• Title/Summary/Keyword: Logit model

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A Family system of Family Business: Participation within a Family in a Small Family Business (가족기업의 가족체계: 소규모 가족기업에 있어서 가족구성원의 참여유형)

  • 김혜연;김성희
    • Journal of the Korean Home Economics Association
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    • v.38 no.7
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    • pp.1-12
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    • 2000
  • Although the term 'family business' is relatively new, this style of business is universal. An Unusual feature that must be noted, is that even though it is a common style of business is not clearly defined. The purpose of this study is to identify the different family participation patterns, and the variables that effect different types of participation. '1997 Daewoo Panel Data' was used. Some descriptive statistics and a multinomial logit model were employed for the analysis. The standard type of business focused on in this study was a family owned and operated 'ma and pa' typed business and the sample was limited to households where one or both of the partners involved in a family owned and operated business. The main resets obtained from this sample were as follows: 1. Personal characteristics such as respondents' gender, age and educational level were important variables that effected the participation of family members in the business. As can be seen in the gender analysis, family businesses owned by men showed all available patterns of family operated businesses in relatively high numbers. A large percentage of businesses owned women were of self-employed pattern. According to the analysis by age and educational level, young people with a high level of education tend to managed their small businesses by employing others rather than utilising the self-employed or family operated pattern. 2. While big families showed a high percentage of a combination pattern of a family-run, and ordinary employer/employee company, relatively small families usually opted for purely family-run businesses. Whether the family have children under 6 or not, and the number of children under 6 did net significantly effect to the patterns of the family system of small family businesses. 3. The size, location and kind of family business also effected participation patterns of the family members significantly. These results suggest that further study will be required to gain more exact and meaningful information to help Korean family businesses.

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A Study on Housing Affordability of Elderly Households According to Household Types and Housing Tenure (노년층의 가구구성 및 주택점유형태에 따른 주거비 부담능력에 관한 분석)

  • Kwon, Yeon Hwa;Choi, Yeol
    • KSCE Journal of Civil and Environmental Engineering Research
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    • v.35 no.4
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    • pp.977-986
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    • 2015
  • The purpose of this study is to find the housing affordability of elderly household according to household types and housing tenure and to contribute to desirable elderly housing policies. The data from the 2010 Korea Housing Survey was used for the analysis of this study and the final sample included 6,780 elderly households. The results of this study are summarized as follows; It was found that all kinds of elderly household for housing affordability were affected by income, residence period, housing location and size of house. And housing location was a highly influential factor. Besides, female elderly house-owners and male elderly renters living alone were likely to have higher housing cost burden. And if elderly renters households suffer more financial burden, they had have higher housing cost burden. It is implies that desirable elderly housing polices by government need to consider elderly househod's diverse characteristics in aged society.

Evaluation on Impedance to Access and Transfer for Deep Underground Railway Network (대심도 철도의 접근과 환승 저항 평가에 관한 연구)

  • Park, Kil-Hyun;Kim, Hyun
    • KSCE Journal of Civil and Environmental Engineering Research
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    • v.32 no.3D
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    • pp.283-289
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    • 2012
  • Because railways themselves are not enough to provide door-to-door service, they need to be complemented by a transportation system access the stations and a convenient transfer system to access other railway lines. User friendly service policies include a faster, interconnected, and intermodal transportation system. It becomes more important to use deep subterranean space from an economical standpoint in order to promote railway construction projects. In this research, the authors dealt with construction plan for strengthening capacity of deep subterranean railways. Since deep subterranean railways are situated deeper underground than other railways, they are more difficult to access and transfer to, in addition to psychological pressure. Moreover, deep subterranean railways with high speed add access difficulties as the distance between stations increases. Therefore, the authors discuss not only systemization for uniting deep subterranean railways and other transportation facilities but also reinforcement strategies. The purpose of these strategies is so that deep subterranean railways provide mobility while established railways provide accessibility to overcome this problem.

Analysis of Defection Customer Using Customer Segmentation on Bank -Focusing on Personal Deposit- (은행고객 세분화를 통한 이탈고객 관리분석 -가계성 예금을 중심으로-)

  • 이건창;권순재;신경식
    • Journal of Intelligence and Information Systems
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    • v.7 no.1
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    • pp.177-197
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    • 2001
  • This paper is aimed at proposing a data mining-driven analysis to manage the customer defection rate in the bank. After 1997 IMF crisis, Korean banks were suffering from hard-pressed restructuring. At the heart of such restructuring effects, there was the need to manage the customer more effectively than ever. So far, many banks in Korea used to a poor management of customers without any highly-skillful techniques. In line with this argument, we propose several data mining techniques to determine more effective technique far managing customer deflection. We applied three data mining techniques such as logit model, neural network, and C5.0. Experiment data were collected from personal deposit account data of a specific bank in Korea. After experiments, we found that C5.0 showed more robust performance compared to other two techniques. On the basis of those experiment results, we proposed customer defection management policy.

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Contingent Valuation of Fostering Storytelling for Culture and Tourism Industry (문화 관광산업 활성화를 위한 스토리텔링 육성정책의 가치평가)

  • Lee, Min-Jae;Kim, Ju-Yeon;Kim, Chul-Min
    • The Journal of the Korea Contents Association
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    • v.11 no.6
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    • pp.438-448
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    • 2011
  • The purpose of this paper is to enrich storytelling contents for culture and tourism industry and provide the implication for carrying out governmental policy by estimating economic value of storytelling using a Contingent Valuation Method. The empirical result shows that the economic value of storytelling development in culture and tourism industry is annually estimated 16,000 won per person, resulting from logit model and WTP mean method. The willingness-to-pay, degree of support and perception of the policy and culture contents expenditure have meaningful effects on probability of supporting and participating in execution of the policy. The findings imply that the economic value of storytelling development highly increases as the interest and expenditure of culture contents increase. Futhermore, informing storytelling related policy and business to the people will increase economic value of fostering storytelling-based culture and tourism.

Factors Affecting Working Participation of University Students (대학생의 근로 참여 의지에 영향을 미치는 요인)

  • Kim, Kyoung-Beom;Lee, Juhyun;Choi, Hyojin;Choi, Minjae;Kwon, Young Dae;Noh, Jin-Won
    • The Journal of the Korea Contents Association
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    • v.14 no.11
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    • pp.318-327
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    • 2014
  • Today, Competition in employment among the youth is more intensified and this phenomena lead to youth unemployment problems. This study was conducted to found the influence of youth employment effort on labor participation. We studied what variables could affect motivation of employment preparation especially among undergraduate and graduated students. We used 3rd~5th(2009~2011) 'Youth Panel Data' designed by Korean Employment Information Service. Data we adjusted were male(3,481) female(3,770). We applied the Generalized Estimating Equations to Panel logit model. We found that job education and training, career guidance, job shadowing program, getting new certification, sex, age and change of gross income affected employment preparation with controling education factors, socio-economic factors. This study found the effort of employment preparation was significant impact on labor participation and showed an influence on each variable empirically. We suggest that the youth-unemployment problem there is a need to approach fundamental aspects.

The Value of Time in Intercity Freight Transportation (지역간 화물운송의 시간가치 추정)

  • 최창호;임강원
    • Journal of Korean Society of Transportation
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    • v.17 no.5
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    • pp.43-55
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    • 1999
  • The value of time in freight transportation describes the importance of goods during transport and shows the direction of efficient logistic management having inventory cost in transporting The value of time differs from class to class in freight transportation. It is due to the differences of shipper's willingness to Pay for time saving. In this research the value of time in intercity freight transportation of manufacturers in Korea was estimated as follows: first, the Perception factors which were the important criteria of shippers for choosing truck were sampled. second, the shippers were classified into three homogeneous classes. third, the value of time of each class was estimated by using multinominal logit model. The results of this research showed that the value of time in freight transportation was different from every class, that the shipper had to Pay 1,680 won for saving one hour Per each shipment, and that the inventory cost in transporting occupied 9.54% in the mean freight Price.

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WTP Estimation in Low Fat Pork Meat Consumption (돼지고기 저지방부위 소비에 대한 지불의사액 추정)

  • Shin, Hio-Jung;Lee, Saem
    • Journal of the Korean Society of Food Culture
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    • v.33 no.4
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    • pp.299-306
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    • 2018
  • Pork is a popular meat consumed in Korea. However, the consumption pattern has typically focused on preferred parts, like pork belly, which is usually broiled. This consumption pattern has increased both stocks of low fat parts and medical costs, and has thereby disturbed pork industry growth and the national health welfare. Changing the consumption patterns of preferred parts and encouraging consumption of low fat parts will improve consumers' quality of life and also increase their benefits. Thus, this study estimated WTP (Willingness To Pay) for health funds among consumers who eat pork meat, considering the health benefits gained by consuming low fat parts and changes in preferred part consumption. The results of this study show that WTP is higher when consumers have a smaller family and a higher income; these consumers plan to increase intake of pork meat in the future and think that the promotion of low fat pork meat consumption is more important. The WTP for health funds is estimated to be 49won to 287won through Logit Model. The health benefits of low fat consumption were estimated to be 92 billion won to 539 billion won per year. Therefore, reforming low fat pork consumption not only changes the traditional consumption pattern focused on preferred parts but also leads to a variety of benefits for consumers, including health benefits.

Valuing the Water Quality Changes in Paldang Watershed: Using New Water Quality Classification Criteria and Indices (새로운 분류체계를 이용한 수질변화의 경제적 가치 추정)

  • Kim, Yong-Joo;Yoo, Young Seong
    • Environmental and Resource Economics Review
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    • v.17 no.4
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    • pp.875-901
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    • 2008
  • This article estimates the economic values of changes in water quality of the Paldang Watershed by using the Choice Experiment (CE). The conditional logit model estimation results show that a small improvement in water quality from the 'status quo' level to the level of 'very good' increases average household's monthly utility by 3,157 Won, whereas a water quality degradation down to the 'normal' level gives rise to an increase in the monthly average utility by 9,649 Won. The corresponding social gain and loss of water quality changes to the Metropolitan Area were thus estimated about 285 billion Won and 872 billion Won, respectively. This article seems meaningful in that it resorts to the new water ecosystem classification criteria and indices that are respondent-friendly. They help a CE study like this to overcome one of its critical weakness that the number and contents of attributes of a CE study can quickly add to the information overload problem, especially where the environmental good under investigation is hard for ordinary respondents to understand.

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Consumer Public Complaint Behaviors and Satisfaction of Complaint Handling By Credit Card Services (신용카드서비스에 대한 공적불평행동과 불평처리 만족에 관한 연구)

  • Lee, Youngae
    • Korean Journal of Human Ecology
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    • v.21 no.5
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    • pp.957-973
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    • 2012
  • This study analyzed consumer public complaint behaviors and the satisfaction of complaint handling among credit card users who availed of credit card services. Relatively little research has been done in this area, despite the obvious importance of understanding and improving credit card market conditions. The purpose of this study was to examine consumer compliant behaviors with a focus on public actions, such as voice responses and the third party actions among credit card users. With the goal of providing consumers with more positive expectations of credit card companies' complaint handling process, this study investigated the status of public actions and the negative effect of complaints on the overall satisfaction of post-complaint behavior toward credit card services. The responses from 1,000 credit card users were analyzed using descriptive analysis, factor analysis, multi-logit analysis, and Heckman selection estimate. The analysis provided three major results: (1) perceived service quality among credit card users was conceptualized into groups such as responsiveness, innovation, company, additional service, and fee, (2) perceived service qualities, age, residential area, employment status, and subjective economic status had significant effect on public compliant action behaviors, and (3) unidimensional factors resulting from post-complaint behaviors were analyzed and several variables, such as period of credit card use, average amount used, and perceived service quality had significant effects on the degree of satisfaction associated with complaint handling in terms of credit card services. Several implications and directions for further research are discussed.