• Title/Summary/Keyword: Unit Root

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Analysis of the Phillips Curve: An Assessment of Turkey

  • NAR, Mehmet
    • The Journal of Asian Finance, Economics and Business
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    • v.8 no.2
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    • pp.65-75
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    • 2021
  • This study analyzes the validity of the Phillips curve with regards to Turkey. The existence and direction of the causality relationship (reason-outcome relationship) between unemployment and inflation is investigated using inflation and unemployment data for the period 1980-2019. Unit root tests were utilized to evaluate the stationarity of the series. In line with the Zivot-Andrews unit root test, which was developed in response to the criticism of the failure of studies that presented macro-variables like inflation to consider traditional unit root tests, in this research, the Engle-Granger cointegration test was implemented to check whether the series could perform a joint action, and, finally, the Granger causality relationship was explored. According to the results of the analysis, over the relevant period there was a single directional causality relationship from inflation toward unemployment in Turkey. The importance of this relationship at the 10% significance level indicates the existence of many different factors that affect inflation and unemployment. Given the existence of a cointegration and causality relationship between inflation and unemployment, it can be said that, in Turkey, the Phillips curve is valid for the period 1980-2019 and that an increase of 1% in inflation will reduce the unemployment rate by 0.028%.

Regional House Prices and the Ripple Effect in the Yangtze River Delta Region

  • Chang, Tengyuan;Deng, Xiaopeng;Tan, Yuting;Zhou, Qianwen
    • International conference on construction engineering and project management
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    • 2017.10a
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    • pp.62-72
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    • 2017
  • In this study, liner unit root tests and panel unit root tests to the ratio of city to regional house price were applied to examine the ripple effects across 28 cities in the Yangtze River Delta region. Then invert LM unit root tests with two structural breaks for 10 representative cities were conducted. The results showed that there is overwhelming evidence of the existence of ripple effect in the Yangtze River Delta region, while segmentation is restricted to a small group of cities in which there is no long-run relationship with the Yangtze River Delta region average; compared to no- and one-break case, there is overwhelming evidence of a ripple effect with the LM test with two structural breaks. Furthermore, the results of the Granger causality test showed that changes in house prices in Shanghai, Nanjing and Hangzhou have led to changes in house prices in other cities. The findings of this research make certain contributions to the improvements of research system of ripple effect among regional house prices in the Yangtze River Delta Region,and could be referenced by other markets of other cities.

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Effects of continuous force application for extrusive tipping movement on periapical root resorption in the rat mandibular first molar

  • Matsumoto, Yoshiro;Sringkarnboriboon, Siripen;Ono, Takashi
    • The korean journal of orthodontics
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    • v.48 no.5
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    • pp.339-345
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    • 2018
  • Objective: The purpose of this study was to clarify the effects of continuous force application for extrusive tipping movement and occlusal interference on periapical root resorption in the rat mandibular first molar. Methods: We constructed an appliance comprising a titanium screw implant with a cobalt-chromium post as the anchorage unit and a nickel-titanium closed coil spring (50 cN) as the active unit. Force was applied on the mandibular left first molar of rats for 8 (n = 10) and 15 days (n = 10; experimental groups), with the tooth in occlusion. Five rats were included as a non-treated control group to examine the body effect of the appliance. Active root resorption lacunae, identified using tartrate-resistant acid phosphatase, were evaluated in terms of the length, depth, and area. Results: The rat mandibular first molars were mesially tipped and extruded in the occlusal direction. This mesio-occlusal tipping movement and occlusion resulted in the formation of a compression zone and active root resorption lacunae in the distoapical third of the distal roots. However, there was no significant difference in the amount of root resorption between the two experimental groups. The control group did not exhibit any active root resorption lacunae. Conclusions: Periapical root resorption was induced by continuous extrusive tipping force and occlusal interference in rat mandibular molars. These data suggest that we orthodontists had better take care not to induce occlusal interference during our orthodontic treatment.

Antioxidant Enzyme Activity and Antimicrobial Activity of Isatis tinctoria Extract (대청 추출물의 항산화 효소 활성 및 항균 효과)

  • Heo, Buk-Gu;Park, Yun-Jum;Lee, Seung-Jin;Kim, Kwan-Su;Cho, Ja-Yong;Boo, Hee-Ock
    • Korean Journal of Plant Resources
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    • v.25 no.5
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    • pp.543-549
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    • 2012
  • To gather the basic data for increasing the utilization of Isatis tinctoria, we examined the effects of both antioxidative enzyme activity and antimicrobial activity from the extract of Isatis tinctoria. Ascorbate Peroxidase activities reveal that there is an decrease in order; ethanol extract from its stem (1601.7 Unit/mg protein), methanol extract from its leaf (1133.7 Unit/mg protein) and distilled water extract from its leaf (524.3 Unit/mg protein). Catalase activities reveal that there is an decrease in order; ethanol extract from its flower petal (177.1 Unit/mg protein), methanol extract from its leaf (120.8 Unit/mg protein) and distilled water extract from its flower petal (55.4 Unit/mg protein). Peroxidase activities reveal that there is an decrease in order; ethanol extract from its flower petal (27.1 Unit/mg protein), methanol extract from its flower petal (14.6 Unit/mg protein) and distilled water extract from its stem (10.4 Unit/mg protein). Superoxide dismutase activities reveal that there is an increase in order; distilled water extract from its root (90.8%), methanol extract from its flower petal (80.1%) and ethanol extract from its root (75.5%). Its flower extract showed a antimicrobial activity only against Vibrio parahaemolyticus, its root extract had only against Staphylococcus aureus, and its stem extract had against Bacillus subtilis, Escherichia coli and Staphylococcus aureus, regardless of solvents. Especially, distilled water extract from its leaf showed a high antimicrobial activity against both Bacillus subtilis and Escherichia coli and inhibition diameters against those were 30.0 and 24.0 mm, respectively.

Comparative Analysis of Root and Shoot Growth between Tongil and Japonica Type Rice

  • Kang, Si-Yong;Shigenori Morita
    • KOREAN JOURNAL OF CROP SCIENCE
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    • v.43 no.3
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    • pp.161-167
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    • 1998
  • Root and shoot development of two rice (Oryza sativa L.) cultivars with different genetic backgrounds was studied with reference to their relative growth. Tongil type (indica-japonica hybrid) cultivar 'Kuemkangbyeo' and japonica cultivar 'Koshihikari' were grown in $5000^{-1}$ a Wagnar pots under flooded condition. Three plants with roots of both cultivars were taken in every phyllochron through the heading stage to record morphological characteristics of shoot and root system. Compared to Koshihikari, Kuemkangbyeo produced more tillers and had greater shoot weight and leaf area per hill. Length and weight of the root system in both cultivars increased exponentially with time. At the same time, root system development was significantly faster in Kuemkangbyeo than in Koshihikari after the panicle initiation stage. As a result, Kuemkangbyeo has a vigorous root system which consists of larger number of nodal roots compared to Koshihikari. Also, the root length and weight per unit leaf area of Kuemkangbyeo were larger than those of Koshihikari in the later half of growing period, which suggests possible higher physiological activity of the root system of Kuemkangbyeo which is known as a high-yielding cultivar. The relationship between root traits (crown root number, total root length, and root dry weight) and shoot traits (leaf area and leaf+culm dry weight) in both cultivars closely showed allometry until the flag leaf stage.

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A design of transcendental function arithmetic unit for lighting operation of mobile 3D graphic processor (모바일 3차원 그래픽 프로세서의 조명처리 연산을 위한 초월함수 연산기 구현)

  • Lee, Sang-Hun;Lee, Chan-Ho
    • Proceedings of the IEEK Conference
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    • 2005.11a
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    • pp.715-718
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    • 2005
  • Mobile devices is getting to include more functions according to the demand of digital convergence. Applications based on 3D graphic calculation such as 3D games and navigation are one of the functions. 3D graphic calculation requires heavy calculation. Therefore, we need dedicated 3D graphic hardware unit with high performance. 3D graphic calculation needs a lot of complicated floating-point arithmetic operation. However, most of current mobile 3D graphics processors do not have efficient architecture for mobile devices because they are based on those for conventional computer systems. In this paper, we propose arithmetic units for special functions of lighting operation of 3D graphics. Transcendental arithmetic units are designed using approximation of logarithm function. Special function units for lighting operation such as reciprocal, square root, reciprocal of square root, and power can be obtained. The proposed arithmetic unit has lower error rate and smaller silicon area than conventional arithmetic architecture.

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Financial Development and Output Growth: A Panel Study for Asian Countries

  • Jun, Sangjoon
    • East Asian Economic Review
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    • v.16 no.1
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    • pp.97-115
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    • 2012
  • This paper investigates the relationship between financial markets and output growth for a panel of 27 Asian countries over 1960-2009. It utilizes the recently-developed panel cointegration techniques to test and estimate the long-run equilibrium relationship between real GDP and financial development proxies. Real GDP and financial development variables are found to have unit roots and to be cointegrated, based on various panel unit root tests and panel cointegration tests. We find that there is a statistically significant positive bi-directional cointegrating relationship between financial development and output growth by three distinct methods of panel cointegration estimation. Empirical findings suggest that financial market development promotes output growth and in turn output growth stimulates further financial development.

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Kth order Newton-Raphson's Floating Point Number Nth Root (K차 뉴톤-랍손 부동소수점수 N차 제곱근)

  • Cho, Gyeong-Yeon
    • IEMEK Journal of Embedded Systems and Applications
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    • v.13 no.1
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    • pp.45-51
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    • 2018
  • In this paper, a tentative Kth order Newton-Raphson's floating point number Nth root algorithm for K order convergence rate in one iteration is proposed by applying Taylor series to the Newton-Raphson root algorithm. Using the proposed algorithm, $F^{-1/N}$ and $F^{-(N-1)/N}$ can be computed from iterative multiplications without division. It also predicts the error of the algorithm iteration and iterates only until the predicted error becomes smaller than the specified value. Since the proposed algorithm only performs the multiplications until the error gets smaller than a given value, it can be used to improve the performance of a floating point number Nth root unit.

A Comparative Anatomy of the Secondary Xylem in the Roots and Stems of Some Pinus Plants (수종 소나무속 식물에 있어서 뿌리와 줄기의 이기목부에 관한 비교해부)

  • 임동옥
    • Journal of Plant Biology
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    • v.29 no.3
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    • pp.185-196
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    • 1986
  • Anatomical characteristics of the secondary xylem in the roots and the stems of genus Pinus including nine species growing naturally in Korea have been studied to elucidate the structural differences between two organs. The results, comparing the root woods with the stem woods, are as follows; The transition from the early-wood to the late-wood occurs more gradually in the root woods. In the root woods, the bordered pits on the radial wall of tracheid are frequent in the two rows. The spiral thickening on the radial and tangential wall of the tracheid can be seen in the only stem woods of four species such as P. koraiensis, P. rigida, P. rigitaeda and P. banksiana. In the majority of the species studied, the length of the tracheid is longer in the root woods, but in some species such as P. strobus, P. densiflora, P. rigida and P. sylvestris, this length is almost sam ein both organs. The diameter of the tracheid in the root woods is wider. The wall thickness of the tracheid in the early wood is thicker in the root woods, but vice versa in the late woods. More rays per unit area can be seen in the root woods.

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Joint Test for Seasonal Cointegrating Ranks

  • Seong, Byeong-Chan;Yi, Yoon-Ju
    • Communications for Statistical Applications and Methods
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    • v.15 no.5
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    • pp.719-726
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    • 2008
  • In this paper we consider a joint test for seasonal cointegrating(CI) ranks that enables us to simultaneously model cointegrated structures across seasonal unit roots in seasonal cointegration. A CI rank test for a single seasonal unit root is constructed and extended to a joint test for multiple seasonal unit roots. Their asymptotic distributions and selected critical values for the joint test are obtained. Through a small Monte Carlo simulation study, we evaluate performances of the tests.