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

Publikation: Arbeits- oder Diskussionspapiere und BerichteArbeits- oder Diskussionspapiere

Authors

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. -- Product diversification ; stability ; variability ; Germany
OriginalspracheEnglisch
ErscheinungsortLüneburg
VerlagInstitut für Volkswirtschaftslehre der Universität Lüneburg
Anzahl der Seiten21
PublikationsstatusErschienen - 2009

Bibliographische Notiz

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

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