• Journal of Korea Trade
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• v.26 no.2
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• pp.21-44
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• 2022

Purpose - This study quantifies sources of trade balance dynamics over the business cycle in Korea. Specifically, we quantify the relative importance of domestic and foreign factors on trade balance dynamics using a small open economy real business cycle (SOE-RBC) model and provide policy implications for stabilization policies. Aggregate productivity and interest rate spreads are considered domestic factors affecting the trade balance. A world interest rate (the U.S. interest rate) is considered a foreign factor. Design/methodology - Following Neumeyer and Perri (2005), we build the SOE-RBC model with three types of shocks: aggregate productivity, interest rate spread, and world interest shocks. The model is estimated by the generalized method of moments (GMM) using relevant business cycle statistics. The estimated model is used for quantifying the relative importance of domestic and foreign factors on trade balance dynamics in Korea. Findings - Our main findings can be summarized as follows: 85.64% of the trade balance fluctuations in Korea are explained by domestic factors, the remaining 14.35% by foreign factors. Particularly, trade balance dynamics are mostly accounted for by the change in aggregate productivity shocks (85.58%). World interest rate shocks considerably explain trade balance (14.35%), whereas the role of interest rate spread shocks that represent domestic risks is limited (0.08%). Although aggregate productivity is key in explaining trade balance dynamics in Korea, interest rates still have an essential role. This is because aggregate productivity changes induce interest rate spread variations and, thus, the trade balance significantly. The results suggest that government policies mitigating fluctuations in aggregate productivity would be effective for stabilization policies in Korea by reducing the trade balance volatility. Originality/value - Existing studies on the emerging market business cycle examine mostly Latin American countries, and the main object of the studies is the volatility of consumption rather than trade balance dynamics. Conversely, our study examines Korea rather than Latin American countries. Additionally, we examine sources of trade balance dynamics, which are relatively more important in Korea, rather than those of the volatility of consumption. Hence, we estimate the model to explicitly match moments related to trade balance in the data.

• Proceedings of the Korean Institute of Building Construction Conference
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• 2015.11a
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• pp.120-121
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• 2015

In this research, to evaluate the influence of using non-KS aggregate on concrete performance, the engineering properties of normal strength concrete were assessed depending on the KS aggregate and non-KS aggregate from various sources in mid-Korea. From the experiment, when the non-KS aggregate was used, low compressive strength was achieved with increased water-to-cement ratio caused by increased unit water due to high absorption rate of the non-KS aggregate.

• Journal of Soil and Groundwater Environment
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• v.22 no.2
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• pp.10-16
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• 2017

Recently, the gap between demand and supply of natural aggregate has increased owing to the depletion of aggregate sources. Therefore, policy support is necessary for the stable supply of aggregate resources. Public and construction works experience problems when they do not receive a steady supply of aggregate. Further, instabilities in aggregate supply lead to increases in aggregate prices, and consequently construction costs. As a result, the likelihood of poor construction using low-grade aggregate increases. It is therefore crucial to put measures in place that deal with these issues. This study aims to reduce the load imposed by aggregate use on the environment by recycling soil dredged from sewage ducts to reduce the gap between supply and demand of fine aggregate. The dredged soil is assessed using an applicability test for quality characteristics and solidification with basic properties. This study aims to secure the safety of dredging soil and solidified objects through interior physical and chemical analyses and to utilize it as a base material for concrete solidification in the future.

• Proceedings of the Korean Institute of Building Construction Conference
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• 2015.11a
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• pp.145-146
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• 2015

When using non KS aggregate muck pile in general, compared to when using KS aggregate, when obtaining an identical slump a high unit quantity of water was confirmed, and when designing the concrete mix the compressive strength of concrete decreased due to an increase in W/B. Therefore because the use of non KS aggregate decreases the liquidity, strength and durability etc. qualities of concrete from an overall performance point of view, there is a need for the used of KS aggregate and when using aggregate that does not adhere to KS standards, it is determined there is a need for appropriate concrete mix design and care.

• The Journal of Korean Institute of Communications and Information Sciences
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• v.29 no.1B
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• pp.86-100
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• 2004

To provide the end-to-end service differentiation for assured services, the random early demotion and promotion (REDP) marker in the edge router at each domain boundary monitors the aggregate flow of the incoming in-profile packets and demotes in-profile packets or promotes the previously demoted in-profile packets at the aggregate flow level according to the negotiated interdomain service level agreement (SLA). The REDP marker achieves UDP fairness in demoting and promoting packets through random and early marking decisions on packets. But, TCP fairness of the REDP marker is not obvious as for UDP sources. In this paper, to improve TCP fairness of the REDP marker, we propose a modified REDP marker where we combine a dropper, meters and a token filling rate configuration component with the REDP marker. To make packet transmission rates of TCP flows more fair, at the aggregate flow level the combined dropper drops incoming excessive in-profile packets randomly with a constant probability when the token level in the leaky bucket stays in demotion region without incoming demoted in-profile packets. Considering the case where the token level cannot stay in demotion region without the prior demotion, we propose a token filling rate configuration method using traffic meters. By using the token filling rate configuration method, the modified REDP marker newly configures a token filling rate which is less than the negotiated rate determined by interdomain SLA and larger than the current input aggregate in-profile traffic rate. Then, with the newly configured token filling rate, the token level in the modified REDP marker can stay in demotion region pertinently fir the operation of the dropper to improve TCP fairness. We experiment with the modified REDP marker using ns2 simulator fur TCP sources at the general case where the token level cannot stay in demotion region without the prior demotion at the negotiated rate set as the bottleneck link bandwidth. The simulation results demonstrate that through the combined dropper with the newly configured token filling rate, the modified REDP marker also increases both aggregate in-profile throughput and link utilization in addition to TCP fairness improvement compared to the REDP marker.

• Journal of the Korean Recycled Construction Resources Institute
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• v.2 no.2
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• pp.76-82
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• 2006

High-strength, High-durability concrete appearance was embossed by benevolence who quality for each raw material that become factor that is direct in concrete manufacture and the special quality is very important and request properties of matter were also strengthened more. Specially, natural resources of good quality were abundant past in occasion of aggregate and unlike concrete request strength past that the importance was less relatively the quality enemy than cement because is also not big, importance of aggregate quality great veried as concrete strength and request properties of matter about durability are strengthened more on extreme displacement. Mixing four who is original and mixs special quality examination of domestic three Four-Stick Games by Chaechwiwon and age Four-Stick Games and crushed sand examined concrete quality characteristic that use mortar and concrete quality characteristic, special quality of North Korea sun guardian mountain three Four-Stick Games that is imported from the North Korea, North Korea sun guardian mountain three Four-Stick Games etc..

• Proceedings of the Korean Institute of Building Construction Conference
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• 2015.11a
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• pp.17-18
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• 2015

In the case of concrete recently manufactured with a concrete mixing truck, although aggregate and cement are used as the main ingredients, from a costs savings perspective, low quality aggregates are processed and used as concrete aggregate. In the case of these low quality aggregates, the unit volume and unit binder weights are increased for manufacturing, and due to this problems such as dry shrinking of the architecture and economic infeasibility have arisen. Therefore by changing the aggregate material and the unit binder weights that are currently being distributed, this research analyzes the influence on concrete.

• The Journal of Engineering Geology
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• v.13 no.3
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• pp.345-358
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• 2003

Recently, the reuse of coarse aggregate derived from demolished concrete was introduced into practice with two environmental aspects: protection of natural sources of aggregate and recycling of construction waste. However, recycled aggregate has been used for the very limited application such as subbase material for pavement and constructional filling material because it was considered as low quality constructional materials. In the present study, in order to examine the possibility that recycled aggregate can be used for concrete mixing, we conducted various experimental tests to identify mineralogical, chemical and mechanical properties of recycled aggregate and to determine the workability and mechanical properties of recycled aggregate concrete (RAC). The cement paste and mortar contained in recycled aggregate significantly affect the basic mechanical properties of aggregate and the workability and mechanical properties of RAC. However, RCA mixed with the proper replacement ratio of recycled aggregate shows the comparable compressive strength and freeze and thaw resistance to those of normal concrete. Therefore, it is considered that recycled aggregate can be widely used for concrete if the cement paste and mortar can be efficiently removed from recycled aggregate and/or if the effective replacement ratios of recycled aggregate are applied for mixing concrete.

• Economic and Environmental Geology
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• v.57 no.2
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• pp.161-175
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• 2024

Aggregate typically refers to sand and gravel formed by the transportation of rocks in rivers or artificially crushed, constituting a core resource in the construction industry. Gyeongsangbuk-do, the largest administrative area in South Korea, produces various sources of gravel, including forest, land (excluding other sources), river, and crushed stone. As of 2022, it has extracted approximately 6.96 million cubic meters of aggregate, with permitted production totaling around 4.07 million cubic meters and reported production of about 2.88 million cubic meters. The aggregate demand in Gyeongsangbuk-do is estimated to be 12.39 million cubic meters according to the estimation method in Ready-Mix Concrete. From the supply perspective, about 120 extraction sites are operational, with most municipalities maintaining an appropriate balance between aggregate demand and supply. However, in some areas, there is inbound and outbound transportation of aggregate to neighboring regions. Regions with significant inbound and outbound aggregate transportation in Gyeongsangbuk-do are areas connected to Daegu Metropolitan City and Pohang City along the Gyeongbu rail line, showing a high correlation with population distribution. Gyeongsangbuk-do faces challenges such as population decline, aging rural areas, and insufficient balanced regional development. Analysis using GIS reveals these trends in gravel demand and supply. Currently in this study, Gyeongsangbuk-do meets its demand for aggregate through the supply of various aggregate sources, maintaining stable aggregate procurement. River and terrestrial aggregates may be sustained as short-term supply strategies due to the difficulty of longterm development. Considering the reliance on raw material supply for selective crushing, it suggests the need for raw material management to maintain stability. Gyeongsangbuk-do highlights quarries in the forest as an important resource for sustainable aggregate supply, advocating for the development of large-scale aggregate quarries as a long-term alternative. These research findings are expected to provide valuable insights for formulating strategies for sustainable management and stable utilization of aggregate resources.

• Journal of Korean Society of Water and Wastewater
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• v.23 no.6
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• pp.735-741
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• 2009

This study intends to evaluate the efficiency of non-point source reduction technique by using the porous lightweight and recycled aggregate which microorganism is seeded. In case of infiltration velocity 30~70 mm/hr in high concentration of influent, it is indicated that SS was 40~94%, COD 44~91%, BOD 4~91%, TN 1.2~66%, TP 7~70% of removal efficiency. Removal efficiency is good in infiltration velocity 30 > 50 > 70㎜/hr order. Therefore, the non-point source treatment facility filled with lightweight and recycled aggregate using microbial seeding shows higher removal efficiency than a conventional sand and gravel. We confirm that the function and efficiency are improved significantly and applied to treat non-point sources.