• Title/Summary/Keyword: 인과성분석

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Does the Business Survey Index of the Federation of Korean Industries at the Service Industry Lead the domestic stock market ? (서비스 산업에서 전경련 BSI지수는 주식시장을 예측할 수 있는가?)

  • Kim, Joo Il;Kim, Byoung ryul
    • Journal of Service Research and Studies
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    • v.6 no.3
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    • pp.41-54
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    • 2016
  • We examine the information transmission between the business survey index(BSI) based on the returns data offered by Federation of Korean Industries and KOSPI Index based on the returns data offered by Korea Bank. The data includes monthly return data from January 1998 to September 2015. The results of the analysis are as follows. Firstly, results of Granger Causality test suggests the existence of mutual causality KOSPI Index precede and have explanatory power BSI. Secondly, the results of impulse response function suggest that BSI Index show immediate response to KOSPI Index and are influenced by till time 4 From time 2 the impact gradually disappears. Also KOSPI Index show immediate response to BSI and are influenced by till time 4 From time 2 the impact gradually disappears. Lastly, the variance decomposition analysis showed a high influence of the KOSPI Index on the BSI and significant influence of the BSI on the KOSPI Index. This implies that returns on the KOSPI Index have a significant influence over returns on the BSI. The study is a further extension of existing studies on information transmission mechanism between the BSI and KOSPI. Finally, our results can be used as a guide by the Korea Bank and Republic of Korea and as well as Federation of Korean Industries.

Visitors Satisfaction and Behavioral Intention of Local Historical Culture Festival (지역역사문화축제 방문객 만족도와 행동의도)

  • Choi, Cheol-Su
    • Journal of Digital Convergence
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    • v.18 no.6
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    • pp.209-215
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    • 2020
  • The purpose of this study was to investigate the factors that the festival image has on the festival satisfaction of visitors, and the effect of festival satisfaction has on the degree of visitors' behavior. In order to accomplish this research purpose, this study collected data of 233 visitors. Regression analysis was conducted in order to achieve the causal relationship between each variables. The result of data analysis revealed that the factors of festival image suitability, convenience, and entertainment had a positive (+) effect on satisfaction. And, satisfaction was verified to have a positive effect on behavioral intention. Therefore, these results implied that this study will contribute to the revitalization of festivals by both discovering images based on unique historical characteristics and presenting them as utilization plans. Especially, it is necessary to find unique contents with history, representative programs by age, and stories related to historical figures. Further validation studies are necessary to ascertain this fact utilizing the image value factors that have negative influences.

Accessibility Analysis of Mobile Applications for Open Platforms (개방 플랫폼용 모바일 애플리케이션 접근성 분석)

  • Moon, Hyun Ju;Min, Hong Ki;Kim, Sukil
    • Journal of rehabilitation welfare engineering & assistive technology
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    • v.11 no.2
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    • pp.187-198
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    • 2017
  • In this study, we analyzed the accessibility of open platform Android mobile banking applications, based on Korean mobile application accessibility KS standard, Section 508 technical standard of Rehabilitation Act, and European BBC guidelines. Experimental result showed that there are no mobile banking applications of 8 commercial banks in Korea that satisfy all guidelines of three standards. Typical violations included missing alternative text, keyboard focus violations, control size and spacing non-compliance, and low contrast ratio. These violations are fatal in that they make the accessibility of the blind, the disabled and the low vision and the elderly impossible. The reason that mobile banking applications do not comply with accessibility is that mobile application developers and providers have low awareness of accessibility and do not know how to implement accessibility properly. Comparing Korea mobile application accessibility guidelines with the revised standard of the Section 508 of Rehabilitation Act and the BBC standard, many guidelines are missing. Also, evaluation criteria are ambiguous and abstract, making it difficult for developers to refer specifically. Therefore, improving mobile application accessibility requires developer and government efforts and complementation of standards.

산업의 주식시장 선행성에 관한 소고(小考)

  • Kim, Jong-Gwon
    • Proceedings of the Safety Management and Science Conference
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    • 2007.04a
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    • pp.471-476
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    • 2007
  • 본 논문의 목적은 과거의 산업 포트폴리오 수익률이 확률추세로부터 어떻게 전체 주식시장과 두 가지 거시경제 변수인 경기동행지수와 산업생산 등을 예측할 수 있는 지를 알아보는 데에 있다. 이를 위하여 본 연구에서는 연구모형을 설정한 후 세 가지 검정절차를 제시하고 이를 실증적으로 분석하였다. 당월의 전체 주식시장 수익률은 과거의 시차를 지닌 특정 산업부문 포트폴리오 수익률에 대하여 양(+)의 상관관계를 유지하고 있다는 '예측 1'과 전체 주식시장의 수익률은 특정 산업부문의 수익률에 대하여 선행성을 지닐 수 없다는 '예측 2'에 대한 검정 결과는 '예측 1'과 '예측 2'가 지지되고 있음을 파악할 수 있었다. 그리고 산업별 포트폴리오 수익률과 거시경제변수 간의 높은 상관관계를 토대로 하여 전체주식시장 수익률 예측을 가능하게 하는 업종 정보의 점진적 확산 현상이 발생하게 되는가를 검토하기 위하여 각 산업들의 포트폴리오 수익률과 전체 주식시장 수익률이 VAR모형을 토대로 볼 경우 Granger 인과관계를 갖고 있는 지를 분석하였다. 분석결과 21개 업종은 각 산업별 포트폴리오 수익률이 전체 주식시장 수익률을 5% 수준에서 통계적으로 유의한 영향을 주고 있음을 알 수 있었다. 이들 21개의 산업별 포트폴리오 수익률은 경제적으로도 중요한 의미를 지니고 있어 산업제품의 가격 상승과 하락이 경제에 미치는 영향을 파악할 수 있다. 특히 음료 업종에서 전체 주식시장 수익률과 상호간의 인과성을 나타내었으며, 인터넷과 화장품 업종에서는 전체 주식시장 수익률이 이들 업종에 대하여 일방적인 영향을 보이고 있음을 알 수 있었다.>$mgN\;{\cdot}\;L^{-1}$ 및 0.000-0.804 $mgN\;{\cdot}\;L^{-1}$이였다. 규소농도는 0.0-6.2 $mgSi\;{\cdot}\;L^{-1}$의 범위로 3-5월에 매우 낮았으며, 계절적인 변화가 뚜렷히 나타났다. 저질의 입자는 0-125인 silt및 coarse silt로 이루어져 있으며, COD는 51.4-116.9 $mgO_2\;{\cdot}\;gdw^{-1}$로 평균 93.0 $mgO_2\;{\cdot}\;gdw^{-1}$ 이였다. 저질내의 TP및 TN의 농도는 각각 0.04-1.46 $mgP\;{\cdot}\;gdw^{-1}$ 및 0.12-1.03 $mgN\;{\cdot}\;gdw^{-1}$이었다. 표층의 엽록소 a의 정점별 평균값은 정점 1, 2 및 3에서 각각 15.6, 15.2 및 16.0 $mg\;{\cdot}\;m^{-3}$으로 유사하였다. 식물플랑크톤은 총 49종이 출현하였으며, 생물량은 50-23, 350 cells ${\cdot}\;mL^{-1}$로 2001년 9월에 가장 많았다. 이 시기의 우점종은 녹조류인 Schroederia judayi이였으며, 생물량은 20,417 cells ${\cdot}\;mL^{-1}$이였다. 송지호의 수질을 개선하기 위해서는 인위적으로 화학성층을 파괴시켜 심충에 용존산소를 공급시켜야 할 것으로 판단되며, 모래톱으로 인해 막혀져 있는 해수

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Interdependence of Corporate Control Mechanisms and Firm Performance in Korea (기업지배구조의 상호관계 및 기업성과에 관한 연구)

  • Cho, Sungbin
    • KDI Journal of Economic Policy
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    • v.28 no.2
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    • pp.131-177
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    • 2006
  • This paper examines a simultaneous determination of corporate control mechanisms, and its effects on firm performance. The corporate control mechanisms considered include the following; insider shareholding, institutional shareholding, the board of directors, dividend policy, and capital structure. This paper applies a simultaneous equation methodology and investigates the interdependence among the corporate control mechanisms. In the first part, the paper finds that firm-level variations of control mechanisms are large across time although average variations are relatively small. These variations are related to one another, which is confirmed by Granger causality test based on dynamic panel autoregression model. More specifically insider shareholding, institutional shareholding and outside director ratio cause each other. With regard to interdependence among the control mechanisms, 2SLS(two stage least squares) regression results show that insider shareholding and institutional shareholding are substitutes while institutional shareholding acts as complements to the ratio of outside members in the board of directors. Then in the second part, the paper examines the relationship between firm performance and corporate governance. Firm performance, measured by Tobin's Q, has a positive association with leverage ratio while that has a negative relation to outside director ratio. This suggests that there may be a room for reforming corporate governance in Korea. Specifically it is necessary to enhance the independence of the outside directors.

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Probabilistic assessment of causal relationship between drought and water quality management in the Nakdong River basin using the Bayesian network model (베이지안 네트워크 모형을 이용한 낙동강 유역의 가뭄과 수질관리의 인과관계에 대한 확률론적 평가)

  • Yoo, Jiyoung;Ryu, Jae-Hee;Lee, Joo-Heon;Kim, Tae-Woong
    • Journal of Korea Water Resources Association
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    • v.54 no.10
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    • pp.769-777
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    • 2021
  • This study investigated the change of the achievement rate of the target water quality conditioned on the occurrence of severe drought, to assess the effects of meteorological drought on the water quality management in the Nakdong River basin. Using three drought indices with difference time scales such as 30-, 60-, 90-day, i.e., SPI30, SPI60, SPI90, and three water quality indicators such as biochemical oxygen demand (BOD), total organic carbon (TOC), and total phosphorus (T-P), we first analyzed the relationship between severe drought occurrence water quality change in mid-sized watersheds, and identified the watersheds in which water quality was highly affected by severe drought. The Bayesian network models were constructed for the watersheds to probabilistically assess the relationship between severe drought and water quality management. Among 22 mid-sized watersheds in the Nakdong River basin, four watersheds, such as #2005, #2018, #2021, and #2022, had high environmental vulnerability to severe drought. In addition, severe drought affected spring and fall water quality in the watershed #2021, summer water quality in the #2005, and winter water quality in the #2022. The causal relationship between drought and water quality management is usufaul in proactive drought management.

The Effects of Failed Services on Customer's Negative Emotions and Behavior in the Restaurant Business (레스토랑 서비스 실패가 고객의 부정적 감정과 행동에 미치는 영향 연구)

  • Kim, Young-Hun
    • Culinary science and hospitality research
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    • v.15 no.2
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    • pp.136-149
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    • 2009
  • The purpose of this paper is to explore the types of failed service and its effect on customer's negative emotions in the restaurant business and their influence on customer's behavior. The study examines the restaurant attributes of failed service in order to determine which variables have the greatest impact on customer's negative emotions and behaviors. To accomplish the purpose of this study, a casual model is developed - which analyzes the main antecedents, moderators and consequences of failed service in the restaurant business. The findings of this study are as follows. 4 types of failed services are found: lack of tangibles, doubt of reliability, unresponsiveness, no expressed empathy. They have an effect on customer's negative emotions(regret and disappointment). And the customer's negative emotions brings out negative behaviors(bad actions, switching brand, protest, negative word of mouth). Customer's regret causes bad actions and switching brand, and customer's disappointment caused switching brand and bad information by word of mouth.

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Effect of Physical Security Level of Companies with National Core Technology on Security Performance and Work Efficiency (국가핵심기술을 보유한 기업의 물리보안수준이 보안성과와 업무효율성에 미치는 영향)

  • Ye-Jin Jang;Jeong-Il Choi
    • Convergence Security Journal
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    • v.22 no.5
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    • pp.81-87
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    • 2022
  • The purpose of this paper is to take a look the effect of the physical security level of companies possessing national core technology on security performance and work efficiency. To this end, a survey was set out for about 200 security officers for a month. In the survey, the independent variable was physical security level, the parameter was security performance, and the dependent variable was work efficiency. Reliability analysis, validity analysis, discriminant validity analysis, etc. were analyzed for causality through SPSS. As a result, "Physical Security Level ⇒ Security Performance, Security Performance ⇒ Work Efficiency" was adopted, but "Physical Security Level ⇒ Work Efficiency" was rejected. Therefore, it was found that the physical security level affects work efficiency through security performance, which is a parameter. However, it was found that the physical security level did not directly affect work efficiency. In order to improve work efficiency in the future, improving security performance should be a priority.

An Empirical Study on Performance and Implementation of Global Out Sourcing in Korean Export-Importing Companies (글로벌 아웃소싱의 전개와 성과에 관한 연구)

  • Kim, Chang-Bong;Park, Wan-Soo
    • International Commerce and Information Review
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    • v.14 no.4
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    • pp.153-174
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    • 2012
  • The purpose of this study is to analyse factors affecting performance of Global Outsourcing of the Korean Export-Importing Companies. This study aims to confirm the cause and effect relationship between independent variables; Organization Competency, Flexibility, Information Sharing and Partnership and dependent variable; the performance of Global Outsourcing. Also, another objective of this study is to discover affecting levels for the performance and activation factors of global outsourcing and to contribute to diffusion of global sourcing. This paper examined the concept and features of global sourcing and the present situation of global outsourcing at the level of domestic and overseas. From precedent studies that based on empirical studies about the transaction theory and the resource-based theory, we have derived a model with hypothesis and scale items then we conducted a survey of the Korean Export-Importing companies and empirically analysed the data. Before hypothesis testing, we conducted a basic information analysis in order to discover implication level of Global Soucring and also did reliability analysis and exploratory factor analysis using SPSS 18.0. Finally, the four hypothesis for the performance of Global Sourcing were tested with a regression model.

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Longitudinal Study on the Equity of National Health Insurance Contribution of the self-employed (건강보험 지역가입자의 보험료 부담 형평성 종단분석)

  • Rhee, Okjin;Moon, Yongpil;Park, Hyunshik
    • Korean Journal of Social Welfare Studies
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    • v.47 no.4
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    • pp.309-332
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    • 2016
  • This research attempts to calculate the vertical equity of National Health Insurance Contribution of locally provided policy holders by abilities to pay. Also, this longitudinal study examined the influence of abilities to pay and demographic characteristics on the health insurance premium. Using data from the Korea Welfare Panel Study, this study followed the self-employed households who continued to participate in the survey from 2011 to 2015. Kakwani's index of progressivity was measured as a measure of vertical equity and panel regression analysis was conducted by STATA program. The results of this research are as follows. First, from 2011 to 2015, the values of kakwani's index were negative according to composite income, which meant some levels of regressiveness of contribution. Secondly, panel regression analysis showed that the lowest household of composite income had a significantly negative effect on premiums, which also meant regressiveness. Based on the results, the author suggested political discussions on reorganizing the system of imposing the National Health Insurance contribution.