• 제목/요약/키워드: Exchange value

검색결과 1,033건 처리시간 0.03초

China's Economic Policy Uncertainty Shocks and South Korea's Exports: A TVP-VAR Approach with an SMSS Structure

  • Liu, Lin;Zhang, Manman;Li, Wei
    • Journal of Korea Trade
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    • 제24권4호
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    • pp.1-17
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    • 2020
  • Purpose - Since China has been South Korea's biggest export destination, uncertainty shocks originating from it would influence South Korea's exports. This paper evaluates the effects of China's economic policy uncertainty on Korea's exports to explore the transmission channels. Design/methodology - Incorporating endogeneities and nonlinearities, this study employs a quarterly time-varying parameters vector autoregressive model to investigate the relationships between China's economic policy uncertainty and Korea's exports, where the overparameterization due to time-varying specifications is overcome by a novel stochastic model specification search framework. According to previous theoretical studies, this paper assesses two channels, demand shock channel and exchange rate channel, through which foreign uncertainty affects Korea's exports. This paper identifies the primary drivers of Korea's aggregate exports and analyzes the rationales for the time-variant impacts of China's economic policy uncertainty on Korea's exports to China. Findings - Our empirical results reveal that Korea's aggregate exports are less responsive to China's economic policy uncertainty shocks and significantly move together with global demand. In contrast, its bilateral exports to China are highly responsive in a negative and time-variant way. Moreover, Chinese investment is an important channel through which China's economic policy uncertainty affects Korea's exports to China after 2010. Further, the time-variant effects of China's economic policy uncertainty on Korea's exports to China are related to changes in China's foreign trade policies, global economic conditions, and China's degree of economic freedom. Originality/value - Few previous studies touch the effects of external uncertainty shocks on South Korea's exports. This paper attempts to fill this gap and explicitly investigate the impacts of China's economic policy uncertainty on Korea's exports from a time-varying perspective. As Korea is an export-oriented economy, this study provides insights for the Korean government to understand the transmissions of external uncertainty better.

Analysis of Thermal Characteristics and Insulation Resistance Based on the Installation Year and Accelerated Test by Electrical Socket Outlets

  • Kim, Kyung Chun;Kim, Doo Hyun;Kim, Sung Chul;Kim, Jae Ho
    • Safety and Health at Work
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    • 제11권4호
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    • pp.405-417
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    • 2020
  • Background: Electrical socket outlets are used continuously until a failure occurs because they have no indication of manufacturing date or exchange specifications. For this reason, 659 electrical fires related to electrical socket outlets broke out in the Republic of Korea at 2018 only, an increase year on year. To reduce electrical fires from electrical socket outlets, it is necessary to perform an accelerated test and analyze the thermal, insulation resistance, and material properties of electrical socket outlets by installation years. Methods: Thermal characteristics were investigated by measured the temperature increase of electrical socket outlets classified according to year with variation of the current level. Insulation resistance characteristics was measured according to temperature for an electrical socket outlets by their years of use. Finally, to investigate the thermal and insulation resistance characteristics in relation to outlet aging, this study analyzed electrical socket outlets' conductor surface and content, insulator weight, and thermal deformation temperature. Results: Analysis showed, regarding the thermal characteristics, that electrical socket outlet temperature rose when the current value increased. Moreover, the longer the time that had elapsed since an accelerated test and installation, the higher the electrical socket outlet temperature was. With respect to the insulation resistance properties, the accelerated test (30 years) showed that insulation resistance decreased from 110 ℃. In relation to the installation year (30 years), insulation resistance decreased from 70 ℃, which is as much as 40 ℃ lower than the result found by the accelerated test. Regarding the material properties, the longer the elapsed time since installation, the rougher the surface of conductor contact point was, and cracks increased. Conclusion: The 30-year-old electrical socket outlet exceeded the allowable temperature which is 65 ℃ of the electrical contacts at 10 A, and the insulation resistance began to decrease at 70 ℃. It is necessary to manage electrical socket outlets that have been installed for a long time.

초고속 미세 액적 충돌을 이용한 나노미터 크기 입자상 오염물질의 세정에 대한 CFD 시뮬레이션 (CFD simulation of cleaning nanometer-sized particulate contaminants using high-speed injection of micron droplets)

  • 박진효;김정건;이승욱;이동근
    • 한국입자에어로졸학회지
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    • 제18권4호
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    • pp.129-136
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    • 2022
  • The line width of circuits in semiconductor devices continues to decrease down to a few nanometers. Since nanoparticles attached to the patterned wafer surface may cause malfunction of the devices, it is crucial to remove the contaminant nanoparticles. Physical cleaning that utilizes momentum of liquid for detaching solid nanoparticles has recently been tested in place of the conventional chemical method. Dropwise impaction has been employed to increase the removal efficiency with expectation of more efficient momentum exchange. To date, most of relevant studies have been focused on drop spreading behavior on a horizontal surface in terms of maximum spreading diameters and average spreading velocity of drop. More important is the local liquid velocity at the position of nanoparticle, very near the surface, rather than the vertical average value. In addition, there are very scarce existing studies dealing with microdroplet impaction that may be desirable for minimizing pattern demage of the wafer. In this study, we investigated the local velocity distribution in spreading liquid film under various impaction conditions through the CFD simulation. Combining the numerical results with the particle removal model, we estimated an effective cleaning diameter (ECD), which is a measure of the particle removal capacity of a single drop, and presented the predicted ECD data as a function of droplet's velocity and diameter particularly when the droplets are microns in diameter.

A Stochastic Frontier Analysis of Trade Efficiency for the Sino-Korea Trade

  • Gong, Wen-Chao;Li, Kan-Yong;Wang, Wen-Xia
    • Journal of Korea Trade
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    • 제26권1호
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    • pp.20-32
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    • 2022
  • Purpose - This paper intends to make theoretical analysis and empirical test on the factors influencing China's export to South Korea, and draw conclusions about China's export efficiency and trade potential. Based on the conclusions, the reasons for China's trade deficit with South Korea are found, and a solution is put forward for solving the problem of China's trade deficit with South Korea. Design/methodology - Based on the data of 2004-2017 years in China, this paper uses the stochastic frontier gravity model to analyze the influencing factors of China's export to South Korea, as well as the export efficiency of each province and the export potential that can be explored. Findings - First, in terms of the factors affecting China's export trade to South Korea, the GDP of the provinces and cities in China, the FDI of South Korea to the provinces and cities in China, the GDP of South Korea, the population and education level of provinces and cities in China can significantly promote the export scale of Chinese provinces and cities to South Korea. The distance between Chinese provincial capitals and the South Korean capital significantly hinders Chinese exports to South Korea; Second, in terms of export trade efficiency, the trade exchange rate of the economically developed cities along the eastern coast of China and several provinces that are close to South Korea is higher than that of the cities in the central and western regions; Third, economic globalization makes trade more convenient, the average export trade efficiency of China's exports to South Korea showed an upward trend. However, under the influence of the 2008 global financial crisis, the export trade efficiency declined from 2008 to 2009, indicating that the impact of the financial crisis on the trade efficiency cannot be ignored. Originality/value - This paper finds out the influencing factors of China's export to South Korea, analyzes the export efficiency of different provinces and cities, excavates the export potential, and puts forward some suggestions for the balanced development of China and South Korea trade in the next step.

블록체인을 활용한 국가연구개발사업 연구지원시스템 개선 방안 연구 (A Study on the Improvement of Research Support System for National R&D Projects Using Blockchain)

  • 이동환;박승욱
    • 한국산업정보학회논문지
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    • 제28권2호
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    • pp.47-60
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    • 2023
  • 본 연구는 국가 R&D 관리의 효율성을 개선하여 행정 부담을 최소화하고, 연구자·서비스 중심으로의 투명한 연구환경을 조성하기 위하여, 국가연구개발사업 연구지원시스템에 컨소시엄 블록체인을 데이터베이스로 활용하는 방안을 제시하였다. 구체적으로 데이터를 특성에 따라 분류하여, 첫째, 무결성과 투명성이 요구되는 데이터는 블록체인에 저장하는 방안, 둘째, 기밀성과 수정 및 삭제가 요구되는 데이터는 데이터베이스에 저장하는 방안, 셋째, 기밀성·무결성·투명성이 동시에 요구되는 데이터는 원본은 데이터베이스에 저장하고, 해당 데이터의 해시값은 블록체인에 별도로 저장하는 방안을 제안하였다. 블록체인 연구지원시스템을 활용하면 시스템의 안정적인 운영과 연구관리 전문기관 간 신속한 정보 공유가 가능하여, 행정 업무 부담 완화, 프로세스의 투명성 제고, 정보의 비대칭성 해소, 데이터 무결성·가용성·기밀성 확보 등의 효과를 창출할 수 있다.

Factors Contributing to Recommendation Intention of Foreign Tourists in Times of Crisis: A Moderated Moderation Analysis

  • Ko-Woon Kim;Seung-Gee Hong
    • Journal of Korea Trade
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    • 제27권1호
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    • pp.42-59
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    • 2023
  • Purpose - As a leading source of foreign exchange and investment, tourism has grown in importance as a component of international trade. Accordingly, in recent decades much attention has been directed toward attracting foreign tourists and, in turn, positively affecting the recommendation intentions of foreign tourists. Despite such interests, there remains a dearth of empirical research on this issue. Moreover, prior research has focused primarily on the simple main effect of a certain factor on recommendation intentions. Therefore, the present study aims to (1) investigate the effect of overall satisfaction on the recommendation intentions of foreign tourists, and (2) examine the potential moderating effects of personal factors (i.e., age and destination image) on the association between overall satisfaction and recommendation intention. Design/methodology - Using a moderated moderation analysis of the data drawn from the 2018 International Visitor Survey conducted by the Korea Tourism Organization, this study proposes the three-way interaction effects of overall satisfaction, age, and destination image on recommendation intention. Findings - The findings of the study indicate that overall satisfaction is positively associated with recommendation intention and this relationship becomes stronger among younger tourists. The findings further indicate that the moderating effect of age on the relationship between overall satisfaction and recommendation intention depends on changes in the image of the destination. Specifically, the destination image exerts a positive moderating impact on the influence of age that moderates the overall satisfaction and recommendation intention relationship. Originality/value - Considering that the tourism economy has been severely affected by the current COVID-19 pandemic, this study contributes to a more accurate understanding of the factors affecting the recommendation intention, especially in times of crisis.

과학기술지식인프라 통합서비스 플랫폼 설계 및 평가 (Design and Evaluation of Integrated Service Platform for S&T Knowledge Infrastructure)

  • 정한민;박정훈
    • 한국정보통신학회:학술대회논문집
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    • 한국정보통신학회 2022년도 추계학술대회
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    • pp.577-579
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    • 2022
  • 그동안 행해진 중앙 집중형의 지식 창고(Knowledge Repository)에 분산된 지식을 모으는 방식만으로는 개인의 역량 및 조직의 경쟁력 강화라는 지식 관리의 본질적 목표에 달성하기 어렵다. 지속가능한 지식 생태계를 구축하기 위해서는 독립적인 지식 생산이 아닌 교류와 협력을 통한 지식 생산으로 확대되어야 하며, 이를 통해 유의미하고 고부가가치의 지식 자원을 생산할 수 있어야 한다. 이에 본 연구는 과학기술 지식자원을 저장하고 개방·공유·활용을 통해 지식을 재생산하고 진화시키는 통합서비스 플랫폼을 설계하는 것을 목표로 한다. 설계된 플랫폼은 그 우수성을 평가하기 위해, 계획 수립의 적정성, 플랫폼의 효과성, 플랫폼의 효율성, 로드맵의 적정성 항목들로 분류된 세부 항목들에 대해 평가를 수행하였으며, 상기 4개 평가 항목에 대해 평균 95.56점을 받았다.

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Genetic Diversity of Finger Millet (Eleusine coracana (L.) Gaertn.) Landraces Based on EST-SSR

  • Myung Chul Lee;Yu-Mi Choi;Myoung-Jae Shin;Hyemyeong Yoon;Seong-Hoon Kim
    • 한국자원식물학회:학술대회논문집
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    • 한국자원식물학회 2020년도 춘계학술대회
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    • pp.46-46
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    • 2020
  • Finger millet is more nutritious than other and millets and widely cultivate in tropical regions of the world. Furthermore, it is more tolerant against biotic and abiotic stresses such as pest, drought and salt. For this reason, finger millet is one of the putative crops to introduce and cultivate on reclaimed land and prepare the global climate exchange in Korea. In present study, genetic diversity and structure of different populations of finger millet from Africa and South Asia was examined at molecular level using newly developed EST-Simple Sequence Repeat (EST-SSR) markers. In total, 46 primers produced 292 alleles in a size range of 100-500 bp and mean Polymorphism Information Content (PIC) and Marker Index (MI) were 0.372 and 1.04, respectively. 46 primers showed polymorphism and 21 primers were identified as having a PIC value above 0.5. Principal coordinates analysis and the dendrogram constructed out of combined data of both markers showed grouping of finger millet accessions to their respective area of collection. The 156 accessions were more classified into four groups, such as three groups of Africa collection and one group of Asia. Results of present study can be useful in identifying diverse accessions and management of this plant resource. Moreover, the novel SSR markers developed can be utilized for various genetic analyses in this species in future.

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한국 제조기업의 GVC참여와 거버넌스 유형이 수출성과에 미치는 영향에 관한 실증적 연구 (An Empirical Study on the Effect of GVC Participation and Governance Type on Export Performance in Korean Manufacturing Companies)

  • 최기몽;안태식;문희철
    • 무역학회지
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    • 제48권1호
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    • pp.1-27
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    • 2023
  • 본 연구는 국내 제조기업의 GVC 참여 유형과 거버넌스에 따른 수출성과를 실증분석한 것이다. KOSPI 상장기업의 패널자료를 바탕으로 관계투자, 정보교환, 혁신은 신뢰의 조절역할과 함께 공급망 통합수준과 기업성과에 영향을 미치는 것으로 분석되었다. 또한 공급망 통합 정도가 GSCM의 실적과 수출 실적에 영향을 미치는 것으로 나타났다. GVC 거버넌스 유형의 경우 통합강도가 높을수록 다른 유형에 비해 성과가 높은 것으로 분석되었다. 이러한 결과는 신뢰 기반의 공급망 통합과 지속적인 GVC 투자가 매우 중요함을 보여준다. 이는 높은 통합 강도와 함께 높은 수준의 GVC 거버넌스가 성공적인 GSCM 성과로 이어질 수 있음을 설명한다. GVC 참여기업의 관계역량과 신뢰도에 기반한 혁신적인 투자전략은 글로벌 파트너십 형성 및 통합 정도에 긍정적인 영향을 미칠 수 있다.

꾸지뽕나무 자생지의 생육환경과 식생구조 (Growing Environment and Vegetation Structure of Cudrania tricuspidata Habitats)

  • 주정운;전수경;정성훈;문현식
    • 한국환경과학회지
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    • 제33권7호
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    • pp.477-487
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    • 2024
  • This study aimed to identify the growth environment of Cudrania tricuspidata by analyzing the site environment, soil characteristics, and vegetation structure of the species habitats and to provide basic data for identifying suitable cultivation sites for mass production. The study was conducted on 17 sites in five cities/counties of Gyeongnam and Jeonnam province. It was found that C. tricuspidata habitats were mainly distributed on gentle slopes in the southeast and southwest, with an average altitude of approximately 290 m. The soil of the C. tricuspidata habitats was sandy loam with a high proportion of sand, averaging 73.9%, 4.6%, and 21.5% sand, silt, and clay, respectively. The soil had a pH value of 5.41 (5.20-5.79), organic matter content of 8.2% (3.6-12.6%), total nitrogen content of 0.36% (0.19-0.54%), available phosphorus content of 3.50 ppm (0.95-7.61 ppm), and cation exchange capacity of 15.9 cmol+/kg (10.0-20.7 cmol+/kg) on average. The vegetation structure analysis showed that C. tricuspidata appeared in the tree layers of regions A (Jinju) and E (Yeosu), but the importance of C. tricuspidata was found to be high in the subtree and shrub layers in all regions. The ecological niche breadth was widest (0.874) in region B (Hadong) and narrowest (0.480) in region E (Yeosu).