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Preprints are early versions of research articles that have not been peer reviewed. They should not be regarded as conclusive and should not be reported in news media as established information.
Firm Structure, Market Structure, and Firm Dynamics of the Informal Sector in India: A Survey of Literature
preprintposted on 2022-06-03, 18:50 authored by Himadrija ChakrabortyHimadrija Chakraborty, Saumya ChakrabartiSaumya Chakrabarti
Despite the expected dissolution of the informal sector with growth, the ongoing emergence and expansion of this sector, especially in developing countries like India, has raised a vibrant theoretical and empirical discussion. This paper aims to survey the vast existing literature on the informal sector in India, focusing on sectoral and intra-sectoral aspects such as firm structure, market structure, and firm dynamics. From the literature, we could identify that competition, or lack of it, happens to be a crucial issue in analyzing the above-mentioned aspects. Contrary to this emphasis on the competition by both the orthodox and heterodox discourses, we try to identify the role of intra and extra-firm collaboration in the context of firm structure, market structure, and firm dynamics. However, the role of collaboration in these aspects is largely under-researched in the existing literature and thus could be a potential scope of future research in the informal sector.
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Lead author institutionVisva-Bharati University Santiniketan
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