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Empirical Analysis Of Demand For Roof Tiles: Example Of Tondach Company

Author

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  • Hoso, Jasmin

    (Faculty of Economics and Business, University of Sarajevo, Bosnia and Herzegovina.)

Abstract

In a very dynamic and volatile business environment, multinational companies view the intra-company exchange as a factor of developing the enterprise’s capacities and total revenue growth. The paper is aimed at performing econometric evidence of the total revenues of “Tondach” company, based on the collected economic indicators of “Tondach” company development in nine countries. For each individual country, variables on total revenue, total company’s investment in the country, the number of employees and the value of intra-company exchange were used. Besides these variables, the model will use two additional ones: population and rating for each individual country. It was established that the intra-company exchange has a positive and significant effect on the total revenue of companies in the Tondach Group in the observed countries and the observed period of time. With respect to rating, as the second independent variable of special interest, we observe a positive and strong effect on total revenue. This result also proves our claim that countries in the region, with a higher risk factor, which are not members of the integration, have a lower rating, which in turn has a direct impact on lower revenues.

Suggested Citation

  • Hoso, Jasmin, 2016. "Empirical Analysis Of Demand For Roof Tiles: Example Of Tondach Company," UTMS Journal of Economics, University of Tourism and Management, Skopje, Macedonia, vol. 7(1), pages 61-70.
    • Handle: RePEc:ris:utmsje:0171
    as

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    References listed on IDEAS

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    More about this item

    Keywords

    multinational company; intra-company exchange; integration; intra-firm trade; foreign direct investment;
    All these keywords.

    JEL classification:

    • F14 - International Economics - - Trade - - - Empirical Studies of Trade
    • F21 - International Economics - - International Factor Movements and International Business - - - International Investment; Long-Term Capital Movements
    • F23 - International Economics - - International Factor Movements and International Business - - - Multinational Firms; International Business

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