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...