• Title/Summary/Keyword: Probit model

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Influence of Credit on the Income of Households Borrowing from Banks: Evidence from Vietnam Bank for Agriculture and Rural Development, Kien Giang Province

  • Quang Vang, DANG;Viet Thanh Truc, TRAN;Hieu, PHAM;Van Nam, MAI;Quoc Duy, VUONG
    • The Journal of Asian Finance, Economics and Business
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    • v.10 no.2
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    • pp.257-265
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    • 2023
  • This paper investigates the determinants of credit accessibility and the effect of credit on the income of farm households borrowing from Vietnam Bank for Agriculture and Rural Development, Giong Rieng District Branch, Kien Giang Province. Based on the primary data of 200 farming households who are the customer of the bank, the study applied the Probit regression model to examine determinant factors of credit accessibility of farm households and employed the Propensity score matching method to investigate the impact of credit on households' income. The findings of the Probit regression shown that three independent variables that significantly influence the access to credit of households are household size, income source, and farm size. Besides that, the Propensity score matching method results showed a difference of 23.799 million VND/year between the income of borrowing households and that of non-borrowing households at the significance level of 1%. The difference in the imcome from the interval and central matching methods are VND 24.700 million VND/year and VND 24.633 million VND/year, respectively. Given empirical findings suggetsted that several recommendations to increase the credit accessibility of farm households, thereby creating favorable conditions for improving their income.

Analyzing the Characteristics of Trip Chaining Activities of the Elderly in Seoul Metropolitan Area (수도권 고령자의 통행사슬 특성에 관한 연구)

  • Lee, Hyangsook;Choo, Sangho;Kim, Jiyoon
    • The Journal of The Korea Institute of Intelligent Transport Systems
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    • v.13 no.2
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    • pp.68-79
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    • 2014
  • This paper analyzes the characteristics of trip chaining activities of elderly and explores temporal and spatial distribution. The research also estimates ordered probit model and binary logistic model to investigate various factors affecting trip chaining and mode choice patterns. We utilized household survey data for elderly conducted in 2006 and 2010 in Seoul metropolitan area. Research results indicate that trip chaining showed an increasing trend and simple trip chaining counts for more than 85%. GIS mapping expressed spatial distribution of trip departure and arrival areas, particularly showing regional changes in job-related trips. We also found that more factors influence trip chaining in 2010, compared with 2006, and travel cost is more sensitive than travel time in determining travel mode. The research contributes to establish transportation policies based on travel behavior of elderly in a upcoming super-aged society.

The Health Effects of PM2.5: Evidence from Korea (대기오염의 건강위해성 연구 - PM2.5를 중심으로 -)

  • Hong, Jong-Ho;Ko, Yookyung
    • Environmental and Resource Economics Review
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    • v.12 no.3
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    • pp.469-485
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    • 2003
  • This paper reports on the results of epidemiological investigation of daily health effects in the elderly associated with daily exposure to particulate matters in Korea. Our main focus is on the potential difference in health effects between PM10 and PM2.5. While the Korean environmental authority has set an ambient standard for PM10, the government currently does not monitor PM2.5, which has no national standard. A daily data on respiratory symptoms as well as PM concentrations are collected for a total of 120 days. Using a probit model, we find statistically significant negative health effects of PM2.5 on respiratory symptoms among the nonsmoking elderly, while PM10 does not show such effects from the estimation. This result suggests that, for air quality regulatory purposes, PM2.5 can be a more appropriate air pollutant than PM10.

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A Study on Estimation of Overpressure Damage Caused by Rupture of Butane Can (volume : 34 g) (부탄 캔(용량 : 34 g)파열로 인한 과압의 피해예측에 관한 연구)

  • Leem Sa Hwan;Choi Ic Whoan;Lim Dong Yeon
    • Journal of the Korean Institute of Gas
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    • v.9 no.2 s.27
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    • pp.8-15
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    • 2005
  • With the introduction of 40 hour working week system, more households enjoy picnics on weekends. More gas accidents take place on Saturdays and on Sundays than any other days of week. As of October, 2004 casualties resulted from butane can accidents increased 1.5 times compared to the same period of the previous year. In this study, the influence of explosion over-pressure caused by the rupture of butane can thrown away after use was calculated by using the Hopkinson's Scaling Law and the accident damage was estimated by applying the influence on the adjacent structures and people into the Probit model. As a result of the damage estimation conducted by using the Probit model, both the damage possibility of explosion over-pressure to structures 50 meters away and that of over-pressure to people 10 meters away showed nothing. The explosion efficiency used was 100 percent. As a result of this, the actual damage influenced by the rupture of butane can would be lower than the value calculated in this study and expected to be safer.

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Securing Objectivity of Qualitative Assessment Results using Ordered Probit Model (순서형 프로빗 모델을 활용한 정성적 평가 결과의 객관성 확보방안)

  • Jeong, Minkyu;Kang, Yuncheol;Kim, Namchul;Chung, Kwanghun
    • The Journal of Society for e-Business Studies
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    • v.27 no.1
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    • pp.81-94
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    • 2022
  • In the service sectors, the qualitative evaluation method in the form of a survey is widely used as a major assessment tool to evaluate the quality of service. However, the results obtained from a survey can involve the subjective judgment of the respondent. In this study, we propose a method to secure objectivity by excluding subjectivity that may be included in the qualitative evaluation results. In particular, we deal with a situation where the same type of qualitative evaluation tool is used repeatedly by several service providers. To this end, by utilizing both the Ordered Probit model and third-party evaluation results, we determine whether subjectivity is involved in the results. After correcting subjectivity, the final results are obtained through statistical analysis. The application analyzed in this study is the medical service area. With the actual evaluation results supplied by the service providers, we explain how objectivity can be secured from the assessment data by applying our proposed approach.

Determinants of Participation in Environment-Friendly Agricultural Production Organization - Focusing on Chungnam Area - (친환경농업 생산조직 참여결정 요인분석 - 충남지역을 중심으로 -)

  • Seo, Hwan-Seok;Hwang, Jae-Hyun
    • Korean Journal of Organic Agriculture
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    • v.27 no.3
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    • pp.271-288
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    • 2019
  • It has continuously promoted to scale up the agricultural management body in order to cope with the market-opening pressure such as the UR negotiation, the DDA negotiation, and more conclusions of FTAs and to enhance the competitiveness of our agriculture. This study evaluated the factors associated with production organization participation centered on environmentally-friendly agriculture farmers in order to improve the production efficiency of environmentally-friendly agriculture in the aspect of production. In order to achieve this objective, this study evaluated the factors that contributed to participating in an organization using the bivariate probit model focusing on environmentally-friendly agriculture farmers in Chungnam. This study examined the validity and reliability of the study model through exploratory factor analysis. The results of factor analyses identified four factors: "distribution", "production", "organization operation", and "social capital". The results of the bivariate probit model showed that distribution significantly affected production activities and distribution, organization operation, agricultural income, and gender significantly influenced sale activities. Environmentally-friendly production organization had not been able to provide the productive support that was needed for local farmers to produce environmentally-friendly agricultural products in a region. Additionally, farming education did not provide the information needed by the farmers. Although producers had a network within a production organization, it was operated mainly for administrators. Therefore, participants felt somewhat lacking. This study identified the level of organization of producer organizations in Chungnam area, where environmentally-friendly agriculture is well activated. This study suggested implications for future production organization participation by evaluating factors affecting participation quantitatively.

Analysis of Intra-city Bus Demand during Rainfall Using Ordered Probit Model (순서형 프로빗 모형을 이용한 강우시 시내버스 이용수요의 변동분석)

  • Jeong, Heon-Yeong;Song, Geum-Yeong;Kim, Gwang-Uk
    • Journal of Korean Society of Transportation
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    • v.29 no.5
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    • pp.43-54
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    • 2011
  • After implementing "Semi-public management system of intra-city bus", the burden of financial aid for unprofitable routes is on the increase in Busan metro city. It becomes a heavy burden on the local finance, which needs to be resolved for improving the intra-bus system. The rainfall is one of the factors influencing the demands for intra-bus in urban transportation. Motivated by this fact, this study investigates the impact of rainfall on the intra-city bus demand. Actual bus users are surveyed on their patterns and recognition of using the bus according to the amount of rainfall. A rainfall forecast model using ordered probit model is presented, and the elasticity of the intra-city bus utilization to the amount of rainfall is also analyzed. The resulting findings could be applied to promote the use of intra-city buses and also be utilized as basic data for other studies to improve the intra-city bus system.

A Study on the Determinants of Free Trade Agreement in South Korea: Evidence from Asian Countries

  • He, Yugang
    • Journal of Distribution Science
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    • v.16 no.11
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    • pp.37-45
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    • 2018
  • Purpose - Recently, large quantities of factors have affected the signing of the Free Trade Agreement between two countries. Due to this background, this paper selects South Korea as an example to explore the determinants of Free Trade Agreement from Asian countries. Research design, data, and methodology - A cross sectional data of 2016 will be employed and some variables such as real income and GDP will be used to run an empirical analysis under the linear probability model, probit model and logit model. Results - The findings show that the Asian countries' exchange rate regime, real income, GDP and so forth can increase the probability of signing the Free Trade Agreement with Asian countries. Conversely, the distance can lower the probability of signing the Free Trade Agreement with Asian countries. Meanwhile, although the Asian countries' import, consumer price index and population also can affect the probability of signing the Free Trade Agreement with Asian countries, the estimated coefficients are not statistically significant at 5% level. Conclusions - According to the empirical results, this paper provides a new scope for South Korea's government to sign the Free Trade Agreement with other Asian countries.

Effect Analysis of Introduction of New Agricultural Technology - Case Study Base on Automatic Switch for Heat Insulating Covering - (농업 신기술 도입여부에 영향을 미치는 요인분석 -참외 보온덮개 자동개폐기를 중심으로-)

  • Choi, Don-Woo;Yeon, Il-Kweon;Do, Han-Woo;Lin, Qing-Long
    • Journal of Korean Society of Rural Planning
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    • v.18 no.2
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    • pp.39-45
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    • 2012
  • The objective of this study was to analyze the determinant factors in the new agricultural technology acceptance targeted to the automatic switchgear for heat-retaining mulching used on the oriental melons farms. The probit and the logit models were estimated using survey data. The result indicated that the level of income, innovativeness, and reliability are important factors of the new agricultural technology acceptance. Therefore, it is considered the level of income, innovativeness, and reliability in advance to extend the new agricultural technology quickly.