This collection will encompass the evidence-based analytical papers of the Commission's Internal Market, entrepreneurship and SMEs department, at times in collaboration with other Commission departments. The Chief Economist Team is responsible for the series’ publication, including the peer review of the papers.
WP 1 - Detecting and Analysing Supply Chain Disruptions
This first issue of the Directorate-General for Internal Market's Single Market Economic Papers series presents a methodology to detect and analyse supply chain disruptions. It examines the mounting evidence of supply chain distress across the industrial ecosystems and the impacts on the production capacity of firms, and indirectly on price pressures. The methodology in the paper is designed to support policy makers in the design of appropriate responses to such disruptions.
This first issue of the Directorate-General for Internal Market's Single Market Economic Papers series presents a methodology to detect and analyse supply chain disruptions. It examines the mounting evidence of supply chain distress across the industrial ecosystems and the impacts on the production capacity of firms, and indirectly on price pressures. The methodology in the paper is designed to support policy makers in the design of appropriate responses to such disruptions.
WP2 – Supply, or Demand, that is the Question: Decomposing Euro Area Inflation
This paper presents a decomposition of producer prices inflation between supply and demand factors. It finds that 80% of the current price pressure is due to supply shortages and only 20% to demand expansion. If supply disruptions are the main cause, then, promoting the right investment to repair disruptions along supply chains may be more urgent than the cooling down of demand.
WP3 - “SCAN” (Supply Chain Alert Notification) monitoring system
This paper proposes an indicator-based mechanism to monitor the evolution of supply chains in the EU and identify their distress. It aims at contributing to a better risk assessment of supply chains, particularly in strategic areas, with the ultimate goal of detecting disruptions as early as possible in order to avoid potential adverse effects. The proposed monitoring system is entitled “SCAN” (Supply Chain Alert Notification) and its main goal is to identify significant inflationary pressures and/or shortages, resulting from imbalances between demand and supply.
WP4 – “The Economic Implications of the Russian Invasion of Ukraine” (forthcoming)
Disclaimer: Views expressed in the Single Market Economic Papers are solely those of the authors and do not necessarily represent the official views of the European Commission.
Economic briefs
Brief 1: Green bottlenecks and the role of finance
Brief 2: Implications of the Russian Invasion of Ukraine for the European Economy
Disclaimer: Views expressed in briefs are solely those of the author(s) and do not necessarily represent official views of the European Commission.
The briefs aim to provide a broad and balanced overview on the examined topic to spark reflection rather than furnishing ready-to-use answers. They position themselves upstream in the discussion as thought-provoking notes on topical policy issues.
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