Product Diversification and Stability of Employment and Sales: First Evidence from German Manufacturing Firms
Downloads
Chronological data
Date of first publication2009-02-16
Date of publication in PubData 2025-07-29
Language of the resource
English
Abstract
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
Product Diversification; Stability; Germany
Series title
Number of the series contribution
120