Emily Blanchard

Associate Professor of Business Administration


Emily Blanchard is an Associate Professor at the Tuck School of Business at Dartmouth College and a Research Fellow with the Center for Economic Policy Research.

Professor Blanchard's research lies at the intersection of international economics and public policy.  Through one longstanding research agenda, she explores how foreign investment and global value chains are changing the role of trade and trade agreements in the 21st century.   A second body of her work centers on the interaction of globalization and education, and examines how these forces shape political and economic outcomes within and across countries.  Her research is published in leading economics journals, including the Review of Economic Studies, Journal of International Economics, and the Review of Economics and Statistics. She is frequently called upon to collaborate with the policy community, and has worked with the World Trade Organization, World Bank, UNIDO, Institute for Research on Public Policy, and others.

An award-winning teacher, Professor Blanchard offers the core course Global Economics for Managers and a research to practice seminar on firms and international economic policy.  In 2017, she co-led a pilot experiential course on regional economic development in Mississippi.  Prior to joining the Tuck faculty, Blanchard was an assistant professor of economics at the University of Virginia, where she taught graduate micro theory and international trade. She graduated with honors in Economics from Wellesley College and earned MSc. and Ph.D. degrees in Economics from the University of Wisconsin-Madison.

Recent Highlights

Carry-Along Trade  //

In a forthcoming article in the Review of Economic Studies, Bernard, Blanchard, Van Beveren, and Vandenbussche uncover the widespread practice of "Carry-Along Trade" by Belgian manufacturing firms.  Their work reveals that extensive-margin sourcing of final goods is an important practice among most manufacturing exporters, and particularly among the largest and most productive firms.  Their work demands a fresh look at the sources of firm-level sucess, including demand-side drivers and ready access to arms-length suppliers and distribution networks.  

Global Value Chains and Trade Policy  //

Blanchard, Bown, and Johnson develop a new technique for understanding and measuring the effect of global production fragmentation on trade policy. Applying their framework to sector-level panel data for 20 years and 14 major economies, they find that global value chain trade has reduced tariff barriers both by increasing the use of bilateral trade preferences and by discouraging the use of temporary trade barriers, especially against China.    Read the working paper here. 

Renegotiating NAFTA  //

As part of a collaboration by leading economists to understand the explain potential changes in economic policy under the Trump administration, Blanchard explains how NAFTA has redefined how and where products are made. Deeply intertwined regional value chains complicate the distribution of losses and gains from trade.  Abandoning NAFTA, therefore could cause costly disruptions to the North American economy -- not least for American firms and workers. 

Export Composition Drives Educational Attainment  //

In a recent article, Blanchard and Olney demonstrate that what a country exports is an important driver of long run aggregate educational attainment. Tracking 102 countries over 45 years, they find that increasing a country's exports of skill-intensive manufactured goods caused educational attainment to rise over time compared to other countries, while expanding exports of agriculture or basic manufacturing caused a relative decline in a country's educational attainment. Their findings suggest that some types of exports may be better than others for boosting economic growth. 

Trade, Education, and the Shrinking Middle Class  //

Blanchard and Willmann develop a new framework to understand how educational institutions shape comparative trade and the distribution of human capital within and across countries. Their work suggests that the hollowing out of the middle class may stem in part from differences in the relative cost of educational attainment across countries, and recommends education funding over trade protection as a means to bolster the middle class.  Download the PDF







  • PhD, MSc. Economics, University of Wisconsin-Madison
  • AB, Wellesley College

Academic Coordinator

Geoff Gunning