R&D Spillovers Across the Supply Chain PDF Download
Are you looking for read ebook online? Search for your book and save it on your Kindle device, PC, phones or tablets. Download R&D Spillovers Across the Supply Chain PDF full book. Access full book title R&D Spillovers Across the Supply Chain by Madhuri Saripalle. Download full books in PDF and EPUB format.
Author: Madhuri Saripalle Publisher: ISBN: Category : Languages : en Pages : 1
Book Description
This study analyzes the impact of intra-industry R&D spillovers on firm's own R&D effort from a supply chain perspective. Empirical studies have found inter-industry spillovers to be significant as opposed to intra-industry, as the pool of accessible knowledge is the same for a cross section of firms within an industry. However, from a supply chain perspective, though firms may be suppliers to an industry, they belong to different segments of the industry; and different tiers of the supply chain. The present study attempts to measure the horizontal and vertical spillovers within the supply chain of the Indian auto components Industry. The study finds spillovers from within the component group are a substitute for firm's own in-house R&D, while spillovers coming from outside the component group act as complements, thus indicating the integral nature of automobile design, requiring collaborative R&D effort. Vertical spillovers vary based on vehicle category suggesting that nature of OEM-supplier collaboration differs by vehicle types. Other factors influencing own R&D effort include age, market share and location in an industrial cluster.
Author: Madhuri Saripalle Publisher: ISBN: Category : Languages : en Pages : 1
Book Description
This study analyzes the impact of intra-industry R&D spillovers on firm's own R&D effort from a supply chain perspective. Empirical studies have found inter-industry spillovers to be significant as opposed to intra-industry, as the pool of accessible knowledge is the same for a cross section of firms within an industry. However, from a supply chain perspective, though firms may be suppliers to an industry, they belong to different segments of the industry; and different tiers of the supply chain. The present study attempts to measure the horizontal and vertical spillovers within the supply chain of the Indian auto components Industry. The study finds spillovers from within the component group are a substitute for firm's own in-house R&D, while spillovers coming from outside the component group act as complements, thus indicating the integral nature of automobile design, requiring collaborative R&D effort. Vertical spillovers vary based on vehicle category suggesting that nature of OEM-supplier collaboration differs by vehicle types. Other factors influencing own R&D effort include age, market share and location in an industrial cluster.
Author: Selim Elekdag Publisher: International Monetary Fund ISBN: 1484355180 Category : Business & Economics Languages : en Pages : 30
Book Description
Germany and the Czech Republic, Hungary, Poland, and Slovakia (the CE4) have been in a process of deepening economic integration which has lead to the development of a dynamic supply chain within Europe—the Germany-Central European Supply Chain (GCESC). Model-based simulations suggest two key policy implications: First, as a reflection of strengthening trade linkages, German fiscal spillovers to the CE4 and more broadly to the rest of the euro area, have increased over time, but are still relatively small. This is explained by the supply chain nature of trade integration: final demand in Germany is not necessarily the main determinant of CE4 exports to Germany. Second, increased trade openness in both Germany and the CE4 implies a greater exposure of the GCESC to global shocks. However, owing to its strong fundamentals—including sound balance sheets and its safe haven status— Germany plays the role of a regional anchor of stability by better absorbing shocks from other trading partners instead of amplifying their transmission across the GCESC.
Author: Alan Feng Publisher: International Monetary Fund ISBN: 1513564587 Category : Business & Economics Languages : en Pages : 57
Book Description
Are assets in a landlocked country subject to sea-level rise risk? In this paper, we study the cross-border spillovers of physical climate risks through international trade and supply chain linkages. As we base our findings on historical data between 1970 and 2018, we observe that globalization increased the similarity of countries’ global climate risk exposures. Exposures to foreign climatic disasters in major trade partner countries (both upstream and downstream) lower the home-country stock market valuation for the aggregate market and for the tradable sectors. We also find that exposures to foreign long-term climate change risks reduce the asset price valuations of the tradable sectors at home. Findings in this paper suggest that climate adaptation efforts in a country can have positive externalities on other countries’ macrofinancial performance and stability through international trade.
Author: Bernard Hoekman Publisher: ISBN: Category : Languages : en Pages : 32
Book Description
Assessing the effects of subsidies is complicated, given the need to consider linkages within and across supply chain networks. A precondition for determining whether existing WTO disciplines on subsidies are adequate is better information and more empirical research on the extent to which negative international spillovers are created by prevailing policies. Many of the policies that affect supply chain operations are not considered subsidies under the WTO. There are no rules on subsidies for services or investment incentives. Conversely, some WTO rules may not be appropriate or effective given the increasing prevalence of value chains. There is an urgent need for policy analysis to determine how existing WTO disciplines impact on value chain s and whether and how large the negative spillovers are of national policies. A necessary condition for any such determination is much better data on the measures that are employed by governments around the world, both at the central and sub-central levels.
Author: Olov Isaksson Publisher: ISBN: Category : Languages : en Pages : 22
Book Description
In addition to internal R&D, external knowledge is widely considered as an essential lever for innovative performance. This paper analyzes knowledge spillovers in supply chain networks. Specifically, we investigate how supplier innovation is impacted by buyer innovation. Financial accounting data is combined with supply chain relationship data and patent data for U.S. firms in high tech industries. Our econometric analysis shows that buyer innovation has a positive and significant impact on supplier innovation. We find that the duration of the buyer-supplier relationship positively moderates this effect, but that the technological proximity between the two firms does not have a significant effect on spillovers.
Author: Diego A. Cerdeiro Publisher: INTERNATIONAL MONETARY FUND ISBN: 9781513564746 Category : Business & Economics Languages : en Pages : 29
Book Description
World trade contracted dramatically during the global economic crisis induced by the COVID-19 pandemic. Disruptions in international supply chains were widely reported as governments imposed containment measures (lockdowns) to halt the spread of the disease. At the same time, demand declined as households and firms scaled back spending. This paper attempts to disentangle the supply and demand channels in trade by quantifying the causal effect of supply spillovers from lockdowns. We utilize a novel dataset of daily bilateral seaborne trade, and design a shift-share identification strategy that leverages geography-induced cargo delivery lags to track the transmission of supply disruptions across space. We find strong but short-lived supply spillovers of lockdowns through international trade. Moreover, the evidence is suggestive of the downstream propagation of countries’ lockdowns through global supply chains.
Author: Alan Feng Publisher: ISBN: Category : Languages : en Pages : 0
Book Description
Are land locked countries subject to sea-level rise risk? We highlight a new mechanism by which physical climate shocks affects countries' macro-financial performance: the cross-border spillover effects that propagate through international trade. Basing our findings on historical data between 1970 and 2019, we find that climate disasters that strike the transport infrastructure - ports - decrease the affected country's imports and exports and reduce economic output in major trade partner (both upstream and downstream) countries. Climate disasters reduce stock market returns in the aggregate market and tradable sectors of the major trade partner countries. Exposures to foreign long-term climate change risks reduce the asset price valuations of the tradable sectors at home. As a result, climate adaptation efforts in one country can have a positive impact on macro-financial performance and stability in other countries through international trade.
Author: Bernard M. Hoekman Publisher: ISBN: Category : Economic policy Languages : en Pages : 0
Book Description
Assessing the effects of subsidies is complicated, given the need to consider linkages within and across supply chain networks. A precondition for determining whether existing WTO disciplines on subsidies are adequate is better information and more empirical research on the extent to which negative international spillovers are created by prevailing policies. Many of the policies that affect supply chain operations are not considered subsidies under the WTO. There are no rules on subsidies for services or investment incentives. Conversely, some WTO rules may not be appropriate or effective given the increasing prevalence of value chains. There is an urgent need for policy analysis to determine how existing WTO disciplines impact on value chain s and whether and how large the negative spillovers are of national policies. A necessary condition for any such determination is much better data on the measures that are employed by governments around the world, both at the central and sub-central levels.
Author: Juan Camilo Serpa Publisher: ISBN: Category : Languages : en Pages :
Book Description
Firms in a vertical relationship are likely to affect each other's productivity. But exactly how does productivity spill over across this type of relationship (i.e. through which mechanisms)? And how does the relative importance of these mechanisms depend on the structure of the supply chain? To answer these questions, we decompose the channels of upstream productivity spillovers -- from customers to suppliers -- across 22,500 supply chain dyads. We find that the “endogenous channel” (i.e. the effect of the customer's own productivity on the supplier's productivity) is by far the most important source of spillovers. This is especially true if: (i) the supplier has a concentrated customer base; (ii) the supplier and the customer have similar operational characteristics; and (iii) the relationship has medium maturity. In the converse scenarios, we find, it is more important to have a partner with a portfolio of favorable “contextual” characteristics (high inventory turnover, financial liquidity, and asset turnover) than to have a productive partner.
Author: Madhuri Saripalle
Author: Madhuri Saripalle
Author: Shu-Miao Lai
Author: Selim Elekdag
Author: Alan Feng
Author: Bernard Hoekman
Author: Olov Isaksson
Author: Diego A. Cerdeiro
Author: Alan Feng
Author: Bernard M. Hoekman
Author: Juan Camilo Serpa