• Title/Summary/Keyword: The Panel Data Model

Search Result 1,220, Processing Time 0.029 seconds

A Study on the Influence of Economic Factors on Library Use (경제요인이 도서관 이용에 미치는 영향에 관한 연구)

  • Jeon, Gyeahyung;Kwon, Sun-young
    • Journal of the Korea Convergence Society
    • /
    • v.9 no.11
    • /
    • pp.299-306
    • /
    • 2018
  • Changes in demographic and economic conditions affect corporate strategy, labor market and social welfare. The purpose of this study is to examine the effects of changes in population and economic situation on library use and to examine the income effect of library use. In order to achieve the purpose of this study, we analyzed the 10 year fixed library of public library statistics and statistical census data from 2008 to 2017 using the panel fixed effect model using the data of regional gross production and unemployment rate. And the changes in the economic and demographic characteristics of the region are used to confirm the regularity of the relationship between the changes in the usage situation of the libraries belonging to a certain region and the changes in the economic and demographic conditions in the respective regions. As a result of the analysis, the changes in the economic environment did not significantly affect the number of visitors to the library and the number of library users, but it was an important factor in the number of borrowers. This study is significant in that it shows how the economic environment changes affect the library. The result of this study is expected to be a theoretical basis for establishing the service policy of public libraries.

Financial Analysis on Changes in Profitability for Chaebol Firms in the Post-period of the Global Financial Turmoil (국제금융위기 이후 국내 재벌 계열사들의 수익성 변화요인에 대한 재무분석)

  • Kim, Hanjoon
    • Journal of the Korea Academia-Industrial cooperation Society
    • /
    • v.20 no.5
    • /
    • pp.352-362
    • /
    • 2019
  • The study investigates one of the long-standing, but still controversial issues in modern finance from the international and domestic perspectives. That is, financial components and differences on corporate profitability are identified and compared under the primary hypotheses. Empirical research settings include the sample data as KOSPI-listed chaebol firms, time reference covering the post-era of the global financial turmoil and two differently defined profitability indices measured by the market- and the book-value bases. A majority of total 7 explanatory variables except firm size and leverage ratio reveal their statistically significant power to explain profitability indices for the chaebol firms in the first hypothesis. The results are generally compatible with those obtained from their counterparts of non-chaebol firms. In the second hypothesis applying multinomial logistic model, the chaebol firms are classified into three groups according to the level of profitability. It is then confirmed that variables to represent the market-valued debt ratio, business risk and growth potential are financially discriminating factors among the three groups. The study may provide a new vision to identify financial factors of corporate profitability for Korean chaebol firms after the global financial crisis, which can enhance the benefits of interested parties at the government or corporate level in a virtuous cycle.

An Empirical Test of the Interactionist Model on the Relationship Between Household Income, Main Caregiver Depression, and Youth Aggression (가구소득, 주양육자 우울, 청소년 공격성 간의 종단적 상호교류관계 검증 : 자기회귀교차지연모델을 이용하여)

  • Kim, Dong Ha;Um, Myung-Yong
    • Korean Journal of Social Welfare Studies
    • /
    • v.47 no.1
    • /
    • pp.151-178
    • /
    • 2016
  • The primary goal of the current study was to investigate the longitudinal relationship between household income, main caregiver depression, and youth aggression from the interactionist perspective. The data were derived by combining the 2006, 2009 and 2012 survey waves from the Korean Welfare Panel Study. This data set covered the full span of adolescence from elementary to high school. The study utilized 561 families as the final sample and conducted autoregressive cross-lagged analysis. As a result, the early income status, main caregiver depression and youth aggression were likely maintained over time. Second, the results provided support for a reciprocal relationship between income and main caregiver depression. On the other hand, the reciprocal relationship between main caregiver depression and youth aggression was not found in the current study. Finally, the mediating effect of main caregiver depression between income and youth aggression was not found in the present study. In conclusion, the results of this study support the interactionist model in that the association between family income and main caregiver depression involves reciprocity and mutual influence across time. These findings have major implications for policy and interventions in regards to low-income families.

A Study on the Analysis of work efficiency to the tax reorganization project of regional headquarters of Korea Asset Management Corporation (한국자산관리공사 지역본부의 조세정리사업 성과에 대한 효율성 분석)

  • Namgung, Yeong;Yoon, Jun-Sang;Hong, Soon-Man;Park, Young-Soon;Lee, Jun-Hyung
    • Journal of Digital Convergence
    • /
    • v.20 no.4
    • /
    • pp.529-539
    • /
    • 2022
  • This study analyzed the index change in efficiency and productivity for the tax reorganization project of the regional headquarters of Korea Asset Management Corporation using panel data for 3 years from 2017 to 2019 using the DEA-Malmquist analysis model. According to the DEA analysis result, the average of the efficiency by the CCR model of the regional headquarters tax reorganization project of the Korea Asset Management Corporation was 0.671 in 2017, 0.772 in 2018, and 0.699 in 2019, and the average of the efficiency by the BCC model was 0.798 in 2017, 0.851 in 2018 and 0.771 in 2019. As a result of analyzing the Malmquist productivity index, the time series average productivity index MPI increased by 4.5%. These results appear to be attributable to the increase in technological efficiency, technological change, and scale-efficiency change rather than the decrease in net efficiency change. Looking at the change in MPI by year, it decreased by 14.6% in 2017-2018, but increased significantly to 27.8% in 2018-2019. Through the results of DEA analysis of specific tax projects of public corporations, each regional headquarters of Korea Asset Management Corporation will be able to contribute to reinforcing business capabilities through mutual benchmarking.

Government Financial Support and Firm Performance: A Multilevel Analysis of the Moderating Effects of Firm and Cluster Characteristics (정부 자금지원과 기업 경영성과: 기업 및 클러스터 특성의 조절효과에 관한 다수준 분석)

  • Hee Jae Kim;Myung-Ho Chung
    • Journal of Industrial Convergence
    • /
    • v.22 no.1
    • /
    • pp.1-20
    • /
    • 2024
  • Regarding the discourse on the correlation between governmental financial support and firm performance, much emphasis has been placed on the role of individual corporate characteristics as well as spatial features. However, there is a notable scarcity of empirical research examining the integrated impact of corporate and cluster characteristics on managerial performance. This study addresses this gap by empirically analyzing the financial and non-financial outcomes resulting from specific allocations of governmental financial support. Additionally, it explores corporate and cluster characteristics predicted to moderate the influence between governmental financial support and firm performance. The analysis employs a two-level hierarchical linear model (HLM) at individual and group levels. The data, reorganized based on business registration numbers at the firm and cluster levels, ultimately utilized panel data from 83,395 firms and 641 clusters. The research findings indicate that governmental financial support demonstrates a positive effect (+) on both sales and patents for firms, suggesting its effectiveness in complementing market failures. Results from the hierarchical linear model analysis show that when combined with human capital capacity, absorptive capacity, and cluster network density, governmental financial support exhibits significant positive effects on sales. This study contributes theoretical and practical insights by analyzing the relationship between governmental financial support and firm performance using a two-level hierarchical linear model. It highlights the role of corporate characteristics such as human capital and absorptive capacity, along with cluster characteristics like cluster network density, in moderating the effects of governmental financial support on firm performance.

Effectiveness of Government R&D on Firm's R&D Spending (정부R&D투자가 기업 규모별 R&D지출에 미치는 영향 분석)

  • Jung, Jun-Ho;Kim, Jae-Soo;Choi, Ki-seok;Lee, Byeong-Hee
    • The Journal of the Korea Contents Association
    • /
    • v.16 no.10
    • /
    • pp.150-162
    • /
    • 2016
  • This study empirically analyze the effect of government R&D investment to find out whether it complements or substitutes for the firm R&D. In order to do it panel data set was constructed for the period of three years from 2012 to 2014 based on the number of 1301 data by utilizing national technology information service(NTIS) and publicly announced financial statement. Analysis was implemented in consideration of size of the firm(large corporation, small and medium sized firm) of which sample was obtained from only listed company. The result of two-way fixed effect model and two-way random effect model is as follows. In case of large corporation, government R&D investment has an effect of substitute for the company's R&D on the other hand, small and medium sized firm shows an complementary effect. It verifies that current R&D policy is appropriate. Therefore government's direct subsidy is expected to be successful to fertilize firm's innovation by allocating government R&D budget efficiently.

Ergonomic Evaluation of Refrigerator Design (냉장고 디자인의 인간공학적 평가)

  • 박재희;황민철;박세진;김명석
    • Archives of design research
    • /
    • v.14
    • /
    • pp.1-7
    • /
    • 1996
  • Designers often hesitate to decide the shape, size, and layout of a product. Though ergonomic principles and data are absolutely needed in this process, they don have enough guidelines to refer. For the refrigerator designers, they also are not convinced of their decision: the vertical position of the freezing and refrigerating rooms, the height of shelves, the shape of door-handle, etc. To support the refrigerator design, we applied several ergonomic methods to the evaluation of refrigerator. EMG was measured to evaluate the load of users lumbar muscle. Based upon the experimental EMG data, we developed a model to estimate the relative load corresponding to the height of refrigerator shelves. Two different layouts of a refrigerator, R/F and F/R styles, were compared with the model. A three-dimensional motion analysis method was used to evaluate the users motion of using a refrigerator. Ten door-handles with the different shapes and positions were evaluated by tracking the rotations of the users arm. Video protocol analysis was used to evaluate the user interface of a control panel in a refrigerator. Finally, we suggested several ergonomic design guidelines based on the facts found in this research and the anthropometric data of the Korean adults. The results of this study can be applied to the ergonomic design of refrigerators

  • PDF

Longitudinal Model Verification of Life Satisfaction of Generation X and Generation Y

  • Kim, Jae-Nam
    • Journal of the Korea Society of Computer and Information
    • /
    • v.25 no.11
    • /
    • pp.245-253
    • /
    • 2020
  • This study is a longitudinal analysis of the life satisfaction of Generation X and Generation Y, with different historical backgrounds, growth backgrounds, values, and lifestyles, using data from the Korean Welfare Panel(KOWEPS). The research data is from the KOWEPS 1st year(2006) to 14th year(2019), out of 27,301 people, who conducted life satisfaction from the latest 12th to 14th year, and the responses were properly answered data from 3 years of 2,492 were used. As a result of the study, the higher the life satisfaction of both Generation X and Generation Y, the more the life satisfaction slowly increases at a slower rate as time passes. In addition, in terms of life satisfaction and rate of change, the initial value of life satisfaction was higher as the living satisfaction increased in both Generation X and Generation Y, but in the case of Generation X, the higher living satisfaction, the lower the rate of change in life satisfaction for 3 years by .327, in the case of Generation Y, the rate of change in life satisfaction was not affected. Finally, in the model of this study, a partial mediation of health condition was established between living satisfaction and life satisfaction tendency. Living satisfaction was analyzed to have a direct effect on life satisfaction and at the same time indirectly with a health condition as a parameter.

The Effect of Marital Conflict Perceived by Working Mothers on Children's Cyber Delinquency: The Mediating Effect of Adaptation to School Life (취업모가 인식하는 부부갈등이 자녀의 사이버 비행에 미치는 영향: 학교생활 적응의 매개효과)

  • Sang-Mi Han;Eun-Ju Kim;Yun-Hui Lee
    • Journal of Industrial Convergence
    • /
    • v.22 no.5
    • /
    • pp.69-78
    • /
    • 2024
  • This study verified the relationship between marital conflict perceived by working mothers and the influence of children's cyber delinquency and the mediating effect of school life adaptation. For the analysis data, the 14th data of the Korean Children's Panel (2021) were used, and SPSS WIN 23.0 and PROCESS MACRO were used for analysis. The analysis method used the PROCESS MACRO Model Number 4 technique to verify the hypothesis, first, frequency analysis to understand the demographic and sociological characteristics of the survey subjects, second, technical statistics, correlation analysis to understand the technical statistics and correlations of major variables. As a result of the main analysis, first, it was found that marital conflict perceived by working mothers did not have a statistically significant effect on children's cyber delinquency. Second, in the relationship between marital conflict perceived by working mothers and cyber delinquency of children, school life adaptation had a complete mediating effect. Based on these results, it is significant in that it has presented basic data to prevent cyber delinquency problems before children who are active a lot online are exposed.

Climate Change-induced High Temperature Stress on Global Crop Production (기후변화로 인한 작물의 고온 스트레스 전망)

  • Lee, Kyoungmi;Kang, Hyun-Suk;Cho, ChunHo
    • Journal of the Korean Geographical Society
    • /
    • v.51 no.5
    • /
    • pp.633-649
    • /
    • 2016
  • Exposure to high temperatures during the reproductive period of crops decreases their productivity. The Intergovernmental Panel on Climate Change's (IPCC) fifth Assessment Report predicts that the frequency of high temperatures will continue to increase in the future, resulting in significant impacts on the world's food supply. This study evaluate climate change-induced heat stress on four major agricultural crops (rice, maize, soybean, and wheat) at a global level, using the coupled atmosphere-ocean model of Hadley Centre Global Environmental Model version 2 (HadGEM2-AO) and FAO/IIASA Global Agro-Ecological Zone (GAEZ) model data. The maximum temperature rise ($1.8-3.5^{\circ}C$) during the thermal-sensitive period (TSP) from the baseline (1961-1990) to the future (2070-2090) is expected to be larger under a Representative Concentration Pathway (RCP) 8.5 climate scenario than under a RCP2.6 climate scenario, with substantial heat stress-related damage to productivity. In particular, heat stress is expected to cause severe damage to crop production regions located between 30 and $50^{\circ}N$ in the Northern Hemisphere. According to the RCP8.5 scenario, approximately 20% of the total cultivation area for all crops will experience unprecedented, extreme heat stress in the future. Adverse effects on the productivity of rice and soybean are expected to be particularly severe in North America. In Korea, grain demands are heavily dependent on imports, with the share of imports from the U.S. at a particularly high level today. Hence, it is necessary to conduct continuous prediction on food security level following the climate change, as well as to develop adaptation strategy and proper agricultural policy.

  • PDF