• Title/Summary/Keyword: Consumption patterns

Search Result 1,016, Processing Time 0.027 seconds

Business Cycle Consumption Risk and the Cross-Section of Stock Returns in Korea (경기순환주기 소비위험과 한국 주식 수익률 횡단면)

  • Kang, Hankil
    • Journal of Korean Society of Industrial and Systems Engineering
    • /
    • v.44 no.4
    • /
    • pp.98-105
    • /
    • 2021
  • Using the frequency-based decomposition, I decompose the consumption growth to explain well-known patterns of stock returns in the Korean market. To be more specific, the consumption growth is decomposed by its half-life of shocks. The component over four years of half-life is called the business-cycle consumption component, and the components with half-lives under four years are short-run components. I compute the long-run and short-run components of stock excess returns as well and use component-by-component sensitivities to price stock portfolios. As a result, the business-cycle consumption risk with half-life of over four years is useful in explaining the cross-section of size-book-to-market portfolios and size-momentum portfolios in the Korean stock market. The short-run components have their own pricing abilities with mixed direction, so that the restricted one short-term factor model is rejected. The explanatory power with short- and long-run components is comparable to that of the Fama-French three-factor model. The components with one- to four-year half-lives are also helpful in explaining the returns. The results about the long-run components emphasize the importance of long-run component in consumption growth to explain the asset returns.

Fish Purchasing Behavior and Implications for Promoting Sustainable Consumption: A Malaysian Case

  • Ee Von GOH;Susan AZAM-ALI;Fiona MCCULLOUGH
    • Asian Journal of Business Environment
    • /
    • v.13 no.2
    • /
    • pp.29-37
    • /
    • 2023
  • Purpose: Motivated by the fact that Malaysians fish consumption patterns and preferences have raised sustainability concerns, this study aims to understand the key entry points to promote sustainable consumption and increased uptake of sustainably sourced fish among Malaysian consumers. This is achieved by exploring the individual determinants of Malaysian consumers' fish purchasing behaviors and their subjective and objective knowledge of fish. Research design, data, and methodology: A survey was conducted using interviewled questionnaire on 250 consumers in selected Malaysian populations recruited via street-intercept random sampling. Results: Findings confirmed the homogeneous societal culture of fish consumption amongst Malaysians. Females and consumers with advanced degree are found to be potentially effective primary targets of sustainable consumption interventions. Future interventions should consider the solutions to the low health and sustainability literacies among Malaysian consumers, and limited availability, accessibility, and affordability of sustainable options in Malaysia. Conclusion: The study findings provide new insights for the multisectoral stakeholders in the region working on promoting sustainable fish consumption and sustainable fisheries in general.

Factors Affecting Bone Mineral Density by Dietary Pattern Group for Some Korean College Women (일부 우리나라 여대생의 식사 패턴군에 따른 골밀도에 영향을 미치는 요인 분석)

  • Song, Yoon-Ju;Paik, Hee-Young;Yu, Choon-Hie
    • Journal of Nutrition and Health
    • /
    • v.39 no.5
    • /
    • pp.460-466
    • /
    • 2006
  • To investigate the effects of dietary patterns on bone mineral density and its biochemical markers among Korean healthy college women for 2 years, 34 female college students were recruited through convenience sampling. Bone mineral density was measured using Dual Energy X-ray Absorptiometry (DEXA) twice at baseline and two years later. Osteocalcin and parathyroid hormone were measured in fasting serum and N-teleopeptides of type collagen (NTx) in urine. Dietary intake was assessed by 24-hour recall method 8 times with average 4-month interval. Dietary patterns with percent energy of each food group using cluster analysis were classified into two groups. The first cluster (n = 16) was characterized with high consumption of bread, snack, fast foods, beverage and considerable of rice so it was determined as 'Modified dietary pattern group'. The second cluster was characterized with high consumption of rice and kimchi so determined as 'Traditional dietary pattern group'. There were no significant difference of age, menarcheal age, body mass index but percent of body fat by pattern groups. The traditional group showed higher value of bone mineral density among lumber spine and all femur sites at baseline and 2 years later but it was not significant after adjusted for percent of body fat. Serum osteocalcin and urine NTx was higher among the traditional group at baseline than the modified group. There were similar proportions of carbohydrate:fat:protein between groups but significantly higher intake of protein, iron, vitamin A among the traditional group. In conclusion, there were two distinctive dietary patterns among Korean college women. There was difference of bone mineral density and its biochemical markers between two patterns. Further research would be necessary to explore the relationship between dietary patterns and health risks for larger-sized and various populations.

The Beverage Consumption Patterns among Elementary.Middle.High School Students and Teachers (초.중.고등학생과 교사의 음료 소비문화)

  • Kim, Hyang-Sook;Kim, Young-Nam;Sin, Mal-Sik;Lee, Kyoung-Ae;Baik, Su-Jin;Jo, Sook-Ja
    • Korean Journal of Human Ecology
    • /
    • v.7 no.1
    • /
    • pp.235-245
    • /
    • 1998
  • This survey was carried out to investigate the beverage consumption pattern. The Questionnaire, which consists of preference, quantity of daily consumption, selection, consumption of traditional beverages and so on, was distributed to elementary, middle and high school students and Home Economics teachers. Compared with teachers, students prefer soft drinks to coffee and tea. The factor considered as important appeared taste when they choose beverages. The reasons why they drink beverage were its being tasty and their heavy thirst. Among traditional beverages, sikhae was consumed most frequently at home. More than 50% of respondents answered that they had experiences of drinking whachae, soochungkwa, citron tea and ginger tea.

  • PDF

A Study on the Optimal Driving by Analysis on EMU Running Result and Simulation (전동열차 주행결과와 시뮬레이션 분석을 통한 최적주행 연구)

  • Kim, Chi-Tae;Kim, Dong-Hwan;Han, Seong-Ho
    • The Transactions of the Korean Institute of Electrical Engineers P
    • /
    • v.61 no.3
    • /
    • pp.129-133
    • /
    • 2012
  • As people are getting concerned to Environment recently, researches on the environmentally-friendly and effective railway system have been conducted in every aspects. Especially as it became known that the pattern of train driving causes the difference in energy consumption, the researches on the train driving to minimize the energy consumption are gaining a lot of interest. The main study showed the optimal driving to minimize energy consumption while driving after analyzing real driving data measured by EMU of Bundang-line real driving, determining the impact on energy consumption due to train driving pattern changes, executing a variety of simulation on real driving patterns by Matlab Simulink and finally driving between stations by given driving times.

Memory Design for Artificial Intelligence

  • Cho, Doosan
    • International Journal of Internet, Broadcasting and Communication
    • /
    • v.12 no.1
    • /
    • pp.90-94
    • /
    • 2020
  • Artificial intelligence (AI) is software that learns large amounts of data and provides the desired results for certain patterns. In other words, learning a large amount of data is very important, and the role of memory in terms of computing systems is important. Massive data means wider bandwidth, and the design of the memory system that can provide it becomes even more important. Providing wide bandwidth in AI systems is also related to power consumption. AlphaGo, for example, consumes 170 kW of power using 1202 CPUs and 176 GPUs. Since more than 50% of the consumption of memory is usually used by system chips, a lot of investment is being made in memory technology for AI chips. MRAM, PRAM, ReRAM and Hybrid RAM are mainly studied. This study presents various memory technologies that are being studied in artificial intelligence chip design. Especially, MRAM and PRAM are commerciallized for the next generation memory. They have two significant advantages that are ultra low power consumption and nearly zero leakage power. This paper describes a comparative analysis of the four representative new memory technologies.

A Study on the Changing Factors of the Electricity Consuming Pattern in accordance with the change in the Economic Growth Structure (경제성장 구조변화에 따른 전력소비 변화요인 연구)

  • Rhee, Sang-Chul
    • Proceedings of the KIEE Conference
    • /
    • 2005.11b
    • /
    • pp.151-155
    • /
    • 2005
  • An electricity consumption is closely related to the economic growth structure. The change of economic growth structure affects the pattern of electricity consumption widely and severely. This paper gives that the primary changing factors of electricity growth are economic growth, change of industry structure(the change of electricity consumption ratio in case of residential sector), and the effect of electricity saying. It gives a model to analyze the influence of GDP to the change of electricity consumption patterns by sector through the period of pre and post 1998(IMF, financial crisis) to observe the contribution of each factor to the growth of electricity demand. It is anticipated that this study shows the feasible scheme of economic structure to become the developed country.

  • PDF

Consumption and Allowance Management by Different Types of Adolescent Consumers (소비성향에 따른 청소년 소비자 유형별 소비와 용돈관리 실태 비교)

  • 이은희;남수정
    • Journal of Families and Better Life
    • /
    • v.22 no.4
    • /
    • pp.157-171
    • /
    • 2004
  • In this study, adolescent consumers were first classified by their consumption propensity, and different types of adolescent consumers were compared regarding their consumption behavior and allowance management. The adolescents were classified into four groups by type of control and symbol-orientation. The adolescents of the external control group possessed more commodities than the internal control group. There were significant differences in the patterns of allowance management in the four groups. The low-external symbol group owned more commodities than high-external symbol group. The high-external symbol group considered external appearance more important when purchasing commodities.

Development of a New Load Management System Package for Optimal Electricity Consumption Strategy in a Competitive Electricity Market (경쟁적 전력시장에서의 최적 부하소비전략 수립을 위한 새로운 부하관리시스템 패키지 개발)

  • 정구형;이찬주;김진호;김발호;박종배
    • The Transactions of the Korean Institute of Electrical Engineers A
    • /
    • v.53 no.3
    • /
    • pp.187-197
    • /
    • 2004
  • This paper presents a window-based load management system (LMS) developed as a decision-making tool in the competitive electricity market The developed LMS can help the users to monitor system load patterns, analyze their past energy consumption and schedule for the future energy consumption. The LMS can also provide the effective information on real-time energy/cost monitoring, consumed energy/cost analysis, demand schedule and cost-savings. Therefore. this LMS can be used to plan the optimal demand schedule and consumption strategy.

Korean Household’s Level and Standard of Consumption: For Developing Sustainable Lifestyle (한국가계의 소비수준 및 표준:지속가능한 생활양식의 실현 모색)

  • 손상희
    • Journal of Families and Better Life
    • /
    • v.19 no.5
    • /
    • pp.259-277
    • /
    • 2001
  • The purpose of this study was to identify household’s level and standard of consumption and their related variables in order to derive some useful implications for developing sustainable lifestyle. Data were collected from 567 household wives living in Seoul and the five Metropolitan cities in Korea. The results showed that most households owned such goods as central heating system, shower and bath, refrigerator, microwave oven, vacuum cleaner, washer. TV video player, personal computer, mobile phone, and car. They thought that most of the goods were necessary for the desired level of living and has a strong aspiration to buy those goods. This implied a tendency of uniformity in need perceptions and consumption patterns among Korean households. However, level and standard of consumption measured in selected living area differed according to age. education family size, household income, occupation, and the size housing, which showed that different approach was needed for developing sustainable lifestyle according to these variables.

  • PDF