Liqun Liu to Present Paper On Global Supply Disruption at WEAI Conference

Mar 16, 2021
Summary: Liqun Liu will present and host the discussion for the working paper, “Managing Foreign Supply Risk in the Era of Coronavirus: The Efficiency-Resilience Tradeoff and Alternative Policies,” at the Western Economic Association International Conference (virtual) on Wednesday, March 17, 2021.
The paper, coauthored with Dennis Jansen, constructs a model of a product market that is subject to a disruption risk on foreign supply in order to study the recent disruption to the global supply chain due to the coronavirus pandemic. The paper also examines effectiveness of various government policies in response to the foreign supply risk, including a subsidy on domestic production, a strategic reserve arrangement, and autarky.

Liu will aslo discuss another related paper during the session.
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