Policy Coordination and Supply Chain Resilience

Yiru Dong ()
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Yiru Dong: Soochow University, School of Political Science and Public Administration

A chapter in Proceedings of the 2026 11th International Conference on Financial Innovation and Economic Development (ICFIED 2026), 2026, pp 637-646 from Springer

Abstract: Abstract Against the backdrop of global industrial chain restructuring and frequent policy interventions, the relationship between policy coordination and supply chain resilience has become a central issue in national economic governance. Based on data from Chinese A‑share listed companies from 2017 to 2024, this study constructs a policy coordination index using textual analysis and employs fixed‑effects models along with mediation tests to empirically examine the impact of policy coordination on supply chain resilience and its underlying mechanisms. The results show that policy coordination significantly enhances supply chain resilience, a finding that remains robust after a series of tests. Mechanism analysis indicates that policy coordination strengthens resilience through three pathways: raising total factor productivity, lowering institutional transaction costs, and fostering corporate innovation. Heterogeneity analysis further reveals that this effect is more pronounced in non‑state‑owned enterprises and high‑tech industries. This research provides theoretical and empirical support for shifting the governance focus from “policy accumulation” to “policy coordination,” thereby promoting supply chain security through systematic governance.

Keywords: policy coordination; supply chain resilience; institutional transaction costs; total factor productivity (search for similar items in EconPapers)
Date: 2026
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Persistent link: https://EconPapers.repec.org/RePEc:spr:advbcp:978-94-6239-642-5_63

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DOI: 10.2991/978-94-6239-642-5_63

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