As a result of an empirical analysis of the fixed effect model, the following results have been drawn in this study: First, guarantee balance has a positive impact on the basic asset. As guarantee balance increases, the basic asset increases. Second, guarantee supply has a negative impact on the basic asset. As guarantee increases, the basic asset decreases. Third, the number of bankrupt companies and unemployment rate are estimated to have a positive impact on the basic asset. As the number of bankrupt companies and unemployment rate increase, demand for guarantee becomes higher, and therefore basic asset should be procured more. Lastly, this study did not identify the impacts of subrogation and dishonored ratio of checks and bills on the basic asset. Since basic asset has a character of the reserve fund of subrogation, the relation of the two variables is expected to have a negative relation. Although the sign is negative, no significance is found statistically. This study examined what variables affect the expansion of basic asset that becomes the basis of credit guarantee. For analysis, this study conducted a panel regression analysis with the panel data of three types of credit guarantee organizations: Credit guarantee fund, technology guarantee fund and regional credit guarantee foundations [1].
목차
Abstract 1. Introduction 2. Understanding of Credit Guarantee Organizations and Previous Studies 2.1. Credit Guarantee Organizations 2.2. Panel Regression Analysis 3. Research Model 3.1. Data Collection and Sample Construct 3.2. Analysis Model 4. Empirical Analysis 4.1. Result of Panel Unit Root Test 4.2. Result of Panel Regression Analysis 5. Conclusion References
키워드
Credit Guarantee OrganizationBasic AssetPanel RegressionFixed Effects Model
저자
Jin-sung Bae [ Dept of Research, Korean Federation of Credit Gaurantee Foundations, Daejeon, Korea ]
Man-su Kang [ Dept of Research, Korean Federation of Credit Gaurantee Foundations, Daejeon, Korea ]
Corresponding Author
Huifeng Pan [ Beijing Institute of Graphic Communication; Post-Doctoral Research Station in Business Administration of TsingHua University, Beijing, China ]
보안공학연구지원센터(IJDTA) [Science & Engineering Research Support Center, Republic of Korea(IJDTA)]
설립연도
2006
분야
공학>컴퓨터학
소개
1. 보안공학에 대한 각종 조사 및 연구
2. 보안공학에 대한 응용기술 연구 및 발표
3. 보안공학에 관한 각종 학술 발표회 및 전시회 개최
4. 보안공학 기술의 상호 협조 및 정보교환
5. 보안공학에 관한 표준화 사업 및 규격의 제정
6. 보안공학에 관한 산학연 협동의 증진
7. 국제적 학술 교류 및 기술 협력
8. 보안공학에 관한 논문지 발간
9. 기타 본 회 목적 달성에 필요한 사업
간행물
간행물명
International Journal of Database Theory and Application
간기
격월간
pISSN
2005-4270
수록기간
2008~2016
십진분류
KDC 505DDC 605
이 권호 내 다른 논문 / International Journal of Database Theory and Application Vol.9 No.10