Faculty Directory

Teresa Fort

Associate Professor of Business Administration





Personal Website



PhD, University of Maryland, 2012; MA, University of Maryland, 2008; BA, University of Virginia, 2000

Areas of Expertise

International trade, industrial organization, political economy


Global Structure and Conduct of Firms


Teresa Fort teaches the core microeconomics class and a seminar on firm responses to globalization. Her research is in international trade and industrial organization, with a focus on firms’ global sourcing and production decisions.

Current Research Topics

  • Firms’ global production decisions
  • The effects of offshoring on innovation

Professional Activities

Academic Positions

  • Associate Professor, Tuck School of Business, 2017–present
  • Peter B. Kenen Fellow, Princeton University, 2017–18
  • Assistant Professor, Tuck School of Business, 2012–17

Nonacademic Positions

  • Associate Editor, Review of Economics and Statistics, 2019–present
  • Research Affiliate, Centre for Economic Policy Research, 2016–present
  • Faculty Research Fellow, National Bureau of Economic Research, 2016–present
  • Member, Conference on Research in Income and Wealth, 2015–present
  • Economist, Center for Economic Studies, U.S. Bureau of the Census, 2014–present
  • Economist, Center for Economic Studies, U.S. Bureau of the Census, 2007–12
  • Research Associate, Princeton Economics Group, 2004–06


American Economic Journal: Economic Policy, American Political Science Review, Canadian Journal of Economics, European Economic Review, International Journal of Industrial Organization, Journal of Development Economics, Journal of Economic Behavior and Organization, Journal of International Economics, Journal of Political Economy, Journal of Productivity Analysis, Quarterly Journal of Economics, Review of Economics and Statistics 


  • Peter B. Kenen Fellowship, Department of Economics, Princeton University, 2017
  • Distinguished Dissertation Award, University of Maryland, 2013
  • Daniel T. Revers T’89 Faculty Fellow, 2012
  • Top PhD submission, Rocky Mountain Empirical Trade Conference, May 2011
  • Second prize, third-year paper competition, Department of Economics, University of Maryland, 2009

Working Papers

  • With Andrew Bernard, Valerie Smeets, and Frederic Warzynski, "Heterogenous Globalization: Offshoring and Reorganization"
  • With S. Klimek, "The Effect of Industry Classification Changes on U.S. Employment Composition"

Selected Publications

  • With J. Pierce and P. Schott, "New Perspectives on the Decline of U.S. Manufacturing Employment," Journal of Economic Perspectives, 32(2), 2018
  • With P. Antràs and F. Tintelnot, "The Margins of Global Sourcing: Theory and Evidence from U.S. Firms," American Economic Review, 107(9), 2017
  • With A. Bernard, "Factoryless Goods Producers in the US," in The Factory-Free Economy, L. Fontagne and A. Harrison (eds.), Oxford University Press, 2017
  • "Technology and Production Fragmentation: Domestic versus Foreign Sourcing," The Review of Economic Studies, 84(2), 2017
  • With A. Bernard, "Factoryless Goods Producing Firms," American Economic Review, 105(5), 2015
  • With J. Haltiwanger, R. Jarmin, and J. Miranda, "How Firms Respond to Business Cycles: The Role of Firm Age and Firm Size," IMF Economic Review, 61, 2013; The NBER Digest, 2013