Mariassunta Giannetti- Nvidia seals a market regime change

Aug. 29, 2024

A paper by SHoF’s Mariassunta Giannetti, University of Lugano’s Francesco Franzoni, and BI Norwegian Business School’s Roberto Tubaldi, was referenced in a Financial Times column. The paper argues that when supply chains are disrupted, bigger firms are affected less than smaller ones, because they have more diversified supply chains and more bargaining. This lets the big companies mark up prices and take market share at the same time. Industry concentration may be inflationary under supply chocks.