• Asia-Pacific Journal of Business
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• v.12 no.1
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• pp.209-223
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• 2021

Purpose - The purpose of this study was to investigate the relationship between Korea agricultural productions and Greenhouse Gas (GHG) emissions based on Environmental Kuznets Curve (EKC) hypothesis. Design/methodology/approach - This study utilized time series data of economic growth, greenhouse gas, agricultural productions, trade dependency, and energy usages. In order to econometric procedure of EKC hypothesis, this study utilized unit root test and cointegration test to check staionarity of each variable and also adopted Vector Error Correction Model (VECM) and Ordinary Least Square (OLS) to analyze the short and long run relationships. Findings - In the short run, greenhouse gas emissions resulting from economic growth show an inverse U-shape relationship, and an increase in agricultural production and energy consumption led to increase in greenhouse gas emission. In the long run, total GHG emissions and CO2 emissions show an N-shaped relationship with economic growth, and an increase in agricultural production has resulted in a decrease in total GHG and CO2 emissions. However, methane (CH4) and nitrous oxide (N2O) emissions showed an inverse U-shape relationship with economic growth, which indicated the environment and production process of agricultural production. Research implications or Originality - Korea agricultural production has different effects on the GHG emission sources, and in particular, methane (CH4) and nitrous oxide (N2O) emissions show to increase as the agricultural production expansions, so policy or technological development in related sector is required. Especially, in the context of the 2030 GHG reduction road-map, if GHG-related reduction technologies or policies are spread, national GHG emission reduction targets can be achieved and this is possible to predict the decline in production in the sector and damage to the related industries.

• International Journal of Reliability and Applications
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• v.2 no.4
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• pp.269-280
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• 2001

The objective of this paper is to provide a model for effective implementation of costing RAM management in the design and procurement of production facility considering the system cost-performance trade-off. This research proposes a two-step approach of costing RAM design and test of system RAM for production facility. In Step 1, a static model is proposed to find an initial system configuration to meet the required performance based on system RAM and LCC and analyzes the trade-off relationships between various factors of RAM and LCC. In the second Step, we developed time and failure truncated models for system reliability test and analysis. For the computational purpose, we developed computer programs and have shown the sample results. By the sample test run, the proposed model has shown the possibilities to provide a good method to analyze system performance evaluation for both design and operational phase, This model can be applied to a wide variety of systems not only for costing RAM of the production facilities but also for the other kinds of equipment.

• Journal of Korean Institute of Industrial Engineers
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• v.6 no.1
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• pp.27-38
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• 1980

This paper presents the validation of a stochastic model of muscle fatigue during static muscle contractions. Forty four laboratory experiments, covering eleven test conditions for two trained subjects, were run in order to estimate fatigue and recovery rates, based on EMG observations. The validation of the model was made by comparing the model predictions to the experimental fatigue time. The validation study supports that the stochastic model of muscle fatigue accurately represents the underlying fatigue process. The study also provides support that the fatigue model can be used as a monitor of individual muscle capabilities.

• The Journal of Asian Finance, Economics and Business
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• v.8 no.4
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• pp.653-663
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• 2021

There has been a massive increase in household debt in China, especially in the last five of years. Learning from past experiences, the country needs careful forecasting that may help to form new policies or make amendments to the existing ones. This research paper aims to highlight the impact of the monetary policy on household debt in China. The study covers the time period from 1996 to 2020 The study employs a cointegration test, Autoregressive Distributed Lag Bound Test (ARDL) approach, a Augmented Dicky Fuller (ADF) and PP test (PMG) and time series data. The findings suggest on a quantitative analysis using a time-series model in which gdp per capita and interest rate has a positive impact on household debt whereas, cpi doesn't have significant impact. In a short-term variables relationship, household debt responds more to an increase in income than in the long-term. Also, the impact of interest rate changes on household debt is lower than income in the short run.The research suggests that there should be some restrictions on household debt and consumer financing provided to citizens and for this, appropriate leverage measures should be taken in order for the central bank to sustain robust macroeconomic conditions.

• The Journal of Industrial Distribution & Business
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• v.10 no.9
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• pp.53-60
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• 2019

Purpose - The objective of this paper is to discover if there exists a relationship between the economic index and distribution industry index in Korean. Because of the distribution industry boom in the recent years, a lot of interest in the relationship between the economic index and distribution industry index in Korean and the economy has been generated. This article examine on the mutual influence between economic index and distribution industry index in Korean. Research design, data, and methodology - For this purpose, we use the vector-auto regression model, impulse response function and variance decomposition of the economic index and distribution industry index, Granger causality test using weekly data on the economic index and distribution industry price index in korea. The sample period is covering from January 2, 2010 to August 31, 2019. The VAR model can also be linked to cointegration analysis. Cointegration Analysis makes possible to find a mechanism causing x and y to move around a long-run equilibrium (Engle and Granger, 1987). This equilibrium means that external shocks may separate the series temporarily at any particular time, but there will be an overall tendency towards some type of long-run equilibrium. If variables are found to have this tendency they are said to be cointegrated and a long-run relationship between these series is established. These econometric tools have been applied widely into economics and business areas to analyze intertemporal linkages between different time series. Results - This research showed following main results. First, from the basic statistic analysis of the economic index and distribution industry index in Korean, the economic index and the distribution industry index in korea have unit roots. Second, there is at least one cointegration between the economic index and distribution industry index in Korean. Finally, the correlation between of the economic index and the distribution industry index in korea is (+) 0.528876. Conclusions - We find that the distribution industry price index Granger cause the economic index in korea. As a consequence, the distribution industry index affect the economic index in Korean. The distribution industry index to the economic index is stronger than that from the economic index to the distribution industry index.

• The Transactions of The Korean Institute of Electrical Engineers
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• v.56 no.2
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• pp.240-247
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• 2007

This paper presents an implementation of the generator protective relay using Real Time Digital Simulator (RTDS) user defined component (UDC) model designed to facilitate the investigation and evaluation of protective relays. The UDC for RTDS is a convenient model that allows user to develop new component models and run them on the RTDS. The developed model has major features related to the development of six models such as distance, frequency, reverse power, volts per Hz, over voltage, and out-of-step relays. Also, the generator relay models have been used to support and enhance power engineering education at both the undergraduate and graduate levels. The developed model functions are verified and tested by both static test and dynamic test. The simulation results show the capabilities of the developed generator relay using RTDS UDC.

• Transactions of the Korean Society of Mechanical Engineers A
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• v.32 no.2
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• pp.162-169
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• 2008

Compliance effect consideration method for real-time multibody vehicle dynamics is proposed using quasi-static analysis. The multibody vehicle model without bush elements is used based on the subsystem synthesis method which provides real-time computation on the multibody vehicle model. Reaction forces are computed in the suspension subsystem. According to deformation from the quasi-static analysis using reaction forces and bush stiffness, suspension hardpoint locations and suspension linkage orientation are changed. To validate the proposed method, quarter car simulations of McPherson strut and multilink suspension subsystems are performed. Full car bump run simulations and fish hook handling test simulations are also carried out comparing with the ADAMS vehicle model with bush elements. CPU times are also measured to see the real-time capabilities of the proposed method.

• Transactions of the Korean Society of Mechanical Engineers A
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• v.25 no.5
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• pp.834-840
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• 2001

A real time multibody vehicle dynamics model has been developed and implemented using a subsystem synthesis method based on recursive formulation. To verify real time simulation capability the developed model has been applied to HMMWV(High Mobility Multipurpose Wheeled Vehicle) with steering system. For the kinematically driven steering system, the coupled front suspension-steering subsystem can be decoupled into two SLA suspension subsystems, which improves the efficiency of simulation. To investigate theoretical efficiency, operational counting method has been also employed to compare the proposed model with the conventional recursive dynamics model. Various simulations such as unsymmetric bump run, step steering(J-turn) and sine steering input test have been carried out to verify the real time feasibility of the proposed model.

• The Journal of the Korea Contents Association
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• v.12 no.9
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• pp.357-368
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• 2012

The purpose of this study is to empirically examine the impact of enterprise R&D investment on international trade in Korea under the new Normal Era. In order to test whether the time series data of trade variables are stationary or not, we put in operation unit root test and cointegration test. Based on VECM (Vector Error Correction Model), we also apply impulse response functions and variance decomposition to estimate the dynamic effects in the short-run and long-run. The results show that the relationship between enterprise R&D investment and international trade (export and import) exists in the long-run as well as in the short-run. The results of applying impulse response functions and variance decomposition also indicate that the impact of enterprise R&D investment on international trade is positive, and a significant portion of fluctuations in the trade variable is explained by enterprise R&D investment. Therefore, enterprise R&D investment must be continuously increased to improve economic growth with promoting trading competition power in Korea under the new Normal Era.

• Transactions of the Korean Society of Automotive Engineers
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• v.6 no.5
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• pp.146-152
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• 1998

Recently, for the development of vehicle structures and components there is a tendency to increase using numerical simulation methods compared with practical tests for the estimation of the fatigue strength. In this study, an integrated powerful methodology is suggested for fatigue strength evaluation through development of the interface program to integrate dynamic analysis quasi-static stress analysis and fatigue analysis, which were so far used independently. To verify the presented evaluation method, a single and zigzag bump run test, 4-post road load simulation and driving durability test have been performed. The prediction results show a good agreement between analysis and test. This research indicates that the integrated life prediction methodology can be used as a reliable design tool in the pre-prototype and prototype development stage, to reduce the expense and time of design iteration.