• Title/Summary/Keyword: 선형회귀 분석

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A Financial Comparison of Corporate Research & Development (R&D) Determinants: The United States and The Republic of Korea (한국과 미국 자본시장에서의 연구개발비 비중에 관한 재무적 결정요인 분석)

  • Kim, Hanjoon
    • Journal of the Korea Academia-Industrial cooperation Society
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    • v.19 no.7
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    • pp.174-182
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    • 2018
  • Given the ongoing debate in many aspects of finance, more attention may need to focus on corporate R&D expenditures. This study empirically tests financial determinants of R&D expenditures for NYSE-listed and KOSPI-listed firms. Three major hypotheses were postulated to test for corporate R&D outlay. First, proposed variables such as one-year lagged R&D expenditures, market value based leverage, profitability and cash holdings showed significant influence on corporate R&D costs for the sample firms. Moreover, financial factors inclusive of squared one-year lagged R&D expenditures, the interaction effect between one-lagged R&D expenditures and high-growth firm, non-debt tax shield, Tobin's q and a dummy variable to explain differences in accounting treatment between the U.S. and Korea, revealed significant differences between the two samples. Finally, in the conditional quantile regression (CQR) analysis for the R&D-related variables in relation to corporate growth rate, it was found that the NYSE-listed firms had a statistically significant linkage between growth potential and one-year lagged R&D expenditures at lower quantile levels. This study may shed new light on identifying financial factors affecting differences between the U.S. market (as an advanced market) and the Korean market (as an emerging market) regarding the optimal level of R&D investments for shareholders.

The scale dependent effect of hydraulic conductivity and longitudinal dispersivity in the alluvial aquifer with high permeability (고투수성 충적층에서 수리전도도와 종분산지수의 규모종속효과)

  • Kang, Dong-Hwan;Kim, Tae-Yeong;Kim, Sung-Soo;Kim, Dong-Soo
    • Proceedings of the Korea Water Resources Association Conference
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    • 2008.05a
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    • pp.1899-1903
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    • 2008
  • 대수층의 저유량이 풍부한 강변여과수 개발 예정지역의 충적층(지표면하 $25{\sim}35\;m$ 구간)에서 수리전도도와 종분산지수의 규모종속효과를 규명하기 위해 양수시험과 수렴흐름 추적자시험이 수행 되었다. 양수시험과 추적자시험의 규모는 2 m 와 5 m 이었으며 양수시험은 5개 공, 추적자시험은 3개 공을 이용하여 수행되었다. 양수시험은 일정한 양수율($2,500\;m^3/day$)로 수행되었으며, 양수 시작 후 경과시간에 따른 수위변화 자료를 AQTESOLV 3.5 프로그램에 입력하여 해석하였다. 시험 대수층의 수리전도도는 양수정에서 $1.745{\times}10^{-3}\;m/sec$, 양수정에서 이격거리가 2 m 구간에서는 $2.161{\times}10^{-3}\;m/sec$$2.270{\times}10^{-3}\;m/sec$ 이었으며, 이격거리가 5 m 구간에서는 $2.452{\times}10^{-3}\;m/sec$$2.591{\time}10^{-3}m/sec$로 산정되었다. 그리고, 양수정에서 회복시험 시 Theis(Recovery) 방법에 의해 해석된 수리전도도는 $1.603{\times}10^{-3}\;m/sec$이었다. 양수정에서 관측정의 이격거리(d)에 따른 수리전도도(K) 증가함수는 log K=0.0693 log d-2.671와 log K=0.0817 log d-2.655로 추정되었으며, 결정 계수는 각각 0.965와 0.979로서 매우 높게 나타났다. 따라서 양수정에서의 이격거리가 멀수록 수리전도도가 증가하는 규모종속을 확인하였으며, 또한 시험대수층의 수리전도도가 방사상으로 유사하게 분포하고 있음을 알 수 있었다. 수렴흐름 추적자시험의 양수율은 $2,500\;m^3/day$ 이었으며, 2개의 주입정에 염소이온 5 kg을 순간 주입하였다. 염소이온의 농도이력곡선을 작성하여 초기도달시간과 최고농도의 차이를 분석하였으며, 누적질량회수곡선을 통해 양수 후 경과시간에 따른 염소이온의 질량회수율을 분석하였다. 그리고, 염소이온농도 대 누적질량회수율의 이력그래프를 작성하여 누적질량회수율에 따른 염소이온농도의 증가와 감소 변화를 분석하였다. 또한, 염소이온농도의 증가/감소 구간에 대한 선형회귀분석을 수행하여 농도 증가율과 감소율의 변화를 파악하였다. 양수정에서 관측된 경과시간별 염소이온농도 자료를 CATTI 코드의 "Converging Radial Flow With Instantaneous Injection" 해석법에 적용하여 종분산지수를 추정하였다. 양수정에서 이격거리가 2 m인 경우의 종분산지수는 0.4152 m, 이격거리가 5 m인 경우의 종분산지수는 3.2665 m이었다. 따라서 양수정에서 이격거리가 멀수록 종분산지수가 증가하는 규모종속효과를 확인하였으며, 또한 이격거리에 대한 종분산지수의 비는 각각 0.21과 0.65 정도로서 증가하였다.

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Development of Line Density Index for the Quantification of Oceanic Thermal Fronts (해양의 수온전선 정량화를 위한 선밀도 지수 개발)

  • Cho, Hyun-Woo;Kim, Kye-Hyun
    • Journal of the Korean Association of Geographic Information Studies
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    • v.9 no.2
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    • pp.227-238
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    • 2006
  • Line density index(LDI) was developed to quantify a densely isothermal line rate as standard index in the ocean environment. Theoretical background on the LDI development process restricting index range 0 to 100 was described. And validation test was done for the LDI application condition that total line length is not greater than 1/10 of unit area. NOAA SST(Sea Surface Temperature) data were used for the experimental application of LDI in the South Sea of Korea. Using GIS, $0.1^{\circ}C$ isothermal lines were linearized as vector data form SST raster data, and unit area were built as polygon data. For the LDI calculation, spatial overlapping(line in polygon) was implemented. To analyze the effect of unit area size for the LDI distribution, two cases of unit area size were designed and descriptive statistics was calculated including performing normality test. The results showed no change of LDI's essential characteristics such as mean and normality except for the range of value, variance and standard deviation. Accordingly, it was found that complex structure of thermal front and even smaller scale of front width than unit area size could influence on the LDI distribution. Also, correlation analysis performed between LDI and difference of temperature(${\Delta}T^{\circ}C$), and horizontal thermal gradient(${\Delta}T^{\circ}C/km$) on the front was obtained from linear regression model. This obtained value was compared with the results from previous researches. Newly developed LDI can be used to compare the thermal front regions changing spatio-temporally in the ocean environment using absolute index value. It is considered to be significant to analyze the relationship between thermal front and marine environment or front and marine organisms in a quantitative approach described in this study.

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An Analysis of Vocational High School Students Preference for Science and Its Causal Factors (실업계 고등학생의 과학선호도와 인과요인 분석)

  • Im, Sung-Min
    • Journal of The Korean Association For Science Education
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    • v.22 no.4
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    • pp.892-905
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    • 2002
  • There are an increasing emphasis on affective domain, for example interest or belief, in science education. But decreasing interest on learning science and tendency to avoid science-related job are serious problems of secondary science education, especially in case of vocational high school students. However there are few researches for vocational high school students. In this study, preference for science is assumed to be a multidimensional property that reveals ones' behavioral volition and valuation as well as emotional response upon learning science. To investigate vocational high school students' preference for science and its causal factors, a Likert style questionnaire was developed through factor analysis. Students' preference for science was analyzed by 3 categories, and its causal factors are investigated by path analysis using structural equation model.

The Scale-Dependent Dispersion Through Convergent Flow Tracer Tests in Alluvial Aquifer with High Permeability at the Ttaan isle, Gimhae City (김해 딴섬의 고투수성 충적층에서 수렴흐름 추적자시험에 의한 규모종속 수리분산 연구)

  • Kang, Dong-Hwan;Shim, Byoung-Ohan;Kwon, Byung-Hyuk;Kim, Il-Kyu
    • Journal of Soil and Groundwater Environment
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    • v.12 no.6
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    • pp.17-25
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    • 2007
  • Convergent flow tracer test for 2 m (IW-1 well) and 5 m (IW-2 well) of test scale was conducted at the alluvial aquifer with high permeability and storativity. Pumping rate for convergent flow tracer test were $2,500m^3/day$, and the chloride tracer of 5 kg was instantaneously injected into IW-1 and IW-2 wells. Differences of first arrival time and peak concentration were analyzed by using the concentration breakthrough curves of chloride. Recovered chloride mass were analyzed by recovered cumulative mass curves. And, increment and decrement for chloride concentration were analyzed through chloride concentration versus recovered cumulative mass ratio graphs. Also, increment and decrement ratios of chloride concentration were estimated through linear regression analyses for increment and decrement intervals of chloride concentration. Longitudinal dispersivities were estimated by quot;Converging Radial Flow With Instantaneous Injectionquot; method using CATTI code. Longitudinal dispersivities estimated by CATTI code were 0.4152 m between pumping well and IW-1 well, and 3.2665 m between pumping well and IW-2 well. Longitudinal dispersivity was increased according to far distance from the pumping well. The longitudinal dispersivity according to distance were estimated as 0.21 between pumping well and IW-1 well, and 0.65 between pumping well and IW-2 well.

A Research on the Probabilistic Calculation Method of River Topographic Factors (하천 지형인자의 확률론적 산정 방식 연구)

  • Choo, Yeon-Moon;Ma, Yun-Han;Park, Sang-Ho;Sue, Jong-Chal;Kim, Yoon-Ku
    • Journal of the Korea Academia-Industrial cooperation Society
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    • v.21 no.10
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    • pp.509-516
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    • 2020
  • Since the 1960s, many rivers have been polluted and destroyed due to river repair projects for economic development and the covering of small rivers due to urbanization. Many studies have analyzed rivers using measured river topographic factors, but surveying is not easy when the flow rate changes rapidly, such as during a flood. In addition, the previous research has been mainly about the cross section of a river, so information on the longitudinal profile is insufficient. This research used informational entropy theory to obtain an equation that can calculate the average river slope, river slope, and river longitudinal elevation for a river basin in real time. The applicability was analyzed through comparison with measured data of a river's characteristic factors obtained from a river plan. The parameters were calculated using informational entropy theory, nonlinear regression analysis, and actual data. The longitudinal elevation entropy equation for each stream was then calculated, and so was the average river slope. All of the values were over 0.96, so it seems that reliable results can be obtained when calculating river characteristic factors.

An Empirical Study on Ssuccessful Crowdfunding (크라우드펀딩 성공을 위한 실증분석)

  • Choi, Sukwoong;Lee, Doo Yeon;Kim, Wonjoon;Kang, Jae Won
    • Asia-Pacific Journal of Business Venturing and Entrepreneurship
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    • v.12 no.2
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    • pp.55-63
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    • 2017
  • Crowdfunding recently receives a great deal of attentions as an alternative finance for small and medium-sized enterprises or business ventures that suffer from financial constraints. Crowdfunding is a new form of platform that enables a large number of people to invest a small amount of money for promising new business items directly. We analyzed the effect of type, period, method of projects on crowdfunding outcomes. We measure the outcome in terms of the ratio of the collected to the target amount. We collected data from three Korean crowdfunding platform companies, and the data consisted of 239 projects from 2012 to 2014. We use both logit and ordinary least square method for evaluation. Generally, the amount of target itself has no effect on the outcome. Equity crowdfunding shows higher success rate and better outcome than rewards crowdfunding. All or Nothing method leads to the higher ratio of the collected to the target amount than Keep It All. There is an inverted U-shape between the number of investors and the ratio of the collected to the target amount. Finally, the ratio of the collected to the target amount is decreasing in a crowdfunding period.

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Effect of self-efficacy of middle-aged and elderly on the intention to use digital health devices: focusing on the difference between middle-aged and elderly (중고령자의 자기효능감이 디지털헬스기기 이용의도에 미치는 영향: 중장년층과 노년층 세대의 비교를 중심으로)

  • Shin, Hye-Ri;Kim, Su-Kyoung;Kim, Young-Sun
    • Journal of Digital Convergence
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    • v.18 no.10
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    • pp.13-22
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    • 2020
  • The purpose of this study was to investigate the relationship between the self-efficacy and intention to use for digital health devices by middle-aged and aged groups. We conducted the frequency analysis, T-test analysis, and linear regression analysis using the 2019 Korean Senior Technology Acceptance Survey. The analysis results are as follows. First, the group of the middle-aged had higher score of the intention to use for digital health devices than the group of the elderly. Second, the group of the middle-aged group also had higher self-efficacy than the group of the elderly. Lastly, it was found that the relationship between the self-efficacy and intention to use was not significant in the middle-aged group. However, the relationship between the self-efficacy and intention to use in the elderly group had a positive influence. We suggested that the differentiated strategy is needed to promote the utilization of digital health devices for middle-aged and aged. This study is expected to be a fundamental study of digital health devices and suggest the research model including the usefulness, ease of use, and anxiety.

Application of Geostatistical Methods to Groundwater Flow Analysis in a Heterogeneous Anisotropic Aquifer (불균질.이방성 대수층의 지하수 유동분석에 지구통계기법의 응용)

  • 정상용;유인걸;윤명재;권해우;허선희
    • The Journal of Engineering Geology
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    • v.9 no.2
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    • pp.147-159
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    • 1999
  • Geostatistical methods were used for the groundwater flow analysis in a heterogeneous anisotropic aquifer. This study area is located at Sonbul-myeon in Hampyong-gun of Cheonnam Province which is a hydrogeological project area of KORES(Korea Resources Cooperation). Linear regression analysis shows that the topographic elevation and groundwater level of this area have very high correlation. Groundwater-level contour maps produced by ordinary kriging and cokringing have large differences in mountain areas, but small differences in hill and plain areas near the West Sea. Comparing two maps on the basis of an elevation contour map, a groundwater-level contour map using cokriging is more accurate. Analyzing the groundwater flow on two groundwater-level contour maps, the groundwater of study area flows from the high mountain areas to the plain areas near the West Sea. To verify the enffectiveness of geostatistical methods for the groundwater flow analysis in a heterogeneous anisotropic aquifer, the flow directions of groundwater were measured at two groundwater boreholes by a groundwater flowmeter system(model 200 $GeoFlo^{R}$). The measured flow directions of groundwater almost accord with those estimated on two groundwater-level contour maps produced by geostatistical methods.

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Convergence Study on Relationship between Workplace Violence and Mental Health for Subway Workers (지하철 근로자의 직장 내 폭력과 정신건강과의 관련성에 대한 융복합 연구)

  • Choi, Suk-Kyong
    • Journal of Digital Convergence
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    • v.14 no.11
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    • pp.379-388
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    • 2016
  • This study was aimed at identifying the actual state of workplace violence based on a survey conducted to 876 subway workers in Seoul and determining the relationship between workplace violence and mental health of workers. Data were collected via web site, using a structured questionnaire and for the analysis of the data, a multiple linear regression analysis was carried out by the statistical program SPSS 20.0. According to the results, the perpetrators of violence turned out to be "passengers" in all types of workplace violence: physical violence, verbal violence, sexual harassment and disregard for personality. As for the relationship between workplace violence and the mental health of the workers, statistically significant differences were shown between all the above mentioned workplace violence types and sub-areas of mental health. Also, as for the impact of workplace violence on the mental health of the workers, significant differences were found in physical violence, sexual harassment and disregard for personality, with 8.3 percent of explanatory power. Based on these findings, the study suggests the establishment and the application of customer interaction guidelines to protect subway workers from workplace violence along with specific measures customized for each work environment to prevent violence.