• Title/Summary/Keyword: Spending

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Group Sequential Tests Using both Type I and Type II Error Spending Rate Functions on Binomial Response (이산형 반응변수에서 오류 분배율 함수를 적용한 집단축차 검정)

  • Kim, Dong-Uk;Nam, Jin-Hyun
    • Communications for Statistical Applications and Methods
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    • v.17 no.1
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    • pp.127-140
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    • 2010
  • In interim analysis, group sequential tests are widely used for the ethical, scientific, and economic reasons. In this paper, we propose the group sequential tests using both type I and type II error spending rate functions when the response variable is discrete, especially binomial distribution, in the interim analysis. In addition, we propose new error spending rate function which covers the formerly proposed. Our method has good property that is flexible, fast and easily applicable. A numerical simulations are carried out to evaluate our method and it shows good performance.

Is Currency Depreciation or More Government Debt Expansionary? The Case of Malaysia

  • Hsing, Yu
    • Asian Journal of Business Environment
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    • v.7 no.4
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    • pp.5-9
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    • 2017
  • Purpose - Many countries rely on currency depreciation or debt-financed government spending to stimulate their economies. Currency depreciation tends to increase net exports and aggregate demand but reduce short-run aggregate supply due to higher import costs. Debt-financed government spending increases aggregate demand, but the crowding-out effect due to a higher real interest rate may reduce private spending and aggregate demand. Therefore, the net impact of currency depreciation or debt-financed government spending on equilibrium real GDP is unclear. Research design, data, and methodology - This paper examines potential impacts of real depreciation of the ringgit, more government debt as a percent of GDP and other relevant macroeconomic variables on aggregate output in Malaysia. Results - Applying the AD/AS model, this paper finds that aggregate output in Malaysia is positively associated with real appreciation during 2005.Q3-2010.Q3, real depreciation during 2010.Q4-2016.Q1, the debt-to-GDP ratio and the real stock price, negatively affected by the real lending rate and inflation expectations, and is not influenced by the real oil price. Conclusions - Real depreciation of the ringgit after 2010. Q3 or sustainable expansionary fiscal policy would be beneficial to the economy.

Analysis of the Relationship between Employee Benefits Spending and Business Performance -Focused on KOSPI- (기업의 복리후생비 지출과 경영성과 간의 관계분석 - Kospi기업을 중심으로 -)

  • Oh, Jung;Lim, Eung-Soon
    • Journal of the Korea Academia-Industrial cooperation Society
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    • v.15 no.10
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    • pp.6029-6035
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    • 2014
  • This study examined the Efficiency Wage Hypothesis. For this study, the time series data of 171 companies was checked carefully from 2000 to 2011 to determine the relationship between employee benefits spending and business performance. Advanced research showed that the employee benefits affect the corporate performance. On the other hand, they did not examine whether the employee benefits can be one the factors affecting business performance. Therefore, causality analysis of employee benefits spending and business performance was performed. This study shows that employee benefits spending can be a factor of the business performance.

Comparative Analysis of the Consumption Behavior of Game Items and Professional Sports Viewing Expenditures Based on the Esports and Sports Consumption Tendencies of the MZ Generation

  • Koun KIM;Seong-Hee PARK
    • Journal of Sport and Applied Science
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    • v.8 no.3
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    • pp.13-19
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    • 2024
  • Purpose: This study aims to investigate the consumption patterns of the MZ generation in relation to eSports and traditional professional sports, focusing on the similarities and differences in spending behavior on game items and professional sports viewing. Research design, data, and methodology: The research utilizes a comparative analysis of eSports and professional sports consumption trends within the MZ generation. Data was collected through surveys targeting MZ generation consumers and analyzed using statistical methods to assess the impact of consumption behaviors on spending. The study particularly focuses on the expenditure behaviors in game items (eSports) versus traditional sports viewing expenses. Results: The analysis revealed that the MZ generation displays distinct consumption behaviors between eSports and traditional sports. eSports consumption is characterized by higher spending on in-game items, driven by personalization and competitive advantages, whereas spending on professional sports viewing is influenced by fan loyalty and event participation. Conclusions: The findings underscore the growing economic significance of eSports, driven by the unique consumption behaviors of the MZ generation. These insights suggest that the eSports industry should continue to adapt its strategies to capitalize on this trend, while traditional sports organizations may need to innovate in engagement strategies to maintain consumer interest and expenditure.

The Money Spending Styles and Money Management Behavior according to Family Strengths of Adolescents (청소년의 가족건강성에 따른 금전사용양식과 금전관리행동)

  • Yang, Nam-Hee
    • Journal of Korean Home Economics Education Association
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    • v.22 no.1
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    • pp.79-96
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    • 2010
  • The purpose of this study was to examine the money spending styles and the money management behaviors according to family strengths of adolescents. The subjects were 914 high school students. To examine research questions, Cronbach'$\alpha$, t-test, one-way ANOVA, and Duncan test were used. The research results can be summarized as follows. The family strengths scores of adolescents was generally moderate, 3,36 points. The money spending styles consist of the stable style, conspicuous style, and indifferent style. The average of indifferent style was 3.33 points, stable style was 3.01 points and conspicuous style was 2.91 points. The money management behaviors consist of the planning, implementing, evaluating, and saving. The average of the planning was 2.81 points, implementing was 2.87 points, evaluating was 2.90 points, saving was 2.50 points. The family strengths statistically significant differences in the money spending styles and the money management behaviors were detected. The family strengths was very important variable in the money attitude and behavior of adolescent.

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How Instagram usage time and spending on fashion products affects product attitude and purchase intention according to influencer type (인플루언서 유형에 따라 인스타그램 사용시간과 패션제품 구매액이 제품태도와 구매의도에 미치는 영향)

  • Kwak, Ji-hye;Yoh, Eunah
    • The Research Journal of the Costume Culture
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    • v.28 no.6
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    • pp.875-889
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    • 2020
  • This study examined the effect of Instagram usage time (short, long) and spending on fashion products (light, heavy) on product attitude and purchase intention of products promoted by an influencer. The moderating effect of influencer type (mega, macro, micro) was also investigated. A total of 515 males and females in their 20s participated in an online survey. Descriptive statistics were analyzed and exploratory factor analysis and two-way ANOVA were conducted. Research findings were as follows. First, the usage time, both short and long, had a positive effect on product attitude. Also, the interactive effects of usage time and influencer type on product attitude were found. Consumers with short Instagram usage time displayed the highest attitude toward products promoted by a macro-influencer whereas consumers with long Instagram usage time displayed the highest attitude toward products promoted by a micro-influencer. Second, usage time and influencer type did not show interactive effects on purchase intention. Third, both categoriacl variables of users' spending on fashion products had a positive effect on product attitude. Fourth, the interaction effects of spending on fashion products and influencer types on purchase intention were found. The group of light buyers showed the highest purchase intention on products promoted by the macro-influencer while the group of heavy buyers showed the highest purchase intention of products promoted by the micro-influencer. Based on the results, implications were suggested.

Money Management Behavior According to Consumption Value for Adolescent Consumer

  • Heo Yeong Sook;Lee Seung Sin
    • International Journal of Human Ecology
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    • v.5 no.2
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    • pp.93-110
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    • 2004
  • The purpose of this study is to investigate the money management behavior according to the consumption value for consumers, especially for adolescents. Using 502 samples of middle school adolescents, a survey was conducted from May 10 to May 20, 2004. The main results were as follows: 1) The consumption value for adolescent consumers was categorized conspicuous-consumption value, brand-oriented value, mental-oriented value and advertising-dependent value. 2) Female adolescent, with more private spending money, with mobile phone, with importance on brand when purchasing mobile phone, paying more for using mobile phone, having conspicuous-consumption value, with more importance for brand when purchasing mobile phone and having more advertising-oriented value. Adolescent consumers with less private spending money, less payment for mobile phone and having mental-oriented value. 3) Female, with more educated mother, with less spending private money and having better money management behavior. 4) With less conspicuous-consumption value, more mental-oriented value, adolescent consumers have better for money management behavior.

Household Debt and Consumer Spending in Korea: Evidence from Household Data

  • KIM, YOUNG IL;HWANG, MIN
    • KDI Journal of Economic Policy
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    • v.38 no.4
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    • pp.23-44
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    • 2016
  • Household debt in Korea raises concerns about the resilience of the economy due to its size and quality. Against this backdrop, we investigate if household leverage matters for private consumption in adverse economic environments even without severe financial disruptions. We find that the balance sheet positions in terms of the leverage ratio may weaken consumption growth. We also find that the depressive effect of debt on consumption may differ across types of consumer spending and household characteristics. In particular, the effects of indebtedness have been much stronger in relation to durable goods expenditures than in other areas. In addition, debtors in high-income (wealth) groups have also shown downward adjustments in consumption even more so than low-income (wealth) groups. These findings imply that debtors' precautionary behavior may serve as an important channel from leverage to consumer spending.

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A Study on the Composition of Optimal Supply Route for Follow-on Logistics Support which Considers the Degree of Combat Intensity (전투치열도를 고려한 후속 군수지원의 최적 보급로 구성에 관한 연구)

  • Kim, Ki-Tae;Cho, Sung-Jin
    • Journal of the Korea Institute of Military Science and Technology
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    • v.13 no.6
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    • pp.1091-1098
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    • 2010
  • Victory and defeat of the war depends on follow-on logistics support. The spending time of follow-on logistics support at combat area is greatly influenced by the degree of combat intensity. The main purpose of this study is to compose a optimal supply route for operational sustainability of combat unit at combat area using transport vehicles. This study suggests a composition of optimal supply route for follow-on logistics support which considers the degree of combat intensity. A mathematical programming model and a genetic algorithm suggest to minimize the total spending time of follow-on logistics support. The suggested mathematical programming model is verified by using CPLEX 11.1. This study computes supply route, total spending time, total travel distance, and the number of transport vehicle.

Expenditure Adequacy of Elderly Households (노인가계의 지출적정에 관한 연구)

  • 양정선;김영순
    • Journal of Families and Better Life
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    • v.22 no.5
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    • pp.283-292
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    • 2004
  • The purpose of this study was to examine the determinants of expenditure adequacy of eldery households. Data for this study were collected from 2002 House Income and Expenditure Survey of Korea National Statistical Office, which is consisting of a sample of 918 eldery households. Expenditure adequacy was investigated by the Spending to Income ratio and Expenditure to Minimum standard of living ratio. The results showed that 48% of households spent more than 100% of their taken-home income or less than the minimum standard of living. Multiple logistic regression was used to investigate the determinants of expenditure adequacy. Gender, age, education, job status, family size, and level of income were significant determinants of spending to income ratio and Expenditure to Minimum standard of living ratio. Family size had negative effect on expenditure adequacy, householder's job status and the level of income had positive relationship with it.