An elementary theory of global supply chains by Arnaud Costinot

Cover of: An elementary theory of global supply chains | Arnaud Costinot

Published by National Bureau of Economic Research in Cambridge, MA .

Written in English

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Book details

StatementArnaud Costinot, Jonathan Vogel, Su Wang
SeriesNBER working paper series -- working paper 16936, Working paper series (National Bureau of Economic Research : Online) -- working paper no. 16936.
ContributionsVogel, Jonathan, 1979-, Wang, Su, National Bureau of Economic Research
Classifications
LC ClassificationsHB1
The Physical Object
FormatElectronic resource
ID Numbers
Open LibraryOL24866959M
LC Control Number2011657164

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An Elementary Theory of Global Supply Chains ARNAUD COSTINOT MIT and NBER JONATHAN VOGEL Columbia University and NBER and SU WANG MIT This article develops an elementary theory of global supply chains. We consider a world economy with an arbitrary number of countries, one factor of production, a continuum of intermediate goods and one final good.

An Elementary Theory of Global Supply Chains Arnaud Costinot, Jonathan Vogel, and Su Wang NBER Working Paper No.

April JEL An elementary theory of global supply chains book. F1 ABSTRACT This paper develops an elementary theory of global supply chains. We consider a world economy with an arbitrary number of countries, one factor of production, a continuum of intermediate goods.

An Elementary Theory of Global Supply Chains Arnaud Costinot, Jonathan Vogel, Su Wang. NBER Working Paper No. Issued in April NBER Program(s):International Trade and Investment. This paper develops an elementary theory of global supply chains.

We consider a world economy with an arbitrary number of countries, one factor of production Cited by: This paper develops an elementary theory of global supply chains. We consider a world economy with an arbitrary number of countries, one factor of production, a continuum of intermediate goods, and one –nal good.

Production of the –nal good is sequential and subject to mistakes. In the unique free trade equilibrium, countries. This paper develops an elementary theory of global supply chains.

We consider a world economy with an arbitrary number of countries, one factor of production, a continuum of intermediate goods, and one final good. Production of the final Cited by: This paper develops an elementary theory of global supply chains.

In spite of its simplicity, our theory is consistent with a number of stylized facts and able to deliver a rich set of predictions regarding how vertical specialization shapes the interdependence of nations. Among other things, our analysis predicts that poor countries have higher shares of primary production and assembly in.

An Elementary Theory of Global Supply Chains Econ Paper Summary Wanzhu Zhang Ma 1 Introduction Most production processes consist of a large number of sequential stages, and they increas-ingly involve global supply chains spanning multiple countries, with each country specializing in particular stages of a good’s production.

Downloadable (with restrictions). This article develops an elementary theory of global supply chains. We consider a world economy with an arbitrary number of countries, one factor of production, a continuum of intermediate goods and one final good.

Production of the final good is sequential and subject to mistakes. In the unique free trade equilibrium, countries with lower probabilities of. An Elementary Theory of Global Supply Chains.

By Arnaud Costinot, Jonathan E. Vogel and Su Wang. Get PDF ( KB) Abstract. This paper develops an elementary theory of global supply chains. We consider a world economy with an arbitrary number of countries, one factor of production, a continuum of intermediate goods, and one final good.

Our elementary theory of global supply chains is special along several dimensions. First, all intermediate goods are freely traded. Second, production is purely sequential. Third, mistakes are perfectly observable. Fourth, labor and intermediate goods are assumed to be perfect complements and all stages of production are subject to the same.

An elementary theory of global supply chains A simple trade model with sequential production: Multiple countries, one factor of production (labor), and one –nal good Production of –nal good requires a continuum of intermediate stages Each stage uses labor and intermediate good from previous stage.

Get this from a library. An elementary theory of global supply chains. [Arnaud Costinot; Jonathan Vogel; Su Wang; National Bureau of Economic Research.] -- This paper develops an elementary theory of global supply chains.

We consider a world economy with an arbitrary number of countries, one factor of production, a continuum of intermediate goods, and.

An Elementary Theory of Global Supply Chains. Arnaud Costinot, Jonathan Vogel and Su Wang. Review of Economic Studies,vol. 80, issue 1, Abstract: This article develops an elementary theory of global supply chains. We consider a world economy with an arbitrary number of countries, one factor of production, a continuum of.

2 Global Supply Chain Operations 17 Global Business Environment 17 Strategic Challenges 19 How Global Supply Chains Responded 23 Current Trends in Global SCM 27 3 Supply Chain Design and Planning 30 Supply Chain Configuration 30 Extent of Vertical Integration 32 TMP PRODCTIO GR cs ACCCTR booboon 1 6 4 This article develops an elementary theory of global supply chains.

We consider a world economy with an arbitrary number of countries, one factor of production, a continuum of intermediate goods and one final good. Production of the final good is sequential and subject to mistakes. Global supply chain management model the goal is to maximize profit through enhanced competitiveness in the final world markets – a competitiveness that is achieved by a lower cost to serve.

In so doing, it represents an important addition to the management literature on corporate social responsibility in global supply chains – which is highly topical at a time when companies are increasingly aware of the social and environmental aspects of global sourcing.

Book Title Agency Theory and Sustainability in the Global Supply. ow Global Supply Chains Responded H 23 urrent Trends in Global SCM C 27 3upply Chain Design and Planning S 30 e book is particularly suitable for those readers who may have come across the subject anecdotally but the concept and theory of business management have undergone profound changes and.

CiteSeerX - Document Details (Isaac Councill, Lee Giles, Pradeep Teregowda): This article develops an elementary theory of global supply chains. We consider a world economy with an arbitrary number of countries, one factor of production, a continuum of intermediate goods and one final good.

Production of the final good is sequential and subject to mistakes. View Costinot et al. () - An elementary theory of global supply from SUPPLY CHA 12 at University of Central Punjab, Lahore. Review of Economic Studies () In book: Handbook of Research on Global Supply Chain Management (pp) This chapter aims to develop a holistic framework of supply chain management (SCM) through extensive and critical.

Costinot A, Vogel J, Wang S () An elementary theory of global supply chains. Rev Econ Stud 80(1)– MathSciNet CrossRef Google Scholar Coyle JJ, Langley Jr CJ, Novack RA, Gibson B () Administración de la cadena de suministro: una perspectiva logística Google Scholar.

Khanna wants to use the global supply chain to explain the world. ­However, the McKinsey Global Institute reports that global flows as a percentage of. Supply chain management, rapidly-advancing and growing ever more important in the global business climate, requires an intense understanding of both underlying principles and practical techniques.

Including both a broad overview of supply chain management and real-world examples of SCM in companies ranging from small to large, this book provides students with both the foundational material. Comprehensively teaches the fundamentals of supply chain theory This book presents the methodology and foundations of supply chain management and also demonstrates how recent developments build upon classic models.

The authors focus on strategic, tactical, and operational aspects of supply chain management and cover a broad range of topics from forecasting, inventory. An Elementary Theory of Global Supply Chains}, year = {}} Share.

OpenURL. Abstract. conference. Costinot thanks the Alfred P. Sloan foundation. supply chain organization needs people who can put theory into practice and turn ideas into reality. So I hope this post will be a good resource for your future career endeavors.

Thanks to the book’s use of real-life examples, readers will learn how agency theory can help improve relationship management and address the major issues in sustainable global sourcing. Keywords Sustainability Agency theory Corporate social responsibility CSR Supply chain management Joint audit cooperation (JAC) Global supply chain Codes of.

The supply chain is not a chain of businesses with one-to-one, business-to-business relationships, but a network of multiple businesses and relationships. The Global Supply Chain Forum has a following definition: “Supply Chain Management is the integration of key businesses processes from end user through original suppliers that provides products.

Supply Chain Risk Management and Resilience; Digital Supply Chain, Smart Operations, and Industry ; Pricing and Revenue-Oriented Capacity Allocation; On this website you will find a lot of up-to-date complementary material for your own use or for deployment in teaching and education.

Supply Chain and Operations Management In everyday life. In so doing, it represents an important addition to the management literature on corporate social responsibility in global supply chains – which is highly topical at a time when companies are increasingly aware of the social and environmental aspects of global sourcing.

After an opening systematic review of the literature on agency theory and. Tage Skjøtt-Larsen, Ph.D., is Professor of Supply Chain Management at Copenhagen Business School, Department of Operations Management, Denmark.

He has published several books in supply chain management including Managing the Global Supply Chain in (with Professor Philip B. Schary) and a number of articles in international journals.

Although Manuj and Mentzer (b) represent a valuable theory-building attempt based on a systematic literature review and empirical data (interviews), it leaves open the possibility that different people/organizations have different opinions and practices with regard to the definition, assessment, and mitigation of global supply chain risks.

theory of supply chain network design. This book would not have been possible with-out this experience. While we cannot thank everyone we worked with, we would like to take the time to acknowledge some of our colleagues. First and foremost, thanks to Derek Nelson for all his modeling and design expertise throughout the years.

“The supply chain is all about four steps: buy—make—move—fulfill.” ― Steven J. Bowen, Total Value Optimization: Transforming Your Global Supply Chain Into a Competitive Weapon. mental parts of category theory. A ‘further reading’ section points to suitable follow-on texts. There are two things that every reader should know about this book.

One concerns the examples, and the other is about the exercises. Each new concept is illustrated with a generous supply of examples, but it is not necessary to understand them all.

Introduction to Supply-Chain Optimization 1 OVERVIEW Supply Chains. The supply chains of large corporations involve hundreds of facilities (retail-ers, distributors, plants and suppliers) that are globally distributed and involve thousands of parts and products.

As one example, one auto manufacturer has 12 thousand suppliers, 70 plants. Author(s)/Editor(s) Biography Dr. Ehap Sabri is a widely-recognized digital supply chain strategy expert, business professor, lean six sigma master black belt, author, and editor with 20 years of experience.

A seasoned expert and a unique blend in eminence strategy development, end-to-end supply chain management, digital business transformation programs, segmentation, inventory strategy, S&OP. Figure 2. Simple model of GSCM. Application of environmental management principles to the entire set of activities across the whole customer order cycle, including, design, procurement, manufacturing and assembly, packaging, logistics and distribution [].

Integrating environmental thinking into supply chain management, including ecological design of products, purchasing green materials. "Supply Chain Technology" boxes appear throughout the text, helping students relate technological developments to supply chain management concepts and logistics practices while taking in consideration global changes.

Short Cases at the end of each chapter are updated and build on what students have learned in the chapter. Comprehensively teaches the fundamentals of supply chain theory. This book presents the methodology and foundations of supply chain management and also demonstrates how recent developments build upon classic models.

The authors focus on strategic, tactical, and operational aspects of supply chain management and cover a broad range of topics. As the global economy moved into the 21st Century, logistics became a critical part of supply chain management and consumer demand.

In less than two decades, logistics management has influenced product movement to meet or exceed consumer demand. Companies saw they could lower costs and increase productivity by managing logistics on a system.New research on supply chains from Harvard Business School faculty on issues including supply chain management, digital supply chains, and improving global supply chains.

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