• The Journal of Asian Finance, Economics and Business
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• v.9 no.1
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• pp.13-24
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• 2022

The main goal of this study is to look at how South Korea can catch up to the rest of the world through policy-driven structural change and manufacturing revolutions. To achieve the objective, this study used annual data on real exports and real GDP from the World Development Indicator WDI of South Korea for the period 1960 to 2019. The study's goal is to use econometrics to detect this policy-driven structural change trend. Multiple nonlinear Granger causality test was used to accomplish this. The findings revealed structural breaks and nonlinearities in the dynamic link between South Korea's real GDP and real exports. Furthermore, results also show evidence of multiple structural breaks in South Korean data. South Korea's economic catch-up was the result of a constant reevaluation of industrial policies, readjustment, and structural change to constantly explore and utilize comparative advantage, realizing economies of scale at the global level, and reallocating and redistribution of resources towards productive sectors with high value-added output, according to econometric analysis. If South Korea would have not done this structural change this miracle to escape the middle-income trap would not have been possible. These findings support the descriptive evidence of structural change in favor of manufacturing revolutions and value addition industry development in South Korea.

• Proceedings of the Korea Water Resources Association Conference
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• 2020.06a
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• pp.197-197
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• 2020

기후변화 연구의 주요 요소 중 하나는 온도, 강수량 및 증발과 같은 기후 요인의 변화를 연구하는 것이다. General Circulation Model(GCM)은 다양한 기후 요인의 변화를 연구하는 데 일반적으로 사용되고 있다. Coupled Model Intercomparison Project(CMIP)는 전 세계의 30여 개 이상의 기관에서 개발한 GCM의 모의 결과를 연구 및 공유하기 위해 개발되었다. 기후 연구에서 대표적으로 사용하고 있는 CMIP5의 GCM은 미래 시나리오인 Representative Concentration Pathway(RCP)를 기반으로 전망 기간의 기후요소를 예측한다. 현재 개발하고 있는 CMIP6의 미래 시나리오인 Shared Socioeconomic Pathways(SSP)는 인구, 경제개발, 생태계, 자원, 제도 및 사회적 요인에 대한 미래의 사회적, 경제적 변화에 따른 기후변화에 대한 대응을 포함하고 있으며, CMIP6의 미래 시나리오는 사회적 및 경제적 결합을 통해 기후변화에 대한 정책 영향에 대한 증진된 결과를 도출할 것으로 예측하고 있다. 따라서 본 연구는 CMIP5의 INM-CM4와 CMIP6의 INM-CM5를 사용하여 대한민국의 과거 기간(1970-2005)의 월 강수량에 대한 성능을 비교하였다. 격자형 자료인 GCM을 Inverse distance weight를 사용하여 대한민국 22개 관측소로 거리 보간을 수행하였으며, 편이보정 방법으로는 분위사상법(Quantile mapping) 방법 중 Smoothing Spline 방법을 사용하여 관측소와의 오차를 수정하였다. 산정된 강수량을 토대로 6개의 평가지표(NRMSE, Pbias, NSE, PRCP100, PRCP200, PRCP300)를 사용하여 GCM의 성능을 평가하여 INM-CM4와 INM-CM5의 성능을 비교하였다.

• Proceedings of the Korea Water Resources Association Conference
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• 2022.05a
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• pp.515-515
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• 2022

Climate change is strongly threatening the performance of agricultural reservoirs, which are instrumental in ensuring uninterrupted water supplies for rice cultivation in Korea. In this study, various performance indices were derived and overall sustainability of the 400 agricultural reservoirs was evaluated in the context of climate change trends during 1973-2017. Rice crop evapotranspiration, irrigation water requirements, runoff generation in the upstream watershed, and volumetric evaporation losses were plugged into a water balance model to simulate the reservoir operation during the study period. Resilience, reliability, and vulnerability are the three main indicators of reservoir performance, and these were combined into a single sustainability metric to define the overall system credibility. Historical climate data analysis confirmed that the country is facing a gradual warming shift, particularly in the central and southern agricultural regions. Although annual cumulative rainfall increased over the last 45 years, uneven monthly rainfall distribution during the dry and wet seasons also exacerbated the severity and frequency of droughts/floods. For approximately 85% of the selected reservoirs, the sustainability ranged between 0.35 to 0.77, and this range narrowed sharply with time, particularly for the reservoirs located in the western and southern coast regions. The study outcomes could help in developing the acceptable ranges of the performance indices and implementing appropriate policy and technical interventions for improving the sustainability of reservoirs with unacceptable ranges of the performance indices.

• SUVANNABHUMI
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• v.2 no.1
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• pp.17-53
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• 2010

The Chandi Borobudur was likely constructed around 800 AD, during the period of the Sailendra dynasty in central Java, Indonesia. The Chandi Borobudur have 1460 narrative panels of reliefs which are distributed from the hidden foot to the fourth gallery. The 160 panels show various scenes of actions producing the corresponding results according to the Karmavibhanga(分別善惡報應經) text. Blameworthy activities with their purgatorial punishments and praiseworthy activities with their subsequent rewards are both shown. The 120 panels depict the biography of Buddha according to the Lalitavistara (方廣大莊嚴經) text. The 620 panels depict stories from Jatakas (本生譚) and Avadanas (譬喩經). The stories of 560 panels are based on Mahayayana (入法界品, 488 panels) and Bhadrucari (普賢行願讚, 72 panels) of Gandavyuha (華嚴經) text. In this study, among the 120 narrative reliefs which tell the life story of Buddha according to the Lalitavistara text in Chandi Borobudur, the images of Birth of Siddhārtha(誕生), The Great Departure (出家), Attaintment of Enlightenment (成道) and The First Sermon (初轉法輪) have been compared with the images of biography of Buddha showing in Ancient India, Gandhara and South India, and China. From a historical perspective of cultural exchange, Borobudur is very important site because it is located on the south route of transmission of Buddhism from India to South Asia, China, Korea and Japan. Study on the reliefs sculptured on the wall of Chandi Borobudur provide us information to understand the process of spreading and changes in styles of Buddhist arts.

• The Journal of Korean Medical History
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• v.35 no.1
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• pp.59-67
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• 2022

The medical text books used during the Joseon Dynasty can be seen to change over time by examining various records. These records show that the list of medical textbooks suddenly changed a lot between the era of King Sejong and Sejo in the Joseon Dynasty. However, since there are not many studies on this topic yet, this study was conducted and the following causes of these changes were identified: The first reason is the compilation project of Euibangyoochui (醫類聚聚) because the date of compilation of Euibangyoochui is clearly related to the period of change to the list of medical textbooks. The second reason is the difficulty of the medical examination during the Joseon Dynasty. Medical tests in the Joseon Dynasty were very difficult. Therefore, it was too unrealistic to keep 25 or 26 textbooks. Third, there was the problem of supply and demand of medical textbooks. Because the prices of these books were very high at that time, owning 25 or 26 medical books for an individual was a significant financial hardship. This study was able to confirm this through various forms of circumstantial evidence. However, more historical materials should be discovered in the future and research should be conducted to more accurately grasp the situation of the time.

• Journal of architectural history
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• v.32 no.5
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• pp.21-30
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• 2023

The study aims to analyze the geometric characteristics of the pointed arches proposed by Al-Kāshī in his book "Miftāḥ al-Ḥisāb" (Key of Arithmetic) and investigate their planning principles, architectural application, and typological characteristics. Al-Kāshī completed this significant work in 1427 and dedicated it to Ulugh Beg, a Timurid Sultan in Samarkand. In the ninth chapter, titled "Al-'Imārāt wa al-Abnīya" (Amīr's Mansion and Building), Al-Kāshī sought to measure the surface areas and volumes of barrel vaults (Azaj) and domes (Qubba). To achieve this, he proposed five kinds of pointed arches (Ṭāq) and analyzed their drawing methods and composition principles. The Īwān and Qubba structures, which are curved architectural elements, hold significant importance in Islamic architecture. However, previous research has predominantly focused on comparing the drawings in Al-Kāshī's book with historical buildings, neglecting the inherent characteristics of the drawings themselves. This study intends to contribute to a deeper understanding of Al-Kāshī's remarkable work and shed light on the geometric aspects of monumental structures in the Timurid Period.

• New & Renewable Energy
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• v.19 no.4
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• pp.98-107
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• 2023

A study was conducted to analyze data from 1981 to 2020 for understanding the impact of climate on solar energy generation. A significant increase of 104.6 kWhm^-2 was observed in the annual cumulative solar radiation over this period. Notably, the distribution of solar radiation shifted, with the solar radiation in Busan rising from the seventh place in 1981 to the second place in 2020 in South Korea. This study also examined the correlation between long-term temperature trends and solar radiation. Areas with the highest solar radiation in 2020, such as Busan, Gwangju, Daegu, and Jinju, exhibited strong positive correlations, suggesting that increased solar radiation contributed to higher temperatures. Conversely, regions like Seosan and Mokpo showed lower temperature increases due to factors such as reduced cloud cover. To evaluate the impact on solar energy production, simulations were conducted using climate data from both years. The results revealed that relying solely on historical data for solar energy predictions could lead to overestimations in some areas, including Seosan or Jinju, and underestimations in others such as Busan. Hence, considering long-term climate variability is vital for accurate solar energy forecasting and ensuring the economic feasibility of solar projects.

• Journal of The Korean Astronomical Society
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• v.56 no.2
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• pp.137-147
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• 2023

Shoushili was the official calendrical method promulgated in 1280 CE by the Yuan dynasty. It contains a list of the angular spans in right ascensions for the 28 lunar lodges. They are known to have been measured by Guo Shoujing with his advanced instruments with an unprecedented precision or reading error of 5'. Such precise data are useful to determine their observational epoch with an error range which is narrow enough to pinpoint on which historical occasion they were observed. Using the precise SIMBAD data based on eDR3 of GAIA and carefully identified determinative stars and considering the precession of equinoxes and proper motions, we apply linear regression methods to those data and obtain the observational epoch of 1271 ± 16 CE and the measurement error of 4.1'. We also have polar distances corresponding to declinations written in another manuscript of the Ming dynasty. Since the two data sets have similar significant digits, they were suggested to have the same origin. However, we obtain their observational epoch of 1364±5 CE and the measurement error of 5.7'. They must have been measured with different instruments and on a different occasion from the observations related to Shoushili. We review the history of the calendrical reform during the 13th century in the Yuan dynasty. We conclude that the observational epoch obtained from lodge spans in Shoushili agrees with the period of observations led by Guo Shoujing or 1276-1279 CE, which is also supported by the fact that the ecliptic lodge span values listed in Shoushili were calculated from the equatorial lodge spans.

• International conference on construction engineering and project management
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• 2011.02a
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• pp.526-533
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• 2011

Contracting is said to be a high-risk business, and a common cause of business failure is related to cash management. A contractor's financial viability depends heavily on how actual payments from an owner deviate from those defined in the contract. The paper presents a method for contractors to evaluate the punctuality and fullness of owner payments based on historical behaviour. It does this by classifying owners according to their late and incomplete payment practices. A payment profile of an owner, in the form of aging claims submitted by the contractor, is used as a basis for the method's development. Regression trees are constructed based on three predictor variables, namely, the average time to payment following a claim, the total amount ending up being paid within a certain period and the level of variability in claim response times. The Tree package in the publicly available R program is used for building the trees. The analysis is particularly useful for contractors at the pre-tendering stage, when contractors predict the likely payment scenario in an upcoming project. Based on the method, the contractor can decide whether to tender or not tender, or adjust its financial preparations accordingly. The paper is a contribution in risk management applied to claim and dispute resolution practice. It is argued that by contractors having a better understanding of owner payment behaviour, fewer disputes and contractor business failures will occur.

• Journal of Distribution Science
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• v.22 no.6
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• pp.1-10
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• 2024

Purpose: This study's objective is to examine the impact of firm-specific and macroeconomic factors on the business performance of non-cyclical and cyclical sectors in Indonesian listed firms. The evaluation of business performance holds paramount importance for the achievement and long-term viability of a company. Research Design Data and Methodology: The data for 61 non-cyclicals sector companies and 57 cyclicals sector companies was gathered over a 4-year period from 2018-2021. The model integrates firm size, leverage, and sales growth as firm-specific factors, with real GDP growth and inflation rate as macroeconomic variables. ROA and ROE are indicators of a firm's business performance. The regression models are estimated using the distribution of a dynamic approach with Arellano-Bond Panel Generalized Method of Moments (GMM) estimation. Results: The results of the pooled sample indicate that the historical ROA and ROE have a positive relationship with the business performance of all sectors, including both non-cyclical and cyclical industries. The ROE of non-cyclical enterprises is primarily influenced by firm-specific characteristics and macroeconomic influences. Conclusion: To ensure the successful implementation of the distribution of a dynamic approach towards enhancing corporate business performance, organizations need to take into account a combination of firm-specific factors and macroeconomic factors.