This paper examines the impact of the deregulation of compulsory industrial licensing in India on firm size dynamics … and reallocation of resources within industries. Following deregulation, resource misallocation declines and the left … deregulation on firm size are significantly non-linear. The reallocation of market shares toward a small number of large firms and …

This paper examines the impact of the deregulation of compulsory industrial licensing in India on firm-size dynamics … and the reallocation of resources within industries over time. Following deregulation, we find that the extent of resource … regressions reveal that the distributional effects of deregulation on firm size are significantly non-linear. The size …

This paper examines the impact of the deregulation of compulsory industrial licensing in India on firm-size dynamics … and the reallocation of resources within industries over time. Following deregulation, we find that the extent of resource … regressions reveal that the distributional effects of deregulation on firm size are significantly non-linear. The size …

How do restrictions on entry and output affect aggregate productivity? I propose and implement a simple methodology … licensing in India. The licensing policy was notably reformed in the mid-1980s, and I take advantage of this policy experiment …