• Title/Summary/Keyword: Generalized least squares estimation

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Improved time delay estimation by adaptive eigenvector decomposition for two noisy acoustic sensors (잡음이 있는 두 음향 센서를 이용한 시간 지연 추정을 위한 향상된 적응 고유벡터 추정 기반 알고리즘)

  • Lim, Jun-Seok
    • The Journal of the Acoustical Society of Korea
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    • v.37 no.6
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    • pp.499-505
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    • 2018
  • Time delay estimation between two acoustic sensors is widely used in room acoustics and sonar for target position estimation, tracking and synchronization. A cross-correlation based method is representative for the time delay estimation. However, this method does not have enough consideration for the noise added to the receiving acoustic sensors. This paper proposes a new time delay estimation method considering the added noise on the receiver acoustic sensors. From comparing with the existing GCC (Generalized Cross Correlation) method, and adaptive eigen decomposition method, we show that the proposed method outperforms other methods for a colored signal source in the white Gaussian noise condition.

A Study on the Comparision of One-Dimensional Scattering Extraction Algorithms for Radar Target Identification (레이더 표적 구분을 위한 1차원 산란점 추출 기법 알고리즘들의 성능에 관한 비교 연구)

  • Jung, Ho-Ryung;Seo, Dong-Kyu;Kim, Kyung-Tae;Kim, Hyo-Tae
    • Proceedings of the Korea Electromagnetic Engineering Society Conference
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    • 2003.11a
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    • pp.193-197
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    • 2003
  • Radar target identification can be achieved by using various radar signatures, such as one-dimensional(1-D) range profile, 2-D radar images, and 1-D or 2-D scattering centers on a target. In this letter, five 1-D scattering center extraction methods are discussed - TLS(Total Least Square)-Prony, Fast Root-MUSIC (Multiple Signal Classification), Matrix-Pencil, GEESE(GEneralized Eigenvalues utilizing Signal-subspace Eigenvalues), TLS-ESPRIT(Total Least Squares - Estimation of Signal Parameters via Rotational Invariance Technique), These methods are compared in the context of estimation accuracy as well as a computational efficiency using a noisy data. Finally these methods are applied to the target classification experiment with the measured data in the POSTECH compact range facility.

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A study on semi-supervised kernel ridge regression estimation (준지도 커널능형회귀모형에 관한 연구)

  • Seok, Kyungha
    • Journal of the Korean Data and Information Science Society
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    • v.24 no.2
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    • pp.341-353
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    • 2013
  • In many practical machine learning and data mining applications, unlabeled data are inexpensive and easy to obtain. Semi-supervised learning try to use such data to improve prediction performance. In this paper, a semi-supervised regression method, semi-supervised kernel ridge regression estimation, is proposed on the basis of kernel ridge regression model. The proposed method does not require a pilot estimation of the label of the unlabeled data. This means that the proposed method has good advantages including less number of parameters, easy computing and good generalization ability. Experiments show that the proposed method can effectively utilize unlabeled data to improve regression estimation.

L-Estimation for the Parameter of the AR(l) Model (AR(1) 모형의 모수에 대한 L-추정법)

  • Han Sang Moon;Jung Byoung Cheal
    • The Korean Journal of Applied Statistics
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    • v.18 no.1
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    • pp.43-56
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    • 2005
  • In this study, a robust estimation method for the first-order autocorrelation coefficient in the time series model following AR(l) process with additive outlier(AO) is investigated. We propose the L-type trimmed least squares estimation method using the preliminary estimator (PE) suggested by Rupport and Carroll (1980) in multiple regression model. In addition, using Mallows' weight function in order to down-weight the outlier of X-axis, the bounded-influence PE (BIPE) estimator is obtained and the mean squared error (MSE) performance of various estimators for autocorrelation coefficient are compared using Monte Carlo experiments. From the results of Monte-Carlo study, the efficiency of BIPE(LAD) estimator using the generalized-LAD to preliminary estimator performs well relative to other estimators.

The Role of FDI in Economic Development in Vietnam + 5 Nations: Empirical Evidence between 1986-2020

  • Long Ma, LE
    • The Journal of Asian Finance, Economics and Business
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    • v.10 no.2
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    • pp.203-212
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    • 2023
  • This research work aims to investigate the role of FDI in Economic Development by assessing its relationship with GDP per capita in Vietnam +5 from 1986-2020. Through descriptive statistical, correlation matrix analysis, and econometric models, including Vector Error Correction Model (VECM) and Feasible Generalized Least Squares (FGLS) estimation methods using Stata 15.1. The VECM estimation method results show that FDI positively impacts Economic Development in the short run while not finding a long-run relationship. In addition, it is found that a clear relationship between Exports and Economic Development in both the short run and the long run. Meanwhile, CO2 emissions and Employment Opportunities have no clear relationship with Economic Development in the short run. However, the relationship is reversed in the long run, as the empirical study in Vietnam. The results of the FGLS estimation method show that FDI, CO2 emissions, and Exports have a significant and positive impact on Economic Development in five selected Southeast Asian countries without Employment Opportunities in the long run. From these findings, the author proposes some policy implications of attaching FDI to sustainable Economic Development in Vietnam next time.

Implementation of Speed-Sensorless Induction Motor Drives with RLS Algorithm (RLS 알로리즘을 이용한 유도전동기의 속도 센서리스 운전)

  • 김윤호;국윤상
    • Proceedings of the KIPE Conference
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    • 1998.07a
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    • pp.384-387
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    • 1998
  • This paper presents a newly developed speed sensorless drive using RLS(Recursive Least Squares) based on Neural Network Training Algorithm. The proposed algorithm based on the RLS has just the time-varying learning rate, while the well-known back-propagation (or generalized delta rule) algorithm based on gradient descent has a constant learning rate. The number of iterations required by the new algorithm to converge is less than that of the back-propagation algorithm. The RLS based on NN is used to adjust the motor speed so that the neural model output follows the desired trajectory. This mechanism forces the estimated speed to follow precisely the actual motor speed. In this paper, a flux estimation strategy using filter concept is discussed. The theoretical analysis and experimental results to verify the effectiveness of the proposed analysis and the proposed control strategy are described.

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Environmental footprint impacts of nuclear energy consumption: The role of environmental technology and globalization in ten largest ecological footprint countries

  • Sadiq, Muhammad;Wen, Fenghua;Dagestani, Abd Alwahed
    • Nuclear Engineering and Technology
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    • v.54 no.10
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    • pp.3672-3681
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    • 2022
  • This study investigates the environmental footprint impacts of nuclear energy consumption in the presence of environmental technology and globalization of the ten largest ecological footprint countries from 1990 up to 2017. By considering a set of methods that can help solve the issue of cross-sectional dependence, we employ the Lagrange multiplier bootstrap cointegration method, Driscoll-Kraay standard errors for long-run estimation and feasible generalized least squares (FGLS) and panel-corrected standard errors (PCSE) for robustness. The finding revealed significant negative effects of nuclear energy consumption, environmental-related technology, population density and significant positive effects of globalization and economic growth on ecological footprint. These results are also robust by assessing the long-run impacts of predictors on carbon footprint and CO2 emissions as alternate ecological measures. These conclusions provide the profound significance of nuclear energy consumption for environmentally sustainable development in the top ten ecological footprint countries and serve as an important reference for ecological security for other countries globally.

FDI Spillover Effects on the Productivity of the Indian Pharmaceutical Industry: Panel Data Evidence

  • DESAI, Guruprasad;SRINIVASAN, Palamalai;GOWDA, Anil B
    • The Journal of Asian Finance, Economics and Business
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    • v.9 no.8
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    • pp.109-121
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    • 2022
  • The study empirically examines the horizontal spillover effects of foreign direct investment (FDI) on the productivity of Indian pharmaceutical firms. Robust least squares and the Generalized Method of Moments estimators are applied for the firm-level panel data of Indian pharmaceutical companies whose shares were traded on the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE). The information was collected from the Centre for Monitoring Indian Economy (CMIE) Prowess database from 2015 to 2019. Based on the regularity in data availability, the sample firms are limited to 112 companies, 100 of which are domestic firms and 12 international firms. Firms with more than 10 percent foreign equity are classified as FDI firms, while those with less than that are classified as domestic firms. Estimation results show that foreign ownership does not contribute to the productivity of domestic firms. Due to increased competition, the Indian pharmaceutical companies with foreign equity participation are not more productive than local ones. Moreover, the findings reveal a negative and insignificant horizontal spillover effect from FDI on the productivity of domestic enterprises. The absence of horizontal spillovers may be attributable to foreign enterprises' ability to prevent technological outflow to competitors in the same industry.

Simultaneous Equation Estimation in Finance and Corporate Financial Decision: Empirical Evidence from Pakistan Stock Exchange

  • AHMED, Wahab;KHAN, Hadi Hassan;RAUF, Abdul;ULHAQ, SM Nabeel;BANO, Safia;SARWAR, Bilal;HUDA, Shams ul;KHAN, Mirwaise;WALI, Ahmed;DURRANI, Maryam Najeeb
    • The Journal of Asian Finance, Economics and Business
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    • v.8 no.3
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    • pp.11-21
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    • 2021
  • In the last few years, there is growing interest in the field of simultaneous equation estimation in finance due to the endogeneity problem caused by measurement errors, simultaneity, or omitted variables. This study aims to discuss the endogeneity problem in corporate financing decisions and investigate the interrelationship of financial decision-making such as investment decision, dividend decision, and external financing decision in Pakistan Stock Exchange (PSX) using two-stage least squares (2SLS) and generalized method of moment (GMM) estimation. The Bruech-Pagan test shows that the data has no heteroskedasticity issue and 2SLS is a better approach in the context of this study as compared to the GMM approach, and internal instruments are also sufficiently strong and valid. The three financial decision-making attributes are not jointly determined, and the dividend is influenced by one-sided investment. In the emerging stock market context, external financing and investment are not inter-related and did not affect each other. The question of whether the simultaneous equation estimation can be useful in the context of the emerging stock markets and newly-growing firms remains unanswered. The inclusive evidence shows that the theoretical link in the emerging stock market is difficult to prove like in developed stock markets.

What Prompted Shadow Banking in China? Wealth Management Products and Regulatory Arbitrage

  • SHAH, Syed Mehmood Raza;LI, Jianjun;FU, Qiang
    • The Journal of Asian Finance, Economics and Business
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    • v.7 no.12
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    • pp.63-72
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    • 2020
  • Shadow banking in China has been growing rapidly; banks use wealth management products aggressively to evade regulatory constraints. The loan-to-deposit ratio or LDR targets both sides of the balance sheet; loans in terms of asset-side, and deposits in terms of liabilities-side; banks needed to control and maintain both sides. Regulators restricted Chinese banks to maintain a 75% limit for their loan-depositratio. Banks' needed to either lower their loans or increase the deposits; WMPs helped banks to evade this limit. Banks issue more WMPs to control and manage a 75% statutory ceiling LDR. This WMPs-LDR positive association disappeared post-2015 period. This study empirically examined how Chinese banks use WMPs issuance to avoid regulatory constraints. Quarterly panel data for 30 top Chinese banks were used by analyzing pre-2015 (during the 75% LDR limit) and post-2015 (after removal of the LDR limit). This study also performed fixed-effects model as recommended by the Hausman specification test, with feasible generalized least squares FGLS estimation technique. The results of this study show that for the pre-2015 period, Chinese banks use issuance of WMPs aggressively to manage their LDR limit; this WMPs-LDR relationship disappeared post-2015 period. Moreover, SMBs use WMPs more eagerly as compare to Big4 banks.