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Vulnerability and resilience: crisis transmission channels for GVCs in COVID times

Author

Listed:
  • Amirah El-Haddad

    (German Institute of Development and Sustainability (IDOS), Cairo University and ERF)

  • Chahir Zaki

    (University of University of Orléans and Laboratoire d''Economie d''Orléans)

Abstract

Firms that are part of GVCs are better protected from the transmission channels for the negative effects of COVID-19. They also show greater resilience and so better performance. There are nuances in the results depending on whether GVC affiliation is defined in a moderately lax or strict way. The results highlight the detrimental effect of the global trend toward inward looking protectionism.

Suggested Citation

  • Amirah El-Haddad & Chahir Zaki, 2023. "Vulnerability and resilience: crisis transmission channels for GVCs in COVID times," Economics Bulletin, AccessEcon, vol. 43(4), pages 1581-1592.
    • Handle: RePEc:ebl:ecbull:eb-23-00265
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    References listed on IDEAS

    as
    1. Simon J Evenett, 2019. "Protectionism, state discrimination, and international business since the onset of the Global Financial Crisis," Journal of International Business Policy, Palgrave Macmillan, vol. 2(1), pages 9-36, March.
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    3. Marion Dovis & Chahir Zaki, 2020. "Global Value Chains and Local Business Environments: Which Factors Really Matter in Developing Countries?," Review of Industrial Organization, Springer;The Industrial Organization Society, vol. 57(2), pages 481-513, September.
    4. Alexandre Dolgui & Dmitry Ivanov & Boris Sokolov, 2018. "Ripple effect in the supply chain: an analysis and recent literature," International Journal of Production Research, Taylor & Francis Journals, vol. 56(1-2), pages 414-430, January.
    5. Cristina Castelli & Massimo Florio & Anna Giunta, 2011. "How to cope with the global value chain: lessons from Italian automotive suppliers," International Journal of Automotive Technology and Management, Inderscience Enterprises Ltd, vol. 11(3), pages 236-253.
    6. Muhammad Ullah & Muhammad Zahid & Syed Muhammad All-E-Raza Rizvi & Qazi Ghulam Mustafa Qureshi & Farman Ali, 2022. "Do green supply chain management practices improve organizational resilience during the COVID-19 crisis? A survival analysis of global firms," Post-Print hal-04102739, HAL.
    7. Marion Dovis & Chahir Zaki, 2021. "Correction to: Global Value Chains and Local Business Environments: Which Factors Really Matter in Developing Countries?," Review of Industrial Organization, Springer;The Industrial Organization Society, vol. 59(3), pages 561-561, November.
    8. Sébastien Miroudot & Håkan Nordström, 2020. "Made in the World? Global Value Chains in the Midst of Rising Protectionism," Review of Industrial Organization, Springer;The Industrial Organization Society, vol. 57(2), pages 195-222, September.
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    Cited by:

    1. Ezzat, Asmaa & Zaki, Chahir, 2025. "An empirical assessment of the nexus between competition policy and Global Value Chains," Sustainable Global Supply Chains Discussion Papers 6, Research Network Sustainable Global Supply Chains.

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    JEL classification:

    • F1 - International Economics - - Trade
    • F5 - International Economics - - International Relations, National Security, and International Political Economy

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