Provider: Ingenta Connect Database: Ingenta Connect Content: application/x-research-info-systems TY - ABST AU - Braakmann, Nils AU - Wagner, Joachim TI - Product diversification and stability of employment and sales: first evidence from German manufacturing firms JO - Applied Economics PY - 2011-11-01T00:00:00/// VL - 43 IS - 27 SP - 3977 EP - 3985 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. UR - https://www.ingentaconnect.com/content/routledg/raef/2011/00000043/00000027/art00004 M3 - doi:10.1080/00036841003742629 UR - https://doi.org/10.1080/00036841003742629 ER -