• Title/Summary/Keyword: 양방

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The impact of market fear, uncertainty, stock market, and maritime freight index on the risk-return relationship in the crude oil market (시장 공포, 불확실성, 주식시장, 해상운임지수가 원유시장의 위험-수익 관계에 미치는 영향)

  • Choi, Ki-Hong
    • Journal of Korea Port Economic Association
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    • v.38 no.4
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    • pp.107-118
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    • 2022
  • In this study, daily data from January 2002 to June 2022 were used to investigate the relationship between risk-return relationship and market fear, uncertainty, stock market, and maritime freight index for the crude oil market. For this study, the time varying EGARCH-M model was applied to the risk-return relationship, and the wavelet consistency model was used to analyze the relationship between market fear, uncertainty, stock market, and maritime freight index. The analysis results of this study are as follows. First, according to the results of the time-varying risk-return relationship, the crude oil market was found to be related to high returns and high risks. Second, the results of correlation and Granger causality test, it was found that there was a weak correlation between the risk-return relationship and VIX, EPU, S&P500, and BDI. In addition, it was found that there was no two-way causal relationship in the risk-return relationship with EPU and S&P500, but VIX and BDI were found to affect the risk-return relationship. Third, looking at the results of wavelet coherence, it was found that the degree of the risk-return relationship and the relationship between VIX, EPU, S&P500, and BDI was time-varying. In particular, it was found that the relationship between each other was high before and after the crisis period (financial crisis, COVID-19). And it was found to be highly associated with organs. In addition, the risk-return relationship was found to have a positive relationship with VIX and EPU, and a negative relationship with S&P500 and BDI. Therefore, market participants should be well aware of economic environmental changes when making decisions.

Evaluation on Side Resistance of Drilled Shafts Constructed on Sandy Gravel and Gravel Layers in Nakdong River Estuary (낙동강 하구 모래 자갈 및 자갈층에 시공된 현장타설말뚝의 주면마찰력 평가)

  • Dong-Lo Choi;Tae-Hyung Kim;Byeong-Han Jeon;Jun-Seo Jeon;Chea-Min, Kim
    • Journal of the Korean Geosynthetics Society
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    • v.22 no.3
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    • pp.1-10
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    • 2023
  • Recently, numerous structures have been constructed near the Nakdong river estuary, with pile foundations embedded in sand and gravel layers. In this study, the side resistance for six drilled shafts embedded in that region was evaluated based on the results of bi-directional and static axial compressive pile load tests. Subsequently, these results were compared with the side resistance calculated using domestic and foreign design codes such as FHWA (1999), KDS (2021), and AIJ (2004). Based on the test results, the evaluated side resistances ranged from 120 to 444kPa. However, the estimated values obtained from the design codes ranged from 69.3 to 170kPa, which were less than 50% of the evaluated values. It was observed that the empirical methods and correlations used in design codes provide a conservative estimation of the side resistance for drilled shafts embedded in sand and gravel layers. It implies that a suitable domestic approach should be developed to accurately estimate the side resistance of pile in sandy gravel and gravel layers near the Nakdong river estuary.

Investing the relationship between R&D expenditure and economic growth (연구개발투자와 경제성장의 상호관계 실증분석)

  • hyunyi Choi;Cho Keun Tae
    • Journal of Technology Innovation
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    • v.31 no.2
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    • pp.59-82
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    • 2023
  • The purpose of this research is to conduct the empirical analysis of the short- and long-term causal relationship between public R&D investment, corporate R&D investment, and university R&D investment on economic growth in Korea. To this end, based on the time series data from 1976 to 2020, a causality test was conducted through the unit root test, cointegration test, and vector error correction model (VECM). As a result, it was found that there is a long-run equilibrium relationship between economic growth in Korea, public R&D investment, corporate R&D investment, and university R&D investment, in which a causal relationship exists in the long run. Also, while public R&D investment has a short-term effect on economic growth, corporate and university R&D investment does not have a short-term effect on economic growth. In addition, the results shows that there is a bidirectional causal relationship between economic growth and public R&D investment, corporate R&D investment and public R&D investment, and university R&D investment and public R&D investment in the short term. Through this research, it was empirically found that a highly mutual relationship exists between public R&D investment, corporate R&D investment, university R&D investment and economic growth. In order to increase the ripple effect of R&D investment on economic growth in the future, R&D investment between universities and corporations should be mutually promoted, and R&D investment by corporations should have a positive effect on public R&D investment so that public R&D investment can contribute to future economic growth.

Analysis of the Global Fandom and Success Factors of BTS (방탄소년단(BTS)의 글로벌 팬덤과 성공요인 분석)

  • Yoon, Yeo-Kwang
    • Journal of Korea Entertainment Industry Association
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    • v.13 no.3
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    • pp.13-25
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    • 2019
  • Since reaching the top in the Billboard Main Album Chart 'Billboard 200' with Love Yourself: Tear in May of 2018, BTS once again took first place after just three months in the 'Billboard 200'(September 3, 2018) with the repackaged album Love Yourself: Answer. It opened the doors to the 'Hallyu 4.0' by conquering the main Billboard Chart with a song sung in Korean. BTS rose to the top on the 'Billboard 200' twice, thus being recognized globally for their musical talent(song, dance, promotion, etc.), and took their place in the mainstream music market of the world. BTS moved away from intuitive interaction such as mysticism, abnormality, irregularity, etc. but instead created their own world(BTS Universe) with fans around the world through two-directional communication such as consensus, sharing and co-existence. They are recognized as artists that went beyond being an idol group that simply released a few hit songs that had now elevated popular music to a new form of art. In result, they retained a highly loyal global fan base(A.R.M.Y.) and they are continuously creating good influence with them. This study analyzed the success factors of BTS using the S-M-C-R-E model as follows. ① Sender: BTS'7-person 7-colors fantasy and 'All-in-one storytelling' strategy of producer Bang Shi-hyuk ② Message: Create global consensus of 'you' rather than 'me' ③ Channel: Created real-time common grounds with global fans through social network platforms such as Youtube, Facebook and Instagram ④ Receiver: Formed highly loyal global fandom(A.R.M.Y.) that extends outside of Korea and Asia ⑤ Effect: Created additional economic value and spread good influence

Permanent Deformations of Piles in Sand Under Cyclic Lateral Loads (모래지반에서 반복수평하중을 받는 말뚝의 영구변형)

  • Paik, Kyu-Ho;Park, Won-Woo
    • Journal of the Korean Geotechnical Society
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    • v.26 no.11
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    • pp.63-73
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    • 2010
  • Monopiles, used as one foundation option for offshore wind turbines, are usually subjected to great cyclic lateral loads due to wind and wave. In this study, model pile load tests were performed using calibration chamber and three model piles with different pile lengths in order to investigate the behavior of laterally cyclic loaded piles driven into sand. Model test results show that the first loading cycle generates a bigger displacement than the following ones, and the permanent displacement of piles by one loading cycle decreases with increasing the number of cycles. 1-way cyclic loading causes the permanent displacement in the same direction as cyclic loading, whereas 2-way cyclic loading causes the permanent displacement in the reverse direction of initial loading. It is also observed that the permanent displacement of piles due to cyclic lateral loads increases with decreasing relative density of soil and with increasing the magnitude of cyclic loads. However, it is insensitive to the earth pressure ratio of soil and embedded pile length. In addition, based on the model pile load test results, equations for estimation of the permanent lateral displacement and rotation angle of piles due to 1-way cyclic lateral loads are proposed.

Effect of Lateral Pile Rigidity of Offshore Drilled Shafts by Developing p-y Curves in Marine Clay (해상 현장타설 말뚝의 p-y 곡선 산정을 통한 횡방향 상대 강성 분석)

  • Kim, Young-Ho;Jeong, Sang-Seom;Kim, Jeong-Hwan;Lee, Yang-Gu
    • Journal of the Korean Geotechnical Society
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    • v.23 no.6
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    • pp.37-51
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    • 2007
  • In this study, pile load tests have been carried out to develop new P-y curves and then, to investigate the effects of pile rigidities on laterally loaded offshore drilled shafts in Incheon marine clay. This paper consists mainly of two parts: the first part, performance of a series of lateral load tests on small- and full-scale piles under one- and two-way loadings and the second part, comparison between the measured and predicted results by using O'Neill's and Matlock's clay models. Based on the results obtained, it is shown that relatively good agreements in bending moments and lateral displacements were obtained between the measured results using calculated P-y curves and predicted ones by O'Neill's and Matlock's clay models. The cases were considered with varying rigidity factors based on pile diameter, length and subgrade soil reaction. Through comparisons, it is found that soil P-y curve influences highly the behavior of flexible pile rather than that of rigid pile.

The Role of Content Services Within a Firm's Internet Service Portfolio: Case Studies of Naver Webtoon and Google YouTube (기업의 인터넷 서비스 포트폴리오 내 콘텐츠 서비스의 역할: 네이버 웹툰과 구글 유튜브의 사례 연구)

  • Choi, Jiwon;Cho, Wooje;Jung, Yoonhyuk;Kwon, YoungOk
    • Journal of Intelligence and Information Systems
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    • v.28 no.1
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    • pp.1-28
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    • 2022
  • In recent years, many Internet giants have begun providing their own content services, which attract online users by offering personalized services based on artificial intelligence technologies. This study investigates the role of two firms' content services within the firms' online service network. We examine the role of Naver Webtoon, which can be characterized as a professional-generated content, within Naver's service portfolio, and that of Google YouTube, which can be characterized as a user-generated content, within Google's service portfolio. Using survey data on viewers' use of the two services, we analyze a valued directed service network, where a node denotes an online service and a relationship between two nodes denotes a sequential use of two services. We found that both Webtoon and YouTube show higher out-degree centrality than in-degree centrality, which implies these content services are more likely to be starting services rather than arriving services within the firms' interactive network. The gap between the out-degree and in-degree centrality of YouTube is much smaller than that of Webtoon. The high centrality of YouTube, a user-generated content service, within the Google service network shows that YouTube's initial role of providing specific-content videos (e.g., entertainment) has expanded into a general search service for users.

Proposing a Service based on a Social Robotic Figure that Supports Interaction Between Fans and K-pop Stars (팬과 K-pop 스타간의 상호작용을 지원하는 소셜 로봇 피규어 기반 서비스 제안)

  • Jeon, Bienil;Park, Jae Wan
    • Asia-pacific Journal of Multimedia Services Convergent with Art, Humanities, and Sociology
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    • v.6 no.10
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    • pp.499-508
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    • 2016
  • According to spreading K-pop globally, the market size related to K-pop stars is increasingly growing at home and abroad. Recently, services and products having direct interaction with the star are emerging. This research aims to propose a new service using a smart, connected social robotic figure that can support interaction between fans and K-pop stars. For this study, we begin by exploring literature about K-pop culture. Also, we investigate cases that connect between fans and stars and then build the development directions for a new service. Based on these development directions, we extract feasible technology and its interaction elements through analysing the cases of social robots. Finally, we propose the social robotic figure service in this research. This service proposed in this study can create and enhance diverse bidirectional communication between fans and stars through employing a user-customized, smart, connected figure based on a IoT platform. This research contributes to approaches for sustainable advance of K-pop through applying IoT technology.

Busan Tourism Industry applying OECD Tourism Policy and ICT Convergence Platform (OECD 관광정책과 ICT 융합 플랫폼을 적용한 부산관광산업)

  • Lim, Yong-Suk;Jung, Ho-Jin;Lee, Jung-Won
    • Asia-pacific Journal of Multimedia Services Convergent with Art, Humanities, and Sociology
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    • v.7 no.12
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    • pp.871-879
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    • 2017
  • The purpose of this study is to propose a Busan tourism industry in which the 2016 OECD Tourism policy and ICT convergence platform are applied. OECD proposed 3 policies to promote the tourism industry: First, to maintain the competitiveness of the tourism industry as well as improve its efficiency and sustainability, second, to establish a seamless traffic system, and third, to build a response to the sharing economy. Centering on the OECD's three policies, we propose the developmental possibilities of tourism in Busan. At the same time, we suggest the necessity to build an ICT convergence platform that will help foster the industry. In building an ICT convergence platform, we especially focus on the necessity of: 1. Sharing and creating experience-based interactive contents on the software side, and 2. Developing high quality user experience (UX) and providing a data analysis-based customized service on the hardware side. In addition, we insist on the establishment of the Tourism Promotion Agency for the continuous performance and management of Busan tourism industry. The study ultimately suggests that the construction of ICT convergence platform based on OECD tourism policy can result in the expected outcomes of high effects with low cost for both consumers and suppliers related to the tourism industry.

A Comparison of Combination Therapy with Western and Oriental Medical Treatment versus Mono Therapy with Western Medical Treatment for Functional Recovery in Acute Ischemic Stroke Patients (급성기 뇌경색환자를 대상으로 한양방 병행치료군과 양방 단독치료군간 기능회복도 비교연구)

  • Woo, Su-kyung;Hyun, Sang-ho;Lee, Eun-chan;Kwak, Seung-hyuk;Park, Joo-young;Jung, Woo-sang;Moon, Sang-kwan;Cho, Ki-ho;Kim, Young-suk
    • The Journal of the Society of Stroke on Korean Medicine
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    • v.13 no.1
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    • pp.1-12
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    • 2012
  • Object : This is a study of ischemic stroke patients designed for comparison Combination therapy of western medical treatment and oriental medical treatment. and western medical treatments alone. Methods : 45 patients were diagnosed by Br-MRI scan as having suffered ischemic stroke. They had entered Kyung-Hee Medical hospital within ten days of attack, between March 2011 and October 2012. Patients were divided into two groups; a group treated with Combination therapy of western medical treatment and oriental medical treatment and other group treated with Western medical treatments. Scandinavian stroke scale and Motricity Index score was checked at admission, 2 weeks or 3 weeks later to assess neurologic improvement and motor function recovery. Results : Comparing the Scandinavian stroke scale and Motricity Index score between baseline and 2 or 3 weeks later, the combination therapy group and western medical treatment group had improved but there was no significance. Conclusions : Combination therapy have more beneficial effect on acute stage of stroke.

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