Using a dynamic panel threshold model, we find a nonlinear effect of financial development on participation in the global value chains for 92 countries. The effect is positive below a threshold and turns negative above it. We provide evidence supporting our explanation that when a country’s...

Recently, energy efficiency and the sharing economy have become significant factors for sustainable economic development (SED), which require the attention of researchers and policymakers. Thus, the present research investigates the impact of energy efficiency and the sharing economy on SED in...