RETHINK-GSC – Rethinking Global Supply Chains: Measurement, Impact and Policy
Current research studies (work in progress)
Study by: Austrian Institute of Economic Research
Commissioned by: European Commission-Framework Programme
The changing nature of global supply chains (GSCs) requires a rethinking in the design of appropriate policy responses and
in taking into account their employment and social impacts. The overall goal of RETHINK-GSC is to enhance our understanding
of the impact of GSCs using new measures that can quantify the role knowledge flows, and more generally services inputs, and
thus acknowledge the increasing importance of intangibles in global production. The project provides new and innovative methodologies
for assessing the development of global supply chains, which generates new knowledge on ongoing and expected changes in GSCs
due to shocks. The research, both theoretical and empirical, will be conducted mainly at the level of the firm – the unit
that ultimately decides on the organisation of international production. Using the RETHINK-GSC innovative measures allows
the projects' researchers and future scholars (i) to investigate the interaction between tangible and intangible GSCs to evaluate
the changing nature of global supply chains, (ii) to provide novel ways of analysing the impact of GSCs on social, economic
and environmental outcomes in European countries and (iii) to evaluate the resilience of GSCs to exogenous shocks.
Research group:Industrial, Innovation and International Economics