• Title/Summary/Keyword: Panel linear regression

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Antecedents of Duty Free Shop Willingness to Pay

  • Song, Myungkeun;Moon, Joonho;Tang, Ruo-Han
    • Asia-Pacific Journal of Business
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    • v.12 no.1
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    • pp.87-100
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    • 2021
  • Purpose - This study aims to examine the antecedents of willingness to pay in the domain of duty free shop. Design/methodology/approach - This study chooses willingness to pay as explained variable. The candidates of explanatory variables are price fairness, brand awareness, employee service, product diversity, and crowding. This study uses survey to explore the linear relation between variables. This research collected data using online panel data collection service. The number of valid observation is 265. The research targe is Lotte duty free store. Statistical analysis was for statistical inference. To attain the information of survey respondents, frequency analysis is employed. Next, this study implemented exploratory factor analysis and reliability to ensure both validity and reliability of measurement items. This study executed multiple regression analysis to test research hypotheses Findings - Regrading results, brand awareness, employee service, and product diversity are positively associated with willingness to pay of duty free shop product. Moreover, the results of regression analysis suggest the inverted-U shape association between crowding and willingness to pay. However, price fairness appeared as non-significant variable to account for willingness to pay in the multiple regression analysis. Originality - This study contributes to the literature by examining duty free shop customers more.

The Impact of Private Educational Expenditure on Adolescent Depression and Somatic Symptoms (사교육비 지출이 청소년 자녀의 우울과 신체증상에 미치는 영향)

  • Lee, Seonglim;Kim, Jinsook
    • Human Ecology Research
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    • v.60 no.2
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    • pp.289-302
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    • 2022
  • This study examined the effect of private educational expenditure on adolescent depression and somatic symptoms. The sample comprised 2,589 first-grade middle-school students who completed the 2018 Korea Children and Youth Panel Survey. Data were analyzed using ANOVA (the generalized linear model), multiple regression, and quantile regression analysis. The principal results were as follows. First, 15.15% of adolescents reported depression symptoms, and 15.57% reported somatic symptoms. Second, levels of depression were significantly different among classes with a different level of private educational expenditure. Third, depression level was significantly negatively associated with private educational expenditure, in that the higher the private educational expenditure, the lower the depression level. Fourth, the effect of private educational expenditure on adolescent depression was significant at the 70~90th quantile regression, suggesting that private educational expenditure was associated with a higher level of depression symptoms. The results indicate that private education was viewed as a consumption commodity rather than a complementary educational practice or investment in human capital. Private education as a commodity might induce the highly developed and costly private education market. In turn, there is an increased financial burden for education at one end of the social-economic continuum and depression caused by relative deprivation at the other end.

Dividend Policy and Companies' Financial Performance

  • KANAKRIYAH, Raed
    • The Journal of Asian Finance, Economics and Business
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    • v.7 no.10
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    • pp.531-541
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    • 2020
  • This study aims to determine the nature of the association between dividend policy and a corporation's financial performance in emerging countries, as well as the main variables that may have an effect on financial performance. The study included 92 industrial and service sector companies listed on the Amman Stock Exchange (ASE) during the period from 2015 to 2019. The study used Panel Data Analysis and cross-sectional time-series data and simple and multiple linear regression models. A multiple regression model was also developed in order to test whether guess factors may have a possible impact on financial performance (such as Dividend Yield, Dividend Pay-out Ratio, Firm Size, Leverage Ratio, Current Ratio). The data was collected from the annual reports and information that was available on the ASE website covering the period from 2015 to 2019. The results detect a strong relation between DY, DPR, and FSIZE variables that explain firm performance. Also leverage ratio is negatively and significantly associated with ROA and AOE. Moreover, no relations were detected between current ratio and financial performance. The study's conclusion is that dividend policy explains a lot of a company's financial performance, meaning that the dividend policy has a statistically significant impact on company financial performance.

Analysis of factors affecting Korean Medicine utilization of multicultural family members (다문화가정의 한의의료이용에 미치는 요인 분석 연구)

  • Song, Minsun;Choi, Chanhun;Kim, Dongsu
    • The Journal of Korean Medicine
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    • v.43 no.1
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    • pp.60-72
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    • 2022
  • Objectives: This study aimed to analyze the Korean medical utilization and Korean medical expenses by characteristics of multicultural family members to investigate whether it affects Korean medical utilization. Methods: This study utilized The Korea Health Panel data in 2018, with 238 final participants. We performed a t-test and ANOVA on the difference between Korean medical utilization and Korean medical expenses according to Anderson's Model of Health Service Utilization variables. Logistic regression analysis and generalized linear model analysis were conducted to analyze Korean medical utilization factors. Results: The Korean Medical utilization was 12.61% among the multicultural family members. As a result of regression analysis, the female had high Korean medical utilization(p=.008), and rural area residents had low utilization(p=.017). Korean medical expenses were high when they were female or married. Including the utilization of western medical services by outpatients, Korean medical expenses were high when they were female or outpatients who received western medical services. Conclusions: As a result of this study, the factors influencing Korean medical utilization were gender and residence area. There were differences in Korean medical expenses depending on western medical services use or gender. Therefore, it is necessary to use these factors to expand the Korean Medical utilization by multicultural family members, and research of the Korean medical utilization by disease is needed.

The Impact of Debt on Corporate Profitability: Evidence from Vietnam

  • NGO, Van Toan;TRAM, Thi Xuan Huong;VU, Ba Thanh
    • The Journal of Asian Finance, Economics and Business
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    • v.7 no.11
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    • pp.835-842
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    • 2020
  • The study aims to investigate the impact of debt on corporate profitability in the context of Vietnam. The paper investigates the impact of debt on corporate profitability in non-finance listed companies on the Vietnam stock market. The panel data of the research sample includes 118 non-financial listed companies on the Vietnam stock market for a period of nine years, from 2009 to 2017. The Generalized Method of Moments (GMM) is employed to address econometric issues and to improve the accuracy of the regression coefficients. In this research, corporate profitability is measured as the return of EBIT on total assets. The debt ratio is a ratio that indicates the proportion of a company's debt to its total assets. Firm sizes, tangible assets, growth rate, and taxes are control variables in the study. The empirical results show that debt has a statistically significant negative effect on corporate profitability. The result also shows this effect is stronger in a non-linear (concave) way, we show that the debt ratio has nonlinear effects on corporate profitability. From this, experimental evidence shows that the optimal debt ratio is 38.87%. This evidence provides a new insight to managers of the non-finance companies on how to improve the firm's profitability with debt.

Analysis on Factors Affecting Depression of Multicultural Adolescents (다문화 청소년의 우울에 미치는 영향요인 분석)

  • Sohn, Shin-Young
    • The Journal of Korean Society for School & Community Health Education
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    • v.20 no.3
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    • pp.101-111
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    • 2019
  • Objectives: The aim of this study was to examine factors influencing depression of multicultural adolescents and to develop health education program of multicultural adolescents' depression. Methods: This study used data from the 6th MAPS( Multicultural Adolescents Panel Study). Data were analyzed with t-test, ANOVA, Pearson's correlation and multiple linear regression. Results: The significant predictors of depression of multicultural adolescents were social withdrawal, self-esteem, cultural adaptation stress and parental support. Conclusions: Based on the results of this study, it is necessary to develop programs to improve depression of multicultural adolescents.

An Analysis of the Determinants of the Collection Rate of Agricultural Plastic Waste (영농폐비닐 수거율 결정요인 분석)

  • Yi, Wooell;An, Donghwan
    • Journal of Korean Society of Rural Planning
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    • v.25 no.3
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    • pp.11-18
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    • 2019
  • It is widely known that agricultural plastic waste incineration by farmers may cause big forest fire or fine dust in rural areas. Hence, how to increase the rate of collection and recycling of the agricultural plastic waste is of concern to policy makers especially for rural environment. The purpose of this study is to find the determinants of the collection rate of agricultural plastic waste. This study used the data from 'Research on Agricultural Waste' by the Korea Environment Corporation from year 2012 to 2015 for 163 regions. This study found that the compensation rate for collection, the frequency of collecting services, and the quality of waste are important to increase the collection rate. And the regions with more elderly and low income people are more likely to have higher collection rate. Finally, the chief producing regions that are specialized in a certain crop shows higher collection rate.

The Impact of Board of Directors' Characteristics on Firm Performance: A Case Study in Jordan

  • KANAKRIYAH, Raed
    • The Journal of Asian Finance, Economics and Business
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    • v.8 no.3
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    • pp.341-350
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    • 2021
  • This study tested the effect of the board of directors' (BOD) characteristics on the corporate performance of the Jordanian industrial and service companies listed on the Amman Stock Exchange (ASE) during the period 2015-2019. The characteristics of the BOD were measured through the following variables: MO = managerial ownership; CEODU = CEO duality; BI = board independence; GD = gender diversity; ND = nationality diversity; AE = advanced education; BM = board meetings; BSIZ = board size; CSIZ = corporate size; CA = corporate age. The corporate performance was measured by return on assets (ROA) and return on equity (ROE). The corporate size and corporate age were used as control variables. The study sample consisted of 85 industrial and service companies with 425 observations to identify the nature of the effect of the BOD characteristics on performance. This study applied time-series data (panel data), and the multiple linear regression method was used to achieve study objectives. Results showed a positive effect of the study variables on performance, while the corporate age and the education level (BOD members) have a negative effect on performance.

A Study on Spillover of Technology Trade against Post- BRICs (BRICs 이후 신흥국과의 기술무역 확산방안 연구)

  • Baek, Eun-Young
    • International Commerce and Information Review
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    • v.16 no.5
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    • pp.361-385
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    • 2014
  • This study focused on Spillover of Technology Trade against Post- BRICs of the Technology export of Korea. Therefore this study made an empirical analysis for investigating the competitiveness of technology export in Korea and using panel data 2003-2012 of technology trade data between 6 Countries(Indonesia, Mexico, Nigeria, South Africa, Turkey, Vietnam). In particular, the study deduced the correlation between technology export in Korea using the variables of Gross Domestic Expenditure on R&D and Per capita GDP, distance, population, free-trade index, FDI, Technology-Intensive Manufactures, Pattern Investment fixed effect model in panel linear regression model. It is found that the Technology export of Korea SMEs made a significant effect on the pop, free_trade, and distance. and also it is found that the Technology export of Korea Big Business made a significant effect on the per-GDP, Fdi from Korea, free_trade, and distance. The results suggest that the study should use technology gap variables and the strategy for activating the Technology export of Korea should be made for future works.

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An Empirical Test on Technology Export of Korea SMEs (우리나라 중소기업의 기술수출에 관한 실증연구)

  • Baek, Eun-Young
    • International Commerce and Information Review
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    • v.16 no.2
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    • pp.279-296
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    • 2014
  • This study focused on the Technology export of Korea SMEs. Therefore this study made an empirical analysis for investigating the competitiveness of technology export in Korea SMEs and using panel data 2003-2011 of technology trade data between 72 Countries. In particular, the study deduced the correlation between technology export in Korea SMEs using the variables of Gross Domestic Expenditure on R&D and Per capita GDP, distance, population, free-trade index, firm R&D against industry value added of country, Patent grants by country to USA fixed effect model in panel linear regression model. It is found that the Technology export of Korea SMEs made a significant effect on the per-GDP, Gross Domestic Expenditure on R&D. The results suggest that the study should use technology gap variables and the strategy for activating the Technology export of Korea SMEs should be made for future works.

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