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Breaking Bad : Supply Chain Disruptions in a Streamlined Agent Based Model
Delli Gatti, Domenico; Grugni, Elisa - 2021
We explore the macro-financial consequences of the disruption of a supply chain in an agent based framework characterized by two networks, a credit network connecting banks and firms and a production network connecting upstream and down-stream firms. We consider two scenarios. In the first one,...
Persistent link: https://www.econbiz.de/10013231965
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Labor Market Effects of Global Supply Chain Disruptions
Ulate, Mauricio; Zarate, Roman D.; Vasquez, Jose P. - 2023
We examine the labor market consequences of recent global supply chain disruptions induced by COVID-19. Specifically, we consider a temporary increase in international trade costs similar to the one observed during the pandemic and analyze its effects on labor market outcomes using a...
Persistent link: https://www.econbiz.de/10014259687
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Asymmetric Yardstick Competition : Traditional Procurement Versus Public-Private Partnerships
Liddo, Giuseppe Di - 2019
traditional procurement (TP) and public-private partnership (PPP). We show that a mixed regime, in which TP is used in one …
Persistent link: https://www.econbiz.de/10012892139
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Competitive Procurement with Ex Post Moral Hazard
Chakraborty, Indranil; Khalil, Fahad; Lawarree, Jacques - 2021
Unlike standard auctions, we show that competitive procurement may optimally limit competition or use inefficient … allocation rules that award the project to a less efficient firm with positive probability. Procurement projects often involve ex … post moral hazard after the competitive process is over. A procurement mechanism must combine an incentive scheme with the …
Persistent link: https://www.econbiz.de/10013249652
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Backward Versus Forward Integration of Firms in Global Value Chains
Egger, Peter; Erhardt, Katharina; Masllorens, Gerard - 2021
model of vertical integration in a supplier-producer relationship that is rooted in the property-rights theory to learn …
Persistent link: https://www.econbiz.de/10013224089
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Trade Protection Along Supply Chains
Bown, Chad P.; Conconi, Paola; Erbahar, Aksel; … - 2021
During the last decades, the United States has applied increasingly high trade protection against China. We combine detailed information on US antidumping (AD) duties — the most widely used trade barrier — with US input-output data to study the effects of trade protection along supply...
Persistent link: https://www.econbiz.de/10013251244
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Supplier Encroachment with Mutual Outsourcing
Milliou, Chrysovalantou; Serfes, Konstantinos - 2023
We examine the incentives and implications of supplier encroachment, when final good produc-tion requires the use of multiple complementary inputs and the entry of a supplier into the final good market gives rise to mutual outsourcing of inputs between the encroaching supplier and the incumbent....
Persistent link: https://www.econbiz.de/10014347224
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Do People Value More Informative New?
Chopra, Felix - 2020
We examine whether the desire for more information is people's dominant motive for reading economic and political news. Drawing on representative samples of the U.S. population with more than 15,000 respondents in total, we measure and experimentally vary people's beliefs about the...
Persistent link: https://www.econbiz.de/10012843435
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Misallocation in Firm Production : A Nonparametric Analysis Using Procurement Lotteries
Carrillo, Paul E.; Donaldson, Dave; Pomeranz, Dina; … - 2023
experience demand shocks derived from a lottery-based assignment of public procurement contracts for construction services in …
Persistent link: https://www.econbiz.de/10014347985
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What are the Priorities of Bureaucrats? Evidence from Conjoint Experiments with Procurement Officials
Tukiainen, Janne; Blesse, Sebastian; Bohne, Albrecht; … - 2023
preferences of 900+ real-world public procurement officials in Finland and Germany. This is an important pursuit as they report … importance of multiple features of procurement outcomes. Officials prioritize avoiding unexpectedly high prices but not seeking …
Persistent link: https://www.econbiz.de/10014263185