• Title/Summary/Keyword: Ordinal Logit Model

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The Determinants of Accessibility of Financial Services in Vietnam

  • TRINH, Thi Thuy Hong;NGUYEN, Hoang Phong
    • The Journal of Asian Finance, Economics and Business
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    • v.8 no.3
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    • pp.1143-1152
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    • 2021
  • The study aims to assess the impact of factors on the access to financial services by Vietnamese farmers. The number of respondents in this study is 402 household heads participating in six diverse agricultural value chains in Vietnam. The explanatory variables of the Multinomial Logit model estimates variables at the individual characteristics while the Mixed Logit model can combine the two types of variables together to estimate the effects simultaneously. On the other hand, the Ordinal Logit model is used to evaluate the determinants of the increase in the quantity of financial services used by individuals. The estimation results show that male-headed households have more access to financial services than females. Younger farmers are more likely to use formal financial services than the elderly. Financial literacy, land ownership, and shocks in agricultural production all have a positive impact on the probability of dealing with banks. In addition, the degree of linkage and credibility of the value chain have a significant positive impact on the accessibility of financial services to farmers. The findings of this study suggest that limiting gender inequality, focusing on youth marketing and developing agricultural value chains will have a positive impact on farmers' access to financial services.

A generalized logit model with mixed effects for categorical data (다가자료에 대한 혼합효과모형)

  • 최재성
    • The Korean Journal of Applied Statistics
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    • v.15 no.1
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    • pp.129-137
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    • 2002
  • This paper suggests a generalized logit model with mixed effects for analysing frequency data in multi-contingency table. In this model nominal response variable is assumed to be polychotomous. When some factors are fixed but considered as ordinal and others are random, this paper shows how to use baseline-category logits to incoporate the mixed-effects of those factors into the model. A numerical algorithm was used to estimate model parameters by using marginal log-likelihood.

A generalized logit model with mixed effects for categorical data (다가자료에 대한 혼합효과모형)

  • Choi, Jae-Sung
    • 한국데이터정보과학회:학술대회논문집
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    • 2001.10a
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    • pp.25-33
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    • 2001
  • This paper suggests a generalized logit model with mixed effects for analysing frequency data in multi-contingency table. In this model nominal response variable is assumed to be polychotomous. When some factors are fixed but condisered as ordinal and others are random, this paper shows how to use baseline-category logits to incoporate the mixed-effects of those factors into the model. A numerical algorithm was used to estimate model parameters by using marginal log-likelihood.

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Collapsibility and Suppression for Cumulative Logistic Model

  • Hong, Chong-Sun;Kim, Kil-Tae
    • Communications for Statistical Applications and Methods
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    • v.12 no.2
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    • pp.313-322
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    • 2005
  • In this paper, we discuss suppression for logistic regression model. Suppression for linear regression model was defined as the relationship among sums of squared for regression as well as correlation coefficients of. variables. Since it is not common to obtain simple correlation coefficient for binary response variable of logistic model, we consider cumulative logistic models with multinomial and ordinal response variables rather than usual logistic model. As number of category of a response variable for the cumulative logistic model gets collapsed into binary, it is found that suppressions for these logistic models are changed. These suppression results for cumulative logistic models are discussed and compared with those of linear model.

A Study on the Demand of Taxi Transfer Discount Using Ordinal Logistic Model (순서형 로짓 모형을 활용한 택시환승할인수요에 관한 고찰)

  • Kim, Ki Young;Jung, Hun Young
    • KSCE Journal of Civil and Environmental Engineering Research
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    • v.38 no.5
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    • pp.685-692
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    • 2018
  • Busan city implemented 'taxi transfer discount system' since October 2017 in order to create for new demand taxis. However, due to the low transfer discount amount and limited payment method to prepaid cards, it is difficult to attain the aim. In this study, we investigated the usage status of taxi transfer discount system and the intention to use taxi transfer discount system according to the discount amount level. We established a model of intention to estimate demand of taxi transfer discount using ordinal logistic model. The results of analysis are as following. The critical reason for low usage was to limit taxi transfer discount payment methods to prepaid cards other than post-paid cards which is used for most transportation payment. It was found that the discount rate for taxi transfers was affected in order of payment method, the purpose of the travel, major transportation, frequency taxi use, age, transportation costs, and the discount of taxi transfers. Also, the taxi transfer discount could be expected to increase to 1,550 won based on the price elasticity of demand due to changes in taxi transfer discount rate.

An Analysis on the Determinants of Mountainous and Coastal Area's Housing Value Caused by the Characteristics of the Natural Environment (자연환경 특성에 따른 산지형 및 해안형 아파트의 주거가치 상승 결정요인 비교 분석)

  • Choi, Yeol;Kim, Hyeong Jun;Kim, Su Jin
    • KSCE Journal of Civil and Environmental Engineering Research
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    • v.33 no.2
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    • pp.811-819
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    • 2013
  • This study aims to analyze determinants of mountainous and coastal area's housing value caused by the characteristics of the natural environment. As the current issue of housing value is throwing the spotlight on the climate change recently, environmental features are significantly important than before. There were a lot of studies on the influence of environmental characteristics to the housing price but these studies were mostly dealing with the housing price in especially apartments nearby Han-river in Seoul, South Korea. To have differences with existing studies, environmental characteristics estimating housing value are classified as 8 elements including the view, the wind speed, and the humidity. The result of this study is in following; there were few significant environmental variables in mountainous housing value growth model. This means people living in mountainous area recognize on environmental factors more such as housing or complex characteristics. People living in coastal area are much more sensitive environment variables in their residence value than mountainous area. Especially, the view for the ocean is the most important variable in housing value, and wind speed is second positively significant. Humidity and safety of disaster are negatively significant variables.