• Title/Summary/Keyword: Economic Behavior

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Motives for Writing After-Purchase Consumer Reviews in Online Stores and Classification of Online Store Shoppers (인터넷 점포에서의 구매후기 작성 동기 및 점포 고객 유형화)

  • Hong, Hee-Sook;Ryu, Sung-Min
    • Journal of Distribution Research
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    • v.17 no.3
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    • pp.25-57
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    • 2012
  • This study identified motives for writing apparel product reviews in online stores, and determined what motives increase the behavior of writing reviews. It also classified store customers based on the type of writing motives, and clarified the characteristics of internet purchase behavior and of a demographic profile. Data were collected from 252 females aged 20s' and 30s' who have experience of reading and writing reviews on online shopping. The five types of writing motives were altruistic information sharing, remedying of a grievance and vengeance, economic incentives, helping new product development, and the expression of satisfaction feelings. Among five motives, altruistic information sharing, economic incentives, and helping new product development stimulate writing reviews. Store customers who write reviews were classified into three groups based on their writing motive types: Other consumer advocates(29.8%), self-interested shoppers(40.5%) and shoppers with moderate motives(29.8%). There were significant differences among three groups in writing behavior (the frequency of writing reviews, writing intent of reviews, duration of writing reviews, and frequency of online shopping) and age. Based on results, managerial implications were suggested. Long Abstract : The purpose of present study is to identify the types of writing motives on online shopping, and to clarify the motives affecting the behavior of writing reviews. This study also classifies online shoppers based on the motive types, and identifies the characteristics of the classified groups in terms of writing behavior, frequency of online shopping, and demographics. Use and Gratification Theory was adopted in this study. Qualitative research (focus group interview) and quantitative research were used. Korean women(20 to 39 years old) who reported experience with purchasing clothing online, and reading and writing reviews were selected as samples(n=252). Most of the respondents were relatively young (20-34yrs., 86.1%,), single (61.1%), employed(61.1%) and residents living in big cities(50.9%). About 69.8% of respondents read and 40.5% write apparel reviews frequently or very frequently. 24.6% of the respondents indicated an "average" in their writing frequency. Based on the qualitative result of focus group interviews and previous studies on motives for online community activities, measurement items of motives for writing after-purchase reviews were developed. All items were used a five-point Likert scale with endpoints 1 (strongly disagree) and 5 (strongly agree). The degree of writing behavior was measured by items concerning experience of writing reviews, frequency of writing reviews, amount of writing reviews, and intention of writing reviews. A five-point scale(strongly disagree-strongly agree) was employed. SPSS 18.0 was used for exploratory factor analysis, K-means cluster analysis, one-way ANOVA(Scheffe test) and ${\chi}^2$-test. Confirmatory factor analysis and path model analysis were conducted by AMOS 18.0. By conducting principal components factor analysis (varimax rotation, extracting factors with eigenvalues above 1.0) on the measurement items, five factors were identified: Altruistic information sharing, remedying of a grievance and vengeance, economic incentives, helping new product development, and expression of satisfaction feelings(see Table 1). The measurement model including these final items was analyzed by confirmatory factor analysis. The measurement model had good fit indices(GFI=.918, AGFI=.884, RMR=.070, RMSEA=.054, TLI=.941) except for the probability value associated with the ${\chi}^2$ test(${\chi}^2$=189.078, df=109, p=.00). Convergent validities of all variables were confirmed using composite reliability. All SMC values were found to be lower than AVEs confirming discriminant validity. The path model's goodness-of-fit was greater than the recommended limits based on several indices(GFI=.905, AGFI=.872, RMR=.070, RMSEA=.052, TLI=.935; ${\chi}^2$=260.433, df=155, p=.00). Table 2 shows that motives of altruistic information sharing, economic incentives and helping new product development significantly increased the degree of writing product reviews of online shopping. In particular, the effect of altruistic information sharing and pursuit of economic incentives on the behavior of writing reviews were larger than the effect of helping new product development. As shown in table 3, online store shoppers were classified into three groups: Other consumer advocates (29.8%), self-interested shoppers (40.5%), and moderate shoppers (29.8%). There were significant differences among the three groups in the degree of writing reviews (experience of writing reviews, frequency of writing reviews, amount of writing reviews, intention of writing reviews, and duration of writing reviews, frequency of online shopping) and age. For five aspects of writing behavior, the group of other consumer advocates who is mainly comprised of 20s had higher scores than the other two groups. There were not any significant differences between self-interested group and moderate group regarding writing behavior and demographics.

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Is Carbon Neutral Policy Compatible with Sustainable Economic Growth? (탄소중립은 지속가능한 경제성장과 양립하는가?)

  • Park, Hojeong
    • Environmental and Resource Economics Review
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    • v.30 no.2
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    • pp.347-364
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    • 2021
  • Carbon neutral policy in Korea pays limited attention to the concept of sustainable economic growth. This limitation can be compared with other countries' carbon neutral policies such as US, UK and China where the climate change policies are closely connected to economic policies to boost further economic growth. This paper adopts a Ramsey growth model to account for the impact of carbon neutral policy on long-term economic growth and the accumulation capital. The model incorporates the Hartwick rule to allow sustainability of economic growth by transforming resource input into other input factor for growth. The analysis provides a possibility of low accumulation of capital as a result of carbon neutral policy in the absence of effective transformation of fossil-fuel factor into growth-related productive capital. Such low capital stock can be more aggravated when there exists a rent-seeking behavior of various interest groups with voracity to exploit social capital.

The Influence of Family Economic Deterioration caused by COVID-19 on Mental Health among Adolescents in Grandparent-headed Families (코로나19로 인한 가정경제 악화가 조손가정 청소년의 정신건강에 미치는 영향)

  • Chang, Hae-Lim;Lee, RaeHyuck
    • Journal of Digital Convergence
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    • v.20 no.4
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    • pp.651-659
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    • 2022
  • The purpose of this study is to examine the influence of family economic deterioration caused by COVID-19 on mental health among adolescents in grandparent-headed families. For the purpose, this study used raw data from the 16th Korea Youth Risk Behavior Survey constructed by the Korea Disease Control and Prevention Agency in 2020 and analyzed the influence of family economic deterioration caused by COVID-19 on anxiety, stress, depression, and suicidal ideation. The main results regarding research questions are as follows. First, 39% of 589 adolescents in grandparent-headed families experienced family economic deterioration caused by COVID-19. Also, compared with adolescents who did not experience family economic deterioration, those who experienced deterioration showed higher scores of anxiety and stress as well as higher percentages of experiencing depression and suicidal ideation. Second, regression analyses showed that family economic deterioration caused by COVID-19 positively significantly influenced anxiety, stress, depression, and suicidal ideation. Based on the analyzed results, strategies to protect the mental health of adolescents in grandparent-headed families in disaster like COVID-19 were discussed.

Topography of Religion and National, Social & Economic Movements in Chonnam Yeonggwang before and after the 1910's (1910년대 전후 전남 영광지역의 종교지형과 민족사회·경제운동)

  • Kim, Min-Young
    • The Journal of Korean-Japanese National Studies
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    • no.34
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    • pp.5-40
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    • 2018
  • This paper is to take note of national, social and economic movement, social & economic publicness of religion surrounding Yeonggwang, Joennam around 1910s. At first I would like to look at this period because regional society was in the middle of change of large transition before and after Japan's forced occupation of Korea in 1910s and March 1st Independence Movement in 1919. In particular we focus on spatially Yeonggwang in Joennam because this area is not only called as advent area of Buddhism earlier but also is unique regional culture and ideological topology where Donghak, Protestantism, Catholic, Institute of Won Buddhism and etc. Through casting light upon the above, it is expected to offer one clue for the question of internalizing value to be sought for in the national and social and economic movement by Korean religion around 1910 and public goods in the strategy and tactics to be selected and further publicness and practice lying in their awareness and behavior. In particular it is thought to have advanced the accumulation of case study of Yeonggwang in Joennam with representative 'place-ness' related to this. Along with this it is considered that our challenge is to restore and casting light again on common foundation of existence shape and publicness of various religions in the middle of national and social movement and economic movement in Yeonggwang of Joennam area. In other words, we expect that religions will continue individual efforts and common practices to urge social justice for historic and public value based on common good encompassing historic value, in other words, individual responsibility and social justice among social and economic conditions originated from Japanese colonial era.

Economic Uncertainty and Business Innovation: Focused on Research and Development (경제적 불확실성과 경영혁신: 연구개발을 중심으로)

  • Sun-Pil Hwang;Sung-Yong Ryu
    • Industry Promotion Research
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    • v.8 no.2
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    • pp.11-19
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    • 2023
  • The purpose of this study is to analyze the effect of economic uncertainty on business innovation. To this end, Ahir et al. (2018) World Uncertainty Index (WUI) is selected as a proxy for economic uncertainty, while total R&D investment (RD), capitalized R&D investment (RD_A), expensed R&D investment (RD_E), and the proportion of capitalized R&D investment to total R&D investment (RD_R) are selected as variables representing business innovation. The research findings showed that economic uncertainty (WUI) had a statistically significant positive (+) relationship with total research and development investment (RD), asset-based research and development investment (RD_A), and the proportion of asset-based research and development investment (RD_R). This relationship remained the same even after controlling for managerial opportunistic accounting behavior (DACC; discretionary accruals). These findings suggest that companies focus on research and development investment as an opportunity for management innovation even in the face of economic uncertainty. The results of this study are significant in demonstrating the validity and effectiveness of government support for industrial promotion under economic uncertainty.

A Study on the Relationship between the Economic Level of the households and the Clothing Purchase Practices of High School Girls -Centering around High School Girls in Seoul- (가정의 경제수준과 여고생의 의복구매행위에 관한 연구 -서울시내 여고생을 중심으로-)

  • Kim Ae Ryuon;Kim Jin Goo
    • Journal of the Korean Society of Clothing and Textiles
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    • v.10 no.1
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    • pp.9-17
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    • 1986
  • The purpose of this study is to research into the relationship between the clothing pur-chase practices of high school girls and the economic level of the households. For the survey of Economic Level of the households, the information of the monthly income of the households were extracted from the Annual Report of the City-Household in the Economic Planning Board. The survey of clothing purchase practices is based on Ryan's Clothing: A Study in Human Behavior. The questionnaires were distributed to the seven girls' high school in Seoul. The data from 354 respondents was analyzed by Peargons' r, ANOVA and $x^2$ test. The Results were : 1. There was a significant relationship between clothing Purchase Practices variables and the monthly incomes of the households. 2. There were differences in clothing purchase practices variables according to the monthly incomes of the households. 3. There were significant relationships among the three clothing purchase Practices variables.

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Happiness Economics Approach To Anthropocentric-Nature Perspective And Ecocentric-Nature Perspective (행복경제학적 분석을 적용한 인간중심적 자연관과 생태중심적 자연관의 비교)

  • Joh, Seung-Hun
    • Journal of Environmental Policy
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    • v.7 no.2
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    • pp.49-66
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    • 2008
  • The goal of current study is to carry out comparative analysis on the relationship between nature perspectives and their corresponding utilities by taking integrated approach combining economic values with environmental ones. The results are as follows. First, empirical evidence shows that the structures of happiness function differ according to nature perspectives. The anthropocentric-nature perspective is centered on economic value. Whilst, environment and social trust play an statistically insignificant role in deciding happiness levels. Secondly, the eco-centric perspective possesses a multi-facted structure of happiness function composing of income, environment, and social trust. In this vein, it is no reasonable behavior, from happiness maximization view, to focus on economic value vis-a-vis use value.

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Predictability of Consumer Expectations for Future Changes in Real Growth (소비자 기대심리의 미래 성장 예측력)

  • Kim, Tae-Ho;Lim, La-Hee;Lee, Seung-Eun
    • The Korean Journal of Applied Statistics
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    • v.28 no.3
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    • pp.457-465
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    • 2015
  • The long lasting world-wide recession and low economic progress have made it more important to predict future economic behavior. Accordingly, it is of interest to explore useful leading indicators, correlated with policy targets, to predict future economic growth. This study attempts to develop a model to evaluate the performance of consumer survey results from Statistics Korea to predict future economic activities. A statistical model is formulated and estimated to generate predictions by utilizing consumer expectations. The prediction is found improved in the distant future and consumer expectations appear to be a useful leading indicator to provide information of future real growth.

Life Stress and Coping Style for Stress of Vietnamese Married Immigrant Women

  • Kim, Chunmi;Lee, Hung Sa
    • Research in Community and Public Health Nursing
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    • v.27 no.2
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    • pp.173-182
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    • 2016
  • Purpose: This study was conducted to survey female Vietnamese marriage immigrants' life stress and to analyze factors influencing their life stress and coping strategies. Methods: As descriptive correlation research, this study conducted a survey with 182 conveniently sampled subjects. Data were collected in June, 2015, and analyzed with descriptive statistics, t-test, ANOVA, Pearson's correlation coefficient, and stepwise multiple regression. Results: The subjects' life stress levels were above average, and significantly varied according to their health, and economic status. Stress coping strategies used by the subjects included assistance seeking, problem avoidance, wishful thinking, problem solving, and emotional alleviation in the order of frequency. As a result of the stepwise multiple regression, economic level, economic activity, and health status were found to be the most significant factors influencing the subjects' life stress, and these variables explained 45.1% of the variation in life stress. Conclusion: Female marriage immigrants were experiencing above-average life stress, and they were coping with it mainly in terms of assistance seeking or problem avoidance. In order to mitigate their stress, therefore, it is necessary to provide extended employment opportunities and economic activities for them so that they can cultivate their abilities in health management.

An Evaluation of the Economic Value of Outsourcing of Water Supply Services Considering Uncertainty of Water Price (수도요금의 불확실성을 고려한 상수도 사업의 가치 평가)

  • Jeong, In-Chan;Kim, Jae-Hee;Kim, Sheung-Kown
    • Korean Management Science Review
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    • v.31 no.3
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    • pp.95-111
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    • 2014
  • It is essential to carry out an economic analysis on public water supply projects so that policy makers and water enterprises are aware of the actual value of the project. However, many popular approaches based on discounted cash flow analysis do not capture the uncertainties inherent in cash flow. In order to analyze the economic values of the water supply project of local governments, we utilize real option model, which considers uncertainty in future water price behavior and captures the value of real life flexibility. The real option model is designed to incorporate the option to expand and abandon, and it is applied to a local government case. Furthermore, we assess the project by exploring Luehrman's option space to accommodate the more efficient decision making. The results show that substantial amount of potential value is included in the public water supply service, and the overall value is greater than the value obtained from the discounted cash flow model.