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From Just in Time, to Just in Case, to Just in Worst-Case : Simple models of a Global Supply Chain under Uncertain Aggregate Shocks

Jiang, Bomin; Rigobon, Daniel E.; Rigobón, Roberto - National Bureau of Economic Research - 2021

Covid-19 highlighted the weaknesses in the supply chain. Many have argued that a more resilient or robust supply chain is needed. But what does a robust supply chain mean? And how do firms' decisions change when taken that approach? This paper studies a very stylized model of a supply chain,...

Persistent link: https://www.econbiz.de/10012660023

Risks and global supply chains : What we know and what we need to know

Baldwin, Richard E.; Freeman, Rebecca - National Bureau of Economic Research - 2021

Recent supply disruptions catapulted the issue of risk in global supply chains (GSCs) to the top of policy agendas and created the impression that shortages would have been less severe if GSCs were either shorter and more domestic, or more diversified. But is this right? We start our answer by...

Persistent link: https://www.econbiz.de/10012660121

Labor Dynamics and Supply Chain Disruption in Food Manufacturing

Ramsey, A. Ford; Goodwin, Barry K.; Haley, Mildred A. - National Bureau of Economic Research - 2021

Food manufacturing and processing is an important link between agricultural producers and consumers in the agricultural … supply chain. The food manufacturing sector in the United States is both increasingly mechanized and increasingly … concentrated. Consequently, labor risks in food manufacturing have changed over time with changes in industry structure. Labor …

Persistent link: https://www.econbiz.de/10012585380

Demand Shocks and Supply Chain Resilience : An Agent Based Modelling Approach and Application to the Potato Supply Chain

Lu, Liang; Nguyen, Ruby; Rahman, Md Mamunur; Winfree, Jason - National Bureau of Economic Research - 2021

The food supply chain has experienced major disruptions from both demand and supply sides during the Covid-19 pandemic …. While some consequences such as food waste are directly caused by the disruption due to supply chain inefficiency, others … are indirectly caused by a change in consumer's preferences. As a result, evaluating food supply chain resilience is a …

Persistent link: https://www.econbiz.de/10012616614

Concentration and Resilience in the U.S. Meat Supply Chains

Ma, Meilin; Lusk, Jayson L. - National Bureau of Economic Research - 2021

, and thus food security, depends on the exogenous risk of shutdown and the level of output desired; no horizontal structure … food supply chain and highlight that there are no easy solutions to improving the short-run resilience by changing the …

Persistent link: https://www.econbiz.de/10012599393

From Scarcity to Abundance : Government and Private Initiatives to Manage the Allocation of N95 Masks in the U.S. During the COVID-19 Pandemic

Joskow, Paul L. - National Bureau of Economic Research - 2022

This paper examines the structure, behavior and performance of the N95 respirator market in the U.S. before and during the COVID-19 pandemic (2020-early 2022). It focuses on the behavior and performance of government and private sector organizations in the allocation of scarce supplies of N95...

Persistent link: https://www.econbiz.de/10013172175

Monetary Policy in an Era of Global Supply Chains

Wei, Shang-Jin - 2020

We study the implications of global supply chains for the design of monetary policy, using a small-open economy New Keynesian model with multiple stages of production. Within the family of simple monetary policy rules with commitment, a rule that targets separate producer price inflation at...

Persistent link: https://www.econbiz.de/10012479127

Rising Import Tariffs, Falling Export Growth : When Modern Supply Chains Meet Old-Style Protectionism

Handley, Kyle - 2020

We examine the impacts of the 2018-2019 U.S. import tariff increases on U.S. export growth through the lens of supply chain linkages. Using 2016 confidential firm-trade linked data, we document the implied incidence and scope of new import tariffs. Firms that eventually faced tariff increases on...

Persistent link: https://www.econbiz.de/10012479135

Credit Rationing and Pass-Through in Supply Chains : Theory and Evidence from Bangladesh

Emran, M. Shahe - 2020

We extend standard models of price pass-through in an imperfectly competitive supply chain to incorporate rationing of trade credit. Credit rationing reverses predictions concerning effects of raw material import prices on pass-through to wholesale prices, and effects of regulations of...

Persistent link: https://www.econbiz.de/10012479139

Conceptual Aspects of Global Value Chains

Antràs, Pol - 2019

I offer an overview of some key conceptual aspects associated with the rise of global value chains (GVCs). I outline a series of alternative interpretations and definitions of what the rise of GVCs entails, and I trace the implications of these alternative conceptualizations for the measurement...

Persistent link: https://www.econbiz.de/10012480483