• 아태비즈니스연구
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• 제13권3호
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• pp.183-208
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• 2022

Purpose - The main purpose of this study is to widely investigate the impact of recent pandemic crises on the synchronization of the world capital markets through 25 stock indices from major developed countries. Design/methodology/approach - This study collects 25 stock indices from major developed countries and the time period is between January 5, 2001 and February 24, 2022. The data sets used in the study include finance.yahoo.com and Investing.com.. The Granger causality analysis, unit-root test, VAR analysis, and forecasting error variance decomposition were hired in order to analyze the data. Findings - First, there are significant inter-relations among 25 countries around recent major pandemic crises(such as SARS, A(H1N1), MERS, and COVID19), which is consistent result with previous literature. Second, COVID19 shows much stronger impact on the world-wide synchronization than other pandemics. Third, the return volatility of each stock market varies, unit root tests show that daily stock index data are unstable while daily stock index returns are stable, and VAR(Vector Auto Regression) analyses presents significant inter-relations among 25 capital markets. Fourth, from the impulse response function analyses, we find that each market affects the other markets for short term periods, about 2~4 days, and no long term effect was not found. Fifth, Granger causality tests show one-side or two-sides synchronization between capital markets and we estimate, through forecasting error variance decomposition method, that the explanatory portions of each capital market on other markets vary from 10 to 80%. Research implications or Originality - The above results all together show that pandemic crises have strong effects on the synchronization of world capital markets and imply that these synchronizations should be carefully considered both in the investment decisions by individual investors and in the financial and economic policies by governments.

• 한국의학물리학회지:의학물리
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• 제17권3호
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• pp.159-166
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• 2006

기능성 자기공명영상을 이용하여 진동자극에 대한 감각피질의 비선형성에 대하여 연구하였다. 진동자극은 25 Hz의 주파수로 5개의 각기 다른 진동 자극 기간, 2초, 4초, 8초, 12초 그리고 16초와 함께 20초의 무자극 주기와 pseudo-random순서로 구성되었다. 감각피질에 대한 자극 기간의 변화에 따른 선형성을 이해하기 위하여 두 다른 방법(시스템의 선형성 조사법과 gamma-variate 함수를 적용하여 impulse response함수를 구하는 방법)을 사용하여 혈류반응 함수를 분석하였는데, 그 결과는 거의 비슷하였다. 감각피질에서의 BOLD 반응은 8초보다 작은 자극 기간 동안에는 비선형이고 8초 이상일 때는 선형성을 보였다. 자극 기간의 함수로 Impulse response 함수의 진폭, 면적, 피크까지의 시간, FWHM을 계산하였고 진폭과 면적의 크기는 자극 기간이 증가할 때 감소함을 보여줌으로써 자극 기간 8초에서 BOLD 반응이 비선형성에서 선형성으로 변함을 뒷받침해 주었다.

• 한국추진공학회:학술대회논문집
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• 한국추진공학회 2006년도 제26회 춘계학술대회논문집
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• pp.61-65
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• 2006

수십 msec의 단시간에 큰 추력을 발생시키는 임펄스모타의 무게를 가볍게 하기 위하여 금속재와 복합재를 조합하여 수만 psia의 초고압을 지탱하는 압력용기의 설계이론을 개발하였고, 탄소성 구조해석을 통하여 이론식의 타당성을 입증하였다. 임펄스모타의 연소관을 이론식으로 설계하고 제작하여 유압시험과 지상연소시험을 실시하였다. 실험결과의 파열압력은 설계식과 구조해석 결과로 예측한 값과 유사한 값을 보였다. 본 논문의 설계이론을 통하여 설계단계에서 가볍고도 충분한 안전율을 갖는 고압용기를 간단히 설계할 수 있게 되었다.

• Ocean and Polar Research
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• 제36권4호
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• pp.327-341
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• 2014

This study aims to analyze causality among Wando abalone producer prices by size using a vector autoregressive model to expiscate the leading-price of Wando abalone in various price classes by size per kg. This study, using an analytical approach, applies a unit-root test for stability of data, a Granger causality test to learn about interaction among price classes by size for Wando abalone, and a vector autoregressive model to estimate the statistical impact among t-1 variables used in the model. As a result of our leading-price analysis of Wando abalone producer prices by shell size using a VAR model, first, DF, PP, and KPSS tests showed that the Wando abalone monthly price change rate by size differentiated by logarithm were stable. Second, the Granger causality relationship analysis showed that the price change rate for big size abalone weakly led the price change rate for the small and medium sizes of abalone. Third, the vector autoregressive model showed that three price change rates of t-1 period variables statistically, significantly impacted price change rates of own size and other sizes in t period. Fourth, the impulse response analysis indicated that the impulse responses of structural shocks for price change rate for big size abalone was relatively more powerful in its own size and in other sizes than shocks emanating from other sizes. Fifth, the variance decomposition analysis indicated that the price change rate for big size abalone was relatively more influential than the price change rates for medium and small size abalone.

• 한국추진공학회:학술대회논문집
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• 한국추진공학회 2007년도 제29회 추계학술대회논문집
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• pp.139-143
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• 2007

추가 30톤급 액체로켓엔진 실물형 연소기에서 수행했던 연소시험의 전반적인 성능결과에 대해 기술하였다. 연소기 연소압력은 약 53${\sim}$60 bar 그리고 추진제 유량은 약 89 kg/s이다. 30톤급 실물형 연소기는 연소기 헤드, SUS 배플, 배플분사기, 내열재 연소실, 냉각채널 연소실 그리고 재생냉각 연소실 등으로 구성하였다. 연소특성속도는 약 1673부터 1730 m/sec이며, 비추력은 약 254에서 263 sec 정도의 값을 얻었다. 일반적으로 분사기의 RN 증가에 따라 연소특성속도는 증가하였다. 또한, 연소기의 비추력은 연소특성속도 증가에 따라 증가함을 보여 주었다.

• 한국추진공학회지
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• 제10권2호
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• pp.23-30
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• 2006

수십 msec의 단시간에 큰 추력을 발생시키는 임펄스모타의 무게를 가볍게 하기 위하여 금속재와 복합재를 조합하여 수만 psia의 초고압을 지탱하는 압력용기의 설계이론을 개발하였고, 탄소성 구조해석을 통하여 이론식의 타당성을 입증하였다. 임펄스모타의 연소관을 이론식으로 설계하고 제작하여 유압시험과 지상연소시험을 실시하였다. 실험결과의 파열압력은 설계식과 구조해석 결과로 예측한 값과 유사한 값을 보였다. 본 논문의 설계이론을 통하여 설계단계에서 가볍고도 충분한 안전율을 갖는 고압용기를 간단히 설계할 수 있게 되었다.

• Journal of Electrical Engineering and Technology
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• 제13권4호
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• pp.1663-1672
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• 2018

In recent times, gas insulated medium voltage (MV) circuit breakers (CB) form a vital component in power system network, considering its advantages such as reduced size and safety margins. Gas insulation characteristics of circuit breakers are generally measured by lightning impulse (LI) test according to IEC standard 60060-1 as a factory routine test. Considering the environmental issues of $SF_6$ gas, many research works are being carried out towards the mixture of $SF_6$ gases for high voltage insulation applications. However, few reports are only available regarding the LI withstand and streamer propagation characteristics (at both positive and negative polarity of waveform) of $SF_6/N_2$ gas mixture insulated medium voltage circuit breakers. In this paper, positive and negative polarity LI tests are carried out on 22 kV medium voltage circuit breaker filled with $SF_6/N_2$ gas mixture at different gas pressures (1-5 bar) and at different gas mixture ratios. Important LI parameters such as breakdown voltage, streamer velocity, time to breakdown and acceleration voltage are evaluated with IEC standard LI ($1.2/50{\mu}s$) waveform. Weibull distribution analysis of LI breakdown voltage data is carried out and 50% probability breakdown voltage, scale parameter and shape parameter are evaluated. Results illustrate that the $25%SF_6+75%N_2$ gas filled insulation considerably enhances the LI withstand and breakdown strength of MV circuit breakers. LI breakdown voltage of circuit breaker under negative polarity shows higher value when compared with positive polarity. Results show that maintaining the gas pressure at 0.3 MPa (3 bar) with 10% $SF_6$ gas mixed with 90% $N_2$ will give optimum lighting impulse withstand performance of 22 kV MV circuit breaker.

• Tuberculosis and Respiratory Diseases
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• 제85권2호
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• pp.175-184
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• 2022

Background: Post-tuberculosis (TB) sequelae is a commonly encountered clinical entity, especially in high TB burden countries. This may represent chronic anatomic sequelae of previously treated TB, with frequent symptomatic presentation. This pilot study was aimed to investigate the pulmonary functions and systemic inflammatory markers in patients with post-TB sequelae (PTBS) and to compare them with post-TB without sequelae (PTBWS) participants and healthy controls. Methods: A total of 30 participants were enrolled, PTBS (n=10), PTBWS (n=10), and healthy controls (n=10). Pulmonary function tests included spirometry and measurement of airway impedance by impulse oscillometry. Serum levels of matrix metalloproteinase (MMP)-1, transforming growth factor-β, and interferon-γ were estimated. Results: Slow vital capacity (SVC), forced vital capacity (FVC), forced expiratory volume in 1 second (FEV₁), FEV₁/FVC, and peak expiratory flow were significantly lower in PTBS as compared to controls. SVC and FEV₁ were significantly less in PTBS as compared to PTBWS. Total airway impedance (Z₅), total airway resistance (R₅), central airway resistance (R₂₀), area of reactance (Ax), and resonant frequency (Fres) were significantly higher and respiratory reactance at 5 and 20 Hz (X₅, X₂₀) were significantly lower in PTBS as compared to PTBWS. Spirometry parameters correlated with impulse oscillometry parameters in PTBS. Serum MMP-1 level was significantly higher in PTBS as compared to other groups. Conclusion: Significant pulmonary function impairment was observed in PTBS, and raised serum MMP-1 levels compared with PTBWS and healthy controls. Follow-up pulmonary function testing is recommended after treatment of TB for early diagnosis and treatment of PTBS.

• 한국안전학회지
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• 제30권4호
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• pp.39-45
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• 2015

This paper deals with development of integrity evaluation instrument for the power line surge protective device. A reliable power supply is an essential element in the developed information and communication society by highly advances in IT technology. However, the lightning incidence also increased with the recent extreme weather events. In Korea, in order to protect the electrical system from lightning surge, SPD(Surge Protective Device) has been used for these past 30 years. However, the method of diagnosing the safety of the SPD in the industry is insufficient. In this paper, SPD integrity evaluation system was composed of a variable DC power source unit, voltage-current sensor and the embedded controller. In order to measure V-I characteristics of MOV, 3 type samples were degraded by impulse current generator. After impulse tests, the varistor voltage of all samples and nonlinearity coefficient were decreased. It confirmed the utility of the developed equipment by this experimental test and the reliability of SPD is expected for surge accident prevention when applied to industrial plant.

• Asian Journal of Business Environment
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• 제9권1호
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• pp.21-28
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• 2019

Purpose - The purpose of this paper is to investigate the relationship between corporate social responsibility disclosure (CSRD) and investment-cash flow sensitivity, which is a surrogate for financing constraints. Research design, data, and methodology - Taking China's A-share listed companies between 2009 and 2016 as a sample, this paper empirically tests the relationship between CSRD and investment-cash flow sensitivity by Panel VAR model. By introducing the orthogonal impulse response function, this paper distinguishes the fundamental factors and financial ones that affect corporate investment behavior. Results - Findings indicate that: (1) investment-cash flow sensitivity of firms with low level of CSRD is significantly lower than that of firms with high level of CSRD; (2) the orthogonal impulse response of corporate investment to cash flow in firms with high level of CSRD is significantly different from zero, but it is not significant in firms with low level of CSRD; (3) for firms with low level of CSRD, 0.7% of corporate investment volatility can be explained by the change in cash flow, which is lower than that of firms with high level of CSRD (1.1%). Conclusions - Corporations disclosing more and higher quality CSRD are often those faced with financing constraints. Voluntary disclosure can help them alleviate information asymmetry and financing constraints.