Adopting blockchain technology to block less sustainable products’ entry in global trade
In this study, the authors examine how the use of blockchain technology deters less sustainable products’ entry (LSPE) in the cross-border supply chains in which the entrant produces less sustainable products and enters into the incumbent’s market. They identify that when the blockchain adoption cost exceeds a threshold, the entry can be blocked by mandatory blockchain adoption and the incumbent enjoys the monopoly position; when the blockchain adoption cost falls into an intermediate range, deterrence needs not only the use of blockchain technology but also price distortion by the incumbent; when the blockchain adoption cost is sufficiently low, the incumbent must compete with the entrant because blockchain technology is no longer effective for deterrence. Moreover, the authors examine how government intervention (tariff or subsidy) affects LSPE and find that both tariff and subsidy schemes can enhance the value of adopting blockchain technology to prevent LSPE. If the blockchain adoption cost is moderate, then levying tariffs on LSPE can achieve an economic and environment-dominating outcome, but the subsidy scheme cannot. Their findings provide managerial insights for cross-border supply chain managers and offer guidance to policy makers who design trade policies.
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Availability:
- Find a library where document is available. Order URL: http://worldcat.org/issn/13665545
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Supplemental Notes:
- © 2022 Elsevier Ltd. All rights reserved. Abstract reprinted with permission of Elsevier.
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Authors:
- Cao, Yifan
- Shen, Bin
- Publication Date: 2022-5
Language
- English
Media Info
- Media Type: Web
- Features: Appendices; Figures; References; Tables;
- Pagination: 102695
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Serial:
- Transportation Research Part E: Logistics and Transportation Review
- Volume: 161
- Issue Number: 0
- Publisher: Elsevier
- ISSN: 1366-5545
- Serial URL: http://www.sciencedirect.com/science/journal/13665545
Subject/Index Terms
- TRT Terms: Barriers to entry (Competition); Blockchains; Globalization; International trade; Sustainable development
- Subject Areas: Data and Information Technology; Economics; Environment; Freight Transportation;
Filing Info
- Accession Number: 01850325
- Record Type: Publication
- Files: TRIS
- Created Date: Jun 27 2022 5:19PM