Product diversification and stability of employment and sales: first evidence from German manufacturing firms

Nils Braakmann; Joachim Wagner

Product diversification and stability of employment and sales: first evidence from German manufacturing firms

Research output: Working paper › Working papers

Abstract

We use a unique rich newly built data set for German manufacturing enterprises to investigate the relationship between product diversification and the stability of sales and employment. We find that contrary to portfolio theoretic considerations more diversified firms exhibit a higher variability of sales and employment. However, the effects are negligibly small from an economics point of view.

Original language	English
Place of Publication	Lüneburg
Publisher	Institut für Volkswirtschaftslehre der Universität Lüneburg
Number of pages	21
Publication status	Published - 2009

Bibliographical note

Literaturverz. S. 12 - 13 : Version: February 16, 2009

Research areas and keywords

Economics
Product diversification
stability
variability
Germany

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KW - variability

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Product diversification and stability of employment and sales: first evidence from German manufacturing firms

Abstract

Bibliographical note

Research areas and keywords

Access to Document

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Cite this