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Analysis of Co-movement and Causality between Supply-Demand Factors and the Shipping Market: Evidence from Wavelet Approach (웨이블릿 분석을 통한 수요-공급요인과 해운시황의 연관성 분석)

  • Jeong, Hoejin;Yun, Heesung;Lee, Keehwan
    • Journal of Korea Port Economic Association
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    • v.38 no.3
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    • pp.87-104
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    • 2022
  • Considering the complex structure and high volatility in the shipping market, it is important to investigate the connectedness amongst influencing factors. This study explores the dynamic relationship between supply-demand factors and shipping freight indices. We choose Capesize and Panamax in the bulk carrier market and use quarterly data of GDP, world fleet, BCI, and BPI from 1999 to 2021. Applying the wavelet analysis and wavelet Granger causality test, the simultaneous examination of co-movement and causality between two factors and the shipping market in both the time and frequency domains is achieved. We find that co-movement and causality vary across time and frequencies, thereby existing dynamic relationships between variables. Second, compared to multiple coherencies using demand and supply factors together, partial coherencies indicate noticeable causalities. It implies that analyzing demand and supply factors separately is essential. Finally, shipping freight indices show a high correlation with the demand factor in a good market and with the supply factor in a bad market. Generally, GDP positively leads shipping freights in the recovery phase while the world fleet negatively leads shipping freights in the downturn. The research is meaningful in that the rarely-applied wavelet analysis is adopted in the shipping market and that it gives a reasonable ground to explain the role of supply and/or demand factors in different phases of the market cycle.

A Study on Plot Lamination methodology for the planning and analysis of storytelling (스토리텔링 기획·분석을 위한 '플롯적층' 방법론 연구)

  • Ahn, Soong-Beum
    • Journal of Popular Narrative
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    • v.26 no.3
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    • pp.255-288
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    • 2020
  • The purpose of this study is to propose 'plot lamination methodology' for planning and analyzing of storytelling. The story contents with a certain volume of narrative might have several important characters. Most of the characters have meaningful influences on the context of the story through their choices and actions as they go through dynamic changes to construct and deconstruct relationships. The plot lamination methodology is the result of an attempt to look at the process from the 'strategic' point of view by focusing on the fact that the main characters with supplementary nature contribute to the independent formation of subplot based on the main plot driven by the protagonist. Regardless of how they live their own unique and autonomous life in the narrative, the main characters hold a relatively subordinate position within the centripetal force of the main plot. Their journeys tend to expand/emphasize/divide up the process of the main plot's 'persuasion via causality,' and also individualize into the functions of emotional sympathy (pathos), moral, ethical perspective (ethos), and rational logic (logos). As such, the subplots of main characters are laminated according to these three functional traits, which could become multi-layered through second or third laminations, depending on the number and roles of other characters. If the plot lamination methodology is further developed through follow-up studies, it will open up the possibilities of the strategic design (planning) and aesthetic criticism (analysis) regarding the procedure of conjugation /branching of subplot and/from the main plot.

Effect of Exogenous Metalaxyl Seed-Soaking on Root Initiation and Elongation of Young Rice Seedling (벼 어린모 뿌리의 분화 및 신장에 미치는 Metalaxyl의 종자침청처리 효과)

  • Kim, Je-Kyu;Park, Kwng-Ho;Lee, Moon-Hee;Oh, Yun-Jin
    • KOREAN JOURNAL OF CROP SCIENCE
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    • v.38 no.6
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    • pp.545-553
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    • 1993
  • The metalaxyl seed-soaking treatment markedly increased the root-mat formation of the young rice seedling(8- to l0-day-old) for machine transplanting. This experiment was conducted to find out a possible rooting mechanism of the young rice seedling in relation to the exogenous metalaxyl seed-soaking treatment. The rice seeds of Hwaseongbyeo variety were soaked in the solution of metalaxyl for 24 hours at room temperature. Metalaxyl(25% wettable powder), a fungicide, was used at the concentration of 200ppm as a promoting substance on the root-mat formation of the young rice seedling. Seeding rate of the young rice seedling was 220g per seed tray(30${\times}$60${\times}$depth 3cm). Metalaxyl seed treatment was highly effective in root initiation and elongation of the young rice seedling in terms of root activity, the number and length of root, and amino acid content of roots. The exogenous metalaxyl application would also increase the chlorophyll content and photosynthetic rate in the young rice seedling. Those factors resulted in vigorous root-mat formation of the young rice seedling. In particular, alanine is a lead compound of metalaxyl which biochemically plays an important role in energy intermediate of the rice plant. Alanine conjugation with a glucose (N-${\beta}$-glucoside) is probably the mechanism in enhancement of initiation and elongation of rice roots of young rice seedling.

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Results of Bronchial Sleeve Resection for Primary Lung Cancer (원발성 폐암에 대한 기관지 소매 절제술의 성적)

  • Kim, Dae-Hyun;Youn, Hyo-Chul;Kim, Soo-Cheol;Kim, Bum-Shik;Cho, Kyu-Seok;Kwak, Young-Tae;Hwang, En-Gu;Kim, Dong-Won;Park, Joo-Chul
    • Journal of Chest Surgery
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    • v.40 no.1 s.270
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    • pp.37-44
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    • 2007
  • Background: It is known that long-term survival rate in patients underwent bronchial sleeve lobectomy for primary lung cancer is at least equal to that in patients underwent pneumonectomy, and bronchial sleeve lobectomy is performed in patients with suitable tumor location even in patients have adequate pulmonary function. Sleeve pneumonectomy is performed when carina was invaded by tumor or tumor location was near to the carina. We performed this study to know our results of sleeve resection for primary lung cancer. Material and Method: We analyzed retrospectively the medical records of 45 patients who underwent sleeve lobectomy or sleeve pneumonectomy for primary lung cancer by one thoracic surgeon from May 1990 to July 2003 in Department of Thoracic & Cardiovascular Surgery, College of Medicine, Kyung Hee University. Follow-up loss was absent and last follow-up was performed in April 5, 2005. Kaplan-Meyer method and log-lank test were used to know long-term survival rate and p-value. Result: Mean age was 60 years old and male to female ratio 41:1. Histologic types were squamous cell carcinoma were 39, adenocarcinoma were 4, and others were 2 patients. Pathologic stages were I 14, II 14, and III 17 patients. Nodal stages were N0 23, N1 13, and N2 9 patients. Types of operation were sleeve lobectomy 40 and sleeve pneumonectomy 5 patients. Operative mortality was 3 patients and its cause was respiratory complications. Early complications were pneumonia 4, atelectasis 8, air leakage more than 7 days 6, and atrial fibrillation 4 patients. In 19 patients tumor was recurred. Local recurrence was 10 and systemic metastasis was 9 patients. Overall 5, 10-year survival rate were 54.2%, 42.5%. The 5, 10-year survival rates according to the pathologic stage were 83.9%, 67.1% in stage I, 55%, 47.1% in II, 33.3%, 25% in III, and significance difference was present between stage I and III. The 5, 10-year survival rate according to the lymph node involvement were 63.9%, 54.6% in N0, 53,8%, 46.5% in N1, 28.5%, 14.2% in N2, and significance difference was present between N0 and N2. Conclusion: Because bronchial sleeve lobectomy for primary lung cancer could be performed safely and shows acceptable long-term survival rate, it could be considered primary in case of suitable tumor location if complete resection is possible. Although sleeve pneumonectomy for primary lung cancer shows somewhat high operative mortality rate, it could be considered in view of curative treatment.

Cencept of adaptability for heavy nitrogen in view of nitrogen metabolism -II. Nitrogen metabolism under the change of itrogen nenvironment (내비성(耐肥性)에 관(關)한 질소대사적(窒素代謝的) 개념(槪念) -II. 질소환경(窒素環境) 변화(變化)에 따른 질소대사(窒素代謝))

  • Yoon, Jong Hyuk;Park, Hoon;Cho, Sung Jin
    • Korean Journal of Soil Science and Fertilizer
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    • v.7 no.1
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    • pp.49-53
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    • 1974
  • Varietal difference in nitrogen metabolism was investigated under water culture system with high (50 or 80ppm) and low (10 or 40 ppm) levels of nitrogen and with two-week minus nitrogen treatment at maximum tillering and heading stage using a leading local variety, Jinheung and high-yielding IR667 line (newly bred tropical variety). 1. In high nitrogen level Jinheung showed higher yield than IR667. vise versa in low nitrogen level. 2. Poor yield of IR667 at high nitrogen may be due to ammonium toxicity that was eliminated by minus nitrogen from culture solution. 3. IR667 was more sensitive to the change of nitrogen environment. 4. With high nitrogen medium Jinheung showed nigher nitrogen uptake and higher capacity of protein synthesis than IR667, and vise versa at low nitrogen medium. 5. From the above facts it could be concluded that Jinheung has higher metabolic adaptability for heavy nitrogen while IR667 has higher structural adaptability for heavy mitrogen and that better productive adaptability will be resulted in the combination of both characteristics.

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Laboratory Observations of Nearshore Flow Patterns Behind a Single Shore-Parallel Submerged Breakwater (해안선에 평행한 단일 잠제 후면 연안 흐름패턴 관측 수리실험)

  • Choi, Junwoo;Roh, Min
    • Journal of Korean Society of Coastal and Ocean Engineers
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    • v.29 no.3
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    • pp.139-146
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    • 2017
  • In order to understand the efficacy of submerged breakwater constructed for the beach protection, laboratory experiments were carried out by observing the characteristics of flow around a single shore-parallel submerged breakwater. The velocity field near the shoreline was measured by utilizing the LSPIV (Large-Scale Particle Image Velocimetry) technique, and mean surface and wave height distributions were observed around the submerged breakwater, according to various combinations of incident waves and submerged breakwaters. In this experiment, it was found that the mean flow pattern behind the submerged breakwater was determined by the balance among the gradients of mean water surface and excess wave-momentum flux (i.e., radiation stress tensors) which interact with the wave-induced current developed by the gradients on the rear and the side of the submerged breakwater. The divergent and convergent flow patterns behind the submerged breakwater (i.e., accretion and erosion response) of the numerical study of Ranasinghe et al.(2010) were observed in the measured velocity distributions, and their empirical formula mostly agreed with the experimental results. However, for some cases in this experiment, it was difficult to say that the flow pattern was one of them and was agreed with the empirical formula.

An Integrated Information Distribution System for Mountain Ridgelines Using Spatial Information (통합정보제공을 위한 공간정보 기반의 국내 능선축 구축)

  • Lee, Moung-Jin;Lee, Soo-Jae;Lee, Chang-Yeon
    • Journal of the Korean Association of Geographic Information Studies
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    • v.17 no.2
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    • pp.107-120
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    • 2014
  • First purpose of this study is to build Korean mountain ridgelines based on GIS by using spatial information and analyze natural environment around mountain ridgelines built before. Second purpose of this study is to integrate Korean ridgelines and natural environment built before and then provide the integrated information related to ridgelines for public. To do so, fist of all, Korean mountain ridgelines including Deagan, Jeongmeak, Gimeak, Jimeak, are built as spatial information. Second, Encoding of mountain ridgelines is conducted to analyze main and divaricate ridgelines systematically as grades of ridgelines. Third, based on spatial information, present condition using natural environment including geographical information, ecological zoning map, environmental conservation value assessment map, is analyzed. Finally, as a method integrating and using the aforementioned three information, the system providing integrated information based on GIS is proposed, To build the GIS data of Gimeak and Jimeak, they should be analyzed in more detail than Beakdu Deagan and Jeongmeak, so existing methodology to build mountain ridgelines based on GIS is improved. According to the distance of each mountain ridgeline, they are separated into five grades, and encoding of each mountain ridgeline based on Beakdu Deagan is applied to all mountain ridgelines to figure out the present condition of ridgelines themselves. In addition, according to the distance of each mountain ridgeline, it is separated into three areas: core, buffer, median zone. Based on three zones, the way to make use of the information efficiently related to mountain ridgelines is proposed. This study systematizes Korean mountain ridgelines which did not have systematic structures and then analyzes systematic mountain ridgelines. Based on this analysis, this study finds the way to makes use of information related to mountain ridgelines effectively.

The Relationship between Perceived Stress Scale and Carotid Intima-Media Thickness Using Ultrasonography in University Students (대학생들의 스트레스 지각 정도와 경동맥 내막-중막 두께의 관계 연구)

  • Kim, Dae-Sik;Sung, Hyun-Ho;Lee, Jong-Woo;Cho, Eun-Kyung
    • Korean Journal of Clinical Laboratory Science
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    • v.49 no.3
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    • pp.308-315
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    • 2017
  • Carotid artery intima-media thickness (CIMT) test is a standardized ultrasound procedure that screens for and monitors atherosclerosis in a safe and non-invasive manner, even in individuals with no symptoms of heart disease. The purpose of this study was to research the relationship between CIMT, as measured by ultrasonography, and the degree of individual perceived stress. There was a total of 168 (male: 46, female: 122) university students in Suwon-si, Gyeonggi-do, Korea, without other diseases. Written informed consent was obtained from all participants. CIMT was measured in the right and left common carotid arteries 1 cm below the bifurcation, and internal carotid artery, using non-invasive high-resolution Medison Accuvix V20 prestige ultrasound equipment and perceived stress, was measured with the 10-item PSS (Perceived Stress Scale) questionnaire. This study indicates that PSS may be appropriate to estimate perceived stress levels and weight. Failure to control stress anxiety could lead to weight and CIMT soaring to dangerous levels, resulting in a myocardial infarction or cerebrovascular accident. There was a statistically significant difference between left CIMT (p<0.05) and weight (p<0.05) according to each stress classification. The results of this study suggest that the weight measurement is influenced in part by one's generalized stress levels. Future continuous studies should be conducted to test the influences of perceived stress and generalized anxiety on CIMT when these are many continuous variables.

Design and Implementation of a Single-Chip 8-Bit Microcontroller (단일 칩 8비트 마이크로컨트롤러의 설계 및 구현)

  • Ahn, Jung-Il;Park, Sung-Hwan;Kwon, Sung-Jae
    • Journal of Korea Society of Industrial Information Systems
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    • v.11 no.4
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    • pp.72-81
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    • 2006
  • In this paper, we first define a total of 64 instructions that are considered to be essential and frequently used, construct a datapath diagram, determine the control sequence using a finite state machine, and implement an 8-bit microcontroller using FPGA in VHDL. In the past, only functional simulation results of a rudimentary microcontroller were reported, the microcontroller lacked interrupt handling capability, or it was not implemented in hardware. We have designed a self-contained 8-bit microcontroller such that it can perform data transfer, addition, and logical operations, as well as stack and external interrupt operations. Following timing simulation of the designed microcontroller, we implemented it in an FPGA and verified its operation successfully. The design and implementation has been done under the Altera MAX+PLUS II integrated development environment using the EP1K50TC144-3 chip. The maximum operating frequency, the total number of logic elements used, and the logic utilization were found to be 9.39 MHz, 2813, and 97%, respectively. The result can be used as a microcontroller IP, and as needs arise, the VHDL code can be modified accordingly.

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Light and Scanning Electron Microscopy of Tetragomphius procyonis (Ancylostomatoidea) from Wild Badger (한국산 야생 오소리에서 분리한 오소리구충 (Tetragomphius procyonis)의 광학 및 주사전자현미경 소견)

  • Son, Hwa-Young;Oh, Yoon-Hee;Kim, Hyeon-Cheol;Park, Bae-Keun
    • Journal of Veterinary Clinics
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    • v.26 no.4
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    • pp.379-385
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    • 2009
  • Tetragomphius procyonis Baylis & Daubney, 1923 were obtained from the pancreatic duct of a naturally infected Eurasian badger, Meles meles, which was submitted to animal hospital for parasitic diagnosis from Gyeryongsan National Park in Korea. The hookworms were examined by light and scanning electron microscope. The length of body measured male 15.0-18.8 mm, female 21.5-25.5 mm, respectively. In both sex, the ventral cutting plates of oral margin are much reduced and elongated latero-dorsally, the dorsal cutting plate is located long follow doral margin of the oral opening. The buccal capsule is cup-shaped and thicken with four cusped tooth at its base. The copulatory bursa has elongated ventral lobes and their large rays are parallel, while the dorsal lobe with its supporting rays is slightly split in two. The slender spicules are filariform and very long (8.7-9.3 mm), and their tips are fused together. The hookworm has following characters: dorsal cone on the both sex, gubernaculum on the male and terminal spine on the female tail absent; vulva is opening in the juction of the fourths and fifths of the body; dorsal ray with two long stems. The eggs from the uterus are 16 cell stages and those from the rectal feces, 32 cell stages. The size of eggs is 77.48-83.45 ${\times}$ 50.75-63.38 ${\mu}m$.