• 한국유기농업학회지
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• 제28권1호
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• pp.31-57
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• 2020

Korea-US FTA amendment became effective January 1, 2019 through several trade negotiations between the two countries. These amendments did not include changes in the agricultural sector. However, given the policy direction of the Trump administration, it is difficult to be certain that the existing Korea-US FTA on the agricultural sector will remain unchanged. This study examines the potential impact of changes in the US beef import tariff rates under the Korea-US FTA, which is progressively eliminated until 2026 using a dynamic partial equilibrium model. The modelling system is simulated with 100% decreases of tariff rates over 2020~2026 period and then compared to the baseline which is developed based on the current Korea-US FTA tariff rates. According to the scenario analyses results, 100% decreases of US beef tariff rate lowered Korean beef cattle production value up to 4.23%. Looking at this change in terms of absolute value rather than percentage, the total production value over 2020~2026 is expected to decrease by 815 billion won compared to Baseline. This reduction in production value in dynamic analysis is 67 billion won higher than the comparative static analysis.

• 한국가시화정보학회:학술대회논문집
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• 한국가시화정보학회 2004년도 Proceedings of 2004 Korea-Japan Joint Seminar on Particle Image Velocimetry
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• pp.25-32
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• 2004

The new algorithm for higher performance of dynamic PIV has been proposed. Present study considered mathematical basis of PIV analysis for multiple-time-step images and it enables us to analyze the high time-resolution PIV, which is obtained by dynamic PIV system. Conventional single pair image PIV analysis gives us the velocity field data in each time step but it sometimes contains unnecessary information of target flow. Present technique utilize multi-time step correlation information, and it is analyzed.

• Korean Journal of Radiology
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• 제1권4호
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• pp.185-190
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• 2000

Objective: To document the imaging findings of hepatic cavernous hemangioma detected in cirrhotic liver. Materials and Methods: The imaging findings of 14 hepatic cavernous hemangiomas in ten patients with liver cirrhosis were retrospectively analyzed. A diagnosis of hepatic cavernous hemangioma was based on the findings of two or more of the following imaging studies: MR, including contrast-enhanced dynamic imaging (n = 10), dynamic CT (n = 4), hepatic arteriography (n = 9), and US (n = 10). Results: The mean size of the 14 hepatic hemangiomas was 0.9 (range, 0.5-1.5) cm in the longest dimension. In 11 of these (79%), contrast-enhanced dynamic CT and MR imaging showed rapid contrast enhancement of the entire lesion during the early phase, and hepatic arteriography revealed globular enhancement and rapid filling-in. On contrast-enhanced MR images, three lesions (21%) showed partial enhancement until the 5-min delayed phases. US indicated that while three slowly enhancing lesions were homogeneously hyperechoic, 9 (82%) of 11 showing rapid enhancement were not delineated. Conclusion: The majority of hepatic cavernous hemangiomas detected in cirrhotic liver are small in size, and in many, hepatic arteriography and/or contrast-enhanced dynamic CT and MR imaging demonstrates rapid enhancement. US, however, fails to distinguish a lesion of this kind from its cirrhotic background.

• 유통과학연구
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• 제17권1호
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• pp.11-19
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• 2019

Purpose - We document the impact of economic policy uncertainty (EPU) in the US and China on the dynamic spillover effect of macroeconomics such as stock price, housing price in Korea. Research design, data, and methodology - We use the nine variables to analyze the effect which produces a result among the EPU indexes of the US and China on economic variables which is the consumer price index (CPI), housing purchase price composite index, housing lease price, the stock price index in banking industry, construction industry and distribution industry, and composite leading indicator from January 1995 to December 2016 with the Vector Error Correction Model. Result - The US EPU index has significantly a negative relation on the CPI, housing purchase price index, housing lease price index, the stock price index in banking industry, construction industry, and distribution industry in Korea. Conclusions - We find the dynamic effect of the EPU indexes in the US and China on the macroeconomics returns in Korea. This study has an empirical evidence that the economy market in Korea is influenced by the EPU index of the US rather than it of China. The higher EPU, the more risky the economy of in Korea.

• 한국유기농업학회지
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• 제31권3호
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• pp.211-228
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• 2023

The Korea-US FTA was one of the most controversial FTAs Korea has ever signed and was expected to have a significant effect on the agriculture sector, especially the livestock industry. This study ex-post analyzed the impact of the Korea-US FTA on the Korean beef industry including the Jeonnam province using a dynamic partial equilibrium model. According to the scenario analysis results, if there was no Korea-US FTA, the beef imports would be reduced to as low as 0.24% to 4.19% compared to the Baseline applying existing Korea-US FTA beef tariff rates over the 2012 to 2022 periods. In addition, if there was no Korea-US FTA, the agricultural product value of Jeonnam and national Korean beef cattle would increase from 0.25% to 7.37% and 0.25% to 7.33%, respectively, compared to the Baseline. The results of the analysis are expected to be used as important information for policy establishment in preparation for CPTPP and supplementation of current FTA policies regarding Korean beef cattle not only for the central government but also Jeonnam province.

• 대한정형외과 초음파학회지
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• 제1권1호
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• pp.1-5
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• 2008

목적: 중수지 관절부 신전건 탈구에서 동적 초음파의 진단적 가치에 대해 알아보고자 하였다. 대상 및 방법: 2007년 1월부터 10월까지 본원에서 중수지 관절부 신전건 탈구로 진단받은 6예에 대해 평균 5개월(2~10개월)간 추시하였다. 3예에서 10-MHz 선형 진동자를 이용하여 초음파를 시행하였으며, 동적 초음파를 동시에 실시하였다. 원인은 5예가 외상에 의한 발생이었고, 1예는 선천적 발병이었다. 결과: 임상적으로 진단이 불가능했던 3예에 대해서만 초음파 검사와 동적 초음파 검사를 시행하였고, 모두에서 신전건 탈구를 관찰하였다. 수술 소견상 4예는 시상대 파열 소견을 보였고, 1예에서는 관절낭의 이완 소견, 나머지 1예에서는 시상대가 얇아진 소견을 보였다. 4예에서 시상대 봉합술을 시행하였고, 1예에서는 관절낭 보강술 시행하였다. 선천적 발병으로 생각된 1예에서는 우측 2, 3, 4, 5 수지 신전건 탈구 가운데 증상을 동반한 제 2수지에 대해서만 시상대 봉합술 및 시상대를 이용한 고리 보강술을 시행하였다. 최종 추시상 모든 예에서 탈구의 재발은 없었고 관절 운동범위는 정상이었다. 결론: 중수지 관절부에서 신전건 탈구에서 초음파 검사는 임상적으로 저명한 탈구가 없는 경우에 의의가 크며, 특히 동적 초음파는 자기공명영상 촬영에 비해 우수하다고 할 수 있다.

• 한국정보시스템학회지:정보시스템연구
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• 제5권
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• pp.21-41
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• 1996

Linear programming has become an important tool in decision-making of modern business management. This remarkable growth can be traced to the pioneering efforts of many individuals and research organizations. The popular using of personal computers make it very easy to process those complicated linear programming models. Furthermore advanced linear programming software packages assist us to solve L.P. models without any difficult process. Even though the advanced L.P. professional packages, the needs of more detailed deterministic elements for business decisions have forced us to apply dynamic approaches for more resonable solutions. For the purpose of these problems applying to the "Mathematica" packages which is composed of mathematic tools, the simplex processes show us the flexible and dynamic decision elements included to any other professional linear programming tools. Especially we need proper dynamic variables to analyze the shadow prices step by step. And applying SAS(Statistical Analysis System) packages to the L.P. problems, it is also one of the best way to get good solution. On the way trying to the other L.P. packages which are prepared for Spreadsheets i.e., MS-Excel, Lotus-123, Quatro etc. can be applied to linear programming models. But they are not so much useful for the problems. Calculating simplex tableau is an important method to interpret L.P. format for the optimal solution. In this paper we find out that the more detailed and efficient techniques to interpret useful software of mathematica and SAS for business decision making of linear programming. So it needs to apply more dynamic technique of using of Mathematica and SAS multiple software to get more efficient deterministic factors for the sophiscated L.P. solutions.

• The Journal of Asian Finance, Economics and Business
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• 제8권9호
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• pp.143-154
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• 2021

This study aims to explore the dynamic conditional correlation (DCC) between ten Asian stock indexes, the US stock index, and Bitcoin by using the dynamic conditional correlation model. The time span of the daily data is between January 2015 to May 2021, the total observation is 1,116. DCC(1,1)-EGARCH(1,1) with multivariate t and normal distributions for the DCC and EGARCH models, respectively, outperforms other models by the goodness of fit values. Except for Bitcoin, we discovered that the majority of the securities' volatilities have a very high volatility persistence. Furthermore, the negative shocks/news have more impact on the volatilities than positive shocks/news in most of the cases, except the stock index of China and Bitcoin. Most of the correlation pairs exhibit higher correlation during the COVID-19 pandemic compared to the pre-COVID-19, except Hong Kong-The US and Malaysia-Indonesia. Moreover, the correlation between Asian stock indexes during the COVID-19 pandemic is statistically higher than the pre-COVID-19 pandemic. However, there are a few instances where the Hong Kong stock index and a few countries are identical. The result of correlation size shows the connectedness between Asian stock markets, which are well-connected within the region, especially with South Korea, Singapore, and Hong Kong.

• 유통과학연구
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• 제15권3호
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• pp.17-25
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• 2017

Purpose - The study is to examine the impact of the US Purchasing Managers' Index (PMI) on Korea and the US industrial economy including the distribution industry. We analyze its effect on the industrial economy centered on the distribution industry using economy indices in Korea and the US. Research design, data, and methodology - The variables are used to analyze the dynamic relationship which occurs among the US PMI, the industrial production index, producer price index, unemployment rate, and manufacturing Inventories Index in Korea and the US from January 1990 to July 2016 using Vector Error Correction Model. Results - As a main result, the impact of the US PMI on all the economy indices both Korea and the US has the same cyclical movement. The US PMI is positively related to the producer price and the industrial production index of Korea and the US, while it is negatively related to unemployment rate, and the manufacturing inventories index in Korea and the US. Conclusions - The US PMI as an advanced index has a power to predict the economies on Korea and the US. In the end, we find that the US PMI has a great impact on Korea and the US industrial economy.

• The Journal of Asian Finance, Economics and Business
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• 제8권3호
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• pp.1-10
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• 2021

This study examines the dynamic pattern of the exchange rate volatilities of the ASEAN-5 currencies from January 2006 to August 2020. The exchange rates applied in this study comprise bilateral and effective exchange rates in order to investigate the influence of the US dollar on the stability of the ASEAN-5 currencies. Since a volatility model employed in this study is a natural cubic spline volatility model, the Monte Carlo simulation is consequently conducted to determine an appropriate criterion to select a number of quantile knots for this model. The simulation results reveal that, among four candidate criteria, Generalized Cross-Validation is a suitable criterion for modeling the ASEAN-5 exchange rate volatilities. The estimated volatilities showed the inconstant dynamic patterns reflecting the uncertain exchange rate risk arising in international transactions. The bilateral exchange rate volatilities of the ASEAN-5 currencies to the US dollar are more variable than their corresponding effective exchange rate volatilities, indicating the influence of the US dollar on the stability of the ASEAN-5 currencies. The findings of this study suggest that the natural cubic spline volatility model with the quantile knots selected by Generalized Cross-Validation is practical and can be used to examine the dynamic patterns of the financial volatility.