• Title/Summary/Keyword: Dynamic panel model

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The Impact of Housing Prices and Private Education Costs on Fertility Rates

  • Clara Jungwon Choi;Jaehee Lee;Jinbaek Park
    • International Journal of Advanced Culture Technology
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    • v.12 no.2
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    • pp.62-71
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    • 2024
  • The Study analyzed the effect of private education costs and housing prices on the total fertility rates in 16 metropolitan cities in Korea from 2009 to 2021, and estimated the contribution rates of each variable on the decrease in the total fertility rate. Using a dynamic panel data model considering the time series correlation of the total fertility rates, the total fertility rates for the year was positively (+) affected by the total fertility rates of the previous year, and the increase in apartment sales and Jeonse prices in the previous year reduced the total fertility rates. In addition, the increase in private education costs per capita in the previous year was analyzed to consistently reduce the total fertility rates.

A Study on Optimal Spot-weld Layout Design of the Car Body Structure Using Topology Optimization (위상최적설계를 이용한 차체 점용접 배치 최적화 연구)

  • Kim, S.R.;Lee, C.W.;Kim, Mun-Yeong;Kim, C.M.;Yim, H.J.
    • Proceedings of the Korean Society for Noise and Vibration Engineering Conference
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    • 2012.04a
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    • pp.361-366
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    • 2012
  • In this paper, we propose the efficient technique that reduces the number of spot-welds and increases the structural rigidity by using the topology optimization technique. Eigen value analysis is used to evaluate the rigidity of the optimized model. As a first step, the topology optimization is performed to find optimal spot-weld distributions. In this study, the design objective is to maximize the weighted frequencies. The volume fractions of the weld components are used as design constraints, and also the densities of each element in the individual design space are used as design variables. And then, to consider the possibility of spot-weld failure, the contribution rate analysis was performed by using the orthogonal array method of DOE. The spot-welds in the rear panel part are reinforced according to estimation results of the contribution rate analysis. Finally, we obtained optimized spot-weld layout model which has the reduced number of spot-welds and the improved dynamic stiffness.

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Active Control of Flow-Induced Vibration Using Piezoelectric Actuators (압전 작동기를 이용한 유체 유기 진동의 능동 제어)

  • 한재홍
    • Proceedings of the Korean Society for Noise and Vibration Engineering Conference
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    • 2003.11a
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    • pp.446-451
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    • 2003
  • This paper presents some examples of active control of flow-induced vibration using piezoelectric actuators. The flutter phenomenon, which is the dynamic instability of structure due to mutual interaction among inertia, stiffness, and aerodynamic forces, may cause catastrophic structural failure, and therefore the active flutter suppression is one of the main objectives of the aeroelastic control. Active flutter control has been numerically and experimentally studied for swept-back lifting surfaces using piezoelectric actuation. A finite element method, a panel aerodynamic method, and the minimum state space realization are involved in the development of the governing equation, which is efficiently used for the analysis of the system and design of control laws with modern control framework. The active control suppressed flow-induced vibrations and extended the flutter speed around by 10%. Another representative flow-induced vibration phenomenon is the oscillation of blunt bodies due to the vortex shedding. In general, it is quite difficult to set up the numerical model because of the strong non-linearity of the vortex shedding structure. Therefore, we applied adaptive positive position feedback controller, which requires no pre-determined model of the plant, and successfully suppressed the flow-induced vibration.

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The Impact of Financial Integration on Economic Growth in Southeast Asia

  • Bong, Angkeara;Premaratne, Gamini
    • The Journal of Asian Finance, Economics and Business
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    • v.6 no.1
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    • pp.107-119
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    • 2019
  • This paper examines the impact of financial integration on economic growth in Southeast Asia over the period 1993-2013. This paper further investigates whether the relationship depends on the level of financial and economic development, government corruption, and macroeconomic policy. These questions raise important issues both from a theoretical and a policy perspective. We employ the generalized methods of moment (GMM) in the dynamic panel estimation framework to analyse several factors, including initial income, initial schooling, financial development, inflation, trade openness, corruption, and financial crisis. The study further analyzes the data using the EGLS model to examine the consistency of the GMM model. We found that financial integration has a significant positive effect on economic growth in Southeast Asia. Our findings suggest that increasing financial integration could improve the productive capacity of the economy, including more investments and efficient allocation of capital, and thus enhancing economic growth in this region. More specifically, the results suggest that the government should work towards eliminating corruption and stabilizing macroeconomics in order to enhance financial integration and economic growth. This paper sheds new insights on a better evaluation of the past and present theorizing on the subject of financial integration and economic growth; especially, in Southeast Asia.

Free vibration analysis of sandwich cylindrical panel composed of graphene nanoplatelets reinforcement core integrated with Piezoelectric Face-sheets

  • Khashayar Arshadi;Mohammad Arefi
    • Steel and Composite Structures
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    • v.50 no.1
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    • pp.63-75
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    • 2024
  • In this paper, the modified couple stress theory (MCST) and first order shear deformation theory (FSDT) are employed to investigate the free vibration and bending analyses of a three-layered micro-shell sandwiched by piezoelectric layers subjected to an applied voltage and reinforced graphene nanoplatelets (GPLs) under external and internal pressure. The micro-shell is resting on an elastic foundation modeled as Pasternak model. The mixture's rule and Halpin-Tsai model are utilized to compute the effective mechanical properties. By applying Hamilton's principle, the motion equations and associated boundary conditions are derived. Static/ dynamic results are obtained using Navier's method. The results are validated with the previously published works. The numerical results are presented to study and discuss the influences of various parameters on the natural frequencies and deflection of the micro-shell, such as applied voltage, thickness of the piezoelectric layer to radius, length to radius ratio, volume fraction and various distribution pattern of the GPLs, thickness-to-length scale parameter, and foundation coefficients for the both external and internal pressure. The main novelty of this work is simultaneous effect of graphene nanoplatelets as reinforcement and piezoelectric layers on the bending and vibration characteristics of the sandwich micro shell.

Estimation of Spatial-Temporal Net Primary Productivity and Soil Carbon Storage Change in the Capital area of South Korea under Climate Change (기후변화에 따른 수도권 산림의 순일차생산량과 토양탄소저장량의 시공간적 변화 추정)

  • Kwon, Sun-Soon;Choi, Sun-Hee;Lee, Sang-Don
    • Journal of Environmental Impact Assessment
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    • v.21 no.5
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    • pp.757-765
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    • 2012
  • The purpose of this study was to estimate the spatial-temporal NPP(Net Primary Productivity) and SCS(Soil Carbon Storage) of forest ecosystem under climate change in the capital area of South Korea using Mapss-Century1 (MC1), one of Dynamic Global Vegetation Models (DGVMs). The characteristics of the NPP and SCS changes were simulated based on a biogeochemical module in this model. As results of the simulation, the NPP varies from 2.02 to 7.43 tC $ha^{-1}\;yr^{-1}$ and the SCS varies from 34.55 to 84.81 tC $ha^{-1}$ during 1971~2000 respectively. Spatial mean NPP showed a little decreasing tendency in near future (2021~2050) and then increased in far future (2071~2100) under the condition of increasing air temperature and precipitation which were simulated by the A1B climate change scenario of Intergovernmental Panel on Climate Change (IPCC). But it was estimated that the temporal change of spatial mean NPP indicates 4.62% increasing tendency in which elevation is over 150m in this area. However, spatial mean SCS was decreased in the two future periods under same climate condition.

A Study on the Efficiency and Determinants of Static and Dynamic in Korean property casualty insurance Company (국내 손해보험회사의 효율성 및 결정요인에 대한 Static and Dynamic 분석)

  • Kim, Tae-Hyuk;Park, Chun-Gwang;Kim, Byeong-Chul
    • The Korean Journal of Financial Management
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    • v.25 no.4
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    • pp.183-212
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    • 2008
  • The purpose of this paper is to analyze the efficiency change and determinants of the korean non-life insurance companies. we use DEA (Data Envelopment Analysis) model to measure company efficiency change and use GLS, Tobit model, FIixed effect model, Random effect model, GMM to measure efficiency determinants. we utilize ten non-life insurance companies in korea and the panel data for five from 2001 to 2005. The empirical results show the following findings. First, technical efficiency shows that approximately 15.5% of inefficiency exists on the non-life insurance companies and it reveals that the cause for technical inefficiency is due to scale inefficiency. Second, Dea Window results show that the stable dissimilarity by standard deviation, LDP of CCR. Third, the results of efficiency determinants show that increase efficiency is depend on the premium income and real estates.

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The effects of employment on depression -the Korea Welfare Panel Study- (고용상태 변화와 고용지위가 우울에 미치는 영향 -한국복지패널을 중심으로-)

  • Yoo, Kyuong-Ar;Kim, Young-Ran;Park, Chang-Soo;Lee, Tae-Yong
    • Journal of the Korea Academia-Industrial cooperation Society
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    • v.19 no.1
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    • pp.251-259
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    • 2018
  • This study was conducted to investigate individuals' mental health on the basis of scores for depression and self-esteem from the Korea Welfare Panel Study (KWPS) and determine their dynamic association with employment status. This study was conducted using the eighth (2013) and ninth (2014) data from the KWPS. To identify factors affecting depression, socio-demographic factors, factors related to mental health, and contents related to employment, such as changes in the employment condition and employment status, were selected and analyzed by t-test, ANOVA, and hierarchial multiple regression to determine the explanatory power. Multiple regression revealed that in Model 1, those who were female, were older, had no spouse, were in the lower income bracket, had lower total self-esteem, and scored higher for depression in the previous period tended to show higher levels of depression. Education had no significant effect and explanatory power for all variables inputted into this model was estimated to be 30.8% (p<0.001). The explanatory power for all variables input into Model 2, which was generated by inputting employment status into Model 1, was estimated to be 30.9%, which was 0.1% higher than for Model 1 (p<0.05). These results indicated that depression was significantly correlated with gender, age, income, presence of a spouse, previous depression, self-esteem, and employment status; accordingly, investigation of the factors that can narrow the gap among variables affecting depression should be conducted and socially supported.

The Effects of the workforce Age Structure on Productivity or Labor Costs (사업체 근로자의 연령구성이 생산성과 인건비에 미치는 영향)

  • Kim, Ki-Min
    • Management & Information Systems Review
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    • v.37 no.1
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    • pp.123-138
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    • 2018
  • In this paper, we use panel dataset from Korean linked worker-firm to analyse the effects of the workforce age structure on the productivity or labor costs. We measure 'labor productivity' as added value per capita, 'cost of labor' as labor cost per capita and estimate a dynamic panel model to study the effects of the workforce age structure on the productivity or labor costs. Empirical analysis results show that the workforce age structure is positively related to productivity and labor costs, but only up to the aged of 35-39. That is, we find that an increase in the proportion of younger workers or elder workers rather than the aged 35-39 has a negative effect on productivity and labor cost. In particular, the difference between the estimation coefficient of productivity and labor cost when the share of workers aged 50 or older is increased instead of the aged 35-39 is higher than the difference between the estimation coefficient of productivity and labor cost when the share of workers aged 30 or younger is increased instead of the aged 35-39. Our results exhibit that it is reasonable for firms to worry about declining productivity of elderly workers, whereas firms already used older workers efficiently, such as by adjusting their labor costs.

Comparison of numerical and analytical solutions for reinforced soil wall shaking table tests

  • Zarnani, Saman;El-Emam, Magdi M.;Bathurst, Richard J.
    • Geomechanics and Engineering
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    • v.3 no.4
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    • pp.291-321
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    • 2011
  • The paper describes a simple numerical FLAC model that was developed to simulate the dynamic response of two instrumented reduced-scale model reinforced soil walls constructed on a 1-g shaking table. The models were 1 m high by 1.4 m wide by 2.4 m long and were constructed with a uniform size sand backfill, a polymeric geogrid reinforcement material with appropriately scaled stiffness, and a structural full-height rigid panel facing. The wall toe was constructed to simulate a perfectly hinged toe (i.e. toe allowed to rotate only) in one model and an idealized sliding toe (i.e. toe allowed to rotate and slide horizontally) in the other. Physical and numerical models were subjected to the same stepped amplitude sinusoidal base acceleration record. The material properties of the component materials (e.g. backfill and reinforcement) were determined from independent laboratory testing (reinforcement) and by back-fitting results of a numerical FLAC model for direct shear box testing to the corresponding physical test results. A simple elastic-plastic model with Mohr-Coulomb failure criterion for the sand was judged to give satisfactory agreement with measured wall results. The numerical results are also compared to closed-form solutions for reinforcement loads. In most cases predicted and closed-form solutions fall within the accuracy of measured loads based on ${\pm}1$ standard deviation applied to physical measurements. The paper summarizes important lessons learned and implications to the seismic design and performance of geosynthetic reinforced soil walls.