism of carbon leakage. Particular attention is given to whether non-ETS countries assume higher-carbon-intensive production stages by increasing their embedded value added in EU exports. Drawing upon OECD TiVA panel data, the research applies the Poisson Pseudo-Maximum Likelihood (PPML) estimation to conduct the empirical analysis. Results demonstrate that the implementation of the EU ETS significantly promotes the foreign value added from non-ETS countries in regulated sectors’ exports of EU.