Does GDP composition affect GDP growth and volatility? Typically, economies at advanced stages of development grow … volatility are the same in manufacturing and services at the gross output level, the larger intensity of intermediate goods in … gross output production in manufacturing implies a larger growth and volatility of TFP at the value added level in …

Data quality in the Penn World Tables varies systematically across countries that have different growth rates and at … in growth convergence regressions but serious in estimating the effect of growth volatility on the average growth rate …