IDEAS home Printed from https://ideas.repec.org/a/ebl/ecbull/eb-23-00265.html
   My bibliography  Save this article

Vulnerability and resilience: crisis transmission channels for GVCs in COVID times

Author

Listed:
  • Amirah El-Haddad

    (German Institute of Development and Sustainability (IDOS), Cairo University and ERF)

  • Chahir Zaki

    (University of University of Orléans and Laboratoire d''Economie d''Orléans)

Abstract

Firms that are part of GVCs are better protected from the transmission channels for the negative effects of COVID-19. They also show greater resilience and so better performance. There are nuances in the results depending on whether GVC affiliation is defined in a moderately lax or strict way. The results highlight the detrimental effect of the global trend toward inward looking protectionism.

Suggested Citation

  • Amirah El-Haddad & Chahir Zaki, 2023. "Vulnerability and resilience: crisis transmission channels for GVCs in COVID times," Economics Bulletin, AccessEcon, vol. 43(4), pages 1581-1592.
    • Handle: RePEc:ebl:ecbull:eb-23-00265
    as

    Download full text from publisher

    File URL: http://www.accessecon.com/Pubs/EB/2023/Volume43/EB-23-V43-I4-P137.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Simon J Evenett, 2019. "Protectionism, state discrimination, and international business since the onset of the Global Financial Crisis," Journal of International Business Policy, Palgrave Macmillan, vol. 2(1), pages 9-36, March.
    2. Marion Dovis & Chahir Zaki, 2020. "Global Value Chains and Local Business Environments: Which Factors Really Matter in Developing Countries?," Review of Industrial Organization, Springer;The Industrial Organization Society, vol. 57(2), pages 481-513, September.
    3. Alexandre Dolgui & Dmitry Ivanov & Boris Sokolov, 2018. "Ripple effect in the supply chain: an analysis and recent literature," International Journal of Production Research, Taylor & Francis Journals, vol. 56(1-2), pages 414-430, January.
    4. Cristina Castelli & Massimo Florio & Anna Giunta, 2011. "How to cope with the global value chain: lessons from Italian automotive suppliers," International Journal of Automotive Technology and Management, Inderscience Enterprises Ltd, vol. 11(3), pages 236-253.
    5. Muhammad Ullah & Muhammad Zahid & Syed Muhammad All-E-Raza Rizvi & Qazi Ghulam Mustafa Qureshi & Farman Ali, 2022. "Do green supply chain management practices improve organizational resilience during the COVID-19 crisis? A survival analysis of global firms," Post-Print hal-04102739, HAL.
    6. Sébastien Miroudot & Håkan Nordström, 2020. "Made in the World? Global Value Chains in the Midst of Rising Protectionism," Review of Industrial Organization, Springer;The Industrial Organization Society, vol. 57(2), pages 195-222, September.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Sergio Mariotti, 2022. "A warning from the Russian–Ukrainian war: avoiding a future that rhymes with the past," Economia e Politica Industriale: Journal of Industrial and Business Economics, Springer;Associazione Amici di Economia e Politica Industriale, vol. 49(4), pages 761-782, December.
    2. Jaime de Melo & Jean-Marc Solleder, 2022. "Patterns and Correlates of Supply Chain Trade in MENA and SSA," Working Papers hal-03649085, HAL.
    3. Gopalan, Sasidaran & Reddy, Ketan & Sasidharan, Subash, 2022. "Does digitalization spur global value chain participation? Firm-level evidence from emerging markets," Information Economics and Policy, Elsevier, vol. 59(C).
    4. Muhammad Rahies Khan & Amir Manzoor, 2021. "Application and Impact of New Technologies in the Supply Chain Management During COVID-19 Pandemic: A Systematic Literature Review," International Journal of Economics & Business Administration (IJEBA), International Journal of Economics & Business Administration (IJEBA), vol. 0(2), pages 277-292.
    5. Evgeny N. Smirnov & Sergey A. Lukyanov, 2021. "Instability of international trade and approaches to optimal regulation," Upravlenets, Ural State University of Economics, vol. 12(5), pages 21-31, November.
    6. Emanuele Bacchiocchi & Massimo Florio & Anna Giunta, 2012. "Internationalisation and the agglomeration effect in the global value chain: the case of Italian automotive suppliers," International Journal of Technological Learning, Innovation and Development, Inderscience Enterprises Ltd, vol. 5(3), pages 267-290.
    7. Dmitry Ivanov, 2022. "Viable supply chain model: integrating agility, resilience and sustainability perspectives—lessons from and thinking beyond the COVID-19 pandemic," Annals of Operations Research, Springer, vol. 319(1), pages 1411-1431, December.
    8. Mahdi Ghodsi & Robert Stehrer, 2022. "Trade policy and global value chains: tariffs versus non-tariff measures," Review of World Economics (Weltwirtschaftliches Archiv), Springer;Institut für Weltwirtschaft (Kiel Institute for the World Economy), vol. 158(3), pages 887-916, August.
    9. Antonio Zavala-Alcívar & María-José Verdecho & Juan-José Alfaro-Saiz, 2020. "A Conceptual Framework to Manage Resilience and Increase Sustainability in the Supply Chain," Sustainability, MDPI, vol. 12(16), pages 1-38, August.
    10. Vincent FRIGANT & Stéphanie PERES & Stéphane VIROL, 2012. "How do SMEs to rise at the top of the supply chain? An econometric exploration of the French auto industry (In French)," Cahiers du GREThA (2007-2019) 2012-16, Groupe de Recherche en Economie Théorique et Appliquée (GREThA).
    11. Yi Zheng & Li Liu & Victor Shi & Wenxing Huang & Jianxiu Liao, 2022. "A Resilience Analysis of a Medical Mask Supply Chain during the COVID-19 Pandemic: A Simulation Modeling Approach," IJERPH, MDPI, vol. 19(13), pages 1-21, June.
    12. Vincent FRIGANT & Stéphane MIOLLAN, 2014. "La restructuration de la géographie de l’industrie automobile en Europe durant les années 2000," Cahiers du GREThA (2007-2019) 2014-02, Groupe de Recherche en Economie Théorique et Appliquée (GREThA).
    13. Ajide, Folorunsho M. & Sakariyahu, Rilwan & Lawal, Rodiat & Etudaiye-Muhtar, Oyebola Fatima & Johan, Sofia, 2023. "Mobile money innovation and global value chain participation: Evidence from developing countries," Finance Research Letters, Elsevier, vol. 58(PD).
    14. Maureen S. Golan & Laura H. Jernegan & Igor Linkov, 2020. "Trends and applications of resilience analytics in supply chain modeling: systematic literature review in the context of the COVID-19 pandemic," Environment Systems and Decisions, Springer, vol. 40(2), pages 222-243, June.
    15. Qing Qin & Churen Sun, 2023. "Empirical Research on the Impact of China’s Overseas Economic and Trade Cooperation Zones on the Development of Host Countries in the Global Value Chain," Sustainability, MDPI, vol. 15(6), pages 1-24, March.
    16. Sisi Zhou & Kuanching Li & Lijun Xiao & Jiahong Cai & Wei Liang & Arcangelo Castiglione, 2023. "A Systematic Review of Consensus Mechanisms in Blockchain," Mathematics, MDPI, vol. 11(10), pages 1-27, May.
    17. Holger Breinlich & Elsa Leromain & Dennis Novy & Thomas Sampson, 2019. "Exchange rates and consumer prices: evidence from Brexit," CEP Discussion Papers dp1667, Centre for Economic Performance, LSE.
    18. Cappariello, Rita & Franco-Bedoya, Sebastian & Gunnella, Vanessa & Ottaviano, Gianmarco I. P., 2020. "Rising protectionism and global value chains: quantifying the general equilibrium effects," LSE Research Online Documents on Economics 108423, London School of Economics and Political Science, LSE Library.
    19. Vincent Frigant & Stéphane Miollan, 2014. "The Geographical Restructuring of the European Automobile Industry in the 2000s," Working Papers hal-02150630, HAL.
    20. Agnihotri, Arpita & Bhattacharya, Saurabh & Jafari-Sadeghi, Vahid, 2023. "Combatting global disruption through tertius iungens orientation of CEOs: A moderated-mediated mechanism," Journal of International Management, Elsevier, vol. 29(5).

    More about this item

    Keywords

    Global Value Chains (GVC); manufacturing; Egypt; COVID;
    All these keywords.

    JEL classification:

    • F1 - International Economics - - Trade
    • F5 - International Economics - - International Relations, National Security, and International Political Economy

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ebl:ecbull:eb-23-00265. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: John P. Conley (email available below). General contact details of provider: .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.