| 来源类型 | Discussion paper
|
| 规范类型 | 论文
|
| 来源ID | DP9103
|
| DP9103 Global supply chains: Why they emerged, why they matter, and where they are going |
| Richard Baldwin
|
| 发表日期 | 2012-08-26
|
| 出版年 | 2012
|
| 语种 | 英语
|
| 摘要 | Global supply chains (GSCs) are transforming the world. This paper explores why they emerged, why they are significant and future directions they are likely to take along with some implications for policy. After putting global supply chains into an historical perspective, the paper presents an economic framework for understanding the functional and geographical unbundling of production. The fundamental trade off in supply chain fractionalisation is between specialisation gains and coordination costs. The key trade-off in supply chain dispersion is between dispersion and agglomeration forces. Supply-chain trade should be not viewed as standard trade in parts and components rather than final goods. Production sharing has linked cross-border flows of goods, investment, services, know-how and people in novel ways. The paper suggest that future of global supply chains will be influenced by: 1) improvements in coordination technology that lowers the cost of functional and geographical unbundling, 2) improvements in computer integrated manufacturing that lowers the benefits of specialisation and shifts stages toward greater skill-, capital, and technology-intensity, 3) narrowing of wage gaps that reduces the benefit of North-South offshoring to nations like China, and 4) the price of oil that raises the cost of unbundling. |
| 主题 | International Trade and Regional Economics
|
| 关键词 | Global supply chains
Globalisation
Second unbundling
|
| URL | https://cepr.org/publications/dp9103
|
| 来源智库 | Centre for Economic Policy Research (United Kingdom)
|
| 资源类型 | 智库出版物
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| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/537936
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推荐引用方式
GB/T 7714 |
Richard Baldwin. DP9103 Global supply chains: Why they emerged, why they matter, and where they are going. 2012.
|
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