• Title/Summary/Keyword: Panel model

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The Relationship between Cultural Adaptation Stress and Life Satisfaction of Multicultural adolescents

  • Kim, Hyung Hee;Chun, Jong soon
    • Journal of the Korea Society of Computer and Information
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    • v.27 no.4
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    • pp.119-125
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    • 2022
  • In this paper, we intend to examine the mediating effects of self-esteem and school life adaptation in the path between cultural adaptation stress and life satisfaction of multicultural adolescents, and propose ways to improve the life satisfaction level of multicultural adolescents. As analysis data for this purpose, the 4th, 5th, and 6th panel data of multicultural youth of the Korea Youth Policy Research Institute were used, and multivariate potential growth model analysis was performed using the statistical programs SPSS 23.0 and Amos 23.0 version. In addition, the individual mediating effects of self-esteem and school life adaptation were verified using phantom variables. As a result of the analysis, it was possible to confirm the longitudinal mediating effects of self-esteem and school life adaptation, which suggests that multi-dimensional efforts are needed to improve self-esteem and school life adaptation level to improve the life satisfaction level of multicultural adolescents. Therefore, based on the results of this study, practical measures to improve the life satisfaction of multicultural adolescents were presented in detail.

Associations Between Work Characteristics, Engaged Well-Being at Work, and Job Attitudes - Findings from a Longitudinal German Study

  • Brokmeier, Luisa L.;Bosle, Catherin;Fischer, Joachim E.;Herr, Raphael M.
    • Safety and Health at Work
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    • v.13 no.2
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    • pp.213-219
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    • 2022
  • Objective: The Job Demand & Resources model suggests work characteristics are related to mental well-being and work engagement. Previous work describes the development of a combined construct 'engaged well-being at work' (EWB). To what extent changes in measures of this construct are responsive to changes in job demands and resources or associated with changes in job-related attitudes has not been established. Methods: Longitudinal employee-level data from three waves (German Linked Personnel Panel) were used. Logistic and linear fixed effects regression analyses explored longitudinal associations between changes in EWB for participants over a three-year period with changes in job demands and resources and job-related attitudes (job commitment, satisfaction, and turnover intentions). Results: While job resources were associated with increased odds for a change into a healthier and/or more engaged category of EWB, job demands reduced them. Job resources were more strongly related to higher EWB (ORrange = 1.22 - 1.61) than job demands (ORrange = 0.79 - 0.96). Especially psychological job demands showed negative associations with improved EWB (OR = 0.79). A change from the least desirable category 'disengaged strain' to any other category of EWB was associated with greater odds by up to 20.6 % for increased commitment and job satisfaction and lower odds for turnover intentions. Discussion: Improving work characteristics, especially job resources, could increase employees' EWB, emphasizing the importance of job characteristics for a healthy workplace. Because EWB seems to be associated with job attitudes, an improvement of this indicator would be relevant for employees and employers.

The Role of Franchising on the Restaurant Firms' Performance during COVID-19 (코로나-19 팬데믹 상황에서 외식기업의 경영성과와 프랜차이즈의 역할)

  • SUN, Kyung-A;KIM, Seung-Hyun
    • The Korean Journal of Franchise Management
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    • v.13 no.4
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    • pp.39-48
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    • 2022
  • Purpose: COVID-19 has negatively influenced the financial performance of restaurant firms. Previous literature suggests that the franchising strategy effectively helps restaurant firms recover from difficult business conditions through various methods for expanding business size and enhancing business efficiency. According to risk-sharing theory, restaurant franchisors may minimize operational risks by sharing the risks with their franchisees. For instance, restaurant franchisors could generate more stable cash flow using franchise fees from their franchisees. However, research on the effect of franchise's risk reduction factor on business performance during pandemic is scarce. Thus, this study aims to examine the positive moderating effect of franchising between COVID-19 and restaurants' financial performance. Research design, data, and methodology: Panel data including financial information and franchising status of restaurant firms were collected for analysis. In order to control for unobserved firm-specific factors, generalized least squared estimation in fixed effects model was conducted. Huber-White robust standard errors were used to deal with heteroscedasticity issues. Results: It was found that COVID-19 pandemic has a negative effect on the restaurants' financial performance such as ROA (return on assets), ROE (return on equity), and PM (profit margins), which confirms the findings from existing literature. More importantly, results show that the degree of franchising has a positive moderating effect on the relationship between COVID-19 and financial performance of restaurant firms. This suggests that more active engagement in franchising may decrease negative impacts of COVID-19 on the restaurants' financial performance. Conclusions: The study supports existing literature related to risk-sharing theory, by confirming that pandemics, such as COVID-19, negatively affect financial performance of the restaurants. Furthermore, it was found that franchising strategy can help lessen negative impacts of pandemics on the firm performance. These findings can contribute to the franchise and restaurant management literature by suggesting the role of franchising in reducing business risks, thereby positively affecting financial performance. Moreover, this study offers business managers of franchisors and franchisees insights for utilizing franchising in restaurant risk management. Policymakers may also gain information on aiding restaurant firms during global crisis, such as COVID-19.

Numerical finite element study of a new perforated steel plate shear wall under cyclic loading

  • Farrokhi, Ali-Akbar;Rahimi, Sepideh;Beygi, Morteza Hosseinali;Hoseinzadeh, Mohamad
    • Earthquakes and Structures
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    • v.22 no.6
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    • pp.539-548
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    • 2022
  • Steel plate shear walls (SPSWs) are one of the most important and widely used lateral load-bearing systems. The reason for this is easier execution than reinforced concrete (RC) shear walls, faster construction time, and lower final weight of the structure. However, the main drawback of SPSWs is premature buckling in low drift ratios, which affects the energy absorption capacity and global performance of the system. To address this problem, two groups of SPSWs under cyclic loading were investigated using the finite element method (FEM). In the first group, several series of circular rings have been used and in the second group, a new type of SPSW with concentric circular rings (CCRs) has been introduced. Numerous parameters include in yield stress of steel plate wall materials, steel panel thickness, and ring width were considered in nonlinear static analysis. At first, a three-dimensional (3D) numerical model was validated using three sets of laboratory SPSWs and the difference in results between numerical models and experimental specimens was less than 5% in all cases. The results of numerical models revealed that the full SPSW undergoes shear buckling at a drift ratio of 0.2% and its hysteresis behavior has a pinching in the middle part of load-drift ratio curve. Whereas, in the two categories of proposed SPSWs, the hysteresis behavior is complete and stable, and in most cases no capacity degradation of up to 6% drift ratio has been observed. Also, in most numerical models, the tangential stiffness remains almost constant in each cycle. Finally, for the innovative SPSW, a relationship was suggested to determine the shear capacity of the proposed steel wall relative to the wall slenderness coefficient.

Numerical Analysis on Turning and Yaw Checking Abilities of KCS in Calm Water a Based on Free-Running Simulations (가상 자유 항주를 이용한 KCS 선형의 정수 중 선회 및 변침 성능 해석)

  • Yang, Kyung-Kyu;Kim, Yoo-Chul;Kim, Kwang-Soo;Yeon, Seong Mo
    • Journal of the Society of Naval Architects of Korea
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    • v.59 no.1
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    • pp.1-8
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    • 2022
  • To understand physical phenomena of ship maneuvering deeply, a numerical study based on computational fluid dynamics is required. A computational method that can simulate the interaction between the ship hull, propeller, and rudder will provide informative local flows during ship maneuvering tests. The analysis of local flows can be applied to improve a physical model of ship maneuvering that has been widely used in maneuvering simulations. In this study, the numerical program named as WAVIS that has been developed for ship resistance and propulsion problems is extended to simulate ship maneuvering by free-running tests. The six degree-of-freedom of ship motion is implemented based on Euler angles and the overset technique is applied to treat the moving grid of ship hull and rudder. The propulsion force due to a propeller is calculated by a panel method that is based on the lifting-surface theory. The newly extended code is applied to simulate turning and zig-zag tests of KCS and the comparison with the available experimental data has been made.

The Chilling Trade Effects of Provisional Anti-dumping Duties: The Case of Korea

  • Sun, Joo Yeon
    • Journal of Korea Trade
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    • v.24 no.3
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    • pp.1-19
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    • 2020
  • Purpose - This study empirically analyzes the effects of provisional anti-dumping duties levied on imports by Korea following anti-dumping investigations. An anti-dumping duty is a legal tool that countries use to impose duties on imports to offset injurious dumping. This study verifies how effective the imposition of a provisional anti-dumping duty is and whether such duties have trade chilling effects on aggregate imports. Specifically, this study examines import trade diversion from named to unnamed countries caused by the imposition of provisional anti-dumping duties. Design/methodology - This empirical analysis employs an econometric model of provisional anti-dumping measures for cases in which Korea imposed final affirmative anti-dumping measures. We construct a monthly panel dataset for each stage of anti-dumping investigation undertaken by Korea for all manufacturing industries during 1995-2013. We illustrate a stage-by-stage analysis of anti-dumping investigations from initiation, preliminary decision, imposition of provisional duty, final affirmative decision, and imposition of final affirmative duty on a monthly basis at the six-digit harmonized system code-level. Findings - For cases in which provisional duties are imposed, the reduction in imports from named countries outweighs the increase in imports from unnamed countries. The substantial reduction in imports from named countries is large enough to offset the import diversion to unnamed countries, suggesting that import diversion in investigations is limited during the investigation period. Therefore, the use of provisional anti-dumping duties in Korea is effective, providing evidence of a chilling effect on aggregate imports. Originality/value - Few studies examine the size of the effects on import trade diversion of the imposition of provisional anti-dumping duties. We contribute to the literature by disentangling separate trade effects for each phase of the anti-dumping investigation process and imposition of provisional duty.

The Effect of Young People's Housing and Employment Characteristics on Willingness for Marriage (청년층의 주거와 취업특성이 결혼의향에 미치는 영향)

  • Kwanghoon, Hwang
    • Land and Housing Review
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    • v.14 no.1
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    • pp.1-16
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    • 2023
  • This study examines the housing-related characteristics of unmarried youth using occupational history data from the 10th-14th (2016-2020) youth panel (YP2007) of the Korea Employment Information Service, and the characteristics of housing and employment. Their effect on marriage intention was empirically analyzed. The results of the analysis show that highly educated people, high-wage workers, household heads or economically independent young people, and young people in good financial conditions have a high willingness to marry. Their economic conditions are very important factors. Among the young employed who have become economically independent from their parents, full-time permanent workers, workers at large corporations, and highly waged youth showed a strong desire to get married. On the contrary, young people who are insecure temporary/daily workers, workers at small firms, and low-wage workers show a low willingness to marry. In conclusion, the results imply that young people who are in a vulnerable state in the labor market are giving up or delaying their marriage. Therefore, it is necessary to enhance policies to provide better employment opportunities for youth and, simultaneously, revamp the policy measures to enhance housing conditions.

A Longitudinal Study on the Effects of Child Maltreatment Experiences on School Bullying Experiences: Focusing on the Mediating Effects of School Violence Victimization Experiences and Aggression

  • Kim, Hyung-Hee;Kim, Yong-Seob
    • Journal of the Korea Society of Computer and Information
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    • v.27 no.8
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    • pp.203-210
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    • 2022
  • In this study, we tried to examine the longitudinal mediating effects of school violence damage experience and aggression in the relationship between child maltreatment experiences and school bullying experiences. For the analysis data for this purpose, the 3rd, 5th, 6th, and 7th data of the Korean Children and Youth panel data of the Korea Youth Policy Research Institute were used. A total of 1,813 data were analyzed using the statistical program SPSS 26.0 and Amos 26.0 version as a multivariate latent growth model. As a result of the analysis, it was possible to confirm the mediating effects of school violence victimization experiences and aggression. These results suggest that multilateral efforts are needed to lower the level of maltreatment, school violence victimization, and aggression that affect the school bullying experiences. Based on the results of this analysis, this study specifically suggested practical measures to prevent adolescents' maltreatment experiences from being reproduced as school bullying experiences.

Research on China's Internet Financial Risk Supervision and Countermeasures (중국 인터넷 금융 리스크 관리 및 대책 연구)

  • Yuan, Zhao;Sim, Jae-Yeon
    • Industry Promotion Research
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    • v.7 no.4
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    • pp.109-119
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    • 2022
  • In recent years, China's Internet finance industry is hot. There is no doubt that Internet finance has been fully integrated into China, forming a new form of financing, and rapidly becoming a new channel for investment and financing in China, shouldering the responsibility of inclusive financing and building China's real economy. However, with investment, there are risks. Based on the panel data of China's Internet financial platform, this paper uses the random effect model to study the influencing factors of Internet financial risks, and draws three conclusions: (1) The user funds and platform funds of the financial platform will be managed separately by the bank, which can effectively reduce the risk of financial transactions on the Internet; (2) The risk of Internet financial transactions can be effectively reduced by avoiding the concentration of platform funds in the hands of a few borrowers through regulatory policies; (3) The liquidity control of funds effectively reduces the risk of Internet financial transactions. Based on the conclusions, we propose optimization strategies for regulatory policies to achieve the healthy and sustainable development of Internet finance.

The Effect of Performance Feedback on Firms' Decision to Form an International Strategic Alliance and Performance in the Korean Manufacturing Industry

  • Han, Sang-yun
    • Journal of Korea Trade
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    • v.25 no.6
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    • pp.57-77
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    • 2021
  • Purpose - International strategic alliance has been regarded as a strategic decision made by firms' managerial problems and ensure performance growth. From the perspective of the proactive behavior for changing strategies in a global market, this study aims to identify whether performance feedback influences firms' decisions to pursue strategic alliances. This study examines the effects of performance feedback on performance when firms use strategic alliances. Design/methodology - To analyze the impact of performance feedback on forming an international strategic alliance, this study adopt the concept of performance feedback to develop a research model and our hypotheses. Thus, this study used a two-stage least squares unbalanced panel data analysis with random effects. This study is based on 24,543 observations from Korean manufacturing firms from 2007 to 2016. Findings - The results show that firms pursue the formation of strategic alliances more actively, if their past financial and R&D performance are lower than their aspiration level, based on the result of performance feedback. An in split sample analysis for examining the effect of a firm's technology sophistication based on the OECD's classification, negative innovation performance discrepancy has positive effects on the probability of international alliance in high-tech and medium-high-tech industries. Financial performance also improves when a firm decides to form a strategic alliance based on the results of performance feedback. Originality/value - This research extends recent efforts to better understand the effect of performance feedback on firms' performance when they use strategic alliances. These findings suggest that the CEOs and managers of firms should consider the performance feedback perspective when deciding to pursue a strategic alliance to improve performance. In other words, the decision-makers in a firm must analyze and consider various complex variables inside and outside the firm and expand such subjects of examination to more complex and dynamic factors.