IDEAS home Printed from https://ideas.repec.org/a/nea/journl/y2023i60p180-187.html
   My bibliography  Save this article

Resilience of Russian firms in value chains to the sanction shock

Author

Listed:
  • Fedyunina, A.

    (HSE University, Moscow, Russia)

  • Simachev, Yu.

    (HSE University, Moscow, Russia)

Abstract

This article examines the determinants of resilience for Russian manufacturing firms in value chains during the 2022 sanction shock. The study identifies factors related to static and dynamic (measures taken in 2022) resilience. The resilience of firms in value chains is signifi cantly influenced by the presence of digital technologies, which, through various channels, impact revenue growth and market share expansion during sanction shocks. While international competitiveness alone is insufficient for ensuring resilience, factors enabling dynamic adaptation are necessary. The study does not establish that companies in global chains are inherently more resilient; however, such companies exhibit higher dynamic resilience by actively reconfiguring supply chains. It is shown that not all dynamic adaptation factors (i. e., measures taken) unequivocally contribute to ensuring firm resilience. Measures aimed at changing technology providers and reorganizing operations were particularly ambiguous in terms of their impact on resilience.

Suggested Citation

  • Fedyunina, A. & Simachev, Yu., 2023. "Resilience of Russian firms in value chains to the sanction shock," Journal of the New Economic Association, New Economic Association, vol. 60(3), pages 180-187.
    • Handle: RePEc:nea:journl:y:2023:i:60:p:180-187
    DOI: 10.31737/22212264_2023_3_180-187
    as

    Download full text from publisher

    File URL: http://www.econorus.org/repec/journl/2023-60-180-187r.pdf
    Download Restriction: no
    File URL: https://libkey.io/10.31737/22212264_2023_3_180-187?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Ivanov, Dmitry & Sokolov, Boris, 2013. "Control and system-theoretic identification of the supply chain dynamics domain for planning, analysis and adaptation of performance under uncertainty," European Journal of Operational Research, Elsevier, vol. 224(2), pages 313-323.
    2. Benjamin R. Tukamuhabwa & Mark Stevenson & Jerry Busby & Marta Zorzini, 2015. "Supply chain resilience: definition, review and theoretical foundations for further study," International Journal of Production Research, Taylor & Francis Journals, vol. 53(18), pages 5592-5623, September.
    3. Chowdhury, Priyabrata & Paul, Sanjoy Kumar & Kaisar, Shahriar & Moktadir, Md. Abdul, 2021. "COVID-19 pandemic related supply chain studies: A systematic review," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 148(C).
    4. Maureen S. Golan & Laura H. Jernegan & Igor Linkov, 2020. "Trends and applications of resilience analytics in supply chain modeling: systematic literature review in the context of the COVID-19 pandemic," Environment Systems and Decisions, Springer, vol. 40(2), pages 222-243, June.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Mohammad Hamzehlou, 2024. "System dynamics model for an agile pharmaceutical supply chain during COVID‑19 pandemic in Iran," PLOS ONE, Public Library of Science, vol. 19(1), pages 1-31, January.
    2. Syed Imran Zaman & Sharfuddin Ahmed Khan & Sahar Qabool & Himanshu Gupta, 2023. "How digitalization in banking improve service supply chain resilience of e-commerce sector? a technological adoption model approach," Operations Management Research, Springer, vol. 16(2), pages 904-930, June.
    3. Dmitry Ivanov, 2022. "Viable supply chain model: integrating agility, resilience and sustainability perspectives—lessons from and thinking beyond the COVID-19 pandemic," Annals of Operations Research, Springer, vol. 319(1), pages 1411-1431, December.
    4. Nishant Agrawal & Mahak Sharma & Rakesh D. Raut & Sachin Kumar Mangla & Sobhan Arisian, 2023. "Supply Chain Flexibility and Post-pandemic Resilience," Global Journal of Flexible Systems Management, Springer;Global Institute of Flexible Systems Management, vol. 24(1), pages 119-138, December.
    5. Sara Alonso-Muñoz & Rocío González-Sánchez & Cristina Siligardi & Fernando E. García-Muiña, 2021. "New Circular Networks in Resilient Supply Chains: An External Capital Perspective," Sustainability, MDPI, vol. 13(11), pages 1-18, May.
    6. Jianlan Zhong & Han Cheng & Fu Jia, 2024. "Supply chain resilience capability factors in agri-food supply chains," Operations Management Research, Springer, vol. 17(3), pages 850-868, September.
    7. Shafiee, Mohammad & Zare-Mehrjerdi, Yahia & Govindan, Kannan & Dastgoshade, Sohaib, 2022. "A causality analysis of risks to perishable product supply chain networks during the COVID-19 outbreak era: An extended DEMATEL method under Pythagorean fuzzy environment," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 163(C).
    8. Mukesh Kumar & Rakesh D. Raut & Mahak Sharma & Vikas Kumar Choubey & Sanjoy Kumar Paul, 2022. "Enablers for resilience and pandemic preparedness in food supply chain," Operations Management Research, Springer, vol. 15(3), pages 1198-1223, December.
    9. Seyedmohsen Hosseini & Dmitry Ivanov, 2022. "A new resilience measure for supply networks with the ripple effect considerations: a Bayesian network approach," Annals of Operations Research, Springer, vol. 319(1), pages 581-607, December.
    10. Qin, Meng & Su, Chi-Wei & Umar, Muhammad & Lobonţ, Oana-Ramona & Manta, Alina Georgiana, 2023. "Are climate and geopolitics the challenges to sustainable development? Novel evidence from the global supply chain," Economic Analysis and Policy, Elsevier, vol. 77(C), pages 748-763.
    11. Vimal K.E.K & Simon Peter Nadeem & Mahadharsan Ravichandran & Manavalan Ethirajan & Jayakrishna Kandasamy, 2022. "Resilience strategies to recover from the cascading ripple effect in a copper supply chain through project management," Operations Management Research, Springer, vol. 15(1), pages 440-460, June.
    12. Jurgita Kuizinaitė & Mangirdas Morkūnas & Artiom Volkov, 2023. "Assessment of the Most Appropriate Measures for Mitigation of Risks in the Agri-Food Supply Chain," Sustainability, MDPI, vol. 15(12), pages 1-18, June.
    13. Jih-Kuang Chen & Tien-Yu Huang, 2022. "The Multi-Level Hierarchical Structure of the Enablers for Supply Chain Resilience Using Cloud Model-DEMATEL–ISM Method," Sustainability, MDPI, vol. 14(19), pages 1-17, September.
    14. Soltanzadeh, Shima & Rafiee, Majid & Weber, Gerhard-Wilhelm, 2024. "Disruption, panic buying, and pricing: A comprehensive game-theoretic exploration," Journal of Retailing and Consumer Services, Elsevier, vol. 78(C).
    15. Jethro Kiers & Jaap Seinhorst & Mirthe Zwanenburg & Klaas Stek, 2022. "Which Strategies and Corresponding Competences Are Needed to Improve Supply Chain Resilience: A COVID-19 Based Review," Logistics, MDPI, vol. 6(1), pages 1-17, February.
    16. Dmitry Ivanov & Boris Sokolov, 2019. "Simultaneous structural–operational control of supply chain dynamics and resilience," Annals of Operations Research, Springer, vol. 283(1), pages 1191-1210, December.
    17. Md Maruf Hossan Chowdhury & Priyabrata Chowdhury & Mohammed Quaddus & Kazi Waziur Rahman & Sakib Shahriar, 2024. "Flexibility in Enhancing Supply Chain Resilience: Developing a Resilience Capability Portfolio in the Event of Severe Disruption," Global Journal of Flexible Systems Management, Springer;Global Institute of Flexible Systems Management, vol. 25(2), pages 395-417, June.
    18. Bo Li, 2024. "A dynamic model of the supply chain resilience cycle: concept mapping using the Cynefin framework," Operations Management Research, Springer, vol. 17(4), pages 1553-1562, December.
    19. Mohammad Nabipour & M. Ali Ülkü, 2021. "On Deploying Blockchain Technologies in Supply Chain Strategies and the COVID-19 Pandemic: A Systematic Literature Review and Research Outlook," Sustainability, MDPI, vol. 13(19), pages 1-32, September.
    20. Furstenau, Leonardo Bertolin & Zani, Carolina & Terra, Stela Xavier & Sott, Michele Kremer & Choo, Kim-Kwang Raymond & Saurin, Tarcisio Abreu, 2022. "Resilience capabilities of healthcare supply chain and supportive digital technologies," Technology in Society, Elsevier, vol. 71(C).

    More about this item

    Keywords

    resilience; value chains; sanctions; Russian economy;
    All these keywords.

    JEL classification:

    • D22 - Microeconomics - - Production and Organizations - - - Firm Behavior: Empirical Analysis
    • L60 - Industrial Organization - - Industry Studies: Manufacturing - - - General

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:nea:journl:y:2023:i:60:p:180-187. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Alexey Tcharykov (email available below). General contact details of provider: https://edirc.repec.org/data/nearuea.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.