• Title/Summary/Keyword: Panel Models

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A Study on the Analysis of Energy Voucher Effects Using Micro-household Data (가구부문 미시자료를 활용한 에너지바우처 효과 추정에 관한 연구)

  • Lee, Eun Sol;Park, Kwang Soo;Lee, Yoon;Yoon, Tae Yeon
    • Environmental and Resource Economics Review
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    • v.28 no.4
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    • pp.527-556
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    • 2019
  • In Korea, nearly 100 billion won is spent annually under the name of energy voucher on 600,000 households for the last five years, and this is a unique case and hard to monitor worldwide. Therefore, no studies have been conducted to assess impacts of the energy voucher on energy consumption and cost burden alleviation for beneficiaries. This paper aims to demonstrate the effectiveness of energy vouchers in terms of energy expense. The propensity score matching was conducted on samples of low-income households based on the Korea Welfare Panel. Then, simple Difference-In-Differences and Fixed-Effect Difference-In-Differences models were applied to estimate the effect of energy vouchers. In results, the beneficiaries of energy vouchers would spend an additional 4,371~4,870 won per month on energy consumption. The ratio is equivalent to 51.9~57.7 percent of the aid, which is also the highest when compared with 23~56 percent of U.S. Food Stamp. In terms of energy welfare, voucher payment could become one of the best management practices. However, identifying the blind spots as non-reciprocal households and expanding the differential support mechanism that reflects the energy consumption environment should be solved in the future.

A Longitudinal Study of Factors Associated with Happiness in Primary School Children (학령기 아동의 행복감에 영향을 미치는 요인에 대한 종단 연구)

  • Lee, Jae-Kyeong;Cho, Hye-Chung
    • Journal of the Korean Society of Child Welfare
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    • no.40
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    • pp.41-71
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    • 2012
  • The purpose of this study is to examine longitudinal impacts of various factors on happiness in primary school children. Specifically, attachment theory and ecosystems perspective were utilized for the purpose of this study. We used Korea Youth Panel Survey, which is a 5-year longitudinal data collected from fourth grade in elementary school to second grade in middle school Latent growth model was employed as the analytic method. The findings of this study are as follow: first, academic achievement, self-esteem, parent attachment, peer attachment, teacher attachment, and community attachment all decreased over the 5-year study period. Also, the intercept and the slope variance of variables were found to be statistically significant. This means that there are significant differences in the intercept and the slope of individuals. Second, self-esteem, parent attachment, and peer attachment were found to have cross-sectional influences on happiness. This means that self-esteem, parent attachment, and peer attachment are positively associated with happiness at the intercept. Also, self-esteem, parent attachment, teacher attachment, and community attachment were found to have longitudinal influences on happiness. This means that the higher levels of community attachment at the intercept is associated with slower the rate of decrease in happiness at the slope. In addition, faster rates of decrease in self-esteem, parent attachment, teacher attachment, and community attachment are associated with faster the rate of decrease in happiness. Third, this study conducted multiple group analysis with gender. The findings of this analysis revealed no significant differences in analytic models between males and females. Based on these findings, theoretical and practice implications with regard to happiness in primary school children are discussed.

A Study on the Impact of the Urban Decline on the Subjective Well-being of Residents (도시의 쇠퇴가 지역주민의 삶의 만족감에 미치는 영향 - 도시 규모의 차이를 중심으로 -)

  • Kwon, O-Kyu;Kang, Eun-Taek;Ma, Kang-Rae
    • Journal of the Korean Regional Science Association
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    • v.35 no.2
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    • pp.33-47
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    • 2019
  • The purpose of this study is to examine the effect of urban decline on Subjective Well-being(SWB). According to the scale of the city, the municipal districts of Korea are classified into metropolitan cities, middle cities, and small cities. The SWB in the growth area, the maintenance area, and the declining area according to the degree of relative decline of each city group was examined. In addition, in order to consider the complex nature of urban decline, SWB was divided into overall life satisfaction, household income satisfaction, and housing environment satisfaction. Panel models were also used to identify the dynamic relationship between the progress of urban decay and the change in SWB. The empirical analysis of this study examined the effect of decline on the SWB for the local residents. As a result, it was confirmed that the effect of urban decline on the SWB of the residents varies according to the size of the city where the individual resides, according th the SWB by the division. In the case of metropolitan inhabitants, the decline of the housing environment of the residents due to deterioration of the physical environment was confirmed as a result of the decline of the city, but the overall life satisfaction was increased due to the decrease of the social costs such as congestion in an overcrowded area. On the contrary, in the case of the residents of the small cities, it is confirmed that the decline of the city reduces the overall life satisfaction, household income satisfaction, and housing environment satisfaction.

The Effect of Family Poverty on the School Adjustment of Multi-cultural Adolescents (다문화 청소년의 학교적응에 가구 빈곤이 미치는 영향)

  • Goo, Ja-Min;Yoon, Hee-Sun;Lee, Sang-Rok
    • The Journal of the Korea Contents Association
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    • v.21 no.5
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    • pp.794-807
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    • 2021
  • The purpose of this study is to examine the effect of family poverty on the school adjustment of multi-cultural adolescents in Korea. For this purpose, the 7th data of Multi-cultural Adolescents Panel Study(MAPS) was used and the OLS multiple regression models ware applied. to the analyses. From the result of the OLS model analyses, we found out that family poverty affect significantly on the school adjustment of multi-cultural adolescents. Especially, family poverty has the significant negative(-) effects on academic achievement and friend relationships. These results of this study show that family poverty is an important factor influencing the school adjustment of multi-cultural adolescents. And they confirm that family poverty during period of the adolescent has an important meaning and influence on the aspect of school adjustment as to the multi-cultural adolescents. Implications of this study may be that policy attentions are necessary to not only multi-cultural characteristics but also family background such as poverty in oder to improve the school adjustment of the multi-cultural adolescents. In addition, results of this study suggest that more special support and interventions are requested to the multi-cultural adolescents from poverty families who are suffering dual difficulties such as multi-cultural problems and poverty problem.

The Effects of the Bestseller Ranks on Public Library Circulation: Based on Panel Data Analysis (베스트셀러 순위가 공공도서관 대출에 미치는 영향 분석: 패널자료 분석을 중심으로)

  • Lee, Jongwook;Kang, Woojin;Park, Jungkyu
    • Journal of the Korean Society for information Management
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    • v.38 no.4
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    • pp.1-23
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    • 2021
  • The purpose of this study is to analyze the effects of the bestseller ranks on the book circulations in public libraries. To achieve this goal, the weekly data sets of 179 books' library circulation and bestseller list from January 1, 2018 to December 29, 2019 were constructed based on the data collected from BigData MarketC and YES24. Three methods for analyzing panel data including linear regression, fixed-effect, and random effect models were compared, and it turned out that fixed-effect model was better than other methods. The results show that the average ranks of bestsellers were associated with their public library circulations visually. Also, the analysis of fixed-effect model showed that the single rank decline of a book on the bestseller list decreases its average circulation of 0.108 while the size of effect varied depending on subject of books. The study empirically demonstrated the impact of a bestseller list on people's book circulation behavior, suggesting that public libraries need to reference sociocultural context as well as bestseller book lists to predict library user needs and to formulate collection development policy.

A Study on the Relationship between Social Media ESG Sentiment and Firm Performance (소셜미디어의 ESG 감성과 기업성과에 관한 연구)

  • Sujin Park;Sang-Yong Tom Lee
    • Journal of Intelligence and Information Systems
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    • v.29 no.3
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    • pp.317-340
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    • 2023
  • In a business context, ESG is defined as the use of environmental, social, and governance factors to assess a firm's progress in terms of sustainability. Social media has enabled the public to actively share firms' good and/or bad deeds, increasing public interest in ESG management. Therefore, this study aimed to investigate the association of firm performances with the respective sentiments towards each of environmental, social, and governance activities, as well as comprehensive ESG sentiments, which encompass all environmental, social, and governance sentiments. This study used panel regression models to examine the relationship between social media ESG sentiment and the Return on Assets (ROA) and Return on Equity (ROE) of 143 companies listed on the KOSPI 200. We collected data from 2018 to 2021, including sentiment data from a variety of social media channels, such as online communities, Instagram, blogs, Twitter, and other news. The results indicated that firm performance is significantly related to respective ESG and comprehensive ESG sentiments. This study has several implications. By using data from various social media channels, it presents an unbiased view of public ESG sentiment, rather than relying on ESG ratings, which may be influenced by rating agencies. Furthermore, the findings can be used to help firms determine the direction of their ESG management. Therefore, this study provides theoretical and practical insights for researchers and firms interested in ESG management.

A Study on the Relationship Between Institutional Distance and Outward Foreign Direct Investment: the Case of China (제도적 거리와 해외직접투자의 관계에 관한 연구: 중국을 중심으로)

  • Ya-Xin Lin;Cheon Yu;Yun-Seop Hwang
    • Korea Trade Review
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    • v.48 no.4
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    • pp.23-45
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    • 2023
  • This study aims to investigate the relationship between institutional distance and FDI and focuses on China's outward FDI. The institutional distance between China and the host country is measured using the institutional quality published by the World Bank. This study collects panel data from 50 countries in which China invested from 2008 to 2019 and use the panel GLS methodology to examine the factors affecting outward FDI through three models. First, this study examines the impact of the absolute value of institutional distance on China's OFDI across all countries in which China invests. Second, this study divides countries with positive and negative institutional distance to China into two groups and examine the relationship between institutional distance and OFDI in each group. Finally, this study examines the non-linear relationship between institutional distance and OFDI from China. To test this, this study adds the squared term of institutional distance to the model. The results of the analysis are as follows Institutional distance is positively related to China's OFDI. The relationship between institutional distance and OFDI is inverted U-shaped in the group of host countries with relatively higher institutional quality than China, but positive in the group of low-quality host countries. In addition, China's OFDI is affected by a combination of institutional and economic factors. The results of this study have implications not only for FDI host countries but also for MNCs' choice of FDI destinations.

Deletion of the Lmna Gene Induces Growth Delay and Serum Biochemical Changes in C57BL/6 Mice

  • Ruan, J.;Liu, X.G.;Zheng, H.L.;Li, J.B.;Xiong, X.D.;Zhang, C.L.;Luo, C.Y.;Zhou, Z.J.;Shi, Q.;Weng, Y.G.
    • Asian-Australasian Journal of Animal Sciences
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    • v.27 no.1
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    • pp.123-130
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    • 2014
  • The A-type lamin deficient mouse line ($Lmna^{-/-}$) has become one of the most frequently used models for providing insights into many different aspects of A-type lamin function. To elucidate the function of Lmna in the growth and metabolism of mice, tissue growth and blood biochemistry were monitored in Lmna-deficient mice, heterozygous ($Lmna^{+/-}$) and wide-type ($Lmna^{+/+}$) backcrossed to C57BL/6 background. At 4 weeks after birth, the weight of various organs of the $Lmna^{-/-}$, $Lmna^{+/-}$ and $Lmna^{+/+}$ mice was measured. A panel of biochemical analyses consisting of 15 serological tests was examined. The results showed that Lmna deficient mice had significantly decreased body weight and increased the ratio of organ to body weight in most of tissues. Compared with $Lmna^{+/+}$ and $Lmna^{+/-}$ mice, $Lmna^{-/-}$ mice exhibited lower levels of ALP (alkaline phosphatase), Chol (cholesterol), CR (creatinine), GLU (glucose), HDL (high-density lipoprotein cholesterol) and higher levels of ALT (alanine aminotransferase) (p<0.05). $Lmna^{-/-}$ mice displayed higher AST (aspartate aminotransferase) values and lower LDL (lowdensity lipoprotein cholesterol), CK-MB (creatine kinase-MB) levels than $Lmna^{+/+}$ mice (p<0.05). There were no significant differences among the three groups of mice with respect to BUN (blood urea nitrogen), CK (creatine kinase), Cyc C (cystatin C), TP (total protein), TG (triacylglycerols) and UA (uric acid) levels (p>0.05). These changes of serological parameters may provide an experimental basis for the elucidation of Lmna gene functions.

A Study of Wearing Fitness of Jacket Design and Analysis of Flat Pattern and Draping (재킷 디자인의 입체와 평면 패턴분석 및 외관 적합성 분석에 관한 연구)

  • Seo, Wan-Seuk;Kim, Sook-Jin
    • Journal of the Korea Fashion and Costume Design Association
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    • v.18 no.2
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    • pp.101-113
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    • 2016
  • This study was conducted in order to analyze draping and flat pattern according to jacket design, and provide basic materials for developing a jacket pattern that can enhance fitness, functionality, and aesthetic expression of clothes by reflecting esthetic expression of draping and efficiency of flat pattern at the same time. For the experimental jacket designs of a one-piece sleeve jacket and a two-piece sleeve jacket were selected among the entries of the designer Rubina for 2014 F/W Seoul Fashion Week. Designer brand Rubina usually produced clothes using draping and the designer brand company provided the experimental patterns for the study. We also had flat patterns of the same design and size specifications designed by a flat patternmaker who has 30 year-experience in flat pattern like Rubina. The test apparel jacket was made of 20's cotton yarns. Three models wore the jackets and evaluation on appearance fitness was conducted by 7 members in an expert panel group from August 10, 2015 to September 10, 2015. As a result of appearance fitness analysis on one-piece sleeve jacket, there were significant difference in 4 items among 17 items in terms of overall appearance. The appearance of jackets by draping had higher score than those using flat pattern. As for two-piece sleeve jacket, there were significant differences in 7 items among 17 items related to overall appearance. As for the items related to sleeve, 5 items out of 13 showed significant differences. Except for one item, appearance of jackets using draping had higher score than flat pattern. As for motion fitness, draping was evaluated to be more comfortable. Applying the items with high scores in appearance and motion fitness in draping to flat pattern, The study suggests a new jacket pattern development that would increase the satisfaction of consumers for future research.

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Plasticity Model for Directionality of Concrete Crack Damages (콘크리트 균열 손상의 방향성을 고려한 다중파괴기준 소성 모델)

  • Kim, Jae-Yo;Park, Hong-Gun
    • Journal of the Korea Concrete Institute
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    • v.19 no.5
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    • pp.655-664
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    • 2007
  • The inherent characteristic of concrete tensile cracks, directional nonlocal crack damage, causes so-called rotating tensile crack damage and softening of compressive strength. In the present study, a plasticity model was developed to describe the behavior of reinforced concrete planar members In tension-compression. To describe the effect of directional nonlocal crack damage, the concept of microplane model was combined with the plasticity model. Unlike existing models, in the proposed model, softening of compressive strength as well as the tensile crack damage were defined by the directional nonlocal crack damage. Once a tensile cracking occurs, the microplanes of concrete are affected by the nonlocal crack damage. In the microplanes, microscopic tension and compression failure surfaces are calculated. By integrating the microscopic failure surfaces, the macroscopic failure surface is calculated. The proposed model was implemented to finite element analysis, and it was verified by comparisons with the results of existing shear panel tests.