• Journal of Korean Society of Transportation
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• v.29 no.2
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• pp.15-24
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• 2011

This study discusses an equity analysis performed to supplement the existing bus service evaluation system. The equity of 179 feeder bus routes in the city of Seoul(Year 2009) is analyzed by employing the modified BCC model along with the desirable inputs such as a number of bus stops and a frequency of operations. In the analysis, each DMU (Decision Making Unit) is assumed to use the desirable inputs, and produces both the index of equity and the index of accessibility. We apply an input-oriented modified BCC model to analyze the equity of the DMUs. The computational result indicates that only 9% of the feeder bus routes are equitable among the total DMUs and the average equity estimate is 0.702. It is also suggested that on average approximately 60% increases of desirable inputs (i.e., a number of bus stops and a frequency of operations) are needed in order to improve equity of DMU in the city of Seoul. The result of the tobit regression analysis on the determinant factors affecting the equity of DMUs shows that all the independent variables (i.e., a number of bus stops and a frequency of operations) are statistically significant at 5% significance level, and the number of bus stops is found to be the most influential factor.

• Journal of Korean Society of Transportation
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• v.27 no.6
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• pp.45-53
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• 2009

This study presumes the efficiency of each route by utilizing data of Seoul's exclusive bus routes for the 2008 and the DEA model. In the estimation, it is assumed that the number of passengers and profits of each route is calculated by considering the number of buses and stops, travel distance, intervals and management cost. This study computed the efficiency scores of each bus line in Seoul based on the data for the first half of 2008 and one of the DEA models, namely the BCC model. After analysis using the input-oriented BCC model, out of a total of 18 lines of interest, there were 2 CRS lines and 16 IRS lines. Also, the Tobit Regression Analysis that helps identify the impact of the elements used in the analysis on efficiency scores proved that the most influential element to exclusive buses is the length of intervals.

• Journal of Korean Society of Transportation
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• v.28 no.5
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• pp.43-54
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• 2010

In order to improve the existing evaluation system of bus services and gain more reasonable analysis outputs, the authors evaluate the efficiency of 113 arterial bus routes in Seoul in 2009 using a modified BCC model considering not only desirable outputs but also undesirable outputs. Each Decision Making Unit (DMU) is assumed to use inputs such as possession costs, operating costs, the ratios of median bus stops overlapped route lengths to produce estimates of desirable outputs (the number of passengers and service satisfaction score) and undesirable outputs (CO2 emissions). According to the analysis, the modified BCC model considering both desirable outputs and undesirable outputs shows more appropriate results. DMUs would be more efficient on average to reduce nearly 10% of the 3 inputs (possession costs, operating costs, and overlapped route lengths) and increase by about 160% the ratios of median bus stops. Also, a Tobit regression analysis is conducted to identify the most effective variables for maximum efficiency and discover that the variable of possession costs and the ratios of median bus stops are statistically significant.

• Korean Journal of Social Welfare Studies
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• v.48 no.3
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• pp.117-143
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• 2017

This study empirically analyzed the factors that intensify the unequal distribution of relational goods through the decomposition of relational gaps and the actual condition of relational goods. The results of the analysis are as follows. First, the average time for forming a relationship with family members or others is 158 minutes in 24 hours a day. Second, tobit regression analysis showed that relational goods time increased as they were employed, more family members, and ownership of their home. On the other hand, relational goods decreased when they were female, double-working, aged, divorced, and increased working time. The increase in household income decreased family relational goods, but increased the time with others. Based on the results of this analysis, this study proposed reduction of working time as a way to increase the happiness by sharing the relationship with meaningful people.

• The Journal of the Korea Contents Association
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• v.20 no.4
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• pp.159-168
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• 2020

This study aims to utilize DEA, analyze the efficiency of Korean coffee franchises, look into the factors that affect efficiency, and improve the efficiency of Korean coffee franchises. The main results of this study are as follows. First, according to CCR model standards, there are a total of 9 efficient coffee franchises and according to BCC model standards, there are a total of 12 efficient coffee franchises. A total of three of the inefficient DMUs were found to have a value of 1 for BCC, while the other 25 were found to be inefficient for both technology and scale. Second, of 28 franchises, 11 were analyzed to be decreasing return to scale and through future increased investments of optimum levels, business performance can be improved and efficiency can be enhanced. Analysis showed that 9 franchises appeared as CRS and it is most ideal to maintain the yield of future output elements at current levels and the work efficiency of 8 franchises in increasing returns to scale states expands as production scales increase according to specialization and role division and yield can relatively improve a lot. Third, the analysis of factors affecting the efficiency of franchises through the Tobit regression analysis showed that the number of franchises and operating periods had a positive (+) effect on efficiency. Based on this study, the efficiency of coffee franchises should be analyzed to establish strategies to maximize efficiency. Based on this study, the efficiency of coffee franchises should be analyzed to establish strategies to maximize efficiency.

• The Korean Journal of Financial Management
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• v.23 no.2
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• pp.57-83
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• 2006

The purpose of this paper is to analyze the efficiency and productivity change and inefficiency cause of the korean non-life insurance companies of the before($1993{\sim}1996$) and after($1998{\sim}2004$) of IMF. we use DEA (Data Envelopment Analysis) model to measure company efficiency and MPI(Malmquist productivity indices) to measure company productivity change and Tobit regression to analyze inefficiency cause. we utilize ten non-life insurance companies in korea and the time-series data for eleven from 1993 to 2004 except 1997. The empirical results show the following findings. First, total cost efficiency shows that the after of IMF decrease of 3.7% over the before of IMF and MPI change indicates that the after of IMF increase 7.7% over the before IMF. Second, the results of Tobit regression to analysis the cause of inefficiency show that total cost efficiency is positively related invested assets, acquisition expenses ratio, collection expenses ratio and is negatively related solicitors ratio, personnel expenses ratio, land & buildings expenses ratio, loss ratio, net operating expenses ratio. Especially inefficiency of small-to-mid sized companies is main cause of total cost efficiency of non-life insurance companies in korea. Small-to-mid sized companies endeavored various aspects of business strategies.

• Journal of Navigation and Port Research
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• v.45 no.6
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• pp.346-351
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• 2021

With the goal of eradicating overwork, overload, and speeding of general freight cars(cargo) by the Ministry of Land, Infrastructure and Transport, Infrastructure and Transport, the "The Fare of safe transportation for freight cars System" has been enforced since 2020. 'The Fare of safe transportation for freight cars' rate for each item is being applied and supplemented, but the 'The Cost of safe transportation for freight cars' of general freight cars (cargo) and steel items is under discussion. The purpose of this study was to estimate the willingness to pay( WTP) for cargo. A survey was conducted on shippers, transportation companies (arrangers, carriers), and cargo drivers (using direct questioning among contingent valuation method (CVM) and the Tobit Regression analysis was conducted, and the average and median values of freight rates were derived using the estimated results, and the willingness to pay by tonnage of freight cars was confirmed. It is expected that the results of this study can be used as a reference to the "The Fare of safe transportation for freight cars Committee" an organization for deliberation and resolution of the 'The Cost of safe transportation for freight cars'.

• Journal of the Korean Home Economics Association
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• v.33 no.6
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• pp.73-88
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• 1995

the purpose of this study was to compare the consumption of personal and material resources between working wives and full-time housewives and to conceptualize the cost of working wives by the degree of additional consumption of the resources. The proposed costs of working wives included the long working time (time cost), the short leisure time(energy cost), the increase of expenditures fro services and the serious role conflict(psychological cost). Three methods, t-test, simple regression analysis, multiple regression analysis/tobit analysis were used to analyse the differences in consumption of resources between two groups. On the basis of the analysed results, the employment cost of working wives were discussed.

• The Journal of Korean Medicine
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• v.35 no.3
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• pp.22-31
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• 2014

Objectives: The aim of this study was to identify the complementary and substitute relationships between the use of Korean medicine (KM) and that of Western medicine (WM) in the treatment of musculoskeletal disease. Methods: We analyzed the 2009 Korea Health Panel dataset. General characteristics and the medical utilization of respondents were analyzed descriptively. Logistic regression, negative binominal regression, and Tobit regression analysis were used to identify the relationships between the use of KM and the use, visit frequency, and expenses of WM, respectively. Results: In the treatment of musculoskeletal disease, KM use and non-herbal treatments with Korean medicine significantly reduced WM use. Herb medication use significantly increased WM visit frequency. There were no significant relationships between KM use and WM expenses. Conclusions: There are substitute relationships between WM use and KM use, especially non-herbal treatments in KM. Therefore we need to develop the clinical protocols of KM and WM treatments in the treatment of musculoskeletal disease for proper distribution medical resources.

• Journal of Korean Society of Transportation
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• v.20 no.2
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• pp.59-68
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• 2002

Using 1996 annual observations for 69 bus firms in Seoul, this paper measures firm-level efficiency with data envelopment analysis(DEA) and identifies firm characteristics indicative of differential efficiency in these firms with Tobit regression analysis. The paper then conceptualizes that these firms produce two kinds of output(city/seat bus kilometers or city/seat bus Passengers) using four inputs (labor vehicle, fuel and maintenance). The findings show that, on an average, these firms have only a little input saving potential of 0.9 percent, while not a little output increasing potential of 12.9 percent. On the other hand, it is discovered that these firms operate more efficiently with a lower ratio of maintenance employees to total employees. Furthermore, it appears that both the ratio of seat buses to total buses and average speeds positively affect efficiency in this industry.