• Title/Summary/Keyword: 비선형관계

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A Financial Comparison of Corporate Research & Development (R&D) Determinants: The United States and The Republic of Korea (한국과 미국 자본시장에서의 연구개발비 비중에 관한 재무적 결정요인 분석)

  • Kim, Hanjoon
    • Journal of the Korea Academia-Industrial cooperation Society
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    • v.19 no.7
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    • pp.174-182
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    • 2018
  • Given the ongoing debate in many aspects of finance, more attention may need to focus on corporate R&D expenditures. This study empirically tests financial determinants of R&D expenditures for NYSE-listed and KOSPI-listed firms. Three major hypotheses were postulated to test for corporate R&D outlay. First, proposed variables such as one-year lagged R&D expenditures, market value based leverage, profitability and cash holdings showed significant influence on corporate R&D costs for the sample firms. Moreover, financial factors inclusive of squared one-year lagged R&D expenditures, the interaction effect between one-lagged R&D expenditures and high-growth firm, non-debt tax shield, Tobin's q and a dummy variable to explain differences in accounting treatment between the U.S. and Korea, revealed significant differences between the two samples. Finally, in the conditional quantile regression (CQR) analysis for the R&D-related variables in relation to corporate growth rate, it was found that the NYSE-listed firms had a statistically significant linkage between growth potential and one-year lagged R&D expenditures at lower quantile levels. This study may shed new light on identifying financial factors affecting differences between the U.S. market (as an advanced market) and the Korean market (as an emerging market) regarding the optimal level of R&D investments for shareholders.

Objectification and validation of typhoon center intensity analysis based on MTSAT-1R satellite's infrared images (MTSAT-1R 위성 적외영상기반 태풍강도분석 객관화와 검증)

  • Park, Jeong-Hyun;Park, Jong-Seo;Kim, Baek-Min;Lee, Hee-Hoon
    • Proceedings of the KSRS Conference
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    • 2007.03a
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    • pp.219-223
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    • 2007
  • GMS(Geostational Meteorological Satellite), GOES(Geostationary Operational Environmental Satellite), MTSAT(Multi-Funcional Transport Satellite) 등의 정지기상위성은 거의 매시간 기상상황을 감시하고 태풍정보를 실시간 분석할 수 있어 드보락(Dvorak, 1975)등에 의해 이를 이용한 가시영상이나 적외영상기반의 태풍중심강도를 분석기법(드보락의 VIS/IR 분석법) 및 적외강조영상 분석기법(드보락의 EIR 분석법)이 개발되었다(Dvorak,1975, 1984). 그러나 주관적인 드보락의 VIS/IR 분석 법 및 EIR 분석법에 의한 결과는 분석자마다 다를 수 있고,절차 또한 복잡하여 시급성을 요하는 태풍 분석에서 취약점으로 지적되어 왔다. 이러한 주관적 방법의 한계를 극복하기 위하여 디지럴화된 영상과 자동 객관화된 알고리즘을 적용하는 객관 드보락 기법 (Advanced Objective Dvorak Technique, 이하 AODT)이 개발되었고(Velden et al, 1998), Zehr(1989)에 의해 비행기 관측자료등을 통해 보정되고 있다. 기상청에서는 2001 년부터 GMS 위성 관측영상을 이용하여 태풍의 중심위치를 분석하고,태풍강도를 정량화하기 위해 주관 드보락 기법 (Subjective Dvorak Technique 이하 SDT)을 이용하여 태풍중심위치와 강도정보를 실시간 예보관 및 일반인에게 제공하고 있다. 그러나 주관적인 드보락 기법이 분석자에 따라 다른 결과가 도출 될 수 있어, 이를 보완하기 위해 QuikSCAT 해상풍 관측자료, 정지 및 극 궤도위성자료를 활용한 해수면온도 둥 위성 분석자료와 기타 관측자료를 참조하고 있다. 정지기상위성자료를 이용한 드보락기법은 적외영상만으로 태풍중심 위치와 강도를 분석할 수 있는 장점 외에 앞에서 열거한 몇 가지 극복되지 못한 한계도 있으나,SSM/I 둥 기타 위성자료의 관측시간대와 분석정보 부족 등으로 정지기상위성자료를 이용한 드보락 기법을 대체할만한 현업용 분석기법이 개발되지 못했다. 기상청에서는 기존의 태풍분석업무를 개선하기 위해서 2005년부터 AODT를 도입하여 그 성능을 시험분석하고, 2006년 6월부터 AODT를 현업화하여 실시간 태풍강도분석 에 활용하였으며 2006년 제 3호 태풍 에위니아(EWINIAR)부터 두리안(DURlAN)까지 19개 태풍 434개 시간대자료를 분석한 결과 SDT 강도분석결과와 0.90의 상관도를 보였다. 또한 AODT 알고리즘이 기본적으로 대서양에서 발생하는 태풍에 초점을 두고 개발되어 북서태평양에서 발생하는 태풍에 직접 적용하기에는 어려움이 있는 것으로 알려져 있으므로(Velden et al. 1998), 이의 개선을 위하여 태풍강도지수인 SDT CI(Current Intensity) 수와 AODT CI 수간의 통계적 관계를 밝히고 신경망을 이용한 비선형 주성분 분석 (Hieh,2004)등을 통해 AODT CI 수 보정 시도를 하였다. 이와 더불어, 기상청은 근원적 객관 알고리즘 개선을 위해 AODT 자체 알고리즘 분석과 위성자료 DB 구축 동의 노력을 기울이고 있다.

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A New Integral Variable Structure Regulation Controller for Robot Manipulators with Accurately Predetermined Output Performance (로봇 매니플레이터를 위한 정확한 사전 결정 출력 성능을 갖는 새로운 적분 가변구조 레귤레이션 제어기)

  • Lee, Jung-Hoon
    • Journal of IKEEE
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    • v.8 no.1 s.14
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    • pp.96-107
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    • 2004
  • In this paper, a new integral variable structure regulation controller(IVSRC) is designed by using a special integral sliding surface and a disturbance observer for the improved regulation control of highly nonlinear robot manipulators with prescribed output performance. The sliding surface having the integral state with a special initial condition is employed in this paper to exactly predetermine the ideal sliding trajectory from a given initial condition to origin without any reaching phase. And a continuous sliding mode input using the disturbance observer is also introduced in oder to effectively follow the predetermined sliding trajectory within the prescribed accuracy without large computation burden. The performance of the prescribed tracking accuracy to the predetermined sliding trajectory is clearly investigated in detail through the two theorems together with the closed loop stability. The design of the proposed IVSRC is separated into the performance design and robustness design in each independent link. The usefulness of the algorithm has been demonstrated through simulation studies on the regulation control of a two link manipulator under parameter uncertainties and payload variations, in view of no reaching phase, no overshoot, predetermined response with prescribed accuracy, easy change of output performance, separation of design phase, and so on.

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Coupled Finite Element Analysis of Partially Saturated Soil Slope Stability (유한요소 연계해석을 이용한 불포화 토사사면 안전성 평가)

  • Kim, Jae-Hong;Lim, Jae-Seong;Park, Seong-Wan
    • Journal of the Korean Geotechnical Society
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    • v.30 no.4
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    • pp.35-45
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    • 2014
  • Limit equilibrium methods of slope stability analysis have been widely adopted mainly due to their simplicity and applicability. However, the conventional methods may not give reliable and convincing results for various geological conditions such as nonhomogeneous and anisotropic soils. Also, they do not take into account soil slope history nor the initial state of stress, for example excavation or fill placement. In contrast to the limit equilibrium analysis, the analysis of deformation and stress distribution by finite element method can deal with the complex loading sequence and the growth of inelastic zone with time. This paper proposes a technique to determine the critical slip surface as well as to calculate the factor of safety for shallow failure on partially saturated soil slope. Based on the effective stress field in finite element analysis, all stresses are estimated at each Gaussian point of elements. The search strategy for a noncircular critical slip surface along weak points is appropriate for rainfall-induced shallow slope failure. The change of unit weight by seepage force has an effect on the horizontal and vertical displacements on the soil slope. The Drucker-Prager failure criterion was adopted for stress-strain relation to calculate coupling hydraulic and mechanical behavior of the partially saturated soil slope.

Standing Biomass and Inorganic Nutrients Distribution for a Camellia japonica Stand at Mt. Cheon-gwan(Janghueng-gun, Jeonnam) (천관산(전남 장흥군) 동백나무(Camellia japonica) 천연림의 현존량과 무기영양소 분포)

  • Hwang, Jae-Hong;Lee, Sang-Tae;Kim, Byeong-Bu;Kwon, Bong-Sam;Shin, Hyun-Cheol;Lee, Kyung-Jae;Park, Nam-Chang
    • The Korean Journal of Ecology
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    • v.28 no.3
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    • pp.163-168
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    • 2005
  • This study was carried out to estimate above-ground biomass and inorganic nutrient distribution for a Camellia japonica stand located Mt. Cheon-gwan, Jeonnam province. Regression analysis of biomass for stem, current twig, branch and foliage versus diameter at breast height(DBH) was used to calculate regression equations of the form of logY = a + blogD(Y: component biomass, D: DBH). Total above-ground biomass for a Camellia japonica stand was 115.2 ton/ha(47.9 for main stem, 1.4 for current twig, 53.4 for live and dead branch, 5.6 for current foliage and 6.9 for ${\geq}1$-yr-old foliage). Component biomass was non-linearly correlated with DBH, and the difference in biomass between ${\geq}1$-yr-old and current foliage increased in proportion to DBH. Current foliage and live branch showed higher N, P and K concentrations compared to ${\geq}1$-yr-old foliage and dead branch, respectively. However, Ca concentration of current foliage and live branch was lower than that of ${\geq}1$-yr-old foliage and dead branch, respectively. Total above-ground inorganic nutrient contents(kg/ha) were distributed as follows; K: 366.4. N: 442.7, Ca: 433.3, Mg: 118.4, P: 50.5 and Na: 25.3. The proportions of inorganic nutrient content for live branch were generally the highest in all the inorganic nutrients.

Flexural Behavior of Reinforced Concrete Beams Retrofitted with Modified Polymer Mortar System (폴리머 모르타르로 단면을 복구한 철근콘크리트 보의 휨 거동)

  • Hong Geon-Ho;Choi Eun-Gyu;Lee Su-Jin;Shin Yeong-Soo
    • Journal of the Korea Concrete Institute
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    • v.16 no.1 s.79
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    • pp.94-101
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    • 2004
  • This study shows the test results of seven RC beams retrofitted with modified polymer system and parametric study about the effects of tensile strength of retrofitting materials by analytical method on the flexural behavior. The main parameters are the retrofitted depth and length. The beams are loaded to the failure by four-point loading. Test results show that the effect of the retrofitted length on the structural behavior is more significant than that of depth. As the retrofitted depth is increased, the beams represents the brittle failure mode The non-linear analysis is carried out to grasp the effect of the tensile strength of retrofitting material on the structural behavior. As the retrofitted depth and length are increased, the tensile strength becomes more effective so these parameters should be considered to determine the retrofitted area. The analytical results show that failure strength is less than that of experimental results, but the stiffness is vice versa.

Condition Evaluation of the Pavement Foundations Using Multi-load Level FWD Deflections (다단계 하중 FWD를 사용한 도로기초 상태평가 연구)

  • Park, Hee-Mun;Kim, Richard Y.;Park, Seong-Wan
    • Journal of the Korean Geotechnical Society
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    • v.19 no.6
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    • pp.261-271
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    • 2003
  • A condition evaluation procedure for the pavement foundations using multi-load level Falling Weight Deflectometer(FWD) deflections is presented in this paper. A dynamic finite element program incorporating a stress-dependent material model, was used to generate the synthetic deflection database. Based on this synthetic database, the relationships between surface deflections and critical responses, such as stresses and strains in base and subgrade layers, have been established. FWD deflection data, Dynamic Cone Penetrometer(UP) data, and repeated load resilient modulus testing results used in developing this procedure were collected from the Long Term Pavement Performance (LTPP) and North Carolina Department of Transportation (NCDOT) database. Research effort focused on investigation of the effect of the FWD load level on the condition evaluation procedures. The results indicate that the proposed procedure can estimate the pavement foundation conditions. It is also found that structurally adjusted Base Damage Index (BDI) and Base Curvature Index (BCI) are good indicators for the prediction of stiffness characteristics of aggregate base and subgrade respectively. A FWD test with a load of 66.7 kN or less does not improve the accuracy of this procedure. Results from the study for the nonlinear behavior of a pavement foundations indicate that the deflection ratio obtained from multi-load level deflections can predict the type and quality of the pavement foundation materials.

A study on Parallel Interference Cancellation scheme based sorting method for a Multi-carrier DS/CDMA System (MC-DS/CDMA 시스템에서 정렬기법을 이용한 병렬형 간섭제거기법의 성능개선에 관한 연구)

  • Park Jae-Won;Park Yong-Wan
    • Journal of the Institute of Electronics Engineers of Korea TC
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    • v.42 no.1
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    • pp.17-27
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    • 2005
  • In this paper, we introduce a Parallel Interference Canceller (PIC) based sorting method to improve performance in the MC-DS/CDMA environment. A conventional PIC estimates and subtracts out all of the MAI (Multiple Access Interference) for each user in parallel. The parallel process ensures the low delay for the detection of all users. Also this scheme requires more stages for having better performance. Since the performance of PIC is strongly related to the correct MAI estimation, we introduce the IC (Interference Cancellation) scheme to estimate the accurate weaker signal group than the desired signal using conventional PIC. The principle of the proposed receiver sorts in descending order by the strength of signal and subtracts the MAI of the strong interferers from the desired signal for the accurate estimate of the weaker signals. Following this, the proposed scheme cancels out the improved weaker interference from the desired signal, using the output of the pre-step. In this result, the proposed system obtains better BER performance than the conventional PIC because the accuracy of the strong signal is improved. However, a disadvantage exists in that the processing time has slightly longer delay than the PIC owing to the power sorting and the MAI estimation process. The system performance evaluates and compares other non-liner It according to the number of sub-carriers in the limited-bandwidth.

A study on the connected-digit recognition using MLP-VQ and Weighted DHMM (MLP-VQ와 가중 DHMM을 이용한 연결 숫자음 인식에 관한 연구)

  • Chung, Kwang-Woo;Hong, Kwang-Seok
    • Journal of the Korean Institute of Telematics and Electronics S
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    • v.35S no.8
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    • pp.96-105
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    • 1998
  • The aim of this paper is to propose the method of WDHMM(Weighted DHMM), using the MLP-VQ for the improvement of speaker-independent connect-digit recognition system. MLP neural-network output distribution shows a probability distribution that presents the degree of similarity between each pattern by the non-linear mapping among the input patterns and learning patterns. MLP-VQ is proposed in this paper. It generates codewords by using the output node index which can reach the highest level within MLP neural-network output distribution. Different from the old VQ, the true characteristics of this new MLP-VQ lie in that the degree of similarity between present input patterns and each learned class pattern could be reflected for the recognition model. WDHMM is also proposed. It can use the MLP neural-network output distribution as the way of weighing the symbol generation probability of DHMMs. This newly-suggested method could shorten the time of HMM parameter estimation and recognition. The reason is that it is not necessary to regard symbol generation probability as multi-dimensional normal distribution, as opposed to the old SCHMM. This could also improve the recognition ability by 14.7% higher than DHMM, owing to the increase of small caculation amount. Because it can reflect phone class relations to the recognition model. The result of my research shows that speaker-independent connected-digit recognition, using MLP-VQ and WDHMM, is 84.22%.

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Nonlinear Irregular Waves-current Interaction on Flow Fields with Wave Breaking around Permeable Submerged Breakwater (투과성잠제 주변에서 쇄파를 동반한 불규칙파-흐름장의 상호작용)

  • Lee, Kwang-Ho;Bae, Ju-Hyun;An, Sung-Wook;Kim, Do-Sam
    • Journal of Korean Society of Coastal and Ocean Engineers
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    • v.30 no.2
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    • pp.39-50
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    • 2018
  • In this study, the nonlinear interaction of irregular waves with wave breaking and currents around permeable submerged breakwater was investigated with the aid of olaFlow model which is open source CFD software published under the GPL license. The irregular wave performance of olaFlow applied in this study was verified by comparing and evaluating the target frequency spectrum and the generated frequency spectrum for applicability to irregular waves. Based on the applicability of this numerical model to irregular wave fields, in the coexistence fields of irregular waves and currents, the characteristics of wave height, frequency spectrum, breaking waves, averaged velocity and turbulent kinetic energy around porous submerged breakwater with the respect to the beach type and current direction versus wave propagation were carefully investigated. The numerical results revealed that the shape of wave breaking on the crown of the submerged breakwater and the formation of the mean flow velocity around the structure depend greatly on the current directions and the type of the beach. In addition, it was found that the wave height fluctuation due to the current direction with respect to the wave propagation is closely related to the turbulent kinetic energy.