Deregulation, Misallocation, and Size: Evidence from India
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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 misallocation declines and a considerable thickening of the
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美国国家经济研究局创建时间：
2012-12-01
