• 제목/요약/키워드: Rate Effect

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미국 실질실효환율과 단기금리의 중국 수출에 대한 영향 (The Impact of US Real Effective Exchange Rates and Short Term Interest Rates on China's Exports)

  • 호연;정헌용
    • 문화기술의 융합
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    • 제4권4호
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    • pp.155-160
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    • 2018
  • 본 연구는 미국의 실질실효환율과 단기금리가 중국의 수출과 수입에 미치는 영향을 EGARCH-GED 모형을 이용하여 분석하였다. 미국이 금리의 인상을 추진하고 중국과의 무역 전쟁이 심화되는 시점에서 미국 주요 경제변수의 중국 수출과 수입에 대한 효과를 분석하였다. 분석결과, 첫째 중국의 교역량에는 미국 실질실효환율은 유의한 영향을 미치지 않고 미국 단기금리만이 유의한 양의 영향을 미치는 것으로 나타났다. 중국 수출의 경우에도 미국 실질 실효환율은 유의한 영향을 미치지 않고 미국 단기금리만이 유의한 양의 영향을 미쳤다. 그러나 중국 수입의 경우에는 수출과는 반대로 미국 단기금리는 유의한 영향을 미치지 않고 미국 실질실효환율은 유의한 양의 영향을 미치는 것으로 나타났다. 한편 중국 정책금리는 중국 수출에만 유의한 양의 영향을 미치는 것으로 나타났다.

미국 금리의 국제 전파효과에 대한 환율의 역할 (The Role of Exchange Rate in the Spillover Effect of U. S. Interest Rate)

  • 조갑제
    • 무역학회지
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    • 제42권4호
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    • pp.49-68
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    • 2017
  • 본 연구에서는 장기 이자율 결정요인에 관한 개방거시모형을 활용하여 미국의 장기 이자율 변동이 한국의 장기 이자율에 미치는 전파효과의 존재 유무와 환율변동이 그러한 전파효과를 억제할 수 있는지를 분석하였다. 공적분 추정 및 충격반응함수의 분석결과, 미국의 장기 이자율 변동이 한국의 이자율에 대해 미치는 전파효과가 장·단기적으로 존재하며 한·미 금리가 장·단기적으로 동행하는 결과를 보였다. 재정적자의 변화는 우리나라의 국채이자율과 장기적으로 비례 관계를 보였으며 환율의 기대상승률(Ee)의 상승은 단기적으로 한국의 금리를 상승시키는 작용을 하는 것으로 나타났다. 그리고 한국의 외환시장 개입은 한·미 금리간의 전파효과에 유의적인 영향을 주지 않는 것으로 나타났다. 그러므로 환율의 자유로운 변동만으로 미국 금리변동이 한국의 금리에 미치는 전파효과를 억제하기에 충분하지 않은 것으로 파악된다.

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PAR기법을 이용하여 유지보수 영향을 고려한 고장 데이터의 보정기법에 관한 연구 (A Study on Revision Method of Historical Fault Data Considering Maintenance Effect to Use Proportional Aging Reduction(PAR))

  • 추철민;김재철;문종필;이희태;박창호
    • 대한전기학회:학술대회논문집
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    • 대한전기학회 2006년도 추계학술대회 논문집 전력기술부문
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    • pp.9-11
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    • 2006
  • This paper suggests a revision method for historical fault data using Proportional Aging Reduction(PAR) to consider maintenance effect in time-varying failure rate. In order to product time-varying failure rate, the historical fault data are necessary. However, the maintenance record could be left out in historical data by spot operator's mistake. In this case, the failure rate is produced less than the average failure rate for increasing equipments' life-time by maintenance effect. Hence, it is necessary for new time-varying failure rate to extract maintenance effect from the existing fault data. In this paper, the revision method to reduce equipments' life-time, adversely using PAR among three techniques to consider maintenance effect.

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A Numerical Analysis on Thermal Stratification Phenomenon by In-Leakage in a Branch Piping

  • Park Jong-Il
    • Journal of Mechanical Science and Technology
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    • 제19권12호
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    • pp.2245-2252
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    • 2005
  • Thermal stratification in the branch piping of power plants can be generated by turbulent penetration or by valve leakage. In this study, a numerical analysis was performed to estimate the thermal stratification phenomenon by in-leakage in the SIS branch piping of nuclear power plant. Leakage rate, leakage area and leakage location were selected as evaluation factors to investigate the thermal stratification effect. As a result of the thermal stratification effect according to leakage rate, the maximum temperature difference between top and bottom of the horizontal piping was evaluated to be about 185K when the valve leakage rate was about 10 times as much as the allowed leakage rate. For leakage rate more than 10 times the allowed leakage rate, the temperature difference was rapidly decreased due to the increased mixing effect. In the result according to leakage area, the magnitude of temperature difference was shown in order of $3\%,\;1\%\;and\;5\%$ leakage area of the total disk area. In the thermal stratification effect, according to the leakage location, temperature difference when leakage occurred in the lower disk was considerably higher than that of when leakage occurred in the upper disk.

The Impact of Broadband Access on Unemployment Rate in Indonesia 2016-2019

  • SALSABILA, Roghibah;OKTORA, Siskarossa Ika
    • Asian Journal of Business Environment
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    • 제12권3호
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    • pp.23-30
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    • 2022
  • Purpose: This study aims to determine the effect of broadband access, education level, population numbers, and investment on the unemployment rate in Indonesia. Research design, data, and methodology: This study uses panel data from 34 provinces from 2016 to 2019. The analysis uses the fixed-effect model for panel data with the Feasible Generalized Least Square (FGLS) estimation method. Results: Broadband access has a negative and significant effect on the unemployment rate. Mean years of school, population, and foreign direct investment also have a negative and significant impact on the unemployment rate. In contrast, the domestic direct investment variable has a positive and significant effect. Conclusion: The availability of broadband access in an area allows easier and faster access to information. The ease of access to such information can affect producing goods and services, encouraging innovation and employment growth, and reducing the unemployment rate. This research recommends that the government intensify the Indonesia Broadband Plan policy to accelerate the development and equitable distribution of broadband access in all regions of Indonesia.

Analysis of the Fume Generation Rates in the Flux Cored Arc welding

  • Chae, H.B.;Kim, J.H.;Yang, S.C.
    • International Journal of Korean Welding Society
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    • 제1권1호
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    • pp.71-77
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    • 2001
  • The characteristics of the fume generation in a flux cored arc welding were investigated using the fume collection chamber developed. The Korean Standard concerning the method for the evaluation of the fume generation rate(FGR) was updated by the evaluation method obtained through this study. It was found that the effect of humidity in the test environment should be considered and the automatic welding method had to be employed for the purpose of the exact evaluation of the fume generation rate. The results showed that the fume generation rate was influenced by the welding parameters. The important factors were the welding current arc voltage, travel speed, and contact tip to work distance(CTWD) that affected the heat input as well as the torch angle and the shielding gas flow rate that influenced the shielding effect. The fume generation rate increased as the heat input increased and the shielding effect decreased. It was also observed that the effect of the welding current is much grater than the other welding parameters.

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한국어 발화 속도의 지역, 성별, 세대에 따른 특징 연구 (Speech rate in Korean across region, gender and generation)

  • 이나라;신지영;유도영;김경화
    • 말소리와 음성과학
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    • 제9권1호
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    • pp.27-39
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    • 2017
  • This paper deals with how speech rate in Korean is affected by the sociolinguistic factors such as region, gender and generation. Speech rate was quantified as articulation rate (excluding physical pauses) and speaking rate (including physical pauses), both expressed as the number of syllables per second (sps). Other acoustic measures such as pause frequency and duration were also examined. Four hundred twelve subjects were chosen from Korean Standard Speech Database considering their age, gender and region. The result shows that generation has a significant effect on both speaking rate and articulation rate. Younger speakers produce their speech with significantly faster speaking rate and articulation rate than older speakers. Mean duration of total pause interval and the total number of pause of older speakers are also significantly different to those of younger speakers. Gender has a significant effect only on articulation rate, which means male speakers' speech rate is characterized by faster articulation rate, longer and more frequent pauses. Finally, region has no effect both on speaking and articulation rates.

The Relationship Between Non-Interest Revenue and Sustainable Growth Rate: A Case Study of Commercial Banks in Jordan

  • AL-SLEHAT, Zaher Abdel Fattah;ALTAMEEMI, Arshed Fouad
    • The Journal of Asian Finance, Economics and Business
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    • 제8권5호
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    • pp.99-108
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    • 2021
  • As expansion of interest income business faces several limitations, non-interest revenue can play a vital role in increasing the net profit margin and the productivity of the assets to sustain the growth rate. This study aims to analyze the Effect level (partial or total) of a bank's size on the relationship between non-interest revenue and the sustainable growth rate of Jordanian commercial banks. Baron and Kenny's methodology (1986) was adopted to test and analyze the effect of non-interest revenue: including the bank's size, on the sustainable growth rate during the period from 2008-2019. Data collection was done for thirteen commercial banks which constituted 100% of the study population. Testing four hypotheses by using Amos program and a regression model to diagnose the partial and total effect of size. Findings indicate that there is a nonlinear relationship between Non-IR and SGR due to the total effect of bank size on the sustainable growth rate. The results of this study is expected to enable the banks to diversify their revenue to support financial performance towards healthy growth without facing additional financial problems. This study adopted a different methodology from the prior efforts, by using the mediation effect role to verify the effect of non-interest revenue.

기후인자를 고려한 배전계통 설비의 시변 고장률 추정 (Measurement of Time-Varying Failure Rate for Power Distribution System Equipment Considering Weather Factor)

  • 김재철
    • 조명전기설비학회논문지
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    • 제23권8호
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    • pp.14-20
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    • 2009
  • 본 논문에서는 배전 시스템을 구성하는 기기들에 대한 설치 현황자료와 고장 자료 및 전국 지점을 대상으로 한 설문조사 자료를 이용하여 기후별 고장률을 예측하였다. 같은 종류의 배전 설비라 하더라도 그 설비가 설치되어 있는 기후 상태에 따라서 고장률은 다르게 나타날 수 있다. 그러므로 배전기기의 고장률을 설비관리나 최적 투자 계획의 운용에 사용하기 위해서는 대상 설비가 설치된 기후 특성을 고려해야 하며 이를 위해 기후 특성을 고려한 고장률 예측이 요구된다고 할 수 있다. 기후특성분석을 위하여 한국전력공사의 전국지점을 대상으로 기후 특성(호우, 낙뢰, 강풍, 해일, 특징 없음)으로 구분하여 설문조사를 실시하였고 기후 특성에 따른 영향도를 분석하였고 고장률 추정 알고리즘을 제안하였다.

The Effect of High-Skilled Emigration, Foreign Direct Investment, and Policy on the Growth Rate of Source Countries: A Panel Analysis

  • Kim, Jisong;Lee, Nah Youn
    • East Asian Economic Review
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    • 제20권2호
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    • pp.229-275
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    • 2016
  • We study the effect of the high-skilled emigration rate on the growth rate of the source countries. We incorporate the foreign direct investment and the policy variables into the panel model and also their interactions with the high-skilled emigration rate, as they are related to the network externality that may be created by the high-skilled emigrants working abroad. We apply the static fixed-effects model and compare it with the results obtained in the dynamic panel model with system generalized methods of moments estimators. We find the negative effect of the high-skilled emigration rate by itself and in its interaction with the foreign direct investment only in the dynamic model. However, we find positive coefficient for the interaction of the high-skilled emigration rate and the civil liberties index, which holds across the static and dynamic specifications. This implies that the effect of the high-skilled emigration rate on the growth rate of the source countries can be positive, and the extent is larger for countries with 'poor' civil liberties. The developing countries with low levels of foreign direct investment inflows and 'poor' civil liberties can best benefit from the high levels of skilled emigration outward. Through finding significant interactions with other variables, we confirm that the high-skilled emigration should be considered along with other related variables in measuring its impact on growth. The implications offer suggestions for the international trade and aid policies.