• Title/Summary/Keyword: Economic validity

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A study on the Arbitration system in the CIETAC and the International Arbitration problems of Korea and China (중국(中國) CIETAC의 중재제도(仲裁制度)와 한중양국(韓中兩國)의 주요중재문제(主要仲裁問題))

  • Kim, Deok-Su;Ju, Geon-Rim
    • Journal of Arbitration Studies
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    • v.8 no.1
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    • pp.87-122
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    • 1998
  • This study reports on the Arbitration system in the China International Economic and Trade Arbitration commission (CIETAC) and the International Arbitration problems of Korea and China. The Chines laws including Arbitration laws are influenced by the civil Code system Particulary the German system. China is contracting state of the U N Convention on the Recognition and Enforcement of Foreign Arbitral Awards (1958 New York Convention), which became effective in the China April 22, 1987. International Commercial Arbitration is popular in China. CIETAC is the sole International Commercial Arbitration body in China. CIETAC has two sub-commissions, on is shen zhem S E Z and the other in shanghai. The CIETAC rules, are similar to the rules in effect in Countries using a civil Code system. Both an agreement to submit an existing dispute to Arbitration and an Arbitration clause in a contract relating to future disputes are recognizeal as valiad Arbitration agreements. CIETAC has the power to make a decision on disputes concering the validity of the Arbitration agreements, or jurisdiction over a specicific case.

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Time-varying Cointegration Models and Exchange Rate Predictability in Korea

  • PARK, SOOKYUNG;PARK, CHEOLBEOM
    • KDI Journal of Economic Policy
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    • v.37 no.4
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    • pp.1-20
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    • 2015
  • We examine the validity of popular exchange rate models such as the purchasing power parity (PPP) hypothesis and the monetary model for Korean won/US dollar exchange rate. Various specification tests demonstrate that Korean data are more favorable for both models based on time-varying cointegration coefficients as compared to those based on constant cointegration coefficients. When the abilities to predict future exchange rates between those models based on time-varying cointegration coefficients are compared, an in-sample analysis shows that the time-varying PPP (monetary model) has better predictive power over horizons shorter (longer) than one year. Results from an out-of-sample analysis indicate that the time-varying PPP outperforms models based on constant cointegration coefficients when predicting future exchange rate changes in the long run.

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Development optical encoder of absolute position be Measured using an asymmetrical slot pattern (비대칭슬롯패턴을 이용하여 절대위치 측정이 가능한 광학식 엔코더 개발)

  • Kim, Young-Su;Lee, Sang-Hun;Kim, Sun-Pil;Hong, Jeong-Pyo;Son, Jung-Gi;Park, Sung-Jun;Kwon, Soon-Jae
    • Proceedings of the KIEE Conference
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    • 2015.07a
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    • pp.696-697
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    • 2015
  • In this paper, the shape of the slit to provide a view of the sensor in such a manner as to encode the rotor position information using a single sensor for studies of economic rotor position and speed detection method for electric motor drive has a special electronic commutator bar-and proposes a robust encoder can produce a rotor position information for each of the woman, and reads out the location information by using the position detection method of the proposed new method compared to traditional DSP Capture function of incremental encoder that its validity was verified through experiments.

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Guidelines for experimental design and statistical analyses in animal studies submitted for publication in the Asian-Australasian Journal of Animal Sciences

  • Seo, Seongwon;Jeon, Seoyoung;Ha, Jong K.
    • Asian-Australasian Journal of Animal Sciences
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    • v.31 no.9
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    • pp.1381-1386
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    • 2018
  • Animal experiments are essential to the study of animal nutrition. Because of the large variations among individual animals and ethical and economic constraints, experimental designs and statistical analyses are particularly important in animal experiments. To increase the scientific validity of the results and maximize the knowledge gained from animal experiments, each experiment should be appropriately designed, and the observations need to be correctly analyzed and transparently reported. There are many experimental designs and statistical methods. This editorial does not aim to review and present particular experimental designs and statistical methods. Instead, we discuss some essential elements when designing an animal experiment and conducting statistical analyses in animal nutritional studies and provide guidelines for submitting a manuscript to the Asian-Australasian Journal of Animal Sciences for consideration for publication.

Research on Factors Influencing Adoption of EDI in Korean Companies (한국기업의 EDI 채택요인에 관한 연구)

  • 김효근;이현정
    • Journal of the Korean Operations Research and Management Science Society
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    • v.22 no.1
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    • pp.159-182
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    • 1997
  • This study is to establish the validity of EDI adoption model Korean Companies. The research model is hypothesized in the external factors of company directly affect on EDI adoaption and the internal factors of company moderately affect on the direct effect. The external factors of company consists of economic factors, organizational power factors, and technological factor. The internal factors of company consists of the size of the company, innovative tendency of the top management, and maturity of the information technology. In the result of data analysis-the data were collected from a total of 81 companies in 6 industries adopted variables are the existence of EDI standard, transaction frequency, inter-organizational bargaining power, and pressure from industry association. Also size of the company and innovative tendency of the top management in a company's internal factors were adopted as moderate variables.

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An Analysis for Recognizing the priority of Indoor Environmental Factors in office Remodeling (사무소 리모델링의 실내환경요소에 대한 선호도 분석 -수요자와 공급자 측면 비교를 중심으로-)

  • Choi, Jin-Hyuk;Park, Tae-Eun;Lee, Jeong-Bok;Kim, So-Yeon;Lee, Kyung-Hoi
    • KIEAE Journal
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    • v.2 no.4
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    • pp.57-64
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    • 2002
  • Nowadays the importance of Building Remodeling as a means to create an architectural environment capable of responding to the social, economic changes has increased more than before. After long time pass, the aged building have faced the need for the overall repair of the structure and function. Remodeling is much more saving the time and cost than new construction in the office building. This study was focused in functional and efficient evaluation. Based on these points, we developed the evaluation factors, and verified a validity of evaluation factors through a survey. The purpose of this study was focused on the Analysis for Recognizing the priority of Indoor Environmental Factors in office Remodeling. This study provides us the competitive guidance of remodeling. The owners and tenants take the maximum efficiency with the minimum cost.

Development of The Self-Reported Measurement for Engineering Design Competency (자기 보고식 공학설계 역량 검사 도구 개발)

  • Kim, Taehoon;Jo, Han-jin;Kang, Moon-ju
    • Journal of Engineering Education Research
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    • v.23 no.1
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    • pp.37-46
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    • 2020
  • The purpose of this study is to develop the self-reported measurement for engineering design competency. In this study, engineering design competency is defined as the overall individual ability that is necessary for an engineer for his/her successful accomplishment of engineering design. This measurement was developed through reviewing documents, defining factor and sub-factor, making an item and constructing validity verification. The self-reported measurement for engineering design competency consists of 6 factors and 40 items. 6 factors cover competency of design performance, competency of considering economic and social influence, competency of utilizing mathematical and scientific knowledge, competency of teamwork, competency of design-centered thinking and competency of collecting and using data. A 6-points Likert scale was used for each item.

Development of Conceptual Structure for Clothing Shopping Orientation (의복 쇼핑 성향의 개념적 구조 규명)

  • 김세희;이은영
    • Journal of the Korean Society of Clothing and Textiles
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    • v.28 no.6
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    • pp.830-841
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    • 2004
  • The necessity to understand shopping orientation is increasing. Yet, there has been few research that investigated the conceptual structure of clothing shopping orientation[CSO]. Therefore, the purpose of this study is to develop the conceptual structure of CSO. For that purpose, both documentary and empirical researches were conducted. The documentary research was conducted to develop a theoretical structure model as a basis for exploring the conceptual structure of CSO. The empirical research was conducted to identify and modify the theoretical model so as to develop a conceptual structure model. The data was analyzed using confirmatory factor analysis, exploratory factor analysis, and Pearson's correlation analysis. As a result, a conceptual structure model of CSO was developed. The model consisted of three hierarchical levels of dimensions; upper-dimensions, middle-dimensions and lower-dimensions. The upper-dimensions were composed of 'economic', 'hedonic', and 'convenient' dimensions. Each upper-dimension consisted of middle-dimensions and lower-dimensions. Confirmatory factor analysis was executed to assess the fitness and cross validity of the structure model.

Decision Making Model for Optimal Earthwork Allocation Planning (최적 토량배분 계획을 위한 의사결정 모델)

  • Gwak, Han-Seong;Seo, Byoung-Wook;Lee, Dong-Eun
    • Proceedings of the Korean Institute of Building Construction Conference
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    • 2016.05a
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    • pp.162-163
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    • 2016
  • This paper presents a mathematical model for optimizing earthwork allocation plan that minimizes earthwork cost. The model takes into account operational constraints in the real-world earthwork such as material-type (i.e., quality level of material) and quantities excavated from cut-sections, required quality of material and quantities for each embankment layer, top-down cutting and bottom-up filling constraints, and allocation orders. These constraints are successfully handled by assuming the rock-earth material as the three dimensional (3D) blocks. The study is of value to project scheduler because the model identifies the optimal earth allocation plan (i.e., haul direction (cut and fill pairs), quantities of soil, type of material, and order of allocations) expeditiously and is developed as an automated system for usability. It is also relevant to estimator in that it computes more realistic earthworks costs estimation. The economic impact and validity of the mathematical model was confirmed by performing test cases.

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Finite Element Simulation of Sheet Metal Forming by Using Non-parametric Tool Description with Locally Refined Patches (국소 분할된 패치를 갖는 비매개변수 금형묘사법을 이용한 3차원 박판성형공정 시뮬 레이션)

  • 윤정환;양동열;유동진
    • Transactions of Materials Processing
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    • v.5 no.1
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    • pp.47-54
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    • 1996
  • An improved nonparametric tool description based on successive refined nonparametric patches is proposed and the related criterion for refinement is also discussed. In the proposed scheme any required order of tool surface conformity can be achieved by employing successive refinements according to the suggested criterion. By using the suggested adaptive tool refinement technique based on the nonparametric patch tool description the locally refined nonparametric tool surface with economic memory size and sufficient accuracy as well as with favorable characteristics for contact treatment can be obtained directly from the parametric patch related with commercial CAD system. Computation is carried out for a chosen complex sheet forming example of an actual autobody panel in order to verify the validity and the efficiency of the developed tool surface description.

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