• Title/Summary/Keyword: long period dynamics

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Testing for the Statistical Interrelationship between the Real Estate and the Stock Markets (부동산시장과 주식시장의 통계적 연관성 검정)

  • Kim, Tae-Ho
    • The Korean Journal of Applied Statistics
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    • v.21 no.3
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    • pp.497-508
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    • 2008
  • As important markets have been closely connected in the opening and globalizing process, the instability in one market is increasingly possible to spread in other markets, which necessarily leads to careful investigations. In analyzing the short and the long run dynamics between the stock and the real estate markets, which are the two major investment options, this study conducts the statistical tests for the interrelationships between the two markets and the possibility of their substitution effect. In addition, the estimation results appear to be consistent with the simple causal relationship among the markets in the high interest rate period and the relatively complex relationship in the low interest rate period.

Analysis of Temporal and Spatial Variations of Channel-Aquifer Interaction Using a Distributed Catchment Model: A Case Study for the Tarland Burn Catchment in the UK (분포형 유역 모델을 이용한 하천-지하수 상호작용의 시공간적 변동 해석: 영국 Tarland Burn 유역에 대한 사례 연구)

  • Koo, Bhon-Kyoung
    • Proceedings of the Korea Water Resources Association Conference
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    • 2007.05a
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    • pp.253-257
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    • 2007
  • Channel-aquifer interaction is one of the key hydrological processes that determine water flows in the stream/river channel. Field measurements of channel-aquifer interaction, however, is very difficult and costly, particularly when one intends to understand its variations across a catchment for a long period. Hydrological simulations using a catchment model are a relatively easier and cheaper alternative provided the model structure is appropriate for describing channel-aquifer interaction. In this study, a catchment model called CAMEL (Chemicals from Agricultural Management and Erosion Losses) is used for estimating channel-aquifer interaction over time and space. CAMEL is a distributed catchment model to simulate transformation and transport processes of sediment and pollutants as well as water flows at the catchment scale. In the model, a catchment is represented using a network of square columns each of which is comprised of various storages of water. CAMEL explicitly simulates both surface and subsurface processes including channel-aquifer interaction. This paper presents an application study results of CAMEL for the Tarland Burn Catchment, a small (catchment area $52\;km^2$) rural catchment in Scotland, UK, demonstrating some of the channel-aquifer interaction dynamics across the catchment during a 2-year period.

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Regional Relative Price Disparities and Their Driving Forces

  • Chang, Eu Joon;Kim, Young Se
    • East Asian Economic Review
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    • v.21 no.3
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    • pp.201-230
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    • 2017
  • This paper studies the long-run behavior of relative price dispersion among cities in Korea with a special emphasis on heterogeneous transitional patterns of price level dynamics. Formal statistical tests indicate considerable evidence for rejecting the null of relative price level convergence among the majority of cities over the sample period of 1985-2015. The analysis of gravity model suggests that the effect of transportation costs on intercity price level differentials is limited, while other socioeconomic factors, such as income, input factor prices, demographic structure, and housing price growth, play key roles in accounting for persistent regional price level disparities. Individual price levels are found to be better explained by a multiple-component model, and the deviations from PPP may be attributed to distinct stochastic common trends that are characterized by income and demographic structure.

Simulating Carbon Storage Dynamics of Trees on the Artificial Ground (시뮬레이션을 통한 인공지반 교목의 탄소저장량 변화)

  • You, Soo-Jin;Song, Ki-Hwan;Park, Samuel;Kim, Se-Young;Chon, Jin-Hyung
    • Journal of the Korean Institute of Landscape Architecture
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    • v.45 no.2
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    • pp.11-22
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    • 2017
  • To successfully create a low-carbon landscape in order to become a low-carbon city, it is necessary to understand the dynamics of artificial greening's resources on a multi-scale. Additionally, the effects of carbon storage should be quantitatively evaluated. The purpose of this study is to simulate and evaluate the changes in carbon storages of artificial ground trees using system dynamics throughout a long-term period. The process consisted of analyzing the dynamics of the multi-scale carbon cycle by using a casual loop diagram as well as simulating carbon storage changes in the green roof of the Gangnam-gu office building in 2008, 2018, 2028, and 2038. Results of the study are as follows. First, the causal loop diagram representing the relationship between the carbon storage of the artificial ground trees and the urban carbon cycle demonstrates that the carbon storage of the trees possess mutual cross-scale dynamics. Second, the main variables for the simulation model collected 'Biomass,' 'Carbon storage,' 'Dead organic matter,' and 'Carbon absorption,'and validated a high coefficient of determination, the value being ($R^2$=0.725, p<0.05). Third, as a result of the simulation model, we found that the variation in ranking of tree species was changing over time. This study also suggested the specific species of tree-such as Acer palmatum var. amoenum, Pinus densiflora, and Betula platyphylla-are used to improve the carbon storage in the green roof of the Gangnam-gu office building. This study can help contribute to developing quantitative and scientific criteria when designing, managing, and developing programs on low-carbon landscapes.

Multi-decadal Changes in Fish Communities Jeju Island in Relation to Climate Change (기후변화에 따른 제주도 주변 해역 수산 어종 변화(1981-2010))

  • Jung, Sukgeun;Ha, Seungmok;Na, Hanna
    • Korean Journal of Fisheries and Aquatic Sciences
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    • v.46 no.2
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    • pp.186-194
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    • 2013
  • We compiled and analyzed long-term time-series data collected in Korea to evaluate changes in oceanographic conditions and marine ecosystems near Jeju Island ($33^{\circ}00^{\prime}-34^{\circ}00^{\prime}\;N$, $125^{\circ}30^{\prime}-127^{\circ}30^{\prime}\;E$) from 1981 to 2010. Environmental data included depth-specific time series of temperature and salinity that have been measured bimonthly since 1961 in water columns at 175 fixed stations along 22 oceanographic lines in Korean waters by the National Fisheries Research & Development Institute, and time series of estimated volume transport of the Tsushima Warm Current (TWC) and Korea Strait Bottom Cold Water (KSBCW) for the period from 1961 to 2008. We analyzed the species composition in terms of biomass of fish species caught by Korean fishing vessels in the waters near Jeju Island (1981-2010). Data were summarized and related to environmental changes using canonical correspondence analysis (CCA). The CCA detected major shifts in fish community structure between 1982 and 1983 and between 1990 and 1992; the dominant species were a filefish during 1981-1992 and chub mackerel from 1992 to 2007. CCA suggested that water temperature and salinity in the mixed layer and the volume transport of the TWC and the KSBCW were significantly related to the long-term changes in the fish community in the waters off Jeju Island. Fish community shifts seemed to be related to the well-established 1989 regime shift in the North Pacific. Further studies are required to elucidate the mechanisms driving climate change effects on the thermal windows and habitat ranges of commercial species to develop fisheries management plans based on reliable projections of long-term changes in the oceanographic conditions in waters off Jeju Island.

Effect of Continuous Biochar Use on Soil Chemical Properties and Greenhouse Gas Emissions in Greenhouse Cultivation (시설재배지에서 바이오차 연용이 토양의 화학적 특성 및 온실가스 배출에 미치는 효과)

  • Jae-Hyuk Park;Dong-Wook Kim;Se-Won Kang;Ju-Sik Cho
    • Korean Journal of Environmental Agriculture
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    • v.42 no.4
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    • pp.435-443
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    • 2023
  • Global concern over climate change, driven by greenhouse gas emissions, has prompted widespread interest in sustainable solutions. In the agricultural sector, biochar has emerged as a focal point for mitigating these emissions. This study investigated the impact of continuous biochar application on CO2 and N2O emissions during the spring cabbage cultivation period. Greenhouse gas emissions in the biochar treatment groups (soils treated with 1, 3, and 5 tons/ha of rice husk biochar) were compared to those in the control group without biochar. During the spring cabbage cultivation period in 2022, the total CO2 emissions were in the range of 71.6-119.0 g/m2 day, and in 2023, with continuous biochar application, they were in the range of 71.6-102.1 g/m2 day. The total emissions of N2O in 2022 and 2023 were in the range of 11.7-23.7 and 7.8-19.9 g/m2 day, respectively. Overall, greenhouse gas emissions decreased after biochar treatment, confirming the positive influence of biochar on mitigating greenhouse gas release from the soil. Nevertheless, further research over an extended period exceeding five years is deemed essential to delve into the specific mechanisms behind these observed changes and to assess the long-term sustainability of biochar's impact on greenhouse gas dynamics in agricultural settings.

Health Risk Assessment for Residents after Exposure to Chemical Accidents: Formaldehyde (화학사고물질 노출에 따른 피해지역 주민 건강위해성평가: 폼알데하이드 사례를 중심으로)

  • Park, Sihyun;Cho, Yong-Sung;Lim, Huibeen;Park, Jihoon;Lee, Cheolmin;Hwang, Seung-Ryul;Lee, Chungsoo
    • Journal of Environmental Health Sciences
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    • v.47 no.2
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    • pp.155-165
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    • 2021
  • Objectives: Acute exposure to high concentrations of chemicals can occur when a chemical accident takes place. As such exposure can cause ongoing environmental pollution, such as in the soil and groundwater, there is a need for a tool that can assess health effects in the long term. The purpose of this study was assessing the health risks of residents living near a chemical accident site due to long-term exposure while considering the temporal concentration changes of the toxic chemicals leaked during the accident until their extinction in the environment using a multimedia environmental dynamics model. Methods: A health risk assessment was conducted on three cases of formaldehyde chemical accidents. In this study, health risk assessment was performed using a multimedia environmental dynamics model that considers the behavior of the atmosphere, soil, and water. In addition, the extinction period of formaldehyde in the environment was regarded as extinction in the environment when the concentration in the air and soil fell below the background concentration prior to the accident. The subjects of health risk assessment were classified into four groups according to age: 0-9 years old, 10-18 years old, 19-64 years old, and over 65 years old. Carcinogenic risk assessment by respiratory exposure and non-carcinogenic risk assessment by soil intake were conducted as well. Results: In the assessment of carcinogenic risk due to respiratory exposure, the excess carcinogenic risk did not exceed 1.0×10-6 in all three chemical accidents, so there was no health effect due to the formaldehyde chemical accident. As a result of the evaluation of non-carcinogenic risk due to soil intake, none of the three chemical accidents had a risk index of 1, so there was no health effect. For all three chemical accidents, the excess cancer risk and hazard index were the highest in the age group 0-9. Next, 10-18 years old, 65 years old or older, and 19-64 years old showed the highest risk. Conclusion: This study considers environmental changes after a chemical accident occurs and until the substance disappears from the environment. It also conducts a health risk assessment by reflecting the characteristics of the long-term persistence and concentration change over time. It is thought that it is of significance as a health risk assessment study reflecting the exposure characteristics of the accident substance for an actual chemical accident.

Modeling and Analysis the Competition Dynamics among Container Transshipment Ports : East-Asian Ports as a Case Study (컨테이너 환적 항만 간의 동태적 경쟁에 관한 연구 : 동아시아 항만을 중심으로)

  • Abdulaziz, Ashurov;Kim, Jae-bong;Park, Nam-ki
    • Journal of Korea Port Economic Association
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    • v.32 no.4
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    • pp.165-182
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    • 2016
  • This study examines the competitiveness and cooperativeness among the container ports in East Asia by analyzing their monthly dynamics in eight years (2008-2015). Time series data on container throughput divided into origin and destination (O/D), such as the top six Chinese ports and the transshipment (T/S) ports such as Hong Kong, Busan, and Singapore, are computed with two methods based on the Vector Error Correction Model (VECM). The first Granger causality test results show that Busan T/S has significant bilateral relations with three Chinese O/D ports; and significant unidirectional relations with three other O/D ports. Shenzhen port has significant bilateral relations with Singapore, and has a significant unidirectional relation with Hong Kong port. Co-integrating test results showed that Busan holds negative co-integration with all Chinese O/D ports. Impulse response function (IRF) results show an opposite direction between paired ports. The ratios of the impulse from T/S ports are significantly high to one another in the short-run, but its power declines as time passes. The ratio of the impulse from the Chinese ports to T/S ports is less significant in the short-run period, however, it becomes more significant as time passes. The significance of most shocks was high in the second period, but was diluted after the sixth period.

Numerical Study on the Thermal Stratification Behavior in Underground Rock Cavern for Thermal Energy Storage (TES) (열에너지 저장을 위한 지하 암반공동 내 열성층화 거동에 대한 수치해석적 연구)

  • Park, Do-Hyun;Kim, Hyung-Mok;Ryu, Dong-Woo;Choi, Byung-Hee;SunWoo, Choon;Han, Kong-Chang
    • Tunnel and Underground Space
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    • v.22 no.3
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    • pp.188-195
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    • 2012
  • Using a computational fluid dynamics (CFD) code, FLUENT, the present study investigated the thermal stratification behavior of Lyckebo storage in Sweden, which is the very first large-scale rock cavern for underground thermal energy storage. Heat transfer analysis was carried out for numerical cases with different temperatures of the surrounding rock mass in order to examine the effect of rock mass heating due to periodic storage and production of thermal energy on thermal stratification and heat loss. The change of thermal stratification with respect to time was quantitatively examined based on an index of the degree of stratification. The results of numerical simulation showed that in the early operational stage where the surrounding rock mass was less heated, the stratification of stored thermal energy was rapidly degraded over time, but the degradation and heat loss tended to reduce as the surrounding rock mass was heated during a long period of operation.

Population Dynamics of Five Anopheles Species of the Hyrcanus Group in Northern Gyeonggi-do, Korea

  • Jeong, Kyoung-Yong;Un, Sun-Jin;Lee, Jong-Weon;Lee, In-Yong;Yong, Tai-Soon;Ree, Han-Il
    • Parasites, Hosts and Diseases
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    • v.48 no.4
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    • pp.351-353
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    • 2010
  • To investigate the population densities of potential malaria vectors, Anopheles species were collected by light traps in malaria endemic areas, Paju and Gimpo, Gyeonggi-do of Korea. Five Anopheles Hyrcanus sibling species (An. sinensis, An. pullus, An. lesteri, An. kleini, and An. belenrae) were identified by PCR. The predominant species, An. pullus was collected during the late spring and mid-summer, while higher population consists of An. sinensis were collected from late summer to early autumn. These 2 species accounted for 92.1 % of all Anopheles mosquitoes collected, while the other 3 species accounted for 7.9%. Taking into account of these population densities, late seasonal prevalence, and long-term incubation period (9-13 months) of the Korean Plasmodium vivax strain, An. sinensis s.s is thought to play an important role in the transmission of vivax malaria in the study areas.