Product diversification and stability of employment and sales: first evidence from German manufacturing firms
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Product diversification and stability of employment and sales : first evidence from German manufacturing firms. / Braakmann, Nils; Wagner, Joachim.
Lüneburg : Institut für Volkswirtschaftslehre der Universität Lüneburg, 2009. (Working paper series in economics; Nr. 120).Publikation: Arbeits- oder Diskussionspapiere und Berichte › Arbeits- oder Diskussionspapiere
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TY - UNPB
T1 - Product diversification and stability of employment and sales
T2 - first evidence from German manufacturing firms
AU - Braakmann, Nils
AU - Wagner, Joachim
N1 - Literaturverz. S. 12 - 13 : Version: February 16, 2009
PY - 2009
Y1 - 2009
N2 - 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.
AB - 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.
KW - Economics
KW - Product diversification
KW - stability
KW - variability
KW - Germany
M3 - Working papers
T3 - Working paper series in economics
BT - Product diversification and stability of employment and sales
PB - Institut für Volkswirtschaftslehre der Universität Lüneburg
CY - Lüneburg
ER -