Person:
Nayyar, Gaurav

Equitable Growth, Finance, and Institutions
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Fields of Specialization
Economic growth, Structural transformation, India, Development Economics, International Economics
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Equitable Growth, Finance, and Institutions
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Last updated January 31, 2023
Biography
Gaurav Nayyar is a Senior Economist in the Equitable Growth, Finance and Institutions Vice Presidency at the World Bank, where he joined as a Young Professional in 2013. Previously, he was an Economics Affairs Officer in the Economic Research Division of the World Trade Organization, where he co-led the World Trade Report 2013, Factors Shaping the Future of World Trade. Gaurav’s research interests lie primarily in the areas of economic growth, structural transformation, trade, industrialization, and firm productivity, and he has published in a variety of academic journals on these issues. His previous books include Trouble in the Making? The Future of Manufacturing-Led Development (with Mary Hallward-Driemeier), and The Service Sector in India’s Development (published by Cambridge University Press). Gaurav holds a D.Phil in Economics from the University of Oxford, where he was a Dorothy Hodgkin Scholar. His other alma maters include the London School of Economics and Political Science, the University of Cambridge, and St. Stephen’s College, University of Delhi.

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    India's Services Sector Growth: The Impact of Services Trade on Non-tradable Services
    (World Bank, Washington, DC, 2022-06) Avdiu, Besart ; Bagavathinathan, Karan Singh ; Chaurey, Ritam ; Nayyar, Gaurav
    This paper examines the effect of tradable services growth on non-tradable services across Indian districts. The analysis uses a shift-share “Bartik-type” instrumental variable, which relies on changes in foreign demand shocks for tradable services, weighted by the initial district employment shares in tradable services. Using multiple rounds of the Indian Economic Censuses, the findings show that an increase in tradable services employment leads to an increase in non-tradable services employment and increases the number of firms in non-tradable services. The evidence suggests that this positive impact is due to an increase in consumer demand for local non-tradable services that results from the growth in tradable services employment, and not due to sectoral linkages between tradable and non-tradable services sectors. The employment impact is much larger for female workers compared to male workers, and for the number of female-owned firms relative to male-owned firms. Further, the employment impact is only significant for small non-tradable service firms.