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Analysis on Real Discount Rate for Prediction Accuracy Improvement of Economic Investment Effect (경제적 투자효과의 예측 정확도 향상을 위한 실질할인율 분석)

  • Lee, Chijoo;Lee, Eul-Bum
    • Korean Journal of Construction Engineering and Management
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    • v.16 no.1
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    • pp.101-109
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    • 2015
  • The expected economic effect by investment was divided by square of real discount rate annually for change to present value. Thus, the impact of real discount rate on economic analysis is larger than other factors. The existing general method for prediction of real discount rate is application of average data during past certain period. This study proposed prediction method of real discount rate for accuracy improvement. First, the economic variables which impact on interest rate of business loan and consumer price of real discount rate were determined. The variables which impact on interest rate of business loan were selected to call rate and exchange rate. The variable which impact on consumer price index was selected to producer price index. Next, the effect relation was analyzed between real discount rate and selected variables. The significant effect relation were analyzed to exit. Lastly, the real discount rate was predicted from 2008 to 2010 based on related economic variables. The accuracy of prediction result was compared with actual data and average data. The real discount rate based on actual data, predicted data, and average data were analyzed to -1.58%, -0.22%, and 6.06%, respectively. Though the proposed method in this study was not considered special condition such as financial crisis, the prediction accuracy was much higher than result based on average data.

Microstructure and Magnetic Properties of Zn1-xCoxO Thin Films Grown by Sol-Gel Process (Sol-Gel 법으로 제작한 Zn1-xCoxO 박박의 미세조직 및 자기적 특성)

  • Ko, Yoon-Duk;Tai, Weon-Pil;Kim, Eung-Kwon;Kim, Ki-Chul;Choi, Choon-Gi;Kim, Jong-Min;Song, Joon-Tae;Park, Tae-Seok;Suh, Su-Jeung;Kim, Young-Sung
    • Journal of the Korean Ceramic Society
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    • v.42 no.7 s.278
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    • pp.475-482
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    • 2005
  • Zn$_{l-x}$Co$_{x}$O (x = 0.05 - 0.20) films were grown on Coming 7059 glass by sol-gel process. A homogeneous and stable Zn$_{l-x}$Co$_{x}$O sol was prepared by dissolving zinc acetate dihydrate (Zn(CH$_{3}$COO)$_{2}$$\cdot$2H$_{2}$O), cobalt acetate tetrahydrate ((CH$_{3}$)$_{2}$$\cdot$CHOH) and aluminium chloride hexahydrate (AlCl$_{3}$ $\cdot$ 6H$_{2}$O) as solute in solution of isopropanol ((CH$_{3}$)$_{2}$$\cdot$CHOH) and monoethanolamine (MEA:H$_{2}$NCH$_{2}$CH$_{2}$OH). The films grown by spin coating method were postheated in air at 650°C for 1 h and annealed in the condition of vacuum (5 $\times$ 10$^{-6}$ Torr) at 300$^{\circ}C$ for 30 min and investigated the nature of c-axis preferred orientation and physical properties with different Co concentrations. Znl_xCOxO thin films with different Co concentrations were well oriented along the c-axis, but especially a highly c-axis oriented Zn$_{l-x}$Co$_{x}$O thin film was grown at 10 at$\%$ Co concentration. The transmittance spectra showed that Zn$_{l-x}$Co$_{x}$O thin films occur typical d-d transitions and sp-d exchange interaction became activated with increasing Co concentration. The electrical resistivity of the films at 10 at$\%$ Co had the lowest value due to the highest c-axis orientation. X-ray photoelectron spectroscopy and alternating gradient magnetometer analyses indicated that no Co metal cluster was formed, and the ferromagnetic properties appeared, respectively. The characteristics of the electrical resistivity and room temperature ferromagnetism of Zn$_{l-x}$Co$_{x}$O thin films suggested the possibility for the application to dilute magnetic semiconductors.

Analysis of Physical and Chemical Properties of Perlite Substrate (펄라이트 배지의 물리성과 화학성 분석)

  • 조영렬;손정익
    • Journal of Bio-Environment Control
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    • v.9 no.1
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    • pp.20-26
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    • 2000
  • This study aims at analyzing physical and chemical properties of perlite substrate. Particles of substrate were divided into five categories In size: gravel, very-coarse, coarse, medium and fine grade. Particles of very-coarse and greater grades in perlite substrate occupied 98.5% of total particles. The air phase of total particles was distributed between 76.8% and 87.7% with especially showing that of very-coarse grade was lower than that of coarse or smaller one. However, the liquid and solid phases were vice versa. The cation exchange capacity (CEC) measured was highest in the fine grade. In drainage experiments, the water being drained from the substrate increased with the ratio of drain area, and the 65~70% of total water reduced within five minutes after irrigation. The drained volume was proportional to the depth of the substrate, which contained about 2mL.cm$^2$:by depth (cm). Due to quick reduction of the water in the substrate, the pF value increased in four minutes after irrigation and showed the highest negative correlation ($R^2$=0.997) with the moisture content of the substrate. The physical and chemical properties including drainage characteristics analyzed in this study can be, therefore, utilized to control the moisture content of perlite substrate, efficiently.

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The Effects of Corporate Governance on Asymmetrical Behavior of costs (기업 지배구조가 비대칭적 원가행태에 미치는 영향)

  • Shin, Sung-Wook
    • Management & Information Systems Review
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    • v.34 no.2
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    • pp.193-206
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    • 2015
  • The purposes of this paper are to investigate the impact of managers' agency problem on asymmetrical behavior of SG&C and to examines whether or not the corporate governance mechanisms can have any moderating effects on Asymmetrical behavior of SG&C. To test empirically the above mentioned purposes, we gathered firm-year data of manufacturing firms from 2007 to 2012 and the sample firms are listed on the Korean Stock Exchange. The findings of this research are summarized as follows: Firstly, for those firms whose agency problems are high, the stickiness of SG&A increases as sales variation. The results imply that managers are not willing to reduce their perquisite consumption in proportion with sales reduction. Secondly, we investigate how corporate governance mechanisms influence the cost stickiness behaviors of SG&A for those firms whose agency problem are high(above the median value of free cash flow used as a proxy of agency problem). The results are that as the effectiveness of corporate governance mechanisms improve the cost stickiness of SG&A mitigation except for the insider ownership. These results show that agency problem has impact on the asymmetrical behavior of SG&A. And effective governance mechanisms have moderate effects on the reducing stickiness behavior of SG&A caused by agency problem.

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Environmental Geochemistry of Radon at the Taejon City Area in Korea (대전시(大田市) 지역(地域) 라돈 환경(環境) 지화학(地化學) 연구(硏究))

  • Hong, Young-Kook
    • Economic and Environmental Geology
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    • v.30 no.1
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    • pp.51-60
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    • 1997
  • The high radon (Rn222) potentials of soil, groundwater, hotspring and indoor environments in the Taejon city area were delineated by use of an EDA RDA-200 radon detector. The U and Th contents were also analysed using a Multi Channel Analyzer to illustrate the sources of the radon potentials. The average U concentrations in Taejon vary according to the type of granites such as $4.14{\pm}2.36ppm$ in schistose granite (SG), $3.13{\pm}1.70ppm$ in biotite granite (BG) and $3.01{\pm}1.95ppm$ in two mica granite (TG). The U contents in the granites are closely related with the amounts of uraniferous minerals. However, the U contents in the soil are found to be $5.05{\pm}4.75ppm$ in TG, $4.07{\pm}1.69ppm$ in BG and $3.87{\pm}1.91ppm$ in SG which are mainly explained by the different cation exchange capacities (CEC) of the soils from various granites. The levels of soil radon are $552{\pm}656pCi/l$ in SG, in which levels at two locations exceed the level of 1,350 pCi/l established as guideline for follow-up action by the U.S. Environmental Protection Agency (EPA), $443{\pm}284pCi/l$ in TG and $224{\pm}115pCi/l$ in the BG. The soil radon concentrations are found to be proportional to the U content and hardness of the soils. The groundwater radon concentrations in the domestic wells of - 30~-100 m depth show that $6,907{\pm}4,665pCi/l$ in TG, $5,503{\pm}6,551pCi/l$ in SG and $2,104{\pm}1,157pCi/l$ in BG which are positively related with U contents in soils. The radon levels of six groundwater wells in TG and two in SG are greater than guideline for drinking water level, 10,000 pCi/l by EPA (1986). Average radon contents of hotsprings and public bathes in the TG area are $7,071{\pm}1,942pCi/l$ and $1,638{\pm}709pCi/l$, respectively, which are below the EPA standard for remedial action value of the 10,000 pCi/l. The mean indoor radon concentrations of the TG and SG areas are $1.60{\pm}1.20pCi/l$ and $1.60{\pm}0.70pCi/l$, respectively. The elevated indoor radon levels of 5.6 pCi/l and 6.7 pCi/l are found to be particularly in TG area, which exceeds 4 pCi/i guideline, correlating positively with the U contents in the soil and radon concentration in the groundwater.

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Seasonal Monitoring of Residual Veterinary Antibiotics in Agricultural Soil, Surface Water and Sediment Adjacent to a Poultry Manure Composting Facility (계분 퇴비화 시설 인근 농경지 토양, 지표수 및 저질토의 계절별 잔류 항생물질 모니터링)

  • Lee, Sang-Soo;Kim, Sung-Chul;Kim, Kwon-Rae;Kwon, Oh-Kyung;Yang, Jae-E.;Ok, Yong-Sik
    • Korean Journal of Environmental Agriculture
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    • v.29 no.3
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    • pp.273-281
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    • 2010
  • Concentration of antibiotics including a tetracycline group (TCs) of tetracycline (TC), chlortetracycline (CTC), and oxytetracycline (OTC), a sulfonamide group (SAs) of sulfamethoxazole (SMX), sulfathiazole (STZ), and sulfamethazine (SMT), an ionophore group (IPs) of lasalocid (LSL), monensin (MNS), and salinomycin (SLM), and a macrolide group (MLs) of tylosin (TYL) was determined from samples collected from the agricultural soil, stream water, and sediment. For the agricultural soil samples, the concentration of TCs had the highest value among all tested antibiotic's groups due to its high accumulation rate on the surface soils. The lower concentrations of SAs in the agricultural soils may be resulted from its lower usage and lower distribution coefficient (Kd) compared to TCs. The concentration of TCs in stream water was significantly increased through June to September. It would be likely due to soil loss during an intensive rainfall event and a reduction of water level after the monsoon season. A significant amount of TCs in the sediment was also detected due to its accumulation from runoff, which occurred by complexation of divalent cations, ion exchange, and hydrogen bonding among humic acid molecules. To ensure environmental or human safety, continuous monitoring of antibiotics residues in surrounding ecosystems and systematic approach to the occurrence mechanism of antibiotic resistant bacteria are required.

The Study on the Perception of the 10th to 20th Generation on the South and North Korea Relations (남·북 관계에 대한 1020세대들의 이야기)

  • Jeong, Gyeong ju;Cheong, Moon Joo;Kim, Hyun-Soo;Seo, Mi Sook
    • The Journal of the Korea Contents Association
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    • v.20 no.2
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    • pp.547-560
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    • 2020
  • The study tries to explore the ideas of the 10-20 generations to find improvements in the education policy for future South and North Korea relationship and provide implications on the current unification education and the South and North Korea relationship. Furthermore, through the ideas of the 10th and 20th generations, the goal was to draw in-depth discussions on how to view relations with North Korea for the future development of the South Korea. Afterwards, a total of 14 people(6 teenagers and 8 20s) were selected through a snowballing, and a total of 14 people from each group participated in three focus group interviews. The results were as follows. First, the participants in this study on South and North Korea relation reported three perspectives: the 'nationalist view', the 'pragmatic view' and the 'ideological and systemic view'. Second, There were both negative and positive about North-South relationship. But positive emotions and attitudes were mainly influenced by the media, and negative those were influenced by repetitive and compulsory education. Unlike passive interviews in the first session, during the course of the interview the study participants expressed their opinions and talked about the future of the South and North Korea relations. It is the value of the study, and provides future generations with a sense of what education is necessary in designing the future of Korea, interacting with South and North Korea relation.

The effect of mixture ratios of worm cast and soil on the growth of Orchardgrass seedlings (지렁이 분립(糞粒)과 토양의 혼합비율이 Orchardgrass 유식물체(幼植物體)의 생육에 미치는 영향)

  • Lee, J.S.;Yoo, E.H.
    • Journal of the Korea Organic Resources Recycling Association
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    • v.1 no.2
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    • pp.267-274
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    • 1993
  • This experiment was carried out to determine the effect of mixture ratios of worm cast and soil on the growth orchardgrass seedlings, and estimate the adequate mixture ratio of worm cast for plant growth media. Mixture ratios of worm cast and soil were 100:0, 80:20, 60:40, 40:60, 20:80 and 0:100, respectively. The results were summarized as follows; 1. The value of dry weight of shoot(SW), dry weight of root(RW), number of tillers per plant(NT) and biological yield(BY) were the highest in the mixture with 60% of worm cast. Particularly, the dry weight distribution to root in 20%-60% mixture ratios of worm cast were higher than those grown in 80%-100% mixture ratios of worm cast, it may due to the enhancement of root growth by adquate worm cast mix. 2. The orchardgrass seedlings in the 60% mixture ratio of worm cast grown in favourable soil conditions compared to those grown in other mixtrure ratios of worm cast and soil without worm cast. The soil analysis data showed that 60% mixture ratio of worm cast contained pH 6.16, 13.84% of organic matter, 0.84% of total nitrogen, 1,413.9ppm of available phosphorus and 16.7me/100g of cation exchange capacity, respectively. 3. Biological yield(BY) indicated positive significant correlation with the dry weights of shoot(SW) and root(RW). And, the dry weight of shoot(SW) had positive correlation with the number of tiller per plant(NT) and dry weight of tiller(WT).

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Purification and Characterization of Degradative Enzyme of Dental Plaque from Streptomyces sp. Y9343 (Streptomyces sp. Y9343이 生産하는 齒面細菌膜 分解酵素의 精製와 特性)

  • Kim, Seong-Joo;Han, Hong-Keun;Yoon, Jeong-Weon
    • Microbiology and Biotechnology Letters
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    • v.24 no.1
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    • pp.9-18
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    • 1996
  • Streptococcus mutans has been implicated as primary causative agents of dental caries by insoluble glucan (IG) in human and experimental animals. An attempt was made to search for the ${\alpha}$-1,3 glucanase that degrades IG produced by S. mutans. ${\alpha}$-1,3 glucanase was detected in the culture supernatant of microorganisms, which are isolated from soils on agar medium containing IG as a sole carbon source. This Streptomyces sp. hydrolysed IG produced by immobilized S. mutans and was named as Y9373. This enzyme required ${\alpha}$-1,3 glucan (IG) as an inducer. The optimum conditions for enzyme production were studied. The enzyme was purified by 30~70% $(NH_4)_2SO_4$ precipitation, anion exchange chroma tography on DEAE-cellulose and gel filtration on Sepadex G-75. The purified enzyme has a specific activity of 7840.0 U/mg protein giving 32.1-fold purification and final yield of 0.53%. The molecular weight was estimated to be about 22.5 kDa by SDS-PAGE. The optimum pH and temperature for enzyme reaction were 6.5 and 37$^{\circ}C$, respectively and the enzyme was relatively stable at the temperature below 60$^{\circ}C$. The activity of purified enzyme was enhanced by adding $Co^{2+},\;Mn^{2+}\;and\;Mg^{2+}$ into the medium, whereas inhibited by adding $Hg^{2+},\;Zn^{2+}$ and SDS. The $K_m\;and\;V_{max}$ value of ${\alpha}$-1,3 glucanase for IG were estimated to be 2.50 mM and 0.0431 mM/min, respectively. The thin layer chromatographic analysis of hydrolysates from IG with ${\alpha}$-1,3 glucanase showed that glucose was the main product of reaction. This enzyme activity was about 14 times higher than marketing dextranase as preventive agent against artificial dental caries by S. mutans in TH medium including 5% sucrose after 30 minutes.

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A Study on the Culture and Clothing Behavior of Chunghahk Village (청학동의 문화와 의복행동에 관한 연구)

  • 이경화;한명숙
    • The Research Journal of the Costume Culture
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    • v.9 no.1
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    • pp.61-72
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    • 2001
  • Chunghahk-dong is located in a retired spot, Jiri Mountain and has been built up its won religion and culture without any exchange outside world. People in Chunghahk-dong believe in a religion called Genjungyutaosim. Forming a trinity on which mind is Taoism, body is Buddhism, and behavior is confucianism. These are the principle elements to form a village. They made their own unique cultural factor such as longhaired boys and girls, wearing traditional cloths and hat, a monastic life, folk mores and family rituals, and private school system. This shows a great deal of affection on their life style and organization and is closely connected with community and culture. Grasping a culture and behavior on clothing, it has propose to understand Chunghahk-dong properly according to this study. A method of study has a purpose to understand culture and clothing behavior precisely in Chunghahk-dong. I inquire ito clothing behavior with investigation and study of picture script. The results are as followed; People in Chunghahk-dong show unique clothing and hair style behavior based on Genjungyutao. First, men and women wear a white cloth called HanBok(Korean costume) and footwear made of rubber. Only men wear a blue vest. A grown up men wear a long coat when they go out. They are dressed in tractional cloth for a ceremonial occasion. The reason why they put on the HanBok(Korean costume) is a belief on our traditional cloth becomes a standard dress in the future. They believe Korea becomes a standard dress in the future. They believe Korea becomes a standard dress in the future. They believe Korea become a leading country in the world. This clothing behavior is symbol of Genjungyutao and has a role of delivery system for expressing their split. Second, In sign of being a Genjungyutao men, they let their grow hair. Cutting hair is not to be a Genjungyutao men any more. There is few reason that people in Chunghahk-dong let grow their hair : First, because of importance in TanGun's ideology, they believe Korea is a first nation in the world and can't cut their hair which has grown from TanGun (The founding father of the Koran nation) Chosun traditionally. Second, Cutting their hair runs counter to the principle of nature. Third, They value their body for confucianism. They don't want to damage their body because of body from their parents. Boys and girls braid and tie up their hair and adult tie a topknot and a chignon. Wearing a YouGun(A horsehair skullcap) at home and Kat(A Korean top hat) when going out, they express as a Genjungyutao. Hemp cloth and synthetic fibers are main clothes. Also, they wear an improved HanBok(Korean costume) these days on influence outside.

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