• 제목/요약/키워드: Panel Data Approach

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The Importance of Financial Literacy: Household's Income Mobility Measurement and Decomposition Approach

  • MONSURA, Melcah Pascua
    • The Journal of Asian Finance, Economics and Business
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    • 제7권12호
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    • pp.647-655
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    • 2020
  • This study introduced income mobility analysis using pseudo-longitudinal panel data from Family Income and Expenditure Survey (FIES) to consider the dynamic process of individual's well-being through time. Since there is no comprehensive measurement of income mobility because of its dynamic process, various income mobility indices such as Chi-square, Average Jump Index, Atkinson et al. Mobility Ratio, and Shorrocks' Mobility Index were used. These indices revealed that Filipino households' income movements are more mobile than expected, and their income status improved from 2000 to 2015. As income mobility takes place, income inequality is reduced by 91.80 percent (91.80%). Furthermore, the growth effect is the main factor of income mobility. This indicates that households took the economic opportunities from economic growth to earn more. However, income mobility due to transfer effect (transfer of income from one household to another through lottery winning and borrowing) increased when the economy is not good. The higher income mobility due to growth effect compared to transfer effect, whether the economy is good or bad, means that households learned how to use their income in savings, investments, and entrepreneurship. This is the result of a successful financial literacy program of the government wherein households realized financial stability and security.

초등학교 3학년 아동의 학교적응 유형을 예측하는 학습습관과 정서행동문제의 역할 (The Roles of Study Habits and Emotional-behavioral Problems in Predicting School Adjustment Classification Among 3rdGraders)

  • 성미영;장영은;서병태
    • 한국보육지원학회지
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    • 제12권6호
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    • pp.79-102
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    • 2016
  • The purpose of this study was to identify school adjustment groups by applying a Latent Profile Analysis(LPA) and to investigate the effects of children's emotional problems and study habits on determining the membership of these groups. LPA and multiple logistic regression were conducted using the data of 2,200 third-graders from the Korean Children and Youth Panel Study. The results are listed as follows. First, four school adjustment groups were identified: adjustment, approach to adjustment, maladjustment risk, and maladjustment group. Second, accomplishment value and mastery goal orientation were relatively strong predictors of membership of the school adjustment groups. Time management was also a significant variable that predicted the membership of maladjustment or the maladjustment-risk group. Third, attention problems and depression were the most consistent predictors of membership of maladjustment or the maladjustment-risk group. Physical symptoms and social withdrawal were also significant. Based on the results, implications for intervention to promote early school adjustment were discussed.

와도를 기저로 한 비압축성 점성유동해석 방법 (A Vorticity-Based Method for Incompressible Viscous Flow Analysis)

  • 서정천
    • 한국전산유체공학회지
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    • 제3권1호
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    • pp.11-21
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    • 1998
  • A vorticity-based method for the numerical solution of the two-dimensional incompressible Navier-Stokes equations is presented. The governing equations for vorticity, velocity and pressure variables are expressed in an integro-differential form. The global coupling between the vorticity and the pressure boundary conditions is fully considered in an iterative procedure when numerical schemes are employed. The finite volume method of the second order TVD scheme is implemented to integrate the vorticity transport equation with the dynamic vorticity boundary condition. The velocity field is obtained by using the Biot-Savart integral. The Green's scalar identity is used to solve the total pressure in an integral approach similar to the surface panel methods which have been well established for potential flow analysis. The present formulation is validated by comparison with data from the literature for the two-dimensional cavity flow driven by shear in a square cavity. We take two types of the cavity now: (ⅰ) driven by non-uniform shear on top lid and body forces for which the exact solution exists, and (ⅱ) driven only by uniform shear (of the classical type).

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인테리어 내장재의 고급감에 관한 시각 및 촉각변수의 수량화 모형 개발 (Development of Quantification Models on Visual and Tactile Design Characteristics for the Luxuriousness of Interior Covering Materials)

  • 반상우;윤명환
    • 대한산업공학회지
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    • 제33권4호
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    • pp.393-401
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    • 2007
  • Affective aspects of design attributes such as color, Pattern, and texture are important to the overall impression and the success of interior products. Among all the interior materials, wallpapers and flooring materials take up largest construction area and they are main components in creating affective impression for customers. This study aims to investigate the relationship between luxuriousness and related affective variables and design elements of wallpapers and flooring materials. The approach consists of 3 steps: (1) selecting related affective features and product design attributes through a literature survey, opinion of expert panel, and focus group interview, (2) conducting evaluation experiments, and (3) developing Kansei models using multivariate statistical analysis and analyzing critical attributes. Evaluation experiment was conducted using a questionnaire made up of 7-point scale and 100-point scale and 30 housewives and 20 interior designers participated in the evaluation experiment. The result of evaluation was analyzed through principal component regression and quantification I analysis. As a result of analyzing the survey data, the relationship between luxuriousness and related affective features and product design attributes was identified, moreover a optimal combination of the design component was identified. Consequently, it is expected that the results of the study would be a basis of the concept of emotion-based design by giving insights about how customers perceive the luxuriousness and suggesting the optimal combination, and providing specific quantitative design guidelines.

Factors contributing to participation in food assistance programs in the elderly population

  • Hong, Seo Ah;Kim, Kirang
    • Nutrition Research and Practice
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    • 제8권4호
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    • pp.425-431
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    • 2014
  • BACKGROUND/OBJECTIVES: The study objectives were to examine the participation rate in food assistance programs and explore the factors that contribute to such participation among the Korean elderly population. SUBJECTS/METHODS: The study sample comprised 3,932 respondents aged 65 years or older who were selected from a secondary data set, the fourth Korean Welfare Panel Study (KoWePS). The factors, related to participation in programs were examined based on the predisposing, enabling and need factors of the help-seeking behavior model. Multiple logistic regression analysis was used to select the best contributors among the factors related to program participation. RESULTS: The predisposing rate in food assistance programs was 8.5% (7.1% for men and 10.4% for women). When all variables were included in the model, living without spouse, no formal education, low income, having social security benefits and food insecurity in elderly men, and age, low income, having social security benefits and feeling poor in elderly women were significantly related to a higher tendency to program participation. CONCLUSIONS: The predisposing and need factors, such as living without spouse, low education level, food insecurity and feeling poor were important for program participation, as well as enabling factors, such as household income and social security benefits. A comprehensive approach considering these factors to identify the target population for food assistance programs is needed to increase the effectiveness and target population penetration of these programs.

The Factors Affecting Kyrgyzstan's Bilateral Trade: A Gravity-model Approach

  • Allayarov, Piratdin;Mehmed, Bahtiyar;Arefin, Sazzadul;Nurmatov, Norbek
    • The Journal of Asian Finance, Economics and Business
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    • 제5권4호
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    • pp.95-100
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    • 2018
  • The study investigates the factors that affect Kyrgyzstan's bilateral trade flows with its main trading partners and attempts to predict trade potential for Kyrgyzstan. Using panel data, the gravity model is applied to estimate Kyrgyzstan's trade from 2000 to 2016 for its 35 main trading partners. The coefficients derived from the gravity-model estimation are then used to predict trade potential for Kyrgyzstan. Results proved to be successful and explained 63% of the fluctuations in Kyrgyzstan's trade. According to the results, Kyrgyzstan's and its partners' GDP have a positive effect on trade, while distance and partners' population prove to have a negative effect. Predicted trade potential reveals that neighboring countries (China, Kazakhstan, Uzbekistan, and Tajikistan) and Russia still have a significant trade potential. Kyrgyzstan, being a less developed economy, even by Central Asia standards, can only achieve its goals of reducing poverty and becoming more developed by increasing its overall trade with the rest of the world. Therefore, it is essential to study the main determinants of Kyrgyzstan's bilateral trade. In this way, we can help policy makers formulate policies to expand Kyrgyzstan's trade. This study is the first attempt to apply to the gravity model to Kyrgyzstan in an attempt to predict trade potential.

Analysis of Unequal Distribution of Population Income in Indonesia

  • PRAWOTO, Nano;CAHYANI, Richa Dwi
    • The Journal of Asian Finance, Economics and Business
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    • 제7권7호
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    • pp.489-495
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    • 2020
  • Income inequality is a problem that is not only faced by developing countries such as Indonesia, but also developed countries. The difference lies in the proportion of an inequality that occurs and the solution to the level of difficulty experienced. Thus, this study aims to empirically analyze the unequal distribution of population income in Java island, Indonesia, by including the human development index, open unemployment rate, foreign investment, and the degree of fiscal decentralization. The research model used in this study was multiple linear regression to analyze the panel data with a fixed-effect model approach. The results of the study showed that human development index, open unemployment rate, and the degree of fiscal decentralization had a positive and significant effect on income inequality in Java island. Meanwhile, foreign investment had a negative and insignificant effect on income inequality in Java. It is because the value of the investment is more invested in the capital-intensive sector. The government is expected to be more selective in accepting foreign investments that enter the country, especially in Java, and it should be labor-intensive investments. In addition, the government has to equalize locations for foreign investment without reducing good cooperation with these foreign investors.

Wage Determinants Analysis by Quantile Regression Tree

  • Chang, Young-Jae
    • Communications for Statistical Applications and Methods
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    • 제19권2호
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    • pp.293-301
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    • 2012
  • Quantile regression proposed by Koenker and Bassett (1978) is a statistical technique that estimates conditional quantiles. The advantage of using quantile regression is the robustness in response to large outliers compared to ordinary least squares(OLS) regression. A regression tree approach has been applied to OLS problems to fit flexible models. Loh (2002) proposed the GUIDE algorithm that has a negligible selection bias and relatively low computational cost. Quantile regression can be regarded as an analogue of OLS, therefore it can also be applied to GUIDE regression tree method. Chaudhuri and Loh (2002) proposed a nonparametric quantile regression method that blends key features of piecewise polynomial quantile regression and tree-structured regression based on adaptive recursive partitioning. Lee and Lee (2006) investigated wage determinants in the Korean labor market using the Korean Labor and Income Panel Study(KLIPS). Following Lee and Lee, we fit three kinds of quantile regression tree models to KLIPS data with respect to the quantiles, 0.05, 0.2, 0.5, 0.8, and 0.95. Among the three models, multiple linear piecewise quantile regression model forms the shortest tree structure, while the piecewise constant quantile regression model has a deeper tree structure with more terminal nodes in general. Age, gender, marriage status, and education seem to be the determinants of the wage level throughout the quantiles; in addition, education experience appears as the important determinant of the wage level in the highly paid group.

철골보와 철근콘크리트기둥으로 구성된 내부 접합부의 극한전단강도 산정에 관한 연구 (A Study on the Ultimate Shear Strength Estimation of the Interior Joints of Steel Beam and Reinforced Concrete Column)

  • 문상훈;안재혁;박천석
    • 한국안전학회지
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    • 제21권2호
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    • pp.57-62
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    • 2006
  • Recent trends in the construction of building frame feature the use of composite steel concrete members. One of such system, RCS(Reinforced Concrete column and Steel beam) system, is known as a type of system to maximize the structural and economic benefits in the most efficient manner. This paper is focusing on an study of ultimate shear strength estimation of the interior beam-column joints of RCS system, with reinforced concrete column and steel beam. Current design methods as well as the majority of the previous researches for ultimate shear strength of the interior beam-column joint of RCS system are not easy to apply actual manner. There is a need to propose the rational macro models based on analytical approach. In this study, design method variables for interior beam-column joints of RCS system is studied assuming shear resistance of steel web panel, diagonal concrete strut mechanism and truss mechanism. Finally, calculated results based on the proposed design model are compared with test data.

Nonlinear effects on motions and loads using an iterative time-frequency solver

  • Bruzzone, Dario;Gironi, C.;Grasso, A.
    • International Journal of Naval Architecture and Ocean Engineering
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    • 제3권1호
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    • pp.20-26
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    • 2011
  • A weakly nonlinear seakeeping methodology for predicting motions and loads is presented in this paper. This methodology assumes linear radiation and diffraction forces, calculated in the frequency domain, and fully nonlinear Froude-Krylov and hydrostatic forces, evaluated in the time domain. The particular approach employed here allows to overcome numerical problems connected to the determination of the impulse response functions. The procedure is divided into three consecutive steps: evaluation of dynamic sinkage and trim in calm water that can significantly influence the final results, a linear seakeeping analysis in the frequency domain and a weakly nonlinear simulation. The first two steps are performed employing a three-dimensional Rankine panel method. Nonlinear Froude-Krylov and hydrostatic forces are computed in the time domain by pressure integration on the actual wetted surface at each time step. Although nonlinear forces are evaluated into the time domain, the equations of motion are solved in the frequency domain iteratively passing from the frequency to the time domain until convergence. The containership S175 is employed as a test case for evaluating the capability of this methodology to correctly predict the nonlinear behavior related to wave induced motions and loads in head seas; numerical results are compared with experimental data provided in literature.