• 제목/요약/키워드: dependent variable

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The Impact of Housing Price on the Performance of Listed Steel Companies Evidence in China

  • Huang, Shuai;Shin, Seung-Woo;Wang, Run-Dong
    • Asia-Pacific Journal of Business
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    • v.11 no.2
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    • pp.27-43
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    • 2020
  • Purpose - This study explores the impact of the real estate industry on related industries for the perspective of Chinese steel companies. Design/methodology/approach - The impact of housing prices on the 41 listed steel companies' performance was analyzed by using the panel data model. We used two kinds of housing price indexes that are set in the panel data models to estimate the range of the real estate market, driving the performance growth of steel listed companies. Moreover, the net profit of steel companies is used as the dependent variable. To test the stability of the model, ROA used as a dependent variable for the robustness test. Also, to avoid the time trend of housing prices, this paper selects the growth rate of housing prices as the primary research variable. After Fisher-type testings, there is no unit root problem in both independent and dependent variables. Findings - The results indicated that the rise in the housing price has a positive influence on the steel company performance. When the housing price increases by 1%, the net profit of steel enterprises will increase by 5 to 20 million yuan. Research implications or Originality - In this paper, empirical data at the micro-level and panel model are used to quantify China's real estate industry's driving effect on the iron and steel industry, providing evidence from the microdata level. It helps us to understand further the status and role of China's real estate industry in the economic structure.

Exploration of CHAID Algorithm by Sampling Proportion

  • Park, Hee-Chang;Cho, Kwang-Hyun
    • 한국데이터정보과학회:학술대회논문집
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    • 2003.10a
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    • pp.215-228
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    • 2003
  • Decision tree algorithms are used extensively for data mining in many domains such as retail target marketing, fraud dection, data reduction and variable screening, interaction effect identification, category merging and discretizing continuous variable, etc. CHAID(Chi-square Automatic Interaction Detector), is an exploratory method used to study the relationship between a dependent variable and a series of predictor variables. CHAID modeling selects a set of predictors and their interactions that optimally predict the dependent measure. In this paper we explore CHAID algorithm in view of accuracy and speed by sampling proportion.

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A Robust Global Exponential Stabilization of Uncertain Affine MIMO Nonlinear Systems with Mismatched Uncertainties by Multivariable Sliding Mode Control (다변수 슬라이딩 모드 제어에 의한 부정합조건 불확실성을 갖는 다입출력 비선형 시스템의 강인그로벌 지수 안정화)

  • Lee, Jung-Hoon
    • The Transactions of The Korean Institute of Electrical Engineers
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    • v.60 no.9
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    • pp.1754-1760
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    • 2011
  • In this paper, a systematic design of a robust nonlinear multivariable variable structure controller based on state dependent nonlinear form is presented for the control of MIMO uncertain affine nonlinear systems with mismatched uncertainties and matched disturbance. After a MIMO uncertain affine nonlinear system is represented in the form of state dependent nonlinear system, a systematic design of a robust nonlinear variable structure controller is presented. To be linear in the closed loop resultant dynamics, the linear sliding surface is applied. A corresponding diagonalized control input is proposed to satisfy the closed loop global exponential stability and the existence condition of the sliding mode on the linear sliding surface, which will be investigated in Theorem 1. Through a design example and simulation study, the usefulness of the proposed controller is verified.

A Research on Impact of the Inter-Firm Relationship Formation Factors upon Business Performance : Primarily on the Ocean Shipping Service Market (기업간 관계형성의 영향요인이 기업성과에 미치는 영향에 관한 연구 -해운서비스 매매기업을 중심으로-)

  • 신희철;신한원;최영로
    • Proceedings of the Korean Institute of Navigation and Port Research Conference
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    • 2004.04a
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    • pp.321-332
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    • 2004
  • The purpose of this research is to introduce the concept of "relationship formation factors" in inter-firm relations and to empirically demonstrate that they are effective in improving the relationship results by means of anmediating variable. Therefore, the basic model of this study consists of the independent, mediating, and dependent variables. First, the independent variable, that is, the relationship formation factors, is further classified into three components: transactional, relational, environmental characteristics. Then, the study empirically examines how each of the three components influences the dependent variable, that is, the business performance(Load Factor), by way of the mediating variables, that is, trust and relationship commitment.

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Model Misspecification in Nonstationary Seasonal Time Series

  • Sung K. Ahn;Park, Young J.;Cho, Sin-Sup
    • Journal of the Korean Statistical Society
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    • v.27 no.1
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    • pp.67-90
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    • 1998
  • In this paper we analytically study model misspecification that arises in regression analysis of nonstationary seasonal time series. We assume the underlying data generating process is a seasonally or a regularly and seasonally integrated process. We first study consequences of totally misspecified cases where seasonal indicator variables, a linear time trend, or another statistically independent seasonally integrated process are used as predictor variables in order to model the nonstationary seasonal behavior of the dependent variable. Then we study consequences of partially misspecified cases where the dependent variable and a predictor variable are cointegrated at some, but not all of the frequencies corresponding to the nonstationary roots.

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Optimal Process Condition for Products with Multi-Categorical Ordinal Quality Characteristic (다범주 순서형 품질특성을 갖는 제품의 최적 공정조건 결정에 관한 연구)

  • Kim Sang-Cheol;Yun Won-Young;Chun Young-Rok
    • Journal of Korean Society for Quality Management
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    • v.32 no.3
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    • pp.109-125
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    • 2004
  • This paper deals with an optimal process control problem in production of hull structural steel plate with high defective rate. The main quality characteristic(dependent variable) is the internal quality(defect) of plates and is dependent on process parameters(independent variables). The dependent variable(quality characteristics) has three categorical ordinal data and there are 35 independent variables(29 continuous variables and 6 categorical variables). In this paper, we determine the main factors and to develop the mathematical model between internal quality predicted probabilities and the main factors. Secondly, we find out the optimal process condition of main factors through analysis of variance(ANOVA) using simulation. We consider three models to obtain the main factors and the optimal process condition: linear, quadratic, error models.

Stochastic Combat Simulation with Variable Hit Probabilities (명중확률의 변화를 고려한 확률과정 전투 시뮬레이션)

  • 홍윤기
    • Journal of the military operations research society of Korea
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    • v.27 no.2
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    • pp.76-87
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    • 2001
  • The effect of variable hit probabilities in the stochastic duel are examined. The objective of this study is to evaluate the outcomes of combat under the situations which we assume either round dependent hit probabilities or time dependent hit probabilities. Due to the complexity of an analytic approach to large-sized battles, a simulation modeling technique has been introduced. several specific examples are demonstrated fire allocation strategies. Output measures are compared among cases each with its own type of hit probability fashion such as constant, round to round, or time dependent manners. For these specific cases, the advantages of round to round improvement or increasing function of time for the hit probability are displayed.

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The Problems Which Appeared in 13 Year Old Pupils' Performing Experiment of Textbook: Pupils' Suggested Aims, Their Identifying Relevant Variables, and the Relations between the Suggested Aims and the Drawn Conclusions (중학생의 교과서 실험 수행에서 나타난 문제점:실험 목표와 관련 변인 인식 및 인식한 목표와 도출된 결론의 관련성)

  • Kim, Jae-Woo;Oh, Won-Kun
    • Journal of The Korean Association For Science Education
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    • v.18 no.1
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    • pp.35-42
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    • 1998
  • To investigate 13 year old pupils' suggested aims, recognition of relevant variable, and the relationship between the suggested aim and the conclusion which is drawn by pupils, we classified experiments in textdbook into three cases: (1) Case involving dependent variable and independent variable in the title of experiment, (2) Case involving dependent variable only, where pupils can know independent variable from the content of textbook, (3) Case involving dependent variable only, where pupils hardly can know independent variable from the content of textbook. In respect of the aims which pupils suggested, the suggested aims were reduced to the title of experiment in case(1). However, the suggested aims were divided into several forms which is not relevant to the content of experiment in case (2), (3). This shows that pupils are affected by the title of experiment according to how the variable is involved in the title of experiment. This is supported by the fact that when the variable is described in the title, the suggested aim is reduced to the title of experiment. On the other hand, there was a relationship between the suggested aim and the drawn conclusion in case (1). But there was few relationships in case (2) and (3). Surprisingly, the drawn conclusion in case(1) was not consistent with the expected one because of the inappropriate experimental setting. We need to be more careful in experimental setting, pupils' cognitive ability, and openness of experiment to help pupils perform experiment successfully.

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Influence of Relationship Factors on Collaborative IT Activities and Firm Performance (기업간 관계요인이 협업적 IT 활동과 기업성과에 미치는 영향)

  • Jang, Si-Young;Choi, Young-Jin
    • Korean Management Science Review
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    • v.23 no.2
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    • pp.1-16
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    • 2006
  • With the diffusion of the Internet, firms try to electronically collaborate with their partners in order to cut costs and gain profits. This, electronic Partnership, called 'Collaborative IT' is quite popular between large purchase enterprises and small-to-medium sized sub-contractors. This study investigates such relations. This study proposes three groups of research variables-interorganizational relationship, collaborative IT activity, and firm performance. the interorganizational relationship consists of trust, commitment, and asymmetry of commitment. Collaborative IT activity is composed of information sharing and workflow integration. The ultimate dependent variable is firm performance. It is hypothesized that the relationship factors influence the level of collaborative IT activity, while the latter in turn affects the firm performance. The relationship factors nay also directly affect the dependent variable. In addition, collaborative IT motive, as a moderating variable, may influence the causal relationship. By means of survey, ore hundred and eighty-two responses were obtained. Most sample companies are small-sized, in the manufacturing sector. The analysis of data reveals that both trust and commitment positively affects the level of collaborative IT activity, while asymmetry of commitment has negative effects. The workflow integration is significantly related with firm performance. Information sharing, however, has no signific3nt effects. Furthermore, asymmetry of commitment shows reverse relationship with firm performance. Collaborative IT motive works as a moderating variable between information sharing and firm performance. Finally, workflow integration is believed to mediate between relationship factors and firm performance.