• Title/Summary/Keyword: Logit model

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Measuring Economic Value for Endangered Korean Goral

  • Han, Sang-Yoel
    • Journal of Korean Society of Forest Science
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    • v.97 no.5
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    • pp.525-529
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    • 2008
  • The purpose of this paper is to examine willingness to pay (WTP) for endangered species, the Korean goral, of Woraksan National Park in South Korea. The median of the WTP is adopted to estimate the value because it will not be affected by the extreme values. The estimated household median WTP using a logit model for Korean goral conservation in Woraksan National Park was 15,221 won. The estimated value of the WTP in relation to the Korean goral has some policy implications. especially in terms of implementing policy to protect the Korean goral. The result shows that the public conservation program does have a positive WTP for the conservation of the Korean goral. This implies that the Korean goral is an important species that needs to be maintained, the government has been expended a large sum of money in an attempt to protect it.

Evaluating Value-of-Time for Travel Based on The Linear Logit Choice Model ("로-짓" 모형에 의한 교통시간가치 산정에 관한 연구)

  • Yu, Wan
    • Journal of Korean Society of Transportation
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    • v.2 no.1
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    • pp.69-88
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    • 1984
  • 통행시간가치에 대한 연구는 독립변수를 이용한 통행시간과 비용에 의한 선택모형 을 대개 사용하여 왔다. 통행시간과 비용에 대한 매개함수를 추정한 후에 통행시간가치를 교통시간과 비용의 $\ulcorner$파라메타$\lrcorner$비로써 얻고 있다. 그러나 통행시간가치에 관한 신뢰구간과 통계적 유의성을 설정하기 위한 적절한 과정은 아직 연구되지 않고 있으나 $\ulcorner$로-짓$\lrcorner$ 모형 자체에 대하여는 되어있다. 본 논문은 통행시간가치를 측정하기 위한 기존의 방향을 비평적 으로 검토하여 본 것으로 통행시간가치를 통계적 유의성 검증을 위한 표준화 과정은 아직 이론적으로 정립 가능하다고 생각되지 않지만 통행시간가치평가의 간편식을 제시하여 보았 다. 간편식에 의하여 제시된 결과에 의하면 선택모형에 입각한 통행시간가치의 통계적신뢰 구간이 매우 큰 것으로 나타났는바 이에 대한 선택모형에 입각한 통행시간가치 측정을 위한 과정의 타당성에 대한 많은 의문이 아직도 남는다 하겠다.

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An Analysis of Consumers' Consumption Behavior of Environment-friendly Mandarin and Attributes of Mandarin in Korea (소비자의 친환경감귤 소비실태와 감귤의 선호속성 분석)

  • Ko, Seong-Bo
    • Korean Journal of Organic Agriculture
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    • v.16 no.2
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    • pp.189-204
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    • 2008
  • The objective of this paper is to analyze consumers' consumption behavior of environment-friendly mandarin and attributes of mandarin in Korea. It is also to measure consumers' marginal willingness to pay by the attributes of mandarin and to estimate the market-share by products of mandarin from the data surveyed by a survey research company. The questionnaires for consumers were given randomly by interview to 500 married women lived in Seoul and to 200 wholesaler in Seoul, Busan, Daegu, Kwangju. The conjoint analysis method was used to analyze consumers' preference and suggest several implications for the rational production and marketing policy of mandarin.

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The Non-Market Value of Science Museum (과학관 시설의 비시장적 가치)

  • Gwak Seung Jun;Yu Seung Hun;Heo Jae Yong;Lee Ju Seok
    • Journal of Technology Innovation
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    • v.13 no.1
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    • pp.73-89
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    • 2005
  • As a scientific educational facility, the role of science museum has been enlarged. However there are few study to evaluate the public value of science museum. This paper applies a conjoint analysis to measuring the public value of science museum. At first, this paper chose the attributes of science museum and derived the marginal willingness to pay, As a result, the choice works for selecting a preferred option among three alternatives were within respondents' ability and the derived marginal willingness-to-pay estimates were statistically different from zero. This paper contributes to complementing the existing valuation methods by estimating the attributes of science museum and providing policy-makers with useful methodological framework and quantitative information in the decision-making process related to the policy of cultural facilities.

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Valuing Sociocultural Multifunctionality of Rural Areas in Korea (농촌 사회문화적 공익기능의 경제적 가치)

  • Hwang, Jeong-Im;Kim, Eun-Ja;Rhee, Sang-Young;Lee, Seong-Woo
    • Journal of Agricultural Extension & Community Development
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    • v.16 no.3
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    • pp.643-668
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    • 2009
  • The purpose of this study is to estimate the value of the sociocultural multifunctionality of rural areas in Korea. The sociocultural multifunctionality of rural areas consists of emotional comfort, green landscape, cultural heritage, and rural viability values. The value of the sociocultural multifunctionality was assessed by contingent valuation method incoporating preference uncertainty. The log-logit models indicated that households were willing to pay 14,027~26,757 won per month and the model with preference uncertainty gave the highest WTP. WTP was affected by respondent's sex, location, awareness of relation with multifunctionality and others. The total value of sociocultural multifunctionality of rural areas in Korea estimated to 2,691~5,134 billion won per year.

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Analyzing Consumer's Preference for the Potential Value of Coastal Wetland Ecotourism Using Contingent Choice Method (갯벌생태관광에 대한 소비자의 잠재가치 측정에 관한 연구)

  • Chang, Jeong-In;Lee, Joo-Suk;Shin, Chul-Oh
    • Ocean and Polar Research
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    • v.33 no.2
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    • pp.149-157
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    • 2011
  • As tourist are becoming increasingly environmentally conscious, government and related companies need to establish policies or strategies that encourage ecotourism. The aim of this study is to analyze individual preferences and estimate shadow prices, namely, willingness to pay for coastal wetland ecotourism. This study applies a contingent choice method to measuring marginal WTP for each attribute (tour duration, number of visitors, guide, program) of coastal wetland ecotourism. The finding herein contribute to complementing the valuation methods by estimating various attributes of coastal wetland ecotourism and providing policy-makers with useful methodological framework and quantitative information in the decision-making process related to ecotourism.

Estimating the Economic Value of Function for Public Benefits on Practice of Organic Farming - Using Choice Experiments (유기농업의 공익기능에 대한 경제적 가치 평가 -실험선택법을 적용하여-)

  • Yoo, Jin-Chae;Kong, Ki-Seo;Yeo, Sun-Sik;Seo, Myung-Chul
    • Korean Journal of Organic Agriculture
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    • v.18 no.3
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    • pp.291-313
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    • 2010
  • The objective of this paper is to apply choice experiment methods to estimate non-market value of organic farming and its policy implication. A preliminary survey shows that the attributes of organic farming are reduce environmental pollution, bio-diversity improvements, cultural diversity improvements and maintain local community, reduce green-house gas emissions, energy saving, landscape improvements and tax for organic farming improvement policy. Questionnaire was eight different choice sets presented to each respondent. Implicit values of the attributive levels of organic farming have been calculated into tax money costs per house. This paper compared the six feasible scenarios in terms of willingness to pay per year. This study is expected to contribute to government's organic farming policies and quantitative information related to practice of organic farming.

An Analysis on Determinants of Self-care Days among School-Aged Children (아동의 방과 후 자기보호 일수에 미치는 영향요인 분석)

  • Kim, Jikyung;Kim, Gyunhee
    • Korean Journal of Human Ecology
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    • v.22 no.1
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    • pp.1-15
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    • 2013
  • Using the National Children and Youth Panel Survey (2010) data, this study examines the self-care after school experienced by elementary school students. It argues the necessity of analysis on self-care days for understanding demanders' characteristics of after-school care policy. Based on the Ordered Logit Model, this study analyzes the determinants of self-care days among school-aged children. The main result of the analysis is that self-care days are also more likely to be increased among children with higher school grade, more sibling, lower mother's education, dual-earner family, two-parent family, multi-cultural family, and lower family income.

Gender Difference in Job Mobility in Korean Labor Markets (한국노동시장의 남녀 직장이동 요인별 차이와 직장이동 유형별 임금 변화)

  • Lee, Woojeong;Choi, Minsik
    • Journal of Labour Economics
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    • v.35 no.2
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    • pp.117-146
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    • 2012
  • This study demonstrates the gender difference in the factors that affect job changes and the resulting wage changes in the recent Korean labor market. By using the KEAPS (2003-2007), we found that male workers uniquely tend to stay longer at their current jobs when they have families to support. After controlling self-selection bias, we also found that wage changes resulting from switching jobs differ between male and female workers during this studied period.

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Upper-Level Expectation in Random Coefficient Logit Model (다중 로짓 모형에서의 상위차원의 예측치 통계에 관한 연구)

  • Lee, Seong-Woo;Ryu, Sung-Ho
    • Journal of Korean Society of Rural Planning
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    • v.5 no.2 s.10
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    • pp.66-72
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    • 1999
  • 본 연구는 다음의 두 가지 목적이 있다. 첫째, 각종 실증분석에 있어서의 다중모형의 효율성에 대한 소개와, 둘째, 다중모형의 분석에 있어서 상위단계의 예측되는 가치를 측정하기 위한 새로운 통계를 소개하는 데 있다. 다중모형의 이론적 틀은 광범위하게 사용되는 기존의 1단계 모형의 통계적 문제점(이분산 등)을 보완하고, 현실을 더욱 실체적으로 파악한다는 측면에서 앞으로 지역분석의 중추적 틀로서 자리매김하리라 예상되고 있다. 본 연구는 이러한 다중모형의 효율성을 가상 자료가 아닌 실제 자료를 이용하여 검증하였으며, 특히 기존에 제시되지 않은 다중로짓모형에서의 상위수준의 잔차 또는 예측치를 계산하는 통계량을 제시하였다. 이 새로운 통계량은 실증분석에 있어서의 관찰치와의 상관관계와 그 분산의 분석에 있어서 잘 행위하고 있는 것으로 나타났다.

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