Global supply chain shifting: A macro sense of production relocation based on multi-regional input-output table

Xiao-mei Fan and Hong-guang Liu

Economic Modelling, 2021, vol. 94, issue C, 672-680

Abstract: The spatial pattern of global industrial trade has gradually changed since the global financial crisis of 2008. Using a multi-regional input-output table, this paper presents a measurement model of global supply chain shifting to capture the macro production relocation (MPR) between major countries and regions from 2000 to 2014. Results show that: 1) although China is still the world’s largest net exporter, the scale of manufacturing relocation to the country has slowed significantly; 2) the European Union (EU), the United States (US), and India have gradually become the world’s major production relocation destinations, dominated by the service industry; and 3) the extractive industry has begun to shift to developed regions, such as the US and the EU.

Keywords: Supply chain; Production relocation; Multi-regional input-output table; Global (search for similar items in EconPapers)
Date: 2021
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Citations: View citations in EconPapers (6)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:ecmode:v:94:y:2021:i:c:p:672-680

DOI: 10.1016/j.econmod.2020.02.009

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