The Impact of Supply Chains on Firm-Level Productivity
The Impact of Supply Chains on Firm-Level Productivity
复制标题
DOI：
10.1287/mnsc.2016.2632
复制
发表时间：
2017-03
期刊：
影响因子：
--
通讯作者：
J. C. Serpa;H. Krishnan
中科院分区：
文献类型：
--
作者：
J. C. Serpa;H. Krishnan
Firms in a vertical relationship are likely to affect each other’s productivity. But exactly how does productivity spill over across this type of relationship (i.e. through which mechanisms)? And how does the relative importance of these mechanisms depend on the structure of the supply chain? To answer these questions, we decompose the channels of upstream productivity spillovers -- from customers to suppliers -- across 22,500 supply chain dyads. We find that the “endogenous channel” (i.e. the effect of the customer’s own productivity on the supplier’s productivity) is by far the most important source of spillovers. This is especially true if: (i) the supplier has a concentrated customer base; (ii) the supplier and the customer have similar operational characteristics; and (iii) the relationship has medium maturity. In the converse scenarios, we find, it is more important to have a partner with a portfolio of favorable “contextual” characteristics (high inventory turnover, financial liquidity, and asset turnover) than to have a productive partner.
