• Journal of Korea Trade
• /
• v.27 no.3
• /
• pp.103-118
• /
• 2023

Purpose - This study aims to examine the dynamic relationship between the variables impacted by the Regional Comprehensive Economic Partnership (RCEP) and the level of intra-industry trade among member states, with the ultimate objective of deducing the short- and long-term effects of RCEP on trade. Design/methodology - This study focuses on tariffs, GDP growth rates, and the proportion of regional FDI to total FDI as research variables, and employs a panel vector autoregression model and GMM-style estimator to investigate the dynamic relationship between RCEP and intra-industry trade among member countries. Findings - The study finds that the level of intra-industry trade between member states is positively impacted by both tariffs and intra-regional FDI. The impulse response graph shows that tariffs and FDI within the region can promote intra-industry trade among member countries, with a quick response. However, the contribution rates of tariffs and intra-regional FDI are not particularly high at approximately 1.5% and 1.4%, respectively. In contrast, the contribution rate of GDP growth can reach around 8.5%. This implies that the influence of economic growth rate on intra-regional trade in industries is not only long-term but also more powerful than that of tariffs and intra-regional FDI. Originality/value - The originality of this study lies in providing a new approach to investigating the potential impact of RCEP while avoiding the limitations associated with the GTAP model. Additionally, this study addresses existing gaps within the research, further contributing to the research merit of the study.

• Journal of Korean Tunnelling and Underground Space Association
• /
• v.19 no.5
• /
• pp.717-732
• /
• 2017

Recently, the construction of underground structure such as a double-deck tunnel is increasing to manage rapid growth of roadway traffic volume. Double-deck tunnel includes middle slab to separate upper and lower road inside, and various sources affect the dynamic behaviour of middle slab due to dynamic loading of vehicle. Therefore, it is important to investigate the dynamic response of middle slab precisely to apply it to design and analysis of double-deck tunnel. In this study, dynamic analysis model of middle slab considering structural type, design velocity, vehicle load, and surface roughness, etc. is built. 3-dimensional dynamic analysis is performed to assess dynamic response of middle slab. Consequently, Dynamic Magnification Factor which represents dynamic response of middle slab shows maximum in case of elastomeric bearings (EB) and average roughness (Grade C). It is also expected that dynamic response can be reduced under the condition of good roughness (Grade B) and fixed bearings (FB).

• Asia-Pacific Journal of Business Venturing and Entrepreneurship
• /
• v.14 no.4
• /
• pp.39-49
• /
• 2019

The government is actively implementing a start-up infrastructure and start-up support policy for successful start-up companies. However, the actual success rate of start-up companies is not high. In order to improve the performance of a start-up company, it is necessary to have a strategy that has the right entrepreneurship and efficiently utilizes its resources. In particular, opportunity exploration, resource acquisition and resource reorganization are dynamic capabilities that are very necessary for the growth of a start-up company. Therefore, the purpose of this study is to verify the effects and relationships of entrepreneurship and dynamic competence of business startups on management performance. For this study, a survey was conducted on CEOs of start-up companies less than seven years old, and 361 final samples were used to analyze data. The results of this study are as follows. The innovation, risk-taking and initiative of entrepreneurship were found to have a positive effect on dynamic capabilities. Second, the innovation and risk-taking of entrepreneurship had a significant positive effect on management performance, but initiative was found to have no significant effect. Third, it was found that dynamic capabilities had a significant positive effect on management performance. Lastly, the verification of the mediated effect of dynamic capabilities showed that there was a mediated effect between initiative and management performance. In other words, this study found a significant research result that effective management of the resources of a start-up company had an effect on management performance and growth when forwardness did not directly affect management performance. This suggests that dynamic capabilities are an important factor in the management performance of start-up companies.

• The Journal of Asian Finance, Economics and Business
• /
• v.7 no.12
• /
• pp.73-84
• /
• 2020

The study aims to investigate the dual effects of corruption control on economic growth in relationship with the stock market and trade openness in developing countries. The study used difference S-GMM method on the dynamic panel data model in the period (2002-2017) with data collected from the World Bank. The study discovers the dominant impacts of corruption control in the relationship with the stock market on economic growth. At the same time, the study also confirms the overwhelming impact of corruption control in the relationship between trade openness and economic growth in the developing countries. In addition, the study shows that inefficient stock markets in developing countries will not promote economic growth. Meanwhile, the long-standing credit market has a positive impact on economic growth. With the strong development of stock market and trade openness in the period (2002-2017), control on corruption in developing countries does not get better in time with the increase in demand. The findings of this study suggest a number of solutions to strengthen corruption control, leading to the increased efficiency on the stock market and as well as encouraging the positive effects of trade openness to contribute to promoting economic growth in developing countries.

• Proceedings of the PSK Conference
• /
• 2003.04a
• /
• pp.107-108
• /
• 2003

The epidermal growth factor (EGF) is an important signaling ligand for the mitogenesis of many cells. The EGF receptors use signaling molecule multicomplexes and dynamic protein networks for the transmission and amplification of the signals as well as for the regulation of the cellular responses. EGF signaling has been reported to be enhanced in various tumors by the overexpressed EGF receptor and/or the mediators such as phospholipase C-$\gamma$1(PLC$\gamma$1). (omitted)

• Computers and Concrete
• /
• v.20 no.2
• /
• pp.205-214
• /
• 2017

The Hydraulically driven test system and ${\Phi}100mm$ split Hopkinson pressure bar(SHPB) test device were employed to research the quasi-static and dynamic mechanical properties of concrete specimens which has been immersed for 60 days in sodium sulfate (group S1) and sodium chloride (group S2) solution, the evolution of their mass during corrosive period was explored at the same time, and the mechanism of performances lost was analyzed from the microscopic level by using scanning electron microscope. Results of the experimental indicated that: their law of mass both presents the trend of continuous rising during corrosive period, and it increases rapidly on the early days, the mass growth of group S1 and group S2 in first 7 days are 76.78% and 82.82% of their total increment respectively; during the corrosive period, the quasi-static compressive strength of specimens in two groups are significantly decreased, both of which present the trend of increase first and then decrease, the maximum growth rate of group S1 and group S2 are 7.52% and 12.71% respectively, but they are only 76.23% and 82.84% of specimens which under normal environment (group N) on day 60; after immersed for 60 days, there were different decrease to dynamic compressive strength and specific energy absorption, and so as their strain rate sensitivities. So the high salinity environment has a significant effect of weaken the quasi-static and dynamic mechanical performance of concrete.

• International Area Studies Review
• /
• v.18 no.3
• /
• pp.23-46
• /
• 2014

Applying the dynamic shift-share analysis, this paper decomposes inflow of foreign direct investment (FDI) of Korea for the period of 2003-2012 into three components: world growth effect, industry-mix effect and competitive effect. Taking the group of developed countries as population for comparison, this paper finds that Korea has been lagging behind the group of developed countries in attracting FDIs, thereby having recorded negative aggregate industry-mix effects and negative aggregate competitive effects as well. However, the following industries have recorded positive competitive effects: textiles, chemicals, electrical and electronic equipment, motor vehicles and other transport equipment, hotels and restaurants and business services. Moreover, in the sub-period of 2008-2012, positive competitive effects have been recorded for most manufacturing industries. This reflects the fact that inward FDI into Korea has not been affected much by the financial crisis of 2009.

• Smart Structures and Systems
• /
• v.28 no.6
• /
• pp.745-760
• /
• 2021

Dynamic buckling of structure is one of the failure modes that needs to be considered since it may result in catastrophic failure of the structure in a short period of time. For a thin fiber-reinforced polymer (FRP) plate under compression, buckling is an inherent hazard which will be intensified by the existence of defects like holes, cracks, and delamination. On the other hand, the growth of the delamination is another prime concern for thin FRP plates. In the current paper, reinforcing the plates against buckling is realized by using SMA wires in the form of stitches. A numerical framework is proposed to simulate the dynamic instability emphasizing the effect of the SMA stitches in suppressing delamination growth. The suggested algorithm is more accurate than the other methods when considering the transformation point of the SMA wires and the modeling of the cohesive zone using simple and yet reliable technique. The computational design of the method by producing the line by line orders leads to a simple algorithm for simulating the super-elastic behavior. The Lagoudas constitutive model of the SMA material is implemented in the form of user material subroutines (VUMAT). The normal bilinear spring model is used to reproduce the cohesive zone behavior. The nonlinear finite element formulation is programmed into FORTRAN using the Newmark-beta numerical time-integration approach. The obtained results are compared with the results obtained by the finite element method using ABAQUS/Explicit solver. The obtained results by the proposed algorithm and those by ABAQUS are in good agreement.

• Structural Engineering and Mechanics
• /
• v.43 no.5
• /
• pp.679-690
• /
• 2012

A new concept sea-floating port called mobile harbor has been introduced, in order to resolve the limitation of current above-ground port facilities against the continuous growth of worldwide marine transportation. One of important subjects in the design of a mobile harbor is to secure the dynamic stability against wave-induced excitation, because a relatively large-scale heavy crane system installed at the top of mobile harbor should load/unload containers at sea under the sea state up to level 3. In this context, this paper addresses a two-step sequential analytical-numerical method for analyzing the structural dynamic response of the mobile harbor crane system to the wave-induced rolling excitation. The rigid ship motion of mobile harbor by wave is analytically solved, and the flexible dynamic response of the crane system by the rigid ship motion is analyzed by the finite element method. The hydrodynamic effect between sea water and mobile harbor is reflected by means of the added moment of inertia.

• Structural Engineering and Mechanics
• /
• v.44 no.6
• /
• pp.801-814
• /
• 2012

The strain rate effects on the interaction between a Mode I matrix crack and an inclined elliptic matrix-inclusion interface under dynamic tensile loadings were investigated numerically, and the results are in agreement with previous experimental data. It is found, for a given material system, that there are the first and the second critical strain rates, by which three kinds of the subsequent crack growth patterns can be classified in turn with the increasing strain rate, namely, the crack deflection, the double crack mode and the perpendicular crack penetration. Moreover, such a crack deflection/penetration behavior is found to be dependent on the relative interfacial strength, the inclined angle and the inclusion size. In addition, it is shown that the so-called strain rate effect on the dynamic strength of granule composites can be induced directly from the structural dynamic response of materials, not be entirely an intrinsic material property.