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Global Supply Chain Disruptions Can Be Seen Anywhere, but Their Costs Are Not the Same Everywhere

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Abstract

Although ubiquitous, supply chain challenges are exerting more cost pressures on the types of businesses concentrated in the Tenth Federal Reserve District. Businesses in the region are less willing or able to adjust the amount of imported goods they purchase even when procurement prices rise precipitously, as they have over the past year.

Suggested Citation

  • Nicholas Sly & Anson Soderbery, 2022. "Global Supply Chain Disruptions Can Be Seen Anywhere, but Their Costs Are Not the Same Everywhere," Economic Bulletin, Federal Reserve Bank of Kansas City, issue January 1, pages 1-4, January.
    • Handle: RePEc:fip:fedkeb:93622
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    File URL: https://www.kansascityfed.org/documents/8584/EconomicBulletin22SlySoderbery0112.pdf
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    References listed on IDEAS

    as
    1. Soderbery, Anson, 2015. "Estimating import supply and demand elasticities: Analysis and implications," Journal of International Economics, Elsevier, vol. 96(1), pages 1-17.
    2. Trenton Herriford & Elizabeth Johnson & Nicholas Sly & Andrew Lee Smith, 2016. "How Does a Rise in International Shipping Costs Affect U.S. Inflation?," Macro Bulletin, Federal Reserve Bank of Kansas City, pages 1-3, December.
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    Cited by:

    1. Lai, Xinfeng & Chen, Zhixiang & Wang, Xin & Chiu, Chun-Hung, 2023. "Risk propagation and mitigation mechanisms of disruption and trade risks for a global production network," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 170(C).

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    More about this item

    Keywords

    Shipping costs; International shipping costs; Supply chain; Freight rates; Imports;
    All these keywords.

    JEL classification:

    • E30 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - General (includes Measurement and Data)
    • E31 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Price Level; Inflation; Deflation
    • F0 - International Economics - - General

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