• The Journal of Asian Finance, Economics and Business
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• 제9권10호
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• pp.49-59
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• 2022

This paper examined the impact of real exchange rate volatility on trade balance in Malaysia by using quarterly data from year 2000 until 2019. Generalized Autoregressive Heteroscedasticity (GARCH) model was used to extract the volatility component of real exchange rate before examining its impact on trade balance. Furthermore, Autoregressive Distributed Lag (ARDL) model was used to investigate the long-run relationship and short-run dynamic between trade balance, money supply, national income and volatility of exchange rate. Empirical results show the existence of co-movement between variables under study in the long-run. However, the results also suggest that volatility of real exchange rate does not significantly affect trade balance neither in the long-run nor short-run. The risk which is associated in the movement of exchange rate do not influence trader's behaviour toward Malaysia exports and imports. Thus, it should be note that any depreciation or appreciation in Malaysian Ringgit do not have an impact towards trade balance either it is being further improved or deteriorates. Hence, exchange rate volatility may not be too concern for policymakers. This may be partially due to manage floating exchange rate regime that has been adopted by Malaysia eventually eliminated the element of risk in the currency market.

• The Journal of Asian Finance, Economics and Business
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• 제8권3호
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• pp.731-740
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• 2021

This research aims to investigate the determinants of real effective exchange rate in emerging ASEAN countries, including Indonesia, Malaysia, Philippines, Thailand, and Vietnam. The research was conducted by using quarterly time series data set from 1980Q1 to 2020Q3. Cointegration and the error correction model (ECM) methods were applied to test the long run and short run relationship of the real effective exchange rate and its determinants. The results indicate that the ratio of foreign direct investment to GDP and the government spending have significantly positive impact on real effective exchange rate in the Emerging ASEAN countries. The trade opening had influencing real effective exchange rate in most the Emerging ASEAN countries, except Vietnam. In addition, the international reserve (INR) had significant long-run impacts variables on real effective exchange rate in Malaysia, Thailand and Vietnam. In the short run equilibrium, the error collection term suggest that Indonesia and Malaysia are the fastest speed adjustment to equilibrium. In addition, the term of trade influence the real effective exchange rate in Indonesia, Malaysia, and the Philippines but it is not in Thailand and Vietnam. However, FDI is a major factor of the real effective exchange rate in Vietnam, but not for other countries.

• The Journal of Asian Finance, Economics and Business
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• 제9권5호
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• pp.1-9
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• 2022

The study examines stock prices (LOGKSE) and exchange rate (LOGPK)-Pakistani Rupee vis-à-vis US Dollar- interactions in Pakistan. This study employs a multivariate VAR-GARCH model using monthly data from January 2012 to October 2020. The results of the Johansen cointegration test show that there is no relationship between Foreign Exchange Market and Stock Market in the long run. In the short-run, stock exchange returns are affected slightly negatively by the changes in the foreign exchange market, but the foreign exchange market does not seem to be affected by the ups and downs of the stock exchange. The VAR model and Granger Causality show that both markets are strongly influenced by their own lagged values rather than by the lagged values of one another and show weak or no correlation between the two markets. Volatility persistence is observed in both the stock and foreign exchange markets, implying that shocks and past period volatility are major drivers of future volatility in both markets. Thus greater uncertainties today will induce panic and consequently generate higher volatility in the future period. This phenomenon has been observed many times on Pakistan Stock Exchange especially. The results have important implications for local international investors in portfolio diversification decisions and risk hedging strategies.

• 대한전기학회:학술대회논문집
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• 대한전기학회 2009년도 제40회 하계학술대회
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• pp.545_546
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• 2009

전력거래 계량시스템은 회원사의 계량기가 생성한 계량데이터를 주기적으로 취득하고 이로부터 계량값을 산출한 후, 산출된 시간대별 계량값을 타 시장시스템에 전송하는 기능을 수행한다. 이는 전자상거래 시스템과 연계하여 회원사 계량값을 공개하는 전력거래 핵심 시스템이다. 현재 계량데이터 취득 방식은 전용선 및 공중선에 기반한 유선방식 위주로, 복수 개의 전용선 모뎀을 취합하여 계량서버에 연계하기 위하여 FEP를 도입 운영하고 있으며, 현재 운영 중인 FEP보다 향상된 FEP용 펌웨어를 신규 개발하고 있다.

• KDI Journal of Economic Policy
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• 제37권4호
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• pp.1-20
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• 2015

We examine the validity of popular exchange rate models such as the purchasing power parity (PPP) hypothesis and the monetary model for Korean won/US dollar exchange rate. Various specification tests demonstrate that Korean data are more favorable for both models based on time-varying cointegration coefficients as compared to those based on constant cointegration coefficients. When the abilities to predict future exchange rates between those models based on time-varying cointegration coefficients are compared, an in-sample analysis shows that the time-varying PPP (monetary model) has better predictive power over horizons shorter (longer) than one year. Results from an out-of-sample analysis indicate that the time-varying PPP outperforms models based on constant cointegration coefficients when predicting future exchange rate changes in the long run.

• 한국전자거래학회지
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• 제7권2호
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• pp.39-53
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• 2002

In the Korean domestic construction field, there are a lot of problems related to construction information exchange and sharing owing to the absence of construction drawing information exchange standard. To remedy the aforementioned inefficiency effectively, it is necessary to apply the STEP standard which is known as an international standard for achieving the establishment of Construction CALS. This study focus on suggesting a methodology to activate the STEP based construction drawing information exchange standard to the current construction drawing information exchanging and sharing practice. In this paper, the domestic and foreign standardization projects related to the construction drawing information have been investigated and analyzed. In addition, a methodology of applying and activating the STEP standard has been suggested. Finally, a verification and certification methodology for applying the CALS/EC construction drawing information exchange standard(STEP) have been suggested.

• Journal of Microbiology and Biotechnology
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• 제18권7호
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• pp.1342-1351
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• 2008

The feasibility of the use of Flp-mediated cassette exchange in the development of a CHO cell line, which produces erythropoietin (EPO) stably and largely, was investigated. A stable, high enhanced green fluorescence protein (EGFP)-producing clone was screened by extensive flow cytometric analysis. An EPO expression unit was targeted into the premarked locus of the stable parental clone by Flp-mediated cassette exchange and a correctly targeted clone (FC28T7) was obtained. The EPO production of FC28T7 was proven to be stable in long-term culture. Furthermore, the Flp-mediated cassette exchange did not alter the stable parental clone's characteristics concerning transgene expression level and stability. Taken together, the data obtained here indicated that the establishment of CHO cell lines stably producing a desired protein is achievable using Flp-mediated cassette exchange.

• 한국항행학회논문지
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• 제15권4호
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• pp.640-645
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• 2011

이러닝의 발전과 더불어 다양한 학습도구의 개발 및 이러닝 콘텐츠의 공동 활용 등 이러닝을 통한 교류가 활발하게 이루어지고 있다. 또한 이러닝 교류는 학습자 정보교환 중심의 교류, 교수자 정보교환 중심의 교류 등 여러 가지가 있다. 그러므로 각각 LMS의 상호 연동을 고려하지 않고 개발되었기 때문에 이러닝 교류시 문제점이 나타나게 되었다. 이 문제점을 해결하기 위하여 본 논문에서는 우선 먼저 학습에 가장 필요로 하는 학습요소들 즉, 과목정보, 강의정보, 사용자정보, 수강신청정보, 학습이력정보를 연동데이터로 정의하였으며, 가상의 테이블인 뷰를 이용하여 데이터 연동 테이블을 구성하여 이러닝간 운영관리를 위한 LMS 연동 모델 구현한다. 향후에는 다양한 학습요소에 대한 연동과 세션처리, 보안을 고려한 LMS 연동이 연구과제로 남아있다.

• International journal of advanced smart convergence
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• 제4권1호
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• pp.88-92
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• 2015

Today, the medical information system has evolved in the way of integrated healthcare IT information systems. Therefore, it is trying to build advanced U-Healthcare service. Though the U-Healthcare environments is exchanged the information between systems in many cases, however since the each system is different, the integration and exchange of data is difficult. To overcome this problem, in this paper it proposes that we suggests a possible DBaaS(DataBase as a Service) for the heterogeneous integration of medical information management and data exchange. First, the proposed system builds DBaaS cloud by integrating the meta-DB Schema level and DB Schema for each hospital. And, the mapping the schema data and the existing hospital information system is possible using the International Standard HL7. By applying the proposed method to the hospital system, it comes true the efficient exchange of information between the patients, doctors, staffs through the data mapping of the one to multi-system.

• 한국전산구조공학회:학술대회논문집
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• 한국전산구조공학회 2006년도 정기 학술대회 논문집
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• pp.483-489
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• 2006

This study describes the XML -based digitalization of structural design sheets for exchange on the web. For this purpose the data model of the XML document that represents the structural design sheets for buildings, including mathematical expressions and graphics that cannot be easily exchanged on the web, is defined. Then, the prototype that facilitates the web-based exchange of the XML documents is developed and the feasibility of the results of this study is discussed.