The Dynamic Impact of Inflation on Supply Chain and Competitiveness: Bibliometric and Econometric Analysis
Chenxi Zhang, Zeshui Xu, Xunjie Gou, Marinko Škare
supply chain management; inflation; competitiveness, Granger causality test; impulse response functions; forecast error variance decompositions
With the intensification of market competition, supply chain management is more critical for business development. Many studies have conducted literature reviews based on supply chain management research. However, less attention has been paid to the impact of the actual economic phenomena on supply chain management research. This paper investigates the dynamic impact of various inflation indicators on supply chain management studies in the context of inflation through bibliometric and econometric analysis. Specifically, this paper first conducts a bibliometric analysis of supply chain management research and determines the literature variables. Secondly, time series data on six inflation indicators are collected as economic variables to reflect trends and fluctuations of inflation. Meanwhile, the Granger causality test investigates the dynamic relationship between inflation and supply chain management research development. Finally, the impact of inflation on supply chain management literature data is quantitatively evaluated by the analyses of impulse response functions and forecast error variance decompositions. The analysis results of this paper show that the influence between inflation and academic research on supply chain management is bidirectional, and the bidirectional impact varies across inflation indicators. The conclusions of this paper can not only provide a reference for enterprises to improve their competitiveness in actual economic activities but also help researchers to grasp the key points in scientific research better and improve the competitiveness of academic research.
The Dynamic Impact of Inflation on Supply Chain and Competitiveness: Bibliometric and Econometric Analysis [PDF file] [Filesize: 640.32 KB]
Zhang, Ch., Xu, Z., Gou, X., & Škare, M. (2023).
The Dynamic Impact of Inflation on Supply Chain and Competitiveness: Bibliometric and Econometric Analysis.
Journal of Competitiveness, 15(1), 146-167. https://doi.org/10.7441/joc.2023.01.09