University of Chicago, USA
IZA World of Labor role
Author
Current position
J. Baum Harris Professor of Economics, Booth School of Business, University of Chicago, USA
Research interest
Productivity, industrial organization
Positions/functions as a policy advisor
Consultant to World Bank and Inter-American Development Bank
Qualifications
PhD in Economics, University of Maryland
Selected publications
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“Vertical integration and input flows.” American Economic Review (Forthcoming) (with E. Atalay and A. Hortaçsu).
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“Toward an understanding of learning by doing: Evidence from an automobile plant.” Journal of Political Economy 121:4 (2013): 643–681 (with S. Levitt and J. A. List).
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“What determines productivity?” Journal of Economic Literature 49:2 (2011): 326-365.
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“Reallocation, firm turnover, and efficiency: Selection on productivity or profitability?” American Economic Review 98:1 (2008): 394–425 (with L. Foster and J. Haltiwanger).
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“Market structure and productivity: A concrete example.” Journal of Political Economy 112:6 (2004): 1181–1222.
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The importance of measuring dispersion in firm-level outcomes
Ignoring the large variation in firm-level outcomes can create misunderstandings about the consequences of many policies
Chad Syverson, May 2014Recent research has revealed enormous variation in performance and growth among firms, which both drives and is driven by large reallocations of inputs and outputs across firms (churning) within industries and markets. These differences in firm-level outcomes and the associated turnover of firms affect many economic policies (both labor- and non-labor-oriented), on both a microeconomic and a macroeconomic scale, and are affected by them. Properly evaluating these policies requires familiarity with the sources and consequences of firm-level variation and within-industry reallocation.MoreLess