When tariffs disrupt global supply chains (Record no. 133304)

MARC details
000 -LEADER
fixed length control field 01182nam a22001337a 4500
008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION
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100 ## - MAIN ENTRY--PERSONAL NAME
Personal name Grossman, Gene M
-- Helpman, Elhana
-- Redding, Stephen J
245 ## - TITLE STATEMENT
Title When tariffs disrupt global supply chains
260 ## - PUBLICATION, DISTRIBUTION, ETC.
Name of publisher, distributor, etc. American Economic Review
Date of publication, distribution, etc. April, 2024
520 ## - Abstract
Abstract We study unanticipated tariffs in a setting with firm-to-firm supply relationships. Firms conduct costly searches and negotiate with potential suppliers that pass a reservation level of match productivity. Global supply chains form in anticipation of free trade. Then, the home government surprises with an input tariff. This can lead to renegotiation with initial suppliers or search for replacements. Calibrating the model's parameters to match initial import shares and the estimated responses to the US tariffs imposed on China, we find an overall welfare loss of 0.12 percent of GDP, with substantial contributions from changes in input sourcing and search costs.
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name entry element Economics;
-- Supply chain;
-- Consumer prices;
-- Global supply;
-- Match productivity
856 ## - ELECTRONIC LOCATION AND ACCESS
Uniform Resource Identifier <a href="https://www.aeaweb.org/articles?id=10.1257/aer.20211519">https://www.aeaweb.org/articles?id=10.1257/aer.20211519</a>
942 ## - ADDED ENTRY ELEMENTS (KOHA)
Koha item type Article Index
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM
-- 118944
Holdings
Withdrawn status Lost status Source of classification or shelving scheme Damaged status Not for loan Home library Current library Date acquired Serial Enumeration / chronology Total Checkouts Barcode Date last seen Price effective from Koha item type
    Dewey Decimal Classification     Dr VKRV Rao Library Dr VKRV Rao Library 11/06/2024 Vol.114, No.4   AI19 11/06/2024 11/06/2024 Article Index