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Becker Brown Bag Series
sponsored by Vishal Verma
Thursday, May 10, 2007, 12:00 PM - 1:00 PM
"Competition and Productivity"
In his talk, Chad Syverson focused on how market structure, firm structure, and firm productivity/profitability interact. Specific questions that were discussed included: Does competition force producers to be more efficient, and if so, through what mechanism? What market factors determine firm survival? Is a firm’s choice about whether it makes its own inputs or instead outsources them related to its efficiency?
Where
The GSB Charles M. Harper Center
Room 104
Lunch will be provided.
Who
Chad Syverson
NBER Faculty Research Fellow in the Productivity, Industrial Organization, and Economic Fluctuations and Growth programs.
Event Coverage
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Speaker Profiles
An Associate Professor in the Economics Department at the University of Chicago, where he has been on the faculty since 2001. His research spans several topics, with a particular focus on the interactions of firm structure, market structure, and productivity.
Examples of this research include investigations into how product differentiation and investors’ information costs impact the mutual fund industry; the effects of competition on firm productivity; how experts behave when serving their own interests directly as opposed to working for their clients; measuring the factors that determine businesses’ survival prospects; characterizing incumbent airlines’ reactions to threatened entry by low-cost competitors; measuring vertical integration’s productivity, price, and firm turnover impacts; exploring how e-commerce has reshaped retail markets; and explaining why vertically integrated firms operate larger factories.
Syverson is a NBER Faculty Research Fellow in the Productivity, Industrial Organization, and Economic Fluctuations and Growth programs. He has been awarded multiple National Science Foundation grants, and has also been a Visiting Scholar at the Minneapolis Federal Reserve Bank. He serves on the board of the Chicago Census Data Research Center. He received his doctorate from the University of Maryland in 2001, and spent 2000-01 at the Brookings Institution as a Dissertation Fellow.
