Is the US Undercounting Manufacturing Productivity Growth?
Consumer prices indicate that manufacturing output has been far more impressive than generally believed.
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Biography
Chad Syverson is the George C. Tiao Distinguished Service Professor of Economics at the University of Chicago Booth School of Business. He has been on the University of Chicago faculty since 2001. He also serves as Deputy Director of the Becker Friedman Institute for Economics at the university.
His research spans several topics, with a particular focus on the interactions of firm structure, market structure, and productivity. Syverson has authored or coauthored dozens of scholarly articles and is the coauthor (with Austan Goolsbee and Steve Levitt) of intermediate-level textbook, Microeconomics. Syverson is a former editor of the Journal of Political Economy, a Distinguished Fellow of the Industrial Organization Society, a Fellow of the Econometric Society, a research associate of the National Bureau of Economic Research, and has served on multiple National Academies committees. He teaches classes in industrial organization.
Syverson received a PhD in economics from the University of Maryland in 2001. Before that, he earned bachelor's degrees in economics and mechanical engineering from the University of North Dakota in 1996.
Research Interests
Interactions of firm structure, market structure, and productivity.
Academic Areas
- Microeconomics
Selected Publications
“Markups and Markdowns.” in Annual Review of Economics, forthcoming.
“Productivity Gaps and Job Flows: Evidence from Censal Microdata.” (with Elías Albagli, Mario Canales, Matías Tapia, Juan Wlasiuk) in Economic Journal, February 2025.
Microeconomics, 4th Ed. (with Austan Goolsbee and Steve Levitt), Worth, 2024.
“The Anatomy of a Hospital System Merger: The Patient Did Not Respond Well to Treatment.” (with Martin Gaynor, Adam Sacarny, Raffaella Sadun, Shruthi Venkatesh) in Review of Economics and Statistics, forthcoming.
“Monopsony Power in Higher Education: A Tale of Two Tracks.” (with Austan Goolsbee) in Journal of Labor Economics, 41(1), (October 2023): S257-S290.
“An Industrial Organization Perspective on Productivity.” (with Jan De Loecker), in Handbook of Industrial Organization, Vol. 4, Kate Ho, Ali Hortaçsu, and Alessandro Lizzeri, eds., Amsterdam: North Holland, 2021.
“Product Innovation, Product Diversification, and Firm Growth: Evidence from Japan’s Early Industrialization.” (with Serguey Braguinsky, Atsushi Ohyama, and Tetsuji Okazaki), American Economic Review, 111(12), (December 2021), 3795-3826.
“Fear, Lockdown, and Diversion: Comparing Drivers of Pandemic Economic Decline 2020.” (with Austan Goolsbee), Journal of Public Economics, 193, (January 2021).
“The Productivity J-Curve: How Intangibles Complement General Purpose Technologies (with Erik Brynjolfsson and Daniel Rock), American Economic Journal: Macroeconomics, 13(1), (January 2021), 333-72.
For a listing of research publications, please visit the university library listing page.
2025 - 2026 Course Schedule
2026 - 2027 Course Schedule
Get Insights from Chad Syverson in Chicago Booth Review
How Takeout and Delivery Boost Productivity
How have takeout and delivery transformed the economics of the food industry?
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Why Are Home Prices So High?
Chicago Booth’s Chad Syverson talks about his research on the weak link between building costs and home prices.
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