Working paper/research report

Authors list: Finck, David; Klein, Mathias; Tillmann, Peter

Publication year: 2024

DOI Link: https://doi.org/10.2139/ssrn.4760431

Abstract: 

We compile a unique dataset linking micro price data underlying the official Swedish producer price index with administrative firm level data and provide new evidence on the inflationary effects of global supply chain shocks. For identification, we interact exogenous shocks to global supply chains obtained through a VAR model with firm-specific trade intensities. Shocks to global supply chains lead to a significant and persistent increase in producer prices with a peak response after two years. However, average responses mask significant heterogeneity across firms. Relatively larger firms, firms with stronger international linkages, firms with a lower inventory stock and firms with low labor costs increase prices more strongly.

Harvard Citation style: Finck, D., Klein, M. and Tillmann, P. (2024) The Inflationary Effects of Global Supply Chain Shocks: Evidence from Swedish Microdata. https://doi.org/10.2139/ssrn.4760431

APA Citation style: Finck, D., Klein, M., & Tillmann, P. (2024). The Inflationary Effects of Global Supply Chain Shocks: Evidence from Swedish Microdata. https://doi.org/10.2139/ssrn.4760431