Several earlier studies have observed that the size structure of Indian manufacturing is characterized by the ‘missing middle’ phenomenon – a relatively low appearance/occurrence of middle-size industrial enterprises among industrial enterprises of different size classes. The authors of...

The post-1991 pro-market reforms in India are expected to reduce price-cost margins in industries, lower inter-firm productivity dispersion, increase export intensity of firms, and cause changes in the size structure and industrial composition. But, barring the increase in export intensity, the...

We evaluate the welfare effects of differential pricing, voluntary licensing, and compulsory licensing in the Indian market for oral anti-diabetic (OAD) drugs. This market includes a new class of molecules called DPP-4 inhibitors, all of which are under patent protection in India. The Indian...

Do upstream research shocks directly and contemporaneously impact related but disconnected downstream product markets? We explore this question using a natural experiment involving the New Delhi Metallo-Beta-Lactamase 1 superbug pathogenic outbreak in India. Using a difference-in-differences...

This paper examines the relationship between exogenous demand shock and market structure in India’s influenza vaccine markets. Using a novel dataset of detailed purchasing information for vaccines in India, and exploiting the 2009-10 global H1N1 pandemic as an exogenous demand shock, we...

This paper examines the relationship between exogenous demand shocks and market structure in India’s influenza vaccine markets. Using a novel dataset of detailed purchasing information for vaccines in the country, and exploiting the occurrence of the 2009-10 global H1N1 pandemic as an...