• Title/Summary/Keyword: Fixed-Effects Model

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Development of the Prediction Method for Hospital Bankruptcy using a Hierarchical Generalized Linear Model(HGIM) (HGLM을 적용한 병원 도산 예측방법의 개발)

  • Noh, Maeng-Seok;Chang, Hye-Jung;Lee, Young-Jo
    • Korea Journal of Hospital Management
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    • v.6 no.2
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    • pp.22-36
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    • 2001
  • The hospital bankruptcy rate is increasing, therefore it is very important to predict the bankruptcy using the existing hospital management information. The hospital bankruptcy is often measured in year intervals, called grouped duration data, not by the continuous time elapsed to the bankruptcy. This study introduces a hierarchical generalized linear model(HGLM) for analysis of hospital bankruptcy data. The hazard function for each hospital may be influenced by unobservable latent variables, and these unknown variables are usually termed as random effects or frailties which explain correlations among repeated measures of the same hospital and describe individual heterogeneities of hospitals. Practically, the data of twenty bankrupt and sixty profitable hospitals were collected for five years, and were fitted to HGLM. The results were compared with those of the logit model. While the logit model resulted only in the effects of explanatory variables on the bankruptcy status at specific period, the HGLM showed variables with significant effects over all observed years. It is concluded that the HGLM with a fixed ratio and a period of total asset turnrounds was justified, and could find significant within and between hospital variations.

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How do Energy Consumption, Economic Growth and Logistics Development Interrelate?

  • HE, Yugang
    • Journal of Distribution Science
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    • v.18 no.1
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    • pp.71-83
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    • 2020
  • Purpose: Because the energy consumption, economic growth and logistics development are still the heated topics which have attracted many scholars' interests. Therefore, this paper attempts to analyze the effect of logistics development on the economic growth, explore the effect of the economic growth on energy consumption and to discuss the effect of the logistics development on energy intensity. Research design, data and methodology: Using the panel data over the period 2000-2017 of 156 countries and employing the country & year fixed effect model, system generalized method moments and random effect model, the empirical analyses of this propositions are performed. Results: The empirical findings present that the logistics development is positively related to the economic growth. The energy consumption in the t-1 period and economic growth are positively related to the current energy consumption. The logistics development is negatively related to the energy intensity. Meanwhile, the empirical findings also indicate that there is a great difference about these effects among the four sub-samples (low income 18 countries, low middle income 49 countries, upper middle income 44 countries, high income 49 countries). Conclusions: Based on the evidences in this paper provided, we can find that these variables can affect each other.

A Study on Industry Characteristics of Technology Trade in Korea : evidence from OECD Countries (우리나라 기술무역의 산업별 특성에 관한 연구 : OECD 국가를 대상으로)

  • Baek, Eun-Young;Moon, Hee-Cheol
    • International Commerce and Information Review
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    • v.12 no.4
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    • pp.151-170
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    • 2010
  • The present study made an empirical analysis for investigating the competitiveness of technology trades in Korea. In particular, the study deduced the correlation between technology export and technology import using the variables of Gross Domestic Expenditure on R&D and Per capita industry value added Productivity and employed fixed effect model in panel linear regression model. It is found that the R&D expenditure of OECD countries made a significant effect on the technology import and the value-added labor productivity made a significant result on both technology export and import. Therefore, it showed that the technology trade in Korea made a sensitive response to labor productivity in OECD countries. By panel analysis, machine, construction, ICT, and service industry affect most on technology export in Korea for recent 5 years. For technology import, electric-electron, chemical, service, and construction industry have significant effects. This study contributed to understanding of industrial characteristics affecting technology trades in Korea and empirical analysis to show correlation between the factors affecting technology trade.

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A damage model predicting moderate temperature and size effects on concrete in compression

  • Hassine, Wiem Ben;Loukil, Marwa;Limam, Oualid
    • Computers and Concrete
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    • v.23 no.5
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    • pp.321-327
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    • 2019
  • Experimental isotherm compressive tests show that concrete behaviour is dependent on temperature. The aim of such tests is to reproduce how concrete will behave under environmental changes within a moderate range of temperature. In this paper, a novel constitutive elastic damage behaviour law is proposed based on a free energy with an apparent damage depending on temperature. The proposed constitutive behaviour leads to classical theory of thermo-elasticity at small strains. Fixed elastic mechanical characteristics and fixed evolution law of damage independent of temperature and the material volume element size are considered. This approach is applied to compressive tests. The model predicts compressive strength and secant modulus of elasticity decrease as temperature increases. A power scaling law is assumed for specific entropy as function of the specimen size which leads to a volume size effect on the stress-strain compressive behaviour. The proposed model reproduces theoretical and experimental results from literature for tempertaures ranging between $20^{\circ}C$ and $70^{\circ}C$. The effect of the difference in the coefficient of thermal expansion between the mortar and coarse aggregates is also considered which gives a better agreement with FIB recommendations. It is shown that this effect is of a second order in the considered moderate range of temperature.

Effects of Reactor Type on the Economy of the Ethanol Dehydration Process: Multitubular vs. Adiabatic Reactors

  • Yoo, Kee-Youn
    • Korean Chemical Engineering Research
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    • v.59 no.3
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    • pp.467-479
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    • 2021
  • Abstract: A kinetic model was developed for the dehydration of ethanol to ethylene based on two parallel reaction pathways. Kinetic parameters were estimated by fitting experimental data of powder catalysts in a lab-scale test, and the effectiveness factor was determined using data from pellet-type catalysts in bench-scale experiments. The developed model was used to design a multitubular fixed-bed reactor (MTR) and an adiabatic reactor (AR) at a 10 ton per day scale. The two different reactor types resulted in different process configurations: the MTR consumed the ethanol completely and did not produce the reaction intermediate, diethyl ether (DEE), resulting in simple separation trains at the expense of high equipment cost for the reactor, whereas the AR required azeotropic distillation and cryogenic distillation to recycle the unreacted ethanol and to separate the undesired DEE, respectively. Quantitative analysis based on the equipment and annual energy costs showed that, despite high equipment cost of the reactor, the MTR process had the advantages of high productivity and simple separation trains, whereas the use of additional separation trains in the AR process increased both the total equipment cost and the annual energy cost per unit production rate.

Seismic Responses of Multi-DOF Structures with Shallow Foundation Using Centrifuge Test (원심모형실험을 활용한 얕은 기초가 있는 다자유도 구조물의 지진응답)

  • Kim, Dong Kwan;Kim, Ho Soo;Kim, Jin Woo
    • Journal of the Earthquake Engineering Society of Korea
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    • v.26 no.3
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    • pp.117-125
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    • 2022
  • In this study, centrifuge model tests were performed to evaluate the seismic response of multi-DOF structures with shallow foundations. Also, elastic time history analysis on the fixed-base model was performed and compared with the experimental results. As a result of the centrifuge model test, earthquake amplification at the fundamental vibration frequency of the soil (= 2.44 Hz) affected the third vibration mode frequency (= 2.50 Hz) of the long-period structure and the first vibration mode (= 2.27 Hz) of the short-period structure. The shallow foundation lengthened the periods of the structures by 14-20% compared to the fixed base condition. The response spectrum of acceleration measured at the shallow foundation was smaller than that of free-field motion due to the foundation damping effect. The ultimate moment capacity of the soil-foundation system limited the dynamic responses of the multi-DOF structures. Therefore, the considerations on period lengthening, foundation damping, and ultimate moment capacity of the soil-foundation system might improve the seismic design of the multi-DOF building structures.

Effects of Performance-related Pay on Gender Labor Productivity Differences (성과급제도가 성별 노동생산성에 미치는 효과)

  • Jung, Jin-Yong
    • Asia-Pacific Journal of Business
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    • v.11 no.3
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    • pp.185-198
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    • 2020
  • Purpose - The purpose of this study is to examine the effect of performance-related pay on gender labor productivity differences theoretically and empirically. Design/methodology/approach - This study analyzes the Principal-Agent model in which a firm employes many male and female workers under moral hazard, and uses large survey data from Survey of Business Activities of MDIS (MicroData Integrated Service) in Korea. The fixed-effect model is employed in order to analyze the data. Findings - The theoretical result is that, after performance-related pay is offered to workers, the effect of performance-related pay on gender productivity is determined by whether the female ratio within firm affects firm's performance(such as revenue and profit) per capita. The empirical result is that, before performance-related pay is provided for all workers, the firm's female ratio does not affect firm's revenue and profit per capita at all, but after it is offered, the female ratio positively affects firm's performance per capita. Research implications or Originality - Fixed pay does not bring about the difference between male and female productivity, but performance-related pay affects female productivity more positively than male productivity in Korean firms. It means that female workers are more sensitive to incentives than men in Korea.

Sensitivity and Effects of Moving Water Table on Recharge Estimates

  • 이광열
    • Geotechnical Engineering
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    • v.9 no.2
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    • pp.65-69
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    • 1993
  • 강우에 의해 발생되는 토양(soil)에서의 Recharge를 구하기 위해 두가지 모델 즉, ((i) Simple Mass Balance Model (ii) Numerical Model : UNSAT 1)을 사용했는데, 이 두 모델들은 불포화상태의 흙(unsaturated zone : above groundwater table)에서 그의 가정과 개념에 약간 차이가 있다. Unsaturated Zone에서의이 두 모델의 적용에 있어서 몇가지 중요한 사항이 지적되고 있는데, 균질의 불포화 영역(unsaturated zone)의 토양에서 Mass Balance Model을 사용함으로써 얻은 Recharge는 UNSAT 1(numerical model)을 통해 얻은 결과와 비교할 때 서로 상이한 결과를 보였다. 또한, Recharge의 계산에 있어서 지하수위의 변화에 따른 영향을 알아보기 위해 Sensitivity Analysis를 수행하였다. 즉, 고정수위(fixed groundwater table)로 가정했을 때 발생되는 오차를 한개의 수리학적 계수(hydraulic parameter)의 함수로 보고 계산을 했으며 이 결과를 그림으로 나타내어 보았다. 이 연구의 결과는 Model Simulation에 있어서 수리학적 경계조건을 결정하는데 큰 도움이 될 것이며, 또한 이 연구에서는 Unsaturated-Saturated Flow Model이나 Drainage Model을 함께 병행시켜 Simulation을 수행하는데 촛점을 두고 있다.

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A multi-dimensional crime spatial pattern analysis and prediction model based on classification

  • Hajela, Gaurav;Chawla, Meenu;Rasool, Akhtar
    • ETRI Journal
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    • v.43 no.2
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    • pp.272-287
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    • 2021
  • This article presents a multi-dimensional spatial pattern analysis of crime events in San Francisco. Our analysis includes the impact of spatial resolution on hotspot identification, temporal effects in crime spatial patterns, and relationships between various crime categories. In this work, crime prediction is viewed as a classification problem. When predictions for a particular category are made, a binary classification-based model is framed, and when all categories are considered for analysis, a multiclass model is formulated. The proposed crime-prediction model (HotBlock) utilizes spatiotemporal analysis for predicting crime in a fixed spatial region over a period of time. It is robust under variation of model parameters. HotBlock's results are compared with baseline real-world crime datasets. It is found that the proposed model outperforms the standard DeepCrime model in most cases.

Analysis of Influencing Export Factors of Major Agricultural Products for ASEAN using Panel Gravity Model (패널중력모형을 이용한 동남아시아 대상 주요 수출 농산물 영향인자 분석)

  • Kim, Solhee;Son, Younghwan;Park, Jinseon;Kim, Taegon;Suh, Kyo
    • Journal of Korean Society of Rural Planning
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    • v.22 no.4
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    • pp.103-114
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    • 2016
  • The global trade partners have been diversified and mixed in agricultural market, which is expended the international agri-food market through the Regional Trade Agreement and World Trade Organization, etc. The aim of this study is to derive influential factors for exports increases of agricultural products targeting to Association of South-East Asian Nations (ASEAN). We set the equation for agricultural products exports referred to panel gravity model considering panel fixed effect for controlling endogeneity within variables. The results of this study are the follows; (1) Social economic distance considering international oil price negatively affects in the mushroom model; (2) Korean GDP affects (-) in a mushroom model and (+) in a vegetable model, however, ASEAN's per capita GDP indicates opposite influence in the same model; (3) Relative exchange rate shows negative impact in a vegetable model; (4) The entry status into WTO and the status in force of FTA have converse effects in mushroom and vegetable model, respectively.