• 제목/요약/키워드: economic factors

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Analysis the Determinants of Risk Factor Model for the Jordanian Banking Stocks

  • GHARAIBEH, Omar Khlaif;AL-QUDAH, Ali Mustafa
    • The Journal of Asian Finance, Economics and Business
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    • 제7권12호
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    • pp.615-626
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    • 2020
  • The purpose of this study is to analyze the determinants of risk factor model for the Jordanian banking stocks from 2006 to 2018. This study employs the Five-factor Fama and French's (2015) methodology and uses the annual returns of all Jordanian banks including 2 Islamic and 13 commercial banks listed on the Amman Stock Exchange (ASE) over a period of 13 years. The results show that the factors of value and profitability have an important role in evaluating the expected return in Jordanian banking stocks. Moreover, the value HML and profitability RMW factors provide the highest cumulative returns among these five factors, while the investment CMA and size SMB factors are still around zero cumulative returns. For the market factor, it provides the least negative cumulative returns. The results showed that the largest correlation is between value and investment factors which means that banks with a high book to market value become banks with a conservative investment strategy. The result of the sub-periods confirmed the value and profitability results. The findings of this study suggest that the five-factor Fama and French model is the choice of building an investment portfolio, especially the factors of value and profitability.

저소득층 가정 아동.청소년의 우울에 영향을 미치는 자아관련 변수와 부모관련 변수의 분석 (The Influence of Self-Related & Parental Factors on the Depression of Adolescents from a Low Social Economic Status Background)

  • 문지혜;윤혜경;박혜원
    • 대한가정학회지
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    • 제49권6호
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    • pp.57-66
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    • 2011
  • This study investigated the self-related and parental factors that influence depression in 204 adolescents from a low social economic status background. The self-related factors were self-trust and emotional regulation, and the parental factors were parental concern and domestic violence. The results showed that girls were more likely to be depressive, but had better emotional regulations and a closer relationship with their parents than boys. There was no significant difference between age groups with respect to parental concern, self-trust and emotion regulation. It was also found by regression analyses that girls' depression was predicted by both emotional regulation and parental concern while boys' depression was predicted only by self-trust. The finding suggested that intervention for boys' depression has to focus more on intrapersonal factors, but should emphasize interpersonal factors for girls.

학술지 이용 가치에 영향을 미치는 요인 분석 (Factor Analysis on Use Value of Academic Journals)

  • 김희섭;이세은;황혜경
    • 정보관리학회지
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    • 제25권3호
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    • pp.339-355
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    • 2008
  • 이 논문은 학술지가 지니는 다양한 속성들(내부적인 요소, 외부적인 요소, 그리고 요구론적 요소)이 학술지의 이용 가치에 어떠한 영향을 미치는 지에 대한 실증적 사례분석을 목적으로 하였다. 이 사례연구의 방법은 웹 질문지법을 채택하였으며, K기관 원문서비스 이용자와 DDS 담당자들을 대상으로 수집된 총 383개의 유효한 데이터를 분석하였다. 학술지의 내부적인 요소(즉, IF, 학술지 가격, 사용언어)가 학술지 이용가치에 영향을 미치는 것으로 나타났고, 학술지의 외부적인 요소와 요구론적 요소는 학술지 이용가치에 별다른 영향을 미치지 않는 것으로 나타났다.

근로자의 우울 관련 요인: 사회경제적 특성, 건강행태, 근무환경을 중심으로 (Factors Associated with Depression among Workers by Socio-economic Factors, Health Behaviors, and Characteristics of Work Environment)

  • 이현경;손민성;최만규
    • 보건교육건강증진학회지
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    • 제30권5호
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    • pp.125-138
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    • 2013
  • Objectives: The purpose of this study is to analyze factors associated with depression among workers in South Korea by socio-economic factors, health behaviors, and working conditions. Methods: Study subjects include 4,251 adults (19 and older) who are currently working using the data from 2009 National Health and Nutrition Survey. Data were analyzed using frequency test, $X^2$ test, and multiple logistic regression. Results: Multiple logistic regression analysis showed that gender (OR=1.91, p<.001), age (OR=1.53, p=.030), marital status (31-39: OR=1.88, p=.029) were significantly related to depressing among socio-economic factors. Next, among health behaviors factors, perceived health status (Poor: OR=1.76, p=.049; Very poor: OR=3.46, p=.002) was statistically significant. Among characteristics of work environment, trust and respect (OR=1.34, p=.049) and working with hidden emotion (OR=1.88, p<.001) were significantly related to depression. Conclusions: In order to manage and reduce depression among workers, it is important to develop appropriate mental health promotion programs both in work places and in regulations.

소비에 대한 요인별 세계화의 영향 분석 (The Influences of the Globalization Factors on Consumption)

  • 윤재형
    • 아태비즈니스연구
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    • 제10권4호
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    • pp.119-135
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    • 2019
  • This study analyzes the effects of trade globalization and financial globalization on consumption classified by type(durable, quasi-durable, non-durable and service). On the other hand, trade globalization and financial globalization were decomposed into OECD common factor, regional factors, and the idiosyncratic country-specific factors by time-varying dynamic factor analysis. The characteristics of OECD common factor, regional factors, and the idiosyncratic country-specific factors of trade and financial globalization were analyzed. Furthermore, the influences of these factors on consumption by type were analyzed. The analysis shows that globalization has negative effects on consumption. In particular, we found out that the idiosyncratic country-specific factor of Korea in trade and financial globalization had a statistically significant negative effect on consumption. We can infer that the globalization affecting consumption can be attributed to the idiosyncratic country-specific factor, which is economic choice rather than uncontrollable global trend. Accordingly, to solve the sluggish consumption problem caused by globalization, it is necessary to require not only domestic consumption expansion policies but also the efforts to resolve economic polarization problems to be able to stimulate consumption.

중년층의 은퇴설계 및 노후 경제적 준비 여부에 영향을 미치는 요인 (Factors that Influence Middle-aged People's Retirement Planning and Financial Preparation for Old Age)

  • 홍성희
    • 가족자원경영과 정책
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    • 제22권2호
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    • pp.25-43
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    • 2018
  • The purpose of this study was to analyze the factors that influence middle-aged people's retirement planning and financial preparation for old age. The data was derived from "the National Survey of Families 2015". The samples included 1,462 people from 40 to 64 years of age. The findings from the analysis showed that the level of retirement planning was significantly associated with gender, age, education level, employment status, monthly family income, monthly expenditure on spending to support parents, and perceived household economic condition. When the samples were divided by sex, the results showed that the perceived household economic condition was the most significant factor for both men and women's level of retirement planning. Age and education level were the significant factors for women's level of retirement planning but not for men's. Logistic regression was used to analyze whether middle-aged people made financial preparation for old age. For the whole sample, whether or not a person was a regular employee, monthly family income, monthly expenditure on supporting parents, perceived household economic condition, and retirement planning were significant variables in determining financial preparation. For men, whether or not a person was a regular employee, monthly family income, perceived household economic condition, and retirement planning were significant factors, for women whether or not a person was a regular employee, and retirement planning were the significant factors in determining financial preparation. The results implied that retirement planning is needed for middle-aged people to prepare for old age financially while the financial preparation should differ depending on sex.

Risk factors limiting first service conception rate in dairy cows and their economic impact

  • Kim, Ill Hwa;Jeong, Jae Kwan
    • Asian-Australasian Journal of Animal Sciences
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    • 제32권4호
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    • pp.519-526
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    • 2019
  • Objective: We determined the risk factors limiting first service conception (FSC) rate in dairy cows and their economic impact. Methods: Data were collected from 790 lactations regarding cow parity, peri- and postpartum disorders, body condition score (BCS), reproductive performance, and expenses associated with reproductive management (treatment, culling, and others). Initially, we identified the risk factors limiting FSC rate in dairy cows. Various biological and environmental factors, such as herd, cow parity, BCS at 1 month postpartum and first artificial insemination (AI), resumption of cyclicity within 1 month of calving, year, AI season, insemination at detected estrus or timed AI, peri- and postpartum disorders, and calving to first AI interval, were evaluated. Next, we evaluated the economic impact of the success or failure of FSC by comparing the expense associated with reproductive management until conception between cows that did or did not conceive at their first service. Results: Cows with BCS <3.0 had a lower probability of conceiving at first insemination (odds ratio [OR] = 0.64, p<0.05) than cows with $BCS{\geq}3.0$. Cows inseminated during summer were less likely to conceive (OR = 0.44, p<0.001) than cows inseminated during spring. Cows with peri- or postpartum disorders were less likely to conceive (OR = 0.55, p<0.001) than cows without disorders. Survival curves generated using MedCalc showed an 81 day extension in the mean interval between calving and conception in cows that failed to conceive over those that did conceive at first insemination. Cows failing conceive required additional expenditure on reproductive treatment ($55.40) and other management ($567.00) than cows that conceived at first insemination. Conclusion: Lower BCS, hot weather at first insemination, and peri- and postpartum disorders are risk factors limiting FSC, which result in an economic loss of $622.40 per dairy cow.

공공서비스의 공유경제 서비스모델 도입 위한 중요요인 분석 -우체국 서비스를 중심으로 (Service model development and importance analysis using shared economic service - As a specialization center for mail service)

  • 박성환;임춘성
    • 한국융합학회논문지
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    • 제10권5호
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    • pp.181-188
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    • 2019
  • ICT기술을 기반으로 공유경제 서비스시스템을 사람들이 손쉽게 사용할 수 있다. 대부분의 공유경제 서비스는 민간기업에서 제공하고 있으며, 공공재에서의 논의는 미진하다. 현재 진행되는 공유경제 서비스를 택배서비스 관점에서 본다면 우버의 시스템이 대안이 될 수 있다. 우체국의 택배서비스는 ICT기술을 이용하지만 공유경제의 서비스와는 차이가 있다. 본 연구는 델파이 분석기법과 AHP방법론을 사용하여, 공유경제 시스템을 도입하는데 있어서 중요요인들을 도출하였다. 그 결과 상위계층에서는 사회경제적 특성이 가장 중요한 것으로 나타났으며, 하위계층에서는 공유경제 플랫폼, 유휴자원의 공유, 스마트폰의 대중화, 전자상거래의 증가가 4가지 중요 요인임을 알 수 있었다. 이 연구를 통해서 공유경제의 본질인 '효율의 극대화'를 위해서 공공재에 공유경제 시스템에 도입의 필요성과 도입 시 중요요인에 대해서 제시하고 있다.

Effects of noe-economic factors on the cyclcal fluctuations of price level in Korea

  • Yoon, Suk-Bum
    • Journal of the Korean Statistical Society
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    • 제3권1호
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    • pp.17-30
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    • 1974
  • There are a number of studies on the peculiarities of inflation in underdeveloped economies. These studies are, however, confined to the cases of Latin American countries, and the essence of methodologies applied in the studies is basically estimations of linear parameters of an extended quantity equation with lagged variables. As it is generally observed, inflation in most of underdeveloped economies are, to some extent, affected by non-economic factors such as political instability, social disorder, abrupt institutional changes, etc. Sometimes, these factors underlying the basic movement of price level change are reflected in such variables as quantity of money supply, income velocity, gross national product.

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Economic Factors as Major Determinants of Ustekinumab Drug Survival of Patients with Chronic Plaque Psoriasis in Korea

  • Choi, Chong Won;Yang, Seungkeol;Jo, Gwanghyun;Kim, Bo Ri;Youn, Sang Woong
    • Annals of dermatology
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    • 제30권6호
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    • pp.668-675
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    • 2018
  • Background: Drug survival, defined as the time until discontinuation, is a parameter reflecting real-world therapeutic effectiveness. Few studies have examined the influence of economic factors on the drug survival of biologic agents for psoriasis, particularly in Asian countries. Objective: To determine the drug survival for ustekinumab in real-life settings and investigate the factors affecting drug survival for psoriasis patients in Korea. Methods: We evaluated 98 psoriasis patients who were treated with ustekinumab at a single center. We analyzed the efficacy and drug survival of ustekinumab. Cox proportional hazard analysis and competing risk regression analysis were performed to reveal the factors affecting the drug survival of ustekinumab. Results: The overall mean drug survival was 1,596 days (95% confidence interval [CI], 904~2,288). Among the 39 cessations of ustekinumab treatment, 9 (23.1%) patients discontinued treatment after experiencing satisfactory results. Multivariate Cox proportional hazard analysis revealed that paying on patients' own expense was the major predictor for the discontinuation of ustekinumab (hazard ratio [HR], 9.696; 95% CI, 4.088~22.998). Competing risk regression analysis modeling of discontinuation because of factors other than satisfaction of an event also revealed that ustekinumab treatment at the patient's expense (HR, 4.138; 95% CI, 1.684~10.168) was a predictor of discontinuation rather than satisfaction. Conclusion: The results of our study revealed that the cost of biologics treatment affects the drug survival of ustekinumab and suggested that economic factors affect the drug survival of ustekinumab treatment in Korea.