• Title/Summary/Keyword: Ordered Logit model

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A Study on the Factors Concerning Non-Work Trip of the Elderly People : A case of Seoul Metropolitan Area (고령자의 비업무통행에 영향을 미치는 요인 분석: 수도권 사례를 중심으로)

  • Hahn, Jin-Seok;Oh, Sung-Ho;Park, Jong-Il;Kim, Joon-ki
    • Journal of Korean Society of Transportation
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    • v.30 no.4
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    • pp.61-70
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    • 2012
  • This research explores different non-work trip characteristics between the elderly group (65+) and the working age group (20-64) using heteroscadastic ordered logit model. The analysis is based on travel survey data of Seoul Metropolitan area in 2006. The results show that age induces heteroscadasticity and the model provides a better fit than ordered logit model. The factors increasing the number of non-work trip of the elderly were driver's license and household income. Conversely, the number of non-work trips decreased in those groups that were male, with a job, in aging, and with the number of preschool children. The factors having opposite effects (increased the number of non-work trips in the working age groups and decreased in the elderly group) between the elderly group and working age group were age and job.

An Analysis on the Health and the Medical Demand in Korea: Using the Grossman Model (우리나라의 건강수요 및 의료수요에 대한 분석: Grossman Model을 중심으로)

  • Hwang, Yongha;Sakong, Jin
    • Health Policy and Management
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    • v.29 no.3
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    • pp.332-341
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    • 2019
  • Background: This study analyzes the effects of the individual's health behavior on the health and the medical demand for the management of health and medical expenses. Methods: This study uses the Korea Health Panel Survey data from 2010 to 2015. We utilize the panel ordered logit model and the panel Tobit model with the subjective health status and the medical expenses as the dependent variables. Results: Chronic diseases would cause the deterioration of his or her health and the increase in medical expenses. Smoking and drinking alcohol would deteriorate one's health. The total amount of cigarettes increases medical expenses. Exercises could make people healthier, whereas excessive exercise might increase medical expenses. Private health insurance would increase medical expenses. Conclusion: Since health could reduce the medical expenses, people should promote one's health by changing one's behavior for health.

Comparative study of prediction models for corporate bond rating (국내 회사채 신용 등급 예측 모형의 비교 연구)

  • Park, Hyeongkwon;Kang, Junyoung;Heo, Sungwook;Yu, Donghyeon
    • The Korean Journal of Applied Statistics
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    • v.31 no.3
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    • pp.367-382
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    • 2018
  • Prediction models for a corporate bond rating in existing studies have been developed using various models such as linear regression, ordered logit, and random forest. Financial characteristics help build prediction models that are expected to be contained in the assigning model of the bond rating agencies. However, the ranges of bond ratings in existing studies vary from 5 to 20 and the prediction models were developed with samples in which the target companies and the observation periods are different. Thus, a simple comparison of the prediction accuracies in each study cannot determine the best prediction model. In order to conduct a fair comparison, this study has collected corporate bond ratings and financial characteristics from 2013 to 2017 and applied prediction models to them. In addition, we applied the elastic-net penalty for the linear regression, the ordered logit, and the ordered probit. Our comparison shows that data-driven variable selection using the elastic-net improves prediction accuracy in each corresponding model, and that the random forest is the most appropriate model in terms of prediction accuracy, which obtains 69.6% accuracy of the exact rating prediction on average from the 5-fold cross validation.

Characteristics of Geometric Conditions Affecting Freeway Travel Speed : Focused on Speed Limit Change (고속도로 주행속도 변화에 영향을 미치는 도로기하구조 특성분석 : 제한속도 상향전후 비교를 중심으로)

  • Hong, Sungmin;Oh, Cheol
    • International Journal of Highway Engineering
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    • v.16 no.5
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    • pp.83-90
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    • 2014
  • PURPOSES : The purpose of this study is to identify the factors affecting the effectiveness of speed limit change that is defined as the amount of increased travel speed. METHODS : A ordered logit model was adopted to analyze the relationship between the change in travel speed and contributing factors. A stretch of Kyungbu freeway was selected for the analysis because the Korea expressway corporation has raised speed limit from 100km/h to 110km/h since September 1st in 2010. RESULTS : The results showed that geometric design elements, speeding cameras, and section length were identified as factors contributing the effectiveness. Contributing geometric design elements include the number of horizontal curves and vertical curves that do not meet the design requirement with 110km/h speed limit. CONCLUSIONS : The outcome of this study will be used for establishing various traffic operations and control strategies for freeway speed management.

Analysis of Residential Environment Satisfaction and Residential Preference in Daegu Downtown (대구 도심의 주거환경만족도와 거주의향 분석)

  • Song, Heung-Soo;Im, Jun-Hong;Kim, Han-Soo
    • Journal of the Korean housing association
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    • v.26 no.5
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    • pp.133-141
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    • 2015
  • As an empirical study on Daegu Downtown showing decentralization phenomenon, the purpose of this study is, based on the residential satisfaction research targeting the Downtown residents, to analyze the residential environment satisfaction and residential preference. Considering the parameters of measurement, we used the Ordered Logit Model and Logistic Regression. The results are as follows: First, the comprehensive residential environment satisfaction is relatively lower than that in 2008 and the residential preference in Downtown is similar to that of the past. Second, among the 7 factors that constitute the Downtown residential environment, the house, the landscape, and the security have a relatively large influence on the comprehensive residential environment satisfaction. Third, the residential environment factors which affect those who are hoping continuous Downtown residence are the safety, the house and the complex.

Impact of Reliability on Consumers' Demand for Environmentally Friendly Agricultural Products (친환경농산물 신뢰제고에 따른 소비의향분석)

  • Kim, Chung-Sil;Lee, Sang-Ho
    • Korean Journal of Organic Agriculture
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    • v.16 no.3
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    • pp.275-286
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    • 2008
  • This paper examines the impact of reliability on consumers' demand for environmentally friendly agricultural products using ordered logit model. We survey 100 housewives living in the capital region and five metropolitian cities cross sectional data in 2007. This paper especially estimates the impact of instrumental factor, such as history tracking system, provision of information, safety assurance and labelling of brands on the consumers' demand. The main results show that provision of information and safety assurance affect consumers' demand more confident than others. In order to motivate consumers to buy more environmentally friendly agricultural products, the safety should be assured and more information on production and marketing channel should be labelled.

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Effects of Utilizing of Weather and Climate Information on Farmer's Income (기상·기후 정보 활용이 농가 소득에 미치는 효과 분석)

  • Jeong, Hak-Kyun
    • Journal of Climate Change Research
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    • v.9 no.3
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    • pp.283-291
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    • 2018
  • The purpose of this study is to analyze the effects of useof weather and climate information on farmer income. To accomplish the objective of the study a farm survey was conducted, whose target respondents were local correspondents and reporters of the Korea Rural Economic Institute. The ordered logit model was employed for empirical analysis on determining whether use of weather and climate information affects farmer income. The analysis results show that the greater is farmer use of short-range weather forecasts, the higher is the income. The results also show higher farmers income with use of short-range special weather forecasts. Based upon the empirical results, the dissemination of more precise weather and climate information is suggested to increase farmer income.

Characteristics of Farming Settlement for Young Farmers (청년농업인의 영농정착 특성 분석)

  • Lee, So-Young;Lee, Min-Soo;Kim, Jin-Jin
    • Journal of Agricultural Extension & Community Development
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    • v.29 no.2
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    • pp.99-110
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    • 2022
  • This study aims to examine the characteristics of farming settlement in young farmers. In order to analyze the effect of each characteristic on young farmers' intention for settling into farming, an ordered logit model was employed. As for the individual characteristics affecting their intention for settling into farming, age and the highest education level showed a positive effect, while family-run farming had a negative effect, which was found statistically significant. For the financial characteristics, farm income had a statistically significant positive effect. On the other hand, the social and policy characteristics did not show any statistically significant effect.

A Comparative Study on Factors Affecting Housing Satisfaction of Elderly and Non-Elderly Households (고령가구와 비고령가구의 주거만족도 영향요인 비교연구)

  • Lee, DongSung
    • Journal of Urban Science
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    • v.10 no.1
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    • pp.21-28
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    • 2021
  • The purpose of this study is to examine the factors affecting the housing satisfaction of elderly households in comparison with non-elderly households, and to present policy implications in terms of housing welfare policies. For this purpose, this study used ordered logit model analysis using '2019 Housing survey data'. As a result of the analysis, in the case of individual/housing characteristics, the analysis results of the non-elderly household model and the elderly household model were similar. However, in the case of regional characteristics, non-elderly households living in the metropolitan area showed higher housing satisfaction than non-elderly households living in the non-metropolitan area, whereas the elderly households living in the metropolitan area had lower housing satisfaction than the elderly households living in the non-metropolitan area. In addition, the satisfaction variable of neighborhood/environmental characteristics that had the greatest impact on the housing satisfaction of non-elderly households was found to be crime prevention status satisfaction, and the satisfaction variable of neighborhood/environmental characteristics that had the greatest impact on the housing satisfaction of elderly households was air pollution satisfaction. The results of the analysis can be used as various reference materials when establishing housing welfare policies for elderly households.

Pedestrian Accident Severity Analysis and Modeling by Arterial Road Function (간선도로 기능별 보행사고 심각도 분석과 모형 개발)

  • Beck, Tea Hun;Park, Min kyu;Park, Byung Ho
    • International Journal of Highway Engineering
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    • v.16 no.4
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    • pp.111-118
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    • 2014
  • PURPOSES: The purposes are to analyze the pedestrian accident severity and to develop the accident models by arterial road function. METHODS: To analyze the accident, count data and ordered logit models are utilized in this study. In pursuing the above, this study uses pedestrian accident data from 2007 to 2011 in Cheongju. RESULTS : The main results are as follows. First, daytime, Tue.Wed.Thu., over-speeding, male pedestrian over 65 old are selected as the independent variables to increase pedestrian accident severity. Second, as the accident models of main and minor arterial roads, the negative binomial models are developed, which are analyzed to be statistically significant. Third, such the main variables related to pedestrian accidents as traffic and pedestrian volume, road width, number of exit/entry are adopted in the models. Finally, Such the policy guidelines as the installation of pedestrian fence, speed hump and crosswalks with pedestrian refuge area, designated pedestrian zone, and others are suggested for accident reduction. CONCLUSIONS: This study analyzed the pedestrian accident severity, and developed the negative binomial accident models. The results of this study expected to give some implications to the pedestrian safety improvement in Cheongju.