The Economic Effects of China’s Domestic Demand Expansion: Evidence from a Global Value Chain Perspective
- DOI
- 10.2991/978-94-6239-766-8_4How to use a DOI?
- Keywords
- Global value chains; Inter-country input–output model; Domestic demand expansion; Counterfactual analysis
- Abstract
To explore the economic effects of expanding domestic demand in China, this study adopts the ICIO analytical framework from a global value chain perspective and constructs nine counterfactual scenarios to systematically examine the economic effects of China’s domestic demand expansion under different supply pathways and demand structures. The results show that: first, the economic impact of domestic demand expansion is highly dependent on the supply pathway, with the growth effect under the domestic-dominated scenario being much stronger than under the import-dependent scenario. Second, consumption-driven and investment-driven demand affect different sectors: consumption primarily drives downstream sectors, while investment mainly benefits upstream and midstream sectors. Third, international spillover effects exhibit a gradient pattern, with small, highly dependent economies benefiting the most. This study provides new insights into the transmission mechanisms of expanding domestic demand and offers a quantitative basis for optimizing demand structures.
- Copyright
- © 2026 The Author(s)
- Open Access
- Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.
Cite this article
TY - CONF AU - Zhaomeng Wang AU - Yadong Ning PY - 2026 DA - 2026/09/04 TI - The Economic Effects of China’s Domestic Demand Expansion: Evidence from a Global Value Chain Perspective BT - Proceedings of the 2026 6th International Conference on Education, Information Management and Service Science (EIMSS 2026) PB - Atlantis Press SP - 27 EP - 34 SN - 2589-4900 UR - https://doi.org/10.2991/978-94-6239-766-8_4 DO - 10.2991/978-94-6239-766-8_4 ID - Wang2026 ER -