• Title/Summary/Keyword: annual rate of change

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Does Asymmetric Relation Exist between Exchange Rate and Foreign Direct Investment in Bangladesh? Evidence from Nonlinear ARDL Analysis

  • QAMRUZZAMAN, Md.;KARIM, Salma;WEI, Jianguo
    • The Journal of Asian Finance, Economics and Business
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    • v.6 no.4
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    • pp.115-128
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    • 2019
  • The study aims to investigate the pattern of relationships such as symmetric or asymmetric, between exchange rate and foreign direct investment in Bangladesh by applying Autoregressive Distributed Lagged (ARDL) and nonlinear ARDL. In this study, we employed quarterly data for the period of 1974Q1 to 2016Q4. Data were collected and aggregated from various sources namely, Bangladesh Economic Review published by Ministry of Finance and statistical yearbook published by Bangladesh Bureau of Statistics and an annual report published by Bangladesh Bank. The relationship between exchange rate and FDI inflows attract immense interest in the recent periods, especially for developing countries' perspective. The results of the study ascertain the long run relationship between FDI, exchange rate, monetary policy, and fiscal policy. Considering the asymmetric assumption, the findings from NARDL confirm the existence of a long-run asymmetric relationship in the empirical equation. In the long run, it is observed that positive change that is the appreciation of exchange rate against USD decrease FDI inflows and negative shocks results in grater inflows of FDI, however, the positive shocks produce higher intensity that negative shocks in Exchange rate. For directional causality, the coefficients of error correction term confirm long-run causality, in particular, bidirectional causality unveiled between FDI and exchange rate.

Annual Change in Pulmonary Function and Clinical Characteristics of Combined Pulmonary Fibrosis and Emphysema and Idiopathic Pulmonary Fibrosis: Over a 3-Year Follow-up

  • Kim, Yu Jin;Shin, Seong Hyun;Park, Jeong-Woong;Kyung, Sun Young;Kang, Shin Myung;Lee, Sang-Pyo;Sung, Yon Mi;Kim, Yoon Kyung;Jeong, Sung Hwan
    • Tuberculosis and Respiratory Diseases
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    • v.77 no.1
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    • pp.18-23
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    • 2014
  • Background: Combined pulmonary fibrosis and emphysema (CPFE) have different pulmonary function tests (PFTs) and outcomes than idiopathic pulmonary fibrosis (IPF). The intention of this study was to identify unknown differences between CPFE and IPF by a retrospective comparison of clinical data including baseline and annual changes in pulmonary function, comorbidities, laboratory findings, clinical characteristics and cause of hospitalization. Methods: This study retrospectively enrolled patients with CPFE and IPF who had undergone PFTs once or several times per year during a follow-up period of three years. Baseline clinical characteristics and the annual changes in the pulmonary function during the follow-up period were compared between 26 with CPFE and 42 patients with IPF. Results: The baseline ratio of forced expiratory volume in one second to forced vital capacity ($FEV_1$/FVC%) in patients with CPFE was lower than that in patients with IPF ($78.6{\pm}1.7$ vs. $82.9{\pm}1.1$, p=0.041). The annual decrease in $FEV_1$/FVC in the CPFE was significantly higher than in the IPF. The annual decreases in diffusion capacity of carbon monoxide and FVC showed no significant differences between the two groups. The symptom durations of cough and sputum were in the CPFE significantly lower than in the IPF. The serum erythrocyte sedimentation rate level at the acute stage was significantly higher than in the IPF. There were no significant differences in the hospitalization rate and pneumonia was the most common cause of hospitalization in both study groups. Conclusion: The annual decrease of $FEV_1$/FVC was in patients with CPFE significantly higher than in the patients with IPF.

Analysis of Watershed Runoff and Sediment Characteristics due to Spatio-Temporal Change in Land Uses Using SWAT Model (SWAT 모형을 이용한 시.공간적 토지 이용변화에 따른 유량 및 유사량 특성분석)

  • Shin, Yong-Chul;Lim, Kyoung-Jae;Kim, Ki-Sung;Choi, Joong-Dae
    • KCID journal
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    • v.14 no.1
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    • pp.50-56
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    • 2007
  • In this study, the Soil and Water Assessment Tool (SWAT) model was used to assess spatiotemporal effects on watershed runoff and sediment characteristics due to land uses changes from 1999 to 2002 at the small watershed, located in Chuncheon-si, Gangwon province. The annual average flow rate of Scenario I (long-term simulation using land use of 1990), II (long-term simulation using land use of 1996), III(long-term simulation using land use of 200) and IV(simulation using land use of 1990, 1995, and 2000) in long-term simulation) using the SWAT model were 29,997,043 m3, 29,992,628 m3, 29,811,191 m3 and 29,931,238 m3, respectively. It was shown that there was no significant changes in estimated flow rate because no significant changes in land uses between 1990 and 2000 were observed. The annual average sediment loads of Scenarios I, II, III and IV for 15 year period were 36,643 kg/ha, 45,340 kg/ha , 27,195 kg/ha and 35,545 kg/ha, respectively. The estimated annual sediment loads from Scenarios I, II, and III, were different from that from the scenario IV, considering spatio-temporal changes in land use and meterological changes over the years, by 10%, 127%, and temporal changes in land use and meterological changes over the years, by 10%, 127%, and 77%. This can be explained in land use changes in high soil erosion potential areas, such as upland areas, within the study watershed. The comparison indicates that changes in land uses upland areas, within the study watershed. The comparison indicates that changes in land uses can affect on sediment yields by more than 10%, which could exceed the safety factor of 10% in Total Maximum Daily Loads (TMDLs). It is, therefore, recommended that not only the temporal analysis with the weather input data but also spatial one with different land uses need to be considered in long-term hydrology and sediment simulating using the SWAT model

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Yield and Missing Plant Rate of Panax ginseng Affected by the Annual Change in Physico-chemial Properties of Ginseng Cultivated Soil (토양이화학성(土壤理化學性)의 년차변화(年次變化)가 인삼수량(人蔘收量) 및 결주율(缺株率)에 미치는 영향(影響))

  • Lee, Il-Ho;Yuk, Chang-Soo;Park, Hoon
    • Korean Journal of Soil Science and Fertilizer
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    • v.22 no.1
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    • pp.18-24
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    • 1989
  • The effect of soil physico-chemical properties of pre and post soil preparation and permanent bed period on growth and yield was analysed by two models of annual variation and percent annual change (PAC). 1. Aggregation, porosity, bulk density except moisture were significantly different in each year from preparation to the 6th year while all soil chemical properties except Mg were significantly different in each year. 2. Soil physical properties showed significant simple correlation with yield and negative with the missing plant rate in each year while the electroconductivity ($EC_5$) of the 4th year showed significant correlation with yield. 3. Yield showed significant positive correlation with the variation of aggregation in permanent bed period, and negative with variation and PAC of aggregation of preplanting soil and variation of moisture in permanent bed period. Missing plant rate was negatively correlated with porosity variation of preplanting soil and positively with PAC of aggregation in preplanting soil and of moisture in permanent bed period. 4. According to multiple regression between yield and soil physical properties, porosity of preplanting soil was in the greatest contribution. Among aggregations, the variation in permanent bed period was in the greatest contribution.

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Development of Fugitive Emission Model of HFC-134a from Mobile Air Conditioner of Passenger Automobiles (승용차 냉방장치로부터의 온실가스 냉매인 HFC-134a 탈루배출모델에 대한 연구)

  • Kim, Seungdo;Kim, Suna;Kim, Eui-Kun
    • Journal of Korean Society for Atmospheric Environment
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    • v.28 no.5
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    • pp.518-526
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    • 2012
  • The objective of this research was to develop fugitive emission models of HFC-134a (Hydrofluorocarbon-134a) at the operation and disposal stages of passenger cars. It is essential to estimate the emission of HFC-134a from mobile air conditioner (MAC) due to its high Global Warming Potential (GWP) and extensive use as a refrigerant in MAC. The first-order emission model was introduced and the emission rate constant was assumed to be unvaried with time. A commercial recovery station of refrigerants was used to recover the HFC-134a from the MAC. Average emission rate constant and annual emission rate during the operation period of vehicle are estimated to be $0.0538{\pm}0.0092$ (n=21) $yr^{-1}$ and $5.2{\pm}0.6%$, respectively within a confidence interval of 95%. According to the model results, about 50% of HFC-134a would be emitted from the MAC during the 10 years operation of passenger cars. On the other hand, average remaining portion of HFC-134a in the MACs of scrap cars is $58.2{\pm}4.8%$ (n=50) within a confidence interval of 95%, suggesting that over 40% of the initially charged amount could be released fugitively after disposal provided that the HFC-134a would not be properly treated or recycled.

The condition and the analysis of the problems of the Japanese - The change of the Korean geriatric security law - (일본 유료 노인홈의 현황과 그 문제점 분석 - 우리나라 노인 복지법 개정에 즈음하여 -)

  • 신경주
    • Proceeding of Spring/Autumn Annual Conference of KHA
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    • 1993.09a
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    • pp.13-20
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    • 1993
  • In Korea, the elderly support has been accomplished by the families in the extended family system with the influence of the transmigration and the confucianism thought. But in Korea the drastic changes of society such as, the growth of the elderly pollution, the urbanization, the decrease of the birth rate, the increase of the working women, the growth of the nuclear families, etc., make the family difficult to take care of the elderly. Therefore, some people insist on the construction of the elderly home as the way to solve the elderly problems and some of corporations including profit-organizations are ready to participate the construction of the elderly home. They force the change of the current social security law because it is impossible to carry out the plans uncer the law. At this point, the conditions of the elderly home in Japan which is geographically close to Korea and has facillicated the elderly home business were examined at the consumer perspectives. The purpose of this study were to consider the possible problems in the elderly home and to prevent from happening another elderly problems in the future.

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Estimation of Regional Probable Rainfall based on Climate Change Scenarios (기후변화 시나리오에 따른 지역별 확률강우량)

  • Kim, Young-Ho;Yeo, Chang-Geon;Seo, Geun-Soon;Song, Jai-Woo
    • Journal of the Korean Society of Hazard Mitigation
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    • v.11 no.3
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    • pp.29-35
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    • 2011
  • This research proposes the suitable method for estimating the future probable rainfall based in 2100 on the observed rainfall data from main climate observation stations in Korea and the rainfall data from the A1B climate change scenario in the Korea Meteorological Administration. For all those, the frequency probable rainfall in 2100 was estimated by the relationship between average values of 24-hours annual maximum rainfalls and related parameters. Three methods to estimate it were introduced; First one is the regressive analysis method by parameters of probable distribution estimated by observed rainfall data. In the second method, parameters of probable distribution were estimated with the observed rainfall data. Also the rainfall data till 2100 were estimated by the A1B scenario of the Korea Meteorological Administration. Last method was that parameters of probable distribution and probable rainfall were estimated by the A1B scenario of the Korea Meteorological Administration. The estimated probable rainfall by the A1B scenario was smaller than the observed rainfall data, so it is required that the estimated probable rainfall was calibrated by the quantile mapping method. After that calibration, estimated probable rainfall data was averagely became approximate 2.3 to 3.0 times. When future probable rainfall was the estimated by only observed rainfall, estimated probable rainfall was overestimated. When future probable rainfall was estimated by the A1B scenario, although it was estimated by similar pattern with observed rainfall data, it frequently does not consider the regional characteristics. Comparing with average increased rate of 24-hours annual maximum rainfall and increased rate of probable rainfall estimated by three methods, optimal method of estimated future probable rainfall would be selected for considering climate change.

Analysis of climate change impact on flow duration characteristics in the Mekong River (기후변화에 따른 메콩강 유역의 미래 유황변화 분석)

  • Lee, Daeeop;Lee, Giha;Song, Bonggeun;Lee, Seungsoo
    • Journal of Korea Water Resources Association
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    • v.52 no.1
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    • pp.71-82
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    • 2019
  • The purpose of this study is to analyze the Mekong River streamflow alteration due to climate change. The future climate change scenarios were produced by bias corrections of the data from East Asia RCP 4.5 and 8.5 scenarios, given by HadGEM3-RA. Then, SWAT model was used for discharge simulation of the Kratie, the main point of the Mekong River (watershed area: $646,000km^2$, 88% of the annual average flow rate of the Mekong River). As a result of the climate change analysis, the annual precipitation of the Kratie upper-watershed increase in both scenarios compared to the baseline yearly average precipitation. The monthly precipitation increase is relatively large from June to November. In particular, precipitation fluctuated greatly in the RCP 8.5 rather than RCP 4.5. Monthly average maximum and minimum temperature are predicted to be increased in both scenarios. As well as precipitation, the temperature increase in RCP 8.5 scenarios was found to be more significant than RCP 4.5. In addition, as a result of the duration curve comparison, the streamflow variation will become larger in low and high flow rate and the drought will be further intensified in the future.

Changes of the Forest Types by Climate Changes using Satellite imagery and Forest Statistical Data: A case in the Chungnam Coastal Ares, Korea (위성영상과 임상통계를 이용한 충남해안지역의 기후변화에 따른 임상 변화)

  • Kim, Chansoo;Park, Ji-Hoon;Jang, Dong-Ho
    • Journal of Environmental Impact Assessment
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    • v.20 no.4
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    • pp.523-538
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    • 2011
  • This study analyzes the changes in the surface area of each forest cover, based on temperature data analysis and satellite imagery as the basic methods for the impact assessment of climate change on regional units. Furthermore, future changes in the forest cover are predicted using the double exponential smoothing method. The results of the study have shown an overall increase in annual mean temperature in the studied region since 1990, and an especially increased rate in winter and autumn compared to other seasons. The multi-temporal analysis of the changes in the forest cover using satellite images showed a large decrease of coniferous forests, and a continual increase in deciduous forests and mixed forests. Such changes are attributed to the increase in annual mean temperature of the studied regions. The analysis of changes in the surface area of each forest cover using the statistical data displayed similar tendencies as that of the forest cover categorizing results from the satellite images. Accordingly, rapid changes in forest cover following the increase of temperature in the studied regions could be expected. The results of the study of the forest cover surface using the double exponential smoothing method predict a continual decrease in coniferous forests until 2050. On the contrary, deciduous forests and mixed forests are predicted to show continually increasing tendencies. Deciduous forests have been predicted to increase the most in the future. With these results, the data on forest cover can be usefully applied as the main index for climate change. Further qualitative results are expected to be deduced from these data in the future, compared to the analyses of the relationship between tree species of forest and climate factors.

Carbon Uptake and Emissions in Urban Landscape, and the Role of Urban Greenspace for several Cities in Kangwon Province (강원도 일부도시의 경관내 탄소흡수 및 배출과 도시녹지의 역할)

  • 조현길
    • Journal of the Korean Institute of Landscape Architecture
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    • v.27 no.1
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    • pp.39-53
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    • 1999
  • This study quantified carbon uptake and emissions in urban landscape, and the role of urban greenspace in atmospheric carbon reduction for several cities of Chuncheon and Kangleung in Kangwon province. Mean carbon storage by trees and shrubs was 26.0 t (mertric tons)/ha in Chuncheon and 46.7 t/ha in Kangleung for natural lands, and ranged from 4.7 to 6.3 t/ha for urban lands (all land use types except natural and agricultural lands) in both cities. Mean annual carbon uptake by trees and shrubs ranged from 1.60 to 1.71 t/ha/yr for natural lands, and from 0.56 to 0.71 t/ha/yr for urban lands. There was no significant difference (95% confidence level) between the two cities in the carbon storage and annual carbon uptake per ha, except the carbon storage for natural lands. Organic carbon storage in soils (to a depth of 60 cm) of Chuncheon average 24.8 t/ha for urban lands and 31.6 t/ha for natural lands, 1.3 times greater than for urban lands. Annual carbon accumulation in soils was 1.3 t/hr/yr for natural lands of the study cities. Annual per capita carbon emissions from fossil fuel consumption were 1.3 t/yr in Chunceon and 1.8 t/yr in Kangleung. The principal carbon release in urban landscapes was from transport and industry. Total carbon storage by urban greenspace (trees, shrubs, and soils) equaled 66% of total carbon emissions in Chuncheon and 101% in Kangleung. Carbon uptake by urban greenspace annually offset total carbon emissions by approximately 4% in the study cities. Thus, urban greenspace played a partial important role in reducing atmospheric $CO_2$ concentrations. To increase $CO_2$ uptake and storage by urban greenspace, suggested are conservation of natural lands, minimization of hard surfaces and more plantings, selection of tree species with high growth rate, and proper management for longer healthy tree growth.

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