Digital Economy and Global Supply Chain Configuration:Centralization or Decentralization?
In the current highly uncertain international economic environment,all the countries are optimizing global supply chain configurations by developing their digital economies.This effort is not only critical for the security of their own industrial chains,but also fundamental for maintaining the resilience and stability of global supply chains.Using EORA global supply chain data from 2013 to 2020,this paper investigates the impact of digital economy development on global supply chain configuration and the mechanisms through which it operates.The study finds that digital economy development significantly reduces upstream,downstream,and overall concentration in global supply chains,thereby promoting decentralization in global supply chain configuration.This decentralization effect is achieved through enhanced logistics efficiency and better supply-demand coordination.Further research reveals that the digital economy plays a more significant role in promoting the decentralization of global supply chains in high-tech industries and high-income countries.Additionally,in countries participating in the Belt and Road Initiative and in the period following the China-U.S.trade friction,nations have increasingly utilized the digital economy to drive the decentralization of global supply chains.
digital economyglobal supply chainsupply chain configurationsupply chain resilience
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