How Reshoring Has Shaped the Impact of COVID-19 on Spanish Footwear Firms

  1. Martinez-Mora, Carmen 1
  2. Merino, Fernando 2
  1. 1 Universitat d'Alacant
    info

    Universitat d'Alacant

    Alicante, España

    ROR https://ror.org/05t8bcz72

  2. 2 Univerty of Murcia
Revista:
Estudios de economía aplicada

ISSN: 1133-3197 1697-5731

Ano de publicación: 2023

Título do exemplar: Socially Responsible Investment and Sustainable Finance: How can economics – finance research contribute to the sustainable development of the planet?

Volume: 41

Número: 3

Tipo: Artigo

DOI: 10.25115/SAE.V41I3.9233 DIALNET GOOGLE SCHOLAR

Outras publicacións en: Estudios de economía aplicada

Obxectivos de Desenvolvemento Sustentable

Resumo

COVID-19 has caused major disruption to the operations of firms in terms of both their supply chains and their demand. This paper studies how the configuration of the supply chains, resulting from previous offshoring and reshoring decisions, has affected the responsiveness and resilience of firms in this situation. The analysis is applied to the Spanish footwear sector and allows us to develop possible future scenarios in which the reconfiguration of value chains and the use of advanced technologies play an essential role. To do this, we use the “scenario planning methodology” combined with analytical models for the offshoring question. We conclude that the reshoring process motivated by the 2008 crisis has been fundamental for strengthening the resilience of firms to the COVID-19 crisis, as has the incorporation of new technologies.  

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