Is this project an undergraduate, graduate, or faculty project?
Graduate
group
What campus are you from?
Daytona Beach
Authors' Class Standing
Tra Pham, Graduate Student Sheeba Grace Ratnakumar Rheuban, Graduate Student Won Hee Lee, Graduate Student Sierra A. Coward, Graduate Student
Lead Presenter's Name
Sheeba Grace Ratnakumar Rheuban
Faculty Mentor Name
Dr Zou, Li
Abstract
According to the International Trade Administration, the U.S. aerospace civil and military aircraft sectors comprise the largest trading volume among all U.S. manufacturing industries, recording $80.2 billion in 2019. However, the total U.S. aerospace trade dropped by 25% during the pandemic and continued falling by an additional 6% in 2021, indicating the risks and vulnerability the industry had experienced. This poster investigates the pandemic impacts on the U.S. aerospace trade and assesses the resilience and competitiveness of the aerospace sector across its various products. Using the U.S. merchandise trade data from the 2016-2021 period, we empirically estimate the relationship between the resilience and competitiveness of the U.S. aerospace trade in its global supply chain network. We expect to find a positive relationship between the competitiveness and resilience of the U.S. aerospace sector and this finding will assist policymakers, manufacturers, and suppliers in developing strategies to respond to future catastrophes.
Did this research project receive funding support from the Office of Undergraduate Research.
No
Previous Versions
U.S. Aerospace Trade [2016-2021]: Analyzing the relationship between resilience and competitiveness in the global supply chain.
According to the International Trade Administration, the U.S. aerospace civil and military aircraft sectors comprise the largest trading volume among all U.S. manufacturing industries, recording $80.2 billion in 2019. However, the total U.S. aerospace trade dropped by 25% during the pandemic and continued falling by an additional 6% in 2021, indicating the risks and vulnerability the industry had experienced. This poster investigates the pandemic impacts on the U.S. aerospace trade and assesses the resilience and competitiveness of the aerospace sector across its various products. Using the U.S. merchandise trade data from the 2016-2021 period, we empirically estimate the relationship between the resilience and competitiveness of the U.S. aerospace trade in its global supply chain network. We expect to find a positive relationship between the competitiveness and resilience of the U.S. aerospace sector and this finding will assist policymakers, manufacturers, and suppliers in developing strategies to respond to future catastrophes.