dividing observed prices by the estimated markups. We use India's trade liberalization episode to examine how firms adjust …

developing economy--India--to investigate the relationship between declines in trade costs, the imports of intermediate inputs …

detailed firm-level data from India, we provide the first evidence on the patterns of multi-product firm production in a large …-section, multi-product firms in India look remarkably similar to their U.S. counterparts, confirming the predictions of recent … churning--particularly product rationalization -- is far less common in India. We thus find little evidence of quot …

of magnitude more markets, capture more of India's urban population, are more realistically jagged in shape, and reveal …