• Title/Summary/Keyword: Relative impulse

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Exports of SMEs against Risk? Theory and Evidence from Foreign Exchange Risk Insurance Schemes in Korea

  • Lee, Seo-Young
    • Journal of Korea Trade
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    • v.23 no.5
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    • pp.87-101
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    • 2019
  • Purpose - This paper examines the effectiveness of the foreign exchange risk insurance system in the promotion of SME exports in Korea. The purpose of this study is to analyze the short-term and long-term responses of SME exports to foreign exchange risk insurance support policies. Based on these empirical studies, we would like to present some operational improvements to the operation of the foreign exchange risk insurance system. Design/methodology - In order to analyze the effect of exchange risk insurance on the exports of SMEs, a VAR model consisting of foreign exchange risk insurance underwriting values, export relative price, and domestic demand pressure, including export volume, was established. The study began with tests of the stationarity of time series data. The unit root tests showed that all concerned variables were non-stationary. Accordingly, the results of the cointegration test showed that the tested variables are not cointegrated. Finally, an impulse response function and variance decomposition analysis were conducted to analyze the impulse of foreign exchange risk insurance on exports of SMEs. Findings - As a result of estimating the VAR (1) model, foreign exchange risk insurance was found to be significant at a 1% significance level for SME' export promotion. In the impulse response analysis, SMEs' export response to the impulse of foreign exchange risk insurance showed that exports gradually increased until the third quarter, and then slowed down. However, the impulse did not disappear, and appeared continuously. Originality/value - This study analyzed the effect of foreign exchange insurance on exports of SMEs by applying the VAR model. In particular, this study is the first to analyze the short-term and long-term effects of foreign exchange risk insurance on exports of SMEs. The empirical evidence in the current study have a policy implication for the policy authority to support and promote the foreign exchange risk insurance in the effect of exchange rate volatility on Korea' export SMEs.

Characteristics of Impulse Radios for Mu1tipath Channels (다중 경로 채널에서 임펄스 라디오의 특징)

  • 이호준;한병칠
    • The Journal of Korean Institute of Communications and Information Sciences
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    • v.26 no.11B
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    • pp.1501-1509
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    • 2001
  • Recently, the use of wireless communication systems has been rapidly increasing, which results in a difficult problem in efficient control of limited frequency resources. As a way of solving this problem, the ultra wideband time hopping impulse radio system attracts much attention. The impulse radio system communicates pulse position modulated data using Gaussian monocycle pulses of very short duration less than 1 nsec. Thus the transmitted signal has very low power spectral density and ultra wide bandwidth from near D.C. to a few GHz. It is blown that it hardly interferes with the existing communication systems because of its very low power spectral density. The purpose of this paper is to characterize multipath propagation of the impulse radio signal and to evaluate the performance of the correlator-based receiver for the multipath environments. In this paper, we consider the deterministic two-path model and the statistical indoor multipath model of Saleh and Valenzuela. For the two-path model the output of the correlator with the ideal reference waveform varies according to the relative difference between the indirect path delay and the time interval of PPM, and to the indirect path gains. In addition, the characteristics of bit error rates is measured for the two models through computer simulation. The simulation results indicate that the performance of the impulse radio system depends both on the relative difference between the indirect path delay and the time interval of PPM, and on the indirect path gains. Furthermore, it is observed that the reference signal designed for the AWGN channel can not be applied to the multipath channels.

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Effect of Laminated Polypropylene Paper on the Breakdown Strength of Multi-layer Insulation for HTS Cable

  • Nguyen, Van-Dung;Baek, Seung-Myeong;Kwag, Dong-Soon;Kim, Sang-Huyn
    • Proceedings of the Korean Institute of Electrical and Electronic Material Engineers Conference
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    • 2004.05b
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    • pp.87-93
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    • 2004
  • Laminated Polypropylene Paper (LPP) and Kraft paper were used as ac power insulation for conventional cable as well as high temperature superconducting (HTS) cable because of its prominent insulating characteristics. However, researches on the use of LPP/Kraft paper in HTS cables are thinly scattered. In this paper, the effect of laminate polypropylene paper on the breakdown strength of LPP/Kraft multi-layer sample impregnated with liquid nitrogen (LN2)under ac and impulse applied voltage was studied. In addition, the breakdown strength characteristics of LPP and Kraft multi-layer sample were also investigated. It was found from the experimental data that the LPP has higher breakdown strength value than Kraft paper in ac and impulse. Especially in the ac case, the breakdown strength increases as the component ratio of LPP in the LPP/Kraftsample increases and slightly affected by the inserting position of LPP but in impulse case, the breakdown strength strongly depends on the number of LPP and the relative position of LPP.

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Soft Sensor Development for Predicting the Relative Humidity of a Membrane Humidifier for PEM Fuel Cells (고분자 전해질 연료전지용 막가습기의 상대습도 추정을 위한 소프트센서 개발)

  • Han, In Su;Shin, Hyun Khil
    • Transactions of the Korean hydrogen and new energy society
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    • v.25 no.5
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    • pp.491-499
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    • 2014
  • It is important to accurately measure and control the relative humidity of humidified gas entering a PEM (polymer electrolyte membrane) fuel cell stack because the level of humidification strongly affects the performance and durability of the stack. Humidity measurement devices can be used to directly measure the relative humidity, but they cost much to be equipped and occupy spaces in a fuel cell system. We present soft sensors for predicting the relative humidity without actual humidity measuring devices. By combining FIR (finite impulse response) model with PLS (partial least square) and SVM (support vector machine) regression models, DPLS (dynamic PLS) and DSVM (dynamic SVM) soft sensors were developed to correctly estimate the relative humidity of humidified gases exiting a planar-type membrane humidifier. The DSVM soft sensor showed a better prediction performance than the DPLS one because it is able to capture nonlinear correlations between the relative humidity and the input data of the soft sensors. Without actual humidity sensors, the soft sensors presented in this work can be used to monitor and control the humidity in operation of PEM fuel cell systems.

A Study on Economic Linkages between Korea and Japan

  • Lee, Jae-Ki
    • Journal of Korea Port Economic Association
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    • v.20 no.1
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    • pp.43-55
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    • 2004
  • This paper investigates how Japanese economic shocks affect the Korean economy and analyzes the channels through which they are transmitted. Also, the relative importance of domestic and foreign shocks on the dynamics of certain key macro variables is investigated. The techniques of vector autoregression (VAR) are employed to investigate the international transmission of economic disturbances. The VAR methodology is a particularly useful means for characterizing the dynamic relationships among economic variables without imposing certain types of theoretical restrictions. The dynamic effects of Japanese economic shocks on the Korean economy are evaluated by estimating variance decompositions (VDCs) and impulse response functions (IRFs). This study supports the notion of economic dependence of a small open economy such as Korea to a large economy such as Japan.

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SIMPLE AND EFFECTIVE METHOD TO PREDICT THE OCCUPANT DYNAMIC RESPONSE UNDER SUDDEN IMPULSE LOADS

  • Elmarakbi, A.M.
    • International Journal of Automotive Technology
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    • v.7 no.7
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    • pp.769-776
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    • 2006
  • A mathematical model is developed in this paper to define the interaction between the occupant and vehicle passenger compartment and to predict the occupant dynamic response during a sudden impulse load. Two different types of occupants are considered in this study, child and adult occupants. The occupants are considered as lumped masses connected to the child seat and vehicle's body masses by means of restraint systems. In addition, the occupant restraint characteristics of seat belt and airbag are represented by stiffness and damping elements. To obtain the dynamic response of the occupant, the equations of motion of the occupants during vehicle collisions are developed and analytically solved. The occupant's acceleration and relative displacement are used as injury criteria to interpret the results. It is demonstrated from the numerical simulations that the dynamic response and injury criteria are easily captured and analyzed. It is also shown that the mathematical models are flexible, useful in optimization studies and it can be used at initial design stage.

Transient dynamic analysis of sandwich beam subjected to thermal and pulse load

  • Layla M. Nassir;Mouayed H.Z. Al-Toki;Nadhim M. Faleh;Hussein Alwan Khudhair;Mamoon A.A. Al-Jaafari;Raad M. Fenjan
    • Steel and Composite Structures
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    • v.51 no.1
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    • pp.1-8
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    • 2024
  • Transient dynamic behavior of a sandwich beam under thermal and impulsive loads has been researched in the context of higher-order beam theory. The impulse load of blast type has been enforced on the top exponent of the sandwich beam while it is in a thermal environment. The core of the sandwich beam is cellular with auxetic rectangular pattern, whereas the layers have been built with the incorporation of graphene oxide powder (GOP) and are micromechanically introduced through Halpin-Tsai formulization. Governing equations for the sandwich beam have been solved through inverse Laplace transform style for obtaining the dynamical deflections. The connection of beam deflections on temperature variability, GOP quantity, pulse load situation and core relative density has been surveyed in detail.

Effects of Differential Stability on Control of Multi-Joint Coordination in the Upper Extremity: A Torque Component Analysis

  • Ryu, Young Uk;Shin, Hwa Kyung
    • The Journal of Korean Physical Therapy
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    • v.28 no.1
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    • pp.8-13
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    • 2016
  • Purpose: The purpose of the present current study was to examine control of upper limb multi-joint movements with differential coordination stability. To achieve the goals of the study, torque analyses were utilized to answer questions about how torque components were differed among various elbow-wrist coordination patterns. Methods: Eight self-reported right-handed college students (3 males and 5 females, mean age=20.6 yr) were volunteered. The task required participants to rhythmically coordinate the flexion-extension motions of their elbow and wrist with coordination relationship of $0^{\circ}$, $90^{\circ}$, and $180^{\circ}$relative phases between the two joints. Mean relative phase and phase stability (standard deviation of relative phase) were computed to for analysisze of overall coordination performance. To determine the figure out characteristics of torque components in elbow and wrist joints, impulse values of muscle torque (MT) and interactive torque (IT) and MT as a percentage of cycle duration (MT-PCD) were analyzed. Results: Torque results showed that the proximal elbow joint generated motions with mainly muscle efforts regardless of coordination patterns, while the distal wrist joint adjusted the coordination patterns by changing amount of MT. Impulse analyses showed that the least stable $90^{\circ}$ pattern was performed by utilizing a similar coordination strategy of the most stable $0^{\circ}$ pattern. Conclusion: The present current study suggests that the roles of distal and proximal joints differ in order to achieve various multi-joint coordination movements. This study provides information for use in gives an idea to development of rehabilitation or training programs for to persons with an impaired upper limb motor ability.

A Constitutive Equation with Impulse-Momentum Theory for the Expanded Polypropylene (충격량-운동량 이론을 접목시킨 발포 폴리프로필렌의 구성방정식)

  • Kim, Byeong Kil;Cho, Jae Ung;Jeong, Kwang Young;Kim, Nam Hoon;Oh, Bum S.;Hahn, Youngwon;Cheon, Seong S.
    • Composites Research
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    • v.29 no.3
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    • pp.91-97
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    • 2016
  • In this paper, impulse-momentum theory was coupled to a constitutive equation both for implementing quasi-static and impact characteristics of EPP (Expanded polypropylene). Also, parameters which have physical meanings were expressed as functions of relative density. Simultaneous nonlinear Newton-Raphson method was applied to find the proper values for parameters in the constitutive equation along with quasi-static test data. Results from the impulse-momentum theory coupled constitutive equation showed good agreement with experimental data and the potential to be applied to different material type polymeric foam.

Dynamic Causality and Impulse Response between Maritime Import Volume, Relative Real Effective Exchange Rate, and Regional Industrial Activity : Focusing on a Trade Port of the Jeonnam Province (해상 수입물동량, 상대적 실질실효환율, 지역경기의 동태적 인과성과 충격반응 : 전남지역의 무역항을 중심으로)

  • Kim, Chang-Beom
    • Journal of Korea Port Economic Association
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    • v.33 no.1
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    • pp.47-59
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    • 2017
  • The objective of this study is to determine the short run and long run dynamics between maritime import volume (IMV), industrial production (IP), and real effective exchange rate (REER) of the Korean Won over the REER of certain major currencies (US Dollar, Chinese Yuan, and Japanese Yen) in Korea's Jeonnam province. The Johansen and Juselius cointegration results reveal that at least one cointegration vector or long-run relationship exists. Hence, this study estimated the long run equilibrium equation, which indicates that both IP and REER are inelastic, although the former is bigger than the latter. Moreover, the dynamic causality analysis reveals short and long-run unidirectional causality from IP and REER to IMV in all three models. Further, in all the models, the results indicate short run unidirectional causality from REER to IP. In addition, the impulse response (IR) results show that the impulse of IP and REER decayed after four months. Additionally, the IR analysis results indicate that the REER of the Korean Won over the REER of Japanese Yen is the biggest with respect to the impact of relative REER on IP, which is the proxy variable of regional real income. Thus, empirical results indicated that real income and REER play an important role in determining the Jeonnam's maritime import demand behavior in the short run and long run. More importantly, substantial actions reducing unexpected fluctuation of the REER and real income based on micro and macro economic policies will increase the imported volume in the ports of the Jeonnam province.