• Title/Summary/Keyword: Growth time

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Growth of Loan Distribution and Bank Valuation: Evidence from Vietnam

  • HOANG, Lam Xuan;HOANG, Phi Dinh;DANG, Duong Quy
    • Journal of Distribution Science
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    • v.18 no.5
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    • pp.5-13
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    • 2020
  • Purpose: The aim of this article is to test the link between growth of loan distribution and Bank Valuation in Vietnam's banking sector. At the same time, the study also compared the differences in the effect of growth of loan to valuation bank in banks of different sizes, ownership rates and bank values. Research design, data and methodology: With panel data estimation techniques along with robust standard error for a sample of the banks listed on Vietnam stock exchange from 2012 to 2019. Results: Growth of loan has a positive impact on Bank Valuation (by Tobin's Q). A closer investigation provides evidence for the differential valuation effect of loan growth depending on different features of banks. Specifically, loan growth is found positively and significantly associated with Bank Valuation in small and non-state-owned banks only. Besides, bank size, deposit, and return on equity are found negatively associated with Tobin's Q, while loan loss provisions exhibit a positive relation with this measure of Bank Valuation. Conclusions: These findings provide contributions to the literature on the existence of the effect of loan growth on Bank Valuation. At the same time, the study also provides practical implications for policy makers in banks and investors.

Environment Policy and Regional Economic Growth: Conflicting vs. Complementing (환경정책과 지역경제 : 상반관계 vs. 보완관계)

  • 김홍배;윤갑식
    • Journal of the Korean Regional Science Association
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    • v.15 no.1
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    • pp.63-73
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    • 1999
  • It is generally believed that there is a trade-off between economic growth and environmental quality since pollutants are generated in the process of production and consumption of commodities. Several researchers have shown this prevailing belief using the short-term input-output models. The literature, however, shows that there have been few attempts to investigate the relationship using long-term forecasting models. This motivates the current paper. This paper attempts to build a reginal growth model in a partial equilibrium framework taking into consideration the requirements of capital invested for pollutant abatement. Model is largely neoclassical. Labor is assumed to move a region with high utility specified in regional per capita average was income and pollution level while capital is partially mobile to a region with high returns. The regional growth is explored in a phase diagram. The paper shows that there are two stable growth equilibria which a region can converge over time and that the equilibria are distinguished by the initial threshold capital stock that a region holds. If the initial capital stock of a region is over(under) than the threshold size, the region converges to the higher (lower) growth equilibrium over time. Moreover, based on this result an environmental quality enhancing policy is analyzed in the phase diagram. It has revealed that the policy calls for the relocation of growth equilibrium points, specifically speaking, it stimulates an increase in labor stock and a decrease in capital stock. Hence the paper has suggested that the prevailing belief which the environmental policy negatively impacts on a regional economic growth is not always true.

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Growth Behavior of (Ti,W)(C,N) and WC grains in a Co Matrix (Co 액상 내에 공존하는 (Ti,W)(C,N)과 WC입자의 성장 거동)

  • 이보아;윤병권;강석중
    • Journal of Powder Materials
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    • v.11 no.2
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    • pp.165-170
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    • 2004
  • Growth behavior of two different types of grains, faceted and rounded, in a liquid matrix has been studied in the (75WC-25TiCN)-30Co system. Powder samples were sintered above the eutectic temperature for various times under a carbon saturated condition. (Ti,W)(C,N) grains with a rounded shape and WC grains with a faceted shape coexisted in the same Co based liquid. With increasing sintering time, the average size of (Ti.W)(C,N) grains increased continuously and very large WC grains appeared. The growth of rounded (Ti,W)(C,N) grains followed a cubic law, r^3-r^3_0$=kt, where r is the average size of the grains, $r_0$ the initial average size, k the proportionality constant and t the sintering time. indicating a diffusion-controlled growth. On the other hand, the growth of the faceted WC grains resulted in a bimodal grain size distribution, showing an abnormal grain growth. These observations show that the growth behavior of different types of grains is governed by their shape, faceted or rounded, even in the same liquid matrix.

The Effect of a balanced time perspective on growth after adversity in adolescence: Mediating Effect of Social Connectedness (균형적 시간관이 청년기 역경 후 성장에 미치는 영향력: 사회적 유대감의 매개효과)

  • Kim, Min-jin;Park, Jeong-yun
    • Korean Journal of Culture and Social Issue
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    • v.28 no.2
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    • pp.163-186
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    • 2022
  • The study was conducted to reveal the influence of variables causing post-traumatic growth and suggest ways to utilize it in the counseling and clinical field. Data from 208 youths in Korea were collected and analyzed using the SPSS 25.0 and AMOS 26,0 statistic programs. This study took the perspective that post-traumatic growth was affected by the balanced- time-perspective and social-connectedness and tried to examine the influence and relation of the two variables. A frequency-analysis was performed to identify the demographic characteristics and the trends of the variables, and a Pearson's -correlation analysis was conducted to examine the relations between variables. A hierarchical- regression- analysis was performed to examine the influence of the major variables, And path-analysis was carried out to verify the research model, and the indirect effect was confirmed by using the bootstrapping method. First, religion, among all demographic variables, showed a significant effect on the post-traumatic growth. Second, the balanced-time-perspective and social-connectedness had a significant effect on post-traumatic growth. Third, the balanced time perspective influenced social-connectedness and through this process, the path explaining how post traumatic growth occurs was revealed. This suggests that the both balanced time perspective and social connectedness are important for inducing post- traumatic growth, and the utility of the variables in the counseling and clinical field.

PHENOLOGICAL ANALYSIS OF NDVI TIME-SERIES DATA ACCORDING TO VEGETATION TYPES USING THE HANTS ALGORITHM

  • Huh, Yong;Yu, Ki-Yun;Kim, Yong-Il
    • Proceedings of the KSRS Conference
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    • 2007.10a
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    • pp.329-332
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    • 2007
  • Annual vegetation growth patterns are determined by the intrinsic phenological characteristics of each land cover types. So, if typical growth patterns of each land cover types are well-estimated, and a NDVI time-series data of a certain area is compared to those estimated patterns, we can implement more advanced analyses such as a land surface-type classification or a land surface type change detection. In this study, we utilized Terra MODIS NDVI 250m data and compressed full annual NDVI time series data into several indices using the Harmonic Analysis of Time Series(HANTS) algorithm which extracts the most significant frequencies expected to be presented in the original NDVI time-series data. Then, we found these frequencies patterns, described by amplitude and phase data, were significantly different from each other according to vegetation types and these could be used for land cover classification. However, in spite of the capabilities of the HANTS algorithm for detecting and interpolating cloud-contaminated NDVI values, some distorted NDVI pixels of June, July and August, as well as the long rainy season in Korea, are not properly corrected. In particular, in the case of two or three successive NDVI time-series data, which are severely affected by clouds, the HANTS algorithm outputted wrong results.

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Use of Duckweed (Lemna gibba) Growth-Inhibition Test to Evaluate the Toxicity of Chromate in Korea (환경독성 평가를 위한 좀개구리밥(Lemna gibba)의 성장저해시험법에 관한 연구)

  • 김은주;이성규
    • Environmental Analysis Health and Toxicology
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    • v.16 no.4
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    • pp.205-209
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    • 2001
  • Lemna gibba was newly cultured and provided for toxicity tests. In this study, the chromate toxicity tests for Lemna gibba were performed according to the OECD Lemna growth inhibition test guideline. The test species was Lemna gibba, and the tests were repeated 5 times. To evaluate the toxicity test results, the average specific growth rate, EC50, 95% confidential limit, and variances were calculated. The test performance was analyzed by the doubling time and test statistics. The average values of EC50 data determined by logistic and linear interpolation curves were 25.9 ppm and 35.4 ppm respectively (by chromate concentration). The doubling time of all controls were below 2.5 day, so all tests passed the criteria for the test performance. This study introduced a new test method, Lemna growth inhibition test, which is provided for the hazard assessment of aquatic environment.

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한국의 연구개발투자와 경제성장간의 관계분석

  • 최은철
    • Proceedings of the Korea Technology Innovation Society Conference
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    • 2000.11a
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    • pp.346-356
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    • 2000
  • This paper aims to analyse the relationship between R&D investment and economic growth in Korea. The analysis result shows 38 percent of average economic growth rate(7.1%) of Korea between 1976 and 1998 was achieved by the growth of Total Factor Productivity (TFP), and the R&D investment during the period contributed in achieving the economic growth rate by as much as 9.86 percent. In the process of the estimate, the rate of return of the R&D investment from both government and private was calculated as 47 percent. The relationship between private R&D investment, government R&D investment and the GDP was also investigated, and it was estimated that the private sector invested 2.0 percent of the GDP in R&D during the period, and was found that 1 won of government R&D investment induced 0.202 won of private sector's R&D investment. However, the time-lag effect, which is naturally believed to exist between the R&D investment and the economic growth, could not be analysed in a mathematical form, because of the lack of the data to establish this relationship. However, this paper believe that the time-lag effect in this relationship was included implicitly by using the data of 23 years.

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Abnormal Grain Growth Behavior of $BaTiO_3$ Ceramics with Addition of Seed Grains (Seed 입자 첨가에 따른 $BaTiO_3$ 요업체의 비정상 입성장거동)

  • 이태헌;김정주;김남경;조상희
    • Journal of the Korean Ceramic Society
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    • v.32 no.5
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    • pp.587-593
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    • 1995
  • Abnomal grain growth behavior of BaTiO3 ceramics was investigated with addition of seed grains. It was foudn that the nucleation rate of abnormal grain was constant and growth of abnormal grain was linearly increased with sitnering time, regardless of amount of seed grains. These facts were also confirmed by fitting of the volume fraction of abnormal grain vs. sintering time using Avrami type equation (n=4). It was suggested that seed grains did not change the nucleation rate or growth mechanism of abnormal grain but increase the number of abnormal grains at initial stage of sintering and then it led to fine microstructure of BaTiO3 ceramics.

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DNA Heteropolymorphism of Chum Salmon Detected by Denaturing Gradient Gel Electrophoresis and Real Time PCR (Denaturing gradient gel electrophoresis와 real time PCR 방법을 이용한 연어 유전자들의 DNA 이형 다양성 검색)

  • Ham Seung Hub;Lee Suk Keun;Han Hyon Sob;Jin Deuk Hee
    • Korean Journal of Fisheries and Aquatic Sciences
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    • v.35 no.5
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    • pp.490-496
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    • 2002
  • In order to detect the DNA heteropolymorphism of chum salmon, selected essential genes were examined in different regional chum salmons, i.e., Korean, Japanese and American by denaturing gradient gel electrophoresis (DGGE) and real time PCR methods. From the promoter regions and introns of growth hormone, mtDNA NDI region, D-loop region, IGF-I, histone H3 and MCH2 several representative primer pairs were obtained and employed for the DGGE with the PCR products from the genomic DNAs of the different regional chum salmons. mtDNA NDI, D-loop region and IGE-I genes showed marked heteropolymorphism between Korean and American chum salmons. Intron C of growth hormone also showed a heteropolymorphism between Korean and Japanese chum salmons. Whereas heteropolnnorphism of histone liH and MCH2 genes was detected among in Korean, Japanese and Asnerican chum salmons in the examined region. The real time PCR disclosed the characteristic incremental production of target DNAs dependent on the heteropolymorphic conditions of genomic DNAa of chum salmons, thus the different regional chum salmons could be grouped by the variable incremental curies. Although the DGGE and real time PCR did not produce the identical results in this study, we suggest that the DGGE and real time PCR could be used for the primary screening of the DNA heteropolymorphism of different animal genome.

Mycelial growth of Lentinula edodes in response to different mixing time, pressure intensity, and substrate porosity

  • Chang, Hyun You;Seo, Geum Hui;Lee, Yong Kuk;Jeon, Sung Woo
    • Journal of Mushroom
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    • v.15 no.4
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    • pp.164-167
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    • 2017
  • Biological efficiency (BE), the ratio of fresh mushrooms harvested per dry substrate weight, expressed as the percentage of Lentinula edodes, also known as shiitake, was determined using the 'Sanjo 701' strain stored in the Department of Mushroom at the Korea National College of Agriculture and Fisheries. The mycelia were grown in glass columns with varying levels of moisture content and varying mixing periods of 0.5, 1, 2, and 3 hours. The substrate was sterilized using a steam pressure autoclave sterilizer at normal and high pressure to avoid contamination. The results showed that mycelial growth (126 mm/15 days) was optimized at 55% moisture content. The best mycelial growth of 117 mm/15 days was obtained with 2 hours of mixing time. Normal pressure sterilization yielded better results with mycelial growth of 96 mm/15 days at $100^{\circ}C$ compared to 88 mm /15 days with sterilization at $121^{\circ}C$. Mycelial density was higher, i.e. 3(+++), with normal pressure sterilization compared to 2(++) with high pressure sterilization. Furthermore, sawdust mixed with 5% woodchips increased the substrate porosity and yielded higher mycelial growth. Thus, we demonstrated that the optimum harvest or potential increased yield of shiitake can be obtained by modulating moisture content, mixing time, and substrate porosity.