Jeffrey I. Bernstein

Professor

Telephone: (305) 348 2592

Email: Jeffrey.Bernstein@fiu.edu

RePEc handle: pbe327

PhD: University of Western Ontario, 1974.

Joined the faculty in 2006.

Fields: Industrial organization, industry studies, and regulation; microeconomics, production and investment; technological change, innovation and productivity.

Jeffrey Bernstein’s research interests broadly focus on applied microeconomics and industrial economics. Specifically his recent research deals with issues related to productivity growth, R&D investment, and issues of market power and costing in network industries. His research on productivity in regulated industries has been extended in two directions: i) the role of marginal costs in determining the productivity offset when a sub-group of a firm’s services, such as wholesale services, are subject to price caps, ii) the implications of market share variability for the measurement of the optimal offset. In the R&D area Bernstein has turned his attention to the development of a framework in which R&D depreciation rates can be estimated.  With these depreciation rates it is then possible to provide a more accurate measure of society’s capital stock by including estimates of intangible capital arising from the investment in R&D activities. Network industries often undertake large-scale capital expenditures that result in irreversible investment. Bernstein has developed a method of capital evaluation which accounts for the cost of irreversible or stranded investment in these industries.     

Jeffrey Bernstein  is a Research Associate in the Productivity Program of the National Bureau of Economic Research. He is on the editorial boards of the Journal of Productivity Analysis, The Journal of Regulatory Economics and The International Productivity Monitor, and is also a member of the Canberra II Group of the OECD.