• Title/Summary/Keyword: The Panel Data Model

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The Impacts of Financial Expenditures on Employment under the China New Normal (중국 "신창타이" 시대의 재정지출이 취업에 미치는 영향)

  • Shen, Quan-Ping;Kim, Jong-Sup
    • International Area Studies Review
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    • v.21 no.2
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    • pp.21-44
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    • 2017
  • Under the new normal, the China's economy growth has changed rapid growth to moderate growth since 2007. With new paradigm, China is facing an abnormally severe employment situation. Also the financial expenditure is an important macro adjustment method. The research analyzes both implications of financial expenditures to employment in China, and the trend of implication in different regions. The research was conducted by 2SLS method using the panel data of 31 Chinese local governments(provinces, cities, and autonomous districts) during 1998 to 2015. The main findings are as follows. In the new normal model(2008-2015), the financial expenditure to urban employment have higher effect than total employment. Also, higher income region have more positive effect than lower income region. Medical, technology expenditure have positive effect to total employment, social security, education expenditure have positive effect to urban employment. In the total model(1998-2015) have similar results with new normal model, but the elasticity is more higher than total model. Ultimately, it can be seen that the efficiency of financial expenditure is lower than new normal model. The government should increase the proportion of expenditure in fields of social security, education, medical, technology, and improve the expenditure structure. So as to promote the effect of financial expenditure to employment in new normal economy.

Social Risks of Self-Employed Women in Korea and the Legacy of East Asian Welfare Model Policy Logic (한국 여성 자영업자의 사회적 위험과 동아시아복지국가 정책 논리의 유산)

  • Ahn, Jong-soon
    • 한국사회정책
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    • v.24 no.4
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    • pp.63-87
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    • 2017
  • Self-employed women are highly vulnerable to social risks like unemployment and poverty as job instability has increased in recent decades. Despite this, the Korean public policy focus has been on employees, not the self-employed. This may be closely linked to the legacy of the East Asian welfare model policy logic. Therefore, this study explores social risk levels by gender and employment status and examines the relation between social risks of self-employed women and the East Asian welfare model policy logic, through comparing-means analysis and ordered logit regression analysis using the 9th wave data of the Korea Welfare Panel Study Korea. The study yields evidence of divisions in social risk levels according to gender and employment status: that is, a gender difference, and a substantial gap between self-employed workers and regular employees. Furthermore, the findings of the study indicate that self-employed women — especially in small businesses — are more vulnerable to social risks than are self-employed men. This strongly supports the conclusion that the higher social risks of self-employed women in Korea are closely linked to the legacy of East Asian welfare model policy logic, which focuses on social protection for core workers and largely neglects women.

Factors Affecting Carbon-Labeling Brand Loyalty : Applying Value-Attitude-Behavior Model (탄소라벨링 브랜드 충성도를 결정하는 요인: 가치태도행동 모형의 적용)

  • Kim, Gwang-Suk;Park, Kyungwon;Park, Kiwan
    • Journal of Environmental Policy
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    • v.13 no.3
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    • pp.109-133
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    • 2014
  • With a growing concern about climate change and green house gases mitigation, carbon labeling policy has been launched in several countries as an environmental policy which connects low carbon production to low carbon consumption. This research aims to propose a model that explains consumers' attitude and brand loyalty toward carbon labeling products. This model specifies the consumer's psychological processes by which consumer values, such as autonomy and environmental values, affect carbon labeling product and corporate images and finally form brand loyalty toward carbon labeling products. Panel data were collected in two separate surveys and analyzed using a structural equation technique. Results are summarized as follows. First, consumers' autonomy value(AV) positively affects locus of control(LC) and corporate image(CI). Second, consumers' environmental value(EV) positively influences perceived consumer effectiveness(PCE), which in turn has a negative effect on perceived barriers(PB). Perceived barriers finally affect product image(PI) negatively. Third, both corporate image and product image have causal relationships with brand loyalty. Our results suggest that carbon labeling policy contributes not only to the reduction of greenhouse gases but also to the increase of consumers' attitude and brand loyalty toward carbon labeling products. This research also provides governments with directions for efficient environmental policy and firms with guidance on effective marketing strategies about carbon labeling.

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Technical Efficiency of Medical Resource Supply and Demand (의료자원 공급, 수요의 성과 효율성에 대한 실증분석)

  • Chang, Insu;Ahn, Hyeong Seok;Kim, Brian H.S.
    • Journal of the Korean Regional Science Association
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    • v.34 no.2
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    • pp.3-19
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    • 2018
  • The objective of this study is to observe the efficiency of clinical performance on the supply and demand of medical resources in Korea. For the empirical analysis, we constructed the dataset on age standardized mortality rate, the number of physician, specialist, surgery, medical institution, ratio of general hospitals of 16 provinces in Korea from 2006 to 2013. The panel probability frontier model is employed as an analysis method and considered heteroscedasticity and autocorrelation of the error in panel data. In addition, the demographic and socioeconomic characteristics of the 16 provinces, unemployment rate, elderly population ratio, GRDP per capita, and ratio of hospitals in comparison to the general hospitals are used to find the effect on the technical efficiency of clinical performance on supply and demand of medical resources. The results are as follows. First, for the clinical performance, the supply side of human resources such as doctors and specialists and the demand side factors such as chronic illness clinic per unit population have a significant influence, respectively. Second, the technical efficiency of clinical performance on the supply and demand of medical resources of each input component was 59-70% in terms of clinical efficiency in each region. Third. estimates of technical efficiency of inputs that affect clinical performance showed a slight increase in all regions during the analysis period, but the increase trend decreased slightly. Fourth, the ratio of the elderly population and GRDP per capita have a positive influence on the technical efficiency of clinical performance on the supply and demand of medical resources. The difference of each efficiency by region is due to the regional differences of the input medical resources and the combination of them and the demographic and socioeconomic characteristics of the region. It is understood that the differences in technological efficiency due to the complexity of supply and demand of medical resources, demographic structure and economic difference affecting clinical performance by region are different.

The effects of perceived neighborhood disorder on problem behavior among adolescents -The mediating effects of parent-child stress- (인지된 동네 무질서가 청소년의 문제행동에 미치는 영향 -청소년의 부모관계 스트레스의 매개효과-)

  • Jung, Sun Hee;Yoo, Joan P.
    • Journal of the Korean Society of Child Welfare
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    • no.56
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    • pp.1-32
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    • 2016
  • The present study examined the mediating effects of parent-child stress on the relationship between perceived neighborhood disorder and problem behaviors. The research hypotheses were based on Pearlin's(1999) stress process model and findings from previous literature. The data from the $4^{th}$-wave of the Korea Youth Panel Survey (KYPS; a panel survey of $8^{th}$-grade students) were analyzed to identify the relationships between the study variables. The sample included 2,301 adolescents (16 to 18 years old). Findings showed that parent-child stress partially mediated the relationship between perceived neighborhood disorder and problem behaviors in adolescents. As adolescents perceived more neighborhood disorder, they were more likely to experience anxiety/depression and aggression. In addition, greater neighborhood disorder were found to be associated with the higher levels of the parent-child stress. Furthermore, when controlling for perceived neighborhood disorder, the higher levels of the parent-child stress were found to be associated with the higher levels of anxiety/depression and aggression. The Sobel test and bootstrapping results showed that parent-child stress partially mediates the relationship between perceived neighborhood disorder and anxiety/depression, as well as the relationship between perceived neighborhood disorder and aggression. Based on the results, we discussed social welfare implications of the study findings to prevent adolescent problem behavior as well as the limitations of the study.

Development of Climate Change Education Program in High School Based on CLAMP Inquiry of Fossil Leaves (잎화석의 CLAMP 탐구를 통한 고등학교 기후변화 교육 프로그램 개발)

  • Yoon, Mabyong
    • Journal of the Korean Society of Earth Science Education
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    • v.12 no.1
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    • pp.27-39
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    • 2019
  • The purpose of this study is to develop a STEAM program for teaching climate change through CLAMP (Climate-Leaf Analysis Multivariate Program) paleoclimate inquiry in connection with high school 'Integrated Science' subject. In order to do so, we analyzed the 2015 revised national curriculum and science textbook in terms of the PDIE instructional design model, and developed the teaching-learning materials for 10 class hours through expert panel discussion and pilot test. According to the STEAM class procedure, in the situation presentation stage, the fossil leaves were collected from the dicotyledon plants near school, and the LMA (Leaf Margin Analysis) climate inquiry activity. was presented as the learning goal. During the creative design stage, students were taught about geology and leaf fossils in the study region, and CLAMP input data (31 characteristics of morphotype and leaf architectural of fossil leaves) were given. In the emotional experience and new challenge stage, we collected leaf fossils for outdoor learning, explored paleoclimate with CLAMP method, and promoted climatic literacy in the process of discussing tendencies and causes of Cenozoic's climate change. The validity of the development program was assessed (CVI .84) as being suitable for development purpose in all items through the process of establishing reliability among expert panel. In order to apply the program to the high school, a pilot test was conducted to supplement the discrepancies and to review the suitability. The satisfaction rate of the participants was 4.48, and the program was complemented with their opinions. This study will enable high school students to have practical knowledge and reacting volition for climate change, and contribute to fostering students' climate literacy.

Analysis of the Effect of Carbon Dioxide Reduction by Changing from Signalized Intersection to Roundabout using Tier 3 Method (Tier 3 방법을 이용한 회전교차로 도입에 따른 $CO_2$ 감축효과)

  • Lee, Jung-Beom;Lee, Seung-Hoon
    • The Journal of The Korea Institute of Intelligent Transport Systems
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    • v.10 no.5
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    • pp.105-112
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    • 2011
  • Delay reduction of vehicles at the intersection is highly dependent on the signal operation method. Improper traffic operation causes the violation of the traffic regulations and increasing traffic congestion. Delay because of congestion has contributed to the increase in carbon dioxide in the atmosphere. The focus of this paper is to measure the amount of carbon dioxide when the intersection is changed to roundabout. Even though, Intergovernmental Panel on Climate Change(IPCC) recommends Tier 1 method to measure the amount of greenhouse gas from vehicles, this paper used Tier 3 method because we could use the data of average running distance per each vehicle model. Two signalized intersections were selected as the study area and the delay reductions of roundabout operation were estimated by VISSIM microscopic simulation tool. The control delay for boksu intersection reduced from 28.6 seconds to 4.4 seconds and the KRIBB intersection sharply reduced from 156.4 seconds to 23.6 seconds. In addition, carbon dioxide for two intersections reduced to 646.5 ton/year if the intersection is changed to roundabout. Future research tasks include testing the experiment for networks, as well as for various intersection types.

An analysis methodology for the power generation of a solar power plant considering weather, location, and installation conditions (입지 및 설치방식에 따른 태양광 발전량 분석 방법에 관한 연구)

  • Byoung Noh Heo;Jae Hyun Lee
    • Journal of Korea Society of Industrial Information Systems
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    • v.28 no.6
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    • pp.91-98
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    • 2023
  • The amount of power generation of a solar plant has a high correlation with weather conditions, geographical conditions, and the installation conditions of solar panels. Previous studies have found the elements which impacts the amount of power generation. Some of them found the optimal conditions for solar panels to generate the maximum amount of power. Considering the realistic constraints when installing a solar power plant, it is very difficult to satisfy the conditions for the maximum power generation. Therefore, it is necessary to know how sensitive the solar power generation amount is to factors affecting the power generation amount, so that plant owners can predict the amount of solar power generation when examining the installation of a solar power plant. In this study, we propose a polynomial regression analysis method to analyze the relationship between solar power plant's power generation and related factors such as weather, location, and installation conditions. Analysis data were collected from 10 solar power plants installed and operated in Daegu and Gyeongbuk. As a result of the analysis, it was found that the amount of power generation was affected by panel type, amount of insolation and shade. In addition, the power generation was affected by interaction of the installation angle and direction of the panel.

A Study on the Relationship Between Institutional Distance and Outward Foreign Direct Investment: the Case of China (제도적 거리와 해외직접투자의 관계에 관한 연구: 중국을 중심으로)

  • Ya-Xin Lin;Cheon Yu;Yun-Seop Hwang
    • Korea Trade Review
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    • v.48 no.4
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    • pp.23-45
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    • 2023
  • This study aims to investigate the relationship between institutional distance and FDI and focuses on China's outward FDI. The institutional distance between China and the host country is measured using the institutional quality published by the World Bank. This study collects panel data from 50 countries in which China invested from 2008 to 2019 and use the panel GLS methodology to examine the factors affecting outward FDI through three models. First, this study examines the impact of the absolute value of institutional distance on China's OFDI across all countries in which China invests. Second, this study divides countries with positive and negative institutional distance to China into two groups and examine the relationship between institutional distance and OFDI in each group. Finally, this study examines the non-linear relationship between institutional distance and OFDI from China. To test this, this study adds the squared term of institutional distance to the model. The results of the analysis are as follows Institutional distance is positively related to China's OFDI. The relationship between institutional distance and OFDI is inverted U-shaped in the group of host countries with relatively higher institutional quality than China, but positive in the group of low-quality host countries. In addition, China's OFDI is affected by a combination of institutional and economic factors. The results of this study have implications not only for FDI host countries but also for MNCs' choice of FDI destinations.

Analysis of Entrepreneurial Orientation and Market Share using PLS Structural Equations Modelling -Mediating Effect of R & D Capability & BSC Future Value Creation- (PLS 구조방정식 모형을 활용한 기업가적 지향성과 시장점유율간의 실증 분석 - R&D 역량, BSC 미래가치 창출의 매개효과 -)

  • Ko, Il-Kwon;Nam, Jung-Min
    • The Journal of the Korea Contents Association
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    • v.20 no.4
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    • pp.348-357
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    • 2020
  • Discussions on entrepreneurship are increasing, but the methodology that can be applied to actual small to mid-sized businesses and venture firms is insufficient, and research on measuring achievement and application is lacking. In this regard, this paper analyzed actual proof on the relationship among entrepreneurial orientation, R&D capabilities, market share, and the creation of BSC future values that can be empirically applied to small to mid-sized businesses and venture firms. A factor analysis and hypothesis verification have been conducted with the SEM model utilizing SmartPLS 3.0 on the recent 7th year (2017) data from the Human Capital Corporate Panel (HCCP) of the Korea Research Institute for Vocational Education and Training. The actual proof analysis revealed that entrepreneurial orientation creates a positive influence on R&D capabilities and the creation of BSC, and also on market share, with R&D capabilities as a parameter. On the other hand, the relationship between entrepreneurial orientation and market share proved to be not statistically meaningful. Future value creation of BSC also could not mediate the relation between entrepreneurial orientation and market share. Therefore, this research has proven that a company must cultivate its personnel's R&D capabilities with their entrepreneurial orientation. Furthermore, it is a significant fact that BSC, the conventional measuring tool for performance management, could not mediate the relationship between entrepreneurial orientation and market share. Future companies aiming at innovation should consider developing a new index that could measure the corporate-level entrepreneurship and conduct performance management.