• Title/Summary/Keyword: contribution to growth

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The significance of galaxy mergers in stellar mass growth as a function of galaxy and halo mass

  • Lee, Jaehyun;Yi, Sukyoung K.
    • The Bulletin of The Korean Astronomical Society
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    • v.40 no.1
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    • pp.46.3-46.3
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    • 2015
  • As theoretical and empirical studies have pointed out, galaxy mergers play a pivotal role in galaxy mass assembly histories. Its contribution is considered to be more significant in more massive galaxies. In order to quantitatively understand the origin of stellar components in galaxies, we investigated stellar mass assembly histories as a function of galaxy and halo mass using semi-analytic approaches. In this study, we found that the most massive galaxies (log $M/M_{\odot}$ ~ 11.75 at z = 0), which are mostly the brightest cluster galaxies, obtain roughly 70% of their stellar components via mergers. The role of mergers monotonically declines with galaxy mass: less than 20% for log $M/M_{\odot}$ = 10.75 at z = 0. The contribution of galaxy mergers to stellar mass growth decays more slowly than that of in-situ star formation. Therefore, merger accretion becomes a dominant channel for stellar mass growth of the most massive group since z~2. However, when it comes to central galaxies in haloes less massive than $10^{13}_{\odot}$, star formation is always dominant.

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The Impacts of Chinese Seaborne Trade Volume on The World Economy (중국 품목별 수출입이 세계 경제에 미치는 영향 실증분석)

  • Ahn, Young-Gyun;Lee, Min-Kyu
    • Korea Trade Review
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    • v.42 no.6
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    • pp.111-129
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    • 2017
  • According to the World Bank statistics, China's contribution to global economic growth during the year of 2013-2016 was estimated at 31.6 percent. This figure is even larger than 29.0 percent, the contribution by summing each contribution of the United States, EU and Japan. The Chinese commodity trade accounts for up to 11.5 percent of world trade volume. Thus, we can consider that the Chinese economy has a strong influence on the global economy. The primary purpose of this study is to analyze the contribution level of Chinese seaborne trade volume on world economy. First, this study conducted a time-lag analysis using Moran test, so we can find that China's level of contribution to global economic growth varies from time to time. The contribution of the first phase (1999-2007) was nearly three times higher than the contributions from the second phase (2008-2016), suggesting that the overall contraction of the global trade volume starting from the subprime mortgage crisis in 2008 has continued until recently and recovery has not even occurred. Second, using the econometrics model, this study conducted an regression analysis of the impact of Chinese imports and exports in chemicals, grain, steel, crude oil, and container on global economic growth. Fixed effects model with time series data has been applied to examine the effect of Chinese seaborne trade volume on global economic growth. According to the empirical analysis of this study, China's exports of steel products, exports of container, imports of containers, imports of crude oil and imports of grain have significant contributions to global economic growth. Estimates of China's exports of steel products, exports of container, imports of containers, imports of crude oil and imports of grain are 1.023, 1.020, 1.019, 1.007 and 1.006, respectively. For example, the estimated value 1.023 of China's exports of steel products means that the growth rate can be 1.023 times higher than the current world GDP growth rate if Chinese seaborne trade volume of exports of steel products increased by one unit (one million tons). This study concludes that the expansion of China's imports and exports should be realized first to increase the global GDP growth rate. The expansion of Chinese trade can lead to a simultaneous stimulus of production and consumption in China, which can even lead to global economic growth ultimately. Thus, depending on how much China's trade will be broaden in the future, the width of global economic growth can be determined.

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Growth Accounting Analysis of Korean Port-Logistics Industry (한국의 항만물류산업의 성장회계 분석)

  • Kang, Sang-Mok;Park, Myung-Sun
    • Journal of Korea Port Economic Association
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    • v.23 no.4
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    • pp.49-69
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    • 2007
  • The purpose of this study is to analyze contribution factors of economic growth through growth accounting analysis in Korean port-logistics industry. Comparing with the average level of entire industry for 1990-2003, the contributions of total factor productivity and labor in port-logistics industry were high, but that of capital stock was very low. The pattern of growth in Korean port-logistics industry has greatly changed before and after Korean financial crisis. Before the 1997 financial crisis, the economic growth rate of port-logistics industry was 14.1%, which is higher than that of the whole industries, 7.7% for 1990-1998. Main contribution factors of the economic growth rate were the growth of capital stock and productivity, but ratios of their contributions were relatively low and did not come up to that for the whole industry. After the financial crisis, annualized growth rate of GDP in port-logistics industry had rapidly declined at 5.4% for 1998-2003, which did not get to that of the entire industry (10.1%). The main contribution factors of the economic growth rate over the 1998-2003 period were capital stock 13.1%, labor 57.0 %, and total factor productivity 29.9 %, Such growth pattern as excess dependence on growth of labor brought reduction of the rate of economic growth with degradation of productivity growth in the Korean port-logistics industry.

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'Green Growth' and the Possible Contribution of Geomorphologic Studies ('녹색성장'과 지형학적 연구의 기여)

  • Kim, Jong-Yeon
    • Journal of the Korean Geographical Society
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    • v.45 no.1
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    • pp.75-94
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    • 2010
  • 'Green growth' is the development strategy for the sustainable society through the harmony between the environment and economy. The 'green growth' was defined and accepted by UNESCAP and countries in Asia-Pacific region. OECD also accepted it as their new development policy. 'Green New Deal' was also proposed as a new social/economic policy to response three global crisis: environmental, resources and economic. Social and environmental sustainability are the most important principles of this policy. In Korea, however, the 'green growth' is redefined and used by the government and politicians as an economic policy to support the new technology on energy efficiency and renewable energy. In here, the definitions of green growth in the world and in Korea are analysed and compared, and new term is proposed. Green growth is the development policy to response environmental crisis (ie. climate changes) to transform the society to environmentally and socially sustainable one. The possible contribution of geomorphologic researches to green growth was also proposed.

A Study of Vision Algorithm Development for Growth Monitoring of Potato Microtubers (인공씨감자 생육상태 모니터링을 위한 화상처리 알고리즘 개발에 관한 연구)

  • Choi, J.W.;Chung, G.J.;Lim, S.J.;Choi, S.L.;Chung, H.;Nam, H.W.
    • Journal of Biosystems Engineering
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    • v.23 no.4
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    • pp.373-380
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    • 1998
  • The contribution of this paper is to provide the methods for the production automation of potato microtuber using the vision process in growth monitoring. The first method deals with computation for the growth density in the primary growth process. The second method addresses cognition process to identify the number and the volume of potato microtuber in secondary growth process. The third is to decide whether potato microtubers are infected by a virus or bacteria in growth process. The computation for the growth density in the primary growth process uses the method of Labeling. The second and third methods use template matching based on color patterns. With the developed method using vision process, this experiment is capable of discriminating weekly growth-rate in primary growth process, 85% cognition rate in secondary process and identifying whether there are infections. Therefore, we conclude that our experimental results are capable of growth monitoring for mass production of potato microtubers.

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An Empirical Study on the Export and Import Effects of Foreign Direct Investment on the Blue Economic Zone of the Shandong Peninsula in China

  • Lee, Sung-Joon;Zhai, Shuai
    • Journal of Distribution Science
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    • v.11 no.1
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    • pp.15-23
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    • 2013
  • Purpose - During a reform period lasting 30 years, the Blue Economic Zone (BEZ) in the Shandong Peninsula has made progress in attracting foreign investment, and has acquired the foreign direct investment (FDI) essential for economic growth. It is therefore important to conduct a proactive and systematic study of FDI in the BEZ. Research design, data, methodology - This dissertation discusses the contribution of FDI on economic growth, from both a theoretical and empirical perspective. Taking seven core cities for study, statistics and econometrics are used, and panel data are used to validate FDI contribution to import and export in the BEZ. Results- FDI was found to exert both positive and negative influences on the imports and exports of the BEZ. In other words, the research findings are consistent with Trade Generated and Inverse Trade Generated theories put forward by Kojima and Mundell, among other researchers mentioned earlier in this paper. Further, FDI has greatly increased imports and exports for the BEZ. Conclusions - According to the results of this empirical study on local investment environment optimization, FDI plays an important role in foreign trade. This dissertation puts forward recommendations on using FDI to better promote economic growth in the BEZ.

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Health Care Reform for Sustainability of Health Insurance (건강보험의 지속을 위한 개혁과제)

  • Lee, Kyu-Sik
    • Korea Journal of Hospital Management
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    • v.15 no.4
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    • pp.1-26
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    • 2010
  • We achieved both industrialization and democratization during the shortest period in the world. We also achieved good performance in national health insurance: universal coverage, solidarity in financing, equitable access of health care. However, national health insurance system has faced the problem of sustainability: various expenditure and financing problems. The problem of sustainablity has two facets of economic sustainability and fiscal sustainability. Economic sustainability refers to growth in health spending as a proportion of gross domestic product(GDP). Rapid increasing rate of health spending exceeds the growth rate of domestic product. Growth in health spending is more likely to threaten other areas of economic activity. Concern on fiscal sustainability relates to revenue and expenditure on health care. Health care financing face demographic and technical obstacles. Democratic obstacle is aging problem. Technical obstacle is collection of contribution. Expenditure of health care has various problems in benefit structure and efficiency of health care system. In this article, I suggest several policy reforms to enhance sustainability: generating additional revenue from value added tax, changing method of levying contribution, increasing efficiency of health care system by introducing the competition principle. restructuring of benefit scheme of health insurance. contracting with health care institutions to provide health care services.

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Publication Trends and Citation Impact of Tribology Research in India: A Scientometric Study

  • Rajendran, P.;Elango, B.;Manickaraj, J.
    • Journal of Information Science Theory and Practice
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    • v.2 no.1
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    • pp.22-34
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    • 2014
  • This paper analyzes India's contribution to world tribology research during the period 2001-2012 based on SCOPUS records. India's global publication share, annual output, and its citation impact of Indian contribution, partner countries, leading contributors, leading institutes, and highly cited papers were analyzed. Additionally, a cloud technique is used to map frequently used single words in titles. It is observed that India ranks in the $7^{th}$ position with a global publication share of 3.83% and an annual average growth rate of 25.58% during the period 2001-2012. The citation impact of India's contribution is 6.05 which decreased from 12.74 during 2001-2006 to 4.62 during 2007-2012. 17.4% of India's total research output was published with international collaboration.

International Trade and Logistics of Kazakhstan and Its Trading Partners: Contribution to Economic Growth and Distribution of Trade Flows

  • Zhanarys RAIMBEKOV;Zhibek RAKHMETULINA;Tana ABYLAIKHANOVA;Bakyt SYZDYKBAYEVA;Aigerim RAKHMETULINA
    • Journal of Distribution Science
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    • v.21 no.9
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    • pp.67-79
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    • 2023
  • Purpose: To investigate the intensity of bilateral international trade of the Silk Road Economic Belt (SREB) countries with Kazakhstan, its relationship with logistics (LPI), to assess their contribution to economic growth and distribution of commodity flows. Research design, data, and methodology: The method of analyzing the bilateral trade flow was applied by using the trade intensity index (TII) and a multidimensional regression model describing the relationship between LPI and its components, TII, the volume of exports and imports, GDP. Results: The nature and directions of the relationship between TII and the key components of logistics, the positive impact of LPI on the intensity of trade are established. It is revealed that the intensity of trade between the countries in the direction of the EAEU-Kazakhstan has a greater impact on the growth of LPI than in the opposite direction. At the same time, the higher the level of trade integration and the volume of GDP, the stronger their impact on the efficiency of logistics and distribution of commodity flows. Conclusions: Effective distribution of commodity flows will require the development of logistics components based on the direction of bilateral trade and the size of countries, the intensification of state reforms in the field of international trade and distribution logistics.

Seasonal Difference in Macroinvertebrate Contribution to the Leaf Litter Breakdown in a Headwater Stream at Mt. Jumbong (점봉산 소하천의 낙엽분쇄에 대한 대형무척추동물 기여도의 계정간 차이)

  • Chung, Keun
    • The Korean Journal of Ecology
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    • v.19 no.6
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    • pp.563-573
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    • 1996
  • Macroinvertebrate contribution to the leaf litter breakdown of Carpinus cordata was estimated at headwater streams at Mt. Jumbong (38°03'N, 128°25'E) during spring and winter spring by using two types of litter bag. Coarse-mesh bags with 10 g of leaf letter were placed in a 1st-order stream in April (the spring experiment) and December 1995 (the winter-spring experiment). Fine-mesh bags with 5 g of leaf letter were placed in a nearby 3ed-order steam. The breakdown of Carpinus in coarse-mesh bags was rapid, and, in terms of season, leaf litter processed rapidly during spring. daily mass loss rates of leaf litter (-k±1 SE) were highest for coarse-mesh bags in the spring experiment (-0.0429±0.0048), followed by coarse-mesh bags in the winter-spring (-0.0146±0.0014), fine-mesh bags in the spring (-0.0078±0.0004), fine-mesh bags in the winter-spring experiment (-0.0054±0.0005). Macroinvertebrate contribution to the litter breakdown was estimated by the difference of % leaf letter remaining between coarse -mesh bage and fine-mesh bags. Although shredders were more abundant during the winter-spring, their contribution was greater during the spring (50%) than the winter-spring (22∼33%). This result appeared to be due to the change in the chemical composition of leaf letter during processing, and to the seasonal growth patterns of major shredder taxa.

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