• Membrane Journal
• /
• v.33 no.3
• /
• pp.137-147
• /
• 2023

In this study, Br-PPO was developed by applying additive organic particles through a suspension polymerization synthesis method. The anion exchange membrane fuel cell system performance was evaluated using it to an anion exchange membrane. To improve the performance, organic ion exchange particles were prepared and added to the anion exchange membrane. Chemical structure analysis and synthesis were determined through FT-IR and NMR, and tensile strength and thermal stability were measured through TGA and UTM to determine whether it could be driven. Before the anion exchange membrane fuel cell test, the performance was evaluated by measuring the ion conductivity and ion exchange capacity. Finally, the Br-PPO-TMA-SDV (0.7%) anion exchange membrane with excellent ion conductivity and ion exchange capacity was introduced into the fuel cell system. Its performance was compared with FAA-3-50, a commercial membrane, to determine whether it could be introduced into a fuel cell system.

• Journal of Agricultural Extension & Community Development
• /
• v.11 no.2
• /
• pp.241-250
• /
• 2004

This study was carried out to strengthen institution of international youth change in rural area. References, in the field of international cooperation international youth exchange and youth's volunteer service were reviewed. Considering rural situation, poor human resources in terms of foreign languages and globalization are major problems for international youth exchange. Such problems as poor network among relevant organizations for international youth change, low level of rural internationalization and lacking of development plan for exchange program were pointed out. For effective international youth exchange, the following strategies were suggested : 1) networking among youth, local government, industries and community, 2) youth education for global citizenship, 3) globalization of local industries, local government, and rural community, et.c.

• International Commerce and Information Review
• /
• v.12 no.1
• /
• pp.153-175
• /
• 2010

This study conducts an analysis to verify an existence of co-movement among the exchange rates of Yuan-Dollar, Yen-Dollar and Won-Dollar by using time series data. An analysis period is divided into two periods. Therefore the first analysis period is from Dec. 17, 1997 to Jul. 21th. 20, 2005 and the second analysis period is from Jul. 25th, 2005 to Nov. 20th. 2009. This paper uses VAR model and daily data of exchange rates during the period. According to the result of an empirical analysis, yuan-dollar exchange rate has affected by th other variables ; yen-dollar exchange rate. It can be proved by result of an impulse response test and variance decomposition test in the second period. Therefore the won-dollar, yen-dollar, and Yen-dollar exchange rate has been influenced each other and the relationship will be maintained.

• Journal of Distribution Science
• /
• v.13 no.2
• /
• pp.15-24
• /
• 2015

Purpose - Foreign exchange risk control is in an important component in the international supply chain management. This study shows the importance of the reference period in forecasting future exchange rates with a specific illustration of KIKO currency option contracts, and suggests feasible preventive measures. Research design, data, and methodology - Using monthly Won-Dollar exchange rate data for January 1995~July 2007, I evaluate the statistical characteristics of the exchange rate for two sub-periods; 1) a shorter period after the East Asian financial crisis and 2) a longer period including the financial crisis. The key instrument of analysis is the basic normal distribution theory. Results - The difference in the reference period could lead to an unexpected development in contract implementation and a consequent financial loss. We may avoid foreign exchange loss by using derivatives such as forwards or currency options. Conclusions - We should consider not only level values but also the volatilities of financial variables in making a binding financial contract. Appropriate measures may differ depending on the specific supply chain pattern. We may extend the study with surveys on actual risk measures.

• Environmental and Resource Economics Review
• /
• v.11 no.3
• /
• pp.397-414
• /
• 2002

This paper presents an empirical analysis of exchange rate volatility, petroleum's import price and industrial production on petroleum imports. The GARCH framework is used to measure the exchange rate volatility. One of the most appealing features of the GARCH model is that it captures the volatility clustering phenomenon. We found one long-run relationship between petroleum imports, import price, industrial production, and exchange rate volatility using Johansen's multivariate cointegration methodology. Since there exists a cointegrating vector, therefore, we employ an error correction model to examine the short-run dynamic linkage, finding that the exchange rate volatility performs a key role in the short-run. This paper also apply impulse-response functions to provide the dynamic responses of energy consumption to the exchange rate volatility. The results show that the response of energy consumption to exchange rate volatility declines at the first month and dies out very quickly.

• Journal of the Korean Data and Information Science Society
• /
• v.14 no.4
• /
• pp.845-852
• /
• 2003

Forecasting exchange rate movements is a challenging task since exchange rates impact world economy and determine value of international investments. In particular, Korean-U.S. exchange rate behavior is very important because of strong Korean and U.S. trading relationship. Neural networks models have been used for short-term prediction of exchange rate movements. Least squares support vector machine (LS-SVM) is used widely in real-world regression tasks. This paper describes the use of LS-SVM for short-term and long-term prediction of Korean-U.S. exchange rate.

• Journal of Distribution Science
• /
• v.12 no.3
• /
• pp.99-103
• /
• 2014

Purpose - The objective of this study was to examine the volatility of the exchange rate of the Somali shilling (SoSh) during 2010, especially the exchange rate between the Somali shilling and US dollar. Research design, data, and methodology - The study employed aquantitative research design; the data was analyzed using contents analysis for the data pertaining to the exchange rate between the US dollar and Somali Shilling in 2010. Results - The main findings were that the exchange rate was very volatile during 2010 because of three sources: (1) Imbalance of demand and supply in the money market, (2) People adopting the US dollar as the medium of exchange forgoods and services, thereby reducing the circulation of the SoSh, and (3) Lack of a strong central bank. Conclusions - The study suggested three possible remedies: the establishment of an effective central bank that matches the demand and supply of the currencies, adoption of the Somali shilling as the official currency base for the prices of commodities, and minimizing the imports into the country and maximizing its exports, to support the strengthening of the Somali shilling.

• The Journal of Asian Finance, Economics and Business
• /
• v.1 no.1
• /
• pp.5-14
• /
• 2014

This paper empirically examines the short-run and long-run causal relationship between stock market prices and exchange rates in Chinese stock markets using monthly data from January 2002 to December 2012 retrieved from the National Bureau of Statistics of the People's Republic of China. Unit root, cointegration tests, vector error correction estimates, block exogeneity Wald tests, impulse responses, variance decomposition techniques and structural break tests are employed. This study found 1) long-run causality from exchange rates to stock prices in Chinese stock markets and 2) short-run causality from Japanese yen and Korean won exchange rates to stock prices in the Shanghai Stock Exchange strongly prevails while in the Shenzhen Stock Exchange weakly prevails. The impact of the global financial crisis from 2007 to 2009 on Chinese stock markets was insignificant.

• Journal of the Korean Magnetic Resonance Society
• /
• v.2 no.1
• /
• pp.33-40
• /
• 1998

The cross peak intensities versus mixing times of 2D NOESY spectrum for a corepressor L-trp were simulated for the case of a ligand exchanging between free (AX) and bound (A'X') forms in protein/DNA complex. The direct NOE (I(AX)) of the free ligand exhibited a small positive intensity indicative of the strong dominant influence of the bound ligand. The exchange-mediated NOE peak (I(AX')) was very sensitive to corepressor exchange. However, both diagonal (I(A'A')) and direct NOE (I(A'X')) intensities of the bound ligand were not affected much at initial stage. Both peaks were severely influenced by exchange at mixing times of greater than 100 ms. In conclusion, since the NOE intensity is a function of exchange rate, the exchange effect should be considered to properly extract accurate distance information for bound ligand in the presence of conformational exchange.

• Journal of the Korea Academia-Industrial cooperation Society
• /
• v.5 no.2
• /
• pp.98-102
• /
• 2004

Ion exchange behavior and property change of soda-lime-silicate glass by advanced ion exchange process were investigated. Refractive index, specific gravity and optical transmittance were changed similarly to $K^+$ ion penetration depth, and amount of ion exchange increased with the increase of the time and temperature. Especially, thermal expansion decreased greatly because of the structural compaction and residual stress by ion exchange process.