• Title/Summary/Keyword: Asymmetric Effect

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The Causality and Volatility Spillover between Farming fish Species in Consumption Replacement Relation (소비 대체 양식어종 간의 가격 인과성과 변동성 전이에 관한 연구)

  • Kang, Seok-Kyu
    • The Journal of Fisheries Business Administration
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    • v.46 no.3
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    • pp.119-127
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    • 2015
  • This study is to analyse the causality and volatility spillover between farming fish species in consumption replacement relation using flatfish(oliver flounder) and rockfish's wholesale market price data from September 2006 to July 2015. For the analysis, VAR(5) model and bivariate asymmetric GARCH-BEKK model are employed. The empirical results of this study are summarized as follows: First, the price volatility of flatfish and rockfish is very large without the trend during the sample period. Second, the correlation coefficient between flatfish and rockfish wholesale markets has positive 0.1059 value. Third, causality relation is unidirectional from rockfish market to flatfish market. Fourth, conditional volatility spillover effect is unidirectional from rockfish market to flatfish market, but asymmetric volatility effect is bidirectional between flatfish and rockfish markets that implies the bad news arising from flatfish wholesale market impact on rockfish market's volatility and the bad news arising from rockfish wholesale market impact on flatfish market's volaltilty. Consequently, based on the thus results, the volatility spillover effect interacts and is bidirectional between flatfish and rockfish wholesale markets.

Information Transmission of Volatility between WTI and Brent Crude Oil Markets

  • Kang, Sang Hoon;Yoon, Seong-Min
    • Environmental and Resource Economics Review
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    • v.22 no.4
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    • pp.671-689
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    • 2013
  • Transmission mechanisms of volatility between two crude oil markets (WTI and Brent markets) have drawn the attention of numerous academics and practitioners because they both play crucial roles in portfolio and risk management in crude oil markets. In this context, we examined the volatility linkages between two representative crude oil markets using a VECM and an asymmetric bivariate GARCH model. First, looking at the return transmission through the VECM test, we found a long-run equilibrium and bidirectional relationship between two crude oil markets. However, the estimation results of the GARCH-BEKK model suggest that there is unidirectional volatility spillover from the WTI market to the Brent market, implying that the WTI market tends to exert influence over the Brent market and not vice versa. Regarding asymmetric volatility transmission, we also found that bad news volatility in the WTI market increases the volatility of the Brent market. Thus, WTI information is transmitted into the Brent market, indicating that the prices of the WTI market seem to lead the prices of the Brent market.

Effect of Plank Exercise on the Abdominal Muscle Thickness of Subjects with Asymmetric Pelvic Anterior Tilt (플랭크 운동이 비대칭 골반 앞기울임을 가진 대상자의 복부근육 두께 변화에 미치는 영향)

  • Park, Kanghui;Kim, Hyoungsu
    • Journal of The Korean Society of Integrative Medicine
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    • v.6 no.3
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    • pp.25-32
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    • 2018
  • Purpose : This study investigated the effects of different types of plank exercise on abdominal muscle thickness in subjects with asymmetric pelvic anterior tilt. Methods : Participants with a diagnosis of pelvic anterior tilt were divided into an experimental group (n=12) and a control group (n=13). The thicknesses of the transverse abdominis (TrA), internal oblique (IO), and external oblique (EO) muscles were measured using an ultrasound diagnostic apparatus. The data were analyzed using an SPSS (Ver. 21) program. Results : In the experimental group, there was a significant difference in the thicknesses of the left and right muscles in the standing and elbow plank exercises (p<.05). All the muscle thicknesses increased significantly during the plank exercises(elbow plank, right-side plank, and left-side plank) as compared with those in the standing position (p<.05). In addition, the side-plank exercise resulted in significantly higher muscle thickness of the supported side (p<.01, p<.001). Conclusion : These findings suggest that asymmetric exercise should be applied to the change of the left and right muscles of the abdominal when applying plank exercise according to pelvic anterior tilt.

LAMINAR FLOW OVER A CUBOID (직육면체를 지나는 층류 유동)

  • Kim, Dong-Joo
    • Journal of computational fluids engineering
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    • v.13 no.1
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    • pp.57-62
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    • 2008
  • Laminar flows over a cube and a cuboid (cube extended in the streamwise direction) are numerically investigated for the Reynolds numbers between 50 and 350. First, vortical structures behind a cube and lift characteristics are scrutinized in order to understand the variation in vortex shedding characteristics with respect to the Reynolds number. As the Reynolds number increases, the flow over a cube experiences the steady planar-symmetric, unsteady planar-symmetric, and unsteady asymmetric flows. Similar to the sphere wake, the planar-symmetric flow over a cube can be divided into two different regimes: single-frequency regime and multiple-frequency regime. The former has a single frequency due to regular shedding of vortices with the same strength in time, while the latter has multiple frequency components due to temporal variation in the strength of shed vortices. Second, the effect of the length-to-height ratio of the cuboid on the flow characteristics is investigated for the Reynolds number of 270, at which planar-symmetric vortex shedding takes place behind a cube. With the ratio smaller than one, the flow over the cuboid becomes unsteady asymmetric flow, whereas it becomes steady flow for the ratios greater than one. With increasing the ratio, the drag coefficient first decreases and then increases. This feature is related to the flow reattachment on the side faces of the cuboid.

Effect of Initial Texture on the Development of Goss Orientation of Asymmetrically Rolled Steel Sheets (비대칭 압연한 강판의 GOSS 방위 발달에 미치는 초기 집합조직의 영향)

  • Lee, C.W.;Jeong, H.T.;Lee, D.N.;Kim, I.
    • Transactions of Materials Processing
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    • v.29 no.1
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    • pp.27-36
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    • 2020
  • The Goss texture component of {110}<001> is well known as one of the best texture components to improve the magnetic properties of electrical steel sheets. The small amount of the Goss texture component is obtained at the surface of the steel sheet by shear deformation due to friction between the steel sheet and the roll during conventional symmetric rolling. This study aims to identify a method to obtain high intensity of the Goss texture component not only at the surface but in the whole layer of the steel sheet by shear deformation of asymmetric rolling. Low carbon steel sheets, which have different initial texture, were asymmetrically rolled by about 50%, 70%, and 80%. The pole figures of the top, center, and bottom layers of the initial and asymmetrically rolled low carbon steel sheets were measured by an X-ray diffractometer. Based on the measured pole figures of these samples, the intensities of the main texture components were analyzed for the initial and asymmetrically rolled low carbon steel sheets. As a result, the initial low carbon steel sheet with the γ-fiber component showed a higher intensity of the Goss texture component in the whole layer than the steel sheet with other texture components after asymmetric rolling.

SIMULATION OF FLUID-STRUCTURE INTERACTION OF A TOWED BODY USING AN ASYMMETRIC TENSION MODEL (비대칭 장력 모델을 이용한 예인 물체의 유체-구조 상호작용 모사)

  • Shin, Sang-Mook
    • Journal of computational fluids engineering
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    • v.16 no.1
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    • pp.7-13
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    • 2011
  • The fluid-structure interaction of a towed body is simulated using a developed code, which is based on the flux-difference splitting scheme on the hybrid Cartesian/immersed boundary method. To improve the stability in the coupling between the fluid and structure domains, a scheme is used, in which the effects of structure deformation are treated implicitly. The developed code is validated for the fluid-structure interaction problem through comparisons with other results on the vortex-induced vibration of elastically mounted cylinders. To simulate behavior of a towed body, an asymmetric tension modelling for a towing cable is suggested. In the suggested model, the tension is proportional to the elongation of the cable, but the cable has no effect on the body motion whenever the distance between the endpoints of the cable is smaller than the original length of the cable. The fluid-structure interactions of a towed body are simulated on the basis of different parameters of the towing cables. It is observed that the suggested tension model predicts the snapping for a shorter towing cable, which is in accordance with the reported results.

Analysis and Reduction of Subsidiary Resonance of an Optical Pickup Actuator (광 픽업 액추에이터의 부공진 원인 규명과 저감화)

  • Seo, Jin-Gyu;Jeong, Ho-Seop;Park, Gi-Hwan
    • Transactions of the Korean Society of Mechanical Engineers A
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    • v.24 no.3 s.174
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    • pp.728-734
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    • 2000
  • An asymmetric actuator can be used to reduce the distance between the reflective mirror and objective lens of a small optical disk drive for use in the notebook-sized personal computer data storage devices. However, this asymmetric actuator is very sensitive to the subsidiary resonance which is caused by its rigid body motion. In this paper, an analytical approach using a simple lumped parameter system model is presented with a physical insight to investigate why the subsidiary resonance occurs. The finite element method is used to figure out the force and torque characteristics of the asymmetric actuator which are essential to understand the subsidiary vibration characteristics. The frequency responses are presented to examine how the subsidiary resonance is altered for various situations of having different thickness of a yoke and permanent magnet and of having a different magnet circuit. Finally, the design guidelines to avoid the subsidiary resonance will be presented.

Comparison of Cone Model Parameters for Halo Coronal Mass Ejections

  • Na, Hyeon-Ock;Moon, Yong-Jae
    • The Bulletin of The Korean Astronomical Society
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    • v.36 no.2
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    • pp.96.1-96.1
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    • 2011
  • Halo coronal mass ejections (HCMEs) are major cause of the geomagnetic storms. To minimize the projection effect by coronagraph observations, we consider two CME cone models: an ice-cream cone model and an asymmetric cone model. These models allow us to determine three dimensional parameters of HCMEs such as radial speed, angular width, and the angle between sky plane and cone axis. In this study, we compare these parameters obtained from both models using 50 well-observed HCMEs from 2001 to 2002. Then we obtain the root mean square error (RMS error) between measured projection speeds and estimated ones for the models. As a result, we find that the radial speeds obtained from the models are well correlated with each other (R=0.89), and the correlation coefficient of angular width is 0.68. The correlation coefficient of the angle between sky plane and cone axis is 0.42, which is much smaller than what is expected. The reason may be due to the fact that the source locations of the asymmetric cone model are assumed to be near the center. The average RMS error of the asymmetric cone model (86.2km/s) is slightly smaller than that of the ice-cream cone model (88.6km/s).

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Design and fabrication of SOI $1\times2$ Asymmetric Optical Switch by Thermo-optic Effect (열광학 효과를 이용한 SOI $1\times24$ 비대칭 광스위치 설계 및 제작)

  • 박종대;서동수;박재만
    • Journal of the Institute of Electronics Engineers of Korea SD
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    • v.41 no.10
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    • pp.51-56
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    • 2004
  • We propose and fabricate an 1${\times}$2 asymmetric optical switch by TOE using SOI wafer based on silicon which has very large TOE figure and it is a good material for optical devices. SOI wafer consists of 3 layers; upper Si layer for device(waveguide;core, n=3.5), buried oxide layer for insulator(clad, n=1.5) and Si substrate layer. We designed 1${\times}$2 asymmetric y-branched single mode optical waveguide switch by BPM simulation and metal heater by heat transfer simulation. Fabricated switch shows about 3.5 watts of power consumption and over 20dB of crosstalk between output channels.

The Stock Price Response of Palm Oil Companies to Industry and Economic Fundamentals

  • ARINTOKO, Arintoko
    • The Journal of Asian Finance, Economics and Business
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    • v.8 no.3
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    • pp.99-110
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    • 2021
  • This study aims to examine empirically the industry and economic fundamental factors that affect the stock prices of the leading palm oil company in Indonesia. The dynamics of stock price are analyzed using the autoregressive distribution lag (ARDL) model both for symmetric and asymmetric effects. The data used in this study are monthly data for the period from 2008:01 to 2020:03. In the long run, the company stock price moves in line with the competitor company stock price at the current time. The palm oil price has a positive effect on the stock price. Meanwhile, inflation negatively affects the stock price in the short run. The estimated equilibrium correction coefficient indicates a reasonably quick correction of the distortion of the stock price equilibrium in monthly dynamics. However, fundamental factors have asymmetric effects, especially the response of stock price when these factors decrease rather than increase in the short run. Stock prices that are responsive to declines in fundamental performance should be of particular concern to both investors and management in their strategic decision making. The results of this study will contribute to the enrichment of literature related to stock prices from the viewpoint of economic analysis on firm-level data.