• The Journal of Asian Finance, Economics and Business
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• v.5 no.2
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• pp.25-33
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• 2018

In the globalization and free trade era, the current account deficit problem is a common phenomenon experienced by most countries, both developing and developed countries. Also with managed floating regime of exchange rate, it becomes very important to analyze the dynamics of current account balance which determine the trade. The deficit condition has lasted for four years in Indonesia, as well the deficit value above the value of the surplus that has been experienced during the period 2005-2011. This study is firstly aim to examine the condition of the deficit which happens in the export and import, manufactured goods and oil and gas, whether related to the transaction of goods and services. We try to build a predicted model which near the actual. Then, the focuses examines an exchange rate volatility impact on current account deficit. The model used in this research is a simultaneous model of Indonesia current account deficit from 2005 to 2014. The simulation result indicated that depreciation increase surplus to current account deficit. The decrease of export manufactured goods (non oil and gas) higher than the increase of import. For the oil and gas sector, depreciation of the rupiah against the US dollar results in an increased burden of higher oil and gas imports due to import transactions.

• Ocean Science Journal
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• v.43 no.1
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• pp.17-24
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• 2008

Over a period of 5 days between August 12 and 17, 2005, we performed a gas exchange experiment using the dual tracer method in a tidal coastal ocean located off the southern coast of Korea. The gas exchange rate was determined from temporal changes in the ratio of $^3He$ to $SF_6$ measured daily in the surface mixed layer. The measured gas exchange rate($k_{CO_2}$), normalized to a Schmidt number of 600 for $CO_2$ in fresh water at $20^{\circ}C$, was approximately $5.0\;cm\;h^{-1}$ at a mean wind speed of $3.9\;ms^{-1}$ during the study period. This value is significantly less than those obtained from floating chamber-based experiments performed previously in estuarine environments, but is similar in magnitude to values obtained using the dual tracer method in river and tidal coastal waters and values predicted on the basis of the relationship between the gas exchange rate and wind speed (Wanninkhof 1992), which is generally applicable to the open ocean. Our result is also consistent with the relationship of Raymond and Cole (2001), which was derived from experiments carried out in estuarine environments using $^{222}Rn$ and chlorofluorocarbons along with measurements undertaken in the Hudson River, Canada, using $SF_6$ and $^3He$. Our results indicate that tidal action in a microtidal region did not discernibly enhance the measured $k_{CO_2}$ value.

• The Journal of Asian Finance, Economics and Business
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• v.8 no.1
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• pp.599-608
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• 2021

The oil and gas industry is widely known as a vital engine of Vietnam development, stimulating researchers to examine the association of various factors with this industry. The aim of this study is to identify the relationship between different variables affecting profitability of the firms in the oil and gas sector in Vietnam. The total of 203 samples were collected from 29 companies listed on Vietnam Stock Market during a 6-year period from 2012 to 2018. Informed by prior research, this investigation employs financial leverage (FL), government ownership (GOV), dividend payout (DIV), fixed assets to total assets (FA) and exchange rate (EXR) as independent variables, while the profit is described by return-on-assets (ROA). The study results show that there are four factors that have an impact on ROA, namely, leverage, government ownership, dividend, and exchange rate. Whereas leverage and exchange rate have negative influence on ROA, government ownership and dividend payment have a positive effect. The findings of this study suggest that high debt ratio in capital structure and the negative effect of exchange rate on their companies' efficiency can adversely affect the profit of enterprises. Also, plausible extent of government ownership and dividend payment could also be considered to optimize corporate performance.

• Polymer(Korea)
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• v.31 no.6
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• pp.479-484
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• 2007

In this study, the hybrid ion exchange fibers (HIEF) were prepared by using web spraying muthod with hot melt adhesive. Characteristics of HIEF and their adsorption properties for ammonia gas were investigated. The ion exchange capacity (IEC) of HIEF was increased with increasing the resin contents and their values were higher than those of pure resin and ion exchange fabrics. The removal efficiency for ammonia gas increased with an increase in packing density of hybrid ion exchange fabrics in the column. The adsorption breakthrough time was 270 min, which was slower than those of the resin and fibers. The maximum value of adsorption for ammonia gas was 94%. The breakthrough time was also increased with increasing the concentration and flow rate of ammonia gas. The reaction constant(k) for ammonia gas was increased with increasing the concentration and flow rate of the gas, while it was decreased an the mass was increased.

• Nuclear Engineering and Technology
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• v.33 no.1
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• pp.83-92
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• 2001

The properties of off-gas generated from vitrification process of ion-exchange resin were characterized. Theoretical composition and flow rate of the off-gas were calculated based on chemical composition of resin and it＇s burning condition inside CCM. The calculated off-gas flow rate was 67.9Nm$^3$/h at the burning rate of 40kg/h. And the composition of off-gas was avaluated as $CO_2$(41.4%), steam(40.0%), $O_2$(13.3%), NO(3.6%), and SO$_2$(1.6%) in order. Then, actual flow rate and composition of off-gas were measured during pilot-scale demonstration tests and the results were compared with theoretical values. The actual flow rate of off-gas was about 1.6 times higher than theoretical one. The difference between theoretical and actual flow rates was caused by the in-leakage of air to the system, and the in-leakage rate was evaluated as 36.3Nm$^3$/h. Because of continuous change in the combustion parameters inside CCM, during demonstration tests, the concentration of toxic gases showed wide fluctuation. However, the concentration of CO, a barometer of incompleteness of combustion inside CCM, was stabilized soon. The result showed quasi-equilibrium state was achieved two hours after feeding of resin.

• Journal of the Korean Society of Combustion
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• v.16 no.1
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• pp.46-51
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• 2011

Exhaust gas of an industrial furnace used at such as metallurgy or ceramic manufacturing usually contains thermal energy with high temperature which can be recycled by heat exchanger. However, when the temperature of the exhaust gas is high such as more than $1,000^{\circ}C$, ordinary metallic heat exchanger cannot fully recover the heat due to the limitation of operating temperature depending on the material property. In the present study, a compact ceramic heat exchanger of cross flow type is introduced and evaluated by heat exchange rate and operating temperature. The ceramic heat exchanger can endure the gas temperature more than $1,300^{\circ}C$, and its volumetric heat exchanging rate exceeds 1 MW/$m^3$. The experimental data is also compared with the previous numerical result which shows reasonable agreement. Meanwhile, the gas leakage rate is measured to be about 3~4%, and heat loss to environmental air is about 23~26% of the fuel energy.

• International Area Studies Review
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• v.21 no.1
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• pp.181-200
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• 2017

This study investigates the impact of exchange rate and exchange rate volatility on the stock prices of eight industries from 2006 to 2015. The first and second exchange rate exposure of these eight industries is estimated with respect to four different exchange rates, namely the US dollar, Japanese yen, European currency unit, and British pound. In exchange rate exposure, stock prices in foods-beverages, paper-wood, electricity-gas, and banks industries are negatively related to exchange rate, whereas stock prices in electrical-electronic equp. and transport-equp. industries are positively related to exchange rate as expected. However stock price in machinery industry is negatively related to exchange rate, which is opposite to the expectation. Negative relationship is found between stock price in chemicals industry and exchange rate. In exchange rate volatility exposure, stock price in paper-wood industry is found to be negatively related to exchange rate volatility. Stock price in banks industry is also negatively related to exchange rate volatility. This result is opposite as expected, because banks are supposed to get more revenue by issuing derivatives related to foreign exchange when exchange rate volatility increases.

• Journal of Advanced Marine Engineering and Technology
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• v.21 no.4
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• pp.372-380
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• 1997

This paper describes experimental investigations of helium-air exchange flows through parti¬tioned opening and two-opening. Such exchange flows may occur following rupture accident of stand pipe in high temperature gas cooled reactor. A test vessel with the two types of small open¬ing on top of test cylinder is used for experiments. An estimation method of mass increment is developed and applied to measure the exchange flow rate. A technique of flow visualization by Mach-Zehnder interferometer is provided to recognize the exchange flows. In the case of exchange flow through the partitioned opening, flow passages of upward flow of the helium and downward flow of the air within the opening are separated by vertical partition, and the two flows interact out of entrance and exit of the opening. Therefore, an experiment of the exchange flow through two-opening is made to investigate effect of the fluids interaction of the partitioned opening sys¬tem. As a result of comparison of the exchange flow rates between the two types of the opening system, it is found that the exchange flow rate of the two-opening system is larger than that of the partitioned opening system due to absence of the effect of fluids interaction. Finally, the fluids interaction between the upward and downward flows through the partitioned opening is found to be an important factor on the helium-air exchange flow.

• Proceedings of the SAREK Conference
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• 2008.06a
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• pp.529-534
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• 2008

Interzonal air movements are important to characterize overall ventilation performance of complicated multi-zone buildings. Tracer gas techniques are widely used to measure ventilation rates, ventilation effectiveness, and interzonal air movements. Depending on the number of gases used, they are divided into single and multi tracer gas methods. This paper deals with the comparison of the tracer gas methods in measuring air exchange rate between rooms. Experiments have been conducted in a simple two-room model with known airflow rates. In multi-gas procedure, the concentration decays of two tracer gases, i.e SF6 and R134a are measured after simultaneous injections in each room. The single tracer gas method is also applied by injecting SF6 gas with a time lag between two rooms. The data reduction procedures are developed to obtain the interzonal airflow rate using the matrix inversion, and various data manipulation methods are tested, such as data shift, interpolation, and smoothing. Uncertainty for each airflow rate is investigated depending on the parameters based on the setting values.

• Korean Journal of Air-Conditioning and Refrigeration Engineering
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• v.21 no.11
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• pp.606-612
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• 2009

Interzonal air movements are important to characterize overall ventilation performance of complicated multi-zone buildings. Tracer gas techniques are widely used to measure ventilation rates, ventilation effectiveness, and interzonal air movements. Depending on the number of gases used, they are divided into single and multi tracer gas methods. This paper deals with the comparison of the tracer gas methods in measuring air exchange rate between rooms. Experiments have been conducted in a simple two-room model with known airflow rates. In multi-gas procedure, the concentration decays of two tracer gases, i.e SF6 and R134a are measured after simultaneous injections in each room. The single tracer gas method is also applied by injecting SF6 gas with a time lag between two rooms. The data reduction procedures are developed to obtain the interzonal airflow rate using the matrix inversion, and various data manipulation methods are tested, such as data shift, interpolation, and smoothing. Uncertainty for each airflow rate is investigated depending on the parameters based on the setting values.