The paper intends to study the relationship between firm size and growth, effects of entry-deterrent-strategies (EDS) on firms’ size distribution (FSD) and determining factors of inequality of firm sizes. One approach is the ‘Law of Proportionate Effect’ (LPE) hypothesis by Gibrat (1931),...

The industry and trade policy regimes in India have witnessed drastic changes since 1991. The dismantling of the industrial licensing system and thereby allowing free entry to and exit from the industry of firms in 1991 followed by the WTO induced trade liberalization leading to substantial...

The industry and trade policy regimes in India have witnessed drastic changes since 1991. The dismantling of the industrial licensing system and thereby allowing free entry to and exit from the industry of firms in 1991 followed by the WTO induced trade liberalization leading to substantial...