The Inflexible Structure of Global Supply Chains /:
The rise of global supply chains has had profound effects on individual economies and the global trading system, thereby complicating standard macroeconomic analyses. For many of the new and challenging questions brought about by this phenomenon, such as its impact on the global business cycle and m...
Gespeichert in:
Hauptverfasser: | , , |
---|---|
Format: | Elektronisch E-Book |
Sprache: | English |
Veröffentlicht: |
[Washington, D.C.] :
International Monetary Fund,
[2019]
|
Schriftenreihe: | IMF working paper ;
WP/19/193. |
Schlagworte: | |
Online-Zugang: | Volltext |
Zusammenfassung: | The rise of global supply chains has had profound effects on individual economies and the global trading system, thereby complicating standard macroeconomic analyses. For many of the new and challenging questions brought about by this phenomenon, such as its impact on the global business cycle and measurements of competitiveness, the answer largely depends on one specific aspect of global value chains: how easily they can re-configure in response to changes in prices. We propose a parsimonious, generalized specification to test the degree of global-supply-chain flexibility. Our estimates show that, in the short run, the production structure is highly inflexible, and that this rigidity has, if anything, risen over time as supply chains have deepened over time. This finding is robust to alternative price measures, including those that account for the U.S. dollar's outsized role in trade through invoicing. While in the long run all estimated elasticities rise, supply chains remain somewhat inflexible. Our results have implications for analyses of cross-country business-cycle dynamics, the propagation of sectoral shocks, and the measurement of international competitiveness. |
Beschreibung: | 1 online resource (42 pages) |
Bibliographie: | Includes bibliographical references. |
ISBN: | 9781513515052 1513515055 |
Internformat
MARC
LEADER | 00000cam a2200000 i 4500 | ||
---|---|---|---|
001 | ZDB-4-EBU-on1122454343 | ||
003 | OCoLC | ||
005 | 20241004212047.0 | ||
006 | m o d | ||
007 | cr cnu---unuuu | ||
008 | 191019t20192019dcu ob 000 0 eng d | ||
040 | |a EBLCP |b eng |e rda |e pn |c EBLCP |d OCLCQ |d EBLCP |d OCLCQ |d N$T |d OCLCF |d OCLCQ |d CUS |d ESU |d YDX |d OCLCQ |d OCLCO |d OCLCQ |d OCLCO |d OCLCL | ||
020 | |a 9781513515052 |q (electronic book) | ||
020 | |a 1513515055 |q (electronic book) | ||
035 | |a (OCoLC)1122454343 | ||
050 | 4 | |a HD38.5 |b .B38 2019 | |
082 | 7 | |a 658.7 |2 23 | |
049 | |a MAIN | ||
100 | 1 | |a Bayoumi, Tamim A., |e author. |0 http://id.loc.gov/authorities/names/no92019776 | |
245 | 1 | 4 | |a The Inflexible Structure of Global Supply Chains / |c by Tamim Bayoumi, Jelle Barkema and Diego A. Cerdeiro. |
264 | 1 | |a [Washington, D.C.] : |b International Monetary Fund, |c [2019] | |
264 | 4 | |c ©2019 | |
300 | |a 1 online resource (42 pages) | ||
336 | |a text |b txt |2 rdacontent | ||
337 | |a computer |b c |2 rdamedia | ||
338 | |a online resource |b cr |2 rdacarrier | ||
490 | 1 | |a IMF Working Paper ; |v WP/19/193 | |
504 | |a Includes bibliographical references. | ||
505 | 0 | |a An illustration -- A nested test of global-supply-chain flexibility -- Data: sources and overview -- Results -- Concluding remarks. | |
520 | 3 | |a The rise of global supply chains has had profound effects on individual economies and the global trading system, thereby complicating standard macroeconomic analyses. For many of the new and challenging questions brought about by this phenomenon, such as its impact on the global business cycle and measurements of competitiveness, the answer largely depends on one specific aspect of global value chains: how easily they can re-configure in response to changes in prices. We propose a parsimonious, generalized specification to test the degree of global-supply-chain flexibility. Our estimates show that, in the short run, the production structure is highly inflexible, and that this rigidity has, if anything, risen over time as supply chains have deepened over time. This finding is robust to alternative price measures, including those that account for the U.S. dollar's outsized role in trade through invoicing. While in the long run all estimated elasticities rise, supply chains remain somewhat inflexible. Our results have implications for analyses of cross-country business-cycle dynamics, the propagation of sectoral shocks, and the measurement of international competitiveness. | |
650 | 0 | |a Business logistics. |0 http://id.loc.gov/authorities/subjects/sh85018306 | |
650 | 6 | |a Logistique (Organisation) | |
650 | 7 | |a Business logistics |2 fast | |
700 | 1 | |a Barkema, Jelle, |e author. | |
700 | 1 | |a Cerdeiro, Diego A., |e author. |0 http://id.loc.gov/authorities/names/no2007103326 | |
710 | 2 | |a International Monetary Fund, |e issuing body. |0 http://id.loc.gov/authorities/names/n81052755 | |
758 | |i has work: |a The Inflexible Structure of Global Supply Chains (Text) |1 https://id.oclc.org/worldcat/entity/E39PCFwdcvp9ryTcHX9RWcmhMd |4 https://id.oclc.org/worldcat/ontology/hasWork | ||
776 | 0 | 8 | |i Print version: |a Bayoumi, Tamim. |t Inflexible Structure of Global Supply Chains. |d Washington, D.C. : International Monetary Fund, ©2019 |z 9781513510569 |
830 | 0 | |a IMF working paper ; |v WP/19/193. |0 http://id.loc.gov/authorities/names/no89010263 | |
856 | 4 | 0 | |l FWS01 |p ZDB-4-EBU |q FWS_PDA_EBU |u https://search.ebscohost.com/login.aspx?direct=true&scope=site&db=nlebk&AN=2264897 |3 Volltext |
938 | |a ProQuest Ebook Central |b EBLB |n EBL5915785 | ||
938 | |a EBSCOhost |b EBSC |n 2264897 | ||
994 | |a 92 |b GEBAY | ||
912 | |a ZDB-4-EBU | ||
049 | |a DE-863 |
Datensatz im Suchindex
DE-BY-FWS_katkey | ZDB-4-EBU-on1122454343 |
---|---|
_version_ | 1816796935481196544 |
adam_text | |
any_adam_object | |
author | Bayoumi, Tamim A. Barkema, Jelle Cerdeiro, Diego A. |
author_GND | http://id.loc.gov/authorities/names/no92019776 http://id.loc.gov/authorities/names/no2007103326 |
author_facet | Bayoumi, Tamim A. Barkema, Jelle Cerdeiro, Diego A. |
author_role | aut aut aut |
author_sort | Bayoumi, Tamim A. |
author_variant | t a b ta tab j b jb d a c da dac |
building | Verbundindex |
bvnumber | localFWS |
callnumber-first | H - Social Science |
callnumber-label | HD38 |
callnumber-raw | HD38.5 .B38 2019 |
callnumber-search | HD38.5 .B38 2019 |
callnumber-sort | HD 238.5 B38 42019 |
callnumber-subject | HD - Industries, Land Use, Labor |
collection | ZDB-4-EBU |
contents | An illustration -- A nested test of global-supply-chain flexibility -- Data: sources and overview -- Results -- Concluding remarks. |
ctrlnum | (OCoLC)1122454343 |
dewey-full | 658.7 |
dewey-hundreds | 600 - Technology (Applied sciences) |
dewey-ones | 658 - General management |
dewey-raw | 658.7 |
dewey-search | 658.7 |
dewey-sort | 3658.7 |
dewey-tens | 650 - Management and auxiliary services |
discipline | Wirtschaftswissenschaften |
format | Electronic eBook |
fullrecord | <?xml version="1.0" encoding="UTF-8"?><collection xmlns="http://www.loc.gov/MARC21/slim"><record><leader>03579cam a2200481 i 4500</leader><controlfield tag="001">ZDB-4-EBU-on1122454343</controlfield><controlfield tag="003">OCoLC</controlfield><controlfield tag="005">20241004212047.0</controlfield><controlfield tag="006">m o d </controlfield><controlfield tag="007">cr cnu---unuuu</controlfield><controlfield tag="008">191019t20192019dcu ob 000 0 eng d</controlfield><datafield tag="040" ind1=" " ind2=" "><subfield code="a">EBLCP</subfield><subfield code="b">eng</subfield><subfield code="e">rda</subfield><subfield code="e">pn</subfield><subfield code="c">EBLCP</subfield><subfield code="d">OCLCQ</subfield><subfield code="d">EBLCP</subfield><subfield code="d">OCLCQ</subfield><subfield code="d">N$T</subfield><subfield code="d">OCLCF</subfield><subfield code="d">OCLCQ</subfield><subfield code="d">CUS</subfield><subfield code="d">ESU</subfield><subfield code="d">YDX</subfield><subfield code="d">OCLCQ</subfield><subfield code="d">OCLCO</subfield><subfield code="d">OCLCQ</subfield><subfield code="d">OCLCO</subfield><subfield code="d">OCLCL</subfield></datafield><datafield tag="020" ind1=" " ind2=" "><subfield code="a">9781513515052</subfield><subfield code="q">(electronic book)</subfield></datafield><datafield tag="020" ind1=" " ind2=" "><subfield code="a">1513515055</subfield><subfield code="q">(electronic book)</subfield></datafield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(OCoLC)1122454343</subfield></datafield><datafield tag="050" ind1=" " ind2="4"><subfield code="a">HD38.5</subfield><subfield code="b">.B38 2019</subfield></datafield><datafield tag="082" ind1="7" ind2=" "><subfield code="a">658.7</subfield><subfield code="2">23</subfield></datafield><datafield tag="049" ind1=" " ind2=" "><subfield code="a">MAIN</subfield></datafield><datafield tag="100" ind1="1" ind2=" "><subfield code="a">Bayoumi, Tamim A.,</subfield><subfield code="e">author.</subfield><subfield code="0">http://id.loc.gov/authorities/names/no92019776</subfield></datafield><datafield tag="245" ind1="1" ind2="4"><subfield code="a">The Inflexible Structure of Global Supply Chains /</subfield><subfield code="c">by Tamim Bayoumi, Jelle Barkema and Diego A. Cerdeiro.</subfield></datafield><datafield tag="264" ind1=" " ind2="1"><subfield code="a">[Washington, D.C.] :</subfield><subfield code="b">International Monetary Fund,</subfield><subfield code="c">[2019]</subfield></datafield><datafield tag="264" ind1=" " ind2="4"><subfield code="c">©2019</subfield></datafield><datafield tag="300" ind1=" " ind2=" "><subfield code="a">1 online resource (42 pages)</subfield></datafield><datafield tag="336" ind1=" " ind2=" "><subfield code="a">text</subfield><subfield code="b">txt</subfield><subfield code="2">rdacontent</subfield></datafield><datafield tag="337" ind1=" " ind2=" "><subfield code="a">computer</subfield><subfield code="b">c</subfield><subfield code="2">rdamedia</subfield></datafield><datafield tag="338" ind1=" " ind2=" "><subfield code="a">online resource</subfield><subfield code="b">cr</subfield><subfield code="2">rdacarrier</subfield></datafield><datafield tag="490" ind1="1" ind2=" "><subfield code="a">IMF Working Paper ;</subfield><subfield code="v">WP/19/193</subfield></datafield><datafield tag="504" ind1=" " ind2=" "><subfield code="a">Includes bibliographical references.</subfield></datafield><datafield tag="505" ind1="0" ind2=" "><subfield code="a">An illustration -- A nested test of global-supply-chain flexibility -- Data: sources and overview -- Results -- Concluding remarks.</subfield></datafield><datafield tag="520" ind1="3" ind2=" "><subfield code="a">The rise of global supply chains has had profound effects on individual economies and the global trading system, thereby complicating standard macroeconomic analyses. For many of the new and challenging questions brought about by this phenomenon, such as its impact on the global business cycle and measurements of competitiveness, the answer largely depends on one specific aspect of global value chains: how easily they can re-configure in response to changes in prices. We propose a parsimonious, generalized specification to test the degree of global-supply-chain flexibility. Our estimates show that, in the short run, the production structure is highly inflexible, and that this rigidity has, if anything, risen over time as supply chains have deepened over time. This finding is robust to alternative price measures, including those that account for the U.S. dollar's outsized role in trade through invoicing. While in the long run all estimated elasticities rise, supply chains remain somewhat inflexible. Our results have implications for analyses of cross-country business-cycle dynamics, the propagation of sectoral shocks, and the measurement of international competitiveness.</subfield></datafield><datafield tag="650" ind1=" " ind2="0"><subfield code="a">Business logistics.</subfield><subfield code="0">http://id.loc.gov/authorities/subjects/sh85018306</subfield></datafield><datafield tag="650" ind1=" " ind2="6"><subfield code="a">Logistique (Organisation)</subfield></datafield><datafield tag="650" ind1=" " ind2="7"><subfield code="a">Business logistics</subfield><subfield code="2">fast</subfield></datafield><datafield tag="700" ind1="1" ind2=" "><subfield code="a">Barkema, Jelle,</subfield><subfield code="e">author.</subfield></datafield><datafield tag="700" ind1="1" ind2=" "><subfield code="a">Cerdeiro, Diego A.,</subfield><subfield code="e">author.</subfield><subfield code="0">http://id.loc.gov/authorities/names/no2007103326</subfield></datafield><datafield tag="710" ind1="2" ind2=" "><subfield code="a">International Monetary Fund,</subfield><subfield code="e">issuing body.</subfield><subfield code="0">http://id.loc.gov/authorities/names/n81052755</subfield></datafield><datafield tag="758" ind1=" " ind2=" "><subfield code="i">has work:</subfield><subfield code="a">The Inflexible Structure of Global Supply Chains (Text)</subfield><subfield code="1">https://id.oclc.org/worldcat/entity/E39PCFwdcvp9ryTcHX9RWcmhMd</subfield><subfield code="4">https://id.oclc.org/worldcat/ontology/hasWork</subfield></datafield><datafield tag="776" ind1="0" ind2="8"><subfield code="i">Print version:</subfield><subfield code="a">Bayoumi, Tamim.</subfield><subfield code="t">Inflexible Structure of Global Supply Chains.</subfield><subfield code="d">Washington, D.C. : International Monetary Fund, ©2019</subfield><subfield code="z">9781513510569</subfield></datafield><datafield tag="830" ind1=" " ind2="0"><subfield code="a">IMF working paper ;</subfield><subfield code="v">WP/19/193.</subfield><subfield code="0">http://id.loc.gov/authorities/names/no89010263</subfield></datafield><datafield tag="856" ind1="4" ind2="0"><subfield code="l">FWS01</subfield><subfield code="p">ZDB-4-EBU</subfield><subfield code="q">FWS_PDA_EBU</subfield><subfield code="u">https://search.ebscohost.com/login.aspx?direct=true&scope=site&db=nlebk&AN=2264897</subfield><subfield code="3">Volltext</subfield></datafield><datafield tag="938" ind1=" " ind2=" "><subfield code="a">ProQuest Ebook Central</subfield><subfield code="b">EBLB</subfield><subfield code="n">EBL5915785</subfield></datafield><datafield tag="938" ind1=" " ind2=" "><subfield code="a">EBSCOhost</subfield><subfield code="b">EBSC</subfield><subfield code="n">2264897</subfield></datafield><datafield tag="994" ind1=" " ind2=" "><subfield code="a">92</subfield><subfield code="b">GEBAY</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">ZDB-4-EBU</subfield></datafield><datafield tag="049" ind1=" " ind2=" "><subfield code="a">DE-863</subfield></datafield></record></collection> |
id | ZDB-4-EBU-on1122454343 |
illustrated | Not Illustrated |
indexdate | 2024-11-26T14:49:35Z |
institution | BVB |
institution_GND | http://id.loc.gov/authorities/names/n81052755 |
isbn | 9781513515052 1513515055 |
language | English |
oclc_num | 1122454343 |
open_access_boolean | |
owner | MAIN DE-863 DE-BY-FWS |
owner_facet | MAIN DE-863 DE-BY-FWS |
physical | 1 online resource (42 pages) |
psigel | ZDB-4-EBU |
publishDate | 2019 |
publishDateSearch | 2019 |
publishDateSort | 2019 |
publisher | International Monetary Fund, |
record_format | marc |
series | IMF working paper ; |
series2 | IMF Working Paper ; |
spelling | Bayoumi, Tamim A., author. http://id.loc.gov/authorities/names/no92019776 The Inflexible Structure of Global Supply Chains / by Tamim Bayoumi, Jelle Barkema and Diego A. Cerdeiro. [Washington, D.C.] : International Monetary Fund, [2019] ©2019 1 online resource (42 pages) text txt rdacontent computer c rdamedia online resource cr rdacarrier IMF Working Paper ; WP/19/193 Includes bibliographical references. An illustration -- A nested test of global-supply-chain flexibility -- Data: sources and overview -- Results -- Concluding remarks. The rise of global supply chains has had profound effects on individual economies and the global trading system, thereby complicating standard macroeconomic analyses. For many of the new and challenging questions brought about by this phenomenon, such as its impact on the global business cycle and measurements of competitiveness, the answer largely depends on one specific aspect of global value chains: how easily they can re-configure in response to changes in prices. We propose a parsimonious, generalized specification to test the degree of global-supply-chain flexibility. Our estimates show that, in the short run, the production structure is highly inflexible, and that this rigidity has, if anything, risen over time as supply chains have deepened over time. This finding is robust to alternative price measures, including those that account for the U.S. dollar's outsized role in trade through invoicing. While in the long run all estimated elasticities rise, supply chains remain somewhat inflexible. Our results have implications for analyses of cross-country business-cycle dynamics, the propagation of sectoral shocks, and the measurement of international competitiveness. Business logistics. http://id.loc.gov/authorities/subjects/sh85018306 Logistique (Organisation) Business logistics fast Barkema, Jelle, author. Cerdeiro, Diego A., author. http://id.loc.gov/authorities/names/no2007103326 International Monetary Fund, issuing body. http://id.loc.gov/authorities/names/n81052755 has work: The Inflexible Structure of Global Supply Chains (Text) https://id.oclc.org/worldcat/entity/E39PCFwdcvp9ryTcHX9RWcmhMd https://id.oclc.org/worldcat/ontology/hasWork Print version: Bayoumi, Tamim. Inflexible Structure of Global Supply Chains. Washington, D.C. : International Monetary Fund, ©2019 9781513510569 IMF working paper ; WP/19/193. http://id.loc.gov/authorities/names/no89010263 FWS01 ZDB-4-EBU FWS_PDA_EBU https://search.ebscohost.com/login.aspx?direct=true&scope=site&db=nlebk&AN=2264897 Volltext |
spellingShingle | Bayoumi, Tamim A. Barkema, Jelle Cerdeiro, Diego A. The Inflexible Structure of Global Supply Chains / IMF working paper ; An illustration -- A nested test of global-supply-chain flexibility -- Data: sources and overview -- Results -- Concluding remarks. Business logistics. http://id.loc.gov/authorities/subjects/sh85018306 Logistique (Organisation) Business logistics fast |
subject_GND | http://id.loc.gov/authorities/subjects/sh85018306 |
title | The Inflexible Structure of Global Supply Chains / |
title_auth | The Inflexible Structure of Global Supply Chains / |
title_exact_search | The Inflexible Structure of Global Supply Chains / |
title_full | The Inflexible Structure of Global Supply Chains / by Tamim Bayoumi, Jelle Barkema and Diego A. Cerdeiro. |
title_fullStr | The Inflexible Structure of Global Supply Chains / by Tamim Bayoumi, Jelle Barkema and Diego A. Cerdeiro. |
title_full_unstemmed | The Inflexible Structure of Global Supply Chains / by Tamim Bayoumi, Jelle Barkema and Diego A. Cerdeiro. |
title_short | The Inflexible Structure of Global Supply Chains / |
title_sort | inflexible structure of global supply chains |
topic | Business logistics. http://id.loc.gov/authorities/subjects/sh85018306 Logistique (Organisation) Business logistics fast |
topic_facet | Business logistics. Logistique (Organisation) Business logistics |
url | https://search.ebscohost.com/login.aspx?direct=true&scope=site&db=nlebk&AN=2264897 |
work_keys_str_mv | AT bayoumitamima theinflexiblestructureofglobalsupplychains AT barkemajelle theinflexiblestructureofglobalsupplychains AT cerdeirodiegoa theinflexiblestructureofglobalsupplychains AT internationalmonetaryfund theinflexiblestructureofglobalsupplychains AT bayoumitamima inflexiblestructureofglobalsupplychains AT barkemajelle inflexiblestructureofglobalsupplychains AT cerdeirodiegoa inflexiblestructureofglobalsupplychains AT internationalmonetaryfund inflexiblestructureofglobalsupplychains |