Global Supply Chains and Economic Dynamics

Authors

  • Raúl Enrique Rodríguez Luna Universidad de La Salle / Universidad Cooperativa de Colombia

DOI:

https://doi.org/10.31637/epsir-2026-2682

Keywords:

Inflation, Global supply chains, Panel data, Latin America, Logistical shocks

Abstract

Introduction: Global logistics shocks resulting from disruptions in supply chains have intensified inflationary pressures in Latin America, particularly in economies highly dependent on foreign trade. Methodology: A mixed-methods approach was adopted, combining documentary review and quantitative panel data analysis for the period 2015–2023. A country–year fixed effects model was estimated, using annual inflation as the dependent variable and the Global Supply Chain Pressure Index (GSCPI), the World Container Index (WCI), the exchange rate, and GDP per capita as explanatory variables. Hausman tests and robust standard errors were applied to ensure consistency. Discussion: The findings suggest that recent inflation is not solely driven by monetary factors, but also by global logistical constraints. The need to strengthen supply chain resilience and diversify suppliers is emphasized. Conclusion: Global logistical bottlenecks explain a significant share of inflation in Latin America between 2015 and 2023.

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Published

2026-02-26

How to Cite

Rodríguez Luna, R. E. (2026). Global Supply Chains and Economic Dynamics. European Public & Social Innovation Review, 11, 1–18. https://doi.org/10.31637/epsir-2026-2682

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