• East Asian Journal of Business Economics (EAJBE)
• /
• v.4 no.4
• /
• pp.1-7
• /
• 2016

This paper has studied the impacts of the exchange rate, government debt as a percent of GDP and other relevant macroeconomic variables on aggregate output in the Philippines. A simultaneous-equation model consisting of aggregate demand and short-run aggregate supply is applied. The dummy variable technique is employed to detect whether the slope and intercept of the real effective exchange rate may have changed. Real depreciation during 1998.Q1 - 2006.Q3, real appreciation during 2006.Q4 - 2016.Q1, a lower domestic debt as a percent of GDP, a lower real interest rate, a higher stock price or a higher lagged real oil price would raise aggregate output. Recent trends of real peso appreciation, declining domestic debt as a percent of GDP, lower real interest rates, and rising stock prices are in line with the empirical results and would promote economic growth. The authorities may need to continue to pursue fiscal prudence and maintain a stronger peso as the positive effect of real appreciation dominates its negative effect in recent years.

• Journal of the Korean Institute of Illuminating and Electrical Installation Engineers
• /
• v.28 no.5
• /
• pp.82-91
• /
• 2014

The combined generator system by integrating several renewable energy sources can share the electrical infrastructure and therefore have the advantage of constructing not only the transmission system but also the power conversion system. Among the various combined renewable system, the wind power and wave power has a high possibility of future growth due to the economic feasibility in offshore environment. This kind of large-scale combined systems might be follow the determination by the transmission system operator's directions and control the output profile by focusing at PCC. However, both renewable energies are depend on the unpredictable environmental variation; it is needed to do the compensation devices. In this paper, the ESS compensation plan is proposed to do output determination of the combined generator system by paying attention to active power of utility grid with the analysis of the controllable elements of the wind and wave power generator. The improvement of the new application technique of the combined system is confirmed through using the PSCAD/EMTDC. The entire simulation process was designed by adopting the active power control according to the reference signal of TSO.

• Journal of the Korea Safety Management & Science
• /
• v.14 no.4
• /
• pp.313-319
• /
• 2012

SW industry is important at entire industry in Korea and also one of new growth engine industry. This paper deals with the economic effect of SW industry through input-output analysis. We reconstruct the SW industry by extracting and combining SW portion from other industries of the inter-industry relation table. We obtain that production inducement coefficients, value added inducement coefficients, employment inducement coefficients, and job position inducement coefficients are higher than average inducement coefficients of all industries.

• Annual Conference of KIPS
• /
• 2023.05a
• /
• pp.687-688
• /
• 2023

Bone age assessment is a crucial task in pediatric radiology for assessing growth and development in children. In this paper, we explore the potential of Vision Transformer, a state-of-the-art deep learning model, for bone age assessment using X-ray images. We generate heatmap outputs using a pre-trained Vision Transformer model on a publicly available dataset of hand X-ray images and show that the model tends to focus on the overall hand and only the bone part of the image, indicating its potential for accurately identifying the regions of interest for bone age assessment without the need for pre-processing to remove background noise. We also suggest two methods for extracting the region of interest from the heatmap output. Our study suggests that Vision Transformer holds great potential for bone age assessment using X-ray images, as it can provide accurate and interpretable output that may assist radiologists in identifying potential abnormalities or areas of interest in the X-ray image.

• Asian Journal of Business Environment
• /
• v.14 no.1
• /
• pp.23-30
• /
• 2024

Purpose: The purpose of this research is to explore the macroeconomic model through both static and dynamic equations. The primary objective of this study is to investigate the variations in the elasticity of substitution across changing economic variables within the framework of the Allen-Uzawa production functions. Research, design, data and methodology: The data were drawn from the World Bank's annual central statistical office database from 2010 to 2021 in the United States of America. The level of expenditures and of the public finance sector, macroeconomic data like output, inflation rates, and labor are examined. Results: This study demonstrates the interaction of two equations, clarifying that the macroeconomic model is practical to determining the stability of both static and dynamic equation systems analytically. The Allen-Uzawa equations allow for the verification of macroeconomic model properties, and study results demonstrate an increase in the range of capital uses as a form of mechanization. A constant elasticity of substitution function is derived from the macroeconomic variables. Conclusion: The macroeconomic model, though the analysis of the static and dynamic Allen - Uzawa model, not only facilitates the examination of long-term trends in crucial endogenous variables but also overcomes challenges commonly associated with other mathematical methods. Overall, the analysis promotes economic growth, investment, and employment. The levels of expenditures and the public finance sector, along with macroeconomic data such as output, inflation rates, and labor, are examined.

• Korean Journal of Agricultural Science
• /
• v.50 no.4
• /
• pp.869-881
• /
• 2023

A genetic improvement program in Korea was implemented to improve the performance of Hanwoo cattle by generating livestock with genetically desirable economic characteristics. In particular, in response to external changes, such as the expansion of Free Trade Agreement (FTA), the livestock genetic improvement program has increased farm income by improving the productivity and quality of Hanwoo cattle. Using production cost data from Statistics Korea, the total input and output indices of Hanwoo feeding cattle from 2008 - 2021 were estimated and the growth and productivity changes were analyzed. The productivity change measures results were used to estimate the cumulative effects of the Hanwoo genetic improvement program on quality improvement, another purpose of the program, using a finite distributed lag model. The average annual increase in output (market weight) of Hanwoo was 0.9%. However, total input increased by 1.6%, resulting in a 0.6% decline in total factor productivity. In contrast, the Hanwoo genetic improvement program contributed significantly to the production of high quality beef, rather than contributing to improved productivity of the cattle. Hanwoo carcass weight, which is used as a performance indicator for the livestock genetic improvement program, has significantly improved and is projected to increase at a slower rate. The collective findings indicate the need for new performance indicators that can comprehensively indicate the performance of the genetic improvement of Hanwoo.

• Journal of Agricultural Extension & Community Development
• /
• v.20 no.2
• /
• pp.315-339
• /
• 2013

This study aims to suggest methods to estimate the agriculture related added value created in the agricultural production sector and the up/downstream agribusiness of Chungcheongnam-do by using the transaction table at producer's price, the domestic transaction table, the wholesale-retail profit table and the freight charge table in the input-output tables, and further aims to estimate regional and industrial agriculture related added values created in the agricultural production sector and the agribusiness of Chungcheongnam-do by using the input-output tables of the year 2005. This thesis suggests the consideration of overall and holistic policy regarding public welfare facilities in healthcare, commission sale market places for fishery products, fishery processing factories, processing factories for medicines, cosmetics, feedstuff, and tobacco leaves and the innovative distribution system with regard to wholesale/retail that Chungnam lacks in. It is also proposed to make comprehensive and cohesive policy to enhance growth and competitiveness of agricultural, forestry and fishery industry.

• Journal of the Institute of Convergence Signal Processing
• /
• v.11 no.1
• /
• pp.80-87
• /
• 2010

The method of function synthesis is essential when we control the systems not known their characteristic, by predicting the function to satisfy a relation between input and output from the given pairs of input-output data. In general the most systems operate non-linearly, it is easy to come about problem is composed with combinations of parameter, constant, condition, and so on. Genetic programming is proposed by one of function synthesis methods. This is a search method of function tree to satisfy a relation between input and output, with appling genetic operation to function tree to convert function into tree structure. In this paper, we indicate problems of a function synthesis method by an existing genetic programming propose four type of new improved method. In other words, there are control of function tree growth, selection of local search method for early convergence, effective elimination of redundancy in function tree, and utilization of problem characteristic of object, for preventing function from complicating when the function tree is searched. In case of this improved method, we confirmed to obtain superior structure to function synthesis method by an existing genetic programming in a short period of time by means of computer simulation for the two-spirals problem.

• Nuclear Engineering and Technology
• /
• v.53 no.2
• /
• pp.637-646
• /
• 2021

The free-piston Stirling engine (FPSE) has been widely used in aerospace owing to its advantages of high efficiency, high reliability, and self-starting ability. In this paper, a 20-kW FPSE is proposed by analyzing the requirements of space nuclear power reactor. A code was developed based on an improved simple analysis method to evaluate the performance of the proposed FPSE. The code is benchmarked with experimental data, and the maximum relative error of the output power is 17.1%. Numerical results show that the output power is 21 kW, which satisfies the design requirements. The results show that: a) reducing the pressure shell's thickness can improve the output power significantly; b) the system efficiency increases with the wire porosity, while the growth of system efficiency decreases when the porosity is higher than 80%, and system efficiency exhibits a linear relationship with the temperatures of the cold and hot sides; c) the system efficiency increases with the compression ratio; the compression ratio increases by 16.7% while the system efficiency increases by 42%. This study can provide valuable theoretical support for the design and analysis of FPSEs for space nuclear power reactors.

• Journal of Korean Society of Industrial and Systems Engineering
• /
• v.45 no.4
• /
• pp.142-149
• /
• 2022

This study attempts to analyze the economic impact of the service robot industry using Input-Output analysis, which is conducted based on Demand-driven model, the Leontief price model, the Backward and Forward Linkage Effects, and the Exogenous Methods. In a Demand-driven model analysis, we can conclude that the service robot industry contains characteristics of both the manufacturing industry and the service industry, which causes a positive impact on the overall industry by compensating for the weaknesses of the two industries. The Leontief price analysis indicates when wages in the service robot industry increase, prices related to robot manufacturing also increase. Also, when profits in the service robot industry increase, prices related to service provision increase, too. The Backward and Forward Linkage Effects analysis shows that the service robot industry is highly sensitive to the current economic condition and has a great influence on the service industry. The service robot industry can highlight the aspect of service characteristics when the manufacturing industry is in recession and vice versa. In addition, the service robot industry can be regarded as a value-adding and domestic economy promoting industry which utilizes knowledge of information and communication technologies. It is important to foster the service robot industry in South Korea, which is in economic recession to provide an opportunity to stimulate the growth of both service and robot industries.