Showing 1 - 10 of 246
This paper studies how firm failures and the resulting disruptions to supply chains can amplify negative shocks. We develop a non-competitive model where customized supplier-customer relations increase productivity, and the relationship-specific surplus generated between firms and their...
Persistent link: https://www.econbiz.de/10012481420
A coalition of well-organized semiconductor producers along with compliant government agencies (USTR and the Commerce … in all world markets and to help secure 20 percent of the Japanese semiconductor market for foreign firms within five … protectionism.' This paper examines how the U.S. semiconductor industry became the beneficiary of this unique and unprecedented …
Persistent link: https://www.econbiz.de/10012474180
This paper has examined the factors that affect the pattern of introduction of semiconductor innovations into the …
Persistent link: https://www.econbiz.de/10012479001
The adoption and diffusion of inputs in the production network is at the heart of technological progress. What determines which inputs are initially considered and eventually adopted by innovators? We examine the evolution of input linkages from a network perspective, starting from a stylized...
Persistent link: https://www.econbiz.de/10012458639
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...
Persistent link: https://www.econbiz.de/10012585380
The response of entry and exit to adverse supply shocks, such as COVID-19, is amplified by nominal rigidities. This leads to further amplification in the response of aggregate demand. Firms' inability to adjust their prices induces further changes in profitability that engender additional...
Persistent link: https://www.econbiz.de/10012482477
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
We characterize what features make supply chains more resilient. Using new data on the universe of firm-to-firm transactions from an Indian state, we identify firms with larger supplier risk following the Covid-19 lockdowns. Using an event-study design we find firms with suppliers in...
Persistent link: https://www.econbiz.de/10013462737
Using textual analysis of earnings conference calls, we quantify firms' supply chain risk and its sources. Our proxy for supply chain risk exhibits large cross-sectional and time-series variation that aligns with reasonable priors and is unprecedently high during the Covid-19 pandemic. In...
Persistent link: https://www.econbiz.de/10014250152
The Producer Price Index (PPI) for the United States suggests that semiconductor prices have barely been falling in … implications for gauging the rate of innovation in the semiconductor sector …
Persistent link: https://www.econbiz.de/10012457592