• Title/Summary/Keyword: growth accounting

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Estimation of Volatility among the Stock Markets in ASIA using MRS-GARCH model (MRS-GARCH를 이용한 아시아 주식시장 간의 변동성 추정)

  • Lee, Kyung-Hee;Kim, Kyung-Soo
    • Management & Information Systems Review
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    • v.38 no.1
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    • pp.181-199
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    • 2019
  • The purpose of this study is to examine whether or not the volatility of the 1997~1998 Asian crisis still affects the monthly stock returns of Korea, Japan, Singapore, Hong Kong and China from 1980 to 2018. This study investigated whether the volatility has already fallen to pre-crisis levels. To illustrate the possible structural changes in the unconditioned variance due to the Asian financial crisis, we use the MRS-GARCH model, which is a regime switching model. The main results of this study were as follows: First, the stock return of each country was weak in the high volatility regime except Japan resulted by the Asian financial crisis from 1997 to 1998 until March 2018, and the Asian stock market has not yet calmed down except for the global financial crisis period of 2007 and 2008. Second, the conditional volatility has been significantly and persistently decreased and eliminated after the Asian financial crisis. Thus, we could be judged that the Asian stock market was not fully recovered(stable) due to the Asian crisis including the capital liberalization high inflation, worsening current account deficit, overseas low interest rates and expansion of credit growth in 1997 and 1998, but the Asian stock market was largely settled down, except for the 2007 and 2008 in Global financial crises. Considering the similarity between the Asian stock markets and the similar correlation of the regime switching, it may be worthwhile to analyze the MRS-GARCH model.

CYBERCRIME AS A THREAT TO UKRAINE'S NATIONAL SECURITY

  • Varenia, Nataliia;Avdoshyn, Ihor;Strelbytska, Lilia;Strelbytskyy, Mykola;Palchyk, Maksym
    • International Journal of Computer Science & Network Security
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    • v.21 no.5
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    • pp.73-83
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    • 2021
  • The information space, the main components of which are information resources, means of information interaction, and information infrastructure, is a sphere of modern social life in which information communications play a leading role. The objective process is the gradual but stable entry of the national information space into the European and world information sphere, in the context of which there is a legitimate question of its protection as one of the components of the national security of Ukraine. However, the implementation of this issue in practice immediately faces the need to respect the rights and fundamental freedoms guaranteed by international regulations and the Constitution of Ukraine, especially in the field of cybersecurity. The peculiarity of the modern economy is related to its informational nature, which affects the sharp increase in cyber incidents in the field of information security, which is widespread and threatening and affects a wide range of private, corporate, and public interests. The problem of forming an effective information security system is exacerbated by the spread of cybercrime as a leading threat to information security both in Ukraine and around the world. The purpose of this study is to analyze the state of cybersecurity and on this basis to identify new areas of the fight against cybercrime in Ukraine. Methods: the study is based on an extensive regulatory framework, which primarily consists of regulatory acts of Ukraine. The main methods were inductions and deductions, generalizations, statistical, comparative, and system-structural analysis, grouping, descriptive statistics, interstate comparisons, and graphical methods. Results. It is noted that a very important component of Ukraine's national security is the concept of "information terrorism", which includes cyberterrorism and media terrorism that will require its introduction into the law. An assessment of the state of cybersecurity in Ukraine is given. Based on the trend analysis, further growth of cybercrimes was predicted, and ABC analysis showed the existence of problems in the field of security of payment systems. Insufficient accounting of cybercrime and the absence in the current legislation of all relevant components of cybersecurity does not allow the definition of a holistic system of counteraction. Therefore, the proposed new legal norms in the field of information security take into account modern research in the field of promising areas of information technology development and the latest algorithms for creating media content.

A Study on the Evaluation of Librarian's Competency Value (도서관 사서의 역량가치 평가 연구)

  • Cha, Sung-Jong;Kim, Jinmook;Park, Heejin
    • Journal of the Korean Society for Library and Information Science
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    • v.55 no.1
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    • pp.107-133
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    • 2021
  • This study was performed in order to provide suggestions on how to strengthen librarian competency by evaluating and analyzing the competency value of librarians as information professions. First, the study divided the common competency value of librarians as human capital of libraries into skills, knowledge, behavior and attitude, and analyzed each area of competency value for librarians of the A-library. As a result, the average of the 'librarian's behavior and attitude' area was the highest, followed by the 'librarian's skill' area and the 'librarian's knowledge' area. Second, in terms of 'librarian's skill', A-library librarians' competence values were high in the order of 'communication', 'leadership', 'technology' and in the terms of 'librarian's knowledge' ones were high in the order of 'law and policy', 'marketing', 'learning and growth' and 'finance and accounting'. In addition, in areas of 'librarian's behavior and attitude', the factors were high in the order of 'ethics and values', 'interpersonal relationships' and 'customer service'. Third, the analysis of whether the average difference exists depending on the characteristics of A-library librarians on their evaluation of the competency value shows that only the 'working period' factor in the total competency value and the two factors 'age' and 'working period' were statistically significant in the 'librarian's knowledge' area. Forth, as a result of a regression analysis to identify the characteristics of A-library librarians and their impact on competency value, only the 'final education' factor was statistically significant for the competency value of the 'librarian's skill' area. Fifth, in the survey on problems and desirable improvement measures in increasing the competency value of librarians, the proportion of presenting problems and improvement plan in systemic aspects such as the 'librarian qualification system' and 'librarian training system' was high.

Correlation between Lithium Concentration and Ecotoxicoloigy in Lithium Contained Waste Water (리튬 함유 폐액에서의 리튬 농도와 생태독성과의 연관성 연구)

  • Jin, Yun-Ho;Kim, Bo-Ram;Kim, Dae-Weon
    • Clean Technology
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    • v.27 no.1
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    • pp.33-38
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    • 2021
  • Demand for lithium-based secondary batteries is greatly increasing with the explosive growth of related industries, such as mobile devices and electric vehicles. In Korea, there are several top-rated global lithium-ion battery manufacturers accounting for 40% of the global secondary battery business. Most discarded lithium secondary batteries are recycled as scrap to recover valuable metals, such as Nickel and Cobalt, but residual wastes are disposed of according to the residual lithium-ion concentration. Furthermore, there has not been an attempt on the possibility of water discharge system contamination due to the concentration of lithium ions, and the effluent water quality standards of public sewage treatment facilities are becoming stricter year after year. In this study, the as-received waste water generated from the cathode electrode coating process in the manufacturing of high-nickel-based NCM cathode material used for high-performance and long-term purposes was analyzed. We suggested a facile recycling process chart for waste water treatment. We revealed a correlation between lithium-ion concentration and pH effect according to the proposed waste water of each recycling process through analyzing standard water quality tests and daphnia ecological toxicity. We proposed a realistic waste water treatment plan for lithium electrode manufacturing plants via comparison with other industries' ecotoxicology.

A Study on the Sustainability of Social Cooperatives (사회적협동조합의 지속가능성에 관한 연구)

  • Hong, Hyo Seog
    • The Journal of the Convergence on Culture Technology
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    • v.8 no.1
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    • pp.93-104
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    • 2022
  • Based on the theoretical review of social cooperatives and the results of the fourth round of fact-finding, this study tried to discuss the sustainability of social co-operatives from the social, economic, and environmental aspects, focusing on the seven principles of co-operatives. The issue of sustainability is "a development that meets the needs of the present without compromising the ability of future generations to meet their own needs, the use of resources, the direction of investment, technological advances and institutional change in harmony with one another. as defined as "a process of change that advances the needs and desires of all future generations". It contains the meaning of connecting a sustainable society to future generations through harmony and balance, rather than opposing concepts of social value, environmental conservation, and economic growth. As a result of arranging the concept of social, economic, and environmental sustainability contained in sustainable development, and the seven principles of cooperatives and their connections, I would like to suggest the following about the sustainability of social cooperatives. First, efforts should be made for social contribution closely related to the local community. Second, it is necessary to create a profit model along with the public interest. Third, partnerships should be strengthened. When examining the public values and objectives that social cooperatives want to realize through this study, the three scopes of sustainable development are directly related to the role of important actors in pursuing social and economic values that social and economic organizations are facing. would. Therefore, the sustainability issue of social cooperatives is based on the concept that the goals and values pursued by social cooperatives are harmonious and balanced development in the environmental, social, and economic aspects, not only their own efforts but also the institutional support of the government. this will have to be presented.

Effect on Nitrous Oxide Emission in Applying Livestock Manure Compost for Strawberry (Fragaria × ananassa Duch.) Cultivation in Plastic Film House (딸기(Fragaria × ananassa Duch.) 시설재배에서 가축분 퇴비 시용이 아산화질소 배출에 미치는 영향)

  • Lee, Chang-Kyu;Moon, Hyung-Cheol;Song, Eun-Ju;Choi, Seon-U;Ko, Do-Young;Chon, Hyong-Gwon;Yun, Seok-In
    • Korean Journal of Organic Agriculture
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    • v.29 no.1
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    • pp.111-123
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    • 2021
  • This study was conducted to investigate the growth characteristics of strawberries and N2O emission by treating the compost for each type of livestock manure, which was an organic farming material, as a basal fertilization in plastic film house. Livestock manure compost, which made from cattle manure, swine manure, and poultry manure as raw materials, were applied to this experiment, treated by mixing or single on the basis of nitrogen content with the standard amount of fertilizer for strawberries. Total emission of N2O were 10.7% higher than those in poultry manure compost treatment compared to the inorganic fertilizer treatment, but 16.5~41.9% lower than those in other livestock manure compost treatment. The period of N2O emission mainly was up to the 17th day after fertilizer application, accounting for 70~87% of the total amount of discharge, and 13~30% of the total amount was emitted for 158 days later. N2O emission was decreased significantly NH4+-N content in the soil, and increased NO3--N. As compared with control, the number of leaves, leaf width and crown diameter of livestock manure compost treatments were not significantly different, leaf length of cattle+poultry, cattle+ swine, swine+poultry treatment higher, and SPAD (soil plant analysis development) values of cattle+poultry treatment highest. There was no significant difference in weight and sugar content of strawberry fruits among treatments.

Site Suitability Assessment Using the Habitat Suitability Index for Oyster (Crassostrea gigas) in Jaran Bay, Korea (서식지 적합 지수를 이용한 자란만 굴(Crassostrea gigas)의 어장적지평가)

  • Yong-Hyeon Choi;Sok Jin Hong;Dae In Lee;Won Chan Lee;Seung Ryul Zeon;Yoon-Sik Cho
    • Journal of the Korean Society of Marine Environment & Safety
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    • v.29 no.5
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    • pp.427-434
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    • 2023
  • Oysters are an important organism, accounting for an average of 76% of shellfish aquaculture production. In this study, optimal habitat was searched for by calculating the Habitat Suitability Index (HSI) using water temperature, salinity, hydrodynamics, DO, SS and Chl.a in Jaran Bay. As a result, the inside of Jaran Bay was found to be a more suitable habitat than the outside with a wide entrance and rapid hydrodynamics. Oyster production and HSI showed a significant correlation (0.710, p<0.05). Hydrodynamics helps the growth of aquaculture organisms, such as food supply through seawater exchange in the bay, which showed a high correlation (0.709, p<0.05) with oyster production. It was found to have a greater effect on habitat suitability than Chl.a. The results of this study are expected to be helpful for the efficient conservation, use and management of coastal fisheries.

Development procedures of franchise Industries in Current state of manpower and research on its utilization (프랜차이즈 산업 발전과정에서 인력현황 및 활용에 대한 연구)

  • Lee, Dong il;Park, Shinja
    • The Korean Journal of Franchise Management
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    • v.1 no.1
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    • pp.43-63
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    • 2010
  • Currently, franchise industries are constantly rising in the domestically and it is possible to predict that franchise industries will rapidly develop internationally. Local Franchisee markets are increasing quickly and in year 2010 their income will exceed 114 trillion won. Annually, new franchise system is being born; however, there are only few industries that success in the market. When circulation market was opened for foreign franchise industries, their numbers of franchisee were rapidly increasing; however, domestic franchise industries are not securing new franchise and strengthening current franchise 's man power moreover these implements are being discarded. Therefore, in this research shows that development procedures of franchise division and utilization of personnel, and subsequent to this research indicates that changes of scales and income of cooperate growth will determine numbers of manpower on franchise industry. N ow days, when we are looking at personnel in franchise industries, they need more personnel in distribution, finance, and accounting department, so this phenomenon formalize life cycle of organization and its stages. When we are considering life cycle of organization, needs of human resource on future is important.

QTL Identification for Slow Wilting and High Moisture Contents in Soybean (Glycine max [L.]) and Arduino-Based High-Throughput Phenotyping for Drought Tolerance

  • Hakyung Kwon;Jae Ah Choi;Moon Young Kim;Suk-Ha Lee
    • Proceedings of the Korean Society of Crop Science Conference
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    • 2022.10a
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    • pp.25-25
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    • 2022
  • Drought becomes frequent and severe because of continuous global warming, leading to a significant loss of crop yield. In soybean (Glycine max [L.]), most of quantitative trait loci (QTLs) analyses for drought tolerance have conducted by investigating yield changes under water-restricted conditions at the reproductive stages. More recently, the necessity of QTL studies to use physiological indices responding to drought at the early growth stages besides the reproductive ones has arisen due to the unpredictable and prevalent occurrence of drought throughout the soybean growing season. In this study, we thus identified QTLs conferring wilting scores and moisture contents of soybean subjected to drought stress in the early vegetative stage using an recombinant inbred line (RIL) population derived from a cross between Taekwang (drought-sensitive) and SS2-2 (drought-tolerant). For the two traits, the same major QTL was located on chromosome 10, accounting for up to 11.5% of phenotypic variance explained with LOD score of 12.5. This QTL overlaps with a reported QTL for the limited transpiration trait in soybean and harbors an ortholog of the Arabidopsis ABA and drought-induced RING-D UF1117 gene. Meanwhile, one of important features of plant drought tolerance is their ability to limit transpiration rates under high vapor pressure deficiency in response to mitigate water loss. However, monitoring their transpiration rates is time-consuming and laborious. Therefore, only a few population-level studies regarding transpiration rates under the drought condition have been reported so far. Via employing an Arduino-based platform, for the reasons addressed, we are measuring and recording total pot weights of soybean plants every hour from the 1st day after water restriction to the days when the half of the RILs exhibited permanent tissue damage in at least one trifoliate. Gradual decrease in moisture of soil in pots as time passes refers increase in the severity of drought stress. By tracking changes in the total pot weights of soybean plants, we will infer transpiration rates of the mapping parents and their RILs according to different levels of VPD and drought stress. The profile of transpiration rates from different levels of severity in the stresses facilitates a better understanding of relationship between transpiration-related features, such as limited maximum transpiration rates, to water saving performances, as well as those to other drought-responsive phenotypes. Our findings will provide primary insights on drought tolerance mechanisms in soybean and useful resources for improvement of soybean varieties tolerant to drought stress.

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Performance Evaluation of Object Detection Deep Learning Model for Paralichthys olivaceus Disease Symptoms Classification (넙치 질병 증상 분류를 위한 객체 탐지 딥러닝 모델 성능 평가)

  • Kyung won Cho;Ran Baik;Jong Ho Jeong;Chan Jin Kim;Han Suk Choi;Seok Won Jung;Hvun Seung Son
    • Smart Media Journal
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    • v.12 no.10
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    • pp.71-84
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    • 2023
  • Paralichthys olivaceus accounts for a large proportion, accounting for more than half of Korea's aquaculture industry. However, about 25-30% of the total breeding volume throughout the year occurs due to diseases, which has a very bad impact on the economic feasibility of fish farms. For the economic growth of Paralichthys olivaceus farms, it is necessary to quickly and accurately diagnose disease symptoms by automating the diagnosis of Paralichthys olivaceus diseases. In this study, we create training data using innovative data collection methods, refining data algorithms, and techniques for partitioning dataset, and compare the Paralichthys olivaceus disease symptom detection performance of four object detection deep learning models(such as YOLOv8, Swin, Vitdet, MvitV2). The experimental findings indicate that the YOLOv8 model demonstrates superiority in terms of average detection rate (mAP) and Estimated Time of Arrival (ETA). If the performance of the AI model proposed in this study is verified, Paralichthys olivaceus farms can diagnose disease symptoms in real time, and it is expected that the productivity of the farm will be greatly improved by rapid preventive measures according to the diagnosis results.