Impact of Supply Chain Disruptions on Economic Growth
Insights From a Major Public Health Crisis
Bibliographic Data
| ID | 13776232 |
|---|---|
| Authors | Hui Jin (0000-0002-6325-031X, Zhanjiang Sci-Tech University, Hangzhou, China, corresponding author), Jiamin Xue (Zhanjiang Sci-Tech University, Hangzhou, China), Kuen‐Lin Lin (Cheng Shiu University), Kuen-Lin Lin (Cheng Shiu University, Kaohsiung, Taiwan), Haochuan Yang (Zhanjiang Sci-Tech University, Hangzhou, China), Zhenyu Zhu (0000-0002-8750-8987, Zhanjiang Sci-Tech University, Hangzhou, China) |
| Year | 2024 |
| Volume | 61 |
| Pages | 469580241266402-469580241266402 |
| Publication date | 2024-01-01 |
| Peer Reviewed | Yes |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | INQUIRY The Journal of Health Care Organization Provision and Financing (JOURNAL) |
| Journal identifiers | ISSN: 0046-9580 • E-ISSN: 1945-7243 |
| Publisher | SAGE Publishing (PUBLISHER • US) |
| DOI | 10.1177/00469580241266402 |
| PMID | 39140132 |
| OpenAlex | W4401590458 |
| Language | EN |
| Citations received | 1 |
| References cited | 41 |
Supply chain disruptions caused by major public health crises will severely impact the economic growth. The main purpose of this paper is to examine the above proposition, taking the strict lockdown policy and supply chain disruption in Hubei Province at the beginning of the COVID-19 epidemic as a case, to provide decision-making reference for the government in supply chain management under major public health crisis. To achieve this goal, this paper firstly measures the supply chain network of Hubei province via the multi-region and multi-sector value-added model; then empirically studies the impact of lockdown policy and supply chain disruption on provincial economic growth, with the monthly data of 31 provinces covering January 2018 to December 2022, by the Difference in Difference method. The results show that: the lockdown policy and supply chain disruption under the Covid-19 epidemic negatively affected provincial economic growth; moreover, supply chain disruptions make provinces closer to Hubei more vulnerable to economic shocks. The results are significant in the placebo test, and are further supported in the robustness test of alternative variables and data. We further discussed the Business Cycle Co-movement between Hubei and other provinces, and the probable impact mechanism of supply chain interruption on economic growth in the Covid-19 epidemic. This study shows that supply chain network plays an important role in the transmission of interregional economic shocks, as well as its importance for economic growth, especially in major public health crises
Business · Coronavirus disease 2019 (COVID-19 · Economic impact analysis · Economics · Government (linguistics · Robustness (evolution · Supply chain · Belt and Road Initiative · COVID-19 Pandemic Impacts · Supply Chain Resilience and Risk Management
Systemic Risk and Stability in Financial Networks
Supply Chain Disruptions
An Epidemic in the Midst of a Pandemic
Supply chain disruption during the Covid-19 pandemic
Input Linkages and the Transmission of Shocks
How the Chinese Government Has Done with Public Health from the Perspective of the Evaluation and Comparison about Public-Health Expenditure
Lived Experiences and Challenges of the Families of Covid-19 Victims
Covid-19
Assessing the Impact of Out-of-Pocket Expenditures for Prevention of Covid-19 Infection on Households
| Unique citing works | 1 |
|---|---|
| Citations per year | 1 |
| Citation span | 2026 - 2026 (1) |
| Citation velocity | current |
| Highly cited | No |
| Citation types | Neutral: 1 |