• Title/Summary/Keyword: Financial Index

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Measuring Out-of-pocket Payment, Catastrophic Health Expenditure and the Related Socioeconomic Inequality in Peru: A Comparison Between 2008 and 2017

  • Hernandez-Vasquez, Akram;Rojas-Roque, Carlos;Vargas-Fernandez, Rodrigo;Rosselli, Diego
    • Journal of Preventive Medicine and Public Health
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    • v.53 no.4
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    • pp.266-274
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    • 2020
  • Objectives: Describe out-of-pocket payment (OOP) and the proportion of Peruvian households with catastrophic health expenditure (CHE) and evaluate changes in socioeconomic inequalities in CHE between 2008 and 2017. Methods: We used data from the 2008 and 2017 National Household Surveys on Living and Poverty Conditions (ENAHO in Spanish), which are based on probabilistic stratified, multistage and independent sampling of areas. OOP was converted into constant dollars of 2017. A household with CHE was assumed when the proportion between OOP and payment capacity was ≥0.40. OOP was described by median and interquartile range while CHE was described by weighted proportions and 95% confidence intervals (CIs). To estimate the socioeconomic inequality in CHE we computed the Erreygers concentration index. Results: The median OOP reduced from 205.8 US dollars to 158.7 US dollars between 2008 and 2017. The proportion of CHE decreased from 4.9% (95% CI, 4.5 to 5.2) in 2008 to 3.7% (95% CI, 3.4 to 4.0) in 2017. Comparison of socioeconomic inequality of CHE showed no differences between 2008 and 2017, except for rural households in which CHE was less concentrated in richer households (p<0.05) and in households located on the rest of the coast, showing an increase in the concentration of CHE in richer households (p<0.05). Conclusions: Although OOP and CHE reduced between 2008 and 2017, there is still socioeconomic inequality in the burden of CHE across different subpopulations. To reverse this situation, access to health resources and health services should be promoted and guaranteed to all populations.

A Study on The Rate of Return of Private Infrastructure Investment Project (SOC민간투자사업의 투자수익률에 관한 연구)

  • Park Young-Min;Kim Soo-Yong;Kim Ki-Young
    • Korean Journal of Construction Engineering and Management
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    • v.5 no.6 s.22
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    • pp.179-190
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    • 2004
  • Present private infrastructure investment in SOC investment has increased up to $11\%$ compared to the year 2003 and it is expected to increase in the future. In spite of its rapid increasement we don't have definite standard or system on distinctly presented rate of return for domestic private infrastructure investment yet, and practical and scientific research is not sufficient, compared to its necessity and importance. Hence, in this study we tried to build theories systematically, which are related to rate of return of private infrastructure investment to promote SOC private infrastructure investment to last successfully and present the proper level of rate of return of private infrastructure we investment appropriate in domestic situations through diverse analysis. Therefore, to present reasonable rate of return, we used 5 methods: existing research analysis, case study, financial index analysis, analysis of investors rate of return, and analysis of rate of return in a real estate market. After comparing and analyzing these methods, Ive presented in the end the appropriate level of rate of return of private infrastructure investment, which can be applied in a domestic market.

A Loyalty Score Model Development in Credit Card Business (고객 로열티 스코어 모델 개발)

  • Chun, Heui-Ju
    • The Korean Journal of Applied Statistics
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    • v.21 no.2
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    • pp.211-219
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    • 2008
  • Customer Loyalty is very important for a company to be survived and to make profit for a long time. Especially, since the credit card company has to manage proper card members and merchants, the CRM(Customer Relationship Management) is much emphasized. A loyalty score is more essential to credit card companies which provide differential financial services based on card members and merchants than any other companies. In this paper, we discuss behavioral measures to define customer loyalty and suggest a method to make loyalty score with an example of a credit card company. The loyalty score developed is considered easy to understand and simple to apply in card industry. In the development of loyalty score, first, we define the loyal customers and non-loyal customers by measuring variables indicating loyalty. And we perform individual logistic regression by each exploratory measuring variable and obtain the weight of measure variables using Chi-square statistics which is used for model fitness. The loyalty score suggested shows very stable results in terms of PSI (Population Stability Index) as time goes.

A Study on Damage Detection of Production Riser (생산 라이저의 손상 탐지에 대한 연구)

  • Je, Hyun-Min;Park, Soo-Yong
    • Journal of Navigation and Port Research
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    • v.39 no.3
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    • pp.179-184
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    • 2015
  • The purpose of this study is to provide appropriate methodology to ensure the safety and integrity of the production riser in offshore structure. In order to select integrity estimation methodology for production riser, level I and II Non-destructive Damage Evaluation (NDE) methods that were applied to existing structures are classified and reviewed. Numerical analysis is performed to verify the applicability and capability on damage detection of reviewed methods. As a result, the damage detection methodology using modal strain energy is more sensitive in detection of the damage than other methods. In practice, the number of sensors is limited due to the environmental and financial conditions. The impact on damage detection performance by reducing the number of sensors is systematically investigated through a series of numerical analyses and the results are discussed. The optimal number of sensor for the integrity estimation of production riser is recommended.

Effects of Air Pollution on Public and Private Health Expenditures in Iran: A Time Series Study (1972-2014)

  • Raeissi, Pouran;Harati-Khalilabad, Touraj;Rezapour, Aziz;Hashemi, Seyed Yaser;Mousavi, Abdoreza;Khodabakhshzadeh, Saeed
    • Journal of Preventive Medicine and Public Health
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    • v.51 no.3
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    • pp.140-147
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    • 2018
  • Objectives: Environmental pollution is a negative consequence of the development process, and many countries are grappling with this phenomenon. As a developing country, Iran is not exempt from this rule, and Iran pays huge expenditures for the consequences of pollution. The aim of this study was to analyze the long- and short-run impact of air pollution, along with other health indicators, on private and public health expenditures. Methods: This study was an applied and developmental study. Autoregressive distributed lag estimating models were used for the period of 1972 to 2014. In order to determine the co-integration between health expenditures and the infant mortality rate, fertility rate, per capita income, and pollution, we used the Wald test in Microfit version 4.1. We then used Eviews version 8 to evaluate the stationarity of the variables and to estimate the long- and short-run relationships. Results: Long-run air pollution had a positive and significant effect on health expenditures, so that a 1.00% increase in the index of carbon dioxide led to an increase of 3.32% and 1.16% in public and private health expenditures, respectively. Air pollution also had a greater impact on health expenditures in the long term than in the short term. Conclusions: The findings of this study indicate that among the factors affecting health expenditures, environmental quality and contaminants played the most important role. Therefore, in order to reduce the financial burden of health expenditures in Iran, it is essential to reduce air pollution by enacting and implementing laws that protect the environment.

Congruency Analysis for Rice Direct Seeding Research Resource Allocation (벼직파재배 연구자원배분과 경제적 성과의 일치성 분석)

  • 박정근;이호진;윤성중
    • KOREAN JOURNAL OF CROP SCIENCE
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    • v.48 no.3
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    • pp.135-138
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    • 2003
  • Appropriate allocation of personal and financial resources of a research organization is important for the successful accomplishment of its goals. Direct-seeding of rice is a technology compatible with sustainable agriculturer and much research on the technology has been carried out in the research institutes of Rural Development Adminstration (RDA). We analyzed, with a special interest in research on rice direct-seeding technology, patterns of resource allocation in RDA by technology to evaluate congruency levels in research resource allocation. Research on direct-seeding technology had been focused on its fundamental field in the past. However, research to solve the practical difficulties encountered by farmers such as those in seedling establishment weed control, and water management practices, has been increased in recent years. Research resource allocation had largely been made to the projects for variety and seeding-technology development in the early years, however, allocation to the projects for the fertilization, weed control, and water management fields has been increased in recent years. Allocation of resources to the projects in soil management and seedling establishment categories was decreased, indicating that difficulties encountered by farmers in these fields were mostly solved. High congruency between economic outcome of research and allocation of resources by technology categories indicates a rational allocation of resources for research on direct-seeding of vice in RDA.

Analysis on the Efficiency and Productivity Change of Non-Life Insurance Industry between Pre-Execution and Post-Execution of Capital Market Law (자본시장통합법 시행 전후의 손해보험산업의 효율성 및 생산성 변화 분석)

  • Kang, Ho-Jung
    • The Journal of the Korea Contents Association
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    • v.11 no.12
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    • pp.403-412
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    • 2011
  • The execution of capital market law causes severe competition by promoting restructuring of financial industry. This study analyze efficiency and productivity change of the Korean Non-Life Insurance industry between pre-execution and pre-execution of capital market law using DEA model and Malmquist Index. Additionally, this study finds determinants of efficiency using tobit regression. The main results of this study can by summarized as follows. First, the efficiency with post-execution was increased comparing with pre-execution of capital market law significantly. Second, the productivity with post-execution was increased comparing with pre-execution of capital market law significantly. Third, significant determinants of technical efficiency and pure technical efficiency are weight of life planner. operation rate of assets respectively. And significant determinant of scale efficiency are firm size, operation rate of assets, weight of life planner.

Bi-Polarization of the Income Distribution In Korea: 1997-2003 (소득 분포의 양극화 추이)

  • Shin, Donggyun;Cheon, ByungYou
    • Journal of Labour Economics
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    • v.28 no.3
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    • pp.77-109
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    • 2005
  • On the basis of the Korea Labor and Income Panel Survey for the 1997 through 2003 period, this paper investigates if the income distribution has become more bi-polarized since the recent financial crisis. The polarization measure developed by Esteban and Ray(l994) and Duclos, Esteban, and Ray(2004) indicates that the distribution of total income has become much more bi-polarized than unequalized for the entire sample period. Second, the rapid increase in the bi-polarization measure is attributed to the enhanced within-group homogeneity among the lower-income group as well as the widening gap between the two groups in the mean income level. Third, no such pattern exists in the distribution of labor income. Overall, the findings in the current study would support the hypothesis of a centrifuging society which is characterized by the slow disappearance of the middle class and the formation of two poles and which is observed in the United States and the United Kingdom among others.

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Impact of Factors on community-level health-related Quality of Life: Community Unit Analysis (지역사회 건강관련 삶의 질에 영향을 미치는 요인: 지역사회 단위 분석)

  • Jeong, Yong-Rae;Hahm, Myung-Il;Min, In-Soon;Kang, Eunjeong
    • The Journal of the Korea Contents Association
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    • v.15 no.1
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    • pp.276-285
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    • 2015
  • The aim of this study was to identify the impact of community factors on the community-level Health-Related Quality of Life (HRQOL) in Korea. This was a cross-sectional study conducted in 2012 using secondary data(n=209) of the Korean Statistical Information Service. The framework was based on community factors provided by the International Council of Science (ICSU) and community factors were categorized based on six aspects. Multiple regression was applied to community factors depending on the community EQ-5D index. Smoking rate, "Good" self-rated health rate, water and wastewater coverage rate, and financial independency rate were significantly and positively associated with the EQ-5D score. Net migration rate(more move out than move in), obesity rate, unmet needed health care rate, and community type(rural than urban) were significantly and negatively associated with the EQ-5D score. This study identifies association for the impact of community factors on the community-level HRQOL and can provide useful evidence for development of community health promotion policies.

Health Status of Married Immigrant Women in Busan (부산지역 결혼이주여성의 건강관련 실태)

  • Park, Hyoung-Sook;Bae, Kyung-Eui;Kim, Dong-Hee;Yoon, Ae-Ryeun
    • Journal of Korean Academy of Fundamentals of Nursing
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    • v.15 no.1
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    • pp.80-88
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    • 2008
  • Purpose: By focusing on immigrant women's problems and considering human rights, resettlement plans and marital-life adaptation, health status is often overlooked. It was examined in this study. Method: The participants were 110 immigrant women who lived in Busan. Data were collected from September to November 2007 using a questionnaire. Results: One of five of the women had been hospitalized for a delivery, about 25% were pregnant, and most (80.9 %) have never had a pap-smear test. The average score for anxiety was 3.0 (${\pm}2.50$) and for depression 2.9 (${\pm}2.71$). Most were in the normal range for blood pressure, body mass index(BMI), blood sugar and urine test. There was a significant difference in level of anxiety according to education (F=3.42, p=.020) and in level of depression according to age (F=4.05, p=.020), number of children(t=-.444, p=.009), financial status (F=3.75, p=.027) and satisfaction with life (F=6.38, p=.002). There were significant differences in BMI according to age (F=7.73, p=.001), native nation (F=18.38, p=.000), period of stay in Korea (F=3.11, p=.049), education (F=3.82, p=.012), number of children (t=-4.26, p=.040). Conclusion: Although the health status of the immigrant women was good, procreative care protocols should be developed to support immigrant women who are pregnant.

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