Supply chains and market power
This paper is part of the Microeconomics Unit’s ongoing growth programme, supporting the government’s growth mission by delivering economic research focused on critical drivers and blockers of economic growth.
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Supply chains are critical structures which determine the flow of inputs and outputs through the economy. Changing technologies and global trade have shaped these overlapping chains into a complex supply network, leading to both opportunities and vulnerabilities.
This report provides a foundation for:
- measuring and understanding the ever-evolving nature of UK supply chains
- documenting where market power sits across the supply network
- placing UK supply chains in a global context
- analysing how external shocks can propagate through supply networks