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.
In: Applied Economics, Vol. 43, No. 27, 11.2011, p. 3977-3985.

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@article{478fb2fffdfc4c7a853377131817b3bc,
title = "Product diversification and stability of employment and sales: First evidence from German manufacturing firms",
abstract = "In this study, 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.",
keywords = "Economics",
author = "Nils Braakmann and Joachim Wagner",
year = "2011",
month = nov,
doi = "10.1080/00036841003742629",
language = "English",
volume = "43",
pages = "3977--3985",
journal = "Applied Economics",
issn = "0003-6846",
publisher = "Taylor & Francis",
number = "27",

}

RIS

TY - JOUR

T1 - Product diversification and stability of employment and sales

T2 - First evidence from German manufacturing firms

AU - Braakmann, Nils

AU - Wagner, Joachim

PY - 2011/11

Y1 - 2011/11

N2 - In this study, 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 - In this study, 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

UR - https://www.scopus.com/record/display.uri?eid=2-s2.0-79961097223&origin=inward&txGid=0

U2 - 10.1080/00036841003742629

DO - 10.1080/00036841003742629

M3 - Journal articles

VL - 43

SP - 3977

EP - 3985

JO - Applied Economics

JF - Applied Economics

SN - 0003-6846

IS - 27

ER -