• 제목/요약/키워드: Regression Testing

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한국 제조산업의 IT투자 대비 경제적 효과 실증분석 (Empirical Analysis for Korean Manufacturing Firm's IT Investment Effect to Economic Performance)

  • 고중걸;한현수
    • 한국경영과학회지
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    • 제30권4호
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    • pp.15-25
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    • 2005
  • As implied by the terms of IT productivity Paradox, measuring the Information technology contribution to economic performance has been one of the challenging issues to both policy makers and business professionals. As such, diverse attempts with sophisticate analyses have been reported in the literature to analyze the effect of IT contributions. In this paper, we follow Growth Accounting Method to measure the IT contribution effect to manufacturing firm's economic performance in Korea. Various regression methods and statistical analyses are applied with fourteen years of industry Panel data. Using the Cobb-Douglas function, time lag analysis is made to understand IT effect to economic growth. Instead of capturing data from individual firm, industry level data from the National Statistics Bureau is used for IT capital, non-IT capital, and so on. Statistical analysis following the panel unit test and Panel co-integration test was performed to reveal the exact effect of IT contribution to economic performance. Empirical testing results for non-stationary nature of IT investment effect are reported as well as IT contribution to manufacturing industry's economic performance.

윤리적 리더십과 심리적 주인의식, 그리고 조직몰입 간의 관계에 관한 연구 (A Study on the relationship among Ethical Leadership, Psychological Ownership and Organizational Commitment)

  • 임지은
    • 한국콘텐츠학회논문지
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    • 제18권4호
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    • pp.541-549
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    • 2018
  • 본 연구의 목적은 서울지역에 소재한 특급호텔 직원을 대상으로 윤리적 리더십이 심리적 주인의식과 조직몰입에 미치는 영향을 밝히고 심리적 주인의식이 윤리적 리더십과 조직몰입에 미치는 매개효과를 파악하고자 하였다. 실증조사를 위해 300명의 특급호텔 직원들을 대상으로 설문조사가 실시되었고, 회귀분석을 통해 가설이 검정되었다. 연구 결과, 윤리적 리더십이 조직몰입에 유의한 영향력을 미치고 심리적 주인의식이 윤리적 리더십과 조직몰입의 관계에 매개효과를 미치는 것을 확인하였다. 본 연구는 경쟁우위를 위해 윤리적 리더십의 중요성과 심리적 주인의식의 필요성을 강조하는 시스템구축이 필요함을 제시하고 있다.

An experimental investigation on dynamic properties of various grouted sands

  • Hsiao, Darn-Horng;Phan, Vu To-Anh;Huang, Chi-Chang
    • Geomechanics and Engineering
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    • 제10권1호
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    • pp.77-94
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    • 2016
  • Cyclic triaxial and resonant column tests were conducted to understand the beneficial effects of various grouted sands on liquefaction resistance and dynamic properties. The test procedures were performed on a variety of grouted sands, such as silicate-grouted sand, silicate-cement grouted sand and cement-grouted sand. For each type of grout, sand specimen was mixed with a 3.5% and 5% grout by volume. The specimens were tested at a curing age of 3, 7, 28 and 91 days, and the results of the cyclic stress ratio, the maximum shear modulus and the damping ratio were obtained during the testing program. The influence of important parameters, including the type of grout, grout content, shear strain, confining pressure, and curing age, were investigated. Results indicated that sodium silicate grout does not improve the liquefaction resistance and shear modulus; however, silicate-cement and cement grout remarkably increased the liquefaction resistance and shear modulus. Shear modulus decreased and damping ratio increased with an increase in the amplitude of shear strain. The effect of confining pressure on clean sand and sodium silicate grouted sand was found to be insignificant. Furthermore, a nonlinear regression analysis was used to prove the agreement of the shear modulus-shear strain relation presented by the hyperbolic law for different grouted sands, and the coefficients of determination, $R^2$, were nearly greater than 0.984.

Jensen's Alpha Estimation Models in Capital Asset Pricing Model

  • Phuoc, Le Tan
    • The Journal of Asian Finance, Economics and Business
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    • 제5권3호
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    • pp.19-29
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    • 2018
  • This research examined the alternatives of Jensen's alpha (α) estimation models in the Capital Asset Pricing Model, discussed by Treynor (1961), Sharpe (1964), and Lintner (1965), using the robust maximum likelihood type m-estimator (MM estimator) and Bayes estimator with conjugate prior. According to finance literature and practices, alpha has often been estimated using ordinary least square (OLS) regression method and monthly return data set. A sample of 50 securities is randomly selected from the list of the S&P 500 index. Their daily and monthly returns were collected over a period of the last five years. This research showed that the robust MM estimator performed well better than the OLS and Bayes estimators in terms of efficiency. The Bayes estimator did not perform better than the OLS estimator as expected. Interestingly, we also found that daily return data set would give more accurate alpha estimation than monthly return data set in all three MM, OLS, and Bayes estimators. We also proposed an alternative market efficiency test with the hypothesis testing Ho: α = 0 and was able to prove the S&P 500 index is efficient, but not perfect. More important, those findings above are checked with and validated by Jackknife resampling results.

The Impact of State Budget Revenue on Economic Growth: A Case of Vietnam

  • NGUYEN, Hieu Huu
    • The Journal of Asian Finance, Economics and Business
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    • 제6권4호
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    • pp.99-107
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    • 2019
  • This paper is intended to study the relationship between state budget revenue and economic growth in Vietnam. The ordinary least-squares regression method is used with secondary data collected from General Statistics Office of Vietnam in the period of 2000-2017. Vietnamese state budget revenue includes domestic revenue (excluding oil revenue), oil revenue, custom duty revenue, and grants. The testing result shows that the state budget revenue has a positive correlation with economic growth of Vietnam. However, the components of state budget revenue have different levels of impact on the economy. Domestic revenue and oil revenue are statistically significant and have a positive effect on the economy, while the impact of custom duty revenue and grants on the economy is invisible. Vietnamese state budget revenue should be restructured toward the sustainability and by way of boosting the economy, specifically: (1) Increase the proportion of domestic revenue to state budget revenue and domestic revenue should be based on the ground of production and business activities rather than collection from state-owned assets; (2) Reduce the proportion of custom duty revenue and grants to state budget revenue; (3) Keep the volume and ratio of oil revenue in state budget revenue at an appropriate proportion.

Testing the Liquidity Hypothesis in the Korean Retail Firms

  • Kim, Sang-Su;Lee, Jeong-Hwan
    • 유통과학연구
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    • 제15권5호
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    • pp.29-38
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    • 2017
  • Purpose - Prior theories predict a negative correlation between stock liquidity and dividend payout propensity. We test this hypothesis by examining the sample Korean retail firms. Research design, data, and methodology - We construct four different types of stock liquidity measures and investigate how these stock liquidity variables affect dividend payout propensity by employing the logit regression model. The retail firms listed in the KOSPI and KOSDAQ markets are analyzed from 1990 to 2015. Results - Our estimation results support the liquidity hypothesis if we adopt the stock turnover rate as the stock liquidity measure, particularly for the retail firms listed in the KOSPI markets and for non-conglomerate firms. Yet, our estimation results adopting the illiquidity measure of Amihud (2002), the proportion of non-trading day, and the volume of trading do not support the liquidity hypothesis. Conclusions - Our findings provide mixed results for the validity of stock liquidity hypothesis, which enriches the existing literature. In terms of turnover rate, the stock liquidity hypothesis holds robustly. Yet, we are not able to find any empirical evidence supporting the hypothesis if we use the other three measures of stock liquidity.

공급기업의 관점에서 본 B2B e-marketplace의 성공요인 (An Empirical Study to Identify Success Factors of B2B e-marketplaces: Focused on the Supply Companies)

  • 황하진;김정아
    • 한국정보시스템학회지:정보시스템연구
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    • 제13권2호
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    • pp.65-88
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    • 2004
  • This study is intended to identify success factors which influence the performance of the B2B e-marketplaces.Thestudyisfocused on the supply companies and conducted to provide local small businesses with guidelines to improve their competitiveness and to develop appropriate business strategies in the digital economy age. Based on the literature review, four characteristics which influence the performance of B2B e-marketplaces are identified. Such characteristics as strategic, operational, organizational, and product/service properties are then utilized to develop the survey questionaire. The data collection is first performed through e-mail and, after finding out the response rate was too poor to analyze the results, followed by visits to the companies which participate in e-marketplaces. SAS 8.1 is used for the data analysis. Demographic analysis is conducted to generate the general information of the companies responded, and factor analysis is performed for the validity test. Finally, multiple regression is used for the hypothesis testing. This study is expected to contribute to find out critical factors for the success of B2B e-marketplaces and suggest guidelines for local small businesses to develop an appropriate e-business strategy to improve their competitive position.

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간호사가 지각하는 간호관리자의 돌봄-배려행위와 동료 간 돌봄-배려행위가 재직의도에 미치는 영향 (Influence of Nurse Manager and Peer Group Caring Behaviors as Perceived by Nurses on Intention to Retention)

  • 공문연;김정희
    • 간호행정학회지
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    • 제23권2호
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    • pp.191-200
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    • 2017
  • Purpose: This study was conducted to identify the influence of nurse manager and peer group caring behaviors as perceived by nurses on intention to retention. Methods: The participants for this study were 229 nurses who had worked for over 6 months in general hospitals located in J province. Survey data were analyzed descriptive statistics and t-tests, ANOVAs with $Scheff{\acute{e}}^{\prime}s$ post-hoc testing, Pearson's correlation coefficients, and hierarchical regression analysis. Results: The scores for 'manager and peer group caring behaviors' and intention to retention were all at a moderate level, although the subjects perceived 'peer group caring behaviors' as higher compared to 'manager caring behaviors'. There were significant differences in 'manager caring behaviors' scores by suitability for present working department and employment status and in 'peer group caring behaviors' scores by suitability for present working department. The factors influencing nurses' intention to retention were religion, suitability for present department, clinical experience of over ten years, 'manager caring behaviors', and 'peer group caring behaviors' Conclusion: To improve nurses' intention to retention, it may be necessary to alter the transfer and arrangement strategies of their working environments to better consider nurses' aptitude and competence, and thereby increase both manager and peer group caring behaviors.

일부 대학생의 금연의도 예측을 위한 계획된 행위이론(Theory of planned Behavior)의 검증 (Testing the Theory of Planned Behavior in the Prediction and Intention of Smoking Cessation Behavior)

  • 현혜진
    • 지역사회간호학회지
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    • 제9권1호
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    • pp.117-127
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    • 1998
  • The Theory of Planned Behavior has been shown to yield great explanatory power in health behavior as well as social behavior. This study was conducted to test the Theory of Planned Behavior in the prediction and intention of smoking cessation behavior in university student smokers. We conveniently sampled 204 university student smokers and investigated using questionaries, analyzing the data with the Pearson product-moment correlation, and multiple regression. The results are as follows : 1. There are significant correlations in direct and indirect measures of attitude toward smoking cessation behavior, subjective norm, and perceived behavioral control. 2. Behavior belief is significant in predicting attitudes toward smoking cessation behavior. Normative belief is significant in predicting the subjective norm. Control belief is significant in predicting perceived behavioral control. 3. Attitude toward smoking cessation behavior, subjective norm are significant in predicting intention of smoking cessation behavior. In conclusion, this study demonstrated strong support for the Theory of the Planned Behavior and its use to predict smoking cessation behavior in university students smokers. But, as perceived behavioral control is not significant in predicting smoking cessation behavior, indepth research is needed to evaluate the usefullness of the Theory of Planned Behavior and Reasoned Action Theory.

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ERP 시스템 구현성과에 영향을 미치는 요인 (Factors Affecting Implementation Performance in the Organizations Adopting ERP Systems)

  • 정철호;정영수
    • Journal of Information Technology Applications and Management
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    • 제16권4호
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    • pp.135-165
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    • 2009
  • The major purpose of this study is to identify the factors influencing the implementation performance of ERP Systems from an integrated viewpoint. For this purpose, a research model is developed based on the literature reviews of ERP systems, contingency theory, and change management theory. The research model proposed fifteen variables as the factors influencing the implementation performance in the ERP systems. The data have been collected from the 164 enterprises which implemented ERP systems at least one year ago. The respondents were person in charge of ERP system of each corporation. The results of hypothesis testing through multiple regression analysis are summarized as follows. Firstly, standardization of work, concentration of decision making, top management concern and support, real user participation, project support goodness, ease of use, and system usefulness have positive influence upon non-financial performance. Secondly, market uncertainty, industrial competition, project support goodness, and customization minimization have positive influence upon financial performance. From the analysis, this research have identified important characteristics for the successful implementation of ERP systems. Consequently, this research ends with managerial and theoretical implications of the study results, as well as limitations and future research directions.

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