• Title/Summary/Keyword: Bank Performance

Search Result 560, Processing Time 0.027 seconds

Development of Test Facility for Micro Gas Turbine (마이크로 가스터빈 시험 장치 개발)

  • Lim, Hyung-Soo;Choi, Bum-Seog;Park, Moo-Ryong;Hwang, Soon-Chan;Park, Jun-Young;Seo, Jeongmin;Bang, Je-Sung;Lim, Young-Chul;Oh, In-Kyun;Kim, Byung Ok;Cho, Ju Hyeong
    • The KSFM Journal of Fluid Machinery
    • /
    • v.18 no.5
    • /
    • pp.42-48
    • /
    • 2015
  • To improve the core technology of the micro gas turbine, the performance test facility was developed. This paper is focusing on the explanation of the characteristics of micro gas turbine and its assist devices. Major part of micro gas turbine were radial type of compressor, annular type of combustor, radial type of turbine, thrust foil bearing, radial foil bearing and generator. The assist devices were consist of exhaust duct, inverter, data acquisition system, load bank and test cell. Before building up the test facility, the component test was previously conducted to confirm the component performance. After the test facility was prepared, the motoring test was conducted to investigate the rotor dynamic characteristics of the micro gas turbine. Also, the part load performance test was performed. With a developed micro gas turbine test facility, the improved core technology about the micro gas turbine can be suggested to the related industries.

Performance Evaluation for Speed of Mobile Devices in UFMC Systems (UFMC 시스템에서 모바일 장치의 이동속도에 대한 성능평가)

  • Lee, Kyuseop;Choi, Ginkyu
    • The Journal of the Institute of Internet, Broadcasting and Communication
    • /
    • v.17 no.1
    • /
    • pp.53-58
    • /
    • 2017
  • UFMC is known as the one among novel multi-carrier modulation techniques which are designed for replacing OFDM for 5G wireless communication systems. It is the generalized model of OFDM and FBMC, which combines the advantages of OFDM and FBMC and avoids their weak points. UFMC is more robust in synchronization condition like Time-frequency misalignment compared to CP-OFDM. Moreover UFMC is more proper to burst uplink transmission like M2M 5G Communications. In this paper we analyze the BER performance in various channels and speeds. The simulation result shows that the BER performance is lowered when mobile devices are moving fast and the BER performance is so sensitive for the good channel environment.

Efficient Parallel IP Address Lookup Architecture with Smart Distributor (스마트 분배기를 이용한 효율적인 병렬 IP 주소 검색 구조)

  • Kim, Junghwan;Kim, Jinsoo
    • The Journal of the Korea Contents Association
    • /
    • v.13 no.2
    • /
    • pp.44-51
    • /
    • 2013
  • Routers should perform fast IP address lookup for Internet to provide high-speed service. In this paper, we present a hybrid parallel IP address lookup structure composed of four-stage pipeline. It achieves parallelism at low cost by using multiple SRAMs in stage 2 and partitioned TCAMs in stage 3, and improves the performance through pipelining. The smart distributor in stage 1 does not transfer any IP address identical to previous one toward the next stage, but only uses the result of the previous lookup. So it improves throughput of lookup by caching effects, and decreases the access conflict to TCAM bank in stage 3 as well. In the last stage, the reorder buffer rearranges the completed IP addresses according to the input order. We evaluate the performance of our parallel pipelined IP lookup structure comparing with previous hybrid structure, using the real routing table and traffic distributions generated by Zipf's law.

An Effect on the Project and Organization Performance by PMO Service (PMO 서비스가 프로젝트 및 조직 성과에 미치는 영향 연구)

  • Lee, Seong-Mong;Kim, Hyunsoo;Kim, Eun-Hong
    • Journal of Service Research and Studies
    • /
    • v.2 no.2
    • /
    • pp.53-79
    • /
    • 2012
  • According to Electronic Times(2012. 1. 3), "PMO was introduced from 1950s in the USA and as of 2010, PMO participated in 84% of project ordered by public and private sector." And Ministry of public administration and security announced that the Ministry will organize Task Force for arranging "standard for introduction and operation of PMO" for support of project implementation and strengthening specialty of ordering organization, and then, actively launch the Task Force from February, 2012. Thus, necessity of PMO is regarded as natural in some aspect but thesis for doctoral degree written by Kim Gi-yeong(2007) suggested, "performance of several projects begun at the same time cannot be interpreted as high according to whether PMO team exists or not." Martin et al.(2005) asserted, "according to whether PMO team exists or not, but there is no significant difference in other factor." In the contradictory situation, it is necessary to perform more various approaches for performance and necessity of PMO in the academic aspect.

  • PDF

The Dynamic Effects of Globalization on the Firm Performance: A Study on Korea Maritime and Fishery Companies

  • Donghyun Lee;Heedae Park;Joongsan Ko
    • Journal of Korea Trade
    • /
    • v.26 no.7
    • /
    • pp.127-144
    • /
    • 2022
  • Purpose - This study aimed to analyze the dynamic effects of progress in globalization on firm performance by employing individual companies' financial statement datasets. Design/methodology - The analysis leveraged the variables of operating revenue (OPRE) and pre-tax profit and loss (PLBT) as measurement variables for firm performance over 2011-2019. As a proxy variable for globalization, the trade index, a subordinate indicator of the KOF Globalization Index, was used. Through panel regression analysis, the relationship among those variables was ascertained, and the local projection (LP) method was subsequently utilized to identify dynamic effects. A subsample analysis was further performed by classifying companies based on their sizes and industries to determine the differential effects of globalization on each group. Findings - The panel regression analysis derived positive effects of an increasing degree of globalization on OPRE of Korea maritime and fishery firms. However, the impulse response functions, obtained from the LP, showed that in the short run, globalization affects PLBT negatively but in the long run, it gradually converted into a positive effect. In addition, according to the subsample analysis based on company size, the effects of globalization on OPRE became greater as each company became larger. Moreover, the industry-based analysis showed heterogeneous effects, depending on the industries in which the maritime and fishery companies operated. Originality/value - The analysis of the dynamic effects of globalization on firm performance, which revealed that the effects vary depending on the time points, is the important contribution of this study. The results also suggest that the effects of globalization vary depending on the company size and industry.

Cumulative Effects of Trade Liberalization : The Case of Korean Manufacturing (무역자유화의 동태적 누적효과: 한국 제조업)

  • Park, Soonchan
    • Economic Analysis
    • /
    • v.17 no.4
    • /
    • pp.30-51
    • /
    • 2011
  • Since the previous studies on the effects of trade liberalization implicitly assume that trade liberalization affects economic performance only in any point in time, they inevitably are static. Static evaluations fail to account for cumulative dynamic effects of trade liberalization that affect continuously economic performance. This paper tries to fill this gap of the previous studies in this field, estimating cumulative effects of trade liberalization on economic performance by employing an dynamic version of empirical model. One of important empirical issue is controlling bias from endogeneity. To resolve this problem, this paper employes system GMM that uses lagged first-differences as instruments for level equations and lagged levels as instruments for first-differences equations. It improves upon cross-section estimators because it controls for the potential bias induced by the omission of industry-specific effects and the endogeneity of all regressors. This study investigates the effects of trade liberalization in Korean manufacturing for the period from 1988 to 2005 and finds that cumulative dynamic effects of trade liberalization are present and bigger than static effects.

The Effect of Market Structure on the Performance of China's Banking Industry: Focusing on the Differences between Nation-Owned Banks and Joint-Stock Banks (개혁개방 이후 중국 은행산업의 구조와 성과: 국유은행과 주식제 은행의 차이를 중심으로)

  • Ze-Hui Liu;Dong-Ook Choi
    • Asia-Pacific Journal of Business
    • /
    • v.14 no.4
    • /
    • pp.431-444
    • /
    • 2023
  • Purpose - This study applies the traditional Structure-Conduct-Performance (SCP) model from industrial organization theory to investigate the relationship between market structure and performance in China's banking industry. Design/methodology/approach - For analysis, financial data from the People's Bank of China's "China Financial Stability Report" and financial reports of 6 state-owned banks and 11 joint-stock banks for the period 2010 to 2021 were collected to create a balanced panel dataset. The study employs panel fixed-effects regression analysis to assess the impact of changes in market structure and ownership structure on performance variables including return on asset, profitability, costs, and non-performing loan ratios. Findings - Empirical findings highlight significant differences in the effects of market structure between state-owned and joint-stock banks. Notably, increased market competition positively correlates with higher profits for state-owned banks and with lower costs for joint-stock banks. Research implications or Originality - State-owned banks demonstrate larger scale and stability, yet they struggle to respond effectively to market shifts. Conversely, joint-stock banks face challenges in raising profitability against competitive pressures. Additionally, the study emphasizes the importance for Chinese banks to strengthen risk management due to the increase of non-performing loans with competition. The results provide insights into reform policies for Chinese banks regarding the involvement of private sector in the context of market liberalization process in China.

Filter-Bank Based Regularized Common Spatial Pattern for Classification of Motor Imagery EEG (동작 상상 EEG 분류를 위한 필터 뱅크 기반 정규화 공통 공간 패턴)

  • Park, Sang-Hoon;Kim, Ha-Young;Lee, David;Lee, Sang-Goog
    • Journal of KIISE
    • /
    • v.44 no.6
    • /
    • pp.587-594
    • /
    • 2017
  • Recently, motor imagery electroencephalogram(EEG) based Brain-Computer Interface(BCI) systems have received a significant amount of attention in various fields, including medicine and engineering. The Common Spatial Pattern(CSP) algorithm is the most commonly-used method to extract the features from motor imagery EEG. However, the CSP algorithm has limited applicability in Small-Sample Setting(SSS) situations because these situations rely on a covariance matrix. In addition, large differences in performance depend on the frequency bands that are being used. To address these problems, 4-40Hz band EEG signals are divided using nine filter-banks and Regularized CSP(R-CSP) is applied to individual frequency bands. Then, the Mutual Information-Based Individual Feature(MIBIF) algorithm is applied to the features of R-CSP for selecting discriminative features. Thereafter, selected features are used as inputs of the classifier Least Square Support Vector Machine(LS-SVM). The proposed method yielded a classification accuracy of 87.5%, 100%, 63.78%, 82.14%, and 86.11% in five subjects("aa", "al", "av", "aw", and "ay", respectively) for BCI competition III dataset IVa by using 18 channels in the vicinity of the motor area of the cerebral cortex. The proposed method improved the mean classification accuracy by 16.21%, 10.77% and 3.32% compared to the CSP, R-CSP and FBCSP, respectively The proposed method shows a particularly excellent performance in the SSS situation.

The effect of national level of ICT on economic growth : Focusing on the moderating effect of government regulation and international market competitive advantage (국가 정보화 수준이 경제성장에 미치는 영향: 규제와 경쟁우위의 조절효과를 중심으로)

  • Lee, Yea-rim;Kim, Hag-Min
    • International Commerce and Information Review
    • /
    • v.19 no.2
    • /
    • pp.3-24
    • /
    • 2017
  • The level of ICT in the country affects economic performance as a basic infrastructure that has a significant impact on the competitiveness of the country. With the proliferation of globalization, ICT-related economic activities such as electronic trade are becoming more active, and the importance of ICT in the country is increasing. This study sought to analyze the impact of ICT level on the economic performance of the nation by subdividing it into three dimensions: accessibility, usage, and utilization skill. In particular, we sought to find ways to effectively resolve the digital divide between developed and developing countries by analyzing the difference in economic impact of ICT level. Furthermore, we tried to verify whether the government regulation and firm's nature of competitive advantage in the international markets play a moderating role in the economic impacts of ICT in the country. As a result of panel analysis with data collected from ITU, WEF and World bank national ICT level has consistently significant influence on economic growth in terms of access and usage. In addition, it was confirmed that the competitive advantage of companies in developed countries and the government regulation in developing countries have a significant moderating effect on the relationship between ICT level and economic growth.

  • PDF

Estimation of Economic Effects on Overseas Oil and Gas E&P by Macroeconomic Model of Korea (거시경제모형을 이용한 해외석유가스개발사업의 경제적 효과 추정 연구)

  • Kim, Ji-Whan;Chung, Woo Jin;Kim, Yoon Kyung
    • Environmental and Resource Economics Review
    • /
    • v.23 no.1
    • /
    • pp.133-156
    • /
    • 2014
  • In general, quantity results of empirical analysis using model shows how much big performance policy has. Therefore this is useful to evaluate a policy. This paper composed macro economic model based on Bank of Korea's quarterly model and annual model, that estimates performance of overseas oil and gas development project to Korean economy in aspect of quantity. In this model, we estimated each effect in real GDP, current account, unemployment rate, CPI and exchange rate carried by recovered amount from overseas oil and gas development project. The recovered amount was evaluated in currency coming from oil and gas acquired from overseas oil and gas development project. Macro economic model of this paper benchmarked macro model composed by Bank of Korea(1997, 2004, 2012). We reviewed model robustness using statistical suitability of each equation and historical simulation for from 1994 to 2011. The recovered amount of overseas oil and gas development project has positive effect in every macro economic index except CPI and exchange rate. Economic effect to macro economic index become bigger with time because the recovered amount of overseas oil and gas development project are increasing until now. Although empirical results of economic effects in every year from the recovered amount of overseas oil and gas development project are different, as of 2011, empirical results showed that the recovered amount of overseas oil and gas development project increase 2.226% and 0.401% in current account and real GDP respectively. And it also decrease 0.489%p in unemployment rate. Exchange rate to US dollars also decrease in amount of 0.379%.