• Title/Summary/Keyword: Household panel

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A Study on the Patterns of Panel Attrition in the Korea Welfare Panel Study (한국복지패널 마모패턴 특성 및 패널 이탈 모형 추정 연구)

  • Park, Seung-Hwan
    • Asia-Pacific Journal of Business
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    • v.11 no.4
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    • pp.291-301
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    • 2020
  • Purpose - The purpose of this study was to investigate several household characteristics related to panel attrition, examining how they may have conditioned the panel data in the Korea Welfare Panel Study (KOWEPS). Design/methodology/approach - We studied the cause of the differences in household income between the original panel and the new panel in KOWEPS. Findings - To summarize our findings, whereas it is highly likely that a low-income household or a household without health insurance will remain in the panel, it is highly likely that a high-income household or a household of more than three members will be taken off the panel. Research implications or Originality - The proportion of low-income household tends to decrease over the years, which appears to result from an overall increase in household income. Such changes are reflected in the pattern in which older panels have higher estimates of household income than newer panels.

Forecasting performance and determinants of household expenditure on fruits and vegetables using an artificial neural network model

  • Kim, Kyoung Jin;Mun, Hong Sung;Chang, Jae Bong
    • Korean Journal of Agricultural Science
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    • v.47 no.4
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    • pp.769-782
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    • 2020
  • Interest in fruit and vegetables has increased due to changes in consumer consumption patterns, socioeconomic status, and family structure. This study determined the factors influencing the demand for fruit and vegetables (strawberries, paprika, tomatoes and cherry tomatoes) using a panel of Rural Development Administration household-level purchases from 2010 to 2018 and compared the ability to the prediction performance. An artificial neural network model was constructed, linking household characteristics with final food expenditure. Comparing the analysis results of the artificial neural network with the results of the panel model showed that the artificial neural network accurately predicted the pattern of the consumer panel data rather than the fixed effect model. In addition, the prediction for strawberries was found to be heavily affected by the number of families, retail places and income, while the prediction for paprika was largely affected by income, age and retail conditions. In the case of the prediction for tomatoes, they were greatly affected by age, income and place of purchase, and the prediction for cherry tomatoes was found to be affected by age, number of families and retail conditions. Therefore, a more accurate analysis of the consumer consumption pattern was possible through the artificial neural network model, which could be used as basic data for decision making.

An Impact of the Characteristics of Individual Household and Its Shopping Behavior on the Purchase Prices of Fruits (가구특성 및 쇼핑행태가 과일 구입가격에 미치는 영향)

  • Choi, Se-Hyun;Cho, Jae-Hwan;Yoon, Seung-Won
    • Korean Journal of Organic Agriculture
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    • v.22 no.4
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    • pp.611-628
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    • 2014
  • This study probed into some characteristics of the urban household such as household income, number of the household, age distribution of the family members, their characteristics of shopping behavior such as the shopping place, types of the packaging and the characteristics of the time series, using consumer panel data of the Rural Development Administration (RDA). It further examined how the above factors affect fruit purchasing prices and then estimates the degree of the influence by each factor. The study looked at the purchase of apples, pears, tangerines, and oranges - the most favorite fruits in Korea. The results of this study can be utilized as the basic information for marketing strategies and/or for the establishment of future policy plans related to fruits consumption.

An Analysis of Household Portfolio according tow Wealth Levels (자산계층별 가계 포트폴리오 분석)

  • 최현자
    • Journal of Families and Better Life
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    • v.17 no.4
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    • pp.193-206
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    • 1999
  • This study analyzed the household portfolio according to wealth levels using a survey data of 1997 Korea Household Panel Study. The major findings of this study are as follows: (1) A household in high wealth level has invested relatively large proportion of his asset into real estate (2) A household in middle wealth level has invested relatively large proportion of his asset into risky financial asset(3) A household in low wealth level has invested relatively large proportion of his asset into secure financial asset. These findings accorded with risky pyramid model.

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Estimating Elasticities of Car Travel Demand Using Pseudo-Panel Data (가상패널자료를 이용한 승용차 통행수요 탄력성 추정 연구)

  • Han, Sang-Yong;Lee, Jai-Min;Kim, Tae-Seung
    • Journal of Korean Society of Transportation
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    • v.30 no.2
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    • pp.7-20
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    • 2012
  • The objective of this paper is to construct pseudo-panel data set and estimate price and income elasticities of car travel demand, using 1995-2007 household income and expenditure survey data, in order to provide quantitative information for analyzing related policy effects in the transport sector. We categorized household survey data into 14 cohorts based on the birth year of the household head. As the result, a total of 133 pseudo-panel data sets was created for estimating price and income elasticities of car travel demand. Especially, price and income elasticities of car travel demand were separately estimated both short-term and long-term. We analyzed the panel model considering fixed effect within cohorts, using explanatory variables such as previous year's fuel consumption, real household income after tax, education level of the household head, the number of children under five, and the share of household type averaged by cohorts. As results, the short-term and long-term price elasticities of car travel demand were calculated as 0.2974-0.4280 and 0.4087-0.6275, respectively. Similarly, the short-term and long-term income elasticities were calculated as 0.3364-0.6281 and 0.7098, respectively.

Effective Protection Methods of Household Electric Appliances. from Lightning Surges (가정용 전기기구의 효과적인 뇌서지 보호기법)

  • 이복희;강성만;엄주홍;이수봉;길형준;구본완;안창환
    • The Transactions of the Korean Institute of Electrical Engineers C
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    • v.53 no.3
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    • pp.149-156
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    • 2004
  • This paper deals with the effective protection method for the household electric appliances against lightning surges invading from the Power lines. Direct or induced lightning is the main cause of the breakdown of household electric appliance. The most effective protection method is to install SPDs(surge protective devices) at household electric appliances. If SPDs were not installed at most household electric appliances, it is necessary to install SPDs on the mains. Therefore the propagation aspect and protection methods of lighting surges coming into household electric appliances through the mains was experimentally investigated. The in actual-sized test circuits results of protection method for 8 household electric appliances including computer monitors and TV set could be summarized as follows: The breakdown characteristics of household electric appliances from lightning surges were significantly changed with the their input impedance. Namely, the types of input impedance are classified into infinite, resistive or inductive impedances. Especially, the monitor for computer with inductive input impedance from lightning surges was relatively weak against lightning surges. It was confirmed that the self inductance of branch circuits on the mains have protection effect for household electric appliances against lightning surges invading from the power lines. Also the varistors installed at cabinet panel or circuit-breaker were more effective than multi-tap outlet with varistors. When installed varistors in cabinet panel and multi-tap outlet together, the surge protection effect is much more excellent in technical and economical aspects.

Determinants of the Household Use of Different Types of Debt (유형별 부채의 보유결정에 영향을 미치는 요인 분석)

  • 성영애;최현자
    • Journal of the Korean Home Economics Association
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    • v.38 no.2
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    • pp.65-77
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    • 2000
  • This study investigated the effect of socio-demographic variables and the ownership of asset and the other types of debts on the use of a specific type of household debt. Household debts were categorized into six types according to borrowing sources: debts from banks, other financial institutes, employers, private sources, Gye, and retailers. The 1996 Korean Household Panel Study were analyzed using logistic model. It was found that socio-demographic factors influenced differently on the probabilities of debt holdings according to the types of debt. There were interrelationships among the ownerships of a specific type of debt and other types of debt and asset.

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Constructing Panel Data Using Repeated Cross-sectional Survey Data : A Case of Farm Household Survey and Its Analysis (반복횡단면자료의 패널화에 대한 연구: 농가경제조사의 경우)

  • Kang, Seog-Hoon;Bang, Tae-Kyung
    • Survey Research
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    • v.12 no.2
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    • pp.89-112
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    • 2011
  • This study shows the results of constructing panel data using Farm Household survey and presents some examples of empirical application. This study shows that ex post constructed panel data using repeated cross-sectional survey can be used in various dynamic analyses. This paper also shows that the well known difficult problem of longitudinal weights can be easily solved by using the existing cross-sectional weights in original cross-section data. Based on these results, we propose that the National Statistical Office not only try to construct panel data, but also construct panel data by using existing repeated cross-section data. The benefits of this approach seems to be very big in establishment survey.

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Longitudinal Study on the Effects of Depression by Household's Economic Factors According to Income Levels (소득수준별 가구 경제요인이 우울에 미치는 영향에 대한 종단적 고찰)

  • Sung, Jun-Mo
    • Korean Journal of Social Welfare
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    • v.62 no.1
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    • pp.109-132
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    • 2010
  • This study examined the effects of depression by household's economic factors with income levels using the wave 1, 2 of Korean Welfare Panel Study. As a result, changes in income satisfaction have significant effects on depression levels. In non-poor households, the income and comsumption expenditure have effects on depression levels. But poor households do not have any effects. Among the control variables, age, marital status, and education level are influential factors on the depression levels. Based on the results, the author was able to recognize the economic factors in household that influnce the depression levels. and The policy directios for household's economic support were discussed.

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A Study on the Classification Of the Household Financial Strategies (가계 재무전략의 유형화에 관한 연구 -1999년과 2000년 한국노동패널자료를 중심으로-)

  • 박진영;문숙재
    • Journal of Families and Better Life
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    • v.22 no.2
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    • pp.85-95
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    • 2004
  • The purpose of this study was to classify the household financial strategies and find out variables affecting the type of the household financial strategies. The data of 3994 households from Korean Labor and Income Panel Study(1999-2000) were used. The major findings were as follows: (1) the household financial strategies were Residual Saver Type(44.6%), Unformal Institute Saver Type(13.3%), Financial asset Saver Type(16.7%), Real estate Saver Type(13.4%) and Diversities(12.0%). (2) The household financial strategy types were changed rapidly during short term. (3) In 3994 households, the variables which influence on the change of the household financial strategies were education, job, numbers of children, place of residence, home ownership. Similarly, in each type, the change of household financial strategies was significantly different according to the household characteristics variables.