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Dr. Helga Kristjánsdóttir Ph.D.
Sörlaskjóli 94
107 Reykjavík
Iceland
Mobile: 00-354- 848-1718
Email: helgakr@hi.is

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RESEARCH INTERESTS
Aluminum industry, foreign direct investment, renewable energy.

EDUCATION
2000 – 2004: Ph.D. in Economics, University of Iceland, Iceland.
Ph.D. Dissertation: Determinants of Exports and Foreign Direct Investment in a Small Open Economy.
2001 – 2003: Visiting Scholar at EPRU and CAM, University of Copenhagen, Denmark.
1999 – 2000: M.S. in Economics, Catholic University of Leuven, Belgium.
1993 – 1995: M.B.A. Boston College, United States.
1989 – 1992: B.S. in Economics, University of Iceland, Iceland.
WORKING EXPERIENCE
2007 – present: Researcher. Hagfelld ehf.
2012 – 2013: Researcher, Icelandic Tourism Research Centre.
2004 – 2008: Research Position, University of Iceland.
1997 – 1999: Economist, Iceland Telecom Ltd.
1996 – 1997: Economist, The Economic Development Fund of Southern Iceland.
1995 – 1996: Trader and Consultant, VIB Islandsbanki Securities Ltd.
1994: Economist, Ministry of Finance in Iceland.
1993: Economist, Ministry of Agriculture in Iceland.


MANAGEMENT EXPERIENCE
2009 – present. Member of the International Association for Energy Economics IAEE.
2009 – present. Peer Reviewer, European Science Foundation.
2008 – present. Member of the GEOthermal Research Group GEORG.
2008 – 2010. Academic Council: School for Renewable Energy Science RES.
2007 – 2011: Academic Council: Reykjavik Energy Graduate School of Sustainable Systems REYST.
2008 – 2009. Board: Foreign Affairs Committee of the Icelandic Independence Party.
2008 – 2009. Steering Committee: Funding Campaign, University of Iceland.
2008 Steering Committee: Policy Project Cooperation between the University of Iceland and Iceland Telecom.
1997 – 2001: Board: The Icelandic International Development Agency ICEIDA.
1998 – 2000: Board: Young Atlantic Treaty Association in Iceland.
1995 – 1997: Board: National Youth Organization, Icelandic Independence Party.

TEACHING EXPERIENCE
Interdisciplinary Project Course M-6 REY204F. REYST energy university. Spring 2011. Graduate level (In English).
Introduction to Energy Economics M-4 REY103F. REYST energy university. Fall 2010. (supervisor) Graduate level (In English).
Interdisciplinary Project Course M-6 REY204F. REYST energy university. Spring 2010. Graduate level (In English).
Introduction to Energy Economics M-4 REY103F. REYST energy university. Fall 2009. (supervisor)  Graduate level (In English).
Interdisciplinary Project Course M-6 REY204F. REYST energy university. Spring 2009. Graduate level (In English).
Introductory Field Trip M-1. REYST energy university. Fall 2008 (supervisor) Graduate level (In English). 
Introduction to Energy Economics M-4 REY103F. REYST energy university. Fall 2008. (supervisor) Graduate level (In English). 
Economic Seminars 04.53.20. University of Iceland. Spring 2008. Undergraduate level. 
International Economic Issues 302.3.0.AHAG. Bifröst University. Fall 2007. Undergraduate level (In English).
International Economics 04.53.01. University of Iceland. Fall 2007. Undergraduate level.
Research Techniques RAA3105. University of Akureyri. Fall 2007. Graduate level.  
Statistics 04.51.04. University of Iceland. Fall 2005. Undergraduate level.
Economics 10.09.61. University of Iceland. Fall 2005. Undergraduate level.




Thesis Supervision
External examiner for two M.Sc. Thesis. School for Renewable Energy Science RES. February 2011. Hannes Arnórsson, Donald Leake.

Supervision of two M.Sc. students. Reykjavik Energy Graduate School of Sustainable Systems REYST 2010-2011. Níels Sveinsson, Sævar Birgisson.



Supervision of one B.A. econ. student Economics. University of Iceland. Spring 2010.

Sverrir Kristján Þorvaldsson.



Supervision of two M.Sc. students. Reykjavik Energy Graduate School of Sustainable Systems REYST 2009-2010. Elísabet Vilborg Ragnheiðardóttir, Árni V. Pálmason.

External examiner for two M.Sc. Thesis. School for Renewable Energy Science RES. February 2009. Magda Kozak, Jan Krawczyk.

Supervision of six B.S. econ. students Economics. University of Iceland. Spring 2008.

Arna Varðardóttir, Elfar Hrafn Árnason, Freyr Tómasson, Garðar Stefánsson, Sigríður Harðardóttir, Sindri Ólafsson.



Supervision of one M.A. student. Business Department. Bifröst University. 2007-2008.

Inga Rósa Loftsdóttir.



External examiner for one M.S. student. thesis. University of Iceland. October 2004.

Arnar Þór Sveinsson.




RESEARCH
Dissertations
• Kristjánsdóttir H. (2004). Ph.D. Dissertation. Determinants of Exports and Foreign Direct Investment in a Small Open Economy. University of Iceland. Prentgarður, Reykjavík, pages 186.
• Kristjánsdóttir H. (2000). M.S. Dissertation. Evaluation of Icelandic Trade Flows, the Gravity Model Approach. Catholic University of Leuven, Belgium, pages 46.

Refereed Books, International
• Kristjánsdóttir H. (in progress). Business and Economic Perspectives of the Power Intensive Industries; Micro and Macro Issues. Springer, Cham, Switzerland.
• Kristjánsdóttir H. (in progress). Sustainable Energy, Technology and Investment in Iceland - The Macroeconomics of Harnessing Earth's Energy Resources, Springer, New York, United States.

Refereed Book Chapters, International
• Kristjánsdóttir H, Margeirsson Á. (2012). Geothermal Cost and Investment Factors, in Comprehensive Renewable Energy, edited by Sayigh A, Volume 7, pp. 259-270. Elsevier, Oxford.

Refereed Book Chapters, Icelandic
• Kristjánsdóttir H. (2006). Ísland, vel í sveit sett. Níutíu raddir. Editor Inga Jóna Þórðardóttir. Gutenberg, Reykjavík. September: 139-141.

Refereed Journal Articles, International
• Kristjánsdóttir H, Óskarsdóttir S. (under review). Do Countries Benefit From Trade-Bloc Membership? Review of International Economics.
• Kristjánsdóttir H. (under review). Can the Butler’s TALC model be applied to find the maximum tourism level? World Economy.
• Kristjánsdóttir H. (under review). Foreign Direct Investment in the Hospitality Industry in Iceland and Norway in comparison to the Nordics and a range of other OECD countries. Scandinavian Journal of Hospitality and Tourism.
• Kristjánsdóttir H. (under review). The Longitude and Latitude of Trading in Tourists. Journal of Rural Studies.
• Kristjánsdóttir H. (under review). What Makes the Nordic Countries so Competitive? World Economy.
• Kristjánsdóttir H. (2013). Foreign Direct Investment in a Small Open Economy. Applied Economics Letters. Taylor & Francis. 20(15): 1423-1425.
• Kristjánsdóttir H. (2012). Talking Trade or Talking Aid? Does Investment Substitute for Aid in the Developing Countries? Open Journal of Economic Research. 2(2): 3-20.
• Kristjánsdóttir H. (2012). Substitution Between Inward and Outward Foreign Direct Investment. Public and Municipal Finance. 1(2): 23-28.
• Kristjánsdóttir H. (2012). Exports From a Remote Developed Region: Analyzed by an Inverse Hyperbolic Sine Transformation of the Gravity Model. The World Economy. 35(7): 953-966.
• Kristjánsdóttir H. (2012). Knowledge is Power: Knowledge-Capital Model in the Management of Power Intensive Industries. International Journal of Energy Sector Management. 6(1): 91–119.
• Ragnheiðardóttir E, Sigurðardóttir H, Kristjánsdóttir H, Harveyd W. (2011). Opportunities and challenges for CarbFix: An evaluation of capacities and costs for the pilot scale mineralization sequestration project at Hellisheidi, Iceland and beyond. International Journal of Greenhouse Gas Control. 5(4): 1065–1072.
• Kristjánsdóttir H. (2010). Foreign Direct Investment: The Knowledge-Capital Model and a Small Country Case. Scottish Journal of Political Economy. 7(5): 591–614.
• Davies RB, Kristjánsdóttir H. (2010). Fixed Costs, Foreign Direct Investment, and Gravity with Zeros. Review of International Economics 18(1): 47–62.
• Davies RB, Ionascu D, Kristjánsdóttir H. (2008). Estimating the Impact of Time-Invariant Variables on FDI with Fixed Effects. Review of World Economics. 144(3): 381-407.

Refereed Conference Proceedings
• Kristjánsdóttir H. (2008). Allocation of Public and Private Goods within the Household. University of Iceland. Rannsóknir í félagsvísindum IX: 255-263.
• Kristjánsdóttir H. (2007). Hot on a Cold Trail: Competitiveness of the Nordic Countries. University of Iceland. Rannsóknir í félagsvísindum VIII: 269-286.
• Davies RB, Kristjánsdóttir H. (2006). Fixed Costs, Foreign Direct Investment, and Gravity with Zeros. University of Iceland. Rannsóknir í félagsvísindum VII: 281-292.


Non-Refereed Conference Proceedings
• Kristjánsdóttir H, Óskarsdóttir S. (2012). What Determines the Inflow of Foreign Direct Investment? Rannsóknir í félagsvísindum XIII.
• Kristjánsdóttir H. (2011). Determinants of Household Allocation of Income in Iceland. University of Iceland. Rannsóknir í félagsvísindum XII: 17-22.
• Kristjánsdóttir H. (2010). Government Transfers to Families with Children. University of Iceland. Rannsóknir í félagsvísindum XI: 57-62.
• Sigfúsdóttir S, Kristjánsdóttir H. (2010). Family Consumption and Time Use. University of Iceland. Rannsóknir í félagsvísindum XI: 73-78.

Working Papers
• Icelandic Development Assistance a Comparative Assessment with Sverrir Kristján Thorvaldsson. IoES Working Paper Series. University of Iceland. No. W10:05. ISSN 1011-8888. December 2010. 
• Why are the Northern Lights so Bright? What Makes the Nordics so Competitive?
IBR Working Paper Series. University of Iceland. No. W08:01. ISSN 1670-7168. April 2008. 
• Exports Under the Flicker of the Northern Lights. Economics-Ejournal. April 14. 2008.
• Determinants of Nordic Competitiveness. SA-Confederation of Icelandic Employers. February 2008.
• Estimating the Impact of Time-Invariant Variables on FDI with Fixed Effects with Ronald Davies and Delia Ionascu. University of Oregon Economics Department Working Papers. No. UO-2007-8. May 2007.
• Talking Trade or Talking Aid? Does Investment Substitute for Aid in the Developing Countries? IoES Working Paper Series. University of Iceland. No. W07:02. ISSN 1011-8888. May 2007. 
• Geysir Víking Land: Saga. IBR Working Paper Series. University of Iceland. No. W07:03. ISSN 1670-7168. May 2007. 
• Substitution Between Inward and Outward Foreign Direct Investment. IoES Working Paper Series, University of Iceland. No. W06:12. ISSN 1011-8888. December 2006.
• Evaluation of Icelandic Trade Flows, the Gravity Model Approach. IoES Working Paper Series, University of Iceland. No. W06:11. ISSN 1011-8888. December 2006.
• Fixed Costs, Foreign Direct Investment, and Gravity with Zeros with Ronald Davies. University of Oregon Economics Department Working Papers. University of Oregon. No. UO-2006-17. June 2006.
• A Gravity Model for Exports from Iceland. CAM Working Paper Series, University of Copenhagen. No. 2005-14. September 2005.
• Determinants of Foreign Direct Investment in Iceland. CAM Working Paper Series, University of Copenhagen. No. 2005-15. September 2005.
• The Knowledge-Capital Model and Small Countries. EPRU Working Paper Series, University of Copenhagen. No. 2005-09. ISSN 0908-7745. September 2005.
• What Drives Sector Allocation of Foreign Direct Investment in Iceland. EPRU Working Paper Series, University of Copenhagen. No. 2005-08. ISSN 0908-7745. September 2005. 

Abstract
• Kristjánsdóttir H. (2012). The Nordic Countries in an International Comparison. University of Akureyri. 6. Ráðstefnan um rannsóknir á íslensku þjóðfélagi. Page 18.

Posters
• Investment in a Small Remote Economy.  University of Iceland. Rannsóknir í félagsvísindum XII. October 28. 2011.
Government Transfers in the Nordic Countries. University of Iceland. Rannsóknir í félagsvísindum XI. October 29. 2010.
Family Consumption and Time Use. University of Iceland. Rannsóknir í félagsvísindum XI. With Sif Sigfúsdóttir. October 29. 2010.
Foreign Direct Investment and the XTFEVD Method Reykjavik Energy. UOOR Conference. May 14. 2010.
Foreign Direct Investment and Fixed Cost Reykjavik Energy. UOOR Conference. May 14. 2010.
Income Allocation of Icelandic Homes and Main Influencing Factors. University of Iceland. Rannsóknir í félagsvísindum X. October 30. 2009.
What Drives Sector Allocation of Foreign Direct Investment? University of Iceland. Rannsóknir í félagsvísindum X. October 30. 2009.
A Gravity Model for Exports from Iceland. University of Iceland. Rannsóknir í félagsvísindum X. October 30. 2009.
Consumption Division of Icelandic Households and Main Determinants. University of Iceland. Rannsóknir í félagsvísindum X. October 30. 2009.
The Latitude and Longitude of Nordic Competitiveness. University of Iceland. Rannsóknir í félagsvísindum IX. October 24. 2008.
Strengths and Weaknesses of Sweden. University of Iceland. Rannsóknir í félagsvísindum IX. October 24. 2008.
Recent Developments in the Norwegian Economy. University of Iceland. Rannsóknir í félagsvísindum IX. October 24. 2008.
Denmark, What Needs Improvement, and What Not? University of Iceland. Rannsóknir í félagsvísindum IX. October 24. 2008.
Finland, Competitiveness Development. University of Iceland. Rannsóknir í félagsvísindum IX. October 24. 2008.
Cool Under Fire? The Icelandic Economy. University of Iceland. Rannsóknir í félagsvísindum IX. October 24. 2008.
Foreign Direct Investment, Culture and Fixed Effects. University of Iceland. Rannsóknir í félagsvísindum VIII. December 7. 2007.
Can FDI Replace AID to Some Degree in the Developing Countries? University of Iceland. Rannsóknir í félagsvísindum VIII. December 7. 2007.
Flow of Foreign Direct Investment into Iceland. University of Iceland. Rannsóknir í félagsvísindum VII. October 27. 2006.

Cited References • Total of 12 citations on the ISI Web of Knowledge as of June 1, 2014.

Presentations
Seminar. Rannsóknir í félagsvísindum XIII. University of Iceland. What Determines the Inflow of Foreign Direct Investment? October 26. 2012.
Seminar. Ferðaþjónusta í byggðum landsins. Efnahagsleg áhrif – atvinnulíf – innviðir. The Icelandic Tourism Research Centre. Rannsóknasetur Háskóla Íslands á Hornafirði. September 20. 2012.
NOITS Conference. University of Iceland. Pre- and Post-Crisis FDI in Iceland and Ireland, in an International Comparison: Gravity and Geography. May 12. 2012. • Seminar. 6. Ráðstefnan um rannsóknir á íslensku þjóðfélagi. University of Akureyri. The Nordic Countries in an International Comparison. April 20. 2012.
Seminar. Rannsóknir í félagsvísindum XII. University of Iceland. Determinants of Household Allocation of Income in Iceland. October 28. 2011.
Keynote speaker. Conference on Energy Issues. Reykjavik University.
Mat á flæði beinnar erlendrar fjárfestingar í orkufrekan iðnað á Íslandi. May 13. 2011.
Seminar. Rannsóknir í félagsvísindum XI. University of Iceland.
Family Consumption and Time Use. October 29. 2010.   
Seminar. Rannsóknir í félagsvísindum XI. University of Iceland. Government Transfers to Families with Children. October 29. 2010. 
Seminar. Rannsóknir í félagsvísindum IX. University of Iceland. Allocation of Public and Private Goods within the Household. October 24. 2008.   
Seminar. Reykjavik Energy Graduate School of Sustainable Systems.  Determinants of Competitiveness. August 27. 2008.
Seminar. Business and Economic Faculty. University of Iceland. The Heat Is On: Issues of Nordic Competitiveness. January 17. 2008. 
Seminar. Business and Economic Faculty. University of Iceland
Highlights of High Competitiveness. January 9. 2008. 
Keynote speaker. Ministry of Commerce. Iceland.  Ice Breaking FDI. December 20. 2007
Seminar. Rannsóknir í félagsvísindum VIII. University of Iceland. Hot on a Cold Trail: Competitiveness of the Nordic Countries. December 7. 2007. 
1st Nordic Summer Symposium in Macroeconomics. IIES Stockholm University. Smögen Sweden. August 8-11. 2007.
CESifo workshop. Venice International University. Italy. July 20-21. 2007.
NOITS Conference. Department of Economics. Stockholm University. Sweden. What Unbiased Estimates for Time-Invariant Variables Reveal about the Effect of Distance on Foreign Direct Investment. May 19. 2007.
Seminar. Rannsóknir í félagsvísindum VII. University of Iceland. Fixed Costs, Foreign Direct Investment, and Gravity with Zeros. October 27. 2006.
NOITS Conference. Business and Economic Faculty. University of Iceland. Substitutability Between FDI and Aid. May 13. 2006.
Research Overview Presentation. The Icelandic Centre for Research. Investment and Export Evolution, Gravity and Knowledge. February 8. 2006.
Seminar. Business and Economic Faculty. University of Iceland.
The Role of Threshold Costs in Foreign Direct Investment. October 19. 2005.
Seminar. The Ministry of Industry and Commerce. Iceland.
Iceland: Exports and Investment. November 4. 2004
Keynote speaker. Ministry for Foreign Affairs and the Trade Council. Iceland. Driving Forces of Exports and Investment in Iceland. September 3. 2004.
PhD Defense. Business and Economic Faculty. University of Iceland.
Determinants of Exports and Foreign Direct Investment in a Small Open Economy. June 16. 2004.
General Conference. Scandinavian Academy of Management. Iceland.
The Knowledge-Capital Model and Small Countries: The Case of Iceland. August 15. 2003.
PhD Conference. Scandinavian Academy of Management. Iceland.
How is Foreign Direct Investment Affected by Knowledge? August 13. 2003.
PhD Seminar. Business and Economic Faculty. University of Iceland. Iceland. The Knowledge-Capital Model and Small Countries. April 16. 2003.
CAM Seminar. Centre for Applied Microeconometrics. University of Copenhagen. Denmark. Determinants of Foreign Direct Investment in Iceland. March 25. 2003.
PhD Seminar. Department of Economics. University of Copenhagen. Denmark What Drives Sector Allocation of Foreign Direct Investment in Iceland? March 13. 2003.
DGPE Economics Workshop. Korsør. Denmark. A Knowledge-Capital Model, same for Small as Large Countries? November 15. 2002.
Overview Meeting. CEPR Research Training Network. London. United Kingdom. CEPR Research Training Network Overview. August 28. 2002.
NOITS Conference. Department of Economics. Stockholm University. Sweden. A Panel Data Analysis of Foreign Direct Investment in Iceland. May 26. 2002.
CEPR Conference. Tel-Aviv University and Bank of Israel. Tel-Aviv. Israel. FDI and Equity. May 15. 2002.
CAM Seminar. Centre for Applied Microeconometrics. University of Copenhagen. Denmark. The Source of Foreign Direct Investment in Iceland. February 26. 2002.
CAM Seminar. Centre for Applied Microeconometrics. University of Copenhagen. Denmark. A Gravity Model for Iceland. December 4. 2001.
PhD Seminar. Department of Economics. University of Copenhagen. Denmark. Is Foreign Direct Investment Driven by a Gravity Force? November 15. 2001.

INTERVIEWS • RUV - The Icelandic National Broadcasting Service, on value added tax (VAT) in the tourism industry, news at 6 pm and 7 pm, August 14, 2012. http://www.ruv.is/sarpurinn/frettir/14082012/skattur-verdur-sa-haesti-i-evropu http://www.ruv.is/sarpurinn/kvoldfrettir/14082012-1
• RUV - The Icelandic National Broadcasting Service, on the EU application of Iceland, news at 7 pm, July 16, 2009. • University of Iceland, Introduction Magazine. February 21. 2009. • Morgunblaðið. January 7. 2008. • Morgunblaðið. May 25. 2006. • Morgunblaðið. November 17. 2005. • Morgunblaðið. August 26. 2004.


MISCELLANEOUS
Comprehensive Renewable Energy was awarded the PROSE Award 2012, Reference Work: Best Multivolume Reference/Science, by the American Association of Publishers.
Advanced course on Starting and Operating Small Businesses by Lexista Ltd. law-firm. November 2010.
Post Doc Grant. The Icelandic Research Fund (RANNÍS). 2006-2008.
Post Doc Grant. Century Aluminum (Norðurál). 2006-2008.
Post Doc Grant. Reykjanes Power Plant (Hitaveita Suðurnesja). 2006-2008.
Post Doc Grant. Reykjavik Energy (Orkuveita Reykjavíkur). 2007.
Advanced course on university teaching and presentation skills by the University of Iceland. 2006.
Intensive Program. Macroeconometric Modeling. EcoMod Modeling School. Brussels. Belgium. July 11-16. 2005.
Mobility Scholarship to study in Copenhagen. Nordic Academy of Advanced Study (NORFA). October 1 - December 30. 2003.
PhD Course with Assaf Razin on International Macroeconomics. Gerzensee. Switzerland. July 29-August 2. 2002.
PhD Course with Ronald Davies on International Trade and Investment. Copenhagen. Denmark. 2002.
Research visit to Institute for International Economic Studies Stockholm. Sweden. November 2002.
Research visit to Tilburg University. Tilburg Netherlands. June 2002.
PhD Grant. Graduate Education Fund. Icelandic Centre for Research (RANNÍS). 2001-2003.
PhD Student Grant. Icelandic Student Innovation Fund. 2001.
PhD Student Grant. Trade Council of Iceland. 2000.
Student Grant Award. Chamber of Commerce in Iceland. 2000.
Research Assistantship. Boston College. U.S.A. 1994-1995.
Research Assistantship. Institute of Economic Studies. University of Iceland. 1992-1993.
Referee: Applied Economics, China Economic Review, European Economic Review, International Journal of Energy Sector Management, Resource and Energy Economic, European Science Foundation (peer reviewer).

COUNTRIES VISITED


Austria, Belgium, Canary Islands, China, Cyprus, Denmark, Egypt, Estonia, Faeroe Islands, Finland, France, Germany, Gibraltar, Greece, Greenland, Hungary, Ireland, Israel, Italy, Luxembourg, Madeira, Malawi, Morocco, Mozambique, Namibia, Netherlands, Norway, Poland, Portugal, Russia, South Africa, Spain, Sweden, Switzerland, Turkey, United Kingdom, United States.



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