Supply Chain Disruption and Import Strategy:Evidence from the Great East Japan Earthquake  

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作  者:Fan Lu Zhicong Li Xinrong Cai 

机构地区:[1]School of Public Finance and Taxation,Central University of Finance and Economics,China [2]School of Finance and Taxation,Zhongnan University of Economics and Law,China

出  处:《China & World Economy》2025年第1期132-161,共30页中国与世界经济(英文版)

基  金:support from the National Social Science Foundation of China(No.23BZZ008).

摘  要:Global supply chain networks foster collaboration but accelerate cross-border risk transmission.This study investigates the effect of the 2011 East Japan earthquake on Chinese firms'import strategies.The findings reveal that the disruption led to a shift toward supply chain concentration,with firms reducing the diversification of import sources.There was a slight increase in the number of countries from which firms sourced imports but import shares became more concentrated,reflecting a reliance on fewer,centralized suppliers.Firms affected by the earthquake prioritized long-term partnerships and sought suppliers in regions with lower natural disaster risks,aiming to mitigate supply chain vulnerabilities and reduce switching costs.The findings also show that state-owned enterprises,private firms,and research and development-intensive firms were more inclined to centralize their import sources.This suggests that these firms,leveraging their larger scale,substantial resources,and robust risk management strategies,favored a more concentrated sourcing approach in order to better control their supply chains and ensure stability in the face of global disruptions.

关 键 词:firm behavior import strategy natural disaster supply chain 

分 类 号:F746.12[经济管理—国际贸易]

 

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