Faculty Directory

Teresa Fort

Assistant Professor of Business Administration



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

AREAS OF EXPERTISEInternational trade, industrial organization, political economy

Current Research Topics

How firms organize global production

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),  Updated version of NBER Working Paper 19134. Featured in The NBER Digest, October 2013

Working Papers

  • With P. Antras and F. Tintelnot, "The Margins of Global Sourcing: Theory and Evidence From U.S. Firms," March 2014
  • "Technology and Production Fragmentation: Domestic versus Foreign Sourcing," March 2014, Updated version of CES Working Paper 13-35 entitled "Breaking up is hard to do: Why firms fragment production across locations"
  • With A. Bernard, "Factoryless Goods Producers in the US," June 2013, NBER Working Paper No. 19396
  • "Foreign Direct Investment, Outsourcing, and Firm Productivity Conferment," April 2009

Work in Progress

  • With W. Chen, "Firms' Motives For Foreign Mergers and Acquisitions and Their Domestic Employment Effects"


  • 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

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


  • 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

Research & Teaching

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.