• 제목/요약/키워드: The Panel Data Model

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The Impact of Export Insurance on Exports to ASEAN and India: The Experience of Korea

  • Lee, Koung-Rae;Lee, Seo-Young
    • Journal of Korea Trade
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    • 제24권6호
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    • pp.157-172
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    • 2020
  • Purpose - This research empirically proves the extent to which export insurance promotes Korean exports to research object countries among New Southern countries. The outcome of this research will present implications for the operations of export insurance for exports to these countries. Design/methodology - For the empirical analysis, the export equation was composed using a basic gravity model. Based on this, the determinants of Korea's exports to research object countries were analyzed. In this study, a panel unit root test and panel cointegration test were conducted. As a result of the panel unit root test, it was confirmed that the variables of the panel data are not belonging to I(0), but to I(1). As a result of the panel cointegration test, it was established that there are long-term stable relationships among all variables. Accordingly, the gravity model was estimated using original data in order to reduce the information loss caused by the first difference, in spite of individual data belonging to I(1). Findings - For the estimated results of panel OLS, the estimated coefficient of short-term export insurance was 0.56-0.64, with statistically significant results at the significance level of 1%. In addition, for the analysis results of the random effect model, the estimated coefficient of short-term export insurance was 0.59-0.64%, with a statistically significant result at the 1% significance level. This could indicate that Korean export insurance has positive influences on export promotion to New Southern countries. Originality/value - The research implies that export insurance has a 4.1 to 4.7 multiplier effect in expanding exports to the New Southern countries for Korea. This research has intensively analyzed the effects of export insurance on the promotion of exports to a selected area by a government foreign economic policy, which is the originality and value of this paper.

조선소 판넬라인의 위험요인 분석 및 안전관리 Application 개발 (Analysis of the Risk Factors and Design of the Safety Management Application for the Panel Line in a Shipyard)

  • 오현수;장성록
    • 한국안전학회지
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    • 제27권6호
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    • pp.160-165
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    • 2012
  • The process of panel line in the shipyard produce the panel of outside planking which is located the side and bottom of a ship. The stiffeners or plates are welded onto the plates in this process. In this study, the panel line was performed to work process analysis and was analyzed into the IDEF0(Integration Definition) model that is functional modeling methodology. Also the panel line was analyzed to find out the risk factor and expected accident/safety guide from each process. And then this outputs were applied to the IDEF0 model. The mobile application which is designed by ooCBD(Object-oriented Component Based Development) method is able to use the output data of the process analysis in the panel line. This mobile application could be used by employees and safety managers without regard for working location and time.

국민의료비 결정요인분석 (Determinants of the National Health Expenditures: Panel Study)

  • 최병호;남상호;신윤정
    • 보건행정학회지
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    • 제14권2호
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    • pp.99-116
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    • 2004
  • This study estimates the determinants of national health expenditures of OECD countries using panel regression method. The data used are OECD Health Data(2003) covering 33 countries and from 1970 to 2001. This study shows several important different results compared to the previous studies. Further this study estimates the determinants of Korean case using data from 1m to 2000, and compare with the results of OECD panel. The main findings are as follows. The income elasticity of health expenditures is estimated below 1.0, but is shown above 1.0 when the different health systems of each country are controlled. The women's labor participation influences strongly positive effect on the health expenditures. The diffusion of new technologies is positively related with the increasing expense. The increasing government expenditures have a tendency not to contain health expenses, but to increase expenses. The expansion of public health insurance holders is containing the expenses, and the increasing number of doctors is pushing expenditures. This implies the health expenditures are influenced more by the induced demand of providers rather than the moral hazard of patients. However, the above result is opposite in Korean case. The existence of primary care doctors affects slightly up warding rather than containing expenditures. Finally the determinants are seriously depending upon which factors are included in the model and which statistical model is chosen. Therefore it must be cautious to interpret the results of statistical model.

The Effect of First Observation in Panel Regression Model with Serially Correlated Error Components

  • Song, Seuck-Heun
    • Communications for Statistical Applications and Methods
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    • 제6권3호
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    • pp.667-676
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    • 1999
  • We investigate the effects of omission of initial observations in each individuals in the panel data regression model when the disturbances follow a serially correlated one way error components. We show that the first transformed observation can have a relative large hat matrix diagonal component and a large influence on parameter estimates when the correlation coefficient is large in absolute value.

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패널회귀모형에서 예측량의 효율에 관한 비교 (A Comparison of Predictors in a Panel Data Regression Model)

  • 정병철;조민화;송석헌
    • 응용통계연구
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    • 제14권1호
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    • pp.121-135
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    • 2001
  • 본 논문에서는 이원오차성분을 가지는 패널회귀모형에서 미래시점에 대한 다양한 예측량들을 유도하고, 예측량들의 효율성을 모의실험을 통하여 비교하였다. 모의실험 결과, FGLS추정량을 이용한 예측량들은 참 GLS를 이용한 예측량과 효율성에서 서로 큰차이를 보이지 않았다. 또한 계산상 매우 복잡한 ML과 REML을 이용한 예측량과도 거의 비슷한 효율성을 보여주었다.

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태양복사모델을 이용한 태양전지판의 최적 경사각에 대한 연구 (The Study on the Optimal Angle of the Solar Panel using by Solar Radiation Model)

  • 지준범;최영진;이규태
    • 한국태양에너지학회 논문집
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    • 제32권2호
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    • pp.64-73
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    • 2012
  • The angle of solar panels is calculated using solar radiation model for the efficient solar power generation. In ideal state, the time of maximum solar radiation is represented from 12:08 to 12:40 during a year at Gangneung and it save rage time is12:23. The maximum solar radiation is 1012$W/m^2$ and 708$W/m^2$ inc lear sky and cloudy sky, respectively. Solar radiation is more sensitive to North-South (N-S) slope angle than East-West (E-W) azimuth angle. Daily solar radiation on optimum angle of solar panel is higher than that on horizontal surface except for 90 days during summer. In order to apply to the real atmosphere, the TMY (typical meteorological Year) data which obtained from the 22 solar sites operated by KMA(Korea Meteorological Administration) during 11 years(2000 to 2010) is used as the input data of solar radiation model. The distribution of calculated solar radiation is similar to the observation, except in Andong, where it is overestimated, and in Mokpo and Heuksando, where it is underestimated. Statistical analysis is performed on calculated and observed monthly solar radiation on horizontal surface, and the calculation is overestimated from the observation. Correlationis 0.95 and RMSE (Root Mean Square Error) is10.81 MJ. The result shows that optimum N-S slope angles of solar panel are about $2^{\circ}$ lower than station latitude, but E-W slope angles are lower than ${\pm}1^{\circ}$. There are three types of solar panels: horizontal, fixed with optimum slope angle, and panels with tracker system. The energy efficiencies are on average 20% higher on fixed solar panel and 60% higher on tracker solar panel than compared to the horizontal solar panel, respectively.

Analysis of Indonesian Tuna Fish Export to Twelve Main Destination Countries: A Panel Gravity Model

  • PUTRA, I Wayan Edy Darma;NASRUDIN, NASRUDIN
    • Asian Journal of Business Environment
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    • 제13권1호
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    • pp.31-41
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    • 2023
  • Purpose: This study purposes to analyze the determinants of the volume of Indonesian tuna exports. Research design, data and methodology: The framework was developed from the gravity model for trade, which was expanded with additional variables of competitiveness, exchange rate, and industrial share of the destination country. The data sources used in this study are UN Comtrade and the World Bank. The data used is yearly data from 12 countries in 2001-2019. The scope of the study is limited to exports to the twelve main export destinations. Panel data regression analysis is used to determine the factors that affect the volume of Indonesian tuna exports. Results: The results show that according to the theory, Indonesia's GDP has a positive effect and economic distance has a negative effect on the volume of the exports. Meanwhile, the GDPs of the destination countries are not proven to have a positive effect. However, the higher the industrial share in the country, the higher the export volume tends to be. Conclusions: The conclusion obtained from this study is that Indonesia's GDP, economic distance, real exchange rate, industrial GDP share of the destination country, and the RCA index affect the volume of Indonesian tuna exports.

패널모형을 이용한 도시특성요소가 범죄 발생에 미치는 영향 분석 (A Study on the Influence of the Urban Characteristics on the Incidence of Crime Using Panel Model)

  • 이효진;이재송;최열
    • 대한토목학회논문집
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    • 제35권6호
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    • pp.1439-1449
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    • 2015
  • 본 연구는 사회학적 범죄이론에 근거하여 도시 지역의 특징과 범죄 발생 간의 관련성을 규명함으로써 효과적인 범죄예방 대책을 수립하는데 도움이 되고자 하였다. 연구를 위하여 지난 8년간(2005~2012) 대검찰청의 범죄데이터와 지역별 통계연보 등을 통한 인구사회학적 데이터를 이용하여 패널데이터를 구축하였고, 부산시의 16개의 구 군을 대상으로 패널모형으로 분석하였다. 분석결과를 바탕으로 범죄 발생을 줄이고, 범죄예방을 위해서는 첫째, 일반적인 범죄 예방책보다는 지역의 특성에 적합한 정책이 필요하다. 둘째, 범죄연구에 필요한 구체적이고, 정확한 범죄데이터를 활용할 수 있는 제도적 시스템이나 정책이 필요하다. 셋째, 앞으로도 사회과학분야의 제도와 함께 도시공학 및 여러 학문들이 연계된 연구의 수행이 이루어져야 할 것이다.

동적 소셜네트워크 구조 변수를 적용한 가상 재화 구매 모형 연구 (Study of Virtual Goods Purchase Model Applying Dynamic Social Network Structure Variables)

  • 이희태;배정호
    • 유통과학연구
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    • 제17권3호
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    • pp.85-95
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    • 2019
  • Purpose - The existing marketing studies using Social Network Analysis have assumed that network structure variables are time-invariant. However, a node's network position can fluctuate considerably over time and the node's network structure can be changed dynamically. Hence, if such a dynamic structural network characteristics are not specified for virtual goods purchase model, estimated parameters can be biased. In this paper, by comparing a time-invariant network structure specification model(base model) and time-varying network specification model(proposed model), the authors intend to prove whether the proposed model is superior to the base model. In addition, the authors also intend to investigate whether coefficients of network structure variables are random over time. Research design, data, and methodology - The data of this study are obtained from a Korean social network provider. The authors construct a monthly panel data by calculating the raw data. To fit the panel data, the authors derive random effects panel tobit model and multi-level mixed effects model. Results - First, the proposed model is better than that of the base model in terms of performance. Second, except for constraint, multi-level mixed effects models with random coefficient of every network structure variable(in-degree, out-degree, in-closeness centrality, out-closeness centrality, clustering coefficient) perform better than not random coefficient specification model. Conclusion - The size and importance of virtual goods market has been dramatically increasing. Notwithstanding such a strategic importance of virtual goods, there is little research on social influential factors which impact the intention of virtual good purchase. Even studies which investigated social influence factors have assumed that social network structure variables are time-invariant. However, the authors show that network structure variables are time-variant and coefficients of network structure variables are random over time. Thus, virtual goods purchase model with dynamic network structure variables performs better than that with static network structure model. Hence, if marketing practitioners intend to use social influences to sell virtual goods in social media, they had better consider time-varying social influences of network members. In addition, this study can be also differentiated from other related researches using survey data in that this study deals with actual field data.

여분기반분석모형과 패널공적분벡터를 이용한 대형물류기업의 효율성 (The Efficiency of the Large Logistics Providers Using the SBM Model and the Panel Cointegrating Vectors)

  • 모수원;박홍균
    • 한국항만경제학회지
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    • 제27권3호
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    • pp.135-146
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    • 2011
  • 오늘날 물류산업은 인수 합병을 통해 거대기업으로 전환되고 있으며, 세계물류시장에서의 경쟁은 점차 치열해지고 있다. 이에 우리나라 정부는 글로벌 경쟁력을 갖춘 물류기업으로 육성하기 위하여 관련기업들의 수직적 또는 수평적 통합을 추진하고 있다. 이의 일환으로 종합물류기업 인증제도를 시행하여 동북아 물류시장의 중심지화 전략을 추구하고 있다. 그런데 종합물류기업의 경쟁력에 있어서 효율성은 대단히 중요한 비중을 차지한다. 이에 본 고는 대형물류기업에 초점을 두고 효율성을 도출한 후 효율성에 영향을 미치는 요인을 식별한다. 토빗분석을 통해 자산, 자본금, 종업원 수의 증가가 효율성을 증가시킨다는 것과 자산의 영향력이 가장 크다는 것을 보인다. 또한 패널분석을 통해 자산, 자본금, 종업원이 매출액 증가에 긍정적 영향을 미친다는 것도 보인다. 이러한 패널분석결과가 장기분석과 부합하는가를 조사하기 위하여 패널공적분벡터를 이용하여 그룹공적분벡터가 양의 부호로 유의하다는 것과 자산과 종업원의 영향력이 별다른 차이를 보이지 않은 패널분석에 비해 장기에서는 상당한 차이를 보인다는 것을 밝힌다.