We model the implications of the classical ideas that larger markets allow for a finer division of labor and this division feeds back into larger market size. Market size affects specialization due to firm-level increasing returns to scale arising from fixed costs of adopting...

The topic of my research is “Learning and Upgrading in Global Value Chains: An Analysis of India's Manufacturing Sector”. To analyse India's learning and upgrading through position, functions, specialisation & value addition of manufacturing GVCs, it is required to quantify the extent,...