• Title/Summary/Keyword: tobit

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Effects of Usual Source of Care by Patients with Diabetes on Use of Medical Service and Medical Expenses (당뇨병 환자의 상용치료원 보유가 의료이용 및 의료비에 미치는 영향)

  • Lee, So Dam;Shin, Euichul;Lim, Jae-Young;Lee, Sang Gyu;Kim, Ji Man
    • Korea Journal of Hospital Management
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    • v.22 no.3
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    • pp.1-17
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    • 2017
  • Purposes: Diabetes is a metabolic disorder that requires continuous care in order to prevent complications, as it can impose a critical burden on families and society due to various complications, including terminal renal failure, non-traumatic lower extremity amputation, and adult blindness. The usual sources of care are "specified private clinics, public health centers, or other facilities to visit when ill or when health-related advice is needed". These usual sources of care offer preventative services, have a high overall satisfaction rate in terms of public health care, and decrease the inpatient rates and medical costs of medical aid recipients. This study analyzed the current status of diabetic patients over 20 years of age based on their possession of a usual source of care, and the effects of this possession on the frequency of their medical service usage and its costs. Methodology: Based on data from the 7th Korea Health Panel, a Tobit analysis was used to analyze the different factors that can affect the frequency of medical service usage and its costs for diabetic patients with and without a usual source of care. Findings: The medical costs of diabetic patients with a usual source of care decreased in terms of inpatient, and the outpatient visits and inpatient costs of the group with a usual source of care in the form of a mainly-visiting doctor decreased more than those of the group with a mainly-visiting medical institution only. Practical Implications: Having a usual source of care can increase the treatment continuity, leading to reduced inpatient, and having a mainly-visiting doctor as the usual source of care further increases the treatment continuity. Based on these results, a new policy is needed to increase and strengthen diabetic patients? possession of a usual source of care.

An Investigation of the Effect of Government Subsidy Scheme to Bus Industry on the Efficiency of Inner-City Bus Route System (버스 재정지원체계 변화가 버스노선 효율성에 미치는 영향 분석)

  • Jung, Byung Doo;Kim, Kyoung Sik;Kim, Ki Hyuk
    • KSCE Journal of Civil and Environmental Engineering Research
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    • v.33 no.6
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    • pp.2455-2464
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    • 2013
  • This study is focused on the effect of reformation of public transportation system on the efficiency of bus route system as a result of change of government subsidy scheme. Two types of government subsidy scheme has been considered and before and after analysis by Data Envelopment Analysis technique has been carried out for bus routes in Ulsan Metropolitan City. The analysis output has shown that there is no clear evidence to clarify the relationship between the change of government subsidy scheme and the efficiency of bus route system. There are two types of backgrounds may be suggested for this situation such as more longer period necessary to identify the policy effect and limitation to increase the number of passenger in a provincial city. Tobit regression analysis has also been conducted to discover the most effective variables for maximum efficiency and three variables including route length, frequency per vehicle per day, and headway are found to be influential. It is also seen that strategy to minimising input factors and service upgrade plan such as shortened route length and headway, increasing frequency per vehicle are necessary to develop the efficiency of bus routes operated in Ulsan city.

Analysis of the medical and welfare projects Efficiency of Senior Welfare Centers by DEA Model (DEA를 이용한 노인복지관 의료복지사업 효율성 분석)

  • Kim, Keum Hwan
    • Asia-Pacific Journal of Business Venturing and Entrepreneurship
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    • v.8 no.2
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    • pp.161-174
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    • 2013
  • The purpose of this study was to examine the efficiency of senior welfare centers and the cause of differences among senior welfare centers in that regard, and to investigate influential factors for the differences in efficiency and the size of the influence of the factors. What methods would be effective at assessing the efficiency of senior welfare centers by taking into account their circumstances was reviewed, and post-hoc analyses were made by using data envelopment analysis(DEA) and Tobit analysis, which were useful tools to evaluate relative efficiency. After 24 senior welfare centers located in Seoul were selected, their yearly operating data of 2011 were utilized. In this study, we set limits to the medical welfare of the elderly welfare services business, and divided into model 2 including the elderly population in the region and model 1, input factors for only internal factors, such as full-time workers. We calculated a valid result by proceeding a BCC analysis and analysis of CCR respectively. As this study has some limitations, follow-up research should be implemented. Yet this study is of significance in that it attempted to present general norms for the efficiency analysis of senior welfare centers by using a DEA model and made various post-hoc analyses based on the efficiency data to give significant suggestions on the service of senior welfare centers.

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Inter-country Analysis on the Financial Determinants of Corporate Cash Holdings for the Large Firms With Headquarters in the U.S. and Korea (한국과 미국 대기업들의 현금유동성 보유수준에 대한 재무적 결정요인 분석)

  • Kim, Hanjoon
    • The Journal of the Korea Contents Association
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    • v.17 no.6
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    • pp.504-513
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    • 2017
  • This study investigated one of the controversial issues on debate or even controversial between policy makers at the government and corporate levels: To examine any financial determinants on the cash holdings of the firms in the advanced and emerging capital markets. Futhermore, it focused on the large representative firms headquartered in the U.S. and the Republic of Korea, taking into account scarcity of the previous literature concentrated on the comparative studies on this particular subject. Several legitimate, but robust econometric estimations such as static and dynamic panel data models and Tobit regression, were applied to investigate possible financial factors ono the cash liquidity. Given the continued debates or arguments on the excess cash reserves between interest partied at the government and corporate levels in the advanced and/or emerging capital markets, and more accelerated capital transfers among associated nations by engaging in the arrangements of the FTAs, the results of the study may provide a vision to search for the optimal level of corporate cash holdings for firms in the two nations.

An Analysis of the Efficiency of Agricultural Business Corporations Using the Stochastic DEA Model (농업생산법인의 경영효율성 분석: 부트스트래핑 기법 활용)

  • Lee, Sang-Ho;Kim, Chung-Sil;Kwon, Kyung-Sup
    • Asia-Pacific Journal of Business Venturing and Entrepreneurship
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    • v.6 no.4
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    • pp.137-152
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    • 2011
  • The purpose of this study is to estimate efficiency of agricultural business corporations using Data Envelopment Analysis. A proposed method employs a bootstrapping approach to generate efficiency estimates through Monte Carlo simulation re-sampling process. The technical efficiency, pure technical efficiency, and scale efficiency measure of the corporations is 0.749 0.790, 0.948 respectively. Among the 692 agricultural business corporations, the number of Increasing Returns to Scale (IRS)-type corporations was analyzed to be 539(77.9%). The number of Constant Returns to Scale (CRS)-type corporations was 108(15.6%), and that of Decreasing Returns to Scale (DRS)-type corporations was 45(6.5%). Since an increase in input is lower than an increase in output in IRS, an increase in input factors such as new investments is required. The Tobit model suggests that the type of corporation, capital level, and period of operation affect the efficiency score more than others. The positive coefficient of capital level and period of operation variable indicates that efficiency score increases as capital level and period of operation increases.

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The Influence of OLI Advantages in the Eclectic Paradigm on R&D Intensity of Foreign Firms in Korea (국내 외국인투자기업의 연구개발 투자에 대한 OLI우위 영향성 연구)

  • Park, Sunghwan;Cho, Hyunjung;Ji, Ilyong
    • Journal of Technology Innovation
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    • v.24 no.4
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    • pp.127-158
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    • 2016
  • Multinational corporations' overseas R&D activities bring host countries positive effects such as knowledge spillover, technology transfer, job creation and etc. For this reason, many countries have made efforts to attract foreign firms' R&D investment in their national territories. Korean government have also implemented some policy measures to expedite foreign firms operating in Korea to increase R&D activities. However, the firms' R&D investment in Korea has still been unsatisfactory, and only few studies have examined this issue. Therefore, this study attempts to explain the R&D investment of foreign firms operating in Kore, from the perspective Dunning's eclectic paradigm. Utilizing linear regression and Tobit model, this study analyzes the influence of OLI advantages on R&D intensity of foreign firms in Korea. The result shows that locational advantages of Korea (such as revealed technological advantage) had positive influences on foreign firms' R&D intensity. However, the influence of other OLI advantages were different by foreign firms' nationalities. For instance, internalization advantages had influences on R&D intensity, but the directions were different between Japanese and other nationalities. Based on the results, we provided some discussion and attempted to draw implications for Korean government's FDI and R&D policy.

Giving Behavior of Households - Effects of Asset, Income, and the Ratio of Income to Asset - (가구단위 기부행동에 관한 연구 - 자산, 소득, 자산 대비 소득의 효과 -)

  • Kang, Chul Hee;Choi, Jung Eun;Jang, Jae Hyuk
    • Korean Journal of Social Welfare
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    • v.68 no.4
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    • pp.53-74
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    • 2016
  • In this study, to verify influence that economic situations of a household unit have on donation behavior, after economic situations of a household unit were measured with income and assets by type and income to assets, effect which each variable has on secular giving was verified. This study used 3-year panel data of a total of 4,938 households based on the fifth to seventh year data as investigation data from 2012 to 2014 among data of financial panel investigation of Korea Institute of Public Finance of National Survey of Tax and Benefit. As an analysis method, a random effect tobit model was used. At the analysis result, it appeared that as scales of financial assets, earned income, property income, and transfer income become larger, the amount of donation increased. Also, it was represented that rates of income to assets had negative influence on secular giving. In case of demographic variables, education levels of householders and sizes of houses had relation of a positive direction. In case of ages, it appeared that they had inverted U-type relation. This study has meanings in that understanding of donation behavior of a household unit can be increased and expanded more and also implications related to intervention strategies of a household unit to expand sharing culture can be extracted by verifying influence which economic factors of a household unit have on donation behavior based on panel data.

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A Study on Time Allocation in Transition to Old Age -Focusing on the Patterns of Time Allocation among People aged 45 or more- (생애과정 전환기의 생활시간 배분에 관한 연구 -중.고령자의 생활시간 비교를 중심으로-)

  • Park, Mihee;Byun, Geumsun
    • Korean Journal of Social Welfare
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    • v.65 no.3
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    • pp.29-52
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    • 2013
  • This study examined how middle-aged and elderly persons allocated their time in overall perspective and whether the patterns were varied by age, socio-demographic factors, and the interaction effect between them. This study analyzed the 2009 Time Use Survey Data (17,096 time-diaries of people aged 45 or more) of the National Statistical Office using tobit regression model. The main results are as follows. First, middle-aged and elderly people gradually decreased paid work times. Second, the patterns of time allocation were varied by age, gender, education level, marital status and household type(Agricultural/non-agricultural). Third, there were interaction effects between age and the socio-demographic factors on paid work time and leisure time. Highly educated or urban persons were likely to have less time in paid work less than other groups with increasing age. And females were likely to have less time in domestic labor and care work than males with increasing age. But they had more time in social and economic productive activities than males. Based on these findings, this study suggests comprehensive approach to analyze the time use of elderly beyond economic working time or leisure time. To establish effective ageing society policy, it is necessary to consider the time allocation of elderly which divided into the social stratification.

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Co-residence and Its Effect on Labor Supply of Married Women (세대간 동거와 기혼여성의 노동공급)

  • Sung, Jaimie;Chah, Eun Young
    • Journal of Labour Economics
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    • v.24 no.1
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    • pp.97-124
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    • 2001
  • Co-residence is a type of intergenerational private transfers of resources: money, time and space. Adult daughters and their elderly parents decide to co-reside, depending on their utility levels before and after co-residence that mainly depend on the health status of the elderly. Therefore, co-residence implies positive net benefits to both parties in the sense that, when they co-reside, elderly parents share childcare and adult daughter provide elderly care. In other words, formal (paid) care can be substituted with informal (unpaid) one. Both marriage and giving births are considered as the major obstacles to labor market attachment of women who bear burdens of home production and childcare. Co-residence can be a solution for married women to avoid career interruption by sharing burdens with their elderly parents. However, most previous studies using the U.S. data on intergenerational private transfers focused on elderly care and have concluded that they reduce government expenditures associated with public subsidies to the elderly. This study focuses on adult daughters and it examines effects of co-residence on labor supply of married women in Korea, who face limited formal childcare programs in terms of both quantity and quality. It applies the Tobit model of married women's labor supply to the data from the Second Wave of the Korean Labor and Income Panel Survey( 1999), in order to investigate effects of co-residence and the work and health status of the co-residing elderly as well as their own health status. Four specifications of the empirical model are tested that each includes co-residence with elderly parents, their gender, or their work and health status. Estimation results show that co-residence, co-residence with female elderly, and co-residence with not-working female elderly have significant positive effects on labor supply of married women while poor health status of co-residing female elderly does not bring about any negative effects. However, co-residence with male elderly, regardless of their work and health status, has no significant effect The results indicate that co-residence is closely related to sharing of home production among female elderly and adult daughters who are married and, through intergenerational private transfers of resources in terms of time, it helps women avoid career interruption.

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Study for Valuing of Residential Water when Drought Conditions (가뭄상황시 생활용수 가치 추정)

  • Park, Doo-Ho;Park, Yoon-Shin
    • Proceedings of the Korea Water Resources Association Conference
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    • 2007.05a
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    • pp.487-492
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    • 2007
  • 최근 잦은 기상이변으로 인한 자연재해는 그 빈도와 강도가 점차 증가하고 있다. 이러한 기상이변은 결국, 극단적인 가뭄이 닥칠 가능성이 농후할 것이고, 만일 극단적인 가뭄상황이 도래할 경우 제한급수 또는 절수로 인한 일반인이 느끼는 피해정도는 매우 늘어날 것이다. 본 연구는 가뭄상황시 제한급수를 고려한 소비자의 지불의사를 알아보고자, 7대 특 광역시와 32개 가뭄상습지역에 거주하는 일반인을 대상으로 생활용수 수요패턴과 가뭄상황을 고려한 생활용수의 가치를 추정하였다. 조사결과, 수돗물 수질 관련에 대해서는 가뭄상습지역보다 7대광역시가 더 민감하였고, 수돗물 수량에 대해서는 가뭄상습지역이 더 민감한 것으로 나타났다, 지불의사 추정은 양분선택형과 개방형을 혼합하여 지불의사액을 설문하였고, Tobit모형을 이용하여 지불의사액을 추정하였다. 추정결과, 교육수준이 높을 수록, 가구수가 많을수록, 소득이 높을수록 지불의사가 높은 것으로 나타났다. 또한, 가뭄으로 인해 생활용수의 25% 제한시에는 약 2010원, 50% 제한시에는 2,395원의 추가적인 지불의사가 있는 것으로 추정되었다. 결국, 조사가구의 평균 수돗물 사용량과 절감량등을 추정하여 계산한 결과, 생활용수 25% 제한시 $1m^3$당 추가적인 지불의사 금액은 약 534원으로 추정된다. 지불의사가 기대했던 것보다 낮은 이유는 소비자가 그 정도의 가뭄을 경험하지 못한데서 오는 조세저항으로 여겨진다. 그러나 이 같은 결과는 가뭄을 회피하기 위해 소비자가 기꺼이 지불할 수 있는 비용은 현재의 물 값보다 훨씬 높다는 것을 의미한다. 알 수 있었다.수 없는 실제 방사선작업 환경에서의 선량평가 수행시, 본 논문에서 제시한 선량평가방법을 적용할 경우 계획된 피폭과 예상하지 못한 방사선장에 대한 피폭을 구분할 수 있어 보다 심도 있는 피폭선량평가 및 방사선관리가 가능할 것으로 판단된다.황산기(黃酸基)의 함량은 가장 적었다내고 있었고, in vivo에서는 복강(復腔)(i. p.) 투여(投與)에서는 $12.9{\sim}22.2%$. 경구(經口)(p.o.) 투여(投與)에서는 $11.2{\sim}21.6%$의 높은 활성(活性)을 나타내고 있었다. 단 peroxidase 활성(活性)은 복강(復腔)(i. p.) 투여(投與)에서는 $129.0{\sim}188.6%$, 경구(經口)(p. o.) 투여(投與)에서는 $111.4{\sim}139.6%$의 활성(活性)을 나타내고 있었다.rucic acid를 다량함유(多量含有)하고 있는 목포단교 12는 다른 두 품종(品種)에 비(比)하여 장쇄지방산에 속하는 eicoseuoic acid가 11.7%로 많이 함유(含有)되어 있었다. 그리고 3품종(品種) 모두 중성지질(中性脂質) 획분(劃分)의 지질(脂質)은 전체지방산(全體脂肪酸) 조성(組成)의 비(比)와 별다른 차이(差異)를 나타내지 않았다.수 있으나 본원에서 사용 중인 장비에서 극히 적은 MU의 사용이 현저한 선량적 오차를 유발하진 않는 것으로 사료되어진다. 그러나 정도 관리 시 그 오차를 확인하는 과정은 장비의 사용과 수명에 따라 지속적으로 관리되어져야 할 것이다.>로 평균

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