• KSII Transactions on Internet and Information Systems (TIIS)
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• v.12 no.12
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• pp.5898-5916
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• 2018

In this paper, the downlink performance of multi-cell distributed antenna systems (DAS) with a single user in each cell is investigated. Assuming the channel state information is available at the transmitter, four transmission modes are formulated as combinations of remote antenna units (RAUs) selection and cooperative transmission, namely, non-cooperative transmission without RAU selection (NCT), cooperative transmission without RAU selection (CT), non-cooperative transmission with RAU selection (NCT_RAUS), and cooperative transmission with RAU selection (CT_RAUS). By using probability theory, the cumulative distribution function (CDF) of a user's signal to interference plus noise ratio (SINR) and the system ergodic capacity under the above four modes are determined, and their closed-form expressions are obtained. Furthermore, the system energy efficiency (EE) is studied by introducing a realistic power consumption model of DAS. An expression for determining EE is formulated, and the closed-form tradeoff relationship between spectral efficiency (SE) and EE is derived as well. Simulation results demonstrate their consistency with the theoretical analysis and reveal the factors constraining system EE, which provide a scientific basis for future design and optimization of DAS.

• The Journal of Asian Finance, Economics and Business
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• v.8 no.5
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• pp.523-531
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• 2021

Vietnam's Oil and gas industry make a significant contribution to the Gross Domestic Product of Vietnam. The ongoing COVID-19 pandemic has hit every industry hard, but perhaps the one industry which has taken the biggest hit is the global oil and gas industry. The purpose of this article is to examine how the COVID-19 pandemic affects the share price of the Vietnam Oil and Gas industry. The event study method applied to Oil and Gas industry index data around three event days includes: (i) The date Vietnam recognized the first patient to be COVID-19 positive was January 23, 2020; (ii) The second outbreak of COVID-19 infection in the community began on March 6, 2020; (iii) The date (30/3/2020) when Vietnam announced the COVID-19 epidemic in the whole territory. This study found that the share price of the Vietnam Oil and Gas industry responded positively after the event (iii) which is manifested by the cumulative abnormal return of CAR (0; 3] = 3.8% and statistically significant at 5 %. In the study, event (ii) has the most negative and strong impact on Oil and Gas stock prices. Events (i) favor negative effects, events (iii) favor positive effects, but abnormal return change sign quickly from positive to negative after the event date and statistically significant shows the change on investors' psychology.

• The Journal of Asian Finance, Economics and Business
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• v.8 no.1
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• pp.675-685
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• 2021

The purpose of this study is to examine the reaction of stock prices on the implementation of Extensible Business Reporting Language (XBRL) in companies listed on the Indonesia Stock Exchange (IDX). Using the event study method and calculating abnormal returns of the 2015 financial statements of 462 companies listed on the IDX, findings showed that 49 companies have not applied the XBRL format in their financial statements. Based on the results of the Average Abnormal Return (AAR) and Cumulative Average Abnormal Return (CAAR) values, using the one-sample test, investors react to shares in companies that have not implemented XBRL and who have implemented XBRL; however, based on the independent t-test based on average values there are differences between companies that have not applied XBRL and those who have implemented XBRL. This research only looks at the one-year implementation of XBRL in financial reporting (2015), then the research does not separate which companies are on time in the delivery of financial statements to the public through the IDX website. Our research contributes to the understanding of the use of XBRL in corporate financial reporting because before the XBRL financial reporting format was published, the company had published a financial statement format based on the legal provisions of financial statements in Indonesia.

• Transactions of the Korean hydrogen and new energy society
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• v.25 no.2
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• pp.122-130
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• 2014

Attrition characteristics of WGS catalysts for pre-combustion $ CO_2$ capture were investigated to check attrition loss of those catalysts, to check change of particle size distribution during attrition tests, and to determine solid circulation direction of WGS catalysts in a SEWGS system. The cumulative attrition losses of two catalysts increased with increasing time. However, attrition loss under humidified condition was lower than that under non-humidified condition case for long-term attrition tests. Between two catalysts, attrition loss of PC-29 catalyst was higher than that of commercial catalyst for long-term attrition tests. However, the commercial catalyst generated much more fines than PC-29 catalyst during attrition. Therefore, we conclude that the PC-29 catalyst is more suitable for fluidized bed operation if we take into account the separation efficiency of cyclone. Based on the results from the tests for the effect of humidity on the attrition loss, we selected solid circulation direction from SEWGS reactor to regeneration reactor because the SEWGS reactor contains more water vapor than regeneration reactor.

• The Journal of Asian Finance, Economics and Business
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• v.8 no.3
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• pp.361-372
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• 2021

This research aimed to analyze the momentum strategy of foreign investors with the smallest trading transactions in the Indonesian stock market. This study applied a quantitative method approach using intraday transaction data of companies listed on the LQ-45 Index for March, April, and May 2017, obtained from the Indonesia Capital Market Institute (TICMI) which is a subsidiary of the Indonesia Stock Exchange (IDX). The number of companies with available data is 35 companies, consisting of 23 non-government stocks and 12 government stocks. The number of observations from the 35 companies was 8,686,030 observations where the government companies recorded 2,751, 545 and the non-government companies 1,387,016 observations. All data was then squeezed and grouped into small, medium, and large trade transaction orders. The data analysis method used was paired t-test with SPSS to analyze cumulative abnormal returns in the formulation and test periods. This study found that small foreign investors carried out momentum strategies on stocks listed on the LQ-45 Index. However, re-testing was done by separating government and non-government shares. It turned out that small foreign investors performed a momentum strategy on non-government and a contrarian strategy on government.

• Journal of The Korean Astronomical Society
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• v.55 no.3
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• pp.75-86
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• 2022

The lunar surface progressively darkens and reddens as a result of sputtering from solar wind particles and bombardment of micrometeoroids. The extent of exposure to these space weathering agents is frequently calculated as the location in a diagram of reflectance at 750 nm vs. 950 nm/750 nm color (R-C). Sim & Kim (2018) examined the R-C trends of pixels within ~3,500 craters, and revealed that the length (L) and skewness (s) of R-C trends can be employed as a secondary age or maturity indicator. We broaden this research to general lunar surface areas (3,400 tiles of 0.25° × 0.25° size) in 218 mare basalt units, whose ages have been derived from the size-frequency distribution analysis by Hiesinger et al. (2011). We discover that L and s rise with age until ~3.2 Gyr and reduce rather rapidly afterward, while the optical maturity, OMAT, reduces monotonically with time. We show that in some situations, when not only OMAT but also L and s are incorporated in the estimation utilizing 750 & 950 nm photometry, the age estimation becomes considerably more reliable. We also observed that OMAT and the lunar cratering chronology function (cumulative number of craters larger than a certain diameter as a function of time) have a relatively linear relationship.

• Journal of Korean Society of Industrial and Systems Engineering
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• v.45 no.3
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• pp.123-130
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• 2022

Pair trading is a statistical arbitrage investment strategy. Traditionally, cointegration has been utilized in the pair exploring step to discover a pair with a similar price movement. Recently, the clustering analysis has attracted many researchers' attention, replacing the cointegration method. This study tests a clustering-driven pair trading investment strategy in the Korean stock market. If a pair detected through clustering has a large spread during the spread exploring period, the pair is included in the portfolio for backtesting. The profitability of the clustering-driven pair trading strategies is investigated based on various profitability measures such as the distribution of returns, cumulative returns, profitability by period, and sensitivity analysis on different parameters. The backtesting results show that the pair trading investment strategy is valid in the Korean stock market. More interestingly, the clustering-driven portfolio investments show higher performance compared to benchmarks. Note that the hierarchical clustering shows the best portfolio performance.

• Nuclear Engineering and Technology
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• v.55 no.1
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• pp.248-253
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• 2023

Directly, it is not possible to measure the absorbed dose of radiopharmaceuticals in the organs of the human body. Therefore, simulation methods are utilized to estimate the dose in distinct organs. In this study, individual organs were separately considered as the source organ or target organ to calculate the mean absorption dose, which SAF and S factors were then calculated according to the target uptake via MIRD method. Here, ^99mTc activity distribution within the target was analyzed using the definition and simulation of ideal organs by summing the fraction of cumulative activities of the heart as source organ. Thus, GATE code was utilized to simulate the Zubal humanoid phantom. To validate the outcomes in comparison to the similar results reported, the accumulation of activity in the main organs of the body was calculated at the moment of injection and cardiac rest condition after 60 min of injection. The results showed the highest dose absorbed into pancreas was about 21%, then gallbladder 18%, kidney 16%, spleen 15%, heart 8%, liver 8%, thyroid 7%, lungs 5% and brain 2%, respectively, after 1 h of injection. This distinct simulation model may also be used for different periods after injection and modifying the prescribed dose.

• The Journal of Asian Finance, Economics and Business
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• v.9 no.3
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• pp.105-112
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• 2022

The current study is at the forefront of examining the theory of principal-agent framework and financing constraints to explain the level of corporate innovation. To boost the firm's level of innovation, this study uses corporate governance and corporate performance as driving factors. The study's secondary goal is to give information on the parallel relationship between corporate governance and the level of corporate innovation. This study used a two-step least square (TSLS) regression analysis to examine such a simultaneous association using secondary data from Indonesian listed businesses from 2000 to 2021, which totaled around 1,910 observations. This study uses the Principal Component Analysis (PCA) tool to test cumulative variances of potential corporate governance indicators such as the total commissioner of the firm (TCOM), total independent commissioner of the firm (INDPCOM), the proportion of institutional ownership (INSOWN), total female commissioner (FEMCOM), CEO duality (CEODUAL), and type of the firm (SOE). As a result, PCA reveals that four of these variables, omitting CEODUAL and SOE, were a corporate governance construct. Furthermore, the study discovered that the amount of firm innovation and corporate governance are related.

• Proceedings of the Korea Water Resources Association Conference
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• 2021.06a
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• pp.205-205
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• 2021

Surface soil moisture, which governs the partitioning of precipitation into infiltration and runoff, plays an important role in the hydrological cycle. The assimilation of satellite soil moisture retrievals into a land surface model or hydrological model has been shown to improve the predictive skill of hydrological variables. This study aims to improve streamflow prediction with Weather Research and Forecasting model-Hydrological modeling system (WRF-Hydro) by assimilating Soil Moisture Active and Passive (SMAP) data at 3 km and analyze its impacts on hydrological components. We applied Cumulative Distribution Function (CDF) technique to remove the bias of SMAP data and assimilate SMAP data (April to July 2015-2019) into WRF-Hydro by using an Ensemble Kalman Filter (EnKF) with a total 12 ensembles. Daily inflow and soil moisture estimates of major dams (Soyanggang, Chungju, Sumjin dam) of South Korea were evaluated. We investigated how hydrologic variables such as runoff, evaporation and soil moisture were better simulated with the data assimilation than without the data assimilation. The result shows that the correlation coefficient of topsoil moisture can be improved, however a change of dam inflow was not outstanding. It may attribute to the fact that soil moisture memory and the respective memory of runoff play on different time scales. These findings demonstrate that the assimilation of satellite soil moisture retrievals can improve the predictive skill of hydrological variables for a better understanding of the water cycle.