• Asia-Pacific Journal of Business
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• v.11 no.3
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• pp.199-215
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• 2020

Purpose - This article tries to test if the conditional consumption capital asset pricing model (CCAPM) with bank credit for household as a conditional variable can explain the cross-sectional variation of stock returns in Korea. The performance of conditional CCAPM is compared to that of multifactor asset pricing models based on Arbitrage Pricing Theory. Design/methodology/approach - This paper extends the simple CCAPM to the conditional version of CCAPM by using bank credit for household as conditioning information. By employing KOSPI and KOSDAQ stocks as test assets from the second quarter of 2003 to the first quarter of 2018, this paper estimates risk premiums of conditional CCAPM and a variety of multifactor linear models such as Fama-French three and five-factor models. The significance of risk factors and the adjusted coefficient of determination are the basis for the comparison in models' performances. Findings - First, the paper finds that conditional CCAPM with bank credit performs as well as the multifactor linear models from Arbitrage Pricing theory on 25 test assets sorted by size and book-to-market. When using long-term consumption growth, the conditional CCAPM explains the cross-sectional variation of stock returns far better than multifactor models. Not only that, although the performances of multifactor models decrease on 75 test assets, conditional CCAPM's performance is well maintained. Research implications or Originality - This paper proposes bank credit for household as a conditional variable for CCAPM. This enables CCAPM, one of the most famous economic asset pricing models, to conform with the empirical data. In light of this, we can now explain the cross-sectional variation of stock returns from an economic perspective: Asset's riskiness is determined by its correlation with consumption growth conditional on bank credit for household.

• Journal of Korean Society on Water Environment
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• v.20 no.2
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• pp.120-125
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• 2004

Exposure to volatile disinfection by-products (DBPs) such as chloroform included in chlorinated tap water can occur during household activities via inhalation as well as ingestion and dermal absorption. This study was conducted to examine the significance of inhalation route of exposure since humans are unintentionally exposed to volatile DBPs while staying home. Two sets of experiments were carried out in an apartment to measure: 1) the variation of chloroform concentrations in the living room air following kitchen activities (cooking and dish-washing); and 2) the variation of chloroform concentrations in the bathroom and living room following showering. Cooking, dish-washing, and showering all contributed to the elevation of household chloroform levels. Even a few minutes of natural ventilation resulted in the reduction of the chloroform levels to the background. Estimates of daily chloroform doses and lifetime cancer risks suggested that inhalation of household air during staying home be a major route of exposure to chloroform and that ingestion be a minor one in Korean people. It is also suggested that ventilation be a simple and important measure of mitigating human exposure to volatile DBPs indoors.

• Journal of Korean Society of Transportation
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• v.21 no.4
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• pp.145-154
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• 2003

Multilevel and Multivariate Structural Equation Mpdel is applied to handle the hierarchical nature of the data and explain complex relationship among socioeconomic factors of individuals and household, activity participation, and travel behavior using Puset Sound Transportation Panel data. From analysis, variations of individual activity participation and travel behavior can be divided into two categories : Within-household variation and Between-households variation. Empirical results show that the interdependency index(p) of variables for household members within a household is between 0.13 and 0.33 indicating high interdependency. These results suggest that Multilevel and Multivariate SEM approach is an appropriate modeling methodology and gives additional information for activity participation and travel behavior. Also most of personal and household characteristics influence on activity participation and travel behavior within a household as well as between households.

• Korean Journal of Agricultural Science
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• v.34 no.2
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• pp.189-200
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• 2007

The purpose of this study is to evaluate the farmland scale improvement project and to present basic data for establishing a long-term improvement scheme of this project. Professional rice cultivators' farming scale after receiving the farmland scale improvement fund has increased compared to the situation before receiving the fund support. The average paddy fields increased by 220% (from 2.75ha to 8.82ha), the average upland increased by 27% (from 0.44ha to 0.56ha), and the average orchard land increased by 44% (from 0.25ha to 0.36ha). The rice production costs per 10a are estimated as 608,678won for below 3ha, 488,721won for 3-6ha, 487,431won for 6~10ha, and 425,313won for over 10ha, which decreased with increasing farming scale. The effects of the farmland scale improvement project on income variation are summarized as follows. 1) Average farm household income for all subjects has increased by 223 % (from 40,517,000won to 90,295,000won). 2) For each category, the results show that average farm household income has increased by 9,766,000won for below 3ha, 35,898,000won for 3~6ha, 42,822,000won for 6~10ha, and 72,697,000won for over 10ha.

• Culinary science and hospitality research
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• v.9 no.3
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• pp.22-36
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• 2003

Women customer is one of main target of Family restaurant as known. In addition, they are powerful consumer group now days. According to the social variation, to expand to participation to career opportunity not only unmarried but also married women and increase to single female household make women more expend money and go out to eat. So, this study is examined family restaurant choice attributor of women customer depends on status of marriage, scale of household and age. It will be contributed to Family restaurant industry to segment of their women customer by neo-demographic variables be reflected with social variations.

• Nutrition Research and Practice
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• v.17 no.2
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• pp.269-283
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• 2023

BACKGROUND/OBJECTIVES: This study aimed to examine the food security status of urban poor adolescents and its association with diet quality. SUBJECTS/METHODS: A cross-sectional survey was conducted among 188 adolescents aged 13-18 yrs living in Kuala Lumpur, Malaysia. Household food insecurity and dietary intake data were collected using the Radimer/Cornell hunger and food insecurity instrument and 2-day 24-h dietary recalls, respectively. Diet quality was determined using the Malaysian Healthy Eating Index (HEI). Weight and height were measured and body mass index-for-age, as well as height-for-age z scores were calculated. RESULTS: The present study revealed that 47.9% of the adolescents experienced household food insecurity, 24.5% experienced individual food insecurity, 18.6% household food security, and 9.0% child hunger. The mean score of diet quality was 56.83 ± 10.09, with a significantly lower HEI score among food insecure adolescents (household food insecure, individual food insecure, and child hunger) than household food secure adolescents (P = 0.001). The differences between food secure and food insecure households were found to be significant for energy (P = 0.001) and nutrients including proteins (P = 0.006), carbohydrates (P = 0.005), dietary fiber (P = 0.001), folate (P < 0.001), and vitamin C (P = 0.006). The multiple linear regression showed that adolescents who experienced food insecurity (β = -0.328; P = 0.003) were found to be significantly associated with poor diet quality (F = 2.726; P < 0.01), wherein 13.3% of the variation in the diet quality was explained by the food security status. CONCLUSIONS: Experiencing food insecurity contributed to poor diet quality among urban poor adolescents. Further longitudinal studies are needed to comprehensively understand this association to improve food insecurity and diet quality among urban poor communities.

• Korean Journal of Rural Living Science
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• v.9 no.1
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• pp.67-78
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• 1998

This study compared the pattern of couples' time-use in rural areas. Wives' and husbands' time spent in household work, leisure, and agricultural labor were compared. In addition, this study examined what factors determine the amount of time of couples spent in such activities. According to the results, in general, the pattern of couple's time-use in rural area was different. Regarding the pattern of time-use, three major results could be mentioned. First of all, husband in rural area spent most agricultural labour time in busy farming season. And then husband spent much time in leisure activities and wife spent in household work. Second, wife spent more time in inactive leisure and husband spent more time in active leisure. Third, husband in rural area spent less time in household work. In particular. they spent less time in female-typed work than male-typed work. To examine what factors determine the extent of time spent in such activities, three theories were employed and tested. According to the results, the models employed in this study were realistic in explaining the amount of time of couple in rural area, and more adjustable wife than husband. In conclusion, a combination of the multidimensional theoretical perspectives used in this study helpfully explains the variation in the amount of time-use of couple in rural area.

• Korea Journal of Cosmetic Science
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• v.2 no.1
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• pp.33-46
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• 2020

Cosmetics are representative complex fluids, and there have been many studies focusing on the correlation between the rheological properties and sensory attributes. Various instrumental measurements have been suggested to evaluate the sensory attributes, and one of the most common instruments is Texture Analyzer (TA). Although it is reported that the adhesiveness measured by TA is related to the stickiness of cosmetics, there exists reproducibility problem because measurements with TA are sensitive to application conditions. In this study, an instrumental protocol using rotational rheometer has been set up to measure the stickiness of cosmetics. This protocol consists of two steps. The first step is a preconditioning step, and various types of shear deformations are applied to the samples. The next step is the extensional flow and the axial force is measured. When the amplitude of the shear flow corresponded to the linear viscoelastic region, the axial force is the same as those without preconditioning. On the other hand, an axial force decreases as variation nonlinearity increases. It is because the effects of microstructure changes caused by nonlinear deformation affects the extensional flow. It is worth noting that a new protocol facilitates to evaluate the stickiness of cosmetics in a more systematic way.

• Transactions of Materials Processing
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• v.16 no.1 s.91
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• pp.36-41
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• 2007

Thermoplastic elastomer(TPE) can be recycled and molded such as commercial thermoplastic. Therefore TPE has being widely applied on automobile, household and etc. in these days. This study shows the variation of mechanical properties and shrinkage on TPE moldings for variation of injection molding conditions such as injection pressure, holding pressure, melt temperature, mold temperature and etc. Mechanical properties in relation to tensile strength, hardness and shrinkage in connection with precision dimension of part are investigated. The tensile strength and shrinkage of the experimental TPEs are mainly influenced by injection pressure and melt temperature. All injection molding conditions scarcely affect on hardness. To verify the variation of tensile strength and shrinkage, morphology of TPE molding was scanned by the SEM. The morphology showed that as the melt temperature increased, the rubber particles on the TPE became smaller and widely were dispersed. This behavior of rubber particles influenced on the increase of tensile strength.

• Korean Journal of Air-Conditioning and Refrigeration Engineering
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• v.15 no.2
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• pp.95-102
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• 2003

Optimization for the insulation thickness and external shape of a household refrigerator is peformed in order to minimize thermal load through the insulation wall. The one dimensional conduction heat transfer model is adopted to calculate thermal load. Calculus of variation is employed to optimize the thickness and shape of refrigerator or freezer. The uniform distribution of an insulation thickness and cubed external shape make thermal load minimize. Finally, by using both of the computational and experimental method, the thermal load is minimized for a refrigerator/freezer. It is shown that there exists optimal thickness of insulation walls and external shape for given the external cabinet dimensions and freezer and refrigerator internal volumes, Also, the analytical results are well agreed with the experimental results.