• 제목/요약/키워드: price determinants

검색결과 228건 처리시간 0.035초

지가형성요인의 다수준 종단 분석 (A Multi-level Longitudinal Analysis of the Land Price Determinants)

  • 이창로;박기호
    • 대한지리학회지
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    • 제48권2호
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    • pp.272-287
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    • 2013
  • 본 연구는 부동산 가격 추정을 위해 자주 활용되는 헤도닉 가격모형(Hedonic Pricing Model)에서의 설명변수, 즉 지가형성요인의 선별 중요성에 대해 기술하고, 이러한 지가형성요인 및 그 효과가 시간의 경과에 따라 어떻게 변화하는지 실증적으로 검토하였다. 전주시를 사례 지역으로 하여 17년간 반복 측정된 표준지 공시지가를 분석 대상으로 하였으며, 자료가 가지는 포섭구조(nested structure) 및 종단성(longitudinal characteristics)을 고려하여 3개 수준으로 구성된 다수준모형(multi-level model)을 설정하여 적합 정도를 평가하였다. 지가형성요인은 공시지가 산정시 활용되는 헤도닉 가격모형의 일종인 비준표(比準表)에 포함된 항목을 중심으로 살펴보았다. 분석 결과, 17년간의 지가 변동 추세는 전주시 세부지역별로 상승 또는 하락하는 등 지역마다 다른 추이를 보였으며, 따라서 종단효과의 모델 반영이 필요함이 확인되었다. 또한 일반적으로 중요하다고 여겨지는 지가형성요인 중 유의하지 않은 요인이 발견되었으며, 특정 시점에서 영향력이 상당히 큰 것으로 판명된 지가형성요인도 시간의 경과에 따라 그 영향력이 약해지는가 하면, 반대로 지가에 미치는 영향력이 초기에는 미약하였으나 점차 뚜렷해지는 요인이 파악되었다. 향후 헤도닉 모형 적용시 이러한 지가형성요인의 동태성을 모델의 구성요소로 고려할 경우 보다 정확한 가격 추정이 가능해질 것이다.

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웹 로그 데이터를 이용한 온라인 소비자의 가격민감도 영향 요인에 관한 연구 (Determinants of Online Price Sensitivity Using Web Log Data)

  • 전종근;박철
    • Journal of Information Technology Applications and Management
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    • 제13권1호
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    • pp.1-16
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    • 2006
  • This paper empirically analyzed consumer price search behavior using Web log data of a Korean web site for price comparison. Consumer click-stream data of the site was used to test the effects of price level, product category, third party certification, reputation of retailers on click behavior. According to the descriptive statistics, 67.4% of shopbot users clicked the offer which was the lowest price returned in a search. We found that third party certification and reputation of retailers were significant determinants of clicking the lowest priced offer from legit analysis. We also applied Tobit regression analysis to estimate the price premium of the two determinants, but only reputation of retailers was found to have price premium of 4.9%.

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물류부동산의 가격결정요인에 관한 연구 - 경기도 지역을 중심으로 - (A Study on the Logistics Sales Price Determinants in Gyeonggi-do)

  • 조영재;김용진
    • 부동산연구
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    • 제27권1호
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    • pp.45-57
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    • 2017
  • 본 연구에서는 물류부동산의 가격결정에 영향을 미치는 요인에 대하여 헤도닉 가격 모형을 이용하여 분석하였다. 연구의 분석을 위하여, 2006년부터 2015년까지 10년간 경기도지역에서 거래된 물류센터의 실거래 사례를 전수 조사하였다. 또한 매매가격 형성요인으로 건물특성, 경제특성, 투자특성 및 시간특성을 설정하였고, 헤도닉 가격 모형을 활용하여 다중회귀분석을 실시하였다. 분석결과, 첫째, 규모의 경제에 대한 선호도 경향으로 인하여 대형면적의 매매가격이 높게 형성되었고, 둘째, 간접투자의 경우에 더욱 적극적인 투자성향으로 인하여 직접투자의 경우보다 매매가격이 상대적으로 높게 나타났으며, 셋째, 물류센터의 투자에 대한 다양한 노하우를 보유한 외국인투자자가 매매가격을 주도하고 있는 것으로 판단된다. 본 연구를 통하여 물류센터에 대한 투자의사 결정의 판단기준을 제시하고자 한다.

Determinants of Price in Specialty Coffee by Consumers

  • Kim, Hyojin;Jung, Oh-Hyun
    • 한국조리학회지
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    • 제22권6호
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    • pp.151-159
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    • 2016
  • With the targeted coffee consumers in Kwangju city, South Korea, this paper investigates a few determinants such as taste, aroma, mouth-feel, and satisfaction to influence coffee price, based upon self-evaluations by those who enjoy specialty coffee. Using both simple regression and standard multiple regression analyses, it turned out that tastes, smell, mouth-feel, and satisfaction of specialty coffee had effects on coffee price. This study implies that when coffee consumers decide coffee price, they consider multiple factors to influence their overall satisfaction in multiple aspects than a single facet like taste, aroma, and mouth-feel. Practical and theoretical discussion and implications are suggested for the following studies.

The Determinants and their Time-Varying Spillovers on Liquefied Natural Gas Import Prices in China Based on TVP-FAVAR Model

  • Ying Huang;Yusheng Jiao
    • Journal of Information Processing Systems
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    • 제20권1호
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    • pp.93-104
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    • 2024
  • China is playing more predominant role in the liquefied natural gas (LNG) market worldwide and LNG import price is subject to various factors both at home and abroad. Nevertheless, previous studies rarely heed a multiple of factors. A time-varying parameter factor augmented vector auto-regression (TVP-FAVAR) model is adopted to discover the determinants of China's LNG import price and their dynamic impacts from January 2012 to December 2021. According to the findings, market fundamentals have a greater impact on the import price of natural gas in China than overall economic demand, financial considerations, and world oil prices. The primary determinants include domestic gas consumption, consumer confidence and other demand-side information. Then, there are diverse and time-varying spillover effects of the four common determinants on the volatility of China's LNG import price at different intervals and time nodes. The price volatility is more sensitive and long-lasting to domestic natural gas pricing reform than other negative shocks such as the Sino-US trade war and the COVID-19 pandemic. The results in this study further proves the importance of domestic natural gas market liberalization. China ought to do more to support the further marketization of natural gas prices while working harder to guarantee natural gas supplies.

Modelling and Factor Analysis of Pricing Determinants in the State-Regulated Competitive Market: The Case of Ukrainian Flour Market

  • Dragan, Olena;Berher, Alina;Plets, Ivan;Biloshkurska, Nataliia;Lysenko, Nataliia;Bovkun, Olha
    • International Journal of Computer Science & Network Security
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    • 제21권7호
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    • pp.211-220
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    • 2021
  • The aim of the study is to implement a factor analysis of the determinants of pricing in a state-regulated competitive market using economic and mathematical modelling methods and to develop ways to improve the pricing environment of the market under study. The purpose of the work defines the main objectives: (i) to investigate the features of the competitive model of the Ukrainian flour market; (ii) to analyse the current price conjuncture of the flour market and the dynamics of the main determinants of pricing; (iii)to develop ways of improving the price situation on the flour market on the basis of the factor analysis on the results of economic and mathematical modelling. In order to ensure the reliability and validity of the research results, the following methods were applied: the logical-dialectical method of scientific knowledge in the study of the main theoretical aspects of flour market functioning, the method of logical generalisation and synthesis, comparison, factor analysis, correlation and regression analysis, the graphical method, etc. It has been shown that pricing in a state-regulated competitive market has its own characteristics. For example, in the flour market the price of goods cannot be influenced by producers (sellers) by any methods, therefore determinants of pricing by indirect influence have been taken into account. The five-factor power model of wheat flour price has been constructed. It was substantiated that the price of wheat flour in Ukraine is mostly influenced by consumer price index (0.92 %). The received complex model of wheat flour price may be used also for medium-term forecasting and working out the ways of price formation optimization in the flour market.

철도시스템 해외진출 결정 요인 분석 (The Survey Analysis of Determinants of Railroad Export)

  • 이순철;방연근;한은영
    • 한국철도학회:학술대회논문집
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    • 한국철도학회 2004년도 춘계학술대회 논문집
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    • pp.488-493
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    • 2004
  • This study discusses what determinants are important to enter the worldwide railroad market. Survey analysis is used to decide the determinants of export in the international railroad markets. The Study finds that with price factors, non-price factors such as technological innovation and technological transference are important, too. For manufacturing, market experience and know - how, financing and supports in the government level in the areas of strategical alliance and regulation are essential. For non-tariff factors, technical risk and characteristics of markets are considered.

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작품 가격 추정을 위한 기계 학습 기법의 응용 및 가격 결정 요인 분석 (Price Determinant Factors of Artworks and Prediction Model Based on Machine Learning)

  • 장동률;박민재
    • 품질경영학회지
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    • 제47권4호
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    • pp.687-700
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    • 2019
  • Purpose: The purpose of this study is to investigate the interaction effects between price determinants of artworks. We expand the methodology in art market by applying machine learning techniques to estimate the price of artworks and compare linear regression and machine learning in terms of prediction accuracy. Methods: Moderated regression analysis was performed to verify the interaction effects of artistic characteristics on price. The moderating effects were studied by confirming the significance level of the interaction terms of the derived regression equation. In order to derive price estimation model, we use multiple linear regression analysis, which is a parametric statistical technique, and k-nearest neighbor (kNN) regression, which is a nonparametric statistical technique in machine learning methods. Results: Mostly, the influences of the price determinants of art are different according to the auction types and the artist 's reputation. However, the auction type did not control the influence of the genre of the work on the price. As a result of the analysis, the kNN regression was superior to the linear regression analysis based on the prediction accuracy. Conclusion: It provides a theoretical basis for the complexity that exists between pricing determinant factors of artworks. In addition, the nonparametric models and machine learning techniques as well as existing parameter models are implemented to estimate the artworks' price.

보통주와 우선주간의 가격괴리율 결정요인에 관한 실증분석 (The Determinants of Price Differential between Common and Preferred Stock)

  • 남기석;임채창
    • 경영과정보연구
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    • 제28권3호
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    • pp.25-44
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    • 2009
  • 본 연구는 무의결권 우선주와 보통주간의 주가괴리율의 실태와 아울러 주가괴리율에 영향을 미치는 요인에 대해 알아보고자 하였다. 이를 위하여 국내 증권거래소에 상장된 106개 기업 우선주를 대상으로 2006년 1월부터 2008년 12월말까지 우선주와 보통주간의 주가괴리율이 나타나는 결정요인에 대해 분석하였다. 본 연구의 분석결과를 종합하면 다음과 같다. 첫째, 유보율의 경우 대체로 유의수준 5%하에서 유의하나 예상과는 달리 주가괴리율과는 정반대의 관계를 갖는 것으로 나타났다. 둘째, 자본금 변수는 대체로 유의수준 1% 하에서 유의한 것으로 나타났다. 셋째, 우선주 발행비중은 모든 모형에 걸쳐 유의수준 5% 하에서 유의적인 것으로 나타났다. 넷째, 매매회전율은 평균 주가괴리율을 종속변수로 한 모든 모형에서 유의수준 5%하에서 유의한 것으로 나타났다. 최근의 주가괴리율은 기업규모와 우선주의 발행비중, 그리고 매매회전율에 의해 설명되는 측면이 많다고 볼 수 있다. 특히 우선주의 발행비중은 그 영향력이 가장 클 뿐 아니라 일관된 유의성을 보이고 있어 발행비중의 조절을 통해 주가괴리율이 어느 정도 해소될 수 있는 가능성을 시사하고 있다.

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Modelling of Demand Determinants for Full-Time Bachelor's Degree Programs in Hospitality and Catering: The Case of Ukrainian Higher Education Institutions

  • Povorozniuk, Inna;Neshchadym, Liudmyla;Lytvyn, Oksana;Berbets, Tetiana;Filimonova, Iryna;Zotsenko, Liudmyla;Hushcha, Yevheniia
    • International Journal of Computer Science & Network Security
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    • 제22권1호
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    • pp.347-357
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    • 2022
  • The aim of the study is to model demand for full-time Bachelor's Degree Programs in Hospitality and Catering, taking into account the influence of the main determinants in the COVID-19 pandemic. The research used methods of algorithms, correlation and regression analysis, ANOVA, graphical method, deduction and induction, abstraction, etc. It was found that the demand for full-time Bachelor's Degree Programs in Hospitality and Catering is price elastic. It has been argued that it is useful to consider both price and non-price determinants when modelling demand for full-time Bachelor's Degree Programs in Hospitality and Catering. It is proved that the main determinants of demand for full-time Bachelor's Degree Programs in Hospitality and Catering are full-time tuition fee, maximum government order, license volume and Consolidated Ranking of a higher education institution (HEI). In this case, the applicant decides to enrol in a full-time Bachelor's Degree Program in Hospitality and Catering, guided by the optimal ratio of tuition fee and the prestige of the HEI.