Supply chain disruptions and firm outcomes / Michael Koetter, Huyen Nguyen, Sochima Uzonwanne ; editor: Halle Institute for Economic Research (IWH) - Member of the Leibniz Association
Loading...
Download1.16 MB
Supply chain disruptions and firm outcomes
Discovery
1917169353
URN
urn:nbn:de:gbv:3:2-1125252
DOI
ISBN
ISSN
Koordinaten
Skalierung
dc.contributor.contributor
Other contributor
Publication history
Halle (Saale), Germany : Halle Institute for Economic Research (IWH) - Member of the Leibniz Association, February 2025
Content
1 Online-Ressource (III, 53 Seiten, 1,15 MB) : Diagramme
Edition
Language
eng
Comment
Literaturverzeichnis: Seite 24-28
Abstract
This paper examines how firms’ exposure to supply chain disruptions (SCD) affects firm outcomes in the European Union (EU). Exploiting heterogeneous responses to workplace closures imposed by sourcing countries during the pandemic as a shock to SCD, we provide empirical evidence that firms in industries relying more heavily on foreign inputs experience a significant decline in sales compared to other firms. We document that external finance, particularly bank financing, plays a critical role in mitigating the effects of SCD. Furthermore, we highlight the unique importance of bank loans for small and solvent firms. Our findings also indicate that highly diversified firms and those sourcing inputs from less distant partners are less vulnerable to SCD.
Series
IWH-Diskussionspapiere ; 2025, no. 3 (February 2025) ppn:837399270