Microeconomics of international trade and investment; firms and products; responses to globalization

International economics, firms and cross-border decisions

A.B Harvard College, 1985; Ph.D Stanford University, 1991

Research Associate, 1996 - present, National Bureau of Economic Research, Cambridge, MA
Research Fellow, 2010 - present, Centre for Economic Policy Research, London, UK
Executive Committee, Conference on Research in Income and Wealth, Washington, DC
Research Associate, 2002 - present, Centre for Economic Performance, London School of Economics, London, UK
Faculty Advisory Board, Center for Financial Inclusion, Washington, DC

1. "Testing for Factor Price Equality in the Presence of Unobserved Factor Quality Differences" American Economic Journal: Microeconomics Forthcoming, with Stephen Redding, and Peter K. Schott, revised version of Factor Price Equality and the Economies of the United States NBER Working Paper #8068 and CEPR Discussion Paper #5111. Online appendix
2. The Empirics of Firm Heterogeneneity and International Trade Annual Review of Economics Forthcoming with J. Bradford Jensen, Stephen J. Redding and Peter K. Schott.
3. Multi-Product Firms and Trade Liberalization Quarterly Journal of Economics vol. 126(3), 1271-1318, 2011, with Stephen Redding and Peter Schott - online technical appendix.
4. Is Mexico a Lumpy Country? Review of International Economics 18(5), 937–950, 2010, with Raymond Robertson and Peter Schott
5. Intra-Firm Trade and Product Contractibility American Economic Review Papers and Proceedings, 2010, Vol. 100, No. 2, May, 444-448 (with J. Bradford Jensen, Stephen J. Redding,and Peter K. Schott) Longer version available here.
6. Wholesalers and Retailers in US Trade American Economic Review Papers and Proceedings, 2010, Vol. 100, No. 2, May, 408-413 (with J. Bradford Jensen, Stephen J. Redding,and Peter K. Schott) Longer version available here.
7. Multiple-Product Firms and Product Switching American Economic Review 2010, Vol. 100, No. 2, May, 444-448 with Stephen Redding and Peter Schott (January 2009). - online technical appendix. Note: this is a substantially revised version of NBER Working Paper 9789 entitled “Product Choice and Product Switching”. This paper was also briefly circulated under the title “Multi-Product Firms and the Dynamics of Product Mix”.
8. Products and Productivity Scandinavian Journal of Economics 2009 Vol 111, Issue 4 with Stephen Redding and Peter K. Schott ) pp. 625-6
9. The Margins of US Trade American Economic Review Papers and Proceedings, 2009, Vol. 99, No. 2, May, 487-493 (with J. Bradford Jensen, Stephen J. Redding,and Peter K. Schott) Longer version available here
10. Relative Wage Variation and Industry Location in the United Kingdom" with Stephen Redding, Peter K. Schott, and Helen Simpson Oxford Bulletin of Economics and Statistics, August 2008, Vol. 70, No. 4: p 431-459
11. Firms in International Trade" with J. Bradford Jensen, Stephen Redding and Peter Schott Journal of Economic Perspectives Summer 2007.
12. Firm Structure, Multinationals, and Manufacturing Plant Deaths" (with J. Bradford Jensen) The Review of Economics and Statistics May 2007, Vol. 89, No. 2: 193-204.
13. Comparative Advantage and Heterogeneous Firms" with (Stephen Redding and Peter Schott) Review of Economic Studies 2007 vol 74, January.
14. Trade Costs, Firms and Productivity" (with J. Bradford Jensen and Peter Schott) Journal of Monetary Economics , 2006 Volume 53, Issue 5, July: 917-937.
15. Survival of the Best Fit: Exposure to Low Wage Countries and The (Uneven) Growth of US Manufacturing Plants" (with J. Bradford Jensen and Peter Schott) Journal of International Economics , 2006 vol 68, 219-237.
16. How Offshore Work Affects Your Industry " (with Peter K. Schott and J. Bradford Jensen) Harvard Business Review, November 2004.
17. Exporting and Productivity in the USA" (with J. Bradford Jensen) Oxford Review of Economic Policy, 2004, Vol. 20, No. 3.
18. Entry, Expansion and Intensity in the U.S. Export Boom, 1987-1992" (with J. Bradford Jensen),  Review of International Economics, 2004, 12(4), 662-675.
19. Why Some Firms Export", (with J. Bradford Jensen). The Review of Economics and Statistics 2004, Vol 86 no. 2.
20. Who Wins the Olympic Games: Economic Resources and Medal Totals" (with Meghan R. Busse) The Review of Economics and Statistics 2004, Vol 86 no. 1.
21. Plants and Productivity in International Trade" (with Jonathan Eaton, J. Bradford Jensen, and Samuel S. Kortum) American Economic Review 2003, Vol. 93, No. 4, September, 1268-1290.
22. Export Entry and Exit by German Firms" (with Joachim Wagner) Weltwirtschaftliches Archiv, 2001, Vol. 137, No.1.
23. "Exceptional Exporter Performance: Cause, Effect, or Both?", (with J. Bradford Jensen) Journal of International Economics , 1999, Vol. 47, pp. 1-25 reprinted in David Greenaway, Holger Gorg, and Richard Kneller (eds), Globalization and Productivity, Edward Elgar Publishing Ltd, 2008, Cheltenham, UK.
24. Exports and Success in German Manufacturing" (with Joachim Wagner) Weltwirtschaftliches Archiv, 1997, Vol. 133, No.1, pp. 134-157 .
25. Exporters, Skill Upgrading and the Wage Gap," (with J. Bradford Jensen) Journal of International Economics, 1997, Vol 42, pp. 3-31 .
26. Comparing Apples and Oranges: Productivity Convergence and Measurement Across Industries and Countries," (with Charles Jones) American Economic Review, 1996, Vol 86(5), pp. 1216-1239 .
27. Technology and Convergence", (with Charles Jones) Economic Journal, 1996, 106(July).
28. Productivity Across Industries and Countries: Time Series Theory and Evidence,"(with Charles Jones) The Review of Economics and Statistics, February 1996.
29. Productivity and Convergence Across U.S. States and Industries," (with Charles Jones) Empirical Economics 1996 .vol. 21, no. 1, pp. 113-35.
30. Interpreting Tests of the Convergence Hypothesis," (with Steven N. Durlauf) Journal of Econometrics, March 1996.
31. Exporters, Jobs and Wages in U.S. Manufacturing, 1976-87," (with J. Bradford Jensen) Brookings Papers on Economic Activity: Microeconomics, 1995 reprinted in David Greenaway, Holger Gorg, and Richard Kneller (eds), Globalization and Productivity, Edward Elgar Publishing Ltd, 2008, Cheltenham, UK.
32. Convergence in International Output," Journal of Applied Econometrics, 1995, vol. 10 (with Steven N. Durlauf).

1. Multi-Product Exporters and the Margins of Trade with Ilke Van Beveren and Hylke Vandenbussche (April 2013)
2. "Intermediaries in International Trade: Margins of Trade and Export Flows"with Marco Grazzi and Chiara Tomasi (April 2013) Technical Appendix can be found here. This is substantially revised and renamed version of NBER Working Paper #17711, CEPR Discussion paper #8766.
3. Concording EU Trade and Production Data over Time with Ilke Van Beveren and Hylke Vandenbussche (June 2012) (Concordance files and programs available here)
4. Carry-Along Trade with Emily J. Blanchard, Ilke Van Beveren and Hylke Vandenbussche (January 2012)
5. "Chinese Exporters, Currency Exposure, and the Value of the Renminbi (February 2008)
6. "Strategic Responses to Multiple Dimensions of Low-Cost-Country Competition" with Peter Koerte (February 2007).
7. "Transfer Pricing by U.S.-Based Multinationals" with J. Bradford Jensen and Peter Schott (August 2006).
8. "A Note on Empirical Implementation of the Lens Condition" with Raymond Robertson and Peter Schott (December 2004).
9. "The Life Cycle of a Minority-Owned Business: Implications for the American Economy" with Matthew J. Slaughter (September 2004) prepared for Prepared for National Minority Enterprise Development (MED) Week 2004 Conference September 7-10, Sponsored by the Minority Business Development Agency Washington, D.C.
10. Facing the Dragon: Prospects for U.S. Manufacturers in the Coming Decade with J. Bradford Jensen and Peter Schott (June 2004)
11. "Product Choice and Product Switching" with Stephen Redding and Peter K. Schott (April 2004)
12. "Foreign Owners and Plant Survival" with Fredrik Sjöholm (October 2003).
13. "Consistent Standard Errors in Panel Tobit with Autocorrelation" with Meghan Busse (August 2003).
14. "Who Dies? International Trade, Market Structure and Industrial Restructuring" June 2001 (with J. Bradford Jensen) NBER Working Paper # 8327 

1. "Importers, Exporters, and Multinationals: A Portrait of Firms in the U.S. that Trade Goods" " in Producer dynamics: New Evidence from Micro Data, 2009 T Dunne, JB Jensen and MJ Roberts Ed.s, University of Chicago Press (with J. Bradford Jensen and Peter K. Schott
2. "Assessing the Impact of Trade Liberalization on Import-Competing Industries in the Appalachian Region" prepared for the Appalachian Regional Commission, September 2004 (with J. Bradford Jensen and Peter K. Schott).
3. "The Life Cycle of a Minority Owned Business: Implications for the American Economy" prepared for the Minority Business Development Agency MEDWEEK September 2004 (with Matthew J. Slaughter).
4. "Understanding Increasing and Decreasing Wage Inequality" in The Impact of International Trade on Wages, 2000 R. Feenstra Ed., University of Chicago Press (with J. Bradford Jensen)
5. "Capital Markets in Hong Kong" in Made By Hong Kong, 1997, Suzanne Berger and Richard K. Lester, Ed.s, Oxford University Press, Hong Kong. (with Mary Hallward-Driemeier)
6. "The Good Go Abroad: Evidence from Longitudinal Micro Data on German and U.S. Exporters" in The Evolution of Firms and Industries, 1997 Seppo Laaksonen, Ed. Statistics Finland, Helsinki. (with J. Bradford Jensen and Joachim Wagner)
7. "Productivity and Convergence Across U.S. States and Industries," in Long-Run Economic Growth (Studies in Empirical Economics) 1996 Steven Durlauf, John F. Helliwell, Baldev Raj, Ed.s, Springer Verlag (with Charles Jones).

Faculty Director, Center for International Business, 2007-2012, Tuck School of Business
Associate Professor, 1999-2003, Tuck School of Business at Dartmouth
Associate Professor of Economics, 1997-1999, School of Management, Yale University
Assistant Professor, 1991-1997, Department of Economics, MIT
Faculty Research Fellow, 1997-2001, National Bureau of Economic Research, Cambridge, MA
Junior Research Fellow, 1994, Institute for Policy Reform, Washington, DC
Research Associate and Consultant, 1985-1989, International Food Policy Research Institute, Washington D.C.

Wall Street Journal, “Strong Productivity Defies Trend and Gives Fed Room to Maneuver” by Brian Blackstone, August 4, 2008
Economist, “Export or Die” March 31, 2010
Reuters, “US companies suddenly shy over China yuan squabble”, March 26, 2010
CNBC London, “Bulls and Bears in the China Market”, May 19, 2009
Women’s Wear Daily, “Free Trade Hits Low Tide as Range of Issues Converge” May 13, 2008
New York Sun, “The Colombian Imperative” April 9, 2008
Wall Street Journal, “Surging Exports Lighten the Gloom” March 24, 2008
Reuters, “Will the Next President Inherit a Recession” March 5 2008
Business Finance, “Hard Dollars, Putting the Devalued Greenback to Work” February 1, 2008
AP, “Americans Pay for Housing Boom’s Excess” January 18, 2008
BusinessWeek Online, “Would a Gold Standard Save the Dollar” November 27, 2007
BusinessWeek Online, “The Upshot of the Dollar’s Fall” November 9, 2007
Women’s Wear Daily, “The China Fallout: Greater Security and Rising Costs” August 28, 2007
New York Sun, “Wising Up” August 3, 2007
Women’s Wear Daily, “Caution Slows Global Trade Winds” March 15, 2007
NPR, On Point, The Future of American Exports, Featured Guest, March 29, 2007
WWD, “Debate Grows as Trade Deficit Expands”, by Evan Clark, March 6, 2007
Economist, “Moving Pieces”, February 24, 2007
Reuters, “Stocks Trip On China”, February 28, 2007
La Gaceta, “China e India pueden ser tanto competidores como cooperodroes” December 6, 2006
New York Sun, “Free Trade Advantage” by Diana Furchtgott-Roth, December 1, 2006
Valley News, “Global Companies Taking Notice” by Warren Johnston, August 6, 2006
Wall Street Journal, “ U.S. Net Debt Increases 14% To Record-Level $2.69 Trillion” By Michael M. Phillips June 30, 2006
Wall Street Journal, “China Raises Rates to Rein in Galloping Growth”, by Andrew Browne and Michael M. Phillips 04/28/06
Wall Street Journal, “Foreign Companies Reatchet Back Spending in U.S.”, by Christopher Conkey 04/21/06
Reuters, “Markets Bet on Yuan Rise”, 04/15/06
Smarteconomist.com, Q&A on “Firms and Globalization”, 04/14/06
BizEd “The Growing Pains of Globalization” March/April 2006 (Research survey)
CNBC “Wake Up Call” August 31, 2005
USA Today, “First step: China will stop pegging yuan to dollar” July 21, 2005
Washington Post (Rueters), “Yuan move may benefit US stock investors” July 21, 2005
Milwaukee Journal Sentinel, “Lack of minority-owned businesses hurts city” July 10, 2005
Wall Street Journal, “Manufacturing Shows Unexpected Vigor”, by Jessica E. Vascellaro and Jon E. Hilsenrath 07/18/05
WWD, “Symbolism vs substance – China’s New Self-imposed Export Tariffs on Apparel Won’t Change Sourcing Strategies” Evan Clark 23 May 2005
Women's Wear Daily, “Banging The Drum on China”, 17 May 2005 Scott Malone
Wall Street Journal , “The Oscar Formula” Conor Dougherty. Feb 25, 2005
Women's Wear Daily, “A Question of Values: U.S., China Trade fight is Focused on Currency” Scott Malone Women's Wear Daily, 1 February 2005, 2330 words, Scott Malone,Wall Street Journal, “Import Prices May Drift Lower as Low Cost Production Picks Up”,by Louise Story 8/17/04 (also in the International Editions, Bloomberg.com, Inc.com, Frankfurter Allgemeine Zeitung, The Globe and Mail)
The Economist, “Footloose firms - How mobile are global firms”, 3/27/04
CBS Marketwatch, “U.S. Manufacturing’s Bleeding is Over”, by Chris Plummer 3/18/04
U.S. News & World Report, “Stumping For Jobs”, 9/29/2003
Financial Times, “Working poor continue to walk the line” 6/26/2003
Tooling & Production, “Manufacturing survivors: capital investment is their lifeline.”, by Mike Whitney,
6/1/2003
SMARTMONEY.COM: “Consumer Action: Building A Financiall Bunker” 3/17/2003
Wall Street Journal, "Why New Plants Are Vulnerable" by Clare Ansberry 3/3/03
Boston Globe, "Dartmouth's Andrew Bernard on wars' effect on inflation" by Jeffrey Krasner 2/16/03
Gannet News Service, "College A Must for Future Blue-Collar Workers" by Raju Chebium 11/20/02
Business Week, "Why The Wage Gap Widened" by Gene Koretz 10/25/99
Business Week, "Why Exporting Nations Thrive" by Gene Koretz 10/4/99
CNNfn, "Politicizing Global Trade" by Nicole Jacoby 3/5/99
Seoul Economic Daily     Interview, 3/1/99
USA Today, "Cheap Imports Propel Trade Deficit Past 11 Year Record" By James Cox 2/19/99
Futures World News, "Resurgent U.S. Protectionism Seen as Unlikely" By Michael S. Derby 10/14/98
ABC News Online, "Chat with the Expert"  10/5/98
San Francisco Chronicle, "IMF Meets Today -- Seeks Answers", by Carolyn Lockhead, 9/30/98
Washington Post, "Misery, but Not a Meltdown?", by Ann Swardson, 9/2/98
Nikkei, "Interview with Pr. Andrew B. Bernard" 7/14/98
Fortune,  "The Looming Export Slump, Thanks Asia", by Kim Clark, 7/6/98
Financial Times, "Foreign Money for U.S. Business Slows", by Richard Waters, 6/11/98
Wall Street Journal, "Exporters in U.S. Confront a New Reality", by Michael Phillips, 4/28/1998
Business Week, Economic Trends, "Will Asian Woes Tar U.S. Profits " By Mike McNamee, 4/27/1998
The Journal of Commerce, "The Virtue of Exporting", editorial, 1/19/98
National Journal, "Playing the Nubmers Game" by Bruce Stokes, commentary, 10/4/97
Business Week, "So You Think the World is Your Oyster" By Christopher Farrell, 6/9/1997
Business Week, "New key to economic survival: Coping with uncertainty" by Michael J. Mandel, 10/28/96
Fortune,  "Strategies for the new export boom." by Rob Norton, 08/22/94

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