• Title/Summary/Keyword: Spatial Econometrics Analysis

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Generalized Bayes estimation for a SAR model with linear restrictions binding the coefficients

  • Chaturvedi, Anoop;Mishra, Sandeep
    • Communications for Statistical Applications and Methods
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    • v.28 no.4
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    • pp.315-327
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    • 2021
  • The Spatial Autoregressive (SAR) models have drawn considerable attention in recent econometrics literature because of their capability to model the spatial spill overs in a feasible way. While considering the Bayesian analysis of these models, one may face the problem of lack of robustness with respect to underlying prior assumptions. The generalized Bayes estimators provide a viable alternative to incorporate prior belief and are more robust with respect to underlying prior assumptions. The present paper considers the SAR model with a set of linear restrictions binding the regression coefficients and derives restricted generalized Bayes estimator for the coefficients vector. The minimaxity of the restricted generalized Bayes estimator has been established. Using a simulation study, it has been demonstrated that the estimator dominates the restricted least squares as well as restricted Stein rule estimators.

Spatial Regression Analysis of Factors Affecting the Spatial Accessibility of the Public Libraries in Busan (공간회귀분석을 이용한 부산지역 공공도서관 접근성 영향 요인 분석)

  • Koo, Bon Jin;Chang, Durk Hyun
    • Journal of the Korean Society for Library and Information Science
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    • v.55 no.4
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    • pp.67-87
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    • 2021
  • Public library accessibility directly affects library usage, and the disproportionate distribution of accessibility is a decisive factor limiting the equitable provision of library services. In this regard, this study analyzed the spatial accessibility of public libraries in Busan and identified the factors affecting accessibility of public libraries using spatial regression analysis. As a results of the analysis, the accessibility of public libraries in the Busan showed large deviations by region. Also, spatial distribution of public libraries had no correlation with the settled population and use of public transportation, and location of public libraries was inefficient, in terms of social equity. The results of this study will assist to understand the spatial accessibility of public libraries in Busan, to identify factors that affect the accessibility. Moreover, this study is expected to be utilized as fundamental data for releasing disparities of the spatial accessibility and selecting new location of public library in Busan.

Analysis of Determinants of Migration by Age Groups using General Spatial Model in Korea (공간계량모형을 이용한 연령대별 인구 이동 결정 요인 분석)

  • Han, Yi-Cheol;Lee, Jeong-Jae;Jung, Nam-Su;Park, Mee-Jeong;Suh, Kyo
    • Journal of Korean Society of Rural Planning
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    • v.11 no.3 s.28
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    • pp.59-67
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    • 2005
  • According to diverse studies in population migration, there has been a strong age-dependent population distribution in Korea. It is shown that a particular age-group tends to reside in a particular locale or community and the effect possesses usually statistical significance. We quantitatively address this issue: how certain division of age group resides in different region of the country, and investigate possible cause of this migration pattern for different age groups. In this study, population migration trend at age groups of 20s, 30s, 40s and 50s has been analyzed incorporating a spatial econometrics model that accounts for diverse statistical pitfalls such as spatial autocorrelation and spatial dependency. We found that migration trend for different age group corresponds to regional characteristics differently. The study concludes with some policy implications and suggests a need of further study.

Analysis of Hierarchical Competition Structure and Pricing Strategy in the Hotel Industry

  • BAEK, Unji;SIM, Youngseok;LEE, Seul-Ki
    • The Journal of Asian Finance, Economics and Business
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    • v.6 no.4
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    • pp.179-187
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    • 2019
  • This study aims to investigate the effects of market commonality and resource similarity on price competition and the recursive consequences in the Korean lodging market. Price comparison among hotels in the same geographic market has been facilitated through the development of information technology, rendering little search cost of consumers. While the literature implies the heterogeneous price attack and response among hotels, a limited number of empirical researches focus on the asymmetric and recursive pattern in the competitive dynamics. This study empirically examines the price interactions in the Korean lodging market based on the theoretical framework of competitive price interactions and countervailing power. Demonstrating superiority to the spatial lag model and the ordinary least squares in the estimation, the results from spatial error model suggest that the hotels with longer operational history pose an asymmetric impact on the price of the newer hotels. The asymmetry is also found in chain hotels over the independent, further implying the possibility of predatory pricing. The findings of this study provide the evidence of a hierarchical structure in the price competition, with different countervailing power by the resources of the hotels. Theoretical and managerial implications are discussed, with suggestions for future study.

Analysis of Functional Autocorrelation and Development of Functional Econometric Model through Urban Interactions - Focusing on Economic Growth of Small and Medium Sized Cities - (도시 상호작용에 따른 기능적 자기상관분석 및 기능계량경제모형 개발 - 중소도시의 경제성장을 중심으로 -)

  • Kim, Dohyeong;Woo, Myungje
    • Journal of Korea Planning Association
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    • v.54 no.3
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    • pp.63-74
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    • 2019
  • Korean government has implemented policies to strengthen the competitiveness of small and medium sized cities. However, since it is often difficult to enhance the competitiveness through individual projects, many local governments in metropolitan areas are working together to pursue local growth. On the other hand, small and medium sized cities that are not included in metropolitan areas due to their spatial limitations have difficulties in implementing effective growth policies. Given this background, the purpose of this study is to identify the functional correlation based on urban interactions and develop functional econometric model for the economic growth of small and medium sized cities. This study uses spatial econometrics models and functional weight matrix to identify the effects of functional networks on small and medium sized cities. The results show the effect of functional networks on the growth of small and medium sized cities and provide policy implications for regional spatial planning that addresses effective management of small and medium sized cities.

Factors in Spatial Clustering and Regional Disparity of Public Libraries (공공도서관의 공간적 집적과 지역 간 격차 요인 분석)

  • Durk Hyun, Chang;Bon Jin, Koo
    • Journal of the Korean Society for Library and Information Science
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    • v.56 no.4
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    • pp.377-397
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    • 2022
  • The number of public libraries in Korea has been increasing. However, the focus was on quantitative growth, while it did not have much interests in whether its growth trend are have deviations by region, and if that is a fact, what factors caused such a disparity. For this reason, this study analyzes spatial distribution of public libraries in Korea and its affecting factors of regional gap. As a result, public libraries are constantly distributing in the metropolitan area and the distribution of public libraries showed deviations by region. The results of analysis regarding the determinants of public libraries distribution, rate of population growth, the number of businesses and financial independence rate are found to have a positive effect but local taxes per capita are not. Especially economic power of region and financial ability of a local government are key factors of regional disparity. It shows empirically that the supply of public libraries has been determined by the convenience of suppliers.

Spatial Econometrics Analysis of Fire Occurrence According to Type of Facilities (시설물 유형에 따른 화재 발생의 공간 계량 분석)

  • Seo, Min Song;Yoo, Hwan Hee
    • Journal of the Korean Society of Surveying, Geodesy, Photogrammetry and Cartography
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    • v.37 no.3
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    • pp.129-141
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    • 2019
  • In recent years, fast growing cities in Korea are showing signs of being vulnerable to more disasters as their population and facilities increase and intensify. In particular, fire is one of the most common disasters in Korea's cities, along with traffic accidents. Therefore, in this study, we analyze what type of factors affect the fire that threatens urban people. Fire data were acquired for 10 years, from 2007 to 2017, in Jinju, Korea. Spatial distribution pattern of fire occurrence in Jinju was assessed through the spatial autocorrelation analysis. First, spatial autocorrelation analysis was carried out to grasp the spatial distribution pattern of fire occurrence in Jinju city. In addition, correlation and multiple regression analysis were used to confirm spatial dependency and abnormality among factors. Based on this, OLS (Ordinary Least Square) regression analysis was performed using space weighting considering fire location and spatial location of each facility. As a result, First, LISA (Local Indicator of Spatial Association) analysis of the occurrence of fire in Jinju shows that the most central commercial area are fire department, industrial area, and residential area. Second, the OLS regression model was analyzed by applying spatial weighting, focusing on the most derived factors of multiple regression analysis, by integrating population and social variables and physical variables. As a result, the second kind of neighborhood living facility showed the highest correlation with the fire occurrence, followed by the following in the order of single house, sales facility, first type of neighborhood living facility, and number of households. The results of this study are expected to be useful for analyzing the fire occurrence factors of each facility in urban areas and establishing fire safety measures.

The Outbreak of COVID-19 and Spatial Characteristics: Relationship between COVID-19 and Host, Environment and Nationally Notifiable Infectious Diseases (코로나-19 감염증의 확산과 공간적 특성: 숙주, 환경적 요인, 기존 신규 감염병과의 관계)

  • JUNG, Bo-Kyung;HONG, Sung-Bin;PARK, So-Jung;YANG, Seongjun;KIM, Donghyun
    • Journal of the Korean Association of Geographic Information Studies
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    • v.25 no.2
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    • pp.18-29
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    • 2022
  • The purpose of this study is to examine the spatial characteristics and factors in the occurrence of COVID-19 from January 20 to August 30 of 2020. The exploratory spatial data analysis and spatial econometrics model are used. The spatial unit of analysis is 255 si-gun-gu in Korea. As a result of the analysis, COVID-19 infection did not appear to be a significant factors(host and environment) influencing the emergence of existing new infectious diseases, but there was a relationship between spatially adjacent areas and their occurrence. It also showed a close relationship with the outbreak pattern of group 4 infectious diseases, another type of new infectious disease in Korea. The result of this study shows that COVID-19 is not a new pattern of emerging infectious diseases. It means that the properties of the space where new infectious diseases appear must be continuously managed in order to effectively control new infectious diseases.

A Comparative Study on the Goodness of Fit in Spatial Econometric Models Using Housing Transaction Prices of Busan, Korea (부산시 실거래 주택매매 가격을 이용한 공간계량모형의 적합도 비교연구)

  • Chung, Kyoun-Sup;Kim, Sung-Woo;Lee, Yang-Won
    • Journal of the Korean Association of Geographic Information Studies
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    • v.15 no.1
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    • pp.43-51
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    • 2012
  • The OLS(ordinary least squares) method is widely used in hedonic housing models. One of the assumptions of the OLS is an independent and uniform distribution of the disturbance term. This assumption can be violated when the spatial autocorrelation exists, which in turn leads to undesirable estimate results. An alterative to this, spatial econometric models have been introduced in housing price studies. This paper describes the comparisons between OLS and spatial econometric models using housing transaction prices of Busan, Korea. Owing to the approaches reflecting spatial autocorrelation, the spatial econometric models showed some superiority to the traditional OLS in terms of log likelihood and sigma square(${\sigma}^2$). Among the spatial models, the SAR(Spatial Autoregressive Models) seemed more appropriate than the SAC(General Spatial Models) and the SEM(Spatial Errors Models) for Busan housing markets. We can make sure the spatial effects on housing prices, and the reconstruction plans have strong impacts on the transaction prices. Selecting a suitable spatial model will play an important role in the housing policy of the government.

Significance Analysis of Facility Fires Though Spatial Econometrics Assessment (공간계량분석 방법에 따른 시설물 화재 발생 유의성 분석)

  • Seo, Min Song;Yoo, Hwan Hee
    • Journal of the Korean Society of Surveying, Geodesy, Photogrammetry and Cartography
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    • v.38 no.3
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    • pp.281-293
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    • 2020
  • Recently, large and small fires have been happening more often in Korea. Fire is one of the most frequent disasters along with traffic accidents in korean cities, and this frequency is closely related to the land use and the type of facilities. Therefore, in this study, the significance of fires was analyzed by considering land use, facility types, human and social factors and using 10 years of fire data in Jinju city. Based on this, OLS (Ordinary Least Square) regression analysis, SLM (Spatial Lag Model) and SEM (Spatial Error Model) using space weights, were compared and analyzed considering the location of the fire and each factor, then a statistical model with high suitability was presented. As a result, LISA analysis of spatial distribution patterns of fires in Jinju city was conducted, and it was proved that the frequency of fires was high in the order as follow, central commercial area, industrial area and residential area. Multiple regression analysis was performed by integrating demographic, social, and physical variables. Therefore, the three models were compared and analyzed by applying spatial weighting to the derived factors. As a result of the significance test, the spatial error model was analyzed to be the most significant. The facilities that have the highest correlation with fire occurrence were second type neighborhood facilities, followed by detached house, first type neighborhood facilities, number of households, and sales facilities. The results of this study are expected to be used as significant data to identify factors and manage fire safety in urban areas. Also, through the analysis of the standard deviation ellipsoid, the distribution characteristics of each facility in the residential area, industrial area, and central commercial area among the use areas were analyzed. In, the second type neighborhood facility with the highest fire risk was concentrated in the center. The results of these studies are expected to be used as useful data for identifying factors and managing fire safety in urban areas.