• Title/Summary/Keyword: Dynamic panel model

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An Dynamic Analysis on the Relationship among Prices, Trading Volumes, Import Volumes and Demand Using VAR - Focused on Cabbage, Onions, and Garlic - (VAR을 이용한 도매가격, 반입량, 수입량 및 수요량의 동태적 상관분석 -배추, 양파, 마늘을 중심으로-)

  • Nam, Kuk-Hyun;Choe, Young-Chan
    • Journal of Agricultural Extension & Community Development
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    • v.24 no.1
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    • pp.9-19
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    • 2017
  • This paper analyses the interrelationship among wholesale price, trading volumes, import volumes and demand for three agricultural products (cabbage, onions, and garlic) by using the consumer panel and the data from the Korea Rural Economic Institute and the Korea Customs Service with a VAR model. The results are summarized as below. (1) The prices of three agricultural products decrease when trading volumes increase while the price of cabbage and onions decreases when import volumes increase. But the prices of three agricultural products have little effects on trading volumes. (2) The demand of three agricultural products increases when trading volumes increase while the demand of cabbage and onions increases when import volumes increase. (3) when demand of garlic and cabbage increases by 10%, their price increases by 2.5% and 1.3% respectively. And the demand of garlic has positive effects on import volumes of garlic.

Similitudes for the structural response and radiated sound power of simply supported plates

  • Robin, Olivier;Margherita, Pasquale;De Rosa, Sergio;Berry, Alain;Franco, Francesco;Ciappi, Elena
    • Advances in aircraft and spacecraft science
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    • v.6 no.6
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    • pp.443-461
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    • 2019
  • This communication investigates exact and distorted similitudes and the related scaling laws for the analysis of both dynamic response and radiated power of rectangular plates. The response of a given panel in similitude from another one is determined from a generalization of the modal approach, allowing the use of mode shapes, natural frequencies and finally radiation functions in order to establish appropriate scaling laws. Analytical models of simply supported rectangular plates are used to produce both original and replica model responses under point mechanical excitation. Emphasis is then especially put on laboratory experiments which are performed on baffled simply supported aluminum panels under mechanical excitations. All the six possible scaling directions, i.e. predicting a plate vibroacoustic reponse from another plate, are reported. All obtained results show that structural response or radiated sound power of a given plate can be both recovered with satisfactory accuracy by using the related scaling laws, even if parent models are used.

Mechanics based force-deformation curve of steel beam to column moment joints

  • Kasar, Arnav A.;Bharti, S.D.;Shrimali, M.K.;Goswami, Rupen
    • Steel and Composite Structures
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    • v.25 no.1
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    • pp.19-34
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    • 2017
  • The widespread damage to steel Moment Resisting Frames (MRFs) in past major earthquakes have underscored the need to understand the nonlinear inelastic behaviour of such systems. To assess the seismic performance of steel MRF, it is essential to model the nonlinear force-deformation behaviour of beam to column joints. To determine the extent of inelasticity in a beam to column joint, nonlinear finite element analysis is generally carried out, which is computationally involved and demanding. In order to obviate the need of such elaborate analyses, a simplistic method to predict the force-deformation behaviour is required. In this study, a simple, mechanics driven, hand calculation method is proposed to obtain the forcedeformation behaviour of strong axis beam to column moment joints. The force-deformation behaviour for twenty-five interior and exterior beam to column joints, having column to beam strength ratios ranging from 1.2 to 10.99 and 2.4 to 22, respectively, have been obtained. The force-deformation behaviour predicted using the proposed method is compared with the results of finite element analyses. The results show that the proposed method predicts the force-deformation behaviour fairly accurately, with much lesser computational effort. Further the proposed method has been used to conduct Nonlinear Dynamic Time History Analyses of two benchmark frames; close correspondence of results obtained with published results establishes the usefulness and computational accuracy of the method.

Maximum Power Point Tracking of Photovoltaic System using Approximation Method (근사기법을 이용한 태양광 발전의 MPPT 제어)

  • Park, Ki-Tae;Choi, Jung-Sik;Ko, Jae-Sub;Park, Byung-Sang;Chung, Dong-Hwa
    • Proceedings of the KIEE Conference
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    • 2007.07a
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    • pp.1215-1217
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    • 2007
  • This paper is proposed a novel method to approximate the maximum power for a photovoltaic inverter system. It is designed for power systems application and utilities. The proposed Maximum Power Point Tracking(MPPT) control has the advantage to provide a new simple way to approximate the optimal or rated voltage, the optimal or rated current and maximum power rating produced by a solar panel and the photovoltaic inverter. And this straightforward method will be named linear reoriented coordinates method(LRCM) with the advantage that Pmax and $V_{op}$ can be approximated using the same variable as the dynamic model without using complicate approximations or Taylor series. This paper is proposed MPPT using LRMC method using weather condition of domestic moderate program technique. This paper is proposed the experimental results to verify the effectiveness of the new methods.

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Nexus among Bank Competition, Efficiency and Financial Stability: A Comprehensive Study in Bangladesh

  • RAHMAN, Syed Mohammad Khaled;CHOWDHURY, Mohammad Ashraful Ferdous;TANIA, Tasmina Chowdhury
    • The Journal of Asian Finance, Economics and Business
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    • v.8 no.2
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    • pp.317-328
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    • 2021
  • This study examines the impact of bank competition and efficiency in the financial stability of the banking sector in Bangladesh. The study used the Lerner index and the Boone indicator to represent the bank competition, while the non-performing loan (NPL) and Z-score are used to represent financial stability. The secondary data were collected from the annual reports of 28 DSE listed commercial banks of Bangladesh over the period from 2011 to 2018. Using a dynamic panel GMM model, the study found the Lerner index is significantly negatively related with Z-score, which means that higher bank competition results in higher bank stability. It is also seen that higher cost efficiency results in higher bank stability. The Lerner index has negative, but insignificant impact on NPL. Similarly, using the Boone indicator, this study found that lower competition increases NPL. In terms of the Z-score, the Boone indicator found that 1 unit of increment results in decrease of the Z-score by 6.15 units. The study suggests that, as more competition results in more financial soundness, the banking industry competition should be ensured by policymakers or regulators. Banks could enhance financial stability by cost control to achieve cost efficiency as well as by improving loan-to-asset ratio.

Potential Foreign Competition and Market Structures: Empirical Analysis and Policy Implications (해외부문과의 잠재적 경쟁과 시장구조: 실증분석과 정책적 함의)

  • Choi, Yong-Seok;Cho, Sungbin
    • KDI Journal of Economic Policy
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    • v.29 no.1
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    • pp.79-112
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    • 2007
  • Opening domestic market to international trade may enhance not only actual competition but also potential competition from foreign competitors. It seems that the competition authority has focused mainly on the actual competition (measured by the current market share) and has paid less attention to the potential competition. In this regards, this paper investigated the relation between potential foreign competition and domestic market structure. Using dynamic panel regression model, we analyzed the dynamic response of import penetration to the changes of domestic market condition in Korea as a proxy for the degree of potential foreign competition. The empirical results suggests that potential foreign competition does exist in the Korean manufacturing sector and this tendency is more stronger when the market is more concentrated. Thus, in order to effectively implement competition policy, it is necessary to consider both actual and potential competition.

The Dynamic Effects of China's Agricultural Technology Progress and Agricultural Environment Grants on Agricultural Development - Focusing on 3 Dongbei Province in China - (중국의 농업기술진보와 농업환경보조금이 농업발전에 미치는 동태적 파급효과 - 동북 3성을 중심으로 -)

  • Jin, Lin;Mun, Hong Sung
    • Journal of Korean Society of Rural Planning
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    • v.26 no.3
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    • pp.57-65
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    • 2020
  • Agricultural research and development (R&D) investment has contributed not only to agriculture but also to the overall economic growth of the country. The recent arrival of the fourth industrial revolution has raised the need for agricultural R&D as a preparation. Agriculture R&D is directly related to the fourth industrial revolution in the agricultural and livestock sectors that utilize big data, robots, artificial intelligence and cloud. Meanwhile, subsidies or grants are considered the most widely used means of policy. Therefore, in light of the current situation in which Chinese agriculture values R&D investment, this study attempted to analyze the dynamic relationship between variables by establishing a model of agricultural environment subsidy representing the role of government, agricultural technology progress representing existing agricultural R&D investment, agricultural income representing agricultural development and total agricultural output. The analysis results showed that each variable's reaction to the rise in China's agricultural R&D investment has a positive effect on agricultural development, in line with the theory that the investment in science and technology in the agricultural sector has a positive effect. In addition, the response of each variable to China's rising agricultural environment subsidy is shown to have a positive relationship, which can also be said to be in line with the theory that the government's market-friendly intervention is beneficial to economic development.

Impact Tests and Numerical Simulations of Sandwich Concrete Panels for Modular Outer Shell of LNG Tank (모듈형 LNG 저장탱크 외조를 구성하는 샌드위치 콘크리트 패널의 충돌실험 및 해석)

  • Lee, Gye-Hee;Kim, Eun
    • Journal of the Computational Structural Engineering Institute of Korea
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    • v.32 no.5
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    • pp.333-340
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    • 2019
  • Tests using a middle velocity propulsion impact machine (MVPIM) were performed to verify the impact resistance capability of sandwich concrete panels (SCP) in a modular liquefied natural gas (LNG) outer tank, and numerical models were constructed and analyzed. $2{\times}2m$ specimens with plain sectional characteristics and specimens including a joint section were used. A 51 kg missile was accelerated above 45 m/s and impacted to have the design code kinetic energy. Impact tests were performed twice according to the design code and once for the doubled impact speed. The numerical models for simulating impact behaviors were created by LS-DYNA. The external steel plate and filled concrete of the panel were modeled as solid elements, the studs as beam elements, and the steel plates as elasto-plastic material with fractures; the CSCM material model was used for concrete. The front plate deformations demonstrated good agreement with those of other tests. However the rear plate deformations were less. In the doubled speed test for the plain section specimen, the missile punctured both plates; however, the front plate was only fractured in the numerical analysis. The impact energy of the missile was transferred to the filled concrete in the numerical analysis.

The Dynamic Research of Mobile and PC Online Media Visit Activities Effects on The E-Commerce Site Visit (모바일, PC온라인 매체 방문 행동이 쇼핑 사이트 방문에 미치는 영향에 대한 동태적 연구)

  • Lee, Dong Il;Kim, Hyun Gyo
    • Journal of the Korean Operations Research and Management Science Society
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    • v.39 no.4
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    • pp.85-95
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    • 2014
  • In the e-commerce, the conversion into the multi-media is the important issue. According to the research by Nielsen Korea, the 83% of customers who purchase the products in the e-commerce utilize multi-channel to buy the products such as mobile and online [3]. Thus, to effectively implement online advertising, marketers should understand the customers' path [15] in the multi-channel. The study of the multi-site activities plays an important role to predict customers' purchase [28]. To explain the e-commerce site visit activities of customers, we have developed research model in terms of the online advertising. This research model is based on the study of Moe and Fader [23]. There are two types of composition in the research model. First, general site visit as an exploratory search have net effect on the shopping site visit because customers could acquire or develop information on the e-commerce site via online advertising. Secondly, the e-commerce site visit as a goal-directed search cause threshold of the e-commerce site visit because customers could achieve their goal. When the threshold is increased, the probability of a shopping site visit is decreased and vice versa. Thus, we have investigated the impact of customers' previous visit activities (general site visit and shopping site visit) on the next e-commerce site visit in terms of dynamic view. Research data was provided by Cheil World Wide. This panel data include mobile and online log data of panelists from Jan. 2013 to March 2013. As the results, the customers' e-commerce site visit on the online media would decrease the probability of e-commerce site visit because these visit activities increase the threshold of e-commerce site visit. This result is similar with the previous study [23]. Otherwise, since e-commerce site visit on the mobile media decrease the threshold, the customers' probability of e-commerce site visit would increase In summary, the site visit activities on the mobile could improve the probability of e-commerce site visits.

Decomposition of Wage Differentials for Women with Disabilities in the Seoul Local Labor Market of Korea (서울 지역노동시장권 여성장애인 임금근로자의 이중차별적 임금격차 분석)

  • Lee, Young Kyeong;Lim, Up
    • Journal of the Korean Regional Science Association
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    • v.32 no.2
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    • pp.45-59
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    • 2016
  • The purpose of this study is to analyze the static and dynamic change of wage differentials of women with disabilities in the Seoul local labor market. This study attempts to explain the double discrimination mechanism for disabled women and empirically gender discrimination and disability discrimination for them by using Oaxaca-Blinder decomposition analysis. In addition, using Juhn-Murphy-Pierce decomposition analysis. we analyze the wage differentials caused by the changed characteristics of disabled women and structures of discrimination at the Seoul local labor market. Data from the Panel Survey of Employment for the Disabled and Korean Labor and Income Panel Study for two years (2008, 2012) are used. According to the result, wage differentials of disabled women caused by disability discrimination is approximately 55% of total wage discrimination, whereas 45% is caused by gender discrimination during the period. Both observed and unobserved components move in the same direction to narrow wage differentials due to the disability discrimination and gender discrimination. Also the endowments in the Seoul local labor market about the changes of observed and unobserved components contribute more to narrow gender wage differentials, while these endowments widen disability wage differentials.