Mendoza School of Business

Jeffrey Bergstrand

Professor Emeritus
Finance
 574-631-6761
  367 Mendoza College of Business
  • Biography
  • Background
  • Publications
  • Books
  • Presentations
  • Awards

Jeffrey H. Bergstrand has been a Finance professor in the Mendoza College of Business for more than 30 years, as well as a fellow of Notre Dame’s Kellogg Institute for International Studies, and a Research Associate of CESifo, an international network of researchers based in Europe.  His research on international trade flows, free trade agreements, foreign direct investment, multinational firms, and exchange rates has been published in more than 60 articles in such journals as the American Economic Review and as chapters in books. Bergstrand also served as Co-Editor of the Review of International Economics from 1996-2003 and remains on its editorial board. He has been a visiting scholar at the European Commission in Brussels, the IFO Institute/University of Munich, ETH University in Zurich, and several other institutions. Bergstrand’s current research focuses on economic determinants of multinational firm behavior and foreign direct investment and on the causes and consequences of the growth of regional economic integration agreements.  He has also advised the European Commission on the effects of EU-U.S. nontariff barriers and of EU free trade agreements on their trade flows. He is a former president of the International Economics and Finance Society.

Education
Ph D, University of Wisconsin - Madison
MA, University of Wisconsin - Madison
BA, Northwestern University

Areas of Expertise
International Trade and Regional Economic Integration
Foreign Direct Investment and Multinational Enterprises
Macroeconomics
U.S. Economy


"Putting Canada in the Penalty Box: Trade and Welfare Effects of Eliminating NAFTA", (With Scott Baier, John Bruno), The World Economy, 42, 2019

"Heterogeneous Effects of Economic Integration Agreements", (With Scott Baier, Matthew Clance), Journal of Development Economics, 135, 2018



"Economic Integration Agreements, Border Effects, and Distance Elasticities in the Gravity Equation", (With Mario Larch, Yoto Yotov), European Economic Review, 78, 2015

"Economic Integration Agreements and the Margins of International Trade", (With Scott Baier, Michael Feng), Journal of International Economics, 93, 2014

"Governance and Globalization", (With Koen Berden, Eva van Etten), The World Economy, 37, 2014

"Economic Determinants of Free Trade Agreements Revisited: Distinguishing Sources of Interdependence", (With Scott Baier, Ronald Mariutto), Review of International Economics, 22, 2014

"Shouldn't Physical Capital Also Matter for Multinational Enterprise Acitivity?", (With Peter Egger), Review of International Economics, 21, 2013

"Measuring the Effects of Endogenous Policies on Economic Integration", CESifo Economic Studies, 59, 2013

"What Determines BITs?", (With Peter Egger), Journal of International Economics, 90, 2013


"An Evaluation of Swiss Free Trade Agreements Using Matching Econometrics", (With Scott Baier), Aussenwirtschaft, 2010, 2010

"The Growth of Regional Economic Integration Agreements and the Middle East", (With Scott Baier, Peter Egger), Region et Developpement, 29, 2009

"Bonus Vetus OLS: A Simple Method for Approximating International Trade-Cost Effects Using the Gravity Equation", (With Scott Baier), Journal of International Economics, 77, 2009

"Estimating the Effects of Free Trade Agreements on International Trade Flows Using Matching Econometrics", (With Scott Baier), Journal of International Economics, 77, 2009

"Trade Costs", The New Palgrave Dictionary of Economics, Second Edition, 2008

"Do Economic Integration Agreements Actually Work? Issues in Understanding the Causes and Consequences of the Growth of Regionalism", (With Scott Baier, Peter Egger, Patrick McLaughlin), The World Economy, 31, 2008

"A Knowledge-and-Physical-Capital Model of International Trade Flows, Foreign Direct Investment, and Multinational Enterprises", (With Peter Egger), Journal of International Economics, 73, 2007

"Free Trade Agreements In the Americas: Are the Trade Effects Larger than Anticipated?", (With Scott Baier, Erika Vidal), The World Economy, 30, 2007

"Do Free Trade Agreements Actually Increase Members' International Trade?", (With Scott Baier), Journal of International Economics/ Elsevier, 71, 2007

"The New Regionalism: Causes and Consequences", (With Scott Baier, Peter Egger), Economie Internationale, 2007

"The New Regionalism: Causes and Consequences", (With Scott Baier, Peter Egger), Integration and Trade/Inter-American Development Bank, 2007

"Trade Costs and Intra-Industry Trade", (With Peter Egger), Review of World Economics/Blackwell, 142, 2006

"Economic Determinants of Free Trade Agreements", (With Scott Baier), Journal of International Economics/ Elsevier, 64, 2004

"Government Expenditure and Equilibrium Real Exchange Rates", (With Ronald Balvers), Journal of International Money and Finance/Elsevier, 21, 2002

"The Growth of World Trade: Tariffs, Transport Costs, and Income Similarity", (With Scott Baier), Journal of International Economics/Elsevier, 53, 2001

"Preliminary Examination of Heterogeneous Effects on International Trade of Economic Integration Agreements", (With Scott Baier, Matthew Clance), Cambridge University Press, Trade Cooperation, 2015

"Gravity Equations and Economic Frictions in the World Economy", (With Peter Egger), Palgrave Macmillan, Handbook of International Trade, 2011

"A General Equilibrium Theory for Estimating Gravity Equations of Bilateral FDI, Final Goods Trade, and Intermediate Goods Trade", (With Peter Egger), Cambridge University Press, The Gravity Model in International Trade, 2010

"Approximating General Equilibrium Impacts of Trade Liberalizations Using the Gravity Equation: Applications to NAFTA and the European Economic Area", (With Scott Baier), Cambridge University Press, The Gravity Model in International Trade, 2010

"Regional and Inter-Regional Trade Agreements: Examining Their Role for the Middle East", (With Scott Baier, Patrick McLaughlin), Globalization in the 21st Century, 2008

"The Sequencing of Regional Economic Integration: Issues in the Breadth and Depth of Economic Integration in the Americas", (With Antoni Estevadeordal, Simon Evenett, eds.), The World Economy, 31, 2008

"Quantile Gravity", The Economic Effects of Free Trade Agreements conference, University of Surrey (England), 2023

"Quantile Gravity", U.S. International Trade Commission, Economics Seminar, Washington, DC, 2023

"Increasing Marginal Costs, Firm Heterogeneity, and the Gains from Deep International Trade Agreements", Gravity at 60 Conference/Austrian Institute of Economic Research, 2022

"Distribution-Free Gravity", University of Surrey (England) Department of Economics Seminar, 2021

"Measurement and Impact of Deep Trade Agreements", U.S. International Trade Commission-Keough School of Global Affairs Symposium, 2021

"Modeling Foreign Direct investment with an Eye Toward Trade and FDI Policies", U.S. International Trade Commission Workshop, 2021

"The Gains from International Trade with Increasing Marginal Costs", Stellenbosch University, 2019

"The African Continental Free Trade Agreements: Gains, Challenges, and the Rationale", University of Cape Town, Department of Economics, 2019

"The Gains from International Trade with Increasing Marginal Costs", University of Cape Town, Department of Economics, 2019

"The Gains from International Trade with Increasing Marginal Costs", University of Pretoria, Department of Economics, 2019

"International Trade: Economic and Policy Issues", Indiana University-Bloomington, Department of Economics, 2019

"Regional Trade Agreements", Forging a New Path for North American Trade, 2019

"Structural Gravity for Foreign Direct Investment: Toward Bridging International Trade and Finance", University of Michigan International Economics Seminar, 2017

"Quantifying Economic Integration Agreements' Effects", 20th Applied Economics Conference, 2017

"Going Global in the 21st Century", Congress Go Global, 2017

"Economic Integration Agreements and the New International Economic Order", New International Economic Order and East Asia, 2016

"Heterogeneous Economic Integration Agreement Effects", International Economics and Finance Society/ASSA, 2016

"Economic Integration Agreements, Border Effects, and Distance Elasticities in the Gravity Equation", Southern Economics Association Annual Meetings, 2014

"Services Trade and Economic Integration Agreements", Empirical Investigations in Services Trade, 2014

"Economic Integration Agreements, Border Effects, and Distance Elasticities in the Gravity Equation", Estimation of Gravity Models of Bilateral Trade, 2014

"Economic Integration Agreements, Border Effects, and Distance Elasticities in the Gravity Equation", ASSA Meetings, 2014

"Is the World Getting Smaller After All?", University of Missouri at Columbia, 2013

"Economic Integration Agreements and the Margins of International Trade", Georgia Institute of Technology, 2013

"Understanding Globalization: The Role of the Gravity Equation in International Trade and Foreign Direct Investment After 50 Years", Empirical Issues in International Trade and Finance, 2013

"Economic Integration Agreements and the Margins of International Trade", Symposium on International Economics, 2012

"What Determines BITs?", Asia-Pacific Trade Conference, 2012

"(Keynote Lecture) Economic Integration Agreements and the Margins of International Trade", Empirical Investigations in International Trade Conference, 2011

"Economic Integration Agreements and the Margins of International Trade", Globalization: Strategies and Effects, 2011

"Economic Integration Agreements and the Margins of International Trade", Swiss Federal Institute of Technology (ETH University), 2011

"(Keynote Lecture) International Trade, Foreign Direct Investment, and Economic Integration Agreements", XII Conference on International Economics, 2011

"What Determines BITs?", Conference on Global Economy, 2011

"(Keynote Lecture) Measuring the Effects of Endogenous Policies on Economic Integration", Conference on Measuring Economic Integration, 2011

"What Determines BITs?", Swiss Federal Institute of Technology (ETH University), 2010

"What Determines BITs?", University of Colorado at Boulder, 2010

"Ex-Post Assessment of the Trade Effects of EU FTAs", Chief Economist's Seminar, Directorate General-Trade, 2010

"Gravity Redux: Structural Estimation of Gravity-Equation Coefficients, Elasticities of Substitution, and General Equilibrium Comparative Statics under Asymmetric Bilateral Trade Costs", Georgia Tech, 2010

"The Growth of Bilateralism", Conference on "Trade Costs", 2010

"Measuring the Impact of Free Trade Agreements on Trade Flows Using Matching Econometrics", Chief Economist's Seminar, Directorate General-Trade, 2010

"The Growth of Bilateralism", Swiss Federal Institute of Technology, 2010

"Economic Determinants of the Timing of Preferential Trade Agreement Formations and Enlargements", Swiss Federal Institute of Technology (ETH University), 2009

"Finding Vertical Multinational Enterprises", London School of Economics and Political Science, 2009

"Finding Vertical Multinational Enterprises", Oxford University, 2009

"Finding Vertical Multinational Enterprises", Drexel University, 2009

"Gravity Redux: Structural Estimation of Gravity Equations, Elasticities of Substitution, and Economic Welfare Under Asymmetric Bilateral Trade Costs", Conference on Trade Costs, 2009

"The New Expats: Economic Determinants of Bilateral Expatriate, FDI, and International Trade Flows", European Economics and Finance Society Annual Meeting, 2009

"Understanding Globalization: Economic Determinants of International Trade, Foreign Direct Investment, and Skilled Migration in a World with Multinational Enterprises", European Economics and Finance Society Annual Meeting, 2009

"Gravity Redux: Structural Estimation of Gravity Equations, Elasticities of Substitution, and Economic Welfare Under Asymmetric Bilateral Trade Costs", University of Warsaw, 2009

"Economic Determinants of the Timing of Preferential Trade Agreement Formations and Enlargements", Conference on Empirical Determinants of Regionalism, 2009

"Shouldn't Physical Capital Also Matter for Multinational Enterprise Activity and International Trade?", Southern Economics Association Annual Meeting, 2008

"The Growth of FDI Relative to Trade: Measurement, Determinants, and Consequences of International Trade Flows in Intermediates", Johns Hopkins University, 2008

"The New Expats: Economic Determinants of Bilateral Expatriate, FDI, and International Trade Flows", University of Bayreuth, 2008

"The Growth of Regional Economic Integration Agreements and the Middle East", Conference on Regional Economic Relations, 2008

"The New Expats: Economic Determinants of Bilateral Expatriate, FDI, and International Trade Flows", Erasmus University, 2008

"Gravity Redux: Structural Estimation of Gravity Equations, Elasticities of Substitution, and Economic Welfare Under Asymmetric Bilateral Trade Costs", University of Innsbruck, 2008

"Estimating the Effects of Free Trade Agreements on International Trade Flows Using Matching Econometrics", Allied Social Science Association, 2008

"World Trade vs. Protectionism", Hesburgh Lecture, 2007

"Bonus Vetus OLS: A Simple Method for Approximating International Trade-Cost Effects Using the Gravity Equation", The Gravity Equation: New Perspectives on Distance in International Economics and Theory, Measurement, and Application of the Gravity Model, 2007

"Gravity Redux: Structural Estimation of Gravity Equations with Asymmetric Bilateral Trade Costs", The Gravity Equation: New Perspectives on Distance in International Economics and Theory, Measurement, and Application of the Gravity Model, 2007

"Shouldn't Physical Capital Also Matter in a World Economy with Multinational Enterprises?", European Trade Study Group, 2007

"Regional and Inter-Regional Trade Agreements: Examining Their Role for the Middle East", Globalization in the 21st Century, 2007

"Bonus Vetus OLS: A Simple Approach to Addressing the 'Border Puzzle' and Other Gravity-Equation Issues", Southern Economics Association Annual Meetings, 2006

"A Knowledge-and-Physical-Capital Model of International Trade, Foreign Direct Investment, and Multinational Enterprises: Developed Countries", Economics Department Seminar, Texas A&M University, 2006

"World Trade vs. Protectionism", Hesburgh Lecture at Seattle University, 2006

"Causes and Consequences of the Growth of Regionalism", Keynote address at the conference, "Understanding the Latest Wave of Regionalism", 2006

"Bonus Vetus OLS: A Simple Approach for Addressing the 'Border Puzzle' and Other Gravity-Equation Issues", Leverhulme Centre for Research on Globalization and Economic Policy, University of Nottingham, 2006

"The New Regionalism: Causes and Consequences", Keynote address at conference, "The New Regionalism: Progress, Setbacks and Challenges", 2006

"Regionalism, Multilateralism, and Globalization", Invited paper at the conference, "The Political Economy of Globalization", 2005

"Do Free Trade Agreements Actually Increase Members' International Trade?", U.S. International Trade Commission, Economic Research Department, 2005

"Bonus Vetus OLS: A Simple OLS Approach for Addressing the 'Border Puzzle' and Other Gravity-Equation Issues", University of Munich, 2005

"From Proliferating PTAs to APEC-Wide Liberalization: Is There a Way Forward?", Asia-Pacific Economic Cooperation (APEC) Study Centers Consortium Meeting, 2004

"A Knowledge-and-Physical-Capital Model of International Trade, Foreign Direct Investment, and Outsourcing: Part 1, Developed Countries", Empirical Investigations in International Trade annual conference, 2004

"Trade Agreements and Trade Flows: Estimating the Effect of Free Trade Agreements on Trade Flows with an Application to an EU-GCC Free Trade Agreement", European Commission, Directorate General for Economic and Financial Affairs (DG-ECFIN), 2004

"Do Free Trade Agreements Actually Increase Members' International Trade?", International Society of New Institutional Economics, 2004

"A Knowledge-and-Physical-Capital Model of International Trade, Foreign Direct Investment, and Outsourcing: Part I, Developed Countries", Purdue University, Dept. of Economics, 2004

"A Knowledge-and-Physical-Capital Model of International Trade, Foreign Direct Investment, and Outsourcing: Part 1, Developed Countries", Syracuse University, Dept. of Economics, 2004

"Do Free Trade Agreements Increase Members' International Trade?", Bryn Mawr College, 2003

"Endogenous Free Trade Agreements and the Gravity Equation", Georgia Institute of Technology, 2003

"On the Endogeneity of International Trade Flows and Free Trade Agreements", American Economic Association annual meeting, 2002

"Comments on 'Geographic Concentration of U.S. Manufacturing Establishments'", International Economics and Finance Society, 2002

"On the Endogeneity of International Trade Flows and Free Trade Agreements", Midwest International Economics Conference, 2002

"The Growth of World Trade and Outsourcing", American Economic Association annual meeting, New Orleans, 2001

"The Growth of World Trade and Outsourcing", Austrian Institute for Economic Research in Vienna Conference, 2001

"On the Economic Determinants of Free Trade Agreements", Economics Department Seminar, West Virginia University, 2001

"On the Economic Determinants of Free Trade Agreements", Inaugural Conference of Regional Integration Network in Punta del Este, Uruguay, 2001

"On the Economic Determinants of Free Trade Agreements", Invited Lecture at the Austrian Institute of Economic Research in Vienna, 2001

"On the Economic Determinants of Free Trade Agreements", Invited Lecture at the German Institute of Economic Research in Berlin, 2001

"Comments on 'The Impact of Outsourcing to China on Hong Kong's Labor Market'", NBER Universities Research Conference on 'Labor in the Global Economy', 2001

"Is Bilateralism Good? On the Economics of Free Trade Agreements", European Trade Study Group Conference, University of Glasgow, 2000

"Is Bilateralism Good? On the Economics of Free Trade Agreements", Midwest International Economics Conference, University of Minnesota, Minneapolis, MN, 2000

"Is Bilateralism Good? On the Economics of Free Trade Agreements", Purdue University, West Lafayette, IN, 2000

"International Trade in Goods, Services and the Emerging Popularity of Regional Free Trade Agreements", American Economic Association annual meetings, New York City, 1999

"Nontradable Goods, Nonseparable Utility, and Global Portfolio Diversification", Multinational Finance Society annual meeting, Toronto, 1999

"Public Investments, Taxes, and Economic Growth"

"Comments on 'Decomposing the Growth of OECD Trade During 1970-1996'", Sixth Empirical Investigations in International Trade Conference, Purdue University, 1999

"Government Expenditures and Equilibrium Real Exchange Rates", University of Kentucky, Lexington, KY, 1999

"International Trade in Services, Regional Free Trade Agreements, and the WTO", World Services Congress, Atlanta, 1999

"The Growth and Regionalization of International Trade", American Economic Association annual meetings, Chicago, 1998

"Comments presented on 'Estimating the Knowledge-Capital Model of the Multinational Enterprise'"

"The Growth and Regionalization of International Trade", Joint conference of the Centre for Economic Policy Research and Lund University, in Lund, Sweden, 1998

Award
"Visiting Scholar", CESifo, 2006