• Title/Summary/Keyword: Institutional variables

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A Study on Determinants of Asset Price : Focused on USA (자산가격의 결정요인에 대한 실증분석 : 미국사례를 중심으로)

  • Park, Hyoung-Kyoo;Jeong, Dong-Bin
    • The Journal of Industrial Distribution & Business
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    • v.9 no.5
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    • pp.63-72
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    • 2018
  • Purpose - This work analyzes, in detail, the specification of vector error correction model (VECM) and thus examines the relationships and impact among seven economic variables for USA - balance on current account (BCA), index of stock (STOCK), gross domestic product (GDP), housing price indices (HOUSING), a measure of the money supply that includes total currency as well as large time deposits, institutional money market funds, short-term repurchase agreements and other larger liquid assets (M3), real rate of interest (IR_REAL) and household credits (LOAN). In particular, we search for the main explanatory variables that have an effect on stock and real estate market, respectively and investigate the causal and dynamic associations between them. Research design, data, and methodology - We perform the time series vector error correction model to infer the dynamic relationships among seven variables above. This work employs the conventional augmented Dickey-Fuller (ADF) and Phillips-Perron (PP) unit root techniques to test for stationarity among seven variables under consideration, and Johansen cointegration test to specify the order or the number of cointegration relationship. Granger causality test is exploited to inspect for causal relationship and, at the same time, impulse response function and variance decomposition analysis are checked for both short-run and long-run association among the seven variables by EViews 9.0. The underlying model was analyzed by using 108 realizations from Q1 1990 to Q4 2016 for USA. Results - The results show that all the seven variables for USA have one unit root and they are cointegrated with at most five and three cointegrating equation for USA. The vector error correction model expresses a long-run relationship among variables. Both IR_REAL and M3 may influence real estate market, and GDP does stock market in USA. On the other hand, GDP, IR_REAL, M3, STOCK and LOAN may be considered as causal factors to affect real estate market. Conclusions - The findings indicate that both stock market and real estate market can be modelled as vector error correction specification for USA. In addition, we can detect causal relationships among variables and compare dynamic differences between countries in terms of stock market and real estate market.

An Empirical Study on the Effect of Trust to RFID Technology Acceptance (신뢰가 RFID 기술수용에 미치는 영향에 관한 실증연구)

  • Lee, Mi-Sook
    • Journal of Technology Innovation
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    • v.16 no.1
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    • pp.47-79
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    • 2008
  • RFID(Radio Frequency Identification) technologies enjoy an enormous interest in all throughout the world, not only from the research but also from corporate practice. Although bar code is gradually substituted with RFID technology, the use of RFID technology in the companies is at the early stages and it's potential value isn't fully realized yet. RFID-related-trust is needed to solve these problems because these phenomena are related to uncertainties or risks disturbing RFID diffusion. This paper focuses on trust in the adoption of RFID and analyzes the effect to RFID technology acceptance of trust. This paper proposes 5 second constructs of trust; institutional trust, trust between companies, trust within company, technology trust, and service provider trust. In order to analyze some relationships between trust variable and 4 variables in TAM, structural equation modeling(SEM) is developed and SPSS 12.0 and AMOS 7.0 are used for analyses.

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Diffusion Measures of Growing Flower Crops to Cultivate Amenities and Emotions (어메니티 증진과 정서함양을 위한 화훼작물 재배의 확산 방안)

  • Im, Sang-Bong
    • Journal of Agricultural Extension & Community Development
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    • v.10 no.2
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    • pp.251-266
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    • 2003
  • Diffusion of non-professional flower growing in Korea still lags behind. The objectives of the study are to establish a theoretical modes to explain the diffusion of social floriculture, to identify some characteristics and problems of growing flower crops to cultivate amenities and emotions, and to suggest remedial measures for fostering it. Theoretical model adopted in this study consists of such variables as education, social movement, policies, diffusion of social flower growing, amenities, and emotional cultivation. For identifying the diffusion characteristics of flower growing, projects implemented by a non-governmental organization, schools, local and central government organizations were analyzed. In order to stimulate the diffusion of social flower growing and to increase its effects, there needs to strengthen education of stakeholders, establishment of partnership among schools, non-governmental and governmental organizations, and institutional supports including manpower and finances. Linking flower growing projects to community festival and tourism development programs can foster institutionalization of community flower growing. Furthermore, the introduction of wild, symbolic and traditional flowers and trees will help to specialize and improve community landscapes.

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A Study on the Factors of Career Decision-making and the Moderating Effects of Personality Types (경력결정요인과 성격유형의 조절효과에 관한 연구 - 문헌정보학과 학생들을 중심으로 -)

  • Choi, Byung-Woo;Choi, Jung-Hee;Kim, Hyong-Gi
    • Journal of Korean Library and Information Science Society
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    • v.39 no.3
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    • pp.53-71
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    • 2008
  • This study attempts to analyse factors that influence the level of career decision for prospective librarians. To this end, an empirical study was conducted on the students from the department of Library & Information Science at universities located in Seoul, Gyeong Gi and Chung Cheong Areas. Exogenous variables included curriculum, career-related departmental activities, and librarian-related institutional factors. The result of analysis using the Structural Equation Model reveals that career-related departmental activities are preceding factors which affect the level of career decision and that personality types function as a modulator. This suggests that, in order to raise the career decision level, prospective librarians need to participate in career-related departmental activities, which make it easier to share information regarding career and thus enhance the level of career. Such career-related departmental activities include participating in job-oriented circles and career-consulting programs, communicating with seniors, and operating and joining career programs. Further organizational and institutional development is required : better curriculum, improved practical ability and qualifications as librarians. This study also discusses its limits and areas for future research.

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Factors Influencing Suicidal Ideation of College Students (대학생의 자살사고 영향 요인)

  • Lee, Sung-Hee;Jung, Hyun-Ok;Park, Kyung-Ran;You, Jun-Ok;Ha, Tae-Hi;Kim, Hee-Sook
    • The Journal of Korean Academic Society of Nursing Education
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    • v.21 no.2
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    • pp.190-201
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    • 2015
  • Purpose: This study was conducted to explore the influence of academic institutional interest, open parent-adolescent communication, social (friend) support, and existential spiritual well-being on suicidal ideation of college students. Methods: The research design was descriptive survey research involving 285 college students in city G. Data was collected from May 18, 2011 to November 2, 2011 and analyzed using descriptive statistics, t-test, one-way ANOVA, Pearson correlation coefficient, and hierarchical regression analysis. Results: The findings reveal that suicidal ideation of college students was low, i.e., average score was $9.2{\pm}3.65$ (possible range 5~25). This study determined that suicidal ideation is negatively correlated with interest on the part of the academic institution, open parent-adolescent communication, social support from friends, and existential spiritual well-being. The extent of existential spiritual well-being was a significant predictor of suicidal ideation, controlling for general characteristics variables (gender, number of close friends, first supporter) and institutional interest, open parent-adolescent communication, and social support. Existential spiritual well-being accounted for 50% of the explanation of suicidal ideation of college students. Conclusion: Based on the outcomes of this study, designing an intervention program that emphasizes existential spiritual well-being in order to decrease suicidal ideation of tertiary education students is strongly recommended.

Human Acellular Dermis versus Submuscular Tissue Expander Breast Reconstruction: A Multivariate Analysis of Short-Term Complications

  • Davila, Armando A.;Seth, Akhil K.;Wang, Edward;Hanwright, Philip;Bilimoria, Karl;Fine, Neil;Kim, John Y.S.
    • Archives of Plastic Surgery
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    • v.40 no.1
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    • pp.19-27
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    • 2013
  • Background Acellular dermal matrix (ADM) allografts and their putative benefits have been increasingly described in prosthesis based breast reconstruction. There have been a myriad of analyses outlining ADM complication profiles, but few large-scale, multi-institutional studies exploring these outcomes. In this study, complication rates of acellular dermis-assisted tissue expander breast reconstruction were compared with traditional submuscular methods by evaluation of the American College of Surgeon's National Surgical Quality Improvement Program (NSQIP) registry. Methods Patients who underwent immediate tissue expander breast reconstruction from 2006-2010 were identified using surgical procedure codes. Two hundred forty tracked variables from over 250 participating sites were extracted for patients undergoing acellular dermis-assisted versus submuscular tissue expander reconstruction. Thirty-day postoperative outcomes and captured risk factors for complications were compared between the two groups. Results A total of 9,159 patients underwent tissue expander breast reconstruction; 1,717 using acellular dermis and 7,442 with submuscular expander placement. Total complications and reconstruction related complications were similar in both cohorts (5.5% vs. 5.3%, P=0.68 and 4.7% vs. 4.3%, P=0.39, respectively). Multivariate logistic regression revealed body mass index and smoking as independent risk factors for reconstructive complications in both cohorts (P<0.01). Conclusions The NSQIP database provides large-scale, multi-institutional, independent outcomes for acellular dermis and submuscular breast reconstruction. Both thirty-day complication profiles and risk factors for post operative morbidity are similar between these two reconstructive approaches.

Generic Utilization in the Korean National Health Insurance Market; Cost, Volume and Influencing Factors (한국 국민건강보험시장에서의 제네릭 의약품 사용 양상과 영향 요인)

  • Lee, Iyn-Hyang;Park, Sylvia;Lee, Eui-Kyung
    • YAKHAK HOEJI
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    • v.58 no.2
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    • pp.99-106
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    • 2014
  • This study explores the prescribing pattern of generic drugs and the relationship between socio-demographic factors and the use of generics in South Korea. The analysis was based on claims data of 2011 from Korean National Health Insurance. We examined utilization, costs, and market share of oral preparations by original and generic product. Multiple logistic regression was performed to evaluate the predictive factors of generic use among multi-source medications. Generics accounted for 37~41% of utilization and 34~41% of costs in the insured market of oral preparations. In the generic market, costly generics made up about 58~61%, 56~66% of volume and value, respectively. Other things being equal, institutional factors affected generic use to the largest degree. The odds of having generics were 6 times higher in clinics, 4 times higher in hospitals, and 1.7 times higher in general hospitals than in teaching hospitals. Those in metropolitan or rural area were more likely to prescribe generics than those in the capital area. While generics were frequently prescribed for off-site pharmacy (OR=1.173), the odds of having generics was 0.88 after weighting the data by units prescribed. This study empirically presented the pattern of generic prescribing, confirming the widely accepted view that costly generics were more likely to be utilized in the Korean market. Up to two thirds of the generic market consisted of costly products. The strongest factors affecting generic use were institutional variables.

An Empirical Study on the Relationship among the Objectives of the Certification System, the Preparation and Results of Certification, and the Performance of Perceived Certifications in the Institutional Accreditation System of College (전문대학의 기관평가인증제에 있어서 인증제의 목표, 인증의 준비와 결과, 지각된 인증의 성과 간의 관계에 관한 실증연구)

  • Yun, Mun-Do;Seo, Young Wook
    • The Journal of the Korea Contents Association
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    • v.19 no.6
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    • pp.524-540
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    • 2019
  • We researched about the relationship among the Purpose of Assessment Certificate System, the preparation result, certificate, and, the performance of the assessment certificate on the purpose of the empirical analysis. For the testing of a research model, we tested 170 samples that our colleges tested by The Assessment Certificate System. As a result of the analysis; there are positive and causal effect relationships among the three variables. This study result will expansion and help to maintain performance growth in the college. In the future, the research about the improvement of management performance are needed.

A Study on the Survey of Vocational Training Teachers and Instructors through Institutional Panel Sampling Design (기관패널 표집설계를 통한 훈련 교·강사 실태조사 방안 연구)

  • Jung, Hye-kyung;Jung, Il-chan;Lee, Jin-gu
    • Journal of Practical Engineering Education
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    • v.13 no.2
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    • pp.393-403
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    • 2021
  • The purpose of this study is to propose a method of designing a systematic panel survey at the institutional level to lay the foundation for data-based decision-making using vocational training teachers and instructors as the population. In this study, the target population and sampling frame, which are the main elements necessary for planning a panel survey, are proposed. Also based on expert advice and empirical data analysis, the sampling unit and sampling method taking into account the outer and inner variables are presented, comprehensively considering the representativeness of data, the efficiency and sustainability of data collection. As a result of the study, with the unit of the panel as a vocational training institution, a two-stage stratified proportional sampling plan is proposed so that the institution selected as the panel and the vocational training teachers and instructors belonging to the institution can participate in the survey. Based on this, implications for the panel survey sample design are presented.

Dietary quality of lunches in senior leisure service facilities in South Korea: analysis of data from the 2013-2017 Korea National Health and Nutrition Examination Survey

  • Choi, Daeun;Lee, Youngmi;Park, Haeryun;Song, Kyunghee;Hwang, Jinah
    • Nutrition Research and Practice
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    • v.15 no.2
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    • pp.266-277
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    • 2021
  • BACKGROUND/OBJECTIVES: This study analyzed the quality of lunches provided in senior leisure service (SLS) facilities and compared institutional foodservice (IF) and non-institutional foodservice (non-IF). SUBJECTS/METHODS: Data of 390 adults aged 65 years or older who ate lunches in SLS facilities were analyzed using the information from the 2013-2017 Korea National Health and Nutrition Examination Survey. The participants were classified into IF (n = 129) and non-IF (n = 261) groups according to meal type provided. The intake of major food groups, energy and nutrients, and nutrient adequacy ratio (NAR) and mean adequacy ratio (MAR) were analyzed. The diversity of meals was evaluated by food group patterns, dietary diversity score (DDS) and dietary variety score (DVS). Energy intake was adjusted in model 1, while energy and sex were adjusted in model 2. All confounding variables were adjusted in model 3. RESULTS: The intake of seafoods (P < 0.001 in models 1, 2, and 3), seaweeds (P < 0.01 in models 1 and 2), and dairy products (P < 0.05 in models 1, 2, and 3) was significantly higher in the IF group. No significant difference existed in energy intake; however, the intake of all nutrients except carbohydrate and vitamin C was significantly higher in the IF group. NAR of all nutrients, excluding vitamin C, was higher in the IF group, and MAR was also higher in the IF group (P < 0.001 in models 1, 2, and 3). The IF group had significantly higher DDS and DVS than the non-IF group (P < 0.001). CONCLUSIONS: The lunches provided in SLS facilities were better in terms of quantity and quality when provided through IF than through non-IF. More systematic foodservice programs should be implemented in SLS facilities, especially in facilities wherein users prepare their own meals.