AEA Papers and Proceedings
Date of Publication:
January 2025
This paper examines how rigidities in transportation networks contribute to supply chain disruptions and economic volatility. The authors analyze frictions such as capacity constraints, adjustment costs, and logistical bottlenecks that limit the ability of transportation systems to respond flexibly to shocks. Using evidence from global shipping and trade networks, the study highlights how transportation rigidities amplify disruptions across supply chains and shape the resilience of international trade systems.
Citations
Brancaccio, Giulia, Myrto Kalouptsidi and Theodore Papageorgiou. 2025. Rigidities in Transportation and Supply Chain Disruptions. AEA Papers and Proceedings 115 (May): 543–550. https://doi.org/10.1257/pandp.20251079