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A Study on Korean FDI in China by Industries and Intra Industry Trade between Two Countries (한국의 대 중국 업종별 FDI와 산업내무역에 관한 연구)

  • Kim, Seong Ki;Kang, Han Gyoun
    • International Area Studies Review
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    • v.13 no.3
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    • pp.759-780
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    • 2009
  • The purpose of this paper is to analyse the effect of Korean FDI(1990-2008) in China by industries on exports and imports between two countries. We use time series regression, Vector Error Correction Model and Impulse Response Function as methodologies. Our findings through empirical tests are as follows. First Korean FDI in China increases Korean exports with China but shows a tendency to decrease due to the local content of China. Second Korean FDI in China increases Korean imports in SITC 8 with China. Finally Korean trade surplus caused by Korean FDI in China shrinks due to the decreasing of exports and increasing of imports in Korea. Korean FDI in China should be oriented host country's market oriented rather than production efficiency oriented because of unfriendly foreign investment environments in China.

The Analysis of the Effect of Fiscal Decentralization on Economic Growth: Centering The U. S. (재정분권화가 경제성장에 미치는 영향에 관한 실증연구: 미국의 경우를 중심으로)

  • Choi, Won Ick
    • International Area Studies Review
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    • v.16 no.3
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    • pp.77-97
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    • 2012
  • Estimated coefficients has serious problems including inconsistency, biasness, etc. because many researches about the effect of fiscal decentralization on a country's economic growth use the traditional OLS method. Researches use the data intactly so that so called "spurious regression" phenomenon exists. This causes fundamental fallacy. This research tries unit root test, cointegration test, and then estimates the United States' economic time series by using VECM. The analysis of the effect of the state level-fiscal decentralization on economic growth shows two long term-equilibriums. During short term-dynamic adjustment, fiscal decentralization and economic growth move the same or different directions. In case of prediction GDP increases steeply and then from 2015 gently; and fiscal decentralization index shows a general reduction trend and then decreases slowly. At local level it shows two long term-equilibriums. During short term-dynamic adjustment, fiscal decentralization and economic growth also move the same or different directions. Impulse response analysis shows the very negative effect of fiscal decentralization on economic growth.

3D Reconstruction of Structure Fusion-Based on UAS and Terrestrial LiDAR (UAS 및 지상 LiDAR 융합기반 건축물의 3D 재현)

  • Han, Seung-Hee;Kang, Joon-Oh;Oh, Seong-Jong;Lee, Yong-Chang
    • Journal of Urban Science
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    • v.7 no.2
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    • pp.53-60
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    • 2018
  • Digital Twin is a technology that creates a photocopy of real-world objects on a computer and analyzes the past and present operational status by fusing the structure, context, and operation of various physical systems with property information, and predicts the future society's countermeasures. In particular, 3D rendering technology (UAS, LiDAR, GNSS, etc.) is a core technology in digital twin. so, the research and application are actively performed in the industry in recent years. However, UAS (Unmanned Aerial System) and LiDAR (Light Detection And Ranging) have to be solved by compensating blind spot which is not reconstructed according to the object shape. In addition, the terrestrial LiDAR can acquire the point cloud of the object more precisely and quickly at a short distance, but a blind spot is generated at the upper part of the object, thereby imposing restrictions on the forward digital twin modeling. The UAS is capable of modeling a specific range of objects with high accuracy by using high resolution images at low altitudes, and has the advantage of generating a high density point group based on SfM (Structure-from-Motion) image analysis technology. However, It is relatively far from the target LiDAR than the terrestrial LiDAR, and it takes time to analyze the image. In particular, it is necessary to reduce the accuracy of the side part and compensate the blind spot. By re-optimizing it after fusion with UAS and Terrestrial LiDAR, the residual error of each modeling method was compensated and the mutual correction result was obtained. The accuracy of fusion-based 3D model is less than 1cm and it is expected to be useful for digital twin construction.

Has Container Shipping Industry been Fixing Prices in Collusion?: A Korean Market Case

  • Jaewoong Yoon;Yunseok Hur
    • Journal of Korea Trade
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    • v.27 no.1
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    • pp.79-100
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    • 2023
  • Purpose - The purpose of this study is to analyze the market power of the Korea Container Shipping Market (Intra Asia, Korea-Europe, and Korea-U.S.) to verify the existence of collusion empirically, and to answer whether the joint actions of liner market participants in Korea have formed market dominance for each route. Precisely, it will be verified through the Lerner index as to whether the regional market of Asia is a monopoly, oligopoly, or perfect competition. Design/methodology - This study used a Lerner index adjusted with elasticity presented in the New Imperial Organization (NEIO) studies. NEIO refers to a series of empirical studies that estimate parameters to judge market power from industrial data. This study uses B-L empirical models by Bresnahan (1982) and Lau (1982). In addition, NEIO research data statistically contain self-regression and stability problems as price and time series data. A dynamic model following Steen and Salvanes' Error Correction Model was used to solve this problem. Findings - The empirical results are as follows. First, λ, representing market power, is nearly zero in all three markets. Second, the Korean shipping market shows low demand elasticity on average. Nevertheless, the markup is low, a characteristic that is difficult to see in other industries. Third, the Korean shipping market generally remains close to perfect competition from 2014 to 2022, but extreme market power appears in a specific period, such as COVID-19. Fourth, there was no market power in the Intra Asia market from 2008 to 2014. Originality/value - Doubts about perfect competition in the liner market continued, but there were few empirical cases. This paper confirmed that the Korea liner market is a perfect competition market. This paper is the first to implement dynamics using ECM and recursive regression to demonstrate market power in the Korean liner market by dividing the shipping market into Deep Sea and Intra Asia separately. It is also the first to prove the most controversial problems in the current shipping industry numerically and academically.

Simulation study on draft force prediction of moldboard plow according to cohesive soil particle size using the discrete element method (이산요소법을 활용한 점성토 환경에서의 토양 입자 크기에 따른 몰드보드 플라우 견인력 예측 시뮬레이션)

  • Min Seung Kim;Bo Min Bae;Dae Wi Jung;Jang Hyeon An;Se O Choi;Sang Hyeon Lee;Si Won Sung;Yeon Soo Kim;Yong Joo Kim
    • Journal of Drive and Control
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    • v.21 no.3
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    • pp.46-55
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    • 2024
  • In the agricultural machinery field, load analysis is mostly done through field tests. However, field tests are time-consuming and costly. There are also limitations in test conditions due to weather conditions. To overcome these environmental limitations, research on load analysis through simulation in a virtual environment is actively being conducted. This study aimed to select the most appropriate soil particle size for modeling by analyzing the effect of soil particle size on the prediction of draft force of the implement using simulation and soil particle modeling in a virtual environment with the discrete element method (DEM) software. The accuracy was verified by simulating the draft force for the same moving speed by soil particle size. For soil particle modeling, DEM soil modeling was performed by designing soil property measurement procedure. Soil particle correction was performed with a virtual vane shear test. Average DEM simulation results showed an error of 27.39% (19.43~40.66%) compared to actual measured data. The possibility of improvement was confirmed through additional research. Results of this study provide useful information for selecting soil particle size in soil modeling using DEM from the perspective of agricultural machinery research.

A study on improvement of misdiagnosis rate in aortic regurgitation disease by physically correcting EF in 2D echo cardiography (대동맥판 역류질환 진단시 이면성심초음파 박출계수의 보정을 통한 오진율 개선에 관한 연구)

  • Choi, Kwan-Woo;Son, Soon-Yong
    • Journal of the Korea Academia-Industrial cooperation Society
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    • v.13 no.5
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    • pp.2142-2147
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    • 2012
  • This study is aimed at decreasing wrong diagnosis with corrected EF(Ejection Fraction) of 2D echo cardiography by analysing the physical time-resolution difference between Cine MRI and 2D echo cardiography and applying the corrected EF in 2D echocardiography. From February 2010 to December 2011, among the 110 patients who had undergone both 2D echo cardiography and cine MRI only 37 patient were selected suffering aortic valve regurgitation. ED, ES and SV were measured and EF was calculated in each system while normal ranges of Cine MRI and 2D echocardiography were compared to evauate misdiagnosis rate. The correlation of physical time resolution between 2D echocardiography and MRI was evaluated and the differences were corrected with linear regression coefficient which is derived from linear regression analysis. Blandt-Altman plot was used to evaluate the reliability of corrected 2D echo cardiography EF and compare the error among measured values. The values were compared with MRI normal range and misdiagnosis rate was measured again. As a result, misdiagnosis rates of physical time resolution were measured to be 32.4%(12people) before the correction of EF and 18.9%(7people) after the correction. Also, EF confirmed in Blandt-Altman plot were almost the same with MRI EF. In conclusion, when diagnosing aortic regurgitation disease, simply using 2D echocardiography can easily raise the misdiagnosis rates, therefore considering the MRI machine's physical merits, correcting the time resolution difference is important by calculating time resolution wrong diagnosis would decrease and it is considered to be useful in clinical circumstances.

A Thermal Time - Based Phenology Estimation in Kimchi Cabbage (Brassica campestris L. ssp. pekinensis) (온도시간 기반의 배추 생육단계 추정)

  • Kim, Jin-Hee;Yun, Jin I.
    • Korean Journal of Agricultural and Forest Meteorology
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    • v.17 no.4
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    • pp.333-339
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    • 2015
  • A thermal time-based phenology model of Kimchi cabbage was developed by using the field observed growth and temperature data for the purpose of accurately predicting heading and harvest dates among diverse cropping systems. In this model the lifecycle of Kimchi cabbage was separated into the growth stage and the heading stage, while the growth amount of each stage was calculated by optimal mathematical functions describing the response curves for different temperature regimes. The parameter for individual functions were derived from the 2012-2014 crop status report collected from seven farms with different cropping systems located in major Kimchi cabbage production area of South Korea (i.e., alpine Gangwon Province for the summer cultivation and coastal plains in Jeonnam Province for the autumn cultivation). For the model validation, we used an independent data set consisting of local temperature data restored by a geospatial correction scheme and observed harvest dates from 17 farms. The results showed that the root mean square error averaged across the location and time period (2012-2014) was 5.3 days for the harvest date. This model is expected to enhance the utilization of the Korea Meteorological Administration's daily temperature data in issuing agrometeorological forecasts for developmental stages of Kimchi cabbage grown widely in South Korea.

Efficient polynomial exponentiation in $GF(2^m)$with a trinomial using weakly dual basis ($GF(2^m)$에서 삼항 기약 다항식을 이용한 약한 쌍대 기저 기반의 효율적인 지수승기)

  • Kim, Hee-Seok;Chang, Nam-Su;Lim, Jong-In;Kim, Chang-Han
    • Journal of the Institute of Electronics Engineers of Korea SD
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    • v.44 no.8
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    • pp.30-37
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    • 2007
  • An exponentiation in $GF(2^m)$ is a basic operation for several algorithms used in cryptography, digital signal processing, error-correction code and so on. Existing hardware implementations for the exponentiation operation organize by Right-to-Left method since a merit of parallel circuit. Our paper proposes a polynomial exponentiation structure with a trinomial that is organized by Left-to-Right method and that utilizes a weakly dual basis. The basic idea of our method is to decrease time delay using precomputation tables because one of two inputs in the Left-to-Right method is fixed. Since $T_{sqr}$ (squarer time delay) + $T_{mul}$(multiplier time delay) of ow method is smaller than $T_{mul}$ of existing methods, our method reduces time delays of existing Left-to-Right and Right-to-Left methods by each 17%, 10% for $x^m+x+1$ (irreducible polynomial), by each 21%, 9% $x^m+x^k+1(1, by each 15%, 1% for $x^m+x^{m/2}+1$.

Application of Residual Statics to Land Seismic Data: traveltime decomposition vs stack-power maximization (육상 탄성파자료에 대한 나머지 정적보정의 효과: 주행시간 분해기법과 겹쌓기제곱 최대화기법)

  • Sa, Jinhyeon;Woo, Juhwan;Rhee, Chulwoo;Kim, Jisoo
    • Geophysics and Geophysical Exploration
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    • v.19 no.1
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    • pp.11-19
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    • 2016
  • Two representative residual static methods of traveltime decomposition and stack-power maximization are discussed in terms of application to land seismic data. For the model data with synthetic shot/receiver statics (time shift) applied and random noises added, continuities of reflection event are much improved by stack-power maximization method, resulting the derived time-shifts approximately equal to the synthetic statics. Optimal parameters (maximum allowable shift, correlation window, iteration number) for residual statics are effectively chosen with diagnostic displays of CSP (common shot point) stack and CRP (common receiver point) stack as well as CMP gather. In addition to removal of long-wavelength time shift by refraction statics, prior to residual statics, processing steps of f-k filter, predictive deconvolution and time variant spectral whitening are employed to attenuate noises and thereby to minimize the error during the correlation process. The reflectors including horizontal layer of reservoir are more clearly shown in the variable-density section through repicking the velocities after residual statics and inverse NMO correction.

Precision Improvement of GPS Height Time Series by Correcting for Atmospheric Pressure Loading Displacements (대기압하중에 의한 지각변위 보정을 통한 GPS 수직좌표 시계열 정밀도 향상)

  • Kim, Kyeong-Hui;Park, Kwan-Dong
    • Journal of the Korean Society of Surveying, Geodesy, Photogrammetry and Cartography
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    • v.27 no.5
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    • pp.599-605
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    • 2009
  • Changes of atmospheric pressures cause short- and long-term crustal deformations and thus become error sources in the site positions estimated from space geodesy equipments. In this study, we computed daily displacements due to the atmospheric pressure loading (ATML) at the 14 permanent GPS sites operated by National Geographic Information Institute. And the 10-year GPS data collected at those stations were processed to create a continuous time series of the height estimate. Then, we corrected for the ATML from the GPS height time series to see if the correction changes the site velocity and improves the precision of the time series. While the precision improved by about 4% on average, the velocity change was not significant at all. We also investigated the overall characteristics of the ATML in the southern Korean peninsula by computing the ATML effects at the inland grid points with a $0.5^{\circ}{\times}0.5^{\circ}$ spatial resolution. We found that ATML displacements show annual signals and those signals can be fitted with sinusoidal functions. The amplitudes were in the range of 3-4 mm, and they were higher at higher latitudes and lower at the costal area.