2015 Fiscal Year Final Research Report
Spatial economics study on the resiliency of global valu chain
| Project/Area Number |
25380299
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| Research Category |
Grant-in-Aid for Scientific Research (C)
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| Allocation Type | Multi-year Fund |
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| Section | 一般 |
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| Research Field |
Economic policy
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| Research Institution | Kobe University |
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Principal Investigator |
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| Co-Investigator(Kenkyū-buntansha) |
FUJITA Masahisa 甲南大学, 学長直属, 特別客員教授 (90281112)
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| Project Period (FY) |
2013-04-01 – 2016-03-31
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| Keywords | 国際供給網 / サプライチェーン / 地域統合 / 市場の失敗 |
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| Outline of Final Research Achievements |
The development of global value chain (GVC) promotes inclusive globalization through incorporating developing countries and regions into industrialization. However, it also exerts negative effect of increasing a vulnerability in GVC-related international trade orinated from stochastic shocks. The first type of shock is the propagation of final demand fluctuations to the upstream of GVC, while amplifying its magnitude, denominated as a bull-whip effect. The second type shock is the supply chain disrution cuased by large-scale natural disasters. Picking-up such a shock will be increased as the GVC will be geographically dispersed and hierarchically more complex. These problems are related with market failures associated with hold-up problems in the industrial organization literature and economies of scale.
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| Free Research Field |
経済政策
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