• Title/Summary/Keyword: Output growth

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Changes in the Business Cycle of the Korean Economy: Evidence and Explanations (한국 경기변동의 특징 및 안정성에 대한 연구)

  • Lee, Jaejoon
    • KDI Journal of Economic Policy
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    • v.31 no.2
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    • pp.47-85
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    • 2009
  • With a relatively simple quantitative method, this study comprehensively analyzes the characteristics related to business cycles represented by macroeconomic variables of Korea since 1970. This empirical analysis deals with roughly following three topics: How to identify cyclical component with respect to trend; with what characteristics and how the economic variables of each sector move with in the phases of business cycle, and; whether there are signs of a structural change in the phases of business cycle. Section 2 discusses how to identify trends and cycle components, the basis assumption for the analysis of business cycle. Like the Korean economy, where a relatively high growth rate has been maintained, it is appropriate to determine its economic recession based on the fall in the growth trend, not in the absolute level of real output. And, it is necessary to apply the concept of growth cycle against a traditional concept of business cycle. Accordingly the setting of growth trend is of preliminary importance in identifying cyclical fluctuations. The analysis of Korea's GDP data since 1970, the decomposition of trends and cycles through the Band-pass filter is found to appropriately identify the actual phases of busyness cycle. Section 3 analyzes what particular relationship various economic variables have with output fluctuations during the phases of economic cycle, using the corss-correlation coefficients and prediction contribution. Section 4 monitors the stability of the phases of Korea's business cycle and quantitatively verifies whether there is a structural break, and then reviews the characteristics of variations in each sector. And, stylized facts observed through these studies are summarized in the conclusion. The macroeconomic stability of Korea, in particular, is found to continue to improve since 1970, except for the financial crisis period. Not only that, it is found that its volatility of economic growth rate as well as inflation have been reduced gradually. Meanwhile, until recently since 2000, the volatility in domestic demand has remained stable, while that in exports and imports has been increased slightly. But, in an over all perspective, Korea's business cycle variation is on the decline due to shorter response period to shocks and the formation of complementary relationship among economic sectors.

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A Study on DC Traction Power Supply System Using PWM Converter (PWM컨버터를 적용한 경전철 전력공급시스템에 관한 연구)

  • Kim, Joorak;Park, Chang-Reung;Park, Kijun;Kim, Joo-Uk
    • Journal of the Korean Institute of Electrical and Electronic Material Engineers
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    • v.29 no.4
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    • pp.250-254
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    • 2016
  • Currently, power conversion system which converts AC to DC Power is applied in domestic urban railway. The diode rectifier is used in most of them. However the diode rectifier can not control the output voltage and can not regenerate power as well. On the other hand, PWM (pulse width modulation) converter using IGBT (isolated gate bipolar transistor) can control output voltage, allowing it to reduce the output voltage drop. Moreover the Bi-directional conduction regenerates power which does not require additional device for power regeneration control. This paper compared the simulation results for the DC power supply system on both the diode rectifier and the PWM converter. Under the same load condition, simulation circuit for each power supply system was constructed with the PSIM (performance simulation and modeling tool) software. The load condition was set according to the resistance value of the currently operating impedance of light rail line, and the line impedance was set according to the distance of each substations. The train was set using a passive resistor. PI (proportional integral) controller was applied to regulate the output voltage. PSIM simulation was conducted to verify that the PWM Converter was more efficient than the diode rectifier in DC Traction power supply system.

Analyzing the Market Size and the Economic Effects of the Oceans and Fisheries Industry (해양수산업의 시장규모 및 경제적 파급효과 분석)

  • Kim, Joseph;Jung, Dong-Won;Yoo, Seung-Hoon
    • Ocean and Polar Research
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    • v.38 no.1
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    • pp.59-70
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    • 2016
  • Establishing the strategic plans to foster the oceans and fisheries (O&F) industry as an engine for national sustainable economic growth has become an important task for developing countries as well as developed countries. The first step to do so is to identify O&F industry and analyze its economic effects. Therefore, the prime purposes of the paper are two-fold. The first is to identify O&F industry and estimate its market size using 2012 Input-Output (I-O) table published by the Bank of Korea. The second purpose is to obtain some quantitative information on production-inducing effect, value-added creation effect, and employment-inducing effect of the O&F industry. To this end, we apply an IO analysis using exogenous specification of the O&F industry. The results show that the O&F industry covers 4.1% and 3.0% of national output and gross domestic product, respectively. Moreover, we found that 1.0 won of production or investment in the O&F industry induces 1.7363 won of production and 0.4759 won of value-added in the national economy. One billion won of production or investment in the O&F industry touches off 7.5569 persons of employment. This information can be utilized in the O&F industry-related policy-making.

Measuring the Effectiveness of an Ecosystem Service to Regulate Air Quality in Wetland, South Korea

  • Kim, Jung In;Lee, Kyungeun;Yeo, Inae;Choi, Tae-Young;Lee, Beom Hee;Jung, Pil Mo;Joo, Wooyeong
    • Proceedings of the National Institute of Ecology of the Republic of Korea
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    • v.2 no.1
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    • pp.62-69
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    • 2021
  • This study aimed to verify the suitability of an air quality regulating service for wetland ecosystem service evaluation by investigating the effect of reducing particulate matter (PM) on vegetation in wetlands. We installed tunnel-type experimental plots at Yonghwasil Pond in the National Institute of Ecology and set up the input and output of PM by applying the natural vegetation of the relevant wetlands. We took measurements by replicating four different conditions four times each. The air quality regulating service in each experimental plot was measured based on PM10 concentration; further, the difference between the input and the output concentration of PM passing through the Phragmites australis community tunnel was measured using a light scattering method. For the Phragmites australis community in the outdoor conditions and bare land, the PM concentration was measured with the same specifications as tunnel-type experimental plots without setting up the input and output. For the tunnel-type experimental plots, PM10 concentration was significantly lower in the output than in the input. Furthermore, in the outdoor conditions, a comparison between the Phragmites australis community and bare land showed that the concentration was relatively low in the former than in the latter. This confirmed the PM reducing effect due to the blockage and absorption of PM depending on the growth of Phragmites australis. Based on the results of this study, we assessed the air quality regulating service in wetlands as an evaluation indicator.

Feedback Control of Dissolved Oxygen with Hardware Modification of Fermenter (발효기 하드웨어 변환을 이용한 용존산소 제어)

  • 이중헌;이인영;박영훈
    • KSBB Journal
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    • v.15 no.3
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    • pp.280-284
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    • 2000
  • The simple imcroprocessor device was provided for the control of dissolved oxygen(DO) level. The DO analog signal output from fementer was used as a measurement variable and the agitation speed of fermenter was used as a manipulatio variable. Agitation speed was manipulated to maintain DO level above 10% of saturation condition during cell growth period with microprocessor. Since the experimental resultsshowed that the DO level was maintained above 10% and agitation speed was inverse proportional to DO level ithis simple control device can be used for the DO control of fermenter.

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A Study of Fabrication Techniques of Thin film Photo-Electric Energy Conversion Elements (박막 광전에너지 변환소자의 개발에 관한 연구)

  • 성영권;민남기;성만영;김승배
    • 전기의세계
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    • v.25 no.5
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    • pp.63-69
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    • 1976
  • Among various types of photo-electric energy conversion element which can transfer solar energy into electric energy through the photo voltaic effect, Si solar cells were investigated on photoelectric characteristics, improvements of its efficiency and economical evaluation for its production cost. To study the above subjects, we decided best conditions on fabricating of thin film Si solar cell by epitaxial growth and knew that the thin solar cell by epitaxial growth was more efficient than that by diffusion process. And also higher photo voltaic output was obtained as a effect of SiO as antireflection coating by several methods, i.e. vacuum evaporating techniques of electrode to decrease the contact resistance and to form best ohmic contact, and concentration techniques of sun's ray by lenz or both-sided illumination through special structure for reflection using mirrors.

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The analysis of growth and electrical characteristics of micro-crack with thermal effect in PV module (PV 모듈에서 온도 영향에 의한 micro-crack 성장과 전기적 특성 분석)

  • Song, Young-Hun;Kang, Gi-Hwan;Yu, Gwon-Jong;Ahn, Hyung-Gun;Han, Deuk-Young
    • Proceedings of the KIEE Conference
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    • 2011.07a
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    • pp.1318-1319
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    • 2011
  • In this paper, we analyzed of growth and electrical characteristics of micro-cracks with thermal effect in PV module. The micro-cracks are increasing the breakage risk over the whole value chine from the wafer to the finished module, because the wafer or cell is exposed to mechanical stress. we experimentally analyze the direct impact of micro-cracks on the module power and the consequences after artificial aging. The first step, we made micro-cracks in PV module by mechanical load test according to IEC 61215. Next, PV modules applied the thermal cycling test, because microcracks accelerated aging by thermal cycling test. according to IEC61215. Before every test, we checked output and EL image of PV module.

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A Four-Channel Laser Array with Four 10 Gbps Monolithic EAMs Each Integrated with a DBR Laser

  • Sim, Jae-Sik;Kim, Sung-Bock;Kwon, Yong-Hwan;Baek, Yong-Soon;Ryu, Sang-Wan
    • ETRI Journal
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    • v.28 no.4
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    • pp.533-536
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    • 2006
  • A distributed Bragg reflector (DBR) laser and a high speed electroabsorption modulator (EAM) are integrated on the basis of the selective area growth technique. The typical threshold current is 4 to 6 mA, and the side mode suppression ratio is over 40 dB with single mode operation at 1550 nm. The DBR laser exhibits 2.5 to 3.3 mW fiber output power at a laser gain current of 100 mA, and a modulator bias voltage of 0 V. The 3 dB bandwidth is 13 GHz. A 10 Gbps non-return to zero operation with 12 dB extinction ratio is obtained. A four-channel laser array with 100 GHz wavelength spacing was fabricated and its operation at the designed wavelength was confirmed.

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Development of nonlinear crystals and blue SHG laser

  • Furukawa, Yasunori;Makio, Satoshi;Miyai, Tsuyoshi;Sato, Masayoshi
    • Proceedings of the Korea Association of Crystal Growth Conference
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    • 1996.06a
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    • pp.293-324
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    • 1996
  • Compact solid-state blue laser have great potential for use in optical data storage, laser beam printing, particle countering, reprographics, holography, and fluorescent bioanalysis. We report recent progresses in qualities of LiB3O5 and K3Li2(TaxNb1-x)5O15 nonlinear crystals which are essential in manufacturing bulk-type blue SHG devices. We also review newly developed violet-blue laser, 20 mW output, using intracavity frequency doubling of a diode laser pumped Cr:LiSrAlF6 laser with low loss LiB3O5 crystal as a frequency doubler.

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A Study of Fatigue Damage Model using Neural Networks in 2024-T3 Aluminium Alloy (신경회로망을 이용한 Al 2024-T3 합금의 피로손상모델에 관한 연구)

  • 홍순혁;조석수;주원식
    • Transactions of the Korean Society of Machine Tool Engineers
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    • v.10 no.4
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    • pp.14-21
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    • 2001
  • To estimate crack growth rate and cycle ratio uniquely, many investigators have developed various kinds of mechanical parameters and theories. But, thes have produced local solution space through single parameter. Neural Networks can perform patten classification using several input and output parameters. Fatigue damage model by neural networks was used to recognize the relation between da/dN/N/N(sub)f, and half-value breadth ratio B/Bo, fractal dimension D(sub)f, and fracture mechanical parameters in 2024-T3 aluminium alloy. Learned neural networks has ability to predict both crack growth rate da/dN and cycly ratio /N/N(sub)f within engineering estimated mean error(5%).

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