• Journal of Korea Society of Industrial Information Systems
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• v.18 no.4
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• pp.61-72
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• 2013

The relationship between export growth and economic growth in developing countries has been one of the main issues in the growth theory field. Many of empirical studies have been done during the last three decades in order to investigate the export-led growth hypothesis using either time-series or cross-sectional data mainly in developing countries. This paper applies cointegration and error correction models to test causal relationship between export growth and economic growth in the Korean 8 manufacturing industries using the industrial time-series quarterly data over 1975-2010. The export-output relationship is tested by including industrial capital stock and the industrial labor force as exogenous variables. The cointegration and error-correction modelling technique with industrial export and output data have showed the strong evidence that there is a bi-directional causality between industrial export and industrial output in 6 manufacturing industries except wood & pulp and nonmetallic industries.

• Journal of Information Technology Applications and Management
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• v.31 no.4
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• pp.75-97
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• 2024

This paper conducts the input-output structural decomposition analysis on the growth of ICT industry during year 2000~2019. The novel feature of this study is to dissect the economy-wide collective growth contributions into industry by industry contributions. The main results are as follows. First, the growth of ICT manufacturing industry has excessively depended on its own export and import-substitution of intermediate goods, while the growth of ICT service industry has heavily depended on its own domestic final goods demand. Second, for the growth of ICT manufacturing industry, its own contribution is about 79%, and the contributions of non-ICT service and manufacturing industries respectively are 11% and 9%, but the contribution of ICT service industry is only about 1%. For the growth of ICT service industry, its own contribution is about 61%, and the contributions of non-ICT service and non-manufacturing industries respectively are about 33% and 5%, but, surprisingly, the contribution of ICT manufacturing industry is less than 1%. Third, the contributions of non-ICT manufacturing and service industries to the growth of both ICT industries have been done mainly through increase in export and domestic final goods demand together with change in the structure of input technology.

• KDI Journal of Economic Policy
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• v.39 no.2
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• pp.25-51
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• 2017

This paper employs an Overlapping Generations Model to quantify the impacts of Korea's demographic transition toward an older population on the total output growth rate. The model incorporates the projected population through 2060 according by Statistics Korea. The effects of the low fertility and increased life expectancy rates are studied. The model is considered suitable for analyzing the effects of demographic changes on the Korean economy. Under the assumption that the TFP growth rate will not slow considerably in the future, remaining at 1.3% per annum, the gross output growth rate of the Korean economy is projected to slow to 1.1% per annum in the 2050s, from 4.0% in the 2000s. The shrinking workforce due to the decline in fertility plays a significant role in the deceleration of the Korean economy. The increased life expectancy rate is expected to mitigate the negative effect, but the magnitude of its effect is found to be limited.

• Current Photovoltaic Research
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• v.8 no.4
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• pp.124-128
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• 2020

Output power of photovoltaic (PV) modules installed outdoors decreases every year due to environmental conditions such as temperature, humidity, and ultraviolet irradiations. In order to promote the installation of PV modules, the reliability must be guaranteed. One of the important factors affecting reliability is intermetallic compounds (IMC) layer formed in ribbon solder joint. For this reason, various studies on soldering properties between the ribbon and cell have been performed to solve the reliability deterioration caused by excessive growth of the IMC layer. However, the IMC layer of the PV module interconnected by multi-wires has been studied less than using the ribbon. It is necessary to study soldering characteristics of the multi-wire module for improvement of its reliability. In this study, we analyzed the growth of IMC layer of the PV module with multi-wire and the degradation of output power through damp-heat test. The fabricated modules were exposed to damp-heat conditions (85 ºC and 85 % relative humidity) for 1000 hours and the output powers of the modules before and after the damp-heat test were measured. Then, the process of dissolving ethylene vinyl acetate (EVA) as an encapsulant of the modules was performed to observe the IMC layer. The growth of IMC layer was evaluated using OM and FE-SEM for cross-sectional analysis and EDS for elemental mapping. Based on these results, we investigated the correlation between the IMC layer and output power of modules.

• Journal of the Economic Geographical Society of Korea
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• v.20 no.1
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• pp.1-15
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• 2017

This paper analyzes empirically how the three main industries (petrochemical industry, shipbuilding industry, automobile industry) that are driving the growth of Ulsan region in 2005~2013 have grown by what factors. For this purpose, we investigate the structural changes of the three main industries by using regional input-output tables announced by the Bank of Korea and examine the growth contribution rate of each industry that is divided into domestic final demand, export demand, import substitution for final goods, import substitution for intermediate goods and technological change, respectively. The growth rate of gross output and aggregate demand in petrochemical and automobile industries increased in 2010-1013 compared to 2005-2010, but the growth rate of gross output and aggregate demand in shipbuilding industry slowed down. As a result of analysis of factors contributing to the increase in gross output of the three main industries, export demand has the greatest effect. By industry, the rate of growth contribution of export demand in petrochemical industry is recorded as 209.23% in 2005-2010 and 113.78% in 2010-2013, respectively. The rate of growth contribution of export demand in automobile industry is recorded as 258.72% in 2005-2010 and 72.69% in 2010-2013, respectively. On the other hand, the rate of growth contribution of export demand in shipbuilding industry is recorded as 94.47% in 2005-2010, but it decreased to -255.32% in 2010-2013. Analysis of growth factors of Ulsan's three main industries is expected to serve as the basis for reorganizing related industrial policies and establishing them.

• The Journal of Asian Finance, Economics and Business
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• v.9 no.1
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• pp.153-166
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• 2022

The study estimates the Structured VAR and the Dynamic Stochastic General Equilibrium Model for the Vietnamese economy based on the new Keynesian model for small and open economies, with the output gap, inflation, policy interest rate, the Vietnamese exchange rate, and the inflation and interest rate in the United States. The paper aims to clarify the impulse response of the macro variables through their shocks. It offers to model the SVAR and DSGE processes, as well as describe why and how interest rate policy is important in the impulse response of macro variables like the output gap and inflation process. The study supports the central role of monetary policy by giving empirical evidence for the new Keynesian theory, according to which an interest rate shock causes the output gap to widen and inflation to decrease. Finally, the application of the DSGE model is becoming more and more popular in the State Bank of Viet Nam to improve its policy planning, analyzing, and forecasting policy towards sustainable and stable growth.

• Journal of Information Science Theory and Practice
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• v.3 no.3
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• pp.75-80
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• 2015

Methods and Material: The PubMed database was used for retrieving data on 'cancer biology.' Articles were downloaded from the years 2000 to 2011. The articles were classified chronologically and transferred to a spreadsheet application for analysis of the data as per the objectives of the study. Statistical Method: To investigate the nature of growth of articles via exponential, linear, and logistics tests. Result: The year wise analysis of the growth of articles output shows that for the years 2000 to 2005 and later there is a sudden increase in output, during the years 2006 to 2007 and 2008 to 2011. The high productivity of articles during these years may be due to their significance in cancer biology literature, having received prominence in research. Conclusion: There is an obvious need for better compilations of statistics on numbers of publications in the years from 2000 to 2011 on various disciplines on a worldwide scale, for informed critical assessments of the amount of new knowledge contributed by these publications, and for enhancements and refinements of present Scientometric techniques (citation and publication counts), so that valid measures of knowledge growth may be obtained. Only then will Scientometrics be able to provide accurate, useful descriptions and predictions of knowledge growth.

• Proceedings of the KIEE Conference
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• 2000.07c
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• pp.1954-1956
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• 2000

In this paper, when void of XLPE was existed, electrical tree was growth in branch-type, and it was growth in bush-type when void of XLPE was not existed. Moreover, charge magnitude of partial discharge by deterioration time of XLPE sample was about proportion to output voltage of AE signals. When void was existed, charge magnitude of partial discharge, the output voltage Vp-p value of AE signals were increased with increasing deterioration time. However, when void were not existed, charge magnitude of partial discharge, the output voltage Vp-p value of AE signals were increased in fast deterioration time, but it were decreasing at after in middle deterioration time. Frequency spectrum response of AE signal was about 100-250[kHz].

• Journal of Climate Change Research
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• v.7 no.1
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• pp.59-68
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• 2016

The world's major countries have focused on the renewable energy industry as the solution to climate change and the energy crisis. Nevertheless, there are no studies on the economic effects of the renewable energy industry. This study analyzed the economic effects of Korea's renewable energy industry by using the 2010 Input-Output Table. It is estimated that Korea's renewable energy industry made a production-induced effect of 2.0262 won, and a value-added-induced effect of 0.6138 won through an increase in output growth of 1 won, and an employment-induced effect of 2.3046 labors through an increase in output growth of 1 billion won. Both the effect ratio and the response ratio were greater than 1, which means the renewable energy industry is an intermediate manufacturing industry whose forward linkage effect and backward linkage effects are large. These results show differences with previous studies that classified electricity sector and renewable energy industry into final primary production industries. It is expected that the economic effects of the renewable energy industry will become greater in the future. Therefore, research on statistics related to the renewable energy industry is needed for more precise analysis.

• Journal of Technology Innovation
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• v.11 no.2
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• pp.151-173
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• 2003

This paper analyses the efficiency and productivity of R&D system across time (1991${\sim}$2000) and 16 OECD countries using multi-output and multi-input non-parametric frontier methods such as DEA (data envelopement analysis) and Malmquist productivity indexes. Malmquist productivity indexes are decomposed into two components measures, namely technical change and efficiency change. To calculate R&D efficiency and productivity, we used R&D stock and the number or researchers as R&D input proxies and the number of adjusted SCI papers and U.S. patent applications as R&D output proxies. Empirical result shows that Switzerland, Canada, U.S., Australia's R&D efficiencies are the highest and Korea's R&D productivity growth is the highest in the sample for the period. Technical efficiency growth was a more important source of productivity growth than technological innovation.