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Author
Grzenda Wioletta (Warsaw School of Economics, Poland)
Title
Modelling the Opinions of Poles about Key Aspects of Professional Work Using a Nested Logit Model
Source
Argumenta Oeconomica Cracoviensia, 2021, no 1-2(24-25), s. 75-91, tab., rys., bibliogr. 25 poz.
Keyword
Model logitowy, Modele bayesowskie, Profesjonalizm
Logit model, Bayesian models, Professionalism
Note
JEL Classification: J28, J81.
summ.
Abstract
Objective: The objective of this paper is to examine the opinions of Poles about what they think is important in their professional work.^^ Research Design & Methods: The paper analyzes the preferences of Poles regarding occupational hygiene factors and motivating factors using Generations and Gender Survey data for Poland. Due to the frequent connections between the possible alternatives of choice, the use of the nested logit model to model the preferences of respondents was proposed in this study.^^ Findings: This study presents the factors that are important for Poles in their professional work depending on their socio-economic and demographic characteristics. For women, compared to men, options related to occupational hygiene and stable employment were less important than other motivating factors. However, for younger people, compared to people from the last age group, options related to occupational hygiene were also important.^^ Implications / Recommendations: In the research on the opinions and preferences of respondents, a common approach is to perform a comparative analysis using descriptive statistics or standard logistic regression models. The use of standard multinomial logit models may lead to erroneous conclusions, because in discrete choice problems the available options are rarely unrelated. In such cases, the suggested solution is to use nested logit models.^^ Contribution: The paper reveals the features of groups of respondents for whom good pay is not necessarily the most important factor in professional work, and so-called higher needs are also important. (original abstract)
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Bibliography
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ISSN
1642-168X
Language
eng
URI / DOI
http://dx.doi.org/10.15678/AOC.2021.2405
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