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Global Supply Chain: Towards a Computable General Equilibrium Analysis

Athukorala, Prema-chandra; Dixon, Peter B.; Rimmer, Maureen T.

Description

Economists have analysed GSCs using pure theory, econometrics and input–output calculations. We now need a new type of CGE model to show how GSC trade affects welfare and its distribution between and within nations. The new model must recognise: fragmentation of production; scale economies; intermediate inputs that cross national borders multiple times embodied in products at different stages of completion; and decision-making by global agents. We describe a prototype that incorporates these...[Show more]

CollectionsANU Research Publications
Date published: 2018
Type: Journal article
URI: http://hdl.handle.net/1885/264172
Source: Economic Papers
DOI: 10.1111/1759-3441.12213
Access Rights: Open Access via publisher website

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