• Environmental and Resource Economics Review
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• v.27 no.1
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• pp.195-214
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• 2018

This study estimates the price elasticity of residential water demand in Korea. For that, annual panel data from the year of 2010 to 2013 for 161 local water services is estimated by using panel quantile model. As a result, the price elasticities of residental water demand in Korea are estimated to be between -0.156 and -0.189 depending on its quantile. In addition, the study finds that the estimated elasticity of residential water demand by traditional conditional mean regression is relatively more influenced by high demand areas because the distribution of residental water demand in Korea is left-skewed.

• Journal of the Korean Association of Geographic Information Studies
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• v.26 no.2
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• pp.20-41
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• 2023

Recently, urban shrinkage due to low birth rate and aging population and the decline of local cities are causing a new urban problem of empty houses. This study examines the distribution of vacant homes using spatial panel data collected from 2015 to 2019 at local administraitve districts and estimates the factors of vacant house occurrence using a spatial panel model considering spatio-temporal dependency. As a result, the spatio-temporal dependence of vacant houses was identified and it was estimated using spatial panel model not OLS model. Based on the spatial panel model, it was found that the most influential factor in the occurrence of vacant houses was the housing-related factor. This result shows that policy considerations for housing supply are necessary for the management of vacant housing as well as population movement and poor infrastructure.

• Environmental and Resource Economics Review
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• v.30 no.3
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• pp.435-469
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• 2021

The main purpose of this study is to identify the determinants of electricity import and export in 26 European Union countries using the Spatial durbin model(SDM). In particular, we would like to mainly explain it based on the amount of power generated by each energy source. Not just the usual way of constructing a weighting matrix based on contiguity, we adopt a weighting method based on the proportion of trade among countries with connected electricity systems. Moreover, the electricity systems of European countries are directly and indirectly connected, which is reflected in the weighting matrix. According to the results, nuclear power has a positive effect on exports and a negative effect on imports, and an increase in wind and solar power has a positive effect on both exports and imports by increasing power system instability. While Korea is unable to trade electricity due to geopolitical conditions, the results of this study are expected to provide implications for energy policies.

• Environmental and Resource Economics Review
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• v.20 no.4
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• pp.735-760
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• 2011

This study examines the effect of pollution abatement cost on net export of Korea's manufacturing industries based on Heckscher-Ohlin model. We used the panel data on manufacturing industries for 1993~2007. The main findings are as follows. First, it was found that the pollution abatement cost had a significant negative effect on net export of Korea's manufacturing industries. In particular, the effect was stood out after 1997 IMF crisis. Second,skill labor was found to be very important in determining trade pattern among variables related to factor intensities.

• Survey Research
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• v.11 no.1
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• pp.43-61
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• 2010

This research estimated the variation of high school students' academic achievement by using the second to the fourth wave KEEP(Korea Education and Employment Panel) data. We explored the effects of study on academic achievement in proportion to self-regulated learning hours(except for school work and private tutoring). Analysis variables were self-directed learning(study) hours throughout senior high school and 9 grade academic achievement. We conducted Latent Growth Model(LGM) using KEEP panel data and program LISREL 8.8. Results showed that there were significant effects of self-regulated learning hours on the variation of senior high school students' academic achievement. Therefore, this was considered to be useful tips in getting the relation between students' learning and academic achievement.

• The Journal of the Korea Contents Association
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• v.19 no.3
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• pp.457-465
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• 2019

The purpose of this study is to identify factors that affect the language development of infants. For the analysis, data of three years from the first year (2008) to the third year (2010) of the 'Panel Study on Korean Children (PSKC)' were constructed and panel analysis was conducted. The subjects were 2,150 infants who participated in the questionnaire, and the language development of the infants was measured using the communication scores of the K-ASQ test provided by the Korean children's panel. In addition, the factors influencing the language development of infants derived from previous studies were introduced into the model. As a result of the analysis, it is shown that the fixed effect model with fixed individual error of the panel is suitable through the Hausman test. The higher the cognitive development level of the infant, the more positive parenting behavior of the infant, respectively. The conclusions and suggestions about the characteristics of the parents and the parents affecting language development were introduced.

• International Area Studies Review
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• v.22 no.3
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• pp.67-84
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• 2018

The purpose of this paper is to investigate the Balassa-Samuelson effect that real exchange rate could deviate from its long-run equilibrium. To analyze this effect, I estimated the long-run relationship between real exchange and productivity using the dynamic panel ordinary least square(DOLS) and panel error correction model(ECM) after conducting the unit root and cointegration test. The results show that all variables except for the real exchange rate have the unit root. Then I conducted the cointegration test to find out whether there exist the stable long-run relationships. The results show that the variables are cointegrated and significant statistically. The DOLS and ECM methods are used to estimate the coefficient of the cointegrated variables. The major finding are that the estimates are statistically significant and that they show the same sign as the economic theory predicts.

• International Commerce and Information Review
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• v.14 no.3
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• pp.307-322
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• 2012

The purpose of this paper is to examine determinants of export to the East Asia region, using panel unit root, panel cointegration framework, panel VECM (vector error correction model), panel FMOLS (fully modified OLS). Different panel unit root tests confirm that the data series are integrated processes with unit roots. When applying cointegration tests to long-run effect for aggregate panel data, a primary concern is to construct the estimators in a way that does not constrain the transitional dynamics to be similar among different countries of the panel. The regression equations are estimated by various panel cointegration estimators. The panel data causality results reveal that exchange rates has unidirectional effects on export and GDP, and there exists bidirectional causality between export and GDP. Also, the results from the panel FMOLS tests overwhelmingly reject the null hypothesis of zero coefficient. The panel cointegrating vectors show that the export has positive relationship with the GDP and ODI (overseas direct investment).

• Korea Trade Review
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• v.41 no.5
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• pp.373-389
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• 2016

This study mainly investigates the port SOC's impact on trade volume. In order to investigate the relationships between port SOC and trade volume, we did the empirical analysis using panel data regression and fixed effects model. The total period of 97 years and 1,082 ports' information were applied to panel data and regression model. According to the results, the coefficients of development of container berth, development of bulk berth, maintenance of port, the jetty facilities like breakwater have positive(+) impact on the dependent variable, the trade volume. Especially, the jetty facilities show a strongly positive impact on trade volume. On the other hand, the development of new port and navigation facilities like lighthouse have a negative(-) impact. In examining Hausman test and LR test, the fixed effect model is statistically more appropriate than the random effect model for this study.

• Journal of the Korean Data and Information Science Society
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• v.22 no.1
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• pp.1-8
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• 2011

In panel studies in which the same respondents are interviewed repeatedly over the long term, panel attrition may cause the problems in the reliability of the result and the representativeness of the sample in panel study. In this article, we explore the risk factors of sample attrition in the first 11 waves of the Korean Labor and Income Panel Study (KLIPS) data covering the years 1998-2008, for which the survival analysis techniques such as life-table method and Cox proportional hazard model based on the time to the attrition of each respondent as the survival time of the respondent are applied.