• Journal of Korean Society of Transportation
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• v.28 no.3
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• pp.75-84
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• 2010

South Korea is seeking for a solution to the problems of traffic congestion and environment: the increase of bicycle use. However many people feel that using a bicycle is inconvenient. Therefore, we developed bicycle level of service model from the user's perspective so that the existing bicycle roads can be evaluated and improved. The purpose of this paper is to develop a bicycle level of service (LOS) model by considering user's satisfaction and multiple factors that affect bicycle LOS. Bicycle LOS criteria is estimated by applying an ordered probit model, which is suitable for research relating to choice. In addition, we determine the bicycle LOS using three-level(A-C) LOS structure from the user position considering the satisfaction level that people can distinguish clearly. The results show that the bicycle LOS is largely determined by the bicycle road width. Other factors are involved as well, including bicycle road type, the number of access and egress point on the bicycle road corridor, pedestrian volume, and frequency of meetings.

• International Journal of Highway Engineering
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• v.10 no.4
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• pp.199-211
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• 2008

This study deals with the side right-angle collisions of 4-legged signalized intersections in Cheongju. The goals are to analyze the characteristics of accidents and to find out the accident factors that affect severity using ordered probit model. In pursuing the above, the study uses the data of 580 side right-angle collisions occurred at the 181 intersections(2004-2005). The analyses show that more accidents were occurred in the nighttime and in going straight. The main cause was analyzed to be the red-light violation. Also, the main results of modeling are the following, First, the likelihood ratio index is 0.094 and t-ratio values that explain goodness of fit are significant. Second, minor road traffic volumes, minor road lanes, major road left-turn lanes, major road left-turn signal, major road yellow signal time, cross angle, major and minor road speed limits are significant factors affecting crash severities at signalized intersections.

• KSCE Journal of Civil and Environmental Engineering Research
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• v.38 no.6
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• pp.917-923
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• 2018

In recent, technological advancement including a vehicle black box (VBB) has led to reducing such underreporting issues and errors of crash data. The objective of this study is to analyze the injury severity of cyclists on taxi-to-two wheeler crashes based on the accurate crash data collected from the VBB in taxi. This study defined the two wheelers as bicycle and motorcycle. To perform this study, we used the VBB data collected from taxis operating in Incheon, South Korea for a two-year period (2010-2011). An ordered probit model was applied to analyze the injury severity in crashes. As a result, new injury severity factors were found: increase of the crash speed of taxi, damage of crash-involved vehicles (i.e., taxi and/or two wheeler), not standing of cyclists after crash, and second or third impact of cyclists after first crash.

• Journal of Labour Economics
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• v.29 no.1
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• pp.129-152
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• 2006

The purpose in this study is to analyze the effect of expected public pension assets (or social security wealth) and retirement incentives on retirement behaviors of two wage earners households. For the purpose of the study, an empirical analysis was conducted. In the empirical step, it was found that the empirical results were significant for men, but not for women namely, statistically asymmetric if behaviors of two couples are interdependent. The cause for the statistically asymmetric results were then determined. The Bivariate Probit model was used for estimation in the first step and the KLIPS(Korean Labor and Income Panel Study) was used as data for estimation. According to the empirical analysis, the results showed statistically significant asymmetry for men, however not for women, in expected public pension assets and other retirement incentives, non-wage assets, age difference, spouse's health status, spouse's monthly wages per hour and aging of their spouse In this study, cause of statistically asymmetric result in asymmetric complementarities of leisure of couples were found, then explained through different methods of comparison from the most recent studies. First, spouse's cross wage elasticity of self leisure demand(retirement) was calculated and determined whether complementarities of leisure of couples is positive or negative. Then, the degree of complementarities of leisure was distinguished in comparison with the relative size of two cross elasticities. Thus, men have relatively strong complementarities of leisure. But for women, it may roughly cancel out due to the substitution effect and the income effect. Therefore, women have relatively weak complementarities of leisure.

• Journal of Cadastre & Land InformatiX
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• v.48 no.1
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• pp.35-53
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• 2018

Recently, there is a growing interest in housing policy to prepare for the aging society. The purpose of this study is exploring the factors that explain housing consumption and adjustment of pre-retirees after retirement. 1,351 samples were collected from A bank and analyzed. There categories of housing consumption adjustment were considered including downsizing, maintain, and upsizing. Gender, educational level, housing size, housing type, asset size, and willingness to work after retirement were examined to see if they can explain the housing consumption adjustment of pre-retirees using orderd- probit model. The finding of this study is that housing size, asset size, and willingness to work after retirement statistically significantly explain the housing consumption adjustment. At specific, firstly, if the current size of the housing is relatively large, it is highly likely to downsize housing after retirement. Second, pre-retiree whose assets exceeded 1 billion won were more likely to scale up housing than assets of over 300 million to less than 500 million won. Lastly, unless there is absolutely no willingness to work after retirement, it is indicated that it intends to up-sizing consumption rather than down-sizing adjustment. The results of this study can provide useful information for the housing policy in order to prepare for the (post) aged society.

• Journal of Digital Convergence
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• v.14 no.5
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• pp.107-116
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• 2016

This study was conducted to propose creative innovation systems. The effect that cooperation network factors of innovation system in telecommunications sector called typical knowledge industry have on technological innovation was examined. We used the Korea Corporate Innovation Survey (KIS) Data for this study, it has to apply the OECD NESTI-WPIA methodology for probit analysis. The analysis derived the following findings. First, cooperation between the principal innovations in the telecommunication information generally have a positive impact on innovation. Second, cooperation with private institutions have an important role in technological innovation. Third, the various cooperation exerts a positive impact on innovation and has a greater impact on practical innovation in a low creativity level. With this result, it seems that our technological innovation policy should follow a direction of building corporatist-type system to establish cooperation promotion, privately led innovation, and a variety of opinions.

• Journal of Digital Convergence
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• v.15 no.11
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• pp.175-185
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• 2017

This paper aims to determine whether the changes in management performance of domestic agricultural cooperatives had an effect on the election results of Korean Agricultural Cooperatives in 2015. Financial performance data (2012-2015) prior to the Nation-wide Cooperatives elections in 2015 were reviewed to determine the impact of the election outcome on the election results. 2SLS Probit regression analysis shows that the significant parameters for incumbent president turnover in the 2015 election were the candidates' age, net profit decrease in 2014, and ROA comparison to similar asset-size group. These results support the conclusion that the union members of KAC consider whether the age of president is over 60, whether the net profits of the cooperatives are worse than the previous year, and compare the results of similar groups' managerial performance (ROA).

• Journal of the Korea Academia-Industrial cooperation Society
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• v.21 no.11
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• pp.264-272
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• 2020

In this study, for the people who turned or returned to farming (the "Returnees"), information provision measures were sought, focusing on "farmland," for their difficulties in the settlement phase and finding a way for their new agricultural companies to settle in the farming business stably. For this purpose, this study considered endogeneity using a bivariate probit model. According to the results of the study, first, there is a strong positive correlation between the difficulty of securing farmland and the demand for providing farmland information in the settlement phase. Therefore, to ensure the stable settlement of the Returnees, it is necessary to actively respond to their demand through the provision of farmland information. Second, for young returnees, the probability of encountering difficulties in securing farmland is high during the settlement phase. Third, if the young returnees returned to farming after seeing the possibility of agricultural development, the possibility of securing farmland in the settlement stage decreases, and although there was no statistical significance, the demand for farmland information also decreases. Fourth, it was found that if the returnees intend to expand the scale of farming in the future, it is difficult to secure farmland in the settlement phase, and the demand for farmland information also increases.

• Journal of the Korean Institute of Gas
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• v.3 no.2 s.7
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• pp.77-84
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• 1999

The XX company that is handling the class IV hazardous materials, located in Bu-Chon City and the LPG station in front of the XX company which is about 20 meters apart, was chosen as the standard model for this study In carrying out the consequence analysis, PHAST and Super-Chems were used for the study and utilizing the output of the simulation, we have evaluated the consequences throughout the probit analysis and explosion overpressure analysis. In case of Acetone, the effect distance of the damage on facilities-that is the result of radiation heat flux of $37.5kW/m^2$ by TNO model-is 68.51m by PHAST model and 40.93m by Super-Chem model. The risk assessment of the LPG station which is based on the explosion resulted as the analysis of the fire ball showed the diameter 125.2m, the height 206.2m and the duration 11.28sec and the effect distance for the radiant heat flux $37.5kW/m^2$ was 137.0m.

• The Korean Journal of Financial Management
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• v.19 no.2
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• pp.233-251
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• 2002

본 연구는 우리나라를 대상으로 장단기 스프레드와 신용스프레드가 경기변동에 대해 어떠한 예측력을 갖고 있는가를 살펴보았다. 이를 위해 1991년부터 2001년까지를 분석기간으로 하여 Probit 분석을 통해 금리스프레드와 경기변동과의 시차 및 불황확률을 추정하여 평가해 보았으며, 인과관계 검정을 시도해 보았다. 우선 금리스프레드와 경기변동에 대한 불황확률을 알아보기 위해서 Probit 모형을 이용하여 불황확률을 추정하였다. 그 결과 장단기 금리스프레드 중에서는 5년 만기 1종 국민주택채권수익률-콜금리(HCS)는 3개월, 5년 만기 1종 국민주택채권수익률-1년 만기 금융채수익률(HGS)은 7개월, 5년 만기 1종 국민주택채권수익률-1년 만기 통안증권수익률(HMS)은 9개월의 시차를 보이는 경우가 Pseudo $R^2$ 값이 가장 높게 나타났지만 불황확률을 토대로 경기 호황과 불황 국면을 비교해 본 결과 HMS는 Pseudo $R^2$의 값도 상대적으로 높았을 뿐만 아니라 매우 높은 경기변동 예측력을 보여주었다. HCS와 HGS의 경우에는 IMF 체제 전후의 불황기와 그 이후에 도래한 호황기는 예측력이 높게 나타났으나 1990년대 초반에는 제대로 불황확률을 예측하지 못하는 것으로 나타났다. 또한 3년 만기 회사채수익률-5년 만기 국민주택채권수익률(CHS)와 3년 만기회사채수익률 -3년 만기 금융채수익률(CGS)로 나타낸 신용 스프레드에서는 유의적인 결과를 도출하지는 못하였다. 한편 인과관계에서도 HCS, HGS, HMS 등의 장단기 스프레드는 경기변동에 대하여 일방적 원인변수로 작용하는 것으로 나타나 선행결합관계를 보여주었으나 CHS, CGS 등의 신용스프레드는 경기변동과 어떠한 유의적인 결합관계도 보여주지 못하였다. 따라서 장단기 스프레드는 경기변동을 예측하는데 유용한 정보를 제공하지만 신용스프레드는 경기변동을 예측하는데 도움을 주지 못하는 것으로 나타났다.