• Title/Summary/Keyword: LOGIT METHOD

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An Analysis of Policy Effects of Export Infrastructure Strengthening Program on Export of Food Distribution Companies (수출인프라강화사업이 식품유통기업 수출에 미치는 정책효과 분석)

  • Huang, Seong-Hyuk;Ji, Seong-Tae
    • Journal of Distribution Science
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    • v.16 no.1
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    • pp.87-99
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    • 2018
  • Purpose - The Export Infrastructure Strengthening Program(EISP) is a project to expand exports of agri-food products through providing customized export information to food distribution companies and supporting overseas information activities. A total of 39.6 billion won was provided by 2016. So, the purpose of this study is to analyze whether EISP is effective for expanding exports of agri-food products. Research design, data, and methodology - A simple average difference between the export performance of the policy beneficiaries and the non-policy beneficiaries can be biased if the export capacity or inherent characteristics of the enterprise are not taken into consideration. In order to solve the problem of such a bias, the propensity score matching(PSM) method has been employed in this study. PSM is a method of converting the characteristics of an export company into an index through logit analysis and then reducing the matching to one dimension to improve the accuracy of the performance measurement. Results - The balancing test was conducted to determine how the characteristics of the policy beneficiary group and the matched policy non-beneficiary group corresponded to each other. As a result of the test, we could not reject the null hypothesis that there was no difference between the two groups, so that after the matching, the two groups were similar and the explanatory variables were well controlled. Using the nearest neighbor matching with propensity score estimating through logit analysis, we estimated average treatment effect on the treated(ATT). The food companies participating the EISP had the effect of increasing the exports of $ 5.88 million. As a result, the number of export contracts increased by 11.77, the number of exporting countries by 7.52, the number of export items by 47.51, and the number of buyers' consultation by 3.50. And overseas marketing expenses increased by 35.92 million won. Except for the number of export contracts, other export performance results showed statistically significant results. Conclusions - As the EISP has a positive effect on the expansion of agro-food exports, efforts should be made to find out the limitations or problems of the policy in the future and to make a greater contribution to the increase of exports.

Exploration of Economic Valuation Model for the UX Design using the Contingent Valuation Method - Focusing on the Screen Unlock Interfaces (조건부 가치측정법을 이용한 사용자 경험 디자인 가치평가 모델의 탐색 잠금해제 인터페이스를 중심으로)

  • Lee, Jinsung;Cho, Kwang-Su;Choi, Junho
    • Journal of the HCI Society of Korea
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    • v.11 no.1
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    • pp.11-19
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    • 2016
  • This study aimed to assess the economic value of the UX design and applied contingent valuation method (CVM) to the three smartphone screen unlock interface types: touch, fingerprint, and iris recognition. The contingent valuation method was chosen from various economic valuation approaches because the interface components such as the screen unlock are important user experience values but non-market goods which are not traded independently. Using the double-bounded dichotomous choice approach of the contingent valuation method, the survey results of the logit model showed that the economic value of touch unlock interface was 529 won, fingerprint was 4,214 won, and iris recognition was 1,316 won. That is, the fingerprint interface had the highest economic value, followed by iris recognition and touch interface. The main contribution of this research is that we examined a method for economic valuation of the UX design and generated systematic and credible results.

A Study on the Economic Valuation of the Suncheon Bay Wetland according to the Logit Model (로짓모형에 따른 순천만습지의 경제적 가치평가)

  • Lee, Jeong;Kim, Sa-rang;Kweon, Dae-gon;Jung, Bom-bi;Song, Sung-hwan;Kim, Sun-hwa
    • Journal of the Korean Institute of Landscape Architecture
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    • v.45 no.6
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    • pp.10-27
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    • 2017
  • Recently, the importance of recognizing the natural environment and the need for its conservation are increasing due to rapid urbanization. Suncheon Bay, designated as Scenic Site No. 41 and one of the World's Five Greatest Coastal Wetlands, is the only tideland among the tidal flats in Korea, which has salt marsh reserves. It has high conservation value from the ecological aspect. In addition to the Suncheon Bay National Garden, it provides various benefits not only to visitors but to local residents as well in terms of economics, environmental issues, and history and cultural aspects. Two million tourists visit the site annually, which has constantly highlighted the limits of ecological capacity. The valuation of the Suncheon Bay wetland is more important for the sustainability of the Suncheon Bay wetland than for its value as a tourism resource for the activation of the local economy. This study used the Logit model, which is commonly used among probabilistic choice models, to evaluate the economic value of Suncheon Bay wetland with the contingent valuation method(CVM). Applying the conservation value of the Suncheon Bay wetland to the benefit of KRW 8,200 for 1 person and 1 day, the benefit from exploration is KRW 2,050, the management and conservation value is KRW 3,034, and the heritage value is KRW 3,116. The results of this study are that benefit from the annual exploration of Suncheon Bay wetland was KRW 44.3 in billion, the management and conservation value was KRW 6.55 in billion, and the heritage value was KRW 6.73 in billion. When converted to the number of paying visitors per year, the conservation value is about KRW 177.1 billion. This study was conducted to evaluate the use and conservation aspects of the economic value of Suncheon Bay wetland. Based on the latent value of the Suncheon Bay wetland, it provides basic data about the efficient management and policy establishment of Suncheon Bay wetland. The study is significant in that the ecological sustainability of the Suncheon bay wetland and the value of non-marketable were evaluated based on the recognition of 'benefit through exploration', 'management and conservation value' and 'value of heritage'. It can be used as policy decision data on the integrated collection of the admission fee of the Suncheon Bay wetland and Suncheon Bay National Garden.

Solution Methods for OD Trip Estimation in Stochastic Assignment (확률적 통행배정하에서 기종점 통행량추정 모형의 개발)

  • Im, Yong-Taek
    • Journal of Korean Society of Transportation
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    • v.24 no.4 s.90
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    • pp.149-159
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    • 2006
  • Traditional trip tables are estimated through large-scale surveys such as household survey, roadside interviews, and license Plate matching. These methods are, however, expensive and time consuming. This paper presents two origin-destination (OD) trip matrix estimation methods from link traffic counts in stochastic assignment, which contains perceived errors of drivers for alternatives. The methods are formulated based on the relation between link flows and OD demands in logit formula. The first method can be expressed to minimize the difference between observed link flows and estimated flows, derived from traffic assignment and be solved by gradient method. The second method can be formulated based on dynamic process, which nay describe the daily movement patterns of drivers and be solved by a recursive equation. A numerical example is used for assessing the methods, and shows the performances and properties of the models.

An Empirical Method Identifying Real-time Stagflation Pressure in Korea: Focusing on Activating Monthly Data (한국 스태그플레이션 평가기법에 관한 연구: 월별자료이용을 중심으로)

  • Lee, Jeong Wook;Kang, Sam Mo
    • International Area Studies Review
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    • v.16 no.1
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    • pp.147-171
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    • 2012
  • Even though many people loosely term a period of high inflation combined with stagnation "stagflation", it has been very difficult for us to find a more detailed and theoretical definition for such a period. In addition, most economic policy makers have faced some uncertainty and difficulty in identifying stagflation periods through analyzing a lot of economic data. This paper deeply researches the literature on specific definitions of stagflation and provides an empirical method by which we can systematically identify real-time stagflation pressure. Under this method, real-time stagflation pressure can be evaluated as a complex index by using both extensive monthly economic data indicating economic conditions or inflation pressure and a logit regression model. As a result of applying this method to the first half of 2008 in Korea when there was much debate as to whether the Korean economy was experiencing a corresponding stagflation or not, this period is not now evaluated as having been a stagflation period. This paper provides some implications. Namely, we need to put more emphasis on stabilizing inflation expectations.

An Analysis on the Current Farm Management Record Practices and Characteristics (농업인의 경영기록 실태 및 특성 분석)

  • Lee, Sang-Hak;Choi, Se-Hyun;Son, Chan-Soo;Ha, Hyun-Jung
    • Journal of the Korea Academia-Industrial cooperation Society
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    • v.13 no.7
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    • pp.2937-2948
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    • 2012
  • Record-keeping is one of the most fundamental practices in good farm management as it shows a systemic managerial and analytic data essential for a successful farm operation. Despite such obvious benefits in record-keeping, however, today`s farmers do not take advantage of this practice for various reasons. To make the matter worse, not much research has been done to resolve this incompatibility. Therefore, it is urgent for both the government and the farmers to come up with a better method or book of record-keeping that will show the farmers where their operation has been in the past, where it is now, and where it is heading in the future. This study will survey and analyze the current status of record-keeping practice among farmers using statistic models such as logit and ordered probit model. The results showed that the majority of the farmers lack knowledge about management record. Also, appropriate record-keeping books and related education were not available. Therefore, the government should develop and provide farmers with record-keeping books that are easy to use and at the same time giving proper education about agricultural management skills. Finally, this study suggests some improvement plans about agricultural record-keeping based on the results drawn.

Health life expectancy in Korea based on sample cohort database of National Health Insurance Services (국민건강보험 표본코호트DB를 이용한 한국인의 건강기대수명 연구)

  • Kwon, Tae Yeon;Lim, Ja Young;Park, Yousung
    • The Korean Journal of Applied Statistics
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    • v.30 no.3
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    • pp.475-486
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    • 2017
  • This paper estimates the health life expectancies for Korean people based on a sample cohort database collected through objective measurements by the National Health Insurance Service. Health life expectancy is estimated using the single-state approach of Sullivan (1971). The 9-order correction factor method of Greville (1945) and Brass-logit model of Brass (1971) are also adopted for unobserved or incompletely observed age-specific morbidity and mortality. Based on the mortality and morbidity estimated from sample cohort DB, men and women in Korea are expected to live a 'healthy life' for 61 and 60 years in 2013, respectively, whereas life expectancies of men and women are 80 and 87, respectively. We also estimate certain disease-free life expectancies for each of genders, income levels, and types of insurance from 2003 to 2013 in Korea. We found that there exists an inequality of healthy life expectancy in Korea for different genders, income levels, and types of insurance.

Propensity Adjustment Weighting of the Internet Survey by Volunteer Panel (자원자 패널에 의한 인터넷 조사의 성향조정 가중화)

  • Huh, Myung-Hoe;Cho, Sung-Kyum
    • Survey Research
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    • v.11 no.2
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    • pp.1-28
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    • 2010
  • This paper reports the results of the 2009 Internet volunteer panel version of the social survey conducted by Statistics Korea (Korea National Statistical Office). Authors identify socio-psychological characteristics of Internet survey volunteers and present quantitative evaluation of the propensity adjustment weighting method intended to remove Internet sample bias. The nine criteria used for propensity adjustment were regions, urban/rural, gender, age, education, consumer satisfaction, views on income distribution, newspaper access and Internet news access. Propensity adjustment weighting based on the logit model and rim weights were applied to the online survey of 2,903 respondents using the face-to-face area sample data of 37,049 respondents as reference. A total of 106 items were used for evaluating the propensity adjustment weighting methods. The results showed that in 80% of survey items the propensity adjustment weighting yielded better estimates compared to simple demographic weighting. This suggests that Internet surveys by volunteer panels are useful for conducting the general social study in Korea. The reference survey data for this study contains several items on social-psychological behaviors and attitudes, is large in size and obtained by probability sampling. Thus it may be utilized in propensity adjustment of other Internet surveys.

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Study on Entering Self-Employment of Young Workers (청년층의 자영업 진입에 관한 연구)

  • Shin, Jaeyoul;Kim, Jongsung
    • Asia-Pacific Journal of Business Venturing and Entrepreneurship
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    • v.15 no.1
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    • pp.247-257
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    • 2020
  • In recent years, the proportion of youth's self-employed is steadily increasing, and government policy also actively encourages youth to become an entrepreneur. However, most of the domestic precedent studies on the self-employed labor market focus on the middle-aged and the elderly, and previous studies on the self-employed labor market of young people are hardly ever studied. Above all, the study that examines the factors of entry into self-employment of young people is not sufficient and researchers usually utilize the study about for all ages to explain the self-employment market of young people. However, because the young and middle-aged people differ in labor market conditions, family backgrounds, and the level of accumulation of human capital, separate explanations and theories are needed. Therefore, this study explored the factors of entry into self-employment by separating the age group from 15~29 years old. The data used in the analysis was the 9th to 20th data of the Korea Labor Panel Survey. The youth unemployment rate and employment rate were referred to the Economically Active Population Survey of Statistics Korea. The analysis subject was limited to young people who are currently performing economic activities, and the analysis method used multi-level logit model. The main results are summarized as follows. First, the lower the unemployment rate and the higher the employment rate, the younger people tend to enter their own businesses on the structural level. Second on the individual level, young people who possess enough financial capital or pursuit personal aptitude or interest tend to enter self-employment. However, there are no statistical effects of human capital and entrepreneur capital.

Empirical Study on the Mode Choice Behavior of Travelers by Express Bus and Express Train (특급(特急)과 고속(高速)버스 이용자(利用者)의 수단선정행태(手段選定行態)에 관한 경험적(經驗的) 연구(研究))

  • Kim, Kyung Whan
    • KSCE Journal of Civil and Environmental Engineering Research
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    • v.3 no.2
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    • pp.119-126
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    • 1983
  • The purposes of this study are to analyze/model the mode choice behavior of the regional traveler by express bus/express train and to offer useful source in deciding the public transportation policy. The data analyzed were trips of both modes from March, 1980 to November, 1981, between Seoul and other nineteen cities; the data were grouped as five groups according to the change of service variables. Service variables were travel time(unit: minute), cost(:won), average allocation time(:won), service hour(:hour), and dummy variables by mode. As model Logit Model with linear or log utility function were postulated. As the result of this study, some reseanable models were constructed at Model Type I(eq. 2. of this paper) based on the above data except the dummy. It was judged that the parameters calibrated by Group III and Group IV data in table 4, were optimal. Among the parameters, the parameter of travel cost was most reliable. There was a tendency preferring express bus to train in October and November. With the constructed model and Pivot-Point Method. the demand change of express train caused by the service variables' change could be forecasted over 99%.

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