• Title/Summary/Keyword: Series Expansion

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An Empirical Study on the Determinants of Korean FDI focused on China& Asean six Countries for years 2016 through 2019 (한국 기업의 해외직접투자 모형설정에 관한 실증 연구(중국&아세안6개국 중심:2016년-2019년 중심))

  • Lee eung kweon
    • Korea Trade Review
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    • v.46 no.1
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    • pp.1-21
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    • 2021
  • The main purpose of this research is to analyze the changes in investment motivation by year through time series and cross-sectional analysis of the factors and investment decisions of Korean manufacturing companies. According to the investment pattern for Asean from the 1980s to the 19th, the first expansion period was 82 to 86, the average increase in overseas investment for securing foreign raw materials due to the second oil shock, and the second expansion period was a gradual increase in exports to the U.S. in 1987 to 1996. During the first stagnation period, direct investment in Asean stagnated in the aftermath of the 1998-05 Asian crisis, and in the third expansion period, part of the production facilities invested in China were relocated to Asean, increasing Asean's investment to become Korea's largest manufacturing investment in 17. Korea's proportion of investment in Asean surpassed that of mass investment since 10 years ago, and the proportion of investment in manufacturing sector has been transferred from China to Asean, and after 17 years, it has served as an overseas production base connecting China. As such, The main purpose of the research will be to extract the determinant factors and key factors for overseas direct investment and investment patterns in conjunction with global manufacturing companies' production base relocation and investment trends through empirical analysis. This research paper gave basic reference to the motivation and determinant of investment 16 years ago, and analyzed the changes in investment motivation by year and content through empirical analysis, contributing some reasonable purpose to the decision of companies and policy makers interested in overseas direct investment.

A Study on the Cascade Hybrid Cooling/Refrigeration Cycle Equipped With Intercooler and Air-Cooled Condenser in Series (인터쿨러와 공랭식 응축기를 동시에 사용하는 냉방-냉동 겸용 캐스케이드 사이클에 대한 연구)

  • Kim, Nae-Hyun
    • Journal of the Korea Academia-Industrial cooperation Society
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    • v.20 no.7
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    • pp.353-362
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    • 2019
  • Thermodynamic analysis of cascade refrigeration systems has attracted considerable research attention. On the other hand, a system evaluation based on thermodynamic analyses of the individual parts, including the evaporator, condenser, intercooler, expansion valve, etc., has received less attention. In this study, performance analysis was conducted on a cascade refrigeration system, which has an individual cooling and refrigeration evaporator, and equips the intercooler and air-cooled condenser in a series in a lower cycle. The thermo-fluid design was then performed on the major components of the system - upper condenser, lower condenser, cooling evaporator, refrigeration evaporator, intercooler, compressor, electronic expansion valve - of 15 kW refrigeration, and 8 kW cooling capacity using R-410A. A series of simulations were conducted on the designed system. The change in outdoor temperature from 26 C to 38 C resulted in the cooling capacity of the lower evaporator remaining approximately the same, whereas it decreased by 9% at the upper evaporator and by 63% at the intercooler. The COP decreased with increasing outdoor temperature. In addition, the COP of the cycle with the intercooler operation was higher that of the cycle without the intercooler operation. Furthermore, the increase in the upper condenser size by two fold increased the upper evaporator by 4%. On the other hand, the lower evaporator capacity remained the same. The COP of the upper cycle increased with increasing upper condenser size, whereas that of the lower cycle remained almost the same. When the size of the lower condenser was increased 2.8 fold, the intercooler capacity increased by 8%, whereas those of upper and the lower evaporator remained approximately the same. Furthermore, the COP of the lower cycle increased with an increase in the lower condenser. On the other hand, the change of the upper condenser was minimal.

Extrusion Puffing of Pork Meat-Defatted Soy Flour-Corn Starch Blends to Produce Snack-like Products

  • Jennifer J. Jamora;Rhee, Ki-Soon;Rhee, Khee-Choon
    • Preventive Nutrition and Food Science
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    • v.6 no.3
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    • pp.163-169
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    • 2001
  • To produce expanded, minimally hard extrudates from blends of raw pork meat (20%), defatted soy flour (25%), and corn starch using a single-screw extruder, various combinations of feed moisture, process temperature, and screw speed were evaluated. First series of extrusion runs were conducted according to a central composite rotatable design/response surface methodology (RSM). Upon assessing the full model for each response, insignificant terms were eliminated to determine final response surface models. Screw speed within the range evaluated was found to have no significant effect on expansion ratio (ER) or shear force (SF) of extrudates. Since examinations of the response surfaces and their generated grids of predicted values indicated that maximum ER and minimum SF were likely to be attained with a moisture-temperature combination outside the RSM experimental range, the second series of extrusion runs were conducted with several selected combinations of moisture and temperature to determine a practical optimum extrusion condition. The combination of 22.78% feed moisture, 16$0^{\circ}C$ process temperature, and 170 rpm screw speed was chosen as such a condition, and used in the final extrusion. The final product required less force to break than did commercial pretzel sticks.

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Exchange Rate Volatility Measures and GARCH Model Applications : Practical Information Processing Approach (환율 변동성 측정과 GARCH모형의 적용 : 실용정보처리접근법)

  • Moon, Chang-Kuen
    • International Commerce and Information Review
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    • v.12 no.1
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    • pp.99-121
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    • 2010
  • This paper reviews the categories and properties of risk measures, analyzes the classes and structural equations of volatility forecasting models, and presents the practical methodologies and their expansion methods of estimating and forecasting the volatilities of exchange rates using Excel spreadsheet modeling. We apply the GARCH(1,1) model to the Korean won(KRW) denominated daily and monthly exchange rates of USD, JPY, EUR, GBP, CAD and CNY during the periods from January 4, 1998 to December 31, 2009, make the estimates of long-run variances in the returns of exchange rate calculated as the step-by-step change rate, and test the adequacy of estimated GARCH(1,1) model using the Box-Pierce-Ljung statistics Q and chi-square test-statistics. We demonstrate the adequacy of GARCH(1,1) model in estimating and forecasting the volatility of exchange rates in the monthly series except the semi-variance GARCH(1,1) applied to KRW/JPY100 rate. But we reject the adequacy of GARCH(1,1) model in estimating and forecasting the volatility of exchange rates in the daily series because of the very high Box-Pierce-Ljung statistics in the respective time lags resulting to the self-autocorrelation. In conclusion, the GARCH(1,1) model provides for the easy and helpful tools to forecast the exchange rate volatilities and may become the powerful methodology to overcome the application difficulties with the spreadsheet modeling.

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Regional Drought Frequency Analysis of Monthly Precipitation with L-Moments Method in Nakdong River Basin (L-Moments법에 의한 낙동강유역 월강우량의 지역가뭄빈도해석)

  • 김성원
    • Journal of Environmental Science International
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    • v.8 no.4
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    • pp.431-441
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    • 1999
  • In this study, the regional frequency analysis is used to determine each subbasin drought frequency with reliable monthly precipitation and the L-Moments method which is almost unbiased and has very nearly a normal distribution is used for the parameter estimation of monthly precipitation time series in Nakdong river basin. As the result of this study, the duration of '93-'94 is most severe drought year than any other water year and the drought frequency is established as compared the regional frequency analysis result of cumulative precipitation of 12th duration months in each subbasin with that of 12th duration months in the major drought duration. The Linear regression equation is induced according to linear regression analysis of drought frequency between Nakdong total basin and each subbasin of the same drought duration. Therefore, as the foundation of this study, it can be applied proposed method and procedure of this study to the water budget analysis considering safety standards for the design of impounding facilities large-scale river basin and for this purpose, above all, it is considered that expansion of reliable preciptation data is needed in watershed rainfall station.

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CARTIER OPERATORS ON COMPACT DISCRETE VALUATION RINGS AND APPLICATIONS

  • Jeong, Sangtae
    • Journal of the Korean Mathematical Society
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    • v.55 no.1
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    • pp.101-129
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    • 2018
  • From an analytical perspective, we introduce a sequence of Cartier operators that act on the field of formal Laurent series in one variable with coefficients in a field of positive characteristic p. In this work, we discover the binomial inversion formula between Hasse derivatives and Cartier operators, implying that Cartier operators can play a prominent role in various objects of study in function field arithmetic, as a suitable substitute for higher derivatives. For an applicable object, the Wronskian criteria associated with Cartier operators are introduced. These results stem from a careful study of two types of Cartier operators on the power series ring ${\mathbf{F}}_q$[[T]] in one variable T over a finite field ${\mathbf{F}}_q$ of q elements. Accordingly, we show that two sequences of Cartier operators are an orthonormal basis of the space of continuous ${\mathbf{F}}_q$-linear functions on ${\mathbf{F}}_q$[[T]]. According to the digit principle, every continuous function on ${\mathbf{F}}_q$[[T]] is uniquely written in terms of a q-adic extension of Cartier operators, with a closed-form of expansion coefficients for each of the two cases. Moreover, the p-adic analogues of Cartier operators are discussed as orthonormal bases for the space of continuous functions on ${\mathbf{Z}}_p$.

Spectral Analysis of DC Link Ripple Currents in Three-Phase AC/DC/AC PWM Converters (3상 AC/DC/AC PWM 컨버터의 직류링크 리플전류의 주파수 영역 해석)

  • 이동춘;박영욱;석줄기
    • The Transactions of the Korean Institute of Power Electronics
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    • v.7 no.3
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    • pp.244-252
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    • 2002
  • In this paper, do link ripple currents for three-phase ac/dc/ac PWM converters feeding adjustable speed ac machine drives are analysed in a frequency domain. The expression of the harmonic currents is developed by using switching functions of the converter and exponential courier series expansion. The effect of the displacement angle between the switching Periods of line-side converters and motor-side inverters on the dc link ripple currents is Investigated. Also, the influence of asynchronization of PWM is observed. The result of analysis is compared with frequency spectrum which results from PSIM simulation. The proposed analysis technique is useful to understand the principles of P% and to derive an equivalent model of the dc link capacitors in a high frequency range.

Analysis of Non-Linear Behavior in Silty Sand (실트질 모래지반의 비선형 거동특성 분석)

  • Lee, Kyung-Sook;Kim, Hyun-Ju;Lee, Jun-Hwan
    • Proceedings of the Korean Geotechical Society Conference
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    • 2005.03a
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    • pp.1159-1166
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    • 2005
  • In the present study, a series of laboratory tests with sands of different silt contents, are conducted and methods to assess non-linear behaviors based on in-situ test results are proposed. Modified hyperbolic stress-strain model is used to analyze non-linearity of silty sands in terms of non-linear degradation parameters f and g as a function of silt contents and relative density $D_R$. Stress-strain relationship results were obtained from a series of triaxial tests on sands containing different amounts of silt. Initial shear modulus which was applied to normalize modulus degradation of silty sands were determined based on the resonant column test results. From the laboratory test results, it was observed that, as the relative density increases, values of f decrease and those of g increase. Cone resistance $q_c$ for silty soil condition used in the triaxial tests were estimated based on the cavity expansion analysis. A suggestion to make an estimation of degradation parameters f and g as a function of fine contents is addressed in terms of cone resistance $q_c$ .

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Identification of Volterra Kernels of Nonlinear System Having Backlash Type Nonlinearity

  • Rong, Li;Kashiwagi, H.;Harada, H.
    • 제어로봇시스템학회:학술대회논문집
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    • 1999.10a
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    • pp.141-144
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    • 1999
  • The authors have recently developed a new method for identification of Volterra kernels of nonlinear systems by use of pseudorandom M-sequence and correlation technique. And it is shown that nonlinear systems which can be expressed by Volterra series expansion are well identified by use of this method. However, there exist many nonlinear systems which can not be expressed by Volterra series mathematically. A nonlinear system having backlash type nonliear element is one of those systems, since backlash type nonlinear element has multi-valued function between its input and output. Since Volterra kernel expression of nonlinear system is one of the most useful representations of non-linear dynamical systems, it is of interest how the method of Volterra kernel identification can be ar plied to such backlash type nonlinear system. The authors have investigated the effect of application of Volterra kernel identification to those non-linear systems which, accurately speaking, is difficult to express by use of Volterra kernel expression. A pseudorandom M-sequence is applied to a nonlinear backlash-type system, and the crosscorrelation function is measured and Volterra kernels are obtained. The comparison of actual output and the estimated output by use of measured Volterra kernels show that we can still use Volterra kernel representation for those backlash-type nonlinear systems.

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Regional Drought Frequency Analysis with Estimated Monthly Runoff Series in the Nakdong River Basin (낙동강 유역의 유역 유출량 산정에 따른 지역별 가뭄 빈도분석)

  • 김성원
    • Magazine of the Korean Society of Agricultural Engineers
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    • v.41 no.5
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    • pp.53-67
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    • 1999
  • In this study, regional frequency analysis is used to determine each subbasin drought frequency with watershed runoff which is calculated with Tank Model in Nakdong river basin. L-Monments methd which is almost unbiased and nearly normal distribution is applied to estimate paramers of drought frequency analysis of monthly runoff time series. The duration of '76-77 was the most severe drought year than othe rwater years in this study. To decide drought frequency of each subbasin from the main basin, it is calculated by interpolaing runoff from the frequency-druoght runoff relationship. and the linear regression analysis is accomplished between drought frequency of main basin and that of each subbasin. With the results of linear regression analysis, the drought runoff of each subbasin is calculated corresponing to drought frequency 10,20 and 30 years of Nakdong river basin considering safety standards for the design of impounding facilities. As the results of this study, the proposed methodology and procedure of this study can be applied to water budget analysis considering safety standards for the design of impounding facilities in the large-scale river basin. For this purpose, above all, it is recommanded that expansion of reliable observed runoff data is necessary instead of calculated runoff by rainfall-runoff conceptual model.

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