• Title/Summary/Keyword: SPOT5

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The Price Discovery ana Volatility Spillover of Won/Dollar Futures (통화선물의 가격예시 기능과 변동성 전이효과)

  • Kim, Seok-Chin;Do, Young-Ho
    • The Korean Journal of Financial Management
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    • v.23 no.1
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    • pp.49-67
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    • 2006
  • This study examines whether won/dollar futures have price discovery function and volatility spillover effect or not, using intraday won/dollar futures prices, volumes, and spot rates for the interval from March 2, 2005 through May 30, 2005. Futures prices and spot rates are non-stationary, but there is the cointegration relationship between two time series. Futures returns, spot returns, and volumes are stationary. Asymmetric effects on volatility in futures returns and spot returns does not exist. Analytical results of mean equations of the BGARCH-EC (bivariate GARCH-error correction) model show that the increase of futures returns raise spot returns after 5 minutes, which implies that futures returns lead spot returns and won/dollar futures have price discovery function. In addition, the long-run equilibrium relationship between the two returns could help forecast spot returns. Analytical results of variance equations indicate that short-run innovations in the futures market positively affect the conditional variances of spot returns, that is, there is the volatility spillover effect in the won/dollar futures market. A dummy variable of volumes does not have an effect on two returns but influences significantly on two conditional variances.

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Association Factors for CT Angiography Spot Sign and Hematoma Growth in Korean Patients with Acute Spontaneous Intracerebral Hemorrhage : A Single-Center Cohort Study

  • Moon, Byung Hoo;Jang, Dong-Kyu;Han, Young-Min;Jang, Kyung-Sool;Huh, Ryoong;Park, Young Sup
    • Journal of Korean Neurosurgical Society
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    • v.56 no.4
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    • pp.295-302
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    • 2014
  • Objective : This study was conducted to clarify the association factors and clinical significance of the CT angiography (CTA) spot sign and hematoma growth in Korean patients with acute intracerebral hemorrhage (ICH). Methods : We retrospectively collected the data of 287 consecutive patients presenting with acute ICH who arrived within 12 hours of ictus. Baseline clinical and radiological characteristics as well as the mortality rate within one month were assessed. A binary logistic regression was conducted to obtain association factors for the CTA spot sign and hematoma growth. Results : We identified a CTA spot sign in 40 patients (13.9%) and hematoma growth in 78 patients (27.2%). An elapsed time to CT scan of less than 3 hours (OR, 5.14; 95% CI, 1.76-15.02; p=0.003) was associated with the spot sign. A CTA spot sign (OR, 5.70; 95% CI, 2.70-12.01; p<0.001), elevated alanine transaminase (GPT) level >40 IU (OR, 2.01; 95% CI, 1.01-4.01; p=0.047), and an international normalized ratio ${\geq}1.8$ or warfarin medication (OR, 5.64; 95% CI, 1.29-24.57; p=0.021) were independent predictors for hematoma growth. Antiplatelet agent medication (OR, 4.92; 95% CI, 1.31-18.50; p= 0.019) was significantly associated with hematoma growth within 6 hours of ictus. Conclusion : As previous other populations, CTA spot sign was a strong predictor for hematoma growth especially in hyper-acute stage of ICH in Korea. Antithrombotics medication might also be associated with hyper-acute hematoma growth. In our population, elevated GPT was newly identified as a predictor for hematoma growth and its effect for hematoma growth is necessary to be confirmed through a further research.

Undescribed Fungal Leaf Spot Disease of Pepper Caused by Cercospora capsici in Korea (고추의 미기록병(未記錄病)인 Cercospora capsici에 의(依)한 고추 반점병(斑點病))

  • Sung, Jae-Mo;Cho, Eui-Kyoo;Cho, Dong-Jin;Kang, Soo-Woong
    • The Korean Journal of Mycology
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    • v.12 no.2
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    • pp.75-77
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    • 1984
  • An undescribed Cercospora leaf spot of pepper grown in a greenhouse was observed at Jinju area in 1983. The symptom of this disease showed frog eyes spot on lower leaves of pepper. Leaves and petiole of pepper plant inoculated with spore suspension of this pathogen app­eared leaf spot after 2 weeks and exhibited cicular, brown frog eyes spot. This fungus was grown slowly on PDA and produce condia on infected leaves. The occurrence of this disease was responsi­ble for factors with high temperature and humidity conditions in the ill-ventilated greenhouse. This causal fungus was identified as Cercospora capsici Heald et. Wolf from the shape and length of the conidiophores, the length of the condia, and pathogenic behaviors.

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Synthesis and Photocatalytic Activity of Ag Spot-coated TiO2-SrO Composite Powders (나노 Ag spot-coated TiO2-SrO 복합분체의 합성과 광촉매 활성 평가)

  • Han, Jae-Kil;Kim, Hyeong-Chul;Hong, Won-Seok;Choi, Sung-Chang
    • Korean Journal of Materials Research
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    • v.18 no.7
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    • pp.389-393
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    • 2008
  • Nano-sized $TiO_2$-60 wt% SrO composite powders were synthesized by a sol-gel method using titanium isopropoxide and $Sr(OH)_2\;{\cdot}\;8H_2O$ as precursors. 3, -5, -7 wt%Ag spot-coated $TiO_2$-60 wt% SrO composite powders were synthesized by a Ag electroless deposition method using $TiO_2$-60 wt% SrO composite powders calcined at $1050^{\circ}C$, which mainly exhibited the $SrTiO_3$phase. However, a small number of rutile $TiO_2$, $Sr_2TiO_4$ and $SrO_2$ phases were also detected. In the Ag spot-coated powders synthesized by electroless deposition, nano-sized particles about 5-25 nm in diameter adhered to the $TiO_2$-60 wt% SrO composite powders. The photocatalytic activity of Ag spot-coated $TiO_2$-SrO and $TiO_2$-SrO composite powders for degradation of phenol showed that all of $TiO_2$-SrO composite powders were highly active under UV light irradiation. 7 wt%Ag spot-coated $TiO_2$-60wt.%SrO composite powders had a relatively higher photocatalytic activity than did $TiO_2$-SrO composite powders under visible light.

Retrieval of the Fraction of Photosynthetically Active Radiation (FPAR) using SPOT/VEGETATION over Korea (SPOT/VEGETATION 자료를 이용한 한반도의 광합성유효복사율(FPAR)의 산출)

  • Pi, Kyoung-Jin;Han, Kyung-Soo
    • Korean Journal of Remote Sensing
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    • v.26 no.5
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    • pp.537-547
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    • 2010
  • The importance of vegetation in studies of global climate and biogeochemical cycles is well recognized. Especially. the FPAR (fraction of photosynthetically active radiation) is one of the important parameters in ecosystem productivity and carbon budget models. Therefore, accurate estimates of vegetation parameters are increasingly important in environmental impact assessment studies. In this study, optical FPAR using the Terra MODIS (MODerate resolution Imaging Spectroradiometer), SPOT VEGETATION and ECOCLIMAP data reproduced on the Korean peninsula. We applied the empirical method which is usually estimated as a linear or nonlinear function of vegetation indices. As results, we estimated the accurate expression which is 0.9039 of $R^2$ in cropland and 0.7901 of $R^2$ in forest. Finally, this study could be demonstrated to calibrate that produced FPAR while the overall pattern and random noise through the comparative analysis of FPAR on the reference data. Optimal use of input parameter on the Korean peninsula should be helping the accuracy of output as well as the improved quality of research.

A Study on the Methods of Activation for CIEO in Health Junior College - About the on-the-Spot-Training of Department Health Education - (보건전문대학의 산학협동 효율화 방안에 관한 연구 -보건계학과의 현장실습을 중심으로 -)

  • Sung, Hwan-Kyung
    • Journal of Technologic Dentistry
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    • v.13 no.1
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    • pp.53-59
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    • 1991
  • This study aimed at inquiring into the basic theory on CIEO(the Cooperation between Industry and Educational Organizations), grasping and analyzing the present situation of the health junior college, the present condition of CIEO and into problem and seeking to find a solution to activate the CIEO of the health junior colleges. This study suggested five methods as the method of consolidating the on-the-spot-training as below : 1. The execution of the basic research for the on-the-spot-training. And the reorganization of the existing curriculum into the curriculum the industrial organization requires. 2. The participation in solving commonly the problems of the industrial organization and in education. The establishing of the guidance system assuming exclusive charge of the on-the-spot-training. 3. The extension of the period of the on-the-spot-training and the reorganization of an educational system. The submission of the evaluation sheet for the on-the-spot-training. 4. The securing of the educational dost spent on the on-the-spot-training and the imposition of benefits on the industrial organization. 5. The persistent support for the on-the-spot-training at the governmental dimension. It is required that the CIEO law should be enacted as the legal and institutional solution and that government should lend systematic support to the business enterprise exeuting the industrial educational cooperation such as the institutional support for and the imposition of benifits on the cost of research. The cost of research and development, the cost of internal education and training, and the cost of experiment and practice.

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The Classifications using by the Merged Imagery from SPOT and LANDSAT

  • Kang, In-Joon;Choi, Hyun;Kim, Hong-Tae;Lee, Jun-Seok;Choi, Chul-Ung
    • Proceedings of the KSRS Conference
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    • 1999.11a
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    • pp.262-266
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    • 1999
  • Several commercial companies that plan to provide improved panchromatic and/or multi-spectral remote sensor data in the near future are suggesting that merge datasets will be of significant value. This study evaluated the utility of one major merging process-process components analysis and its inverse. The 6 bands of 30$\times$30m Landsat TM data and the 10$\times$l0m SPOT panchromatic data were used to create a new 10$\times$10m merged data file. For the image classification, 6 bands that is 1st, 2nd, 3rd, 4th, 5th and 7th band may be used in conjunction with supervised classification algorithms except band 6. One of the 7 bands is Band 6 that records thermal IR energy and is rarely used because of its coarse spatial resolution (120m) except being employed in thermal mapping. Because SPOT panchromatic has high resolution it makes 10$\times$10m SPOT panchromatic data be used to classify for the detailed classification. SPOT as the Landsat has acquired hundreds of thousands of images in digital format that are commercially available and are used by scientists in different fields. After the merged, the classifications used supervised classification and neural network. The method of the supervised classification is what used parallelepiped and/or minimum distance and MLC(Maximum Likelihood Classification) The back-propagation in the multi-layer perception is one of the neural network. The used method in this paper is MLC(Maximum Likelihood Classification) of the supervised classification and the back-propagation of the neural network. Later in this research SPOT systems and images are compared with these classification. A comparative analysis of the classifications from the TM and merged SPOT/TM datasets will be resulted in some conclusions.

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The Study of Brain Function Changes After Contralateral and Ipsilateral Application Of Electroacupuncture (동측 및 대측 전침자극 전후의 뇌기능 변화에 관한 연구)

  • Woo, Young-min;Shin, Byung-cheul;Nam, Young
    • Journal of Acupuncture Research
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    • v.20 no.1
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    • pp.22-34
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    • 2003
  • Objective : To ascertain whether the concept of the treatment side is associated with changes in the blind spot mapping that represents the brain function. Methods : Among the outpatients who visited to Department of Acupuncture & Moxibustion, National Medical Center from March 2002 to October 2002, we selected 40 clinical trial volunteers that showed right side physiological blind spot more enlarged than left, and underwent the examinations of Department of Opthalmology, National Medical Center for ruling out the pathological conditions. Physiological blind spot maps were used as an integer of brain activity before and after electroacupuncture application on the unilateral ST36 meridian point by dividing 40 subjects into two comparative groups for double-blind controlled study. Results: The significant changes in the blind spots were observed. Electroacupuncture application on the ipsilateral or contralateral ST36 of an enlargement cortical map were associated with the concept of determining the treatment side. In the case of electroacupuncture application on the ipsilateral side of an enlarged blind spot, there were decrease of $4.11{\pm}8.56cm$(17.3%) in blind spot perimetry length(p < 0.05). In the case of contralateral side, there were increase of $3.19{\pm}5.40cm$(13.7%) in blind spot perimetry length(p<0.05). The Differences were statistically significant(p<0.05). Conclusions: We found that eletroacupuncture application was associated with an increase or decrease in the brain function in the view of blind spot changes depending on the treatment side. These results suggest that the traditional acupuncture therapeutic strategy with determining the treatment side has clinical significance in the view of the brain function.

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Price Discovery in the Korean Treasury Bond Futures Market (한국국채선물시장에서의 가격발견기능에 관한 연구)

  • Seo, Sang-Gu
    • Management & Information Systems Review
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    • v.30 no.2
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    • pp.257-275
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    • 2011
  • The price relationship between the futures market and the underlying spot market has attracted the attention of academics, practitioners, and regulators due to their roles during periods of turbulence in financial markets. The purpose of this paper is to investigate the dynamic of price relationship(or lead-lag relationship) between Korean Treasury Bond futures market and spot market. To examine the nature of the price relationship, descriptive statistics, serial correlation, and cross-correlation are used as a preliminary statistics in the Korean Treasury Bond spot and futures market. Next, following Stoll-Whaley(1990) and Chan(1992), the multiple regression method is used to examine the lead-lag patterns between the two markets. The empirical results are summarized as follows. The mean returns of spot markets and future markets are positive(+) and negative(-) respectively and the standard deviation of both stock and futures returns increase through the sub-periods. For the most periods, there is negative skewness in the both markets. The zero excess kurtosis due to the heavy tails of the distribution are relatively large. The autocorrelations in the spot returns for the sample periods are positive in time lag 1, but the autocorrelations in the future returns shows no significant evidence. The results of the daily cross-correlations between the KTB spot and futures returns indicate that a lead-lag relationship don't exist for price changes of futures and spot markets as a preliminary analysis. Finally, empirical results of regression analysis for both market indicate that there is no evidence that the KTB futures lead the KTB spot market, or the KTB spot market lead the KTB futures market. These results are robust for all sub-periods.

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Analysis of Occurrence Type of Physiological Disorder to Soil Chemical Components in Ginseng Cultivated Field (인삼 재배지의 토양 화학성에 따른 생리장해 유형 분석)

  • Hyun, Dong-Yun;Yeon, Byeong-Yeol;Lee, Seong-Woo;Kang, Seung-Weon;Hyeon, Geun-Soo;Kim, Young-Cheol;Lee, Kwang-Won;Kim, Seong-Min
    • Korean Journal of Medicinal Crop Science
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    • v.17 no.6
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    • pp.439-444
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    • 2009
  • This study was to set the guidelines of soil chemical components in order to assure the safety and quality of the panax ginseng from physiological disorder. The disorder symptoms appeared on the leaf with yellow spot, atrophy, yellow-brown spot, also showed red skin and rough skin of the root. Occurrence type of physiological disorder in cultivated field divided into two types : type I 'such as, yellow spot' consist of single disorder symptom; type II 'such as, yellow spot and yellow-brown spot' consist of two or more different disorder symptoms. The individual contribution of soil properties to the occurrence type was as follows ; The yellow spot was affected by Na > $NO_3$-N > salinity (EC) in soil. The same results was observed in red skin. Atrophy was affected by $NO_3$-N > salinity (EC) > Ca > Mg. Rough skin was affected by $P_2O_5$>pH>Organic material > K. It showed positive associated to $P_2O_5$, pH and K, but negative associated to organic matter. Simultaneous occurrence of two different disorder, including cases which yellow spot and yellow-brown spot, those were affected by $NO_3$-N > salinity (EC) > Na > Mg. In the case of atrophy plus yellow-brown spot, those also were affected by in the order : $NO_3$-N > salinity (EC) > Ca > Mg > Na. Red-rough skin was affected in the order : salinity (EC) > $NO_3$-N > K > Na. Soil chemical components appear to be related to occurrence of physiological disorder, particularly in salinity (EC) and $NO_3$-N. The salinity (EC) and $NO_3$-N were negative related to plant growth. In addition, exchangeable cation capacity play critical roles in attributing to complex occurrence of physiological disorder.