Building resilient supply chains

28 April 2022

Professor Vasco Carvalho's research on Production Networks, has been extensively quoted in the 2022 Economic Report of the US President, on 'Building Resilient Supply Chains'.



His research is used to describe the evolution of the supply chain and discusses the market failures associated with firms’ increased reliance on outsourcing and offshoring. It then provides examples of Administration proposals that would help to overcome these market failures, strengthening supply chains’ resilience and innovation.

 

Related papers:

From Micro to Macro via Production Networks, Carvalho, V. (2014) Journal of Economic Perspectives, 28, no. 4.

Production Networks: A Primer, Carvalho, V., and Tahbaz-Salehi, A. (2019) Annual Review of Economics 11: 635–63.

 

Figure 6-3. The Production Network Corresponding to U.S. Input-Output Data in 2002

 

Read full 2022 Economic Report of the US President

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Firm Supply Chains