Skip to main content

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

Buy Article:

$55.00 plus tax (Refund Policy)

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.

Document Type: Research Article

DOI: https://doi.org/10.1080/00036841003742629

Affiliations: Institute of Economics, Leuphana University of L√ľneburg, 21335 L√ľneburg, Germany

Publication date: 2011-11-01

More about this publication?
  • Access Key
  • Free ContentFree content
  • Partial Free ContentPartial Free content
  • New ContentNew content
  • Open Access ContentOpen access content
  • Partial Open Access ContentPartial Open access content
  • Subscribed ContentSubscribed content
  • Partial Subscribed ContentPartial Subscribed content
  • Free Trial ContentFree trial content
Cookie Policy
X
Cookie Policy
Ingenta Connect website makes use of cookies so as to keep track of data that you have filled in. I am Happy with this Find out more