Comparison of results from two analyzing methods for the relation between psychological self-sufficiency and economic self-sufficiency

초록

Self-sufficiency (SS), which is often used in the social welfare policy of the American welfare system, is an important concept in the field of social welfare and has been studied so much. Among such studies there are also studies on how the employment hope scale and the perceived employment barrier scale, which the psychological SS (PSS) consists of, affect the economic SS (ESS) for low-income job seekers in the United States. These studies are generally conducted using survey data, which are mainly analyzed by structural equation model (SEM) in the field of social science field. In the survey data, the number of measurement variables is generally large and there is a correlation between variables. In such cases, Principal Component Analysis (PCA) can be used. The purpose of this study is to compare the results of SEM and PCA on the survey data mainly dealt with in the social science field. We compare the performance of the two analyzing methods through a small simulation study. We also analyze a real survey data of the ESS and the PSS by using these two methods and compare the results.

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