• Title/Summary/Keyword: Tobit model

Search Result 154, Processing Time 0.027 seconds

A Study on Examining the Impact of Science and Technology Policy Mix on R&D Efficiency (과학기술정책조합이 R&D효율성에 미치는 영향 분석)

  • Woo, Chungwon;Chun, Dongphil
    • Journal of Korea Technology Innovation Society
    • /
    • v.21 no.4
    • /
    • pp.1268-1295
    • /
    • 2018
  • This study examines the effects of policy mix on R&D efficiency in by using data from 2014 and 2016 Korean Innovation Survey. The DEA-Tobit analysis is used to estimate the impact of policy mix on relative R&D efficiency. As a result of the DEA analysis, the R&D efficiency of the Korean manufacturing industry firms is low, because the R&D investment has not been used effectively. According to the Tobit model, policy mix have a positive effect on R&D efficiency. In particular, the combination of market-oriented, market supply-oriented, and supply demand-oriented policy mix showed a positive relationship with R&D efficiency. R&D portfolio is necessary to improve R&D efficiencies and government has to facilitate a policy mix in view of the nature of firms and Consistency of policy tools.

Identifying the Characteristics of Elderly Pedestrian using the Tobit Model (토빗모형을 활용한 고령 보행자의 보행 특성 연구)

  • Choi, Sung-taek;Choo, Sang-ho;Jang, Jin-young
    • The Journal of The Korea Institute of Intelligent Transport Systems
    • /
    • v.15 no.1
    • /
    • pp.16-27
    • /
    • 2016
  • This study identified the factors which affect pedestrian behavior using the tobit model with a descriptive analysis. Individual characteristics, household characteristics, zone characteristics were selected as the independent variables. Walking frequency and walking time was adopted for the variables which represent walking behavior. The results showed that the walking time models were superior than the walking frequency models. The model for education purpose had the most lowest fitness and the model for others purpose had characteristics mixed up the various purposes. Futhermore, this research found that independent variables: individual, household and zone characteristic variables affected walking activities of elderly pedestrian by purpose. The walking activity decresed when a pedestrian grew older or had a vehicle or a driver's license. The Elderly facilities promoted the walking activity of seniors. As the floor area of neighborhood and business facilities was wide, the walking activities were animated. In addition, the compacted downtown developments decreased the elderly's walking activities, so it is needed to consider those results in terms of the urban planners.

The factors affecting Visitors' Spending on Local Festivals by applying the Tobit Model -Based on Rice Festivals in Two Regions- (Tobit 모형을 이용한 지역축제 방문객의 지출 영향요인 -두 지역 쌀 축제를 중심으로-)

  • Baik, Un-Il
    • The Journal of the Korea Contents Association
    • /
    • v.12 no.9
    • /
    • pp.479-488
    • /
    • 2012
  • The purpose of this study was to determine the impact in visitors' spending on two separate local festivals, and to present the improved market strategies to attract visitors to revisit the local festivals. This study was also intended to suggest the ways to increase the competitiveness and revitalize the local festivals by improving the existing attractions and creating new attractions based on the visitors' evaluation. On the purpose of the study, we studied the visitors of two local ricefests, Icheon Rice Cultural Festival and Rice Festival in Jincheon Chungbuk, and estimated the determinants influencing the visitors' spending to the festivals by applying Tobit model. Finally, to estimate the behavioral differences in visitors of the two festivals, we compared the estimated determinants for the visitors of each festival by using Log-likelihood Ratio, and analyzed the differences in the factors influencing the visitors' spending. Summarizing the propensity of visitor's spending to local festivals, visitors of two rice festivals buy or tended to buy things on impulse. Therefore, festival industry needs to take measures to efficiently accommodate their expenditures from the stage of designing festivals.

Analysis of the Operation Efficiency and Influence Factors of Local Welfare Facilities for the Disabled -Focusing on Housing Facilities of the Severely Disabled in Jeolla Region- (지역 장애인복지시설의 운영효율성 및 영향요인 분석 -전라지역 중증장애인 거주시설을 중심으로-)

  • Lee, Hyeong-Bae
    • Journal of Digital Convergence
    • /
    • v.12 no.12
    • /
    • pp.611-620
    • /
    • 2014
  • This research analyzed the operation efficiency and influence factors of housing facilities for the severely disabled in Jeolla region by using the DEA model. First, the analysis of efficiency for 2012 was carried out using the CCR model. As a result, 12 DMUs were proved to be efficient, and the average efficiency of CCR was 0.85, confirming that the efficiency of all DMUs were satisfactory. Second, regression analysis was carried out to analyze the factors affecting the efficiency of the DEA model by using the Tobit model. In this case, the inputs and calculated variables were set as independent variables whereas the efficiency as the dependent variable. As a result, the detailed variables had a low significance; the overall input variables showed a negative influence while the calculated variables tended to be a positive influence. In terms of operation efficiency, there was no meaningful result in input variables besides the number of workers. Instead of expanding the input variables, the following should be made for housing facilities of the severely disabled; more efforts should be put in to improve welfare service delivery system and operating environment and structure, and the program must be supplemented as well.

An Analysis of the Impact of Climatic Elements on the Jellyfish Blooms (기후 요소가 해파리 출현에 미치는 영향 분석)

  • KIM, Bong-Tae;EOM, Ki-Hyuk;HAN, In-Seong;PARK, Hye-Jin
    • Journal of Fisheries and Marine Sciences Education
    • /
    • v.27 no.6
    • /
    • pp.1755-1763
    • /
    • 2015
  • The objective of this study is to empirically analyze the relationship between sea temperature and jellyfish blooms. Ever since the 2000s, jellyfish population has been dramatically increased, which brought negative influence on the national health and the fisheries activities. Jellyfish blooms have been recognized as an effect of climate change, but there has been no empirical evidence to support such relationship. In this paper, the relationship between sea temperature and jellyfish blooms has been analyzed by using the regional jellyfish monitoring data and coastal stationary observing data of National Institute of Fisheries Science. Since the dependant variable carries left censoring issues, we used the panel tobit model. Our results indicate that there are statistically significant positive relationship between sea temperature and jellyfish blooms.

Factors Influencing Cultivated Area Decisions of the Rural Area in the Fringe of Small and Medium Sizes City (중소도시 근교 농촌지역 경지면적 결정요인 분석)

  • Yi, Hyangmi;Goh, Jongtae
    • Journal of Korean Society of Rural Planning
    • /
    • v.21 no.2
    • /
    • pp.1-10
    • /
    • 2015
  • This study consists of an observation of the changes in management and agricultural production of Shinbuk-eup based on the data from the Agricultural, Forestry & Census Report Survey. The following is a short summary and suggestions of the research. First, taking a look at the farming conditions of Shinbuk-eup, it shows that it is extremely polarized into rice paddies and vegetable cropping. Second, using the Tobit model to analyze the factor of determination of farmable lands of the farmers in Shinbuk-eup, the higher the number of family members, the less the hired work, and the more the experience in farming, have larger farmable lands. Meanwhile, the younger the farmer, their land mass is higher, however, after reaching their threshold age, their lands decrease.

Efficiency Analysis of Organic Farm Management (유기농업 실천농가의 경영효율성 분석)

  • Kim, Chang-Gil;Lee, Sang-Gun;Kim, Tae-Young
    • Korean Journal of Organic Agriculture
    • /
    • v.17 no.1
    • /
    • pp.19-33
    • /
    • 2009
  • This paper evaluates the technical efficiency of organic farm management practices and studies its main determinants in Hongdongmyeon of Hongsung county, Chungnam province. The analysis is performed in two stages. First, the efficiency is measured via the nonparametric "Data Envelopment Analysis" (DEA) technique. The DEA models are constructed not only to assess the overall technical efficiency of organic fanning practices but also to evaluate the management efficiencies. In a second stage critical determinants of efficiency are determined using a Tobit model. In this analysis the focus is on technical and socio-economic variables. The analytical results show that technically efficient farms is about 13 percent and the mean technical efficiency is found to be 0.73 indicating that many farms are not operating at an efficient scale.

  • PDF

Estimation the Non-Market Value of Organic Farmed Laver using the CVM (CVM을 이용한 유기양식 김의 비시장적 가치 평가)

  • Joung, Myung-Saeng;Kwak, In-Seop;Lee, Sang-Go
    • Journal of Fisheries and Marine Sciences Education
    • /
    • v.17 no.3
    • /
    • pp.383-389
    • /
    • 2005
  • In this study, we analyzed consumers' extra willingness-to-pay for the organic farmed laver, which recently is related to the increased interests in health. Survey questionnaires, which are targeted the urban consumers and based on the equivalent surplus concept, were intended to calculate extra willingness-to-pay for the organic farmed laver. Payment card format was used as the questionnaires type and tobit model was used for the analysis. Variables used for the analysis are sex, age, region, occupation, number in family and income. The results were that the consumers had extra willness-to-pay of 17.16% on average for the eco-friendly organic farmed laver. The higher the income and the more the family number, the customers had more extra willingness-to-pay.

A Study on Operational Efficiency Analysis on the Value of Chinese Shipping Companies

  • Cui, Lin-Lin;Choi, Jung-Suk
    • Journal of the Korean Society of Marine Environment & Safety
    • /
    • v.28 no.3
    • /
    • pp.430-440
    • /
    • 2022
  • Shipping companies are key components of the logistics industry, which is extremely significant in enhancing the country's comprehensive national power and promoting global trade development. In the context of the implementation of the new development pattern strategy in China and the impact of the global novel coronavirus (COVID-19), this paper takes 22 Chinese shipping listed companies as the research object and analyses the operational efficiency of them from 2011 to 2020 based on the Super-SBM DEA Model and Window DEA Model. Factors affecting the efficiency are further analyzed with the Tobit model. The research conclude that the operational efficiency of Chinese shipping companies as a whole shows a steady increase from 2011 to 2020. Although most of them are in a relatively ef ective operation state, fewer are absolutely effective companies. Besides efficiency among companies differs obviously, which indicates the potential of further improvement and promotion. What's more, factors such as current economic development level, enterprise size, human resources quality and enterprise turnover speed have significant positive correlation to the operation efficiency of Chinese shipping listed companies, which is significant to improve the operation efficiency of Chinese shipping companies.

The Efficiency of Container Terminals in Busan and Gwangyang Port (부산항과 광양항의 컨테이너 터미널의 효율성)

  • Mo, Su-Won;Lee, Kwang-Bae
    • Journal of Korea Port Economic Association
    • /
    • v.26 no.2
    • /
    • pp.139-149
    • /
    • 2010
  • This paper analyses the relative efficiency of 13 container terminals based on the data for the period 2003-8 to offer a fresh perspective. There has been abundant empirical research undertaken on the technical efficiency of Busan and Gwangyang port. Most studies have focused on the use of parametric and non-parametric techniques to analyse overall technical efficiency. Here, the framework assumes that terminals use two input to produce one output; the former includes container yard and container crane and the latter container volume. Jarque-Bera indicates that three variables are not normally distributed and the positive skewness shows that all the variables have long right tails. This means there are many small-scaled container terminals. This paper also employs heteroscedastic Tobit model to show the effect of the explanatory variables on the container terminal efficiencies. The Tobit model shows that both container yard and container cranes have positive effect on the container terminal efficiency, but container yard has a higher impact on the efficiency than the container crane.