• Title/Summary/Keyword: Double-hurdle model

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A Study on Purchasing Agricultural Products of Re-visitors In Traditional Market Using Double Hurdle Model (더블허들 모형을 이용한 전통시장 재방문객의 농산물 구입결정 요인에 관한 연구)

  • Yi, Hyangmi
    • Journal of Korean Society of Rural Planning
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    • v.21 no.2
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    • pp.137-147
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    • 2015
  • In this study, consumers who have experience of visiting Jeongsun Arirang Market has been selected as samples to understand the characteristics of agricultural products purchase. For this, double hurdle model was used in order to resolve sample selection problem and obtain consistent estimator. The key points are the following. First, as the age increases(up to 59.8 years), chances of purchasing the products at traditional market increase as income increases. Second, when the residence area is outside of Gangwon-province, the purchase amount of the products increased compared to those from visitors within the Gangwon province. Also, visitors who use public transportations purchase less products compared to those who use their own car. Third, probability of agricultural products increase as the visitors consider positive effect the product purchase leads to the local farmers. Fourth, if the visitors consider the quality of the agricultural products, probability of purchasing agricultural product at the site increases. However, if the visitors consider the freshness of the agricultural products, the purchase amount rather drops. Fifth, the probability of purchase increases as visitors consider the brand of traditional market.

Demand Analysis of Quality Certificated Fisheries Products using Double Hurdle Model (더블허들모형에 의한 품질인증 수산물 수요분석)

  • 백진이;이승래;조재환
    • The Journal of Fisheries Business Administration
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    • v.34 no.2
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    • pp.131-139
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    • 2003
  • The products of the quality certificated fisheries which are protected from environmental pollution, decomposition are hygienically safe and convenient for food. However, consumers have not yet understood the recognition of the system of quality certfication so far because of lack of demand on the quality certification fisheries. Above all, to put the system of the quality QC in place sucessfully, to understand the variation of consumer's inclination efficiently, the empirical study must be carried out by both consumer's take part in the market of the quality certificated fisheries products and how much the amount of consumption is in this market. The purpose of this study, under the preconditions where these have limited fisheries items in consumer's inclination survey, is to analyze the demand of QC though the Double Hurdle Model. Explanatory variables included were household characteristics such as housewives' age and education, her job, household income as well as their health perceptions and food purchase behaviors. Survey from 530 household was collected in Pusan City in 2003, of 502 were actually used for empirical analysis. The Double-hurdle framework proved to a better representation of the factors influencing the separate decision participation and consumption levels. According to the results of this study, whether or not, participating In the market of quality certicipating in the market of qualify certificated fisheries products is affected by how much experience and confidence these have got. housewives' having a job or not. Furthermore, the amount of consumption is mostly affected income. This value is attributed to the safety of QC fisheries products in comparison with regular fisheries. Findings suggest that the consumers put substantially high monetary value on safe food, such as high quality fisheries products. Therefore, first of all, legal and institutional systems should be clearly and strictly identified for the QC products.

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A Study on the Determinants of Smoking Demand of College Students

  • Lee, Seung-gil
    • International journal of advanced smart convergence
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    • v.11 no.3
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    • pp.162-169
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    • 2022
  • The purpose of this study is to estimate the determinants of the smoking demands of university students. For this study, a total of four four-year universities and two-year colleges in Seoul and provincial areas were surveyed. The model for analyzing the demand for smoking was applied with a double hurdle model, and determinants to participate in smoking in the first stage and the amount of smoking in the second stage were analyzed. According to the analysis results, the determinants to participate in smoking as a first stage are gender, grade, college type, major category, and parents' income, which have a statistically significant effect, and the analysis of the amount of smoking as a second has been analyzed as the variables that influence gender, grade, college location, major, parents' income type and income amount.

Urban Households' Purchase and Expenditure Decision Factors of Alcoholic Beverages (주류에 대한 도시가계의 구매결정과 지출결정요인)

  • 허은정
    • Journal of the Korean Home Economics Association
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    • v.41 no.5
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    • pp.1-13
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    • 2003
  • This study examined the determinants of urban households' expenditures on alcoholic beverages, using double-hurdle models to distinguish between the decision to purchase (purchase decision) and the decision of how much to consume (expenditure decision). Data for this study were drawn from the 2000 Korean Household Income and Expenditure Survey. Households were likely to purchase alcoholic beverages with increasing of household income, tobacco expenditures, and household size. The age, sex, marital status, occupation, education level, type of house ownership, residing city were significantly related to the purchase decisions. Among those households which drink, as household income and tobacco expenditures increase, the age, sex (male), marital status (married), and education level of a household-head, house ownership, residing city (Seoul) were positively related to and the presence of young children were negatively related to the expenditure level of alcoholic beverages.

Consumer's Use of Credit as a Financing Medium : The Impact of Employment Instability (미국 소비자들의 소비자 신용 이용 분석: 고용불안정성 요인의 효과를 중심으로)

  • Baek Eunyoung
    • Journal of Family Resource Management and Policy Review
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    • v.8 no.1
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    • pp.79-100
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    • 2004
  • This study attempted to examine the employment instability on consumer's use of credit as a financing medium. The purpose of this study was 1) to examine the effect of employment related factors on consumers' use of credit; 2) to compare the results between the two different economic situations. A conceptual framework was developed based on the permanent income hypothesis, family stress theory, and the previous empirical studies. Using data on working households ih the 1992 and 1998 Survey of Consumer Finances (SCF), double-hurdle analyses were conducted. The results suggested that employment related factors that measured employment stability were significantly related to the likelihood of having an outstanding balance on their credit account but were not the influential factors in determining the amount of the outstanding balance. Among other factors, resources factor played the most significant role in determining both the likelihood of having an outstanding balance and the amount of the balance. Although the 1992 and 1998 data represent economic downturn and economic prosperous period, the effects of the factors including employment instability factors were similar between the two periods. This imply that employment instability has increased even in the economic prosperous period. From the findings, several implications for policy makers, credit industry, and financial educators were suggested.

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The Determinants of R&D and Product Innovation Pattern in High-Technology Industry and Low-Technology Industry: A Hurdle Model and Heckman Sample Selection Model Approach (고기술산업과 저기술산업의 제품혁신패턴 및 연구개발 결정요인 분석: Hurdle 모형과 Heckman 표본선택모형을 중심으로)

  • Lee, Yunha;Kang, Seung-Gyu;Park, Jaemin
    • Journal of the Korea Academia-Industrial cooperation Society
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    • v.20 no.10
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    • pp.76-91
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    • 2019
  • There have been many studies to examine the patterns in innovations reflecting industry-specific characteristics from an evolutionary economics perspective. The purpose of this study is to identify industry-specific differences in product innovation patterns and determinants of innovation performance. For this, Korean manufacturing is classified into high-tech industries and low-tech industries according to technology intensity. It is also pointed out that existing research does not reflect the decision-making process of firms' R&D implementations. In order to solve this problem, this study presents a Heckman sample selection model and a double-hurdle model as alternatives, and analyzes data from 1,637 firms in the 2014 Survey on Technology of SMEs. As a result, it was confirmed that the determinants and patterns of manufacturing in small and medium-size enterprise (SME) product innovation are significantly different between high-tech and low-tech industries. Also, through an extended empirical model, we found that there exist a sample selection bias and a hurdle-like threshold in the decision-making process. In this study, the industry-specific features and patterns of product innovation are examined from a multi-sided perspective, and it is meaningful that the decision-making process for manufacturing SMEs' R&D performance can be better understood.

Parental Borrowing for Children s College Education in the U. S. (자녀의 대학교육을 위한 미국 부모들의 학자금 대출에 관한 연구)

  • 차경욱
    • Journal of Family Resource Management and Policy Review
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    • v.6 no.1
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    • pp.73-85
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    • 2002
  • This study examined which factors influence the parental borrowing for children's college education in the U.S. A double-hurdle model was applied to analyze both the parents’decision to borrow and the amount of borrowing. Parents’income and total costs of college attendance had significant positive effects on both the decision to borrow and the amount borrowed. Students’income, parents’cash and savings had significant negative impacts on the amount borrowed, while home equity and the students’expected future income were significant positive factors. Greater amounts of grants significantly increased the probability of borrowing, but reduced the loan amount. Parents with smaller household size, and those who were college graduates were more likely to borrow. White parents borrowed greater amounts than did their non-White counterparts. The age of the student was a significant negative factor in the probability, as well as the level, of borrowing.

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