Volatility Spillover Along The Supply Chains
DOWNLOAD
Download Volatility Spillover Along The Supply Chains PDF/ePub or read online books in Mobi eBooks. Click Download or Read Online button to get Volatility Spillover Along The Supply Chains book now. This website allows unlimited access to, at the time of writing, more than 1.5 million titles, including hundreds of thousands of titles in various foreign languages. If the content not found or just blank you must refresh this page
Volatility Spillover Along The Supply Chains
DOWNLOAD
Author : Theo Berger
language : en
Publisher:
Release Date : 2020
Volatility Spillover Along The Supply Chains written by Theo Berger and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020 with categories.
We introduce a financial network approach to quantify the impact of counterparty risk on firms' daily market risk, measured via conditional volatility. Translating conditional volatility into a value-at-risk (VaR) framework allows us to identify extreme losses beyond an estimated loss limit and to determine volatile market regimes. We find that suppliers are exposed to additional fundamental risks that are not captured by their market beta, and these get transferred along supply chains. The identified risk spillover affects both the coverage and the quality of suppliers' market risk assessments. If customers experience large losses beyond their individual VaR limit, suppliers' variance forecasts increase by (up to) 1%, and the probability of suppliers' extreme losses doubles the next day.
Upstream Volatility In The Supply Chain
DOWNLOAD
Author : Edward G. Anderson
language : en
Publisher:
Release Date : 2011
Upstream Volatility In The Supply Chain written by Edward G. Anderson and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2011 with categories.
Cyclicality is a well-known and accepted fact of life in market-driven economies. Less well known or understood, however, is the phenomenon of amplification as one looks “upstream” in the industrial supply chain. We examine the amplification phenomenon and its implications through the lens of one upstream industry that is notorious for the intensity of the business cycles it faces: the machine tool industry. Amplification of demand volatility in capital equipment supply chains, e.g., machine tools, is particularly large relative to that seen in distribution and component parts supply chains. We present a system dynamics simulation model to capture demand volatility amplification in capital supply chains. We explore the lead-time, inventory, production, productivity, and staffing implications of these dynamic forces. Several results stand out. First, volatility hurts productivity and lowers average worker experience. Second, even though machine tool builders can do little to reduce the volatility in their order streams through choice of forecast rule, a smoother forecasting policy will lead companies to retain more of their skilled work force. This retention of skilled employees is often cited as one of the advantages that European and Japanese companies have had relative to their U.S. competitors. Our results suggest some insights for supply chain design and management: downstream customers can do a great deal to reduce the volatility for upstream suppliers through their choice of order forecast rule. In particular, companies that use smoother forecasting policies tend to impose less of their own volatility upon their supply base and may consequently enjoy system-wide cost reduction.
Exchange Rate Volatility And Global Food Supply Chains
DOWNLOAD
Author : Sandro Steinbach
language : en
Publisher:
Release Date : 2021
Exchange Rate Volatility And Global Food Supply Chains written by Sandro Steinbach and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021 with categories.
This paper analyzes the impact of exchange rate risk on global food supply chains. Although the theoretical literature suggests ambivalence regarding the sign and magnitude of this effect, most empirical studies indicate a negative association between exchange rate volatility and international trade flows. I contribute to the ongoing debate by investigating the relationship at the product-level using a sectoral gravity model and relying on detailed retrospective trade and exchange rate data for a balanced panel of 159 countries for 2001 to 2017. I study the relationship for 781 agricultural and food products and estimate the trade effects of short-run and long-run exchange rate volatility. My findings indicate significant heterogeneity in the trade effects of exchange rate risk. While the mean trade effects are positive for short-run and long-run volatility, these effects vary substantially according to product and industry characteristics. I find a positive association between exchange rate volatility and the trade effects for upstreamness and a negative association for downstreamness of the traded products. I show that the significant and adverse trade effects in earlier studies result from model misspecification and measurement errors. This research enhances the understanding of the implications of exchange rate volatility which is a primary source of international risk exposure for global food supply chains.
Supply Spillovers During The Pandemic Evidence From High Frequency Shipping Data
DOWNLOAD
Author : Diego A. Cerdeiro
language : en
Publisher: INTERNATIONAL MONETARY FUND
Release Date : 2020-12-18
Supply Spillovers During The Pandemic Evidence From High Frequency Shipping Data written by Diego A. Cerdeiro and has been published by INTERNATIONAL MONETARY FUND this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020-12-18 with Business & Economics categories.
World trade contracted dramatically during the global economic crisis induced by the COVID-19 pandemic. Disruptions in international supply chains were widely reported as governments imposed containment measures (lockdowns) to halt the spread of the disease. At the same time, demand declined as households and firms scaled back spending. This paper attempts to disentangle the supply and demand channels in trade by quantifying the causal effect of supply spillovers from lockdowns. We utilize a novel dataset of daily bilateral seaborne trade, and design a shift-share identification strategy that leverages geography-induced cargo delivery lags to track the transmission of supply disruptions across space. We find strong but short-lived supply spillovers of lockdowns through international trade. Moreover, the evidence is suggestive of the downstream propagation of countries’ lockdowns through global supply chains.
Critical Energy Minerals A Material Enabler For Carbon Neutrality
DOWNLOAD
Author : Xiangyun Gao
language : en
Publisher: Frontiers Media SA
Release Date : 2024-04-09
Critical Energy Minerals A Material Enabler For Carbon Neutrality written by Xiangyun Gao and has been published by Frontiers Media SA this book supported file pdf, txt, epub, kindle and other format this book has been release on 2024-04-09 with Technology & Engineering categories.
In line with the Paris Agreement, the global community has committed to holding the rise in global temperatures below 1.5 °C pre-industrial levels. At COP26, held recently in Glasgow, participating parties are expected to strengthen their commitment to ambitious 2030 emissions reduction targets to achieve net-zero emissions by the middle of the 21st century. Achieving these ambitious climate goals requires all countries to phase out coal consumption, speed up electrification of transport technologies and mobilize significant investment in renewable energy technologies.
Geopolitics Supply Chains And International Relations In East Asia
DOWNLOAD
Author : Etel Solingen
language : en
Publisher: Cambridge University Press
Release Date : 2021-05-06
Geopolitics Supply Chains And International Relations In East Asia written by Etel Solingen and has been published by Cambridge University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-05-06 with Business & Economics categories.
An accessible overview of political, economic, and strategic dimensions of global supply chains in a changing global political economy.
Supply Chain Disruptions
DOWNLOAD
Author : Haresh Gurnani
language : en
Publisher: Springer Science & Business Media
Release Date : 2011-09-28
Supply Chain Disruptions written by Haresh Gurnani and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2011-09-28 with Technology & Engineering categories.
One of the most critical issues facing supply chain managers in today’s globalized and highly uncertain business environments is how to deal proactively with disruptions that might affect the complicated supply networks characterizing modern enterprises. Supply Chain Disruptions: Theory and Practice of Managing Risk presents a state-of the-art perspective on this particular issue. Supply Chain Disruptions: Theory and Practice of Managing Risk demonstrates that effective management of supply disruptions necessitates both strategic and tactical measures – the former involving optimal design of supply networks; the latter involving inventory, finance and demand management. It shows that managers ought to use all available levers at their disposal throughout the supply network – like sourcing and pricing strategies, providing financial subsidies, encouraging information sharing and incentive alignment between supply chain partners – in order to tackle supply disruptions. The editors combine up-to-date academic research with the latest operational risk management practices used in industry to demonstrate how theoreticians and practitioners can learn from each other. As well as providing a wealth of knowledge for students and professors who are interested in pursuing research or teaching courses in the rapidly growing area of supply chain risk management, Supply Chain Disruptions: Theory and Practice of Managing Risk also acts as a ready reference for practitioners who are interested in understanding the theoretical underpinnings of effective supply disruption management techniques.
Operations Research Proceedings 2022
DOWNLOAD
Author : Oliver Grothe
language : en
Publisher: Springer Nature
Release Date : 2023-09-30
Operations Research Proceedings 2022 written by Oliver Grothe and has been published by Springer Nature this book supported file pdf, txt, epub, kindle and other format this book has been release on 2023-09-30 with Business & Economics categories.
This book gathers a selection of peer-reviewed papers presented at the International Conference on Operations Research (OR 2022), which was held at Karlsruhe Institute of Technology, Germany, on September 6-9, 2022. KIT’s Institute for Operations Research (IOR) hosted the conference together with the Institute for Industrial Production (IIP), the Institute for Automation and Applied Informatics (IAI), and the Institute for Material Handling and Logistics (IFL). The respective papers discuss classical mathematical optimization, statistics and simulation techniques. These are complemented by computer science methods, and by tools for processing data, designing and implementing information systems. The book also examines recent advances in information technology, which allow big data volumes to be processed and enable real-time predictive and prescriptive business analytics to drive decisions and actions. Lastly, it includes problems modeled and treated while taking into account uncertainty, risk management, behavioral issues, etc.
Networks In Finance
DOWNLOAD
Author : Franklin Allen
language : en
Publisher:
Release Date : 2009
Networks In Finance written by Franklin Allen and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2009 with categories.
This is the eBook version of the printed book. If the print book includes a CD-ROM, this content is not included within the eBook version. Modern financial systems exhibit a high degree of interdependence, with connections.
Agricultural Markets Instability
DOWNLOAD
Author : Alberto Garrido
language : en
Publisher: Routledge
Release Date : 2016-01-08
Agricultural Markets Instability written by Alberto Garrido and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016-01-08 with Business & Economics categories.
Since the financial and food price crises of 2007, market instability has been a topic of major concern to agricultural economists and policy professionals. This volume provides an overview of the key issues surrounding food prices volatility, focusing primarily on drivers, long-term implications of volatility and its impacts on food chains and consumers. The book explores which factors and drivers are volatility-increasing and which others are price level-increasing, and whether these two distinctive effects can be identified and measured. It considers the extent to which increasing instability affects agents in the value chain, as well as the actual impacts on the most vulnerable households in the EU and in selected developing countries. It also analyses which policies are more effective to avert and mitigate the effects of instability. Developed from the work of the European-based ULYSSES project, the book synthesises the most recent literature on the topic and presents the views of practitioners, businesses, NGOs and farmers' organizations. It draws policy responses and recommendations for policy makers at both European and on international levels.