• Journal of Korea Trade
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• v.24 no.8
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• pp.63-80
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• 2020

Purpose - Recent empirical studies have shown that FDI is expected to be strongly associated with democratic governance, political stability, and sound macroeconomic conditions of the host country. We attempt to take it a step further to see if governments implement a major change in institutional characteristics, will the institutional reform toward better governance have a substantive effect in enhancing FDI inflows. This paper thus aims to analyze the importance of good governance as an important factor in the attractiveness of FDI inflows in ASEAN+3 (Korea, China, Japan) countries. Design/methodology - To determine the effects of good governance on FDI inflows across ASEAN+3 countries recorded between 1996-2018, the Worldwide Governance Indicators (WGI) are used to investigate the impact of good governance on FDI inflows. The model has been estimated by using fixed effects to show the robustness of the results. Findings - Our main findings can be summarized as follows: Political Stability, Rule of Law, and Voice and Accountability have a statistically significant impact on the inflow of FDI in the ASEAN+3 Countries, especially for Korean economy. Moreover, GDP growth continue to exert their positive influence. However, Regulatory Quality, Government Effectiveness and Control of Corruption, though equally important, are insignificant to attract FDI inflows. The key finding is that good governance has a significant impact on inward FDI in the ASEAN+3 countries. Originality/value - Existing studies focus on the impact of political factors on FDI across countries. This paper instead attempts to investigate which type of good governance is the most important in promoting FDI inflows across ASEAN+3 countries, which is essential for multinationals to consider when choosing a foreign site as a possible FDI destination.

• Journal of Korea Trade
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• v.25 no.3
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• pp.116-133
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• 2021

Purpose - Intra-industry trade of agricultural products can eliminate the disadvantage of Korea's traditional agriculture and improve its lack of comparative advantage. The main purpose of this paper is to measure the level and index of intra-industry trade of Korean agricultural products and to explore the spatial dependence and spillover effect associated with this type of trade. The main factors influencing intra-agricultural trade are analyzed from two perspectives: the population and the classification of agricultural products. Design/methodology - First, the level of intra-industry trade of Korean agricultural products is measured. Second, to obtain a more accurate estimate of the influence of various factors, and based on two types of weight matrices, a spatial econometric model is constructed from two aspects: population and classification of agricultural products. The status and the factors influencing intra-industry trade are also studied. Findings - It is concluded that there is a positive spatial correlation between Korea's intra-industry trade in agricultural products and that of its trading partners. The spatial spillover effect of this type of trade is verified by using the spatial autoregressive model (SAR). Labor-intensive agricultural products are found to have a positive spillover effect on intra-industry trade, while land-intensive products do not have a significant effect. Originality/value - In this paper, the two types of agricultural products are meticulously distinguished, and the spatial effect of the intra-industry trade of agricultural products as well as the influence of various factors are analyzed. In addition, the accuracy of the estimation of the coefficients of the factors by using the spatial econometric model is higher than that of the ordinary panel data model.

• Journal of Korea Trade
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• v.24 no.7
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• pp.73-92
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• 2020

Purpose - The letter of credit has been playing a major role to diminish overall risks which exist among concerned parties even though there are differences such as language, culture, law, and distance. This paper reviews essence of the letter of credit and its transaction principles, as well as overall practical questions based on the L/C transaction principle. It also investigates the risk of fraud occurrences in L/C transactions and the importance of fraud prevention and preventive measures in international L/C transactions, including the Fraud Rule, which is a major topic to consider in business transactions. Design/methodology - It is considered that an importing country's concerned parties and an exporting country's concerned parties face different situations. This study employs the existing framework to identify liability, responsibility, and obligation for all concerned parties across countries. Using a quite direct measurement of principles in the letter of credit, such as principle of independence, principle of abstraction, and principle of strictness and coincidence, we studied these differences. Findings - Our main findings can be summarized as follow. The paper enhances the efficiency of the L/C payment method to provide fraud generated from L/C transactions, presentation of a theoretical framework about fraud and fraud prevention, which international trading companies should acknowledge in a material way based on fraud risk resulting from taking advantage of L/C transaction principles. Originality/value - Existing studies focus on fraud accidents in L/C transactions by taking bad advantage of the characteristics of the letter of credit without suggesting risks of fraud. This paper attempts to evaluate and provide preventive measures as a solution for fraud and risky international business in a letter of credit transaction. This area of trade studies is underexplored, both empirically and theoretically, although the issue has long been important to Korean and world community foreign trade.

• Journal of the Korean Society for Aeronautical & Space Sciences
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• v.49 no.8
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• pp.627-636
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• 2021

This paper deals with a study for the guidance control of reusable launch vehicle. For this purpose, modeling of the equation of motion of a reusable launch vehicle with 6 degrees of freedom was performed. With this model, an optimal re-entry path was created and a path-following guidance control simulation was performed to follow the optimal re-entry path. For the design of the path-following guidance controller, the attitude controller applying a time-delay technique that is resistant to modeling uncertainty, disturbance and failure. And the nonlinear path-following guidance law were used. Guidance control simulation using a classical PD controller was performed and compared with the guidance control simulation of a reusable launch vehicle applying a time delay technique.

• Structural Monitoring and Maintenance
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• v.8 no.4
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• pp.345-360
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• 2021

This paper presents an analytical approach to calculate the buckling load of the cylindrical ring structures subjected to both hydrostatic and hydrodynamic pressures. Based on the conservative law of energy and Timoshenko beam theory, a theoretical formula, which can be used to evaluate the critical pressure of buckling, is first derived for the simplified cylindrical ring structures. It is assumed that the hydrodynamic pressure can be treated as an equivalent hydrostatic pressure as a cosine function along the perimeter while the thickness ratio is limited to 0.2. Note that this paper limits the deformed shape of the cylindrical ring structures to an elliptical shape. The proposed analytical solutions are then compared with the numerical simulations. The critical pressure is evaluated in this study considering two possible failure modes: ultimate failure and buckling failure. The results show that the proposed analytical solutions can correctly predict the critical pressure for both failure modes. However, it is not recommended to be used when the hydrostatic pressure is low or medium (less than 80% of the critical pressure) as the analytical solutions underestimate the critical pressure especially when the ultimate failure mode occurs. This implies that the proposed solutions can still be used properly when the subsea vehicles are located in the deep parts of the ocean where the hydrostatic pressure is high. The finding will further help improve the geometric design of subsea vehicles against both hydrostatic and hydrodynamic pressures to enhance its strength and stability when it moves underwater. It will also help to control the speed of the subsea vehicles especially they move close to the sea bottom to prevent a catastrophic failure.

• The Journal of the Institute of Internet, Broadcasting and Communication
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• v.23 no.1
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• pp.177-182
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• 2023

The Act on the Promotion of Mobility for the Transportation Vulnerable stipulates that the transportation vulnerable should be able to enjoy convenience when using public transportation. However, this law is not being implemented properly enough to bring up a petition saying, "Please allow the visually impaired to take a bus." Even if you try to use a call taxi for the disabled instead of public transportation, you have to apply and wait two to three hours. Therefore, this paper aims to design and implement systems for the vulnerable and their guardians, such as increasing the opening time of the ticket gate more than usual if the cane rings a notification on the bus and subway station designated using Bluetooth. Accordingly, it is expected to bring about effects such as the availability of public transportation, economic savings, safety guarantees, and prevention of missing children for the vulnerable.

• Geomechanics and Engineering
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• v.29 no.6
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• pp.697-706
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• 2022

In order to explore the stable anchoring conditions of coal side under the mining disturbance of soft section coal pillar in Wangcun Coal Mine of Chenghe Mining Area, the distribution model of the anchoring support pressure at the coal pillar side was established, using the strain-softening characteristics of the coal to study the distribution law of anchoring coal side support pressure. The analytical solution for the reinforcement anchorage stress in the coal pillar side was derived with the inelastic state mechanical model. The results show that the deformation angle of the roadway side and roof increases with the roof subsidence due to the mining influence at the adjacent working face, the plastic deformation zone extends to the depth of the coal side, and the increase of anchorage stress can effectively control the roof subsidence and further deterioration of plastic zone. The roadway height and the peak support pressure have a certain influence on the anchorage stress, the required anchorage stress of the coal side rises with the roadway height and the peak support pressure. The required anchorage stress of the coal pillar side decreases as the cohesion between the coal seam and the roof and floor and the anchor length increases. Then, applied the research result to Wangcun coal mine in Chenghe mining area, the design of anchor cable reinforcement support was proposed for the section of coal pillars side that has been anchored and deformed, which achieved great results and effectively controlled the convergence and deformation of the side, providing a safety guarantee for the roadway excavation and mining.

• Journal of the Korean Society for Aeronautical & Space Sciences
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• v.50 no.9
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• pp.647-655
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• 2022

The Russian government is expanding strategic cooperation with foreign countries, including production partnerships, in order to secure civil aircraft manufacturing technology and advanced materials, with the aim of becoming the world's third-largest civil aircraft producer. In addition, the Russian government supports the development of the aircraft manufacturing industry and reorganizes the aircraft certification organization to pursue systematic aviation safety and make great efforts in international cooperation and certification activities for the export of aviation products. Establishing a cooperative system for safety and certification of civil aircraft between countries requires a process of mutual understanding and trust in the overall certification system. Therefore in this study, we wanted to analyze Russia's aircraft certification organization, law system, certification procedures to help Russia understand its aircraft certification system.

• Journal of Aerospace System Engineering
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• v.17 no.1
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• pp.79-87
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• 2023

To design a control law of an aircraft, an accurate aircraft dynamic model is required. To obtain an aerodynamic database (DB) to build a dynamic model, a large number of wind tunnel tests are typically required. However, when flight test data of target aircraft exist such as in the process of unmanned conversion of a manned aircraft, an aircraft dynamic model can be obtained through a parameter estimation method and a DB tuning procedure. This paper describes a nonlinear model construction process and a verification method for KC-100 OPV aircraft. Flight data compatibility analysis was performed to determine suitability of the estimation method application. Linear model estimation was performed using the maximum likelihood estimation method. Results of aerodynamic DB tuning process and verification applying the FFS standard to the nonlinear model constructed are presented.

• Journal of Korean society of Dental Hygiene
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• v.22 no.6
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• pp.467-475
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• 2022

Objectives: This study aimed to understand the definitions, types, and principles of computer-aided design/computer-aided manufacturing (CAD/CAM) and scanners due to the introduction of digital workflows. Methods: This study was based on information from the government's law and articles published in academic journals. Results: CAD/CAM is a technology that measures the shape three-dimensionally, saves it as data, designs it into the desired shape, and processes the product. Scanners, which are classified as intraoral and extraoral scanners, measure teeth and the intraoral environment three-dimensionally and convert them into three-dimensional (3D). A 3D printer is a machine that creates a 3D object by layering materials based on a 3D drawing. It can be classified into four types according to the method: extrusion, powder bonding, lamination, and photopolymerization methods. The most used 3D printer methods in dentistry are stereolithograhpy and digital light processing, and they are widely used in prosthetic, surgical, and orthodontic fields. Conclusions: As the dental system is digitized, it is expected that the government will classify the dental hygienist scope of work and the universities will reflect the curriculum; it is necessary to develop excellent dental hygienists, diversify the educational pathways, and establish policies to meet the needs of the increasing number of patients.