• Title/Summary/Keyword: input coefficient

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Are Trades Related to Technology? Evidences From The Baltic States: Estonia, Latvia and Lithuania

  • MUCHDIE, Muchdie;NARMADITYA, Bagus Shandy
    • The Journal of Asian Finance, Economics and Business
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    • v.6 no.2
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    • pp.83-93
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    • 2019
  • This paper provides empirical evidences from the Baltic States on the relationship between technology and trades. In this study, regression and correlation analysis were employed an attempt to reveal the relationship between technology index and net-export coefficient, as well as the relationship between technology index and import coefficient. In this research, technology level was measured by technology index, while trades included of domestic and foreign trades; export and import. The data used for this study were collected from world input-output databases of Estonia, Latvia and Lithuania for the period 2000, 2005, 2010, and 2014. The findings remarked that the relationship between technology and domestic trade was positive and statistically significant. The result of the study implies that the higher was the technology index leads to the higher domestic transaction. Furthermore, relationship between technology and net-export was unpredictable. In year 2000, data from Estonia and Latvia showed that the relationship between variables was negative and in other years of the study, the relationship was positive. However, the relationship between variables was not statistically significant. Lastly, the relationship between technology and import was negative and statistically significant. It implies that the higher was technology index, will have a consequence the smaller was import.

Investment Performance of Markowitz's Portfolio Selection Model over the Accuracy of the Input Parameters in the Korean Stock Market (한국 주식시장에서 마코위츠 포트폴리오 선정 모형의 입력 변수의 정확도에 따른 투자 성과 연구)

  • Kim, Hongseon;Jung, Jongbin;Kim, Seongmoon
    • Journal of the Korean Operations Research and Management Science Society
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    • v.38 no.4
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    • pp.35-52
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    • 2013
  • Markowitz's portfolio selection model is used to construct an optimal portfolio which has minimum variance, while satisfying a minimum required expected return. The model uses estimators based on analysis of historical data to estimate the returns, standard deviations, and correlation coefficients of individual stocks being considered for investment. However, due to the inaccuracies involved in estimations, the true optimality of a portfolio constructed using the model is questionable. To investigate the effect of estimation inaccuracy on actual portfolio performance, we study the changes in a portfolio's realized return and standard deviation as the accuracy of the estimations for each stock's return, standard deviation, and correlation coefficient is increased. Furthermore, we empirically analyze the portfolio's performance by comparing it with the performance of active mutual funds that are being traded in the Korean stock market and the KOSPI benchmark index, in terms of portfolio returns, standard deviations of returns, and Sharpe ratios. Our results suggest that, among the three input parameters, the accuracy of the estimated returns of individual stocks has the largest effect on performance, while the accuracy of the estimates of the standard deviation of each stock's returns and the correlation coefficient between different stocks have smaller effects. In addition, it is shown that even a small increase in the accuracy of the estimated return of individual stocks improves the portfolio's performance substantially, suggesting that Markowitz's model can be more effectively applied in real-life investments with just an incremental effort to increase estimation accuracy.

Analysis on Correlation between CO2 Emissions and Production, Acreage of Crops using Environmental Input-Output Analysis (환경산업연관분석을 이용한 농작물의 이산화탄소 배출량 변화와 생산량, 재배면적의 상관성 분석)

  • Min, Seul-Gi;Son, Young-Hwan;Noh, Soo-Kack;Park, Jae-Sung;Bong, Tae-Ho
    • Journal of The Korean Society of Agricultural Engineers
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    • v.56 no.1
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    • pp.61-70
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    • 2014
  • South Korea is under pressure to reduce $CO_2$ emissions because of expanding request for reducing $CO_2$ emissions. In many industry sectors, $CO_2$ emissions were analyzed to reduce $CO_2$ emissions. But little effort in researching agricultural sector has been undertaken because it is recognized as environmentally friendly industry. The object of this research is to estimate $CO_2$ emissions of crops and analysis on correlation between $CO_2$ emissions and production, acreage of crops. In this study, environmental input-output analysis was used to estimate $CO_2$ emissions of agricultural sector and spearman correlation coefficient was used to analysis on correlation between $CO_2$ emissions and statics like production and acreage. As a result, rice, barley, pulses and horticultural specialities had correlation with acreage and correlation coefficients of these crops were 0.800~0.933. Regression equations about $CO_2$ emissions and acreage of rice, barley, pulses and horticultural specialities was made and $R^2$ of these equations were 0.615~0.929. Using equations, $CO_2$ emissions of rice, barley, pulses and horticultural specialities can be estimated with acreage.

Prediction Models of Residual Chlorine in Sediment Basin to Control Pre-chlorination in Water Treatment Plant (정수장 전염소 공정 제어를 위한 침전지 잔류 염소 농도 예측모델 개발)

  • Lee, Kyung-Hyuk;Kim, Ju-Hwan;Lim, Jae-Lim;Chae, Seon Ha
    • Journal of Korean Society of Water and Wastewater
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    • v.21 no.5
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    • pp.601-607
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    • 2007
  • In order to maintain constant residual chlorine in sedimentation basin, It is necessary to develop real time prediction model of residual chlorine considering water treatment plant data such as water qualities, weather, and plant operation conditions. Based on the operation data acquired from K water treatment plant, prediction models of residual chlorine in sediment basin were accomplished. The input parameters applied in the models were water temperature, turbidity, pH, conductivity, flow rate, alkalinity and pre-chlorination dosage. The multiple regression models were established with linear and non-linear model with 5,448 data set. The corelation coefficient (R) for the linear and non-linear model were 0.39 and 0.374, respectively. It shows low correlation coefficient, that is, these multiple regression models can not represent the residual chlorine with the input parameters which varies independently with time changes related to weather condition. Artificial neural network models are applied with three different conditions. Input parameters are consisted of water quality data observed in water treatment process based on the structure of auto-regressive model type, considering a time lag. The artificial neural network models have better ability to predict residual chlorine at sediment basin than conventional linear and nonlinear multi-regression models. The determination coefficients of each model in verification process were shown as 0.742, 0.754, and 0.869, respectively. Consequently, comparing the results of each model, neural network can simulate the residual chlorine in sedimentation basin better than mathematical regression models in terms of prediction performance. This results are expected to contribute into automation control of water treatment processes.

Estimating the Economic Impact of Smoke-free Policy in Restaurants using an Input-Output Analysis (산업연관분석을 이용한 음식점 금연 정책의 경제적 효과 분석)

  • Seo, Sukyong;Yeon, Seunguk;Yoo, Ki-Bong;Cho, Hong-Jun;Lee, Ju hyun;Noh, Jin-Won
    • Culinary science and hospitality research
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    • v.23 no.5
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    • pp.169-177
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    • 2017
  • Smoking bans at restaurants and bars have recently been introduced in Korea. Researchers and stakeholder are interested in the resulting changes in sales of restaurants and bars and their impact on overall national economy including employment. We examined the input-output tables (2013) issued by The Bank of Korea. The result showed that the production inducement coefficient was about 2.16; employment inducement coefficient was 13.1 for the restaurant and bar industry. The amount of inducement in the national production was calculated by 93,100 billion KRW. Employment inducement was calculated by 1,219,610 persons overall industries for a year. Assuming there comes a change (3%, 5%, 10%) in restaurant and bar production in consequence of the smoking bans, we computed following change in the national production and employment. The resulting changed in national production was 6,033 billion, 10,055 billion, and 20,110 billion KRW, respectively. The impact of employment overall industries was calculated 79,032, 131,720 and 263,441 persons, respectively.

Design of Radix-4 FFT Processor Using Twice Perfect Shuffle (이중 완전 Shuffle을 이용한 Radix-4 FFT 프로세서의 설계)

  • Hwang, Myoung-Ha;Hwang, Ho-Jung
    • Journal of the Korean Institute of Telematics and Electronics
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    • v.27 no.2
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    • pp.144-150
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    • 1990
  • This paper describes radix-4 Fast Fourier Transform (FFT) Processor designed with the new twice perfect shuffle developed from a perfect shuffle used in radix-2 FFT algorithm. The FFT Processor consists of a butterfly arithmetic circuit, address generators for input, output and coefficient, input and output registers and controller. Also, it requires the external ROM for storage of coefficient and RAM for input and output. The butterfly circuit includes 12 bit-serial ($16{\times}8$) multipliers, adders, subtractors and delay shift registers. Operating on 25 MHz two phase clock, this processor can compute 256 point FFT in 6168 clocks, i.e. 247 us and provides flexibility by allowing the user to select any size among 4,16,64,and256points. Being fabricated with 2-um double metal CMOS process, it includes about 28000 transistors and 55 pads in $8.0{\times}8.2mm^2$area.

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The Effects of Rural Tourism on National Economy (농촌관광산업의 경제적 파급효과)

  • Kim, Hyeonsuk;Kim, Soyun;Lee, Jongsang
    • Journal of Agricultural Extension & Community Development
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    • v.23 no.3
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    • pp.285-293
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    • 2016
  • The increase in demand for leisure time by the public and the vitalization of agricultural tourism resulting from the expansion of the five-day work week are expected to greatly contribute to the rural economy, but actual studies analyzing the ripple effect of the agricultural tourism industry are lacking. In order to analyze the economic ripple effect, tourism or agricultural tourism must become an independent sector in the inter-industry relations table's sector classification, but because it is not, the study uses a method of analysis which involves creating a satellite account. However, because agricultural tourism has a clear main agent in farms unlike general tourism which does not, there is one method in which provisions are made by farms or farm villages and another method in which outside products are used. The purpose of the present is to measure the economic ripple effect of agricultural tourism with a focus on 162 subclasses by applying positive data from the education sector input into agricultural tourism. Satellite accounts which considered intermediate input were created and applied to positive data, the analysis of which revealed agricultural tourism to account for 462 billion won, which is 0.01% of the total production amount of 3,503,480 billion won, while the production inducement coefficient was 3.2895 units when the final demand of agricultural tourism occurs. When the production inducement coefficient is at 3.2895 units, highest sector was agricultural tourism at 0.9968 units followed by restaurants and bars at 0.3325 units, roadt transportation services at 0.3183 units, lodging services at 0.1520 units, and petroleum products at 0.1290 units.

Analysis of Split Power/Ground Plane Structures for Radiated EMI Reduction (EMI 저감을 위해 분할된 전원/접지 평판 구조에서의 방사성 방출 분석)

  • Lee, Jang-Hoon;Lee, Pil-Soo;Lee, Tae-Heon;Kim, Chang-Gyun;Song, In-Chae;Wee, Jae-Kyung
    • Journal of the Institute of Electronics Engineers of Korea SD
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    • v.47 no.6
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    • pp.43-50
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    • 2010
  • In this paper, we analyzed radiated emission generated by the split power/ground plane structures in order to reduce EMI in system modules. The magnetic fields and electric fields were simulated and measured on the test boards under various conditions. In order to reduce radiated emission, we have to determine spacing and location of the split ground gap so that input signal frequency does not coincide with the resonance frequency of the split power/ground plane structure and the phase of reflection coefficient is close to $0^{\circ}$ at input signal frequency. Moreover, we found that inserting a stitching capacitor could reduce the radiated emission. Low magnitude of reflection coefficient and the phase close to $0^{\circ}$ are required to reduce radiated emission. It is necessary to properly decide value and location of a stitching capacitor to fulfil those requirements.

A Study on the Construction method to improve the fuzzy controllers using language variable and coefficient selecting method (언어변수 및 계수선택방법을 이용한 퍼지제어기 설계에 관한 연구)

  • 박승용;변기녕;황종학;김흥수
    • Proceedings of the Korea Society for Industrial Systems Conference
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    • 2000.05a
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    • pp.125-134
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    • 2000
  • In this paper, we proposed a new circuit construction method that reduced the number of CMOS devices of singleton fuzzy controller(SFC) through the proposing a new membership function circuit(MFC) which uses the language variable selecting and the coefficient selecting circuit. According to the range of input values, we can choose the language variables beforehand which will be used in the inference. So we proposed the new MFC which generates the only necessary language variables. Also, we removed all rules of which adapting degree of their antecedents is zero through proposing the coefficient selecting circuit which beforehand selects the coefficients which will influence the inference result. Though this method, we simplified the structure of SFC and reduced the size of hardware. And to solve the problem in the current mode with respect to the restriction of the fan-out number, voltage-input and current-out membership function circuits are constituted of operational transconductance amplifiers. A membership function circuit which includes the language variable selecting circuit, a minimum operation circuit we implemented by current mode CMOS devices. As a result of applying proposed method, total numbers of blocks and devices wave decreased. If the number of variables and antecedents are getting larger, this method is more efficient.

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Sensitivity Analysis of Climate Factors on Runoff and Soil Losses in Daecheong Reservoir Watershed using SWAT (SWAT 모형을 이용한 대청댐 유역의 기후인자에 따른 유출 및 유사량 민감도 평가)

  • Ye, Lyeong;Chung, Se-Woong;Lee, Heung-Soo;Yoon, Sung-Wan;Jeong, Hee-Young
    • Journal of Korean Society on Water Environment
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    • v.25 no.1
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    • pp.7-17
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    • 2009
  • Soil and Water Assessment Tool (SWAT) was used to assess the impact of potential future climate change on the water cycle and soil loss of the Daecheong reservoir watershed. A sensitivity analysis using influence coefficient method was conducted for two selected hydrological input parameters and three selected sediment input parameters to identify the most to the least sensitive parameters. A further detailed sensitivity analysis was performed for the parameters: Manning coefficient for channel (Cn), evaporation (ESCO), and sediment concentration in lateral (LAT_SED), support practice factor (USLA_P). Calibration and verification of SWAT were performed on monthly basis for 1993~2006 and 1977~1991, respectively. The model efficiency index (EI) and coefficient of determination ($R^2$) computed for the monthly comparisons of runoffs were 0.78 and 0.76 for the calibration period, and 0.58 and 0.65 for the verification period. The results showed that the hydrological cycle in the watershed is very sensitive to climate factors. A doubling of atmospheric $CO_2$ concentrations was predicted to result in an average annual flow increase of 27.9% and annual sediment yield increase of 23.3%. Essentially linear impacts were predicted between two precipitation change scenarios of -20, and 20%, which resulted in average annual flow and sediment yield changes at Okcheon of -53.8%, 63.0% and -55.3%, 65.8%, respectively. An average annual flow increase of 46.3% and annual sediment yield increase of 36.4% was estimated for a constant humidity increase 5%. An average annual flow decrease of 9.6% and annual sediment yield increase of 216.4% was estimated for a constant temperature increase $4^{\circ}C$.