• Title/Summary/Keyword: impact forecast

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Effect of Model Domain on Summer Precipitation Predictions over the Korean Peninsula in WRF Model (WRF 모형에서 한반도 여름철 강수 예측에 모의영역이 미치는 영향)

  • Kim, Hyeong-Gyu;Lee, Hye-Young;Kim, Joowan;Lee, Seungwoo;Boo, Kyung On;Lee, Song-Ee
    • Atmosphere
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    • v.31 no.1
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    • pp.17-28
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    • 2021
  • We investigated the impact of domain size on the simulated summer precipitation over the Korean Peninsula using the Weather Research and Forecasting (WRF) model. Two different domains are integrated up to 72-hours from 29 June 2017 to 28 July 2017 when the Changma front is active. The domain sizes are adopted from previous RDAPS (Regional Data Assimilation and Prediction System) and current LDAPS (Local Data Assimilation and Prediction System) operated by the Korea Meteorological Administration, while other model configurations are fixed identically. We found that the larger domain size showed better prediction skills, especially in precipitation forecast performance. This performance improvement is particularly noticeable over the central region of the Korean Peninsula. Comparisons of physical aspects of each variable revealed that the inflow of moisture flux from the East China Sea was well reproduced in the experiment with a large model domain due to a more realistic North Pacific high compared to the small domain experiment. These results suggest that the North Pacific anticyclone could be an important factor for the precipitation forecast during the summer-time over the Korean Peninsula.

An Empirical Study on the Contribution of Housing Price to Low Fertility (주택가격 상승 충격의 저출산 심화 기여도 연구)

  • Park, Jinbaek
    • The Journal of the Convergence on Culture Technology
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    • v.7 no.4
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    • pp.607-612
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    • 2021
  • This study estimated the impact of the shock of housing price increase on the total fertility rate and the contribution of each variable to changes in the TFR. This study is differentiated by estimating the contribution rate of each variable to the fertility rate through the Shapley decomposition and the panel VAR's forecast error variance decomposition, which previous studies have not attempted. The main results of this study are as follows. First, the decline in the TFR in Korea has been strongly influenced by the recent decline in the total fertility rate, and this influence is expected to continue in the future. In the case of housing costs, in the past, housing sales prices had a relatively small contribution to changes in the total fertility rate compared to the jeonse prices, but their influence is expected to increase in the long term in the future. It has been demonstrated that private education expenses other than housing sale price and Jeonse price also acted as a major cause of the decline in the total fertility rate.

The Empirical Study of Relationship between Product Market Competition Structure and Overvaluation

  • CHA, Sang-Kwon;PARK, Mi-Hee
    • Journal of Distribution Science
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    • v.18 no.2
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    • pp.99-108
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    • 2020
  • Purpose: This paper investigated the relationship between market competition and firm valuation error. Furthermore, Additional analyses were made according to the quality of financial reports and the listed market. Through the process we confirm to the impact of competition on the capital market. The purpose of this study is to analyze the impact of competition on valuation errors. The preceding studies did not provide a consistent results of the effects of competing functions on the capital market. One view is that the competition could mitigate the information asymmetry, and the other is that monopolistic lessens the manager's involvement in financial reporting. This study is intended to expand the prior study by analyzing the impact of competition on the capital market and on the valuation of investors. Research design, data, and methodology: The analysis was conducted on 12,031 samples over 11 years from 2008 to 2018 using data from market in Korea. Here the valuation error was measured by the research methodology of Rhodes-Kropf, Robinson and Viswanathan (2005), and competition measured by Herfindahl-Hirschman Index multiplied by (-1), and Concentration Ratio by (-1). Results: We confirm that the positive relationship between competition and the valuation error. In addition, we also found that the positive relation between competition and valuation error was in cases of low discretionary accruals and the KOSDAQ market. This means that the net function of competition does not mitigate valuation errors. Conclusions. This study has the following contributions when compared to prior research. First, the relevance between the level of competition and the valuation of the entity was confirmed. The study by Haw, Hu and Lee (2015) suggested that monopolistic industry of analysts' forecast is more accurate due to lower the variability in earnings. This study magnified it to confirm that monopolistic lessen information uncertainty in valuation. Second, the study on valuation errors was expanded. While the study on the effect of valuation errors on the capital market is generally relatively active, it is different that competition degree has analyzed the effect on valuation errors amid the lack of research on the effect on valuation errors.

Low-Level Wind Shear (LLWS) Forecasts at Jeju International Airport using the KMAPP (고해상도 KMAPP 자료를 활용한 제주국제공항에서 저층 윈드시어 예측)

  • Min, Byunghoon;Kim, Yeon-Hee;Choi, Hee-Wook;Jeong, Hyeong-Se;Kim, Kyu-Rang;Kim, Seungbum
    • Atmosphere
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    • v.30 no.3
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    • pp.277-291
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    • 2020
  • Low-level wind shear (LLWS) events on glide path at Jeju International Airport (CJU) are evaluated using the Aircraft Meteorological Data Relay (AMDAR) and Korea Meteorological Administration Post-Processing (KMAPP) with 100 m spatial resolution. LLWS that occurs in the complex terrains such as Mt. Halla on the Jeju Island affects directly aircraft approaching to and/or departing from the CJU. For this reason, accurate prediction of LLWS events is important in the CJU. Therefore, the use of high-resolution Numerical Weather Prediction (NWP)-based forecasts is necessary to cover and resolve these small-scale LLWS events. The LLWS forecasts based on the KMAPP along the glide paths heading to the CJU is developed and evaluated using the AMDAR observation data. The KMAPP-LLWS developed in this paper successfully detected the moderate-or-greater wind shear (strong than 5 knots per 100 feet) occurred on the glide paths at CJU. In particular, this wind shear prediction system showed better performance than conventional 1-D column-based wind shear forecast.

Assessment of Runoff and Water temperature variations under RCP Climate Change Scenario in Yongdam dam watershed, South Korea (기상 관측자료 및 RCP 기후변화 시나리오를 고려한 용담댐 유입하천의 유량 및 수온변화 전망)

  • Yi, Hye-Suk;Kim, Dong-sup;Hwang, Man-Ha;An, Kwang-Guk
    • Journal of Korean Society on Water Environment
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    • v.32 no.2
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    • pp.173-182
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    • 2016
  • The objective of this study is to quantitatively analyze climate change effects by using statistical trends and a watershed model in the Yongdam dam watershed. The annual average air temperature was found to increase with statistical significance. In particular, greater increases were observed in autumn. Also, this study was performed to evaluate the potential climate change in the streamflow and water temperature using a watershed model (HSPF) with RCP climate change scenarios. The streamflow of Geum river showed a decrease of 5.1% and 0.2%, respectively, in the baseline data for the 2040s and 2080s. The seasonal impact of future climate change on the streamflow showed a decrease in the summer and an increase in the winter. The water temperature of Geum river showed an average increase of 0.7~1.0℃. Especially, the water temperature of Geum river showed an increase of 0.3~0.5℃ in the 2040s and 0.5~1.2℃ in the 2080s. The seasonal impact of future climate change on the water temperature showed an increase in winter and spring, with a decrease in summer. Therefore, it was determined that a statistical analysis-based meteorological and quantitative forecast of streamflow and water temperature using a watershed model is necessary to assess climate change impact and to establish plans for future water resource management.

Overcoming Poverty and Social Inequality in Third World Countries (Latin America, Africa)

  • Drobotya, Yana;Baldzhy, Maryna;Pecheniuk, Alla;Savelchuk, Iryna;Hryhorenko, Dmytro;Kulinich, Tetiana
    • International Journal of Computer Science & Network Security
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    • v.21 no.3
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    • pp.295-303
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    • 2021
  • The relevance of the research is due to the fact that the issue of poverty is one of the most acute social problems of the beginning of the third millennium. The phenomenon of poverty is widespread in third world countries as well as it is observed in relatively developed countries. Poverty rates in Latin America are threatening. Consequently, the issue of social and economic inequality in these countries has become extremely acute. The purpose of the research: to identify the causes of poverty and social inequality and substantiate the main directions of poverty reduction in third world countries. The research methods: comparative analysis; index method; systematization; grouping; generalization. Results. The classification of the causes of poverty has been carried out and the directions of its overcoming in the countries of Latin America on groups of indicators have been defined, namely: 1) political; 2) economic; 3) demographic; 4) regional-geographical; 5) social; 6) qualification; 7) personal. Based on the Net Domestic Product indicator, a comparison of economic indicators of the studied countries has been carried out. It has been revealed that from 1990 to 2018 income inequality increased in 52 of 119 countries studied, and decreased in 57 states. Inequality has increased in the world's most populous countries, particularly China and India. In general, countries with growing inequality are home to more than two-thirds (71%) of the world's population. Trends in the distribution of income in the world have been investigated by applying the Gini index, the high level of which is observed in Latin America (Colombia 48,9%, Panama 46,1%, Chile and Mexico 45,9%). The forecast of the impact of the Covid-19 pandemic on this issue has been outlined; the ways of its impact on the economies of the countries have been studied. As a result of the study, the main directions and mechanisms of the strategy for poverty reduction and social inequality in the third world countries have been identified. The implementation of the poverty reduction strategy presented in this academic paper may have a positive impact on the economic situation of the population of Latin American countries.

The Impact of Product Variety in The Supply Chain: An Integrative Review and Future Research Direction (제품다양성이 공급사슬에 미치는 영향: 종합리뷰 및 미래연구방향)

  • Youngah Kim
    • Asia Marketing Journal
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    • v.7 no.1
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    • pp.67-89
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    • 2005
  • In recent decades, product variety has increased dramatically in most industries. Rapidly evolving technologies, global competition, and sophisticated customers have contributed to an increase in product variety in many industries. In this paper, I study the impact of product variety on several businesses in the supply chain through literature review. By study of literature. this paper presents the benefits and drawbacks of increasing product variety on functions performed in several departments, such as engineering, manufacturing, purchasing, logistics and marketing. It provides a brief overview of the various techniques like modularity, component sharing, and platform-based development, which are helpful in reducing the costs, when designing for variety. It also provides a brief overview of order processing, purchased component/part variety, which are helpful in reducing the purchasing costs, and customer satisfaction, market advantage, market share, competitive advantage and demand forecast, which are useful in impact of product variety on marketing. Future research directions are discussed.

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Forecasting Economic Impacts of Construction R&D Investment: A Quantitative System Dynamics Forecast Model Using Qualitative Data (건설 분야 정부 R&D 투자의 사업별 경제적 파급효과 분석 - 정성적 자료 기반의 시스템다이내믹스 예측모형 개발 -)

  • Hwang, Sungjoo;Park, Moonseo;Lee, Hyun-Soo;Jang, Youjin;Moon, Myung-Gi;Moon, Yeji
    • Korean Journal of Construction Engineering and Management
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    • v.14 no.2
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    • pp.131-140
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    • 2013
  • Econometric forecast models based on past time-series data have been applied to a wide variety of applications due to their advantages in short-term point estimating. These models are particularly used in predicting the impact of governmental research and development (R&D) programs because program managers should assert their feasibility due to R&D program's huge amount of budget. The construction governmental R&D programs, however, separately make an investment by dividing total budget into five sub-business area. It make R&D program managers difficult to understand how R&D programs affect the whole system including economy because they are restricted with regard to many dependent and dynamic variables. In this regard, system dynamics (SD) model provides an analytic solution for complex, nonlinear, and dynamic systems such as the impacts of R&D programs by focusing on interactions among variables and understanding their structures. This research, therefore, developed SD model to capture the different impacts of five construction R&D sub-business by considering different characteristics of sub-business area. To overcome the SD's disadvantages in point estimating, this research also proposed the method for constructing quantitative forecasting model using qualitative data. Understanding the different characteristics of each construction R&D sub-business can support R&D program managers to demonstrate their feasibility of capital investment.

A Study on High-resolution Numerical Simulation with Detailed Classification of Landuse and Anthropogenic Heat in Seoul Metropolitan area (수도권지역의 지표이용도 및 인공열 상세적용에 따른 고해상도 수치실험 연구)

  • Lee, Hankyung;Jee, Joon-Bum;Min, Jae-Sik
    • Korean Journal of Agricultural and Forest Meteorology
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    • v.19 no.4
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    • pp.232-245
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    • 2017
  • In this study, the high-resolution numerical simulation results considering landuse characteristics are analyzed by using single layer Urban Canopy Model (UCM) in Weather Research Forecast (WRF). For this, the impact of urban parameters such as roughness length and anthropogenic heat in UCM is analyzed. These values are adjusted to Seoul metropolitan area in Korea. The results of assessment are verified against observation from surface and flux tower. Forecast system equipped with UCM shows an overall improvement in the simulations of meteorological parameters, especially temperature at 2 m, surface sensible and latent heat flux. Major contribution of UCM is appreciably found in urban area rather than non-urban. The non-urban area is indirectly affected. In simulated latent heat flux, applying UCM is possible to simulate the change similarly with observations on urban area. Anthropogenic heat employed in UCM shows the most realistic results in terms of temperature and surface heat flux, indicating thermodynamic treatment of UCM could enhance the skills of high resolution forecast model in urban and non-urban area.

Data Assimilation of Radar Non-precipitation Information for Quantitative Precipitation Forecasting (정량적 강수 예측을 위한 레이더 비강수 정보의 자료동화)

  • Yu-Shin Kim;Ki-Hong Min
    • Journal of the Korean earth science society
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    • v.44 no.6
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    • pp.557-577
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    • 2023
  • This study defines non-precipitation information as areas with weak precipitation or cloud particles that radar cannot detect due to weak returned signals, and suggests methods for its utilization in data assimilation. Previous studies have demonstrated that assimilating radar data from precipitation echoes can produce precipitation in model analysis and improve subsequent precipitation forecast. However, this study also recognizes the non-precipitation information as valuable observation and seeks to assimilate it to suppress spurious precipitation in the model analysis and forecast. To incorporate non-precipitation information into data assimilation, we propose observation operators that convert radar non-precipitation information into hydrometeor mixing ratios and relative humidity for the Weather Research and Forecasting Data Assimilation system (WRFDA). We also suggest a preprocessing method for radar non-precipitation information. A single-observation experiment indicates that assimilating non-precipitation information fosters an environment conducive to inhibiting convection by lowering temperature and humidity. Subsequently, we investigate the impact of assimilating non-precipitation information to a real case on July 23, 2013, by performing a subsequent 9-hour forecast. The experiment that assimilates radar non-precipitation information improves the model's precipitation forecasts by showing an increase in the Fractional Skill Score (FSS) and a decrease in the False Alarm Ratio (FAR) compared to experiments in which do not assimilate non-precipitation information.