• The Journal of Asian Finance, Economics and Business
• /
• v.8 no.8
• /
• pp.433-442
• /
• 2021

This research examines the financial performance of Village and Urban Community Funds (VFs). The study also explores the beneficial effects of the biggest microfinance programs in the world in the lower and lowest income provinces; specifically, whether VFs change household economic status or not. The data is collected uniquely from the village funds in four provinces of each region in Thailand which considerably reflect the government achievement. Accordingly, several financial ratios have been applied to evaluate the financial efficiency of the village funds, and the ordered logit model has been used to estimate the impact on economic variables of the poor. The findings show that the village funds do not improve the savings, income, consumption, and asset of VFs' members, although such funds have a higher financial performance. Furthermore, the VFs are a good substitute compared to the Bank for Agriculture and Agricultural Cooperatives (BAAC) credit because the cross-price elasticity of quantity of demand for such loans is positive. In particular, the loans from village funds are insignificantly correlated with the debt, income, asset, and economic status of VF members. This implies that Thai Village Funds do not alleviate definitely the serious problem about the financial situation in rural provinces. Thus, this microfinance does not change the economic well-being of the poor.

• The Journal of Economics, Marketing and Management
• /
• v.12 no.2
• /
• pp.61-71
• /
• 2024

Purpose: This study explores the impact of discrimination experience on stress levels among Seoul's public housing complex residents, emphasizing the moderating role of social capital. Research design, data and methodology: Utilizing the 2019 Seoul public housing (PH) panel data and an ordered logit model, the research categorizes residents based on personal and environmental factors, contrasting them across different local housing price levels. Results: We find that public housing residents' experience of discrimination has a significant impact on stress, and local housing prices are positively related to stress. Interestingly, stress due to discrimination is more pronounced in high-priced neighborhoods, which are associated with real estate inequality. Conversely, this impact is less pronounced in lower-priced neighborhoods. Importantly, social capital not only has a significant moderating effect on stress for all residents, but in high-priced neighborhoods, it also moderates the stress caused by experiences of discrimination for social housing residents. Conclusions: These findings highlight the need for policy interventions to strengthen social capital and address socioeconomic disparities in public housing, and are significant for analyzing the nuanced relationship between neighborhood, housing affordability, discrimination, and stress in urban communities for public housing residents, which is a socially problematic issue.

• Korean Journal of Social Welfare
• /
• v.64 no.3
• /
• pp.51-77
• /
• 2012

This study examines the scale of occurrence of Catastrophic Health Expenditure, and identifies the factors influencing Catastrophic Health Expenditure among disabled elderly households. Catastrophic Health Expenditure is defined by when the households' health care spending out of ability to pay exceeds 10%, 20%, 30%, and 40%. This study used the 2008, 2009, and 2010 surveys of the Panel Survey of Employment for the Disabled(PSED) to explore how gender, age, spouse, the level of education, the degree of disability, the type of disability, disability duration, subjective health status, chronic disease, the number of household members, the proportion of disabled households, the proportion of working households, the proportion of aged households, the type of poverty, household income, net asset, determine Catastrophic Health Expenditure among disabled elderly households. The study examines the frequency of Catastrophic Health Expenditure with 726 households, and conducted the panel logit model. The empirical results show that Catastrophic Health Expenditures are significantly related to age, spouse, the type of disability, subjective health status, chronic disease, the number of households, the proportion of disabled households, the proportion of aged households, the type of poverty. This study showed that the health care safety net in South Korea was insufficient for disabled elderly households and that a policy should be established in ordered to protect disabled elderly households from occurrence of Catastrophic Health Expenditure.

• Journal of the Korea Academia-Industrial cooperation Society
• /
• v.21 no.1
• /
• pp.448-456
• /
• 2020

This study found that it is critical to consider farmers' intention to adopt new technology in order to facilitate the spread of new technology. Based on this assumption, the research team analyzed the following: factors that influence intention of adoption and marginal effects on those factors. The data were collected from 99 farmers who did not participate in the pilot projects on dissemination of new technologies developed by the Rural Development Administration (RDA). A total of 19 observed variables were set to measure seven latent variables: educational support; technical support; funding support; compatibility; trialability; observability; and antipathy. The intention to adopt new technology was established as the dependent variable. According to the ordered logit analysis, educational support, observability, and antipathy were found to have significantly affected the intention to adopt new technology; their odds ratio were 6.938, 2.716, and 0.501, respectively. According to the marginal analysis, educational support, observability, and antipathy were found to have significantly affected the intention to adopt new technology; their marginal effects were 20.2 %, 10.4 %, and -7.2 %, respectively. Therefore, this study suggests the following to facilitate the spread of new technology: first, provide quality support services through effective deduction; second, increase the visibility of new technology; and third, enhance the credibility of agricultural institutions by developing continuous relations with farmers to reduce their antipathy.

• KSCE Journal of Civil and Environmental Engineering Research
• /
• v.35 no.4
• /
• pp.977-986
• /
• 2015

The purpose of this study is to find the housing affordability of elderly household according to household types and housing tenure and to contribute to desirable elderly housing policies. The data from the 2010 Korea Housing Survey was used for the analysis of this study and the final sample included 6,780 elderly households. The results of this study are summarized as follows; It was found that all kinds of elderly household for housing affordability were affected by income, residence period, housing location and size of house. And housing location was a highly influential factor. Besides, female elderly house-owners and male elderly renters living alone were likely to have higher housing cost burden. And if elderly renters households suffer more financial burden, they had have higher housing cost burden. It is implies that desirable elderly housing polices by government need to consider elderly househod's diverse characteristics in aged society.

• Environmental and Resource Economics Review
• /
• v.29 no.3
• /
• pp.389-418
• /
• 2020

Some OECD countries are showing signs of decoupling in the transportation sector. In terms of sustainable development, the decoupling of economic activities and greenhouse gas emissions in the transportation sector is very important. This study calculated a decoupling index of greenhouse gas emissions in the transportation sector for 25 OECD countries. Also this study analyzed the impact of energy transition on decoupling regimes. According to the analysis, a considerable number of countries have reached the decoupling phase, and some countries have shown strong decoupling regime in which greenhouse gas emissions are reduced despite economic growth. From ordered panel logit analysis, energy transition had significant impact on achieving decoupling phase. Electrification of transport had a positive effect on the decoupling, while the gasification was not significant. In addition, small traffic, high urbanization rates, strong environmental policies, and high trade opening have had significant effects on achieving decoupling.

• KSCE Journal of Civil and Environmental Engineering Research
• /
• v.33 no.4
• /
• pp.1559-1569
• /
• 2013

this study is to deduct the difference between regional and urban commercial trips by analyzing the characteristics of the regional and urban truck movements. To achieve this, we investigated the relation between the number of truck trips and various truck generation attributes such as truck attributes, origin and destination attributes, and commodity type using ordered logit models, which are separately estimated for regional and urban truck movements using truck diary data of Korea Transport Database (KTDB). According to the estimation results, regional and urban truck movements have different characteristics in truck attributes, origin and destination attributes and commodity type. Especially, the number of regional trucks trips increased as origin and destination are manufactural area and as the total value of products of industrial area in origin and destination increase.

• The Journal of the Korea Contents Association
• /
• v.15 no.11
• /
• pp.386-396
• /
• 2015

The purpose of this study is to analyze the determinants of the effectiveness in food safety policy, focusing on the perception of consumers. For this, we apply ordered logit analysis using "The Survey on the Attitudes towards Food Safety Policy" data investigated by Ministry of Culture, Sports and Tourism & Ministry of Food, and Drug Safety. According to the results of the analysis, policy literacy has a significant positive impact on the effectiveness of the policy. Trust has a positive impact on the effectiveness of the policy significantly. In addition, the results show that sensitivity has a significant negative impact on the effectiveness perceived by consumers. This study imply that the government should give more information about policies and make an effort to gain trust on food safety policy.

• Journal of Families and Better Life
• /
• v.33 no.5
• /
• pp.37-53
• /
• 2015

The purpose of this study is to examine the differences in perceived time pressure between employed and non-employed married women in Korea. The sample of married couple from the Korean Time Use Survey 2009 (n = 6,948 couple diaries) was used to examined the difference in the level of perceived time pressure over the life cycle of two group. This study also investigated the married women's time use, husband's time use as well as hour of domestic outsourcing and whether such factors are associated with lowering perceived time pressure of married women. Results showed employed wives felt almost 3 times more time pressed than non-employed wives, and the gap mostly remained over different life cycles. Total work hours were associated with increasing the time pressure of both groups of women, while regenerating time was associated with ameliorating time pressure. The result suggests that the time pressure gap between employed and non-employed wives can be partly due to the relative length of total labor hours and regenerating time among the two groups. Ordered logit analysis revealed that husband's paid work hours were not associated with wive's feeling rushed, but husband' unpaid work hours were positively linked with time pressure of their wives. Results indicated if employed or non-employed wives are feeling very busy, there is a high chance that husband might give them some help. We found employed wives spend more hours on housework outsourcing, and purchasing goods for housework was not associated with lowering the feeling of pressure of employed wives. There were both similarity and difference in factors associated with women's feeling pressed among employed and non-employed wives. It implies that social process and it's strategies to alleviate the time pressure can be different by women's employment status.

• Journal of the Korea Academia-Industrial cooperation Society
• /
• v.15 no.5
• /
• pp.3146-3152
• /
• 2014

This paper investigates the determinants for the controlling power and the concentration of the subcontracting trade between the downstream producer and the upstream supplier using a survey data for the IT industry in Gyeonggi-Do. The estimation results of the ordered logit and least square analyses are as follows. First, a firm. s controlling power across the downstream producer and the upstream supplier in the subcontracting trade would grow bigger when the company is bigger, more manufacture-oriented, and has higher ratio of export in sales. Second, the analysis for the upstream suppliers indicates that the higher dependent ratio of the subcontracting trade in the sales, the lower the concentration ratio of the R&D in the sales. Lastly, the analysis of the downstream producers indicates that the higher the dependent ratio of the subcontracting trade in the sales, the higher the concentration ratio of the R&D in the sales, which is distinctively contrast with the analysis result of the upstream suppliers. The overall estimation results are, hence, unsupporting to the transaction cost theory which predicts the increase of R&D investments in both downstream producer and upstream supplier.