This paper asks how do small firms behave and what is their role in Indian economic development. It examines aggregate descriptions of small firms in India: their role in economic development, the industry by industry variation in their relative importance and the size structure of industry. Carefully distinguishing aggregate relationships from those of the firm, several theoretical and empirical issues are taken up. The small firms' response to government policy is also examined.
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Paper provided by Rutgers University, Department of Economics in its series Departmental Working Papers with number
199404.
Find related papers by JEL classification: L20 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - General L50 - Industrial Organization - - Regulation and Industrial Policy - - - General O12 - Economic Development, Technological Change, and Growth - - Economic Development - - - Microeconomic Analyses of Economic Development
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