• Title/Summary/Keyword: Econometrics Analysis

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A Quantitative Evaluation of Composite Indicators : Empirical Analysis of Comprehensive Rural Village Development Project (비명시적 평가지표를 활용한 농촌정책 평가)

  • Hwang, Jae-Hee;Lee, Seong-Woo
    • Journal of Korean Society of Rural Planning
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    • v.22 no.4
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    • pp.25-36
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    • 2016
  • The purpose of this study is to construct a quantitative evaluation method that can analyze the policy effectiveness with the construction of a implicit composite index incorporating spatial econometrics models. In order to propose a methodological framework for the program evaluation, this study conducts an empirical analysis with the application of the Comprehensive Rural Village Development Project (CRVDP) which explicitly claims to achieve comprehensive goal of community development. The present study pays particular attention to quantifying the composite evaluation index and drawing net effect through the application of a series of spatial econometrics models. The spatial unit of the analysis is drawn at Eup-Myeon level in rural areas in Korea, and the time horizon is in between 2005 and 2010. We utilize the Korean Agricultural Census data in 2005 and 2010. Three steps of methodological processes are needed to satisfy the objective of the present study. First, we apply factor analysis to construct the composite index that represents comprehensive settlement environment in rural area. The index should be matched with the main objective of the CRVDP. Second, we apply the derived index to a series of spatial econometrics model as dependent variable. Lastly, utilizing the estimated coefficients of the econometrics models, we apply decomposition technique to estimate CRVDP's net effect from both cross-sectional and longitudinal perspectives. We find that the results of the decomposition analysis by the execution of the CRVDP are positively associated with the explicit object of the project.

Economic Phenomena, Economic Analysis, and Its Statistical Applicability: Focusing on the Developments of Econometrics and Challenging Issues (경제현상과 경제분석, 그리고 통계학적 응용성 - 계량경제학의 발전과 과제를 중심으로 -)

  • Kim, Chiho
    • The Korean Journal of Applied Statistics
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    • v.28 no.6
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    • pp.1075-1091
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    • 2015
  • This paper reviews the developments of econometric analysis and seeks a statistical applicability to current economic phenomena. During the last half century, economic analysis has progressed continuously, analyzing and predicting a broad variety of economic phenomena. In the center of this progress lies the remarkable contribution of econometrics and mathematical statistics. New economic research environment has been recently created via developments of IT and the spread of internet and SNSs. Economic phenomena has become increasingly complicated along with more volatile and sophisticated economic analysis. In that context, it can be suggested that there is a need to move beyond current economic paradigms and adapt new approaches such as complex theory and econophysics, all of which posits as a challenge for econometrics and statistics.

Substitute or Complementary among Types of Special Interest Tourism and A Causal Relationship between Total Individual Tourism Demand and Each Types -Application of Correlation Analysis and Econometrics Models- (특수목적관광 유형 간의 대체보완 및 총 관광수요와의 영향관계 -상관관계분석 및 계량경제모형의 활용-)

  • Gwak, Gang-Hee
    • The Journal of the Korea Contents Association
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    • v.11 no.8
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    • pp.409-418
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    • 2011
  • An aims of this study is to examine substitute or complementary among types of special interest tourism and a causal relationship between total individual tourism demand and each types. Of 500 surveyed respondents in Seoul, 348 was valid to analyse. As statistical analysis method, correlation analysis was utilized for substitute or complementary and Econometrics models were applied for causal relationship. The results of this study demonstrate that agro tourism and ocean tourism lie on substitute which means competitive. Also, ocean tourism has had more impacted on total individual tourism demand than any other types of special interest tourism.

A Study on the Effect of urban characteristics on Regional population using Spatial Econometrics Analysis - Focused on Incheon Metropolitan City - (공간계량분석을 이용한 도시특성요인이 지역 인구에 미치는 영향에 관한 연구 - 인천광역시를 중심으로 -)

  • Kim, Byung-Suk;Lee, DongSung;Son, Dong-Geul
    • Journal of the Korean Regional Science Association
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    • v.33 no.3
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    • pp.21-30
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    • 2017
  • The purpose of this study is to analyze the effect of urban characteristics on regional population and to suggest policy implications based on the analysis results. For this purpose, this study used spatial econometrics analysis(SAR, SEM, SAC) using data on 122 eup-myon-dong areas in Incheon Metropolitan City. As a result of the analysis, First, in terms of spatial, population density showed positive (+) effect while employment density has negative (-) effect. Also, the increase in the number of tertiary industries and workers in the industry has a positive (+) effect. Second, in terms of housing, the apartment ratio showed positive (+) effect and the increase of low-rise deteriorated housing has negative (-) effect. Third, the increase in educational facilities and urban parks showed positive (+) effect on population. In conclusion several policy implications for urban management found through this analysis are discussed.

A Study on the Land Market in the Eastern District of Gyeongseong Based on the Spatial Econometrics Analysis (공간계량모형으로 살펴본 경성 동부지역 토지시장 연구)

  • Seulki Yoo;Kyungmin Kim;Jinseok Kim;Jisang Lee
    • Journal of the Economic Geographical Society of Korea
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    • v.25 no.4
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    • pp.617-628
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    • 2022
  • In this study, the land market in Eastern District of Gyeongseong is examined using land price data in the 1920's. For the study, land information in 1927 is constructed as a DB, and a map in 1929 is constructed as a GIS file to realize digitalization of historical data. As a result of the study, it is confirmed that spatial autocorrelation exists, and through spatial econometrics analysis, some factors affecting the modern land market are also valid at that time. The results show that land use and road accessibility have a positive effect on the land market, while the proximity of anchor facilities and educational facilities have a negative effect. This study is meaningful in that it has moved on to a research topic that has been insufficient until now by examining whether the factors operating in the land market in the 21st century are also valid in the land market in the 1920's.

Quantitative Approaches for Agricultural and Rural Policy Evaluation (농업.농촌정책평가를 위한 정량적 분석모형 연구)

  • Lee, Seong-Woo;Yun, Seong-Do
    • Journal of Korean Society of Rural Planning
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    • v.14 no.4
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    • pp.97-108
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    • 2008
  • The present study construct a new technique that can evaluate diverse rural policies, which have been applied to the rural development programs at the village level. The method incorporates spatial econometrics models with a decomposition method that has little been utilized before. We applies the technique to evaluate the rural development programs that have been carried out by the Korea Forest Service and. Korea Rural Development Agency. The technique proved to be quite useful in that the technique efficiently separate the direct effect caused by the government policy from the effect explained by the endowment effect such as regional or area characteristics, and residual effect that cannot be identified by the models. The present study concludes with suggesting more quantitative methods need to be developed to evaluate diverse government policy programs, which enables us to discern correct policy effects.

A NOTE ON CONVEXITY OF CONVOLUTIONS OF HARMONIC MAPPINGS

  • JIANG, YUE-PING;RASILA, ANTTI;SUN, YONG
    • Bulletin of the Korean Mathematical Society
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    • v.52 no.6
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    • pp.1925-1935
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    • 2015
  • In this paper, we study right half-plane harmonic mappings $f_0$ and f, where $f_0$ is fIxed and f is such that its dilatation of a conformal automorphism of the unit disk. We obtain a sufficient condition for the convolution of such mappings to be convex in the direction of the real axis. The result of the paper is a generalization of the result of by Li and Ponnusamy [11], which itself originates from a problem posed by Dorff et al. in [7].

Innovative Spatial Analysis of Violent Crime Hot Spots in Korea: Implications for Urban Policy

  • Kyungjae, Lee
    • Asian Journal of Innovation and Policy
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    • v.11 no.3
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    • pp.320-341
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    • 2022
  • Empirical applications to explain criminogenic events are abundant. While much of the research in criminal studies concentrates on understanding the motivations of offenders and preventing victimization from a micro perspective, there have been recent theoretical advancements that give priority to the role of spatial factors in directly impacting crime rates. The primary purpose of this study is to investigate the empirical inference between violent crime incidence and spatial characteristics of local areas focusing particularly on spatial accessibility conditions in the areas. Applying discrete spatial econometrics models, this study reveals a significant relationship between spatial accessibility and the formation of violent crime hot spots in South Korea. Along with other variables, it is revealed that road accessibility has a clear association with violent crime hot spots. Based on the findings, this study suggests some policy implications such as effective surveillance systems, land use restrictions, and advanced street lighting.

The Impact of Supplier Induced Demand on Increase in Medical Aid Expenditure (의료급여비용 증가에 공급자 유인효과가 미치는 영향)

  • Shin, Hyunwoung;Yoon, Jangho;Noh, Yunhong;Yeo, Ji-Young
    • Health Policy and Management
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    • v.24 no.1
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    • pp.13-23
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    • 2014
  • Background: A need arises to efficiently control health expenditure for medical aid due to a sharp increase in medical aid expenditure. This study experimently analyzes the impact of physician behavior on medical use for medical aid beneficiaries using supplier induced demand (SID) theory. Methods: This study looks into analyze SID effect using expenditure factor analysis of medical aid for the years between 2003 and 2010 in comparison with health insurance. Moreover, this study analyzes the existence and scale of SID using econometrics modeling with panel data on 16 cities and provinces's health expenditure data for medical aid from 2003 1/4 to 2010 4/4. Results: This study finds that the growth rate of visit days per capita and treatment amount per visit days for medical aid is higher than health insurance. Furthermore, the result of econometrics modeling analysis shows the existence of SID in general hospital, hospital, clinic, oriental clinic. Conclusion: In order to efficiently control expenditure for medical aid, it is required to reinforce macro polices such as the introduction of 'target management' and micro policies such as the strengthen of management on medical institutes in the perspective of suppliers as well as regulations of demanders.

Analysis of Spatial Characteristics Affecting the Use of Public Bicycles: Case of 'Tashu' in Daejeon (공공자전거 이용에 영향을 미치는 공간 특성 분석 - 대전광역시 '타슈'를 대상으로 -)

  • Ahn, Minsu;Yi, Changhyo
    • Journal of the Korean Regional Science Association
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    • v.38 no.4
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    • pp.75-91
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    • 2022
  • With the recent increase in interest in climate change issues, the use of bicycles is complementing public transportation and attracting attention as one of the eco-friendly means of transportation. Daejeon Metropolitan City has been operating Tashu, a public bicycle, since 2008. This study empirically analyzed the spatial characteristics that affect the use of public bicycles by grasping the current status and characteristics of public bicycles and applying spatial econometrics analysis, an analysis model that considers the spatial dependence of spatial data. In addition, a comparative analysis was performed by deriving the results of analyzing six models in terms of rental, return, peak time, non-peak time, weekday, and weekend based on the spatial error model identified as the optimal spatial econometrics model. The analysis model results showed that significant spatial characteristics differed according to the type of public bicycle use. In general, the use of public bicycles was high in areas with a high proportion of young people, a high number of public transportation users, good access to universities and rivers, and relatively low land use mix, and high proportion of apartments. These results indicated that public bicycles are used for commuting purposes on weekdays and leisure purposes on weekends, and if the convenience of using bicycles is improved, the use of public bicycles can be further increased.