• Title/Summary/Keyword: Estimated crude rate

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Capturing the Short-run and Long-run Causal Behavior of Philippine Stock Market Volatility under Vector Error Correction Environment

  • CAMBA, Abraham C. Jr.
    • The Journal of Asian Finance, Economics and Business
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    • v.7 no.8
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    • pp.41-49
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    • 2020
  • This study investigates the short-run and long-run causal behavior of the Philippine stock market index volatility under vector error correction environment. The variables were tested first for stationarity and then long-run equilibrium relationship. Moreover, an impulse response function was estimated to examine the extent of innovations in the independent variables in explaining the Philippine stock market index volatility. The results reveal that the volatility of the Philippine stock market index exhibit long-run equilibrium relationship with Peso-Dollar exchange rate, London Interbank Offered Rate, and crude oil prices. The short-run dynamics-based VECM estimates indicate that in the short-run, increases (i.e., depreciation) in Peso-Dollar exchange rate cause PSEI volatility to increase. As for the London Interbank Offered Rate, it causes increases in PSEI volatility in the short-run. The adjustment coefficients used with the long-run dynamics validates the presence of unidirectional causal long-run relationship from Peso-Dollar exchange rate, London Interbank Offered Rate, and crude oil prices to PSEI volatility, and bidirectional causal long-run relationship between PSEI volatility and London Interbank Offered Rate. The impulse response functions developed within the VECM framework demonstrate the positive and negative reactions of PSEI volatility to unanticipated Peso-Dollar exchange rate, London Interbank Offered Rate, and crude oil price shocks.

Effects of Seeding Rates on Growth, Forage Yield and Feed Value of Cassia mimosoides var. nomame (파종량 차이에 따른 차풀의 생육, 사초수량 및 사료가치 변화)

  • 조남기;오은경;강영길;박성준
    • Journal of The Korean Society of Grassland and Forage Science
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    • v.20 no.3
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    • pp.221-226
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    • 2000
  • Cassia mimosoides var. nomame was grown at five seeding rates (10, 20, 30, 40 and 50 kg/ha) from March 31 to September 21, 1998 at Cheju to determine influence of seeding rate on agronomic characters, and forage yield and quality. Days to flowering increased from 126 to 129 days as seeding rate increased from 10 to 50 kg/ha. The plant height increased from 86 to 99 cm as seeding rate was increased from 10 to 30 kg/hac and then decreased to 93 cm at a rate of 50 kglha. With increasing seeding rate, stem diameter quadratically decreased and the number of branches and green leaves per plant linearly decreased but the number of withering leaves per plant linearly increased. As seeding rate increased &om 10 to 30 kg/ha, fresh forage, dry matter, crude protein, and total digestible nutrients (TDN) yield increased 'from 30.7 to 49.1, 7.5 to 12.2, 0.90 to 1.57 and 4.09 to 7.09 MTha, respectively, and then decreased with further increased seeding rates. Crude protein, ether extract, nitrogen free extract, and TDN wntent increased 12.1 to 14.2% 2.2 to 2.9%, 35.1 to 39.2%, 54.8 to 60.3% respectively, but crude fiber wntent decreased 39.8 .to 33.3% and crude ash declined 4.9 to 3.8% as seeding rate increased from 10 to 50 kgiha. The optimum seeding rate to obtain the highest TDN yield was estimated to be 36kglha. (Key words : Cassia mimosoides var. nomame, Seeding rate, Forage yield, Forage quality)

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Effect of Crude Carbohydrate Content in Livestock Manure Compost on Organic Matter Decomposition Rate in Upland Soil (가축분 퇴비 조섬유 조성이 밭 토양에서 유기물 분해율에 미치는 영향)

  • Yun, Hong-Bae;Lee, Youn;Yu, Chang-Yeon;Lee, Sang-Min;Hyun, Byung-Keun;Lee, Yong-Bok
    • Korean Journal of Soil Science and Fertilizer
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    • v.40 no.5
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    • pp.364-368
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    • 2007
  • The objective of this study was to characterize organic mater decomposition with application of livestock manure compost in upland soil. Six different composts, which were chicken (CHM), pig (PIM), and cow (COM) manure compost added and chicken (CHMS), pig (PIMS), cow (COMS) manure compost with sawdust added, were prepared for this study. These composts have different composition of crude carbohydrate (hemicellulose, cellulose, and lignin). The buried-bag method was used to determine the rate of organic mater decomposition and the changes of crude carbohydrate content during 36 months in the field. In all treatment, hemicellulose content was sharply decreased within 8 months, but considerable amount of lignin was remained after 36 months. After 40 months, the rates of carbon decreasing were 81, 80, 72, 69, 67, and 64 % for CHM, PIM, COM, CHMS, PIMS, and COMS, respectively. The estimated equation of carbon decreasing rate (D), $D=aT^b$, was fit to the carbon decreasing rate vs. elapsed time (T) using a non-linear regression procedure. After 40 months, significant difference of carbon decreasing rate between observed and estimated was not found. The relationship between constant a, b and hemicellulose content in the compost was not observed in this experiment. The cellulose and lignin content in the compost were positively correlated to the constant b and negatively correlated to the constant a.

Effects of Phosphate Application Rate on Growth Characters, Forage Yield and Feed Value of Jeju Native Soybean (제주 재래대두의 인산시비량 차이가 생육형질, 수량 및 사료가치에 미치는 영향)

  • 조남기;강영길;송창길;윤상태;조영일;김동현
    • Journal of The Korean Society of Grassland and Forage Science
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    • v.23 no.3
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    • pp.143-150
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    • 2003
  • This study was conducted to determine the response of main growth characters, yield and chemical composition of Jeju native soybean based on the difference between phosphate rates (0, 50, 100, 150, 200, 250kg/ha) from May 11 to September 10 in 2002 in Jeju island. Days to flowering was delayed from 92 days to 97 days as the increasing of phosphate rate. Also plant height grew longer from 109cm to 124cm. The number of branches and leaves, stem diameter, root length and weight of root grew powerful as phosphate rate increased from 0 to 250kg/ha. Fresh forage yield was 26.5MT/ha in the nonphosphate plot and then was 36.9MT/ha as phosphate rate increased to 250kg/ha. And the difference between 200kg/ha and 250kg/ha in phosphate rate was not significant. Dry matter, crude protein and TDN yield increased 6.0∼7.9MT/ha, 0.9∼1.4MT/ha and 3.4∼4.9MT/ha respectively, as the increasing of phosphate rate. Also crude protein, crude fat, NFE and TDN content increased 15.5∼18.3%, 2.2∼3.3%, 42.5∼43.5%, and 56.7∼61.9% respectively. In contrast with this, crude fiber and crude ash decreased 32.1∼28.1% and 7.7∼6.8% respectively. To reach the climax of forage yield was estimated optimum phosphate rate to be 200kg/ha.

Nationwide Mortality Data after Flow-Diverting Stent Implantation in Korea

  • Kim, Tackeun;Kwon, O-Ki;Lee, Heeyoung;Cho, Min Jai;Jeong, Hyun Jean;Ban, Seung Pil
    • Journal of Korean Neurosurgical Society
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    • v.61 no.2
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    • pp.219-223
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    • 2018
  • Objective : To investigate nationwide statistics on flow-diverting stent usage for cerebral aneurysm treatment and related mortality data. Methods : We requested data extraction from the National Health Insurance Service claims database using electronic data interchange codes (J3207064, J3207073). Patient and hospital information as well as death statistics were collected from the database. Results : A total of 169 procedures were performed using flow-diverting stents for cerebral aneurysm treatment from November 2014 to December 2016 in Korea. The majority of primary diagnosis was unruptured intracranial aneurysm. During the study period, nine subjects died, including one patient initially diagnosed with subarachnoid hemorrhage. The crude mortality rate was 5.3%. Five patients died within one month after the procedure; therefore, the estimated periprocedural mortality rate was $3.0{\pm}1.3%$. The mortality rate as of the last day of 2016 was $6.3{\pm}2.1%$. Conclusion : In a 171 person-year follow-up in a Korean series, nine deaths occurred after flow-diverting stent treatment. The crude mortality rate in Korea (5.3%) was higher than that reported in a previous meta-analysis (3.8%).

Comparison of Population Based Cancer Incidence Rates among Circassians, Chechans and Arabs in Jordan (1996-2005)

  • Fathallah, Raja Mohd-Talal;Dajani, Rana
    • Asian Pacific Journal of Cancer Prevention
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    • v.14 no.10
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    • pp.6035-6040
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    • 2013
  • Background: Cancer is a complex disease caused by multiple factors, both genetic and environmental. It is a major health concern worldwide, in the Middle East and in Jordan specifically and the fourth most common killer in the Middle East. Hypothesis: The relative genetic homogeneity of the Circassian and Chechan populations in Jordan results in incidences of cancer that differ from the general Jordanian population, who are mostly Arabs. Materials and Methods: National Cancer Registry data were obtained for the years 1996-2005 The Chechen and Circassian cancer cases were identified and cancer registry data were divided into three populations. Crude rates were calculated based on the number of cancer cases and estimated populations. Results: Breast cancer is the most common cancer type constituting about one third of female cancers in all three populations. Higher crude rates are observed in the Circassian and Chechen populations than in the Arab Jordanian population. The rate ratios (95%CI) in Circassians and Chechens with respect to the Arab Jordanian population are 2.1 (1.48, 2.72) and 1.81 (1.16, 2.85), respectively. Lung cancer is the most common cancer in male Arab Jordanians and Chechens with crude rates of 4.2 and 8.0 per 100,000 respectively. The male to female ratio in these two populations in respective order are 5:1 and 7:1. The lung cancer crude rate in Circassians is 6.5 per 100,000 with a male to female ratio of only 1.6:1. The colorectal cancer crude rates in Arab Jordanians and Chechens are similar at 6.2 and 6.0 per 100,000, respectively, while that in Circassians is twice as high. Conclusions: Considerable ethnic variation exists for cancer incidence rates in Jordan. The included inbred and selected populations offer an ideal situation for investigating genetic factors involved in various cancer types.

Time Trends of Ovarian Cancer Incidence in China

  • Wang, Bing;Liu, Shu-Zheng;Zheng, Rong-Shou;Zhang, Fang;Chen, Wan-Qing;Sun, Xi-Bin
    • Asian Pacific Journal of Cancer Prevention
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    • v.15 no.1
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    • pp.191-193
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    • 2014
  • The aim of this study was to examine the trend of ovary cancer incidence from 1999 to 2010 in China and predict the burden up to 2020. Crude incidence, age specific incidence and age-adjusted incidence rates were calculated. Joinpoint regression was performed to obtain estimated annual percentages and Bayesian age-period-cohort modeling was used to predict the incidence rate until the year 2020. In China, the crude rate of ovary cancer was 7.91/100,000 and the age-adjusted rate was 5.35/100,000 overall during period 1999-2010. The rates in urban regions were higher than in rural regions. A significant rising trend during 1999-2006 was followed by a drop during 2006-2010 in age-adjusted rates for urban females. In contrast, constant rise was observed in rural women. The decrease in ovary cancer of urban areas tended to be restricted to women aged 50 years and younger. In contrast, increases of ovary cancer in rural areas appeared in virtually all age groups. Although the age-adjusted incidence rate for ovary cancer was predicted to be reduced after year 2011, the crude rate was likely to be relative stable up to 2020. The burden of ovary cancer in China will continue to be relative stable due to the aging population.

Effects of Seeding Rate on Growth Characters, Yield Potential and Feeding Value in Jeiu Italian Millet (제주조의 파종량 차이에 따른 생육반응, 수량성 및 사료가치 변화)

  • Cho, Nam-Ki;Ko, Dong-Hwan
    • Journal of The Korean Society of Grassland and Forage Science
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    • v.23 no.4
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    • pp.271-276
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    • 2003
  • A Jeju local variety of Italian millet (Setaria italica Beauvois) was grown at five seeding rates (6, 9, 12, 15 and 15 kg/ha) from May 1 to August 25, 2003 at Jeju to determine influence of seeding rate on agronomic characters, forage yield and quality. Days to flowering increased from 89 to 96 days as seeding rate increased from 6 to 18 kg/ha. The plant height increased from 128 to 148cm as seeding rate was increased from 6 to 12 kg/ha and then decreased to 131cm at a rate of 18 kg/ha. With increasing seeding rate, stem diameter, number of leaves, number of nodes, leaf width and weight per plant decreased but leaf length had the same trend with plant height. As seeding rate increased from 6 to 12 kg/ha, fresh furage, dry matter, crude protein, and total digestible nutrients (TDN) yield increased from 35.93 to 54.83 MT/ha, 10.49 to 17.43 MT/ha, 0.94 to 1.79 MT/ha and 5.33 to 9.27 MT/ha, respectively, and then decreased with further increased seeding rates. Crude protein, either extract, nitrogen free extract, and TDN content increased 9.0 to 12.01%, 1.3 to 1.8%, 45.6 to 47.8% and 50.8 to 55.0%, respectively, but crude fiber content decreased 35.2 to 30.0% and crude ash declined 5.8 to 8.4% as seeding rate increased from f to 18 kg/ha. The optimum seeding rate to obtain the highest forage yield was estimated to be 12 kg/ha.

Digestibility and fermentation rate or Alfalfa , Orchar grass with different cutting times (예취시기에 따른 Alfalfa , Orchar grass고정물의 소화율 , 발효율 및 발산속도 측정)

  • 윤재인
    • Journal of The Korean Society of Grassland and Forage Science
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    • v.5 no.1
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    • pp.84-89
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    • 1985
  • Chemical composition, dry matter and cellulose digestibilities and fermentation rates of alfalfa and orchard grass cut at different time were estimated in vitro method and the results summurized as follows: 1. Crude protein, crude fiber cwc and cellulose content of Alfalfa were decreassed as advancing cutting time. Crude protein, crude fiber and cwc content of Orchard grass were decreased as advancing cutting time up to 3 cutting, but crude protein was slightly increased at 4th cutting, crude fiber and cellulose content were higher at 2nd cutting, but decreased thereafter. 2. DM digestibility of Alfalfa was 51.80, 51.86, 52.92 and 59.52% at 1, 2, 3 and 4th cutting time, respectibly, thus slightly increased as advancing cutting time, and cellulose digestibility of Alfalfa was not much different with different cutting time. DM digestibility of Orchard grass was 62.21, 66.10, 60.95 and 66.32% at 1, 2, 3 and 4th cutting time, respectibly, and cellulose digestibility of Orchard grass was slightly increased at 3rd cutting time and then increased at 4th cutting time. 3. Fermentation rate of DM of alfalfa was the highest 1st cutting time (0.83%/hr.) and was not different at 3 and 4th cutting time. Cellulose fermentation rate of Alfalfa was the highest at 1st cutting time (1.29%/hr.), decreased at 2 and 3th and then increased at 4th cutting time. Fermentation rate of DM of Orchard grass was 1.42, 1.58, 1.60 and 1.57%/hr. and of cellulose was the highest at 2nd cutting time (1.77%/hr.)

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Evaluating the Economic Damages to Anglers of the Marine Recreational Charter due to the Herbei Spirit Vessel Oil Spill (허베이 스피리트호의 기름유출에 따른 바다유어낚시어선 이용객의 경제적 손실평가연구)

  • Pyo, Heedong
    • Ocean and Polar Research
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    • v.36 no.3
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    • pp.289-302
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    • 2014
  • This paper aims to evaluate the indirect economic damages to anglers of the marine recreational charter caused by marine pollution associated with the Herbei Spirit vessel, which spilled 12,547 kl of crude oil in Taean coastal areas in December 2007. In order to evaluate the indirect cost to anglers of the charter fishing, consumer surplus for charter fishing is estimated using a Poisson model (PM), a negative binomial model (NBM), a truncated Poisson model (TPM), and a truncated negative binomial model (TNBM), which account for the characteristics of count data (non-negative discrete data), for individual travel cost method (ITCM). Because of over-dispersion problem in PM and TPM, NBM and TNBM are considered to be more appropriate statistically. All parameters such as income, fishing careers, travel cost and catch that are estimated are statistically significant and theoretically valid. Based on TNBM results, consumer surplus per trip and per person was estimated to be 277 thousand won, total consumer surplus per person and per year about 2.3 million won, and the marginal effect of consumer surplus on % changes in catch rate is about 33 thousand won. The consumer surplus was converted into total indirect economic damages for aggregation which are evaluated to be 125 billion won, reflecting the number of anglers and damage rate.