• Korean Journal of Remote Sensing
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• v.30 no.5
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• pp.627-639
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• 2014

Accurate correction of surface effect from back scattered solar radiance is one of key issue to retrieve aerosol information from satellite measurements. In this study, two different methods are applied to retrieve surface reflectance by using single visible channel measurement from meteorological imager onboard COMS. The first one is minimum reflectance method, which composes the minimum value among previously measured reflectances at each pixel over a certain search window length. This method assumes that the darkest pixel corresponds to the aerosol-free condition, and deduces surface reflectance by correcting atmospheric scattering from the measured visible reflectance. The second method, named as the "atmospheric correction method" in this study, estimates the result by correcting aerosol and atmospheric scattering with ground-based observation of aerosol optical properties. The purpose of this study is to investigate the retrieval accuracy of the widelyused minimum reflectance method. Also, the retrieval error caused by the loading of background aerosol is mainly estimated. The comparison between surface reflectances retrieved from the two methods shows good agreement with the correlation coefficient of 0.87. However, the results from the minimum reflectance method are slightly overestimated than the values from the atmospheric correction method when surface reflectance is lower than 0.2. The average difference between the two results is 0.012 without the background aerosol correction. By considering the background aerosol effect, however, the difference is reduced to 0.010.

• Atmosphere
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• v.29 no.4
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• pp.429-438
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• 2019

Organic carbon (OC) and elemental carbon (EC) in PM_2.5 were measured with Sunset Laboratory Model-5 Semi-Continuous OC/EC Field Analyzer by NIOSH/TOT method at Anmyeondo Global Atmosphere Watch (GAW) Regional Station (37°32'N, 127°19'E) in July and August, 2017. The mean values of OC and EC were 3.7 ㎍ m^-3 and 0.7 ㎍ m^-3, respectively. During the study period, the concentrations of reactive gases and aerosol compositions were evidently lower than those of other seasons. It is mostly due to meteorological setting of the northeast Asia, where the influence of continental outflow is at its minimum during this season under southwesterly wind. While the diurnal variation of OC and EC were not clear, the concentrations of O₃, CO, NOx, EC, and OC were evidently enhanced under easterly wind at night from 20:00 to 8:00. However, the high concentration of EC was observed concurrently with CO and NOx under northerly wind during 20:00~24:00. It indicates the influence of thermal power plant and industrial facilities, which was recognized as a major emission source during KORUS-AQ campaign. The diurnal variations of pollutants clearly showed the influence of land-sea breeze, in which OC showed good correlation between EC and O₃ in seabreeze. It is estimated to be the recirculation of pollutants in land-sea breeze cycle. This study suggests that in general, Anmyeondo station serves well as a background monitoring station. However, the variation in meteorological condition is so dynamic that it is primary factor to determine the concentrations of secondary species as well as primary pollutants at Anmyeondo station.

• Korean Journal of Agricultural and Forest Meteorology
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• v.4 no.1
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• pp.58-63
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• 2002

Since the rapid urbanization period coincides with the start of global warming, climate data might be contaminated with urbanization effect in Korea. Monthly normals of daily minimum, maximum, and mean temperature of 14 stations were calculated for 1951-1980 and 1971-2000 periods. Differences in two temperature normals were regressed to the natural logarithms of population increase at corresponding 14 cities from 1966 to 1990. The regression models were used to remove potential effects of urbanization from the apparent warming, and to determine the net contribution of global warming to the temperature change in Korea during the recent half century. According to the model calculation, there was little evidence of global warming in the warm season (May through November), while urbanization effect was common in all season except April. Up to 0.5$^{\circ}C$ warming of nighttime temperature was found to be induced by urbanization. Cool season temperature was increased by up to 0.6$^{\circ}C$ due mainly to the global warming of daytime temperature.

• Journal of The Korean Society of Agricultural Engineers
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• v.64 no.2
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• pp.1-13
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• 2022

Agrivoltaic facility is the composite system that the solar panel is installed above the farmland, and it enables crop and electricity production simultaneously. Solar panels of the agrivoltaic facilities can block and reduce the amount of solar irradiance arriving at the farmland, but it can help the crop growth by preventing excessive solar irradiance. Therefore, to clarify how the agrivoltaic facilities affect the crop growth, precise solar irradiance distribution under the solar panel should be modeled. In this study, PAR (photosynthetically active radiation), radiation from 400 to 700 nm, which crops usually use to grow, was extracted from the total irradiance and its distribution model under various conditions was developed. Monthly irradiance distributions varied because the elevation of the sun was changed over time, which made the position changed that the local maximum and minimum irradiance appear. The higher panel height did not cause any significant difference in the amount of irradiance reaching below the solar panel, but its distribution became more uniform. Furthermore, the panel angles with the most irradiance arriving below the solar panel were different by month, but its difference was up to 2%p between the irradiance with 30° angle which is usually recommended in Korea. Finally, the interval between panels was adjusted; when the ratio of the length of the panel to the empty space was 1:2, the irradiance of 0.719 times was reached compared to when there was no panel, 0.579 times for 1:1 and 0.442 times for 2:1.

• Journal of Distribution Science
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• v.13 no.5
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• pp.71-82
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• 2015

Purpose - The purpose of this study is to investigate risk price implied from the pricing kernel of Korean stock distribution market. Recently, it is considered that the quantitative easing programs of major developed countries are contributing to a reduction in global uncertainty caused by the 2007~2009 financial crisis. If true, the risk premium as compensation for global systemic risk or economic uncertainty should show a decrease. We examine whether the risk price in the Korean stock distribution market has declined in recent years, and attempt to provide practical implications for investors to manage their portfolios more efficiently, as well as academic implications. Research design, data and methodology - To estimate the risk price, we adopt a non-parametric method; the minimum norm pricing kernel method under the LOP (Law of One Price) constraint. For the estimation, we use 17 industry sorted portfolios provided by the KRX (Korea Exchange). Additionally, the monthly returns of the 17 industry sorted portfolios, from July 2000 to June 2014, are utilized as data samples. We set 120 months (10 years) as the estimation window, and estimate the risk prices from July 2010 to June 2014 by month. Moreover, we analyze correlation between any of the two industry portfolios within the 17 industry portfolios to suggest further economic implications of the risk price we estimate. Results - According to our results, the risk price in the Korean stock distribution market shows a decline over the period of July 2010 to June 2014 with statistical significance. During the period of the declining risk price, the average correlation level between any of the two industry portfolios also shows a decrease, whereas the standard deviation of the average correlation shows an increase. The results imply that the amount of systematic risk in the Korea stock distribution market has decreased, whereas the amount of industry-specific risk has increased. It is one of the well known empirical results that correlation and uncertainty are positively correlated, therefore, the declining correlation may be the result of decreased global economic uncertainty. Meanwhile, less asset correlation enables investors to build portfolios with less systematic risk, therefore the investors require lower risk premiums for the efficient portfolio, resulting in the declining risk price. Conclusions - Our results may provide evidence of reduction in global systemic risk or economic uncertainty in the Korean stock distribution market. However, to defend the argument, further analysis should be done. For instance, the change of global uncertainty could be measured with funding costs in the global money market; subsequently, the relation between global uncertainty and the price of risk might be directly observable. In addition, as time goes by, observations of the risk price could be extended, enabling us to confirm the relation between the global uncertainty and the effect of quantitative easing. These topics are beyond our scope here, therefore we reserve them for future research.

• Korean Journal of Remote Sensing
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• v.32 no.6
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• pp.681-691
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• 2016

Using various satellite measurements in UV, visible and IR, diverse algorithms to retrieve aerosol information have been developed and operated to date. Advanced Himawari Imager (AHI) onboard the Himawari 8 weather satellite was launched in 2014 and has 16 channels from visible to Thermal InfRared (TIR) in high temporal and spatial resolution. Using AHI, it is very valuable to retrieve aerosol optical properties over dark surface to demonstrate its capability. To retrieve aerosol optical properties using visible and Near InfRared (NIR) region, surface signal is very important to be removed which can be estimated using minimum reflectivity method. The estimated surface reflectance is then used to retrieve the aerosol optical properties through the inversion process. In this study, we retrieve the aerosol optical properties over dark surface, but not over bright surface such as clouds, desert and so on. Therefore, the bright surface was detected and masked using various infrared channels of AHI and spatial heterogeneity, Brightness Temperature Difference (BTD), etc. The retrieval result shows the correlation coefficient of 0.7 against AERONET, and the within the Expected Error (EE) of 49%. It is accurately retrieved even for low Aerosol Optical Depth (AOD). However, AOD tends to be underestimated over the Beijing Hefei area, where the surface reflectance using the minimum reflectance method is overestimated than the actual surface reflectance.

• Korean Journal of Agricultural and Forest Meteorology
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• v.4 no.4
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• pp.203-212
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• 2002

This study was conducted to remove the urban heat island effects embedded in the interpolated surfaces of daily minimum temperature in the Korean Peninsula. Fifty six standard weather stations are usually used to generate the gridded temperature surface in South Korea. Since most of the weather stations are located in heavily populated and urbanized areas, the observed minimum temperature data are contaminated with the so-called urban heat island effect. Without an appropriate correction, temperature estimates over rural area or forests might deviate significantly from the actual values. We simulated the spatial pattern of population distribution within any single population reporting district (city or country) by allocating the reported population to the "urban" pixels of a land cover map with a 30 by 30 m spacing. By using this "digital population model" (DPM), we can simulate the horizontal diffusion of urban effect, which is not possible with the spatially discontinuous nature of the population statistics fer each city or county. The temperature estimation error from the existing interpolation scheme, which considers both the distance and the altitude effects, was regressed to the DPMs smoothed at 5 different scales, i.e., the radial extent of 0.5, 1.5, 2.5, 3.5 and 5.0 km. Optimum regression models were used in conjunction with the distance-altitude interpolation to predict monthly normals of daily minimum temperature in South Korea far 1971-2000 period. Cross validation showed around 50% reduction in terms of RMSE and MAE over all months compared with those by the conventional method.conventional method.

• Journal of Astronomy and Space Sciences
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• v.36 no.3
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• pp.159-168
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• 2019

In solstices during the solar minimum, the hemispheric difference of the equatorial ionization anomaly (EIA) intensity (hereafter hemispheric asymmetry) is understood as being opposite in the morning and afternoon. This phenomenon is explained by the temporal variation of the combined effects of the fountain process and interhemispheric wind. However, the mechanism applied to the observations during the solar minimum has not yet been validated with observations made during other periods of the solar cycle. We investigate the variability of the hemispheric asymmetry with local time (LT), altitude, season, and solar cycle using the electron density taken by the CHAllenging Minisatellite Payload satellite and the global total electron content (TEC) maps acquired during 2001-2008. The electron density profiles provided by the Constellation Observing System for Meteorology, Ionosphere, and Climate satellites during 2007-2008 are also used to investigate the variation of the hemispheric asymmetry with altitude during the solar minimum. During the solar minimum, the location of a stronger EIA moves from the winter hemisphere to the summer hemisphere around 1200-1400 LT. The reversal of the hemispheric asymmetry is more clearly visible in the F-peak density than in TEC or in topside plasma density. During the solar maximum, the EIA in the winter hemisphere is stronger than that in the summer hemisphere in both the morning and afternoon. When the location of a stronger EIA in the afternoon is viewed as a function of the year, the transition from the winter hemisphere to the summer hemisphere occurs near 2004 (yearly average F10.7 index = 106). We discuss the mechanisms that cause the variation of the hemispheric asymmetry with LT and solar cycle.

• Atmosphere
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• v.34 no.1
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• pp.23-34
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• 2024

The Korea Meteorological Administration has improved medium-range weather forecasts by implementing post-processing methods to minimize numerical model errors. In this study, we employ a statistical correction technique known as the minimum continuous ranked probability score (CRPS) to refine medium-range forecast guidance. This technique quantifies the similarity between the predicted values and the observed cumulative distribution function of the Unified Model Ensemble Prediction System for Global (UM EPSG). We evaluated the performance of the medium-range forecast guidance for surface air temperature and relative humidity, noting significant enhancements in seasonal bias and root mean squared error compared to observations. Notably, compared to the existing the medium-range forecast guidance, temperature forecasts exhibit 17.5% improvement in summer and 21.5% improvement in winter. Humidity forecasts also show 12% improvement in summer and 23% improvement in winter. The results indicate that utilizing the minimum CRPS for medium-range forecast guidance provide more reliable and improved performance than UM EPSG.

• Journal of the Korean Operations Research and Management Science Society
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• v.38 no.2
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• pp.75-93
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• 2013

In applying Markowitz's portfolio selection model to the stock market, we developed a comprehensive investment decision-making framework including key inputs for portfolio theory (i.e., individual stocks' expected rate of return and covariance) and minimum required expected return. For estimating the key inputs of our decision-making framework, we utilized an exponentially weighted moving average (EWMA) which places more emphasis on recent data than the conventional simple moving average (SMA). We empirically analyzed the investment results of the decision-making framework with the same 15 stocks in Samsung Group Funds found in the Korean stock market between 2007 and 2011. This five-year investment horizon is marked by global financial crises including the U.S. subprime mortgage crisis, the collapse of Lehman Brothers, and the European sovereign-debt crisis. We measure portfolio performance in terms of rate of return, standard deviation of returns, and Sharpe ratio. Results are compared with the following benchmarks : 1) KOSPI, 2) Samsung Group Funds, 3) Talmudic portfolio based on the na$\ddot{i}$ve 1/N rule, and 4) Markowitz's model with SMA. We performed sensitivity analyses on all the input parameters that are necessary for designing an investment decision-making framework : smoothing constant for EWMA, minimum required expected return for the portfolio, and portfolio rebalancing period. In conclusion, appropriate use of the comprehensive investment decision-making framework based on the Markowitz's model integrated with EWMA proves to achieve outstanding performance compared to the benchmarks.