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 investigate the determinants of the capital structure of Brazilian companies between 2000 and 2009. We use a quantile regression model and compare its results with the ones provided by conventional models (least squares and fixed effects). We show that the effects of the capital structure...