Faculty Directory

Teresa Fort

Assistant 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


Teresa Fort’s research examines firms’ global production choices. She studies the determinants and ramifications of firms’ decisions to break up production processes across distinct geographic locations that are both domestic and foreign. She teaches Managerial Economics.

Current Research Topics

How firms organize global production

Professional Activities

Academic Positions

  • Tuck School of Business, 2012–present
  • Instructor, University of Maryland, 2009–11

Nonacademic Positions

  • Economist, U.S. Bureau of the Census, 2007–12
  • Consultant, World Bank, Summer 2008
  • Research Associate, Princeton Economics Group, 2004–06


  • American Economic Journal: Policy, Canadian Journal of Economics, European Economic Review, International Journal of Industrial Organization, Journal of Economic Behavior and Organization, Journal of International Economics, Journal of Productivity Analysis, Review of Economics and Statistics

Working Papers

  • "Technology and Production Fragmentation: Domestic versus Foreign Sourcing," March 2014
  • With P. Antras and F. Tintelnot, "The Margins of Global Sourcing: Theory and Evidence From U.S. Firms," March 2014
  • "Foreign Direct Investment, Outsourcing, and Firm Productivity Conferment," April 2009


  • Distinguished Dissertation Award, University of Maryland, 2012
  • Daniel T. Revers T’89 Faculty Fellow, 2012
  • Top Ph.D. submission, Rocky Mountain Empirical Trade Conference, May 2011
  • Second prize, 3rd-year paper competition, Department of Economics, University of Maryland, 2009
  • Jacob K. Goldhaber Award, for travel to conference, Fall 2011
  • International Conference Student Support Award, Fall 2011
  • Graduate Fellowship, University of Maryland, 2006-2007
  • Dean’s List, University of Virginia, all semesters

Selected Publications

  • 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 60, 2013
  • With A. Bernard, "Factoryless Goods Producing Firms," forthcoming in the American Economic Review, Papers and Proceedings
  • With A. Bernard, "Factoryless Goods Producers in the US," forthcoming in L. Fontagne and A. Harrison (eds.), Factory-free Economy: What next for the 21st Century?