• Title/Summary/Keyword: Econometric

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Information Technology Implementation and Operational Efficiency

  • Kwak, Jin Kyung
    • Management Science and Financial Engineering
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    • v.19 no.2
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    • pp.13-18
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    • 2013
  • In this paper, we analyze the relationship between implementation of information technology and inventory turnover as a measure of operational efficiency. We build a regression model including a dummy variable that indicates whether a firm has been nominated for being good at implementing information technology. By using publicly available data, we have conducted an extensive empirical analysis and found that firms' using information technology is not likely to affect inventory turnover significantly. This result implies that we have to take careful consideration in adapting information technology.

Load demand forecasting of remote inhabited small islands using EGARCH-M model (EGARCH-M 모형을 이용한 소규모 도서지역의 전력수요예측)

  • Jo, In-Seung;Rhee, Chang-Ho;Chae, Seung-Yong
    • Proceedings of the KIEE Conference
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    • 2003.11a
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    • pp.491-493
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    • 2003
  • Load foretasting model used generally such as times series and econometric regression model often doesn't reflect the load characteristics of small remote islands. Therefore, in this paper load demand forecast is peformed using EGARCH-M non-linear forecasting model.

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Analysis on Impacts of Renewable Energy Promotion on Mitigation of Air Pollution (신재생에너지의 확산이 대기오염 배출 저감에 미치는 영향 분석)

  • Bae, Jeong Hwan;Jung, Seo Rim
    • New & Renewable Energy
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    • v.16 no.3
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    • pp.13-26
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    • 2020
  • This study analyzed whether the diffusion of new and renewable energy contributed to mitigating emissions of various air pollutants, including particulate matter, using panel econometric models. The theoretical foundation of such econometric models is based on the Environmental Kuznets Curve (EKC) hypothesis, which assumes an inverted U-shaped relation between national income and environmental pollution, as originally proposed by Grossman and Krueger. We examined whether there are inverted U-, U-shaped, or N-shaped relations between national income and air pollution. We demonstrate that increases in new and renewable energy significantly mitigated emissions of CO, NOX, and PM2.5. Additionally, we included NOX, SOX, PM10, and VOCs as secondary emission sources of PM2.5 and found that emission of PM10 resulted in the highest PM2.5 emissions, followed by NOX and SOX emissions. The impact of new and renewable energy on air pollution varied across regions. Increase of new and renewable energy in the Honam region significantly mitigated CO, NOX, and TSP emissions, while that in the Youngnam and metropolitan areas did not significantly mitigate air pollution overall. There was a U-shaped relationship between air pollution and national income for CO, NOX, PM2.5, and SOX, while an inverted N-shape was observed for PM10.

A Study on the Relationship between Public Subsidies and Private R&D Expenditure: A Meta-Regression Analysis of the Econometric Evidence (정부보조금의 민간R&D투자에 대한 관계: 계량경제학적 문헌에 대한 메타회귀분석)

  • Kim, Ho;Kim, Byung-Keun
    • Journal of Technology Innovation
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    • v.19 no.3
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    • pp.141-174
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    • 2011
  • This paper presents the results of a meta-regression analysis on econometric evidence concerning the relationship between public funding of R&D and private R&D expenditure by reviewing literature and synthesizing existing results. The analysis on the effects of public financing on private investments in R&D has been the object of numerous studies, none of which having arrived at definite conclusion. A meta-analysis based upon a data-base including all relevant studies was carried out to examine whether the characteristics of the applied analysis influence the results. Three different empirical results are presented.

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The Effects of Industrial Specialization on the Volatility of Regional Economies in Korea: the Case of Manufacturing (산업특화가 지역경제의 변동성에 미치는 효과에 관한 연구: 제조업을 대상으로)

  • Jeong, Jun-Ho
    • Journal of the Economic Geographical Society of Korea
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    • v.12 no.4
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    • pp.494-506
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    • 2009
  • This paper tests whether or not manufacturing specialization, employment growth, establishment size, employment size, industrial mix in manufacturing, regional difference between the Capital region and the others and so on are empirically related to manufacturing employment volatility levels across 203 municipalities called shi-gun-gu during the period 1990~2006. Using the spatial econometric analysis of cross sectional data, the municipalities tending to be more volatile are more specialized; they have higher-than-average employment growth rates, smaller establishment and employment sizes, regardless of any industrial mix in manufacturing; and they tend to be located in the Capital region. Unlike existing foreign literature based upon the spatial econometric analysis of cross sectional data, this paper finds that volatility of growth in a municipality is negatively rather than positively influenced by volatility of growth in its neighboring municipalities.

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Effects of Growth Controls on Homebuilding in California Local Jurisdictions: Focusing on the late 1980s (캘리포니아 주내 지방정부의 성장관리 규제가 주택건설에 미치는 영향에 관한 연구: 1980년대말을 중심으로)

  • Pillsung Byun
    • Journal of the Korean Geographical Society
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    • v.38 no.6
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    • pp.906-921
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    • 2003
  • This paper discusses the price effects of local growth controls on the housing markets of California jurisdictions in the late 1980s empirically. Particularly, based on spatial econometric modeling, the study focuses on the homebuilding constrained by growth controls which is one of the price effects. The modeling produces the California-wide generalizable results, differentiates among the individual effects of various growth controls on homebuilding, and covers spatial effects. Thereby, this study intends to supplement the existing work on the price effects of growth controls. The modeling results find that restrictive residential zoning had the effect of significantly restricting housing construction in the late 1980s. On the other hand, urban growth boundaries had the effect of accommodating homebuilding. Population growth or housing permit caps and adequate public facility ordinances had no significant effects on housing construction.

Comparative Study of Causality based quantitative Economic Impact Analysis Models for Utilizing Spectrum Resource (전파자원 활용을 위한 인과 관계 기반 정량적 경제 파급 효과 분석모형 비교 연구)

  • Kim, Taehan;Kim, Tae-Suk
    • The Journal of the Korea Contents Association
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    • v.18 no.11
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    • pp.430-446
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    • 2018
  • In this paper, we conducted a comparative study on the methodology for impact analysis as the economic grounds for formulating policy and investment plan concerned with utilizing spectrum resource. In order to provide numerical results for objective comparison and selection among policy and investment planning, methods to be analyzed are focused on quantitative methodology based on mathematical models, consequently the utility and limits of econometric model, input-output analysis, computable general equilibrium and system dynamics are compared from various viewpoints including analysis cost. Besides, we compared the methodologies in the standpoint of utilizing spectrum and discussed the recent findings of mixed models combining multiple methodologies to exploit the advantages of each methodology and to offset the limit. Results of the research can be used as reference indicators to select the method that conforms to the purpose and priority of analysis verifying the efficiency of execution of policies and investment plans.

Estimation of Future Land Cover Considering Shared Socioeconomic Pathways using Scenario Generators (Scenario Generator를 활용한 사회경제경로 시나리오 반영 미래 토지피복 추정)

  • Song, Cholho;Yoo, Somin;Kim, Moonil;Lim, Chul-Hee;Kim, Jiwon;Kim, Sea Jin;Kim, Gang Sun;Lee, Woo-Kyun
    • Journal of Climate Change Research
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    • v.9 no.3
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    • pp.223-234
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    • 2018
  • Estimation of future land cover based on climate change scenarios is an important factor in climate change impact assessment and adaptation policy. This study estimated future land cover considering Shared Socioeconomic Pathways (SSP) using Scenario Generators. Based on the storylines of SSP1-3, future population and estimated urban area were adopted for the transition matrix, which contains land cover change trends of each land cover class. In addition, limits of land cover change and proximity were applied as spatial data. According to the estimated land cover maps from SSP1-3 in 2030, 2050, and 2100, respectively, urban areas near a road were expanded, but agricultural areas and forests were gradually decreased. More drastic urban expansion was seen in SSP3 compared to SSP1 and SSP2. These trends are similar with previous research with regard to storyline, but the spatial results were different. Future land cover can be easily adjusted based on this approach, if econometric forecasts for each land cover class added. However, this requires determination of econometric forecasts for each land cover class.

A Review of the Research on E-commerce Ecosystem in China (중국 전자상거래 생태계 동향에 관한 연구)

  • Gao, Lan;Han, Jeong-Soo;Kim, Hyung-Ho
    • Journal of Digital Convergence
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    • v.17 no.8
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    • pp.141-148
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    • 2019
  • Based on the theory of information ecology, this paper conducts a quantitative analysis on the research literature of e-commerce ecosystem in China, and clarifies the research hotspots and development trends, so as to provide reference for subsequent studies. With the key words related literatures collected by CNKI as the data source, and the software CiteSpaceIV is used to draw a visual knowledge map, the distribution of e-commerce ecosystem research papers in China is statistically analyzed by econometric analysis method, and literature research is summarized and evaluated. The research results show that previous studies mainly focus on the concept of e-commerce ecosystem, and there are relatively few research results on the construction and evolution mechanism of e-commerce ecosystem, so the depth and breadth of research should be expanded. Applying the concept of e-commerce ecosystem to solve the problems in cross-border e-commerce will be the future research trend.

Juvenile Cyber Deviance Factors and Predictive Model Development Using a Mixed Method Approach (사이버비행 요인 파악 및 예측모델 개발: 혼합방법론 접근)

  • Shon, Sae Ah;Shin, Woo Sik;Kim, Hee Woong
    • The Journal of Information Systems
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    • v.30 no.2
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    • pp.29-56
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    • 2021
  • Purpose Cyber deviance of adolescents has become a serious social problem. With a widespread use of smartphones, incidents of cyber deviance have increased in Korea and both quantitative and qualitative damages such as suicide and depression are increasing. Research has been conducted to understand diverse factors that explain adolescents' delinquency in cyber space. However, most previous studies have focused on a single theory or perspective. Therefore, this study aims to comprehensively analyze motivations of juvenile cyber deviance and to develop a predictive model for delinquent adolescents by integrating four different theories on cyber deviance. Design/methodology/approach By using data from Korean Children & Youth Panel Survey 2010, this study extracts 27 potential factors for cyber deivance based on four background theories including general strain, social learning, social bonding, and routine activity theories. Then this study employs econometric analysis to empirically assess the impact of potential factors and utilizes a machine learning approach to predict the likelihood of cyber deviance by adolescents. Findings This study found that general strain factors as well as social learning factors have positive effects on cyber deviance. Routine activity-related factors such as real-life delinquent behaviors and online activities also positively influence the likelihood of cyber diviance. On the other hand, social bonding factors such as community commitment and attachment to community lessen the likelihood of cyber deviance while social factors related to school activities are found to have positive impacts on cyber deviance. This study also found a predictive model using a deep learning algorithm indicates the highest prediction performance. This study contributes to the prevention of cyber deviance of teenagers in practice by understanding motivations for adolescents' delinquency and predicting potential cyber deviants.