• The Journal of Asian Finance, Economics and Business
• /
• v.9 no.5
• /
• pp.313-324
• /
• 2022

We investigate the impacts of tariff, tariff-rate quota, conformity assessment, and traceability requirements set by the rice importers using panel data of 17 rice exporters exporting to 119 countries in two years 2015 and 2018, using both Ordinary least square (OLS) and Poisson pseudo maximum likelihood (PPLM) methods. Results from our gravity models strongly indicate that tariff and tariff rate quota remain significantly detrimental to the world's rice exporters because these measures place downward pressure on the rice exporters' prices and the importers' import quantity, creating barriers to market participation. Our study also provides strong evidence about the role of origin certificates in allowing rice exporters to gain access to foreign markets. Meanwhile, regulatory standards such as traceability requirements and logistical and distributional requirements imposed by the rice importers are found to be major obstacles to rice importation from less-developed countries. Our study provides insights into tariff and non-tariff barriers existing in the global rice market, which is likely to assist policymakers operating in developing countries to help shape their policies and bolster rice competitiveness.

• Journal of the Earthquake Engineering Society of Korea
• /
• v.27 no.1
• /
• pp.13-24
• /
• 2023

In this study, alternative seismic force-resisting systems for plant structure supporting equipment were designed, and the seismic performance thereof was compared using nonlinear dynamic analysis. One alternative seismic force-resisting system was designed per the requirement for ordinary moment-resisting and concentrically braced frames but with a reduced base shear. The other seismic force-resisting system was designed by accommodating seismic details of intermediate and unique moment-resisting frames and special concentrically braced frames. Different plastic hinge models were applied to ordinary and ductile systems based on the validation using existing test results. The control model obtained by code-based flexible design and/or reduction of base shear did not satisfy the seismic performance objectives, but the alternative structural system did by strengthened panel zones and a reduced effective buckling length. The seismic force to equipment calculated from the nonlinear dynamic analysis was significantly lower than the equivalent static force of KDS 41 17 00. The comparison of design alternatives showed that the seismic performance required for a plant structure could be secured economically by using performance-based design and alternative seismic-force resisting systems adopting minimally modified seismic details.

• The Journal of Asian Finance, Economics and Business
• /
• v.9 no.1
• /
• pp.203-211
• /
• 2022

Foreign direct investment (FDI) has increased at an exponential rate during the last two decades. It is now a feature of emerging market economies as well. Foreign direct investment and financial development are important factors in an economy's growth. Various studies have examined the impact of foreign direct investment and financial development on economic growth in different countries and areas. However, the findings are currently inconclusive. Using updated data from 1970 to 2020, this study will examine the relationships between FDI, financial development, and economic growth in 30 rising economies.GDP is the dependent variable, while FDI, financial development, trade openness, infrastructure, exchange rate, and GDP growth are the independent factors. To estimate the panel data, we used the most recent econometric models. The study's major findings suggest that FDI and financial development are critical determinants in emerging economies' economic progress. Furthermore, multiple robustness checks supported the study's empirical findings. The results of this study include various practical recommendations for investors, governments, and policymakers, given the increased interest in global economic integration and member states' reliance on FDI as a critical aspect of sustaining prosperity.

• Proceedings of the Korea Water Resources Association Conference
• /
• 2020.06a
• /
• pp.186-186
• /
• 2020

본 연구에서는 IPCC (Intergovernmental Panel on Climate Change) 6차 평가보고서(6th Assessment Report, AR6)에서 제시한 새로운 온실가스 경로(SSP, Shared Socioeconomic Pathways)에 따라 산출된 전지구 기후변화 시나리오를 이용하여 제주도의 미래 강수량 변화를 살펴보고자 한다. 기상청에서 운영하는 기후정보포털(http://www.climate.go.kr/)에서는 6가지 기상요소(평균기온, 최고기온, 최저기온, 강수량, 상대습도, 풍속 등)에 대하여 SSP 시나리오 자료를 제공하고 있다. SSP 시나리오는 SSP1-2.6 저탄소 시나리오(사회 불균형의 감소와 친환경 기술의 빠른 발달로 기후변화 완화, 적응능력이 좋은 지속성장가능 사회경제 구조)와 SSP5-8.5 고탄소 시나리오(기후정책 부재, 화석연료 기반 성장과 높은 인적 투자로 기후변화 적응능력은 좋지만 완화능력이 낮은 사회경제 구조)로 구분되어 제공되고 있다. 또한, 현재의 기후 상태를 모의하는 historical period (1850-2014) 자료와 미래의 기후상태를 모의한 future period (2015-2100) 자료가 있으며, 월별(momthly), 연간(yearly) 자료의 형태로 제공된다. 본 연구를 통하여 새로운 SSP 시나리오를 이용한 제주도 강수량의 미래 변화를 정량적으로 분석하였고, 기후변화에 능동적인 대책을 수립하는데 도움이 될 것으로 판단된다.

• Journal of Distribution Science
• /
• v.21 no.8
• /
• pp.23-34
• /
• 2023

Purpose: To examine the economic effects of logistics under the influence of policies. Research design, data and methodology: This study is the first to use the panel data of 31 provinces and municipalities in China from 2012 to 2021, and use the OLS and DID models to evaluate whether the New Western Land-Sea Corridor (NWLSC) has promoted the economic development of the regions along the corridor. Results: The NWLSC has stimulated local economic growth by promoting the development of transportation, postal, and telecommunications industries along the corridor. Further, considering the locational differences of the regions along the NWLSC, we examined the differences in economic effects between regions along the Yangtze River and those not along the Yangtze River under the background of NWLSC implementation. We found that waterway and airway transport located along the NWLSC and in the Yangtze River Economic Belt (YREB) region can significantly promote economic growth. However, for regions located along the NWLSC but not in the YREB region, the impact of roadway, railway, and airway transport in these regions on economic growth is more significant. Conclusions: This study has important reference value on how to use logistics to promote the economic and cross-border commerce development of landlocked countries or regions.

• Proceedings of the Korea Water Resources Association Conference
• /
• 2022.05a
• /
• pp.410-410
• /
• 2022

기후변화에 관한 정부간 협의체(Intergovernmental Panel on Climate Change, IPCC)에서는 지난해부터 제6차 평가보고서(Sixth Assessment Report, AR6)를 준비하고 있으며, 최근 Working Group II에서 수행한 기후변화 영향, 적응 및 취약성(Impacts, Adaptation and Vulnerability) 보고서를 공개하였다. 보고서는 기존의 Representative Concentration Pathway (RCP) 시나리오에 사회경제적 조건을 추가로 고려한 Shared Socioeconomic Pathway (SSP) 시나리오를 제시하였고, 세계기후연구프로그램(World Climate Research Programme, WCRP)의 Coupled Model Intercomparison Project (CMIP)에서 제공하는 6단계(Phase 6) 미래 전망 자료를 적용하였다. 본 연구에서는 기후변화로 인한 미래 극한 강우량의 통계적 특성을 파악하기 위하여 CMIP6에서 제공하는 General Circulation Models (GCMs) 기반 미래 강우자료를 수집하여 부산광역시를 중심으로 분석하였다. 4개의 SSP (SSP126, SSP245, SSP370, SSP585) 시나리오별로 10개 GCMs의 모의 결과를 사용하였다. Gumbel 분포형과 확률가중모멘트법을 이용하여 미래 극한 강우량을 산정하였고, 현재 모의기간(S0, 1983-2014) 대비 미래 전망기간(S1, 2015-2044; S2, 2041-2070; S3, 2071-2100)의 변화를 재현기간(return period, T)별로 분석하여 제시하였다.

• Journal of Distribution Science
• /
• v.22 no.6
• /
• pp.1-10
• /
• 2024

Purpose: This study's objective is to examine the impact of firm-specific and macroeconomic factors on the business performance of non-cyclical and cyclical sectors in Indonesian listed firms. The evaluation of business performance holds paramount importance for the achievement and long-term viability of a company. Research Design Data and Methodology: The data for 61 non-cyclicals sector companies and 57 cyclicals sector companies was gathered over a 4-year period from 2018-2021. The model integrates firm size, leverage, and sales growth as firm-specific factors, with real GDP growth and inflation rate as macroeconomic variables. ROA and ROE are indicators of a firm's business performance. The regression models are estimated using the distribution of a dynamic approach with Arellano-Bond Panel Generalized Method of Moments (GMM) estimation. Results: The results of the pooled sample indicate that the historical ROA and ROE have a positive relationship with the business performance of all sectors, including both non-cyclical and cyclical industries. The ROE of non-cyclical enterprises is primarily influenced by firm-specific characteristics and macroeconomic influences. Conclusion: To ensure the successful implementation of the distribution of a dynamic approach towards enhancing corporate business performance, organizations need to take into account a combination of firm-specific factors and macroeconomic factors.

• Structural Engineering and Mechanics
• /
• v.89 no.3
• /
• pp.239-252
• /
• 2024

Steel plate shear walls (SPSWs) are classified as lateral load-resisting systems. The feasibility of openings in the steel plate is a characteristic of SPSWs. The use of openings in SPSWs can lower the load capacity, stiffness, and energy dissipation. This study proposes a novel form of SPSWs that provides convenient access through openings by combining steel plates and eccentrically braced frames (EBFs). The proposed system also avoids a substantial reduction in the strength and stiffness. Hence, various geometric forms were analyzed through two different structural approaches. Groups 1, 2, and 3 included a steel EBF with a steel plate between the column and EBF in order to improve system performance. In Group 4, the proposed system was evaluated within an SPSW with openings and an EBF on the opening edge. To evaluate the performance of the proposed systems, the nonlinear finite element method (NL-FEM) was employed under cyclic loading. The hysteresis (load-drift) curve, stress contour, stiffness, and damping were evaluated as the structural outputs. The numerical models indicated that local buckling within the middle plate-EBF connection prevented a diagonal tension field. Moreover, in group 4, the EBF and stiffeners on the opening edge enhanced the structural response by approximately 7.5% in comparison with the base SPSW system.

• Journal of agricultural medicine and community health
• /
• v.49 no.1
• /
• pp.59-70
• /
• 2024

Objectives: This research analyzed and compared housing transaction prices and depression rates according to housing types before and after the COVID-19 pandemic. Methods: Data on housing transaction prices and depression rates from 2018 to 2022 in 25 districts of Seoul, South Korea, were utilized. Dummy variables were employed to account for potential confounders influencing the relationship between the variables. Statistical analysis was conducted using R, and the relationship between depression rates and housing transaction prices was examined through Ordinary Least Squares (OLS) and panel data regression analysis. Results: The results of OLS and one-way random effects models indicated a significant relationship between apartment (p<.05) and officetel (p<.001) transaction prices and depression. However, detached/semi-detached and row/townhouse transaction prices did not exhibit a significant relationship with depression. Conclusion: It was observed that as apartment and officetel transaction prices increased in Seoul before and after the COVID-19 pandemic, depression rates also increased. Considering that changes in housing prices by housing type in South Korea may impact the mental health of local residents, it is deemed necessary to consider healthy housing and housing prices as comprehensive determinants of mental health.

• Structural Engineering and Mechanics
• /
• v.90 no.3
• /
• pp.273-285
• /
• 2024

Tapered girders emerged as an economical remedy for the challenges associated with constructing long-span buildings. From an economic standpoint, these systems offer significant advantages, such as wide spans, quick assembly, and convenient access to utilities between the beam's shallow sections and the ceiling below. Elastic-local buckling is among the various failure modes that structural designers must account for during the design process. Despite decades of study, there remains a demand for efficient and comprehensive procedures to streamline product design. One of the most pressing requirements is a better understanding of the tapered web plate girder's local buckling behavior. This paper conducts a comprehensive numerical analysis to estimate the critical buckling coefficient for simply supported tapered steel web plates, considering loading conditions involving compression and bending stresses. An eigenvalue analysis was carried out to determine the natural frequencies and corresponding mode shapes of tapered web plates with varying geometric parameters. Additionally, the study highlights the relative significance of various parameters affecting the local buckling phenomenon, including the tapering ratio of the panel, normalized plate length, and ratio of minimum to maximum compressive stresses. The regression analysis and optimization techniques were performed using MATLAB software for the results of the finite element models to propose a separate formula for each load case and a unified formula covering different compression and bending cases of the elastic local buckling coefficient. The results indicate that the proposed formulas are applicable for estimating the critical buckling coefficient for simply supported tapered steel web plates.