• Title/Summary/Keyword: Dynamic panel model

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Modeling and Simulation of Ship Panel-block Assembly Line Using Petri Nets (Petri Nets을 이용한 조선소 패널 블록 조립 라인의 모델링과 시뮬레이션)

  • Han, Sang-Dong;Ryu, Cheol-Ho;Shin, Jong-Gye;Lee, Jong-Kun
    • Korean Journal of Computational Design and Engineering
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    • v.13 no.1
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    • pp.36-44
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    • 2008
  • This paper proposes a modeling and simulation process of a panel production line (PPL) in a shipyard. The panel production line is an assembly process to produce a main panel of a flat block and a curved block. In this paper, its activity analysis is carried out using expression of IDEF0, and its process is qualitatively and quantitatively analyzed and modeled by Petri Nets. A commercial discrete event simulation tool, $QUEST^{TM}$, is used for virtual PPL and simulation. The modeling results by Petri Net are mapped to elements of the simulation tool. Finally, an integrated simulation environment of PPL is implemented in order to efficiently utilize the virtual PPL model. With the help of IDEF0 and Petri Nets, we could systematically analyze and describe the PPL process that are characterized as being concurrent, asynchronous, distributed, parallel, nondeterministic, and/or stochastic. Also, the dynamic and concurrent activities of a PPL system were able to be simulated. A timing concept can be included into the Petri nets model to evaluate performance and dependability issues of the system.

Dynamic Analysis of a Maglev Conveyor Using an EM-PM Hybrid Magnet

  • Kim, Ki-Jung;Han, Hyung-Suk;Kim, Chang-Hyun;Yang, Seok-Jo
    • Journal of Electrical Engineering and Technology
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    • v.8 no.6
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    • pp.1571-1578
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    • 2013
  • With the emergence of high-integration array and large area panel process, the need to minimize the generation of particles in the field of semiconductor, LCD and OLED has grown. As an alternative to the conventional roller system, a contactless magnetic conveyor has been proposed to reduce the generation of particles. An EM-PM hybrid which is one of magnetic levitation types is already proposed for the conveyor system. One of problems pointed out with this approach is the vibration caused by the dynamic interaction between conveyor and rail. To reduce the vibration, the introduction of a secondary suspension system which aims to decouple the levitation electromagnet from the main body is proposed. The objective of this study is to develop a dynamic model for the magnetically levitated conveyor, and to investigate the effect of the introduced suspension system. An integrated model of levitation system and rail based on 3D multibody dynamic model is proposed. With the proposed model, the dynamic characteristics of maglev conveyor system are analyzed, and the effect of the secondary suspension and the stiffness and damping are investigated.

The Impact of Stock-to-Flow Price Ratio on Housing Starts (재고-신규주택 상대가격이 주택공급에 미치는 영향)

  • Ji, Kyu Hyun;Choi, Sung Ho
    • Land and Housing Review
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    • v.11 no.1
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    • pp.59-66
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    • 2020
  • This thesis investigates relationship between Stock-to-Flow price and housing starts in Seoul metropolitan form 2008 year to 2019 year. The paper tests the relationship through two time-series models such as a vector error correction model and Dynamic Panel regression model. The model results show evidence of positive correlation between Stock-to-Flow price and housing starts in the long run. By transforming the regional data into a panel data set and running a fixed effects model, we test the explanatory power of PBR on housing starts. The result of VECM confirms that one unit uprising PBR raises up apartment construction by 7.4%. This result supports that PBR is a major factor in choosing a start of housing construct. Base on the result of empirical model, We also suggest that the market self-regulation function of housing providers is operating in the entire metropolitan area market.

Robust Unit Root Tests for a Panel TAR Model

  • Shin, Dong-Wan
    • The Korean Journal of Applied Statistics
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    • v.24 no.1
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    • pp.11-23
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    • 2011
  • Robust unit root tests are developed for dynamic panels consisting of TAR processes. The test statistics are all based on diverse combinations of individual t-type tests for significance of TAR coefficients. Limiting null distributions are established. A Monte-Carlo experiment compares the proposed tests. The tests are applied to a panel data set of Canadian unemployment rates which show asymmetric features as well as having outliers.

A study of an oyster monthly forecasting model using the structural equation model approach based on a panel analysis

  • Sukho Han;Seonghwan Song;Sujin Heo;Namsu Lee
    • Korean Journal of Agricultural Science
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    • v.49 no.4
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    • pp.949-961
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    • 2022
  • The purpose of this study is to build an oyster outlook model. In particular, by limiting oyster items, it was designed as a partial equilibrium model based on a panel analysis of a fixed effect model on aquaculture facilities. The model was built with a dynamic ecological equation (DEEM) system that considers aquaculture and harvesting processes. As a result of the estimation of the initial aquaculture facilities based on the panel analysis, the elasticity of the remaining facility volume in the previous month was estimated to be 0.63. According to Nerlove's model, the adjustment coefficient was interpreted as 0.31 and the adjustment speed was analyzed to be very slow. Also, the relative income coefficient was estimated to be 2.41. In terms of elasticity, it was estimated as 0.08% in Gyeongnam, 0.32% in Jeonnam, and 1.98% in other regions. It was analyzed that the elasticity of relative income was accordingly higher in non-main production area. In case of the estimation of the monthly harvest facility volume, the elasticity of the remaining facility volume in the previous month was estimated as 0.53, and the elasticity of the farm-gate price was estimated as 0.23. Both fresh and chilled and frozen oysters' exports were estimated to be sensitive to fluctuations in domestic prices and exchange rates, while Japanese wholesale prices were estimated to be relatively low in sensitivity, especially to the exchange rate with Japan. In estimating the farm-gate price, the price elasticity coefficient of monthly production was estimated to be inelastic at 0.25.

Seismic Analysis on a Control Panel of (Nuclear) Power Plant (발전소 주 제어실 제어패널의 내진해석)

  • Lee, Heung-Shik;Kim, Myung-Gu;Cho, Chongdu
    • Transactions of the Korean Society for Noise and Vibration Engineering
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    • v.15 no.6 s.99
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    • pp.652-659
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    • 2005
  • In this paper, seismic qualification analysis for the Plant control Panel is carried out to confirm the structural integrity under the seismic conditions represented by required response spectra(RRS). The finite element method(FEM) is used for the analysis and a mode combination method is adopted to obtain a more reliable spectrum analysis results. In addition, the experimental analysis is performed to compare the reliability of the analytical results. The analysis results shows that the plant control panel system is designed to have the dynamic rigidity with no resonance frequency below 33 Hz. The analytically calculated maximum stress of the plant control panel system is $36\%$ of the field strength of material, thus it can be shown that the system has a stable structure for the seismic load.

Analysis of Decoupling Phenomenon Between Economic Growth and GHG Emissions: Dynamic Panel Analysis of 63 Countries (1980~2014) (경제성장과 탄소배출량의 탈동조화 현상 분석: 63개국 동태패널분석(1980~2014년))

  • Lim, Hyungwoo;Jo, Ha-hyun
    • Environmental and Resource Economics Review
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    • v.28 no.4
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    • pp.497-526
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    • 2019
  • The importance of "decoupling" to maintain economic growth and reduce greenhouse gases is emerging as the world has been mandated to reduce greenhouse gases since the 2015 Paris Agreement. This study covered 63 countries from 1980 to 2014 and analyzed the main characteristics and causes of decoupling phenomenon between economic growth and carbon emissions. In this study, the degree of decoupling was measured every five years. The analysis found that the decoupling rate of OECD countries and countries with large incomes was high, and that the decoupling phenomenon has accelerated worldwide since the 2000s. However, the degree of decoupling was different depending on the national characteristics. According to the results of dynamic panel model, the growth rate of manufacturing and the proportion of exports hampered decoupling, while the proportion of human capital and renewable energy had a positive effect on decoupling. Also income had a inverse U-shape non-linear effect on decoupling.

An Empirical Analysis on the Employment Effect of Korean Exporting using the DPD model (동태패널모형을 활용한 수출의 고용효과 분석)

  • Cin, Beom-Cheol
    • International Area Studies Review
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    • v.13 no.3
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    • pp.213-238
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    • 2009
  • This paper empirically examines effects of exporting on employment over the period 2000-2007 for Korean listed and non-listed manufacturing firms. The paper employs the dynamic panel model of labor demand and controls for simultaneity of the exports and real wages using a two step random effect Tobit-DPD (Dynamic Panel Data) procedure. Our empirical results suggest that surprisingly, there is no robust evidence for employment effects of exporting of Korea's large firms and small-medium sized firms during the sample period after Korean financial crisis. This implies that Korean exporting patterns have been changed in a way that exporting highly capital intensive goods leads to importing more intermediate goods and thus to countervailing the employment effects of exporting. This suggests that expansion of exporting by lowering exporting prices through the bilateral FTA might not be helpful to enhancing employment in Korea.

Analysis on the Fracture of a Panel Glass in a Liquid Crystal Display Module under Mechanical Shock (액정 디스플레이(LCD)의 패널유리 파손평가에 관한 연구)

  • Park, Sang-Hu;Lee, Bu-Yun;Eom, Yun-Yong
    • Journal of the Korean Society for Precision Engineering
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    • v.17 no.12
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    • pp.76-81
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    • 2000
  • Analysis on failure of the panel glass under mechanical shock is the main topic of this study. Since the glass for the LCD panel is thin, it needs to be designed to have enough toughness against mechanical shock. In this paper, a process of estimating fracture of the panel glass is proposed to guarantee reliability of the product. The fracture toughness of the panel glass is used as a criterion of the fracture based on an experimental approach. The stress intensity factor was calculated considering a model with the largest initial crack size on a cut surface and with the boundary force obtained from a dynamic finite element analysis. Critical surface roughness on the cut surface of a typical glass panel, to prevent fracture in case of bending mode, is obtained.

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Capital Structure and Trade-Off Theory: Evidence from Vietnam

  • KHOA, Bui Thanh;THAI, Duy Tung
    • The Journal of Asian Finance, Economics and Business
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    • v.8 no.1
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    • pp.45-52
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    • 2021
  • The capital structure is one of the hot financial topics among researchers and scholars. Its importance comes from the fact that capital structure is closely related to companies' ability to meet different stakeholders' needs. A suitable capital structure will boost the business and create a competitive advantage in the context of fierce competition. Many companies choose an optimal debt level based on the trade-off between interest and debt costs. This study aimed to test the existence of trade-off theory in capital structure, the case of Vietnam's real estate companies, which are growing very fast recently. Instead of considering constant optimal leverage to test the trade-off model, we take advantage of the dynamic capital structure determined by growth opportunities, profitability, tax incentives, tangibility, liquidity, and firm size. The dynamic panel data regression was estimated by the system Generalized Method of Moment (Sys-GMM). The empirical evidence showed that real estate companies listed in the Vietnamese stock market might change their leverage toward a target capital structure determined by influential factors in a long-term perspective. In particular, the debt-to-asset ratio will change by approximately 14 percent, positively, in response to the difference between the current debt-to-asset ratio and the dynamic target debt-to-asset ratio.