Supply chain diversification strengthens resilience to adverse trade shocks but comes at the cost of efficiency. We develop a trade model with supply chain rigidities to quantify this trade-off and show that targeted policies can ease it.
Monday, Oct 13, 2025 | 05:00 PM - 05:25 PM
Location: Meeting Halls A&B HQ1-3-430A&B
Supply chain diversification strengthens resilience to adverse trade shocks but comes at the cost of efficiency. We develop a trade model with supply chain rigidities to quantify this trade-off and show that targeted policies can ease it.