Propagation of economic shocks through global supply chains—Evidence from Hurricane Sandy

Yuzuka Kashiwagi*, Yasuyuki Todo, Petr Matous

*Corresponding author for this work

Research output: Contribution to journalArticlepeer-review

1 Citation (Scopus)

Abstract

This study examines whether and how economic shocks from natural disasters propagate through supply chains to regions not directly hit by disasters. Although such propagation has been studied, less attention has been paid to heterogeneity across network characteristics of firms. Focusing on the impacts of a hurricane and using firm-level data for major firms in the world that include supply-chain ties among them, we find evidence of the intra-national propagation of the shock in the United States. Our results further suggest that both input specificity and network density are important determinants of the level of propagation.

Original languageEnglish
Pages (from-to)1186-1220
Number of pages35
JournalReview of International Economics
Volume29
Issue number5
DOIs
Publication statusPublished - 2021 Nov

ASJC Scopus subject areas

  • Geography, Planning and Development
  • Development

Fingerprint

Dive into the research topics of 'Propagation of economic shocks through global supply chains—Evidence from Hurricane Sandy'. Together they form a unique fingerprint.

Cite this