• Title/Summary/Keyword: Threshold regression

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Determination of the Threshold Stress Intensity Factor in Fatigue Crack Growth Test (피로균열성장시험에서 하한계 응력확대계수의 결정)

  • 허성필;석창성;양원호
    • Journal of the Korean Society of Safety
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    • v.15 no.3
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    • pp.1-6
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    • 2000
  • In fatigue crack growth test, it is important not only to analyze characteristics of fatigue crack growth but also to determine the threshold stress intensity factor, ${\Delta}K_{th}$. which is the threshold value of fatigue crack growth. Linear regression analysis using fatigue test data near the threshold is suggested to determine the ${\Delta}K_{th}$ in the standard test method but the ${\Delta}K_{th}$ can be affected by a fitting method. And there are some limitations on the linear regression analysis in the case of small number of test data near the threshold. The objective of this study is to investigate differences of the ${\Delta}K_{th}$ due to regression analysis method and to evaluate the relative error range of the ${\Delta}K_{th}$ in same fatigue crack growth test data.

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How Does Financial Development Impact Economic Growth in Pakistan?: New Evidence from Threshold Model

  • TARIQ, Rameez;KHAN, Muhammad Arshad;RAHMAN, Abdul
    • The Journal of Asian Finance, Economics and Business
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    • v.7 no.8
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    • pp.161-173
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    • 2020
  • This study examines the nonlinear relationship between financial development and economic growth in Pakistan using the threshold regression model for the period 1980-2017. We also employed quantile regression with 0.25, 0.50, and 0.75 quantiles of conditional distribution. The quantile regression is based on minimizing of sum of squared residuals. The result indicates that economic growth responds positively to financial development when the level of financial development surpasses the threshold value of 0.151. However, when financial development lies below the threshold value (that is, 0.151), its impact on economic growth is negative. Thus, when financial development of Pakistan surpasses the threshold level, it contributes more towards economic growth since greater level of financial development contributes more to boosts economic growth. This finding reveals that economic growth reacts differently to financial development, and the relationship between financial development and economic growth is U-shaped in Pakistan. Among the other variables, physical capital, labor force, and government expenditure exert a positive effect on economic growth. Furthermore, inflation rate and trade openness have an insignificant impact on economic growth. The results of quantile regression also confirm the non-linear relationship between financial development and economic growth in Pakistan. The finding of this study suggests revamping of financial sector policies in Pakistan.

Blur Detection through Multinomial Logistic Regression based Adaptive Threshold

  • Mahmood, Muhammad Tariq;Siddiqui, Shahbaz Ahmed;Choi, Young Kyu
    • Journal of the Semiconductor & Display Technology
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    • v.18 no.4
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    • pp.110-115
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    • 2019
  • Blur detection and segmentation play vital role in many computer vision applications. Among various methods, local binary pattern based methods provide reasonable blur detection results. However, in conventional local binary pattern based methods, the blur map is computed by using a fixed threshold irrespective of the type and level of blur. It may not be suitable for images with variations in imaging conditions and blur. In this paper we propose an effective method based on local binary pattern with adaptive threshold for blur detection. The adaptive threshold is computed based on the model learned through the multinomial logistic regression. The performance of the proposed method is evaluated using different datasets. The comparative analysis not only demonstrates the effectiveness of the proposed method but also exhibits it superiority over the existing methods.

A Bayesian Threshold Model for Ordered Categorical Traits (순서범주형자료 분석을 위한 베이지안 분계점 모형)

  • Choi Byangsu;Lee Seung-Chun
    • The Korean Journal of Applied Statistics
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    • v.18 no.1
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    • pp.173-182
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    • 2005
  • A Bayesian threshold model is considered to analyze binary or ordered categorical traits. Gibbs sampler for making full Bayesian inferences about the category probability as well as the regression coefficients is described. The model can be regarded as an alternative to the ordered logit regression model. Numerical examples are shown to demonstrate the efficiency of the model.

Effects of Wage on FDI Inflows Based on the Threshold of Institutional Quality

  • LEE, Sunhae;JEON, Young-Hoon
    • The Journal of Industrial Distribution & Business
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    • v.12 no.8
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    • pp.41-52
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    • 2021
  • Purpose: The study aims to analyze effects of wage on FDI inflows based on the threshold of institutional quality in 14 developing economies of Southeast and South Asia over the period from 2000-2017. Research design, data, and methodology: The study applies a fixed effect panel threshold regression. As a proxy for the institutional quality, it uses the six components of Worldwide Governance Indicators or a compound index obtained by an average of the six components. The data were taken from World Bank, the Chinn & Ito Database, and UNCTAD. To the best of our knowledge, no researches so far have considered the threshold of institutional quality in estimating the effect of wage on FDI inflows. Results: The composite index and each component of the six indicators of institutional quality except for voice and accountability, and regulatory quality are found to have nonlinear effects on FDI inflows. When the institutional quality is below the threshold, wage affects FDI inflows negatively. When the institutional quality is above the threshold, however, wage does not significantly affect FDI inflows. Conclusions: The effect of wage on FDI inflows varies depending on whether the institutional quality of the target countries is above or below the threshold.

Optimal Inflation Threshold and Economic Growth: Ordinal Regression Model Analysis

  • DINH, Doan Van
    • The Journal of Asian Finance, Economics and Business
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    • v.7 no.5
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    • pp.91-102
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    • 2020
  • The study investigates the relationship between the inflation rate and economic growth to find out the optimal inflation threshold for economic growth. Therefore, this study applied an ordinary least square model (OLS) and the ordinal regression model, and collected the time-series data from 1996 to 2017 to test the relationship between inflation and economic growth in the short-term and long-term. The sample fits the model and is statistically significant. The study showed that 96.6% of correlation between inflation rate and economic growth are close and 4.5% of optimal inflation threshold is appropriate for economic growth. It finds that the optimal inflation threshold is base to perform economic growth, besides the inflation rate is positively related to economic growth. The results support the monetary policy appropriately. This study identifies issues for Government to consider: have a comprehensive solution among macroeconomic policies, monetary policy, fiscal policy and other policies to control and maintain the inflation and stimulate growth; have appropriate policies to regulate inflation to stimulate economic growth over the long term; set a priority goal for sustainable economic growth; not pursue economic growth by maintaining the inflation rate in the long term, but take appropriate measures to stabilize the inflation at the optimal inflation threshold.

Analysis on the Adequate Level of R&D Investment in Small and Medium-sized Enterprises Using Threshold Regression (문턱회귀모형(threshold regression)을 활용한 중소기업의 적정 R&D 투자수준 분석)

  • Jung, Euy-Young;Baek, Chulwoo
    • Journal of Technology Innovation
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    • v.23 no.1
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    • pp.87-105
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    • 2015
  • This research confirms a non-linear relationship between R&D investment and performance of small and medium-sized enterprises and measures the adequate level as threshold value. Although previous studies did not consider the time lag and estimated indirectly the level using the R&D investment squared term, this study assumes 2 years time lag and uses the threshold estimation model to measure directly. We find that there is the S-curve relationship between the profit rate as R&D output and R&D intensity and the ratio of researchers to employees as R&D input. Also, we estimate the adequate levels of R&D investment, 6.4% for R&D intensity and 13% for the ratio of researchers to employees. This relationship and measurement of the level can offer basic facts and implications about R&D policy and strategy.

Determination of Significance Threshold for Detecting QTL in Pigs (돼지의 QTL 검색을 위한 유의적 임계수준(Threshold) 결정)

  • Lee, H.K.;Jeon, G.J.
    • Journal of Animal Science and Technology
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    • v.44 no.1
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    • pp.31-38
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    • 2002
  • Interval mapping using microsatellite markers was employed to detect quantitative trait loci (QTL) in the experimental cross between Berkshire and Yorkshire pigs. In order to derive critical values (CV) for test statistics for declaring significance of QTL, permutation test (PT) of Churchill and Doerge method(1994) and the analytical method(LK) of Lander and Kruglyak(1995) were used by each trait and chromosome. 525 $F_2$ progeny phenotypes of five traits(carcass weight, loin eye area, marbling score, cholesterol content, last back fat thickness) and genotypes of 125 markers covering the genome were used. Data were analyzed by line cross regression interval mapping with an F-test every by 1cM. PT CV were based on 10,000 permutations. CV at genome-wise test were 10.5 for LK and ranged from 8.1 to 8.3 for PT, depending on the trait. CV, differed substantially between methods, led to different numbers of quantitative trait loci (QTL) to be detected. PT results in the least stringent CV compared at the same % level.

Relationship Between Stock Price Indices of Abu Dhabi, Jordan, and USA - Evidence from the Panel Threshold Regression Model

  • Ho, Liang-Chun
    • The Journal of Industrial Distribution & Business
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    • v.4 no.2
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    • pp.13-19
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    • 2013
  • Purpose - The paper tested the relationship between the stock markets of the Middle East and the USA with the oil price and US dollar index as threshold variables. Research design, data, and methodology - The stock price indices of the USA, the Middle East (Abu Dhabi, Jordan), WTI spot crude oil price, and US dollar index were daily returns in the research period from May 21, 2001 to August 9, 2012. Following Hansen (1999), the panel threshold regression model was used. Results - With the US dollar index as the threshold variable, a negative relationship existed between the stock price indices of Jordan and the USA but no significant result was found between the stock price indices of Abu Dhabi and the USA. Conclusions - The USA is an economic power today:even if it has a closer relationship with the US stock market, the dynamic US economy can learn about subsequent developments and plan in advance. Conversely, if it has an estranged relationship with the US stock market, thinking in a different direction and different investment strategies will achieve good results.

Development of statistical forecast model for PM10 concentration over Seoul (서울지역 PM10 농도 예측모형 개발)

  • Sohn, Keon Tae;Kim, Dahong
    • Journal of the Korean Data and Information Science Society
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    • v.26 no.2
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    • pp.289-299
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    • 2015
  • The objective of the present study is to develop statistical quantitative forecast model for PM10 concentration over Seoul. We used three types of data (weather observation data in Korea, the China's weather observation data collected by GTS, and air quality numerical model forecasts). To apply the daily forecast system, hourly data are converted to daily data and then lagging was performed. The potential predictors were selected based on correlation analysis and multicollinearity check. Model validation has been performed for checking model stability. We applied two models (multiple regression model and threshold regression model) separately. The two models were compared based on the scatter plot of forecasts and observations, time series plots, RMSE, skill scores. As a result, a threshold regression model performs better than multiple regression model in high PM10 concentration cases.