• Economic and Environmental Geology
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• 제50권6호
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• pp.467-476
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• 2017

Volcanic rocks related to the Guamsan cadera, which find in the southeastern Cheongsong, are divided into Volcanic breccia, Guamsan Tuff and Post-collapse intrusions. We determined their eruption, intrusion and caldera-forming timings based on SHRIMP U-Pb zircon dating. The dating results yield earlier eruption age of $63.77{\pm}0.94Ma$ from the lower ash-flow tuff and an later eruption age of $60.1{\pm}1.8Ma$ from the upper ash-flow tuff of the Guamsam Tuff, and intrusion age of $60.65{\pm}0.95Ma$ from the rhyolite ring dyke of the Post-collapse intrusions. The age data suggest that the Guamsan caldera is formed in 60.65~60.1 Ma between eruption of the upper ash-flow tuff and intrusion of the rhyolite ring dyke. The Guamsan cadera exhibits the volcanic processes of a perfect igneous cycle passing from ash-flow eruptions through caldera collapse to ring intrusions during 63.77~60.1 Ma.

• Economic and Environmental Geology
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• 제50권6호
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• pp.517-523
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• 2017

A linear relationship between two stable water isotopes, oxygen and hydrogen, has been used to understand the water cycle as a basic tool. A slope and intercept from the linear relationship indicates what kind of physical processes occur during movement of water. Traditionally, ordinary least squares (OLS) method has been utilized for the linear relationship, but total least squares (TLS) method provides more accurate slope and intercept theoretically because isotopic compositions of both oxygen and hydrogen have uncertainties. In this work, OLS and TLS were compared with isotopic compositions of snow and snowmelt collected from the King Sejong Station, Antarctica and isotopic compositions of water vapor observed by Lee et al. (2013) in the western part of Korea. The slopes from the linear relationship of isotopic compositions of snow and snowmelt at the King Sejong Station were estimated to be 7.00 (OLS) and 7.16(TLS) and the slopes of stable water vapor isotopes were 7.75(OLS) and 7.87(TLS). There was a melting process in the snow near the King Sejong Station and the water vapor was directly transported from the ocean to the study area based on the slope calculations. There is no significant difference in two slopes to interpret the physical processes. However, it is necessary to evaluate the slope differences from the two methods for studies for example, groundwater recharge processes, using the absolute slope values.

• Journal of Korea Port Economic Association
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• 제35권3호
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• pp.61-72
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• 2019

In order to enhance the competitiveness of the container shipping industry and promote its development, based on the empirical analyses using multivariate time series models, this study aims to suggest a few strategies related to the dynamics of the container shipping market. It uses the vector autoregressive (VAR) and vector error correction (VEC) models as analytical methodologies. Additionally, it uses the annual trade volumes, fleets, and freight rates as the dataset. According to the empirical results, we can infer that the most exogenous variable, the trade volume, exerted the highest influence on the total dynamics of the container shipping market. Based on these empirical results, this study suggests some implications for ship investment, freight rate forecasting, and the strategies of shipping firms. Concerning ship investment, since the exogenous trade volume variable contributes most to the uncertainty of freight rates, corporate finance can be considered more appropriate for container ship investment than project finance. Concerning the freight rate forecasting, the VAR and VEC models use the past information and the cointegrating regression model assumes future information, and hence the former models are found better than the latter model. Finally, concerning the strategies of shipping firms, this study recommends the use of cycle-linked repayment scheme and services contract.

• Journal of Service Research and Studies
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• 제10권3호
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• pp.1-22
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• 2020

This study was conducted to derive the new manager model in service economy era. It was logically explained that the modern economic society is different from the existing economic society, the modern organization that is the subject of management is different from the existing organization, and the tasks required by management are different from the existing tasks. It suggested the managerial model required for new managers. According to the proposed manager's model, the tasks required of new managers and essential qualities as managers to perform the tasks were presented. It suggested the role model that managers with required qualities should play. The role of a manager who becomes one with customers, the role of a manager who controls even his irrationality, the role of a manager who combines discernment and indiscriminateness, a flexible leadership role that combines charisma and tenderness, an administrator role that embraces regulations and non-regulations, and vision and non-vision. We derived the role of a manager who manages management, and a manager role model that utilizes both competition and non-competition. The managers engage in two opposing roles and perform management activities in a spiral dialectical cycle that develops while resolving the contradictions of each role. The method of embracing the two opposing parties internally and externally and the dialectical management execution process according to the change of the space-time axis were presented by borrowing the models of The Book of Change. Future research needs an empirical analytical study on this new Model. There is a need for studies that expand this study and develop it into a practical model and verify it in an analytical way.

• Economic and Environmental Geology
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• 제52권1호
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• pp.37-48
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• 2019

In geological $CO_2$ sequestration, the behavior of $CO_2$ within a reservoir can be characterized as two-phase flow in a porous media. For two phase flow, these processes include drainage, when a wetting fluid is displaced by a non-wetting fluid and imbibition, when a non-wetting fluid is displaced by a wetting fluid. In $CO_2$ sequestration, an understanding of drainage and imbibition processes and the resulting NW phase residual trapping are of critical importance to evaluate the impacts and efficiencies of these displacement process. This study aimed to observe migration and residual trapping of immiscible fluids in porous media via cyclic injection of drainage-imbibition. For this purpose, cyclic injection experiments by applying n-hexane and deionized water used as proxy fluid of $scCO_2$ and pore water were conducted in the two dimensional micromodel. The images from experiment were used to estimate the saturation and observed distribution of n-hexane and deionized water over the course drainage-imbibition cycles. Experimental results showed that n-hexane and deionized water are trapped by wettability, capillarity, dead end zone, entrapment and bypassing during $1^{st}$ drainage-imbibition cycle. Also, as cyclic injection proceeds, the flow path is simplified around the main flow path in the micromodel, and the saturation of injection fluid converges to remain constant. Experimental observation results can be used to predict the migration and distribution of $CO_2$ and pore water by reservoir environmental conditions and drainage-imbibition cycles.

• Economic and Environmental Geology
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• 제54권2호
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• pp.187-197
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• 2021

The Hyeongjeseom (Islet) is an erosional remnant of volcano which is located about 2 km northeast of sea shore of the Songaksan tuff ring, and is composed of volcaniclastic deposit, agglomerate and scoria deposit, ponded lava, aa lava flows, reworked deposit and beach deposit in ascending order from the base. The volcano is formed by volcaniclastic deposits and lava flows that recorded a transition from initial phreatomagmatic to magmatic explosions followed by lava effusion. It is interpreted that the outcropped volcaniclastic deposit may be a remaining portion of outer ring of a tuff cone. A bomb and a ponded lava yield geochemically basaltic trachyandesite compositions (SiO2 51.3 wt%, Na2O+K2O 6.0 wt%) and belong to olivine basalt with scarce (<5 %) phenocrysts of olivine, petrographically. By incremental heating Ar-Ar dating method, the plateau age of lava flow in the Heongjesom is 9.2±3.6(2σ) ka, implying that the volcanism of Heongjeseom may have occurred earlier than the Songaksan tuff ring which erupted ca. 3.7 ka. It still remains a task to find a volcano which matches with a historical record of volcanic activity that occurred a thousand years ago.

• Economic and Environmental Geology
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• 제54권1호
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• pp.35-48
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• 2021

The Gumi basin, situated in the mid-southeastern Yeongnam Massif, has the Cretaceous stratigraphy that is divided into Gumi Formation, andesitic rocks (Yeongamsan Tuff, Busangni Andesite), rhyolitic rocks (Obongni Tuff, Doseongul Rhyolite, Geumosan Tuff) and Intrusives (ring dikes, other dikes) in ascending order. The Geumosan Tuff is composed mostly of many ash-flow tuffs which are associated with Geumosan caldera along with the ring dikes. The caldera is outlined by ring faults and dikes and has about 3.5 × 5.6 km in diameters. The intracaldera volcanics show a downsag structure that is dipped inward in their flow and welding foliations. The caldera block represent an asymmetric subsidence, which drops 350 m in the northern margin and 600 m in the southern one. Based on these data, the Geumosan caldera is geometrically classified as an asymmetric piston subsidence caldera that suggests a single caldera cycle. The caldera reflects the piston subsidence of the caldera block bounded by the outward-dipping ring faults following a voluminous eruption of magma from the chamber. The downsag in the caldera block refers to the downsagging during the initial subsidence at the same time as the full development of the bound fault. In the ring fissures following the sagging, magma was injected due to the overpressure of magma chamber caused by subsidence.

• International Area Studies Review
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• 제20권1호
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• pp.105-125
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• 2016

The expansionary monetary policy was practiced after 2001 in Japan to treat the deflation spiral, and reduced only the nominal interest rates and domestic household demand. One of the most serious factors for this failure was the change of private sector's expectancy. This paper has studied the effect of Japanese monetary policy in 21c., with empirical research based on a renewed macroeconomic model and the VAR. The empirical analysis shows that the effect of monetary policy on the national income during 2001.01-2015.03 is weaker than that of 1985.01-1994.04. Money volume has a diminutive effect on the growth of GDP within a short term after 2001. The change in the expectations of the private sectors might have been the cause of ineffectiveness of the expansive monetary policy. Economic agents learned from the past Japanese financial crisis that an expansive monetary policy increased the inflation rate and caused the 'bubbles to burst' afterwards. The VAR analysis says that the effectiveness of monetary policy on the economic depression declined over the past 20 years and the expansion of money volume has no influence on exchange rate and net export. This means that the expansive monetary policy lost its effect on net export and national income steadily. Monetary policy makers have to recognize this fact, and to consider another anti-cycle political instrument, i.e. the fiscal policy with government debt.

• Journal of Korea Port Economic Association
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• 제38권3호
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• pp.87-104
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• 2022

Considering the complex structure and high volatility in the shipping market, it is important to investigate the connectedness amongst influencing factors. This study explores the dynamic relationship between supply-demand factors and shipping freight indices. We choose Capesize and Panamax in the bulk carrier market and use quarterly data of GDP, world fleet, BCI, and BPI from 1999 to 2021. Applying the wavelet analysis and wavelet Granger causality test, the simultaneous examination of co-movement and causality between two factors and the shipping market in both the time and frequency domains is achieved. We find that co-movement and causality vary across time and frequencies, thereby existing dynamic relationships between variables. Second, compared to multiple coherencies using demand and supply factors together, partial coherencies indicate noticeable causalities. It implies that analyzing demand and supply factors separately is essential. Finally, shipping freight indices show a high correlation with the demand factor in a good market and with the supply factor in a bad market. Generally, GDP positively leads shipping freights in the recovery phase while the world fleet negatively leads shipping freights in the downturn. The research is meaningful in that the rarely-applied wavelet analysis is adopted in the shipping market and that it gives a reasonable ground to explain the role of supply and/or demand factors in different phases of the market cycle.

• Journal of Korean Society of Disaster and Security
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• 제15권3호
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• pp.89-99
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• 2022

Bridges are a key infrastructure that underpins economic and social activities. In Korea, bridges began to be built with economic development in the 1970s and were built intensively in the 1980s and 1990s. In recent years, as the number of bridges with a service life of more than 30 years is increasing, continuous maintenance is required to ensure the safety of the bridges. In particular, in order to cope with the aging of bridges, research on technology development such as maintenance using ICT technology, preventive maintenance, life cycle cost reduction, and long life bridge is being actively promoted. This paper presents the results of correlation analysis based on the safety evaluation data of bridges as part of the research on the development of a model for estimating load-carrying capacity of bridges. As a analysis result, indicators highly correlated with the load-carrying capacity of the bridge was derived.