The implications of COVID-19: Bullwhip and ripple effects in global supply chains

dc.contributor.authorScarpin M.R.S.
dc.contributor.authorScarpin J.E.
dc.contributor.authorKrespi Musial N.T.
dc.contributor.authorNakamura W.T.
dc.date.accessioned2024-03-12T19:14:09Z
dc.date.available2024-03-12T19:14:09Z
dc.date.issued2022
dc.description.abstract© 2022 Elsevier B.V.Using the financial proxies in the efficient market hypothesis (EMH), we explore how the bullwhip effect (BWE) and ripple effect (RE) have been affected by the COVID-19 pandemic upstream and downstream. We developed two models to help us understand the phenomenon. The first model we created was the global airline stock index (GASI). This index represents all the global airline companies in the sample in one single node. We compared the GASI with each sample's buyer and supplier. The first result we observed was that some companies are more affected than others. We also found that the RE increased after the COVID-19 pandemic, but not the BWE. We then created a second model to analyze the difference in effects between companies. This reveals that the number of relationships in the supply chain network is positively related to the BWE and the RE. According to the regression analysis, the data also show that companies with a higher degree of operating level (DOL) and debts, and a lower share price, are the most vulnerable to the BWE and RE. We close by summarizing our findings and discussing future research opportunities.
dc.description.volume251
dc.identifier.doi10.1016/j.ijpe.2022.108523
dc.identifier.issn0925-5273
dc.identifier.urihttps://dspace.mackenzie.br/handle/10899/34319
dc.relation.ispartofInternational Journal of Production Economics
dc.rightsAcesso Restrito
dc.subject.otherlanguageBullwhip effect
dc.subject.otherlanguageCOVID-19
dc.subject.otherlanguageEfficient market hypothesis
dc.subject.otherlanguageFinancial risk
dc.subject.otherlanguageRipple effect
dc.subject.otherlanguageSupply chain
dc.titleThe implications of COVID-19: Bullwhip and ripple effects in global supply chains
dc.typeArtigo
local.scopus.citations33
local.scopus.eid2-s2.0-85130956722
local.scopus.subjectBullwhip effects
local.scopus.subjectCOVID-19
local.scopus.subjectDown-stream
local.scopus.subjectEfficient market hypothesis
local.scopus.subjectFinancial risks
local.scopus.subjectGlobal supply chain
local.scopus.subjectOperating levels
local.scopus.subjectRipple effects
local.scopus.subjectStock indices
local.scopus.subjectSupply chain network
local.scopus.updated2024-12-01
local.scopus.urlhttps://www.scopus.com/inward/record.uri?partnerID=HzOxMe3b&scp=85130956722&origin=inward
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