• Title/Summary/Keyword: Counterfactual Analysis

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어머니의 반영기능과 유아의 상위수준 사고 간의 관계에서 유아의 실행기능과 반사실적 사고의 순차적 이중매개효과 (Serial Dual Mediating Effects of Preschoolers' Executive Functions and Counterfactual Thinking on Relationship between Maternal Reflective Functioning and Preschoolers' Higher-order Thinking)

  • 이윤정;임지영
    • Human Ecology Research
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    • 제58권2호
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    • pp.131-148
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    • 2020
  • This study examined the dual mediating effects of preschoolers' executive function and counterfactual thinking in the relationship between maternal reflective functioning and preschoolers' higher-order thinking. Participants included 293 preschoolers and their mothers in Daegu city and Gyeongsang province. The mothers completed questionnaires regarding their reflective functioning, preschoolers' executive function, and creative thinking. Teachers completed questionnaires regarding preschoolers' critical thinking and caring thinking. Preschoolers' counterfactual thinking was measured by interviews. Data were analyzed using descriptive statistics and Pearson correlation analysis with SPSS 25.0. Path analysis and bootstrapping were used with AMOS 25.0 program. Also, specific indirect effect were analyzed using AMOS user-defined estimand function. The primary results of this study are as follows. Maternal reflective functioning had an indirect effect on preschoolers' critical thinking and caring thinking through preschoolers' executive function and counterfactual thinking; however, maternal reflective functioning had no indirect effect on preschoolers' creative thinking through preschoolers' executive function and counterfactual thinking. This study revealed that maternal reflective functioning and preschoolers' executive function and counterfactual thinking need to be considered simultaneously to explain the level of preschoolers' higher-order thinking. The results highlight the dual mediating effects of preschoolers' executive function and counterfactual thinking in the relationship between maternal reflective functioning and preschoolers' higher-order thinking.

Assessing the Economic Impact of Covid-19 through a Counterfactual Analysis

  • Hongjai Rhee
    • East Asian Economic Review
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    • 제28권1호
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    • pp.69-94
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    • 2024
  • The Covid-19 pandemic has caused unprecedented disruptions across industries worldwide. This paper aims to analyze the economic impact of the pandemic on the sales performance of basic commercial areas in Seoul, Korea. Using a regression analysis with credit card transaction data, the study underscores the critical nature of determining the reference point for comparison. Firstly, in comparison to the revenue in the same quarter before the onset of the pandemic, a significant decrease in revenue was observed across most categories during the pandemic periods. Secondly, when compared to the counterfactual revenue in the same period, extrapolated by an exponential smoothing forecasting, the overall revenue decrease during the periods was less pronounced, except in a few categories. Interestingly, certain categories appeared to witness marginal increases in sales after the pandemic. The paper discusses some policy implications of these findings.

An Introduction to Causal Mediation Analysis With a Comparison of 2 R Packages

  • Sangmin Byeon;Woojoo Lee
    • Journal of Preventive Medicine and Public Health
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    • 제56권4호
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    • pp.303-311
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    • 2023
  • Traditional mediation analysis, which relies on linear regression models, has faced criticism due to its limited suitability for cases involving different types of variables and complex covariates, such as interactions. This can result in unclear definitions of direct and indirect effects. As an alternative, causal mediation analysis using the counterfactual framework has been introduced to provide clearer definitions of direct and indirect effects while allowing for more flexible modeling methods. However, the conceptual understanding of this approach based on the counterfactual framework remains challenging for applied researchers. To address this issue, the present article was written to highlight and illustrate the definitions of causal estimands, including controlled direct effect, natural direct effect, and natural indirect effect, based on the key concept of nested counterfactuals. Furthermore, we recommend using 2 R packages, 'medflex' and 'mediation', to perform causal mediation analysis and provide public health examples. The article also offers caveats and guidelines for accurate interpretation of the results.

김세화 교수의 반론과 활성 경로 이론의 제한 및 확장 (The Active-Route Account Restricted and Expanded: A Reply to Seahwa Kim's Criticisms)

  • 김성수
    • 논리연구
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    • 제18권2호
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    • pp.265-289
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    • 2015
  • 인과 관계가 결과와 원인 간의 반사실적 의존 관계로 분석될 수 있다는 직관은 설득력이 있다. 활성 경로 이론은 단순한 형태의 반사실적 인과 이론의 문제점을 피하면서도 이 직관을 유지하기 위해 제안된 이론이다. 하지만 이 이론 역시 심각한 반례에 직면한다. 김세화 교수는 최근의 논문에서 이러한 반례를 반박하고자 제시된 기존의 해결책이 갖는 문제점을 설득력 있게 비판하였다. 이 논문은 김세화 교수의 비판을 논의하고 더 나아가 활성 경로 이론에 대한 반례를 극복할 수 있는 또 다른 해결책을 논의한다. 특히 활성 경로 이론의 적용 범위를 제한하고 이렇게 제한된 이론을 다시 확장하는 방식을 제시함으로써 활성 경로 이론을 그 반례로부터 방어하는 방법을 제안한다.

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양(quantity), 정도(degree), 가능세계 - 부사 '거의'의 어휘의미를 중심으로 - (Quantities, Degrees, and Possible Worlds - Lexical Semantics of Korean Adverb '거의(geoui)')

  • 김신회
    • 한국언어정보학회지:언어와정보
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    • 제15권2호
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    • pp.47-65
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    • 2011
  • A Korean adverb '거의(geoui)' modifies predicates to generate complex predicates which have meanings of 'nearly' complete or typical properties of the modified predicates in quantities, degrees, and frequencies. The modified predicates 'complete' or 'typical' properties are referred counterfactually as standards for the generated predicates' meanings of deficiencies. These counterfactual standards can be formalized by a counterfactual conditional operator of the intensional semantics in Cresswell(1990). The deficiencies in the quantities, degrees, or frequencies of the properties can be expressed formally introducing a world-independent measure of comparison. The measure can be manufactured out of relations between intensional things at indices and their equivalence classes. The world-independent measure of comparison has a semantic structure under-specified in quantity, degree, and frequency, and seems very well-suited in describing lexical meaning of '거의(geoui)'. The lexical-semantic analysis of '거의(geoui)' shows explicitly the plausibility of the indispensable existence of the comparing measure which works across real and counterfactual worlds in natural language meaning. On the other hand, we examined Kim, young-hee(1985)'s proposal of a transition of quantificational meaning for Korean degree adverbs, where he tried to explain the quantificational meaning of Korean degree adverbs in general including '거의(geoui)' with several syntactic and semantic constraints of 'contextual deletion'. But it is shown that the quantificational meanings of the degree adverbs which Kim(1985) discussed are also explained better by their under-specified meanings in quantities, frequencies and degrees with the world-independent measure of comparison applied to their paradigmatic lexical constraint rather than Kim(1985)'s transition of meaning.

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The Effect of Counterfactual Thinking on Post-purchase Behavior of Retail Management

  • Kim, Young-Ei;Yang, Hoe-Chang
    • 유통과학연구
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    • 제16권2호
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    • pp.25-33
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    • 2018
  • Purpose - This study focused on the effect of counter-factual thinking on post-purchase behavior producing consumer regret at HMR selection and purchase. We have analyzed the factors that HMR production and distribution businesses should consider because distribution and marketing strategy reflecting consumers' demand. Research design, data, and methodology - For the purpose of carrying out this research, we conducted a direst structured questionnaire to students at 'J' college. A total of 237 valid questionnaires were collected for students and their parents at 'J' university. For the hypothesis test, exploratory factor analysis, t-test, regression and structure equation path analysis were performed. Results - The consumers who often resented HMR purchase did counter-factual thinking on post-purchase behavior were likely to do switching purchases. Counter-factual thinking on post-purchase behavior had a negative influence upon consumer's satisfaction with HMR safety and marketing characteristics. Conclusions - Consumers who had been satisfied to a certain degree might have cognitive dissonance of minor mistakes of HMR product were likely to have downward counter-factual thinking through contrast effects. Therefore, HMR producer and distribution businesses that had production, distribution and marketing strategy to satisfy consumers by raw material, freshness and safety were likely to switch to another product at one time mistake of selection, purchase and use.

Evaluation of the Policy Effects of Free Trade Agreements: New Evidence from the Korea-China FTA

  • Xiang Li;Hyukku Lee;Seung-Lin Hong
    • Journal of Korea Trade
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    • 제26권6호
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    • pp.41-60
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    • 2022
  • Purpose - The policy implications of free trade agreements have traditionally been a matter of debate among economists. The official signing of the Korea-China Free Trade Agreement provides economists with a quasi-natural experiment to analyze the FTA's policy effects. This article aims to more accurately understand the impact of Korea's FTA accession on the macro economy. Design/methodology - This study adopts the counterfactual method based on panel data to find common factors in the generation process of macro data to fit the counterfactual path, to accurately evaluate the effect of the macro policy. Findings - Our research results show that the signing of the Korea-China FTA has a relatively significant short-term positive effect on Korea's economic growth. On average, Korea's real GDP growth rate has increased by 2.1%. This study finds evidence in support of FTA signing not having a significant impact on Korea's GDP growth in the long run. Additionally, we evaluated the impact of the FTA on Korea's imports and exports and found that it had a significant positive impact in the short term, but the trade effect of the FTA is significantly affected by the external macro-environment. Originality/value - First, this study uses macro panel data at the national level to examine the impact of the Korea-China FTA on Korea, and more accurately describes the policy effect of the FTA. Second, our empirical results show that the Korea-China FTA policy impact is subject to occasional changes in the external environment, such as the geopolitical conflict (crisis) between Korea and China, and the US-China trade war. Finally, the analysis shows that the short-term effect of FTA is significant but the long-term is uncertain, which provides empirical evidence for the debate on whether joining FTA can promote national economic growth.

Incorporating Ex-Ante Risk in Evaluating Public R&D Programs: A Counterfactual Analysis of the Korean Case

  • Kim, So Young
    • STI Policy Review
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    • 제4권2호
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    • pp.41-54
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    • 2013
  • R&D is inherently an uncertain endeavor, yet now more than ever those performing R&D with public funding are called upon to clarify the utility of their research. Calls for public accountability are mounting with the increase in constraints on government budgets due to the recent worldwide economic recession, in response to which both policymakers and researchers pay much more attention to rigorously assessing publicly funded R&D. A key issue complicating R&D evaluation in these circumstances is how to adequately account for the nature and degree of risk involved in a given R&D program or project. This study deliberates on certain issues involving the measurement of ex-ante risk in public R&D evaluation: (i) information asymmetry between R&D sponsors and performers, (ii) ambiguity in the measurement of returns in both prospective and retrospective evaluation, and (iii) the dilemma between measurement error and omitted variable bias for empirical estimation of R&D performance. The study then presents an analysis of hypothetical evaluation results that apply risk-relevant weights to the annual evaluation outcomes of South Korea's national R&D programs funded during 2006~2012. In this counterfactual re-evaluation of public R&D program performance, high-risk R&D programs turn out to receive higher evaluation than non-high-risk programs. The current study suggests that R&D evaluation ignoring ex-ante risk is not only conceptually invalid since R&D activities are intrinsically uncertain endeavors, but unfair as R&D performers are asked to be accountable for the results that were in fact out of their reach.

재병행수입의 경제적 효과 분석: 자동차산업을 중심으로 (An Empirical Analysis on the Effects of Parallel Reimportation: The Case of Korean Automobile Market)

  • 장우현
    • KDI Journal of Economic Policy
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    • 제36권4호
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    • pp.71-102
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    • 2014
  • 국내시장에 높은 시장지배력을 지닌 사업자가 존재하여 일반적인 외국산 제품에 대한 수입 활성화나 병행수입 활성화를 통한 국내시장 경쟁도 제고에 한계가 있을 경우, 해당 사업자가 국내에서 생산하여 해외에 수출한 제품을 다시 수입해 오는 재병행수입의 촉진 또한 사회후생 증가에 기여할 수 있는 유효한 도구라고 볼 수 있다. 본 연구에서는 이와 같은 사실에 주목하여 자동차산업에서의 재병행수입의 경제적 효과를 살펴보았다. 보다 구체적으로는, 국내 자동차산업의 수요와 공급 시스템을 구조적으로 추정하여 국내에서 생산되어 미국시장에서 내수시장에서보다 현저히 저렴하게 판매되고 있는 차종들의 재수입 활성화를 가정한 반사실적 실험을 시행한 결과, 재병행수입의 활성화는 기업들의 이윤을 감소시키지만 그 이상의 소비자후생 증가와 함께 소폭의 추가 재정수입 증가를 가져와 전체적으로 사회의 경제적 후생 증가에 기여함을 확인하였다. 이는 재병행수입에 관련된 제약에 의한 정책비용이 발생하고 있는 것으로도 이해할 수 있으므로, 경쟁정책 당국은 물론 산업 및 무역 정책을 담당하는 정책당국이 이와 같은 비용을 간과하지 않도록 지속적인 관심을 가질 필요가 있을 것이다.

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직설법적 조건문에 대한 추론주의적 분석에 대하여 (On the Inferentialist Analysis of the Indicative Conditional)

  • 김세화
    • 논리연구
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    • 제15권2호
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    • pp.251-272
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    • 2012
  • 이병덕 교수는 최근 셀라스-브랜덤의 추론주의에 의거한 직설법적 조건문에 대한 분석을 제시하였다. 본 논문에서 필자는 직설법적 조건문에 대한 이병덕 교수의 분석에 대해 세 가지 의문점을 제기하였다. 첫 번째는 이병덕 교수가 분석적으로 타당한 논증만을 실질적으로 타당한 추론이라고 보고 있다는 점에서 셀라스-브랜덤에 대하여 잘못된 이해를 하고 있다는 것이고, 두번째는 셀라스-브랜덤이 가정법적 조건문을 포함한 온갖 종류의 조건문 일반의 공통점에 대해 이야기 하고 있는데 반해 이병덕 교수는 이를 직설법적 조건문의 분석으로 이해하고 있다는 점에서 셀라스-브랜덤에 대하여 잘못된 이해를 하고 있다는 것이다. 세 번째는 이병덕 교수의 분석이 셀라스-브랜덤의 추론주의와 양립가능하지 않거나 지나치게 일반적인 수준의 이야기에 불과하게 될 수 있다는 것이다.

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