earticle

영어

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].