Parliament Today:
Product Diversification in Indian Manufacturing ? discussion paper from the Centre for Economic Performance
8 November 2017
The Centre for Economic Performance has published a discussion paper entitled 'Product Diversification in Indian Manufacturing.'The abstract states: The presence of global value chains challenges the neoclassical idea of the firm since it implies firms are not monolithic but are rather interdependent on the larger economic environment. Examining establishments, the smallest units of production within firms, sheds light on the microeconomic incentives determining the location of production and whether a firm produces a good or sources it.