Global impacts of the automotive supply chain disruption following the Japanese earthquake of 2011

Valeria, Andreoni and Inaki, Arto and Jose Manuel, Rueda Cantuche (2015) Global impacts of the automotive supply chain disruption following the Japanese earthquake of 2011. Economic Systems Research, 27 (3). pp. 306-323. ISSN 0953-5314

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Official URL: http://www.tandfonline.com/doi/full/10.1080/095353...

Abstract

This paper provides an input-output method to estimate worldwide economic impacts generated by supply chain disruptions. The method is used to analyse global economic effects due to the disruptions in the automotive industry that followed the Japanese earthquake and the consequent tsunami and nuclear crisis of March 2011. By combining a mixed multi-regional input-output model, the World Input-Output Database (WIOD) and data at the factory level, the study quantifies the economic impacts of the disruptions broken down by country and industry. The results show that the global economic effect (in terms of value added) of this disruption amounted to US$139 billion. The most affected (groups of) countries were Japan (39%), the United States (25%), China (8%) and the European Union (7%). The most strongly affected industries were transport equipment (37%), other business activities (10%), basic and fabricated metals (8%), wholesale trade (7%), and financial intermediation (4%).

Item Type: Article
Additional Information and Comments: This is an Accepted Manuscript of an article published by Taylor & Francis in Economic Systems Research on 29/04/2015, available online: http://www.tandfonline.com/doi/full/10.1080/09535314.2015.1034657
Faculty / Department: Faculty of Arts & Humanities > Business School
Depositing User: Valeria Andreoni
Date Deposited: 30 Sep 2016 11:39
Last Modified: 30 Sep 2016 11:39
URI: http://hira.hope.ac.uk/id/eprint/1269

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