• 제목/요약/키워드: Macro and non-macro

검색결과 193건 처리시간 0.026초

Macro and Non-macro Determinants of Korean Tourism Stock Performance: A Quantile Regression Approach

  • JEON, Ji-Hong
    • The Journal of Asian Finance, Economics and Business
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    • 제7권3호
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    • pp.149-156
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    • 2020
  • The study aims to investigate a close relation between macro and non-macro variables on stock performance of tourism companies in Korea. The sample used in this study includes monthly data from January 2001 to December 2018. The stock price index of the tourism companies as a dependent variable are obtained from Sejoong, HanaTour, and RedcapTour as three leading Korean tourism companies that have been listed on the Korea Stock Exchange. This study assesses the tourism stock performance using the quantile regression approach. This study also investigates whether global crisis events as the Iraq War and the global financial crisis as non-macro variables have a significant effect on the stock performance of tourism companies in Korea. The results show that the oil prices, exchange rate and industrial production have negative coefficients on stock prices of tourism companies, while the effects of tourist expenditure and consumer price index are positive and significant. We estimate the result of quantile regression that non-macro determinants have statistically a significant and negative effect on tourism stock performance because the global crisis could threaten traveler's safety and economy. Overall, empirical results suggest that the effects of macro and non-macro variables are statistically asymmetric and highly related to tourism stock performance.

Experimental Investigation on the Blast Resistance of Fiber-Reinforced Cementitious Composite Panels Subjected to Contact Explosions

  • Nam, Jeongsoo;Kim, Hongseop;Kim, Gyuyong
    • International Journal of Concrete Structures and Materials
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    • 제11권1호
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    • pp.29-43
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    • 2017
  • This study investigates the blast resistance of fiber-reinforced cementitious composite (FRCC) panels, with fiber volume fractions of 2%, subjected to contact explosions using an emulsion explosive. A number of FRCC panels with five different fiber mixtures (i.e., micro polyvinyl alcohol fiber, micro polyethylene fiber, macro hooked-end steel fiber, micro polyvinyl alcohol fiber with macro hooked-end steel fiber, and micro polyethylene fiber with macro hooked-end steel fiber) were fabricated and tested. In addition, the blast resistance of plain panels (i.e., non-fiber-reinforced high strength concrete, and non-fiber-reinforced cementitious composites) were examined for comparison with those of the FRCC panels. The resistance of the panels to spall failure improved with the addition of micro synthetic fibers and/or macro hooked-end steel fibers as compared to those of the plain panels. The fracture energy of the FRCC panels was significantly higher than that of the plain panels, which reduced the local damage experienced by the FRCCs. The cracks on the back side of the micro synthetic fiber-reinforced panel due to contact explosions were greatly controlled compared to the macro hooked-end steel fiber-reinforced panel. However, the blast resistance of the macro hooked-end steel fiber-reinforced panel was improved by hybrid with micro synthetic fibers.

Numerical modelling of soil-foundation interaction by a new non-linear macro-element

  • Khebizi, Mourad;Guenfoud, Hamza;Guenfoud, Mohamed
    • Geomechanics and Engineering
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    • 제14권4호
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    • pp.377-386
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    • 2018
  • This paper focuses on the development of a new non-linear macro-element for the modelling of soil-foundation interaction. Material and geometrical nonlinearities (soil yielding and foundation uplift respectively) are taken into account in the present macro-element to examine the response of shallow foundations under monotonic and cyclic loads. Several applications of soil-foundation systems are studied. The results obtained from these applications are in very favourable agreement with those obtained through other numerical models in the literature.

Handover 기반과 Non-Handover 기반의 Mobility Management 기법의 비교 (Comparison of Mobility Management methods Handover based and Non-Handover based)

  • 우중재;주형식
    • 전기전자학회논문지
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    • 제16권2호
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    • pp.81-85
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    • 2012
  • 본 논문에서는 macro-cell 위에 동일한 주파수를 쓰는 pico-cell이 overlay 되어 있는 환경에서, 움직이는 사용자에 대한 management 방법이 움직이는 사용자가 지원 받을 수 있는 data rate에 미치는 영향을 분석한다. 이러한 분석을 통해 mobility management 방식에 따른 움직이는 사용자가 지원받을 수 있는 data rate는 사용자와 pico-cell의 상대적 위치에 의존함을 확인하였다.

Impact of fine fillers on flowability, fiber dispersion, strength, and tensile strain hardening of UHPC

  • Chung-Chan Hung;Kuo-Wei Wen;Yueh-Ting Chen
    • Advances in concrete construction
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    • 제15권6호
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    • pp.405-417
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    • 2023
  • While ultra-high performance concrete (UHPC) is commonly reinforced with micro straight steel fibers in existing applications, studies have indicated that the use of deformed steel macro-fibers leads to enhanced ductility and post-peak responses for UHPC structural elements, which is of particular importance for earthquake-resistant structures. However, there are potential concerns regarding the use of UHPC reinforced with macro-fibers due to the issues of workability and fiber distribution. The objective of this study was to address these issues by extensively investigating the restricted and non-restricted deformability, filling ability, horizontal and vertical velocities, and passing ability of UHPC containing macro hooked-end steel fibers. A new approach is suggested to examine the homogeneity of fiber distribution in UHPC. The influences of ultra-fine fillers and steel macro-fibers on the workability of fresh UHPC and the mechanics of hardened UHPC were examined. It was found that although increasing the ratio of quartz powder to cement led to an improvement in the workability and tensile strain hardening behavior of UHPC, it reduced the fiber distribution homogeneity. The addition of 1% volume fraction of macro-fibers in UHPC improved workability, but reduced its compressive strength, which is contrary to the effect of micro-fiber inclusion in UHPC.

Investigations on aerosols transport over micro- and macro-scale settings of West Africa

  • Emetere, Moses Eterigho
    • Environmental Engineering Research
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    • 제22권1호
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    • pp.75-86
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    • 2017
  • The aerosol content dynamics in a virtual system were investigated. The outcome was extended to monitor the mean concentration diffusion of aerosols in a predefined macro and micro scale. The data set used were wind data set from the automatic weather station; satellite data set from Total Ozone Mapping Spectrometer aerosol index and multi-angle imaging spectroradiometer; ground data set from Aerosol robotic network. The maximum speed of the macro scale (West Africa) was less than 4.4 m/s. This low speed enables the pollutants to acquire maximum range of about 15 km. The heterogeneous nature of aerosols layer in the West African atmosphere creates strange transport pattern caused by multiple refractivity. It is believed that the multiple refractive concepts inhibit aerosol optical depth data retrieval. It was also discovered that the build-up of the purported strange transport pattern with time has enormous potential to influence higher degrees of climatic change in the long term. Even when the African Easterly Jet drives the aerosols layer at about 10 m/s, the interacting layers of aerosols are compelled to mitigate its speed to about 4.2 m/s (macro scale level) and boost its speed to 30 m/s on the micro scale level. Mean concentration diffusion of aerosols was higher in the micro scale than the macro scale level. The minimum aerosol content dynamics for non-decaying, logarithmic decay and exponential decay particulates dispersion is given as 4, 1.4 and 0 respectively.

Effect of co-inoculation of Brevibacterium iodinum RS16 and Methylobacterium oryzae CBMB20 on the early growth of crop plants in Saemangeum reclaimed soil

  • Kim, Kiyoon;Kwak, Chaemin;Lee, Youngwook;Sa, Tongmin
    • 한국토양비료학회지
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    • 제47권1호
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    • pp.1-7
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    • 2014
  • The objective of this study was to determine the effect of single and co-inoculation of plant growth promoting bacteria (PGPB) on early plant growth in Saemangeum reclaimed soil. Plant growth promoting Brevibacterium iodinum RS16 and Methylobacterium oryzae CBMB20 were inoculated on maize (Zea mays L.) and sorghum-sudangrass hybrid (Sorghum bicolor L.) grown in Saemangeum reclaimed soil. Single and co-inoculation of B. iodinum RS16 and M. oryzae CBMB20 increased plant height, dry biomass accumulation and macro-nutrient accumulation of maize and sorghum-sudangrass hybrid. M. oryzae CBMB20 treatment increased plant height in maize by 41.2% at 30 days after sowing (DAS), shoot dry weight and total dry weight compared to non-inoculated treatment. Macro-nutrient accumulation (N and P) in maize roots was significantly increased with co-inoculation treatment, K and Ca content was significantly increased at B. iodinum RS16 treatment compared to non-inoculated treatment. Macro-nutrient accumulation (P, K, Ca and Mg) in shoot was higher with M. oryzae CBMB20 treatment compared to non-inoculated treatment. In case of sorghum-sudangrass hybrid, co-inoculation treatment showed 33.7% increase in plant height compared to non-inoculated treatment at 30 DAS. M. oryzae CBMB20 treatment increased root dry weight and total dry weight, macro-nutrient accumulation in roots and N, Ca and Mg accumulation in shoot compared to non-inoculated treatment. P and K accumulation in shoot was significantly increased at co-inoculation treatment compared to non-inoculated treatment. This pot culture experiment demonstrated that single and co-inoculation of B. iodinum RS16 and M. oryzae CBMB20 increased the early growth and nutrient accumulation of maize and sorghum-sudangrass hybrid.

Seismic response and damage development analyses of an RC structural wall building using macro-element

  • Hemsas, Miloud;Elachachi, Sidi-Mohammed;Breysse, Denys
    • Structural Engineering and Mechanics
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    • 제51권3호
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    • pp.447-470
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    • 2014
  • Numerical simulation of the non-linear behavior of (RC) structural walls subjected to severe earthquake ground motions requires a reliable modeling approach that includes important material characteristics and behavioral response features. The objective of this paper is to optimize a simplified method for the assessment of the seismic response and damage development analyses of an RC structural wall building using macro-element model. The first stage of this study investigates effectiveness and ability of the macro-element model in predicting the flexural nonlinear response of the specimen based on previous experimental test results conducted in UCLA. The sensitivity of the predicted wall responses to changes in model parameters is also assessed. The macro-element model is next used to examine the dynamic behavior of the structural wall building-all the way from elastic behavior to global instability, by applying an approximate Incremental Dynamic Analysis (IDA), based on Uncoupled Modal Response History Analysis (UMRHA), setting up nonlinear single degree of freedom systems. Finally, the identification of the global stiffness decrease as a function of a damage variable is carried out by means of this simplified methodology. Responses are compared at various locations on the structural wall by conducting static and dynamic pushover analyses for accurate estimation of seismic performance of the structure using macro-element model. Results obtained with the numerical model for rectangular wall cross sections compare favorably with experimental responses for flexural capacity, stiffness, and deformability. Overall, the model is qualified for safety assessment and design of earthquake resistant structures with structural walls.

Ozone Impacts on Soluble Carbohydrates, Antioxidant Activity and Macro-element Concentrations in Rice Seedling

  • Sung Jwa-Kyung;Park So-Hyeon;Lee Su-Yeon;Lee Ju-Young;Jang Byoung-Choon;Hwang Seon-Woong;Kim Tae-Wan;Song Beom-Heon
    • 한국작물학회지
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    • 제51권2호
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    • pp.142-147
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    • 2006
  • The present study describes carbohydrate metabolism, macro-element utilization and antioxidant defenses in response to an ozone dose (100 ppb, 8d) in two rice varieties. Tolerant (cv. Jinpumbyeo) and sensitive (cv. Chucheongbyeo) varieties of rice were grown in growth chamber for 30 days after sowing. Concentrations of chloroplast pigments and non-structural carbohydrates as well as activity of antioxidant enzymes were determined to evaluate the resistance against ozone stress. Ozone caused the decrease in chlorophyll a and carotenoid contents, and also resulted in faster decomposition of non-structural carbohydrate in leaf blade and leaf sheath. The contents of nitrogen and potassium in leaves were visibly decreased in cv. Chucheongbyeo with an increase in ozone exposure, but not in cv. Jinpumbyeo. Enzymatic antioxidants against ROS in both varieties responded in the order of POD, SOD and CAT, and their capacity was stronger in cv. Jinpumbyeo.

Numerical investigation of predicting the in-plane behavior of infilled frame with single diagonal strut models

  • Bouarroudj, Mohammed A.;Boudaoud, Zeineddine
    • Structural Engineering and Mechanics
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    • 제81권2호
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    • pp.131-146
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    • 2022
  • This study highlights the accuracy of several single strut models to predict the global response of infilled reinforced concrete (R/C) frames. To this aim, six experimental tests are selected to calibrate the numerical modeling. The width of the diagonal strut is calculated using several macro models from the literature. The mechanical properties of the diagonal strut are determined by using two methods: (a) by subtracting the bare frame response from that of the infilled frame, and (b) by calculating the axial strength in the diagonal direction. A combination between the different width and the axial force models is carried out to study the effects of each parameter on global response. Non-linear pushover analyses are conducted using SAP2000. The results indicate the accuracy of the macro-modeling approach to predict the behavior of the infilled frames.