• Title/Summary/Keyword: aggregate data

Search Result 672, Processing Time 0.027 seconds

Capital Inflow Shocks and House Prices: Aggregate and Regional Evidence from Korea

  • Tillmann, Peter
    • East Asian Economic Review
    • /
    • v.17 no.2
    • /
    • pp.129-159
    • /
    • 2013
  • Over the course of the recent global financial crisis, emerging economies experienced massive swings in capital inflows. In this paper, we estimate a VAR model to assess the impact of capital inflow shocks, which are identified using a set of sign restrictions, on house prices in Korea. We base the analysis on three alternative measures of capital inflows: net total inflows, net portfolio inflows and gross total inflows. The results suggest that capital inflow shocks have a significantly positive and persistent effect on real house prices. Although shocks to capital inflows are found to be substantially more important for Korean asset markets than for other OECD countries, their overall explanatory power is modest. Using regional house price data we also show that capital inflow shocks have an asymmetric effect on property markets across the seven largest Korean cities and across different parts of Seoul.

Prediction of Elastic Modulus of Unidirectional Short Fiber Composite Materials (일방향으로 배열된 단섬유 보강 복합재료의 탄성률 예측)

  • 임태원;권영두;한경섭
    • Transactions of the Korean Society of Mechanical Engineers
    • /
    • v.14 no.2
    • /
    • pp.407-412
    • /
    • 1990
  • Elastic modulus of unidirectional short fiber composite has theoretically derived with the consideration of Poisson's ratios of matrix and fiber. Unidirectional short fiber composite is modeled as an aggregate of grains developed by Kerner. Under the assumption of extra strain at fiber ends, the strain distribution along the fiber's length is determined, and the elastic modulus is derived from this distribution. For the consideration of effects of Poisson's ratio, Kerner's results for particulate composites are adapted as boundary conditions. The effect of differences in Poisson's ratio of fiber and matrix on elastic modulus is studied. Proposed equation shows a good agreement with experimental data of Halpin and Tock, et al.

RSA vs DEM in view of particle packing-related properties of cementitious materials

  • Li, Kai;Stroeven, Piet
    • Computers and Concrete
    • /
    • v.22 no.1
    • /
    • pp.83-91
    • /
    • 2018
  • Various systems for simulating particulate matter are developed and used in concrete technology for producing virtual cementitious materials on the different levels of the microstructure. Basically, the systems can be classified as two distinct families, namely random sequential addition systems (RSAs) and discrete element methods (DEMs). The first type is hardly being used for this purpose outside concrete technology, but became popular among concrete technologists. Hence, it is of utmost relevance to compare the two families in their capabilities, so that the reliability of produced data can be estimated. This paper pursues to do this on the basis of earlier published material of work performed by a succession of PhD students in the group of the second author. Limited references will be given to external sources.

Job Creation, Destruction, and Regional Employment Growth: Evidence from Korean Establishment-level Data

  • CHO, JANGHEE;CHUN, HYUNBAE;LEE, YOONSOO;YI, INSILL
    • KDI Journal of Economic Policy
    • /
    • v.37 no.4
    • /
    • pp.55-74
    • /
    • 2015
  • Using the Census on Establishments collected by Statistics Korea, we analyze how the patterns of job creation and destruction differ across counties (si-gun-gu). We measure aggregate employment changes due to establishment startups, expansions, contractions, and shutdowns for each county and quantify the role of such reallocations in explaining variation in employment growth across counties. Overall we find that both rates of net entry and job creation play an important role in explaining differences in net job creation rates across regions. Moreover, counties with high employment growth rates also tend to have high exit and job destruction rates, which suggests that an active process of job reallocation is a key source of regional employment growth.

  • PDF

A micromechanical model for ceramic powders (세라믹 분말의 변형거동 해석을 위한 미소역학모델)

  • Ha, Sang-Yul;Park, Tae-Uk;Kim, Ki-Tae
    • Proceedings of the KSME Conference
    • /
    • 2008.11a
    • /
    • pp.668-673
    • /
    • 2008
  • In this paper, we developed a physically-based micromechanical model for inelastic deformation of ceramic powders. The aggregate response of ceramic particles was modeled using the two-surface yield function which considered the shear-induced dilatancy caused by friction, rolling resistance and cohesion between powder particles and consolidation caused by plastic deformation of powder themselves under high compression. The constitutive equations were implemented into the user-subroutine VUMAT of finite element program ABAQUS/Explicit. The material parameters in the constitutive model were identified by calibrating the model to reproduce data from triaxial compression tests and simple compression tests. The density distribution obtained by using the proposed model was in good quantitative agreement with the experimental results of the triaxial compression and cold isostaic compression as well.

  • PDF

Comparative Advantage of the United States and South Korean Manmade Textile Industries

  • Shin, Eonyou;Keenan, Caitlyn;Karpova, Elena
    • Fashion, Industry and Education
    • /
    • v.14 no.1
    • /
    • pp.1-9
    • /
    • 2016
  • This study examined the comparative advantage of manmade textile (MMT) industries in the United States (US) and South Korea (SK). The Revealed Comparative Advantage (RCA) framework was used to assess the MMT industries' performance in both countries from 2004 to 2013. With the recent ratification of the United States-South Korea Free Trade Agreement (KORUS FTA), it is important to understand the current state of these industries. Using UN Comtrade export data, the RCA index values were calculated and analyzed for 27 MMT commodities, three aggregate groups, and the whole industry. It was found that SK had a consistent comparative advantage for the whole industry. Furthermore, SK had a larger number of products with a comparative advantage. The research findings indicate that the MMT industry in SK is likely to outperform the US following the complete ratification of the KORUS FTA.

Identification of Multi-Fuzzy Model by means of HCM Clustering and Genetic Algorithms (HCM 클러스터링과 유전자 알고리즘을 이용한 다중 퍼지 모델 동정)

  • 박호성;오성권
    • 제어로봇시스템학회:학술대회논문집
    • /
    • 2000.10a
    • /
    • pp.370-370
    • /
    • 2000
  • In this paper, we design a Multi-Fuzzy model by means of HCM clustering and genetic algorithms for a nonlinear system. In order to determine structure of the proposed Multi-Fuzzy model, HCM clustering method is used. The parameters of membership function of the Multi-Fuzzy ate identified by genetic algorithms. A aggregate performance index with a weighting factor is used to achieve a sound balance between approximation and generalization abilities of the model. We use simplified inference and linear inference as inference method of the proposed Multi-Fuzzy mode] and the standard least square method for estimating consequence parameters of the Multi-Fuzzy. Finally, we use some of numerical data to evaluate the proposed Multi-Fuzzy model and discuss about the usefulness.

  • PDF

A Dynamic QoS Model for improving the throughput of Wideband Spectrum Sharing in Cognitive Radio Networks

  • Manivannan, K.;Ravichandran, C.G.;Durai, B. Sakthi Karthi
    • KSII Transactions on Internet and Information Systems (TIIS)
    • /
    • v.8 no.11
    • /
    • pp.3731-3750
    • /
    • 2014
  • This paper considers a wideband cognitive radio network (WCRN) which can simultaneously sense multiple narrowband channels and thus aggregate the detected available channels for transmission and studies the ergodic throughput of the WCRN that operated under: the wideband sensing-based spectrum sharing (WSSS) scheme and the wideband opportunistic spectrum access (WOSA) scheme. In our analysis, besides the average interference power constraint at PU, the average transmit power constraint of SU is also considered for the two schemes and a novel cognitive radio sensing frame that allows data transmission and spectrum sensing at the same time is utilized, and then the maximization throughput problem is solved by developing a gradient projection method. Finally, numerical simulations are presented to verify the performance of the two proposed schemes.

Review Methods of Pumping Effciency using the Concrete flow Table Test (콘크리트 플로 테이블 테스트를 활용한 압송성 검토 방법)

  • Kwon, Hae-Won;Gong, Min-Ho;Kim, Bong-Sup;Yu, Jong-Jin
    • Proceedings of the Korean Institute of Building Construction Conference
    • /
    • 2016.05a
    • /
    • pp.9-10
    • /
    • 2016
  • This study is purposed to review the confirm method of pumping efficiency using the concrete flow table test in Korea environment. This test method is registered as the "EN 12350-5, Testing fresh concrete. Flow table test" in Eurocode. When applying this test in the Korea construction environment, we reviewed that reasonably apply on the Korean construction Environment. As a result, test results analysis showed that the reality looks a big difference. Its cause is believed to be due to the shape of coarse & fine aggregate. But it will be better predict method, through the correlation analysis of construction data and the standard(Placing Concrete by pumping Methods(ACI Manual of concrete Practice 304.2R-96)).

  • PDF

Clustering Algorithm of Hierarchical Structures in Large-Scale Wireless Sensor and Actuator Networks

  • Quang, Pham Tran Anh;Kim, Dong-Seong
    • Journal of Communications and Networks
    • /
    • v.17 no.5
    • /
    • pp.473-481
    • /
    • 2015
  • In this study, we propose a clustering algorithm to enhance the performance of wireless sensor and actuator networks (WSANs). In each cluster, a multi-level hierarchical structure can be applied to reduce energy consumption. In addition to the cluster head, some nodes can be selected as intermediate nodes (INs). Each IN manages a subcluster that includes its neighbors. INs aggregate data from members in its subcluster, then send them to the cluster head. The selection of intermediate nodes aiming to optimize energy consumption can be considered high computational complexity mixed-integer linear programming. Therefore, a heuristic lowest energy path searching algorithm is proposed to reduce computational time. Moreover, a channel assignment scheme for subclusters is proposed to minimize interference between neighboring subclusters, thereby increasing aggregated throughput. Simulation results confirm that the proposed scheme can prolong network lifetime in WSANs.