• Korea journal of population studies
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• v.26 no.2
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• pp.91-110
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• 2003

This study analyzed data from 1997 Korea's Behavioral Risk Factor Surveillance System Survey collected through telephone questionings based on the multi-stage stratified random sampling. We categorized respondents into those who had ever drunk an alcoholic beverage in the last month and those who didn't and, referring to the World Health Organization's guideline, the former group were further categorized into low risk drinking group and high risk drinking group. Employing bivariate probit regression analyses with censoring on independent variables such as preferred type of alcoholic beverage, the number of types of beverages consumed, age, marital status, education, occupation, residential area, current smoking, body mass index and stress suggested (1) that those who prefer soju are more likely to involve high risk drinking than those who and prefer the other alcoholic beverages (2) that those who are relatively older, who live without a partner, who have jobs, who. are vulnerable to stress, or who enjoy more than one type of beverage are more likely to be exposed to high risk drinking than the others.

• Korean Journal of Social Welfare
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• v.67 no.3
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• pp.281-303
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• 2015

This study examined the interdependent retirement decision between husbands and wives. Since most of retirees in Korea retired by involuntary reasons such as health problems, it purposes to test whether the involuntary retirement of husbands(wives) influences the retirement decision of wives(husbands). Using data from 4th Korean Longitudinal Study of Ageing Panel, it conducted probit and multivariate probit analysis on 1,038 dual-earner couples aged 51~76 to test interdependence of couples' retirement. The results showed that husbands who have retired wife were more likely to retire. It also proved that involuntary retirement of spouse is a significant predictor of early retirement decision, though the direction of the effect is reversed by gender. Wives were more likely to retire when husband were retired involuntarily, while husbands were more likely to stay in labor market. These findings helped to understand the retirement decision of aged couples in Korea and brought suggestion on labor market and care policies for aged couples.

• Journal of the Korean Data and Information Science Society
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• v.22 no.6
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• pp.1017-1028
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• 2011

When it is not easy to decide the credit scoring for some loan applicants, credit evaluation is postponded and reserve to ask a specialist for further evaluation of undecided applicants. This undecided inference is one of problems that happen to most statistical models including the biostatistics and sportal statistics as well as credit evaluation area. In this work, the undecided inference is regarded as a missing data mechanism under the assumption of MNAR, and use the bivariate probit model which is one of sample selection models. Two undecided inference methods are proposed: one is to make use of characteristic variables to represent the state for decided applicants, and the other is that more accurate and additional informations are collected and apply these new variables. With an illustrated example, misclassification error rates for undecided and overall applicants are obtainded and compared according to various characteristic variables, undecided intervals, and thresholds. It is found that misclassification error rates could be reduced when the undecided interval is increased and more accurate information is put to model, since more accurate situation of decided applications are reflected in the bivariate probit model.

• Journal of Environmental Policy
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• v.6 no.1
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• pp.83-109
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• 2007

This study evaluates citizen's willingness-to-pay for the benefits from improved water quality of the Taehwa river in Ulsan, Korea, using a contingent valuation method with double-bounded dichotomous choice. The estimation results of the bivariate probit model shows the amounts of willingness-to-pay are monthly 3,458.5 Korean Won per household and yearly 14,760 million Korean Won for total households in Ulsan, Korea. These estimates are equivalent to the social values of improved water quality of the Taehwa river. This study also tests the inter-dependence between two answers, which may occur in the responses of the questions for the double-bounded dichotomous choice, and all the null hypotheses on the inter-dependence are rejected in this study.

• Journal of Labour Economics
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• v.29 no.1
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• pp.129-152
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• 2006

The purpose in this study is to analyze the effect of expected public pension assets (or social security wealth) and retirement incentives on retirement behaviors of two wage earners households. For the purpose of the study, an empirical analysis was conducted. In the empirical step, it was found that the empirical results were significant for men, but not for women namely, statistically asymmetric if behaviors of two couples are interdependent. The cause for the statistically asymmetric results were then determined. The Bivariate Probit model was used for estimation in the first step and the KLIPS(Korean Labor and Income Panel Study) was used as data for estimation. According to the empirical analysis, the results showed statistically significant asymmetry for men, however not for women, in expected public pension assets and other retirement incentives, non-wage assets, age difference, spouse's health status, spouse's monthly wages per hour and aging of their spouse In this study, cause of statistically asymmetric result in asymmetric complementarities of leisure of couples were found, then explained through different methods of comparison from the most recent studies. First, spouse's cross wage elasticity of self leisure demand(retirement) was calculated and determined whether complementarities of leisure of couples is positive or negative. Then, the degree of complementarities of leisure was distinguished in comparison with the relative size of two cross elasticities. Thus, men have relatively strong complementarities of leisure. But for women, it may roughly cancel out due to the substitution effect and the income effect. Therefore, women have relatively weak complementarities of leisure.

• Journal of the Korean housing association
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• v.23 no.1
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• pp.55-66
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• 2012

Present study investigates on the impact of resources and characteristics of the tenure choice for divorced women in Korea. The authors utilize the micro data from the Korea Census (2% sample) provided by the National Statistical Office. The authors apply the bivariate probit model to eliminate selection bias that could incur due to sample selectivity, from a chain of marital disruption and tenure choices. This study starts with a descriptive explanation of homeownership after divorce from 1985 to 2005. It concluded that divorce results in a substantial attrition of homeownership. The authors found that out for many women, divorce initiates a process of downward mobility on the housing ladder. The probability to own housing is much lower for divorced women than for women who are not divorced. The present study concludes by suggesting some policy implications for divorced women who have limited access to housing stability. The authors also suggest some future studies that can compensate the empirical limitations of the present study.

• Land and Housing Review
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• v.13 no.3
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• pp.39-55
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• 2022

In this study, we investigate the interrelationship between housing tenure and childbirth by exploiting the correlation probability effect method that accounts for household heterogeneity. Using the newlywed household panel from 2011 to 2022, we find that home ownership has a positive impact on childbirth in newlyweds. Specifically, newlywed households with housing tenure show a 6.2%p higher birth rate and a 5.7%p higher second childbirth than newlywed households living in rented houses. For the case of first childbirth, we employ the probability effect probit model since the endogeneity was not detected between housing tenure and birth rate. We document the differential effects of housing tenure on childbirth in that the first childbirth rate is higher for households without housing tenures. The negative effects on first childbirth could be attributed to the economic burden due to initial housing ownership, while housing tenure could eventually provide housing stability, leading to positive effects on more than one childbirth. Finally, we identify that households with childbirth over the last year show a 4.2%p and 3.9%p lower probabilities of housing tenure in the total sample and second childbirth sample, respectively. This suggests that the increased living cost due to childbirth could delay home ownership.

• Environmental and Resource Economics Review
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• v.31 no.1
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• pp.1-30
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• 2022

This study is to investigate consumers' acceptance and their willingness to pay for clothes made of materials with low microplastic emissions as an alternative to synthetic fibers made of plastics by applying the contingent valuation method. A nationwide web-based survey was conducted for 1,052 respondents proportional to region, age, and gender during February 2021. More than 75% of the sample expressed intentions to purchase microplastic emission-reducing clothing instead of synthetic fiber clothing, and more than 80% of them have stated their willingness to pay for additional prices. A variation of Heckman's sample selection model was adopted to estimate factors affecting respondents' intentions to pay for additional prices, in which the probit model of intentions to purchase the clothing with alternative materials was used as a sample selection equation. While respondents were sensitive to the amounts of price increases suggested in the CV scenario, they expressed high acceptance and preferences for eco-friendly materials regardless of the microplastic emission-reducing levels. Consumers in the circular economy were willing to pay for the range of 41,000 to 51,000 won for a pair of clothing made with microplastic emission-reducing materials. In addition, as the microplastic emission-reducing rate has increased from 50% to 80%, the willingness to pay estimates were also significantly increased, ranging from 41,000~50,500 to 42,000~51,700 won.

• Journal of the Korea Academia-Industrial cooperation Society
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• v.21 no.11
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• pp.264-272
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• 2020

In this study, for the people who turned or returned to farming (the "Returnees"), information provision measures were sought, focusing on "farmland," for their difficulties in the settlement phase and finding a way for their new agricultural companies to settle in the farming business stably. For this purpose, this study considered endogeneity using a bivariate probit model. According to the results of the study, first, there is a strong positive correlation between the difficulty of securing farmland and the demand for providing farmland information in the settlement phase. Therefore, to ensure the stable settlement of the Returnees, it is necessary to actively respond to their demand through the provision of farmland information. Second, for young returnees, the probability of encountering difficulties in securing farmland is high during the settlement phase. Third, if the young returnees returned to farming after seeing the possibility of agricultural development, the possibility of securing farmland in the settlement stage decreases, and although there was no statistical significance, the demand for farmland information also decreases. Fourth, it was found that if the returnees intend to expand the scale of farming in the future, it is difficult to secure farmland in the settlement phase, and the demand for farmland information also increases.

• Journal of Korean Society of Forest Science
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• v.88 no.3
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• pp.400-407
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• 1999

The purpose of thin paper is to test difference of the two question formats, open-ended and dichotomous choice formats, in the contingent valuation method using the estimated recreational benefits. The data were collected from the visitors at the Songnisan National Park. The recreational benefit based on the equivalent variation. The two question formats, but the same content, were asked of the same individuals. In this analysis, it was used travel cost and monthly income as the exogenous variables, which assumed a linear functional form for the WTP equation. The model assumed a bivariate normal distribution on the basis of the probit and tobit model concerning the censored zero WTP. The result showed no differences in the recreational benefits from the different question formats under a same respondent. The mean benefit was estimated 25.556 Won per 5 years per visitors.