• Title/Summary/Keyword: model factor

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The Impacts of Speculative Trading on Commodity Prices After the Global Financial Crisis (금융위기 이후 투기 거래가 원자재 가격에 미친 영향)

  • Kim, Hwa-Nyeon
    • Journal of the Korea Academia-Industrial cooperation Society
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    • v.17 no.5
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    • pp.179-185
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    • 2016
  • This study verifies whether speculative trading in commodity markets acted as the primary cause of the increase in commodity prices after the global financial crisis using the Structural Vector Autoregressive (SVAR) model. The effects of speculative trading on commodity prices increased by a factor of 3 to 6 after the crisis compared to those before the crisis. Although the demand related variables, such as industrial production, affected commodity prices significantly before the crisis, their effects decreased after the crisis. Consequently, the rebound of commodity prices after the crisis was mainly caused by the increase in speculative money, fortified by the expansion of the global liquidity supply. The global liquidity may well increase in the future, because the U.S. Federal Reserve Board is likely to continue to increase its interest rate. This study claims that when global liquidity shrinks as a result of a change in the Fed's monetary policy stance, speculative trading will slow down, leading to a decline in commodity prices.

A Study on Characteristics of Indoor space and Food related of Japanese restaurant as successful model for globalizing Korean restaurants - Japanese restaurants in Hong Kong - (한식당 세계화를 위한 성공모델로서의 일식당 실내공간과 음식관련요소의 특성 연구 - 홍콩 소재 일식당 대상 -)

  • Lee, Ji-Hyun;Oh, Hye-Kung
    • Korean Institute of Interior Design Journal
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    • v.18 no.1
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    • pp.54-63
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    • 2009
  • The present study is a basic research for promoting the globalization of Korean food, aiming to analyze Japanese restaurants in Hong Kong, an international city successful in globalization, focused on their spatial characteristics and food related characteristics and to use the results as basic materials. The results of this study are as follows. As to the characteristics of indoor spaces and food of Japanese restaurants in Hong Kong, first, the locations of Japanese restaurants were mostly easily accessible luxury hotels, office buildings or shopping malls. They displayed Japanese styles well and used conspicuous signs. Their trade names were given after traditional place names, food names, greetings, etc. Second, the spaces of Japanese restaurants expressed contemporary and, at the same time, traditional styles moderately and elegantly by applying emphatic articles such as traditional furniture, tools and folk paintings to contemporary spaces with traditional air, and by doing so, they showed various possibilities. Third, as to the characteristics of food culture, menus were diversified from traditional menus such as kaiseki to everyday menus such as vinegared rice, ramen, skewered roast meat and fusion dish, and at the same time, differentiated by concept. In addition, some restaurants succeeded in globalization and modernization with chains throughout the world. Furthermore, while table setting, food dishing and tableware image were harmonized with the concept of the restaurant space, if tradition needed to be displayed it was used at a minimum, showing the Japanese aesthetic sense through the restaurant space and food. In globalizing Korean restaurants based on the results of this study, we need to link trade name, facade, sign, menu and space with served food, and to plan a consistent story so that Korean culture and images are expressed. In addition, if a manual is made by benchmarking the Japanese government's support policies and relevant businesses' efforts and ideas and provided to Korean restaurants, it will be helpful for Korean restaurants, which spread Korean food culture, to be more competitive and graceful.

Eddy Current Loss Analysis in Radial Flux Type Synchronous Permanent Magnet Coupling using Space Harmonic Methods (공간고조파법을 이용한 반경방향 영구자석을 갖는 자기커플링의 와전류 손실 해석)

  • Min, Kyoung-Chul;Kang, Han-Bit;Park, Min-Gyu;Cho, Han-Wook;Choi, Jang-Young
    • The Transactions of The Korean Institute of Electrical Engineers
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    • v.63 no.10
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    • pp.1377-1383
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    • 2014
  • This paper deals with eddy current loss of magnetic coupling with radial permanent magnet (PM) using analytical method such as a space harmonic method. Superposition of two kinds analysis model is used to analyze eddy current loss induced in inner PM and outer PM of magnetic coupling. When the eddy current is induced, the environmental temperature increases, and the permanent magnet(PM) characteristics are degraded because the performance of PM is greatly influenced by temperature rise. Hence, the calculation of eddy current loss becomes an important factor in the magnetic coupling. In order to analyze eddy current loss, first, on the basis of the magnetic vector potential and two-dimensional(2-D) polar-coordinate system, the magnetic field solutions of the radial magnetized PM are obtained. And we obtain the analytical solutions for the eddy current density produced by permanent magnet. Lastly, analytical solutions for eddy current loss are derived by using equivalent, electrical resistance calculated from magnet volume and analytical solution for eddy current density. This analytical results are validated by comparing with the 2-D finite element analysis (FEA).

A Study on the Analysis of Present Navigation Method at the Ulsan waterways from the viewpoint of Pilot (도선사의 관점에서 본 울산항 도선구의 통항 현황 분석에 관한 연구)

  • Choi, Kei-Yel;Lee, Dong-Sup;Park, Young-Soo
    • Journal of Navigation and Port Research
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    • v.35 no.6
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    • pp.469-475
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    • 2011
  • Ulsan pilotage is one of the most busy pilots boarding among the korean pilotages. The route layout of ulsan port is simple but the complex degree of marine traffic flow is high because there are many navigating ships from/to piers and anchorages nearby route. So, this paper is surveyed and analysised the navigating dangerous factors as to navigation danger elements in/near the route, the proper distance between piers at the ulsan waterways. And this research assures the same place where shiphandling bunder is occurred to compare the danger sense of pilot with environment stress to represented the mariner's shiphandling stress quantitatively at the ulsan route.

A Study on Competition Structure among Domestic Container Ports (국내 컨테이너항만의 경쟁구조에 관한 연구)

  • Lee, Ji-Hoon;Kim, Yul-Seong;Shin, Chang-Hoon
    • Journal of Navigation and Port Research
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    • v.33 no.1
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    • pp.91-98
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    • 2009
  • Busan port, which had ranked at 3rd busiest port following Singapore and Hong Kong in 2002, has been nudged out of 5th place. Growth of China ports threatens Korea ports to be a hub port in Far East Asia. Therefore, Korea ports are needed to establish competitive strategies to overcome a crisis of local ports. In this paper, the question, 'Who is my competitor?' is examined There is a different aspect between this work and many studies that has been done before, because the fore studies focused on the competitive factors or port efficiencies. Above all, the meaning of competition among ports has been summarized through existing literatures. Next. the competition structure among ports is researched, based 0/1 import-export traffic of five local ports including Busan.

Development and Rationalization of Maritime Traffic Facilities Management System (해양교통시설 운영관리 시스템 구축 및 합리화 방안)

  • Jeon, Min-Su;Lee, Joong-Woo
    • Journal of Navigation and Port Research
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    • v.37 no.6
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    • pp.587-595
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    • 2013
  • Establishment and operation of Aids to Navigation in the process of port design, construction and management are crucial factor of maritime safety and collision prevention. According to the IMO SOLAS Chapter 5, regulation 13, the establishment and operation of maritime safety facilities are mandated for the competent authorities. The facilities of Aids to Navigations are moving to a concept of e-Navigation with state-of-the-art technology of radio navigation equipments such as AIS, DGPS and e-Loran from the traditional visual facilities (optics, shape), Although the autonomous maritime traffic system is a new trend, yet the traditional and conventional Aids to Navigation like lighthouses and beacons are still imperative for vessel's safe navigation. In this paper, for decision of service level of maritime traffic facilities to enhance the efficiency of visual navigation system management it was proposed the Aids to Navigation availability as an efficient management system incorporating the whole maritime traffic facilities under one management system. Comparison of foreign level of services and analysis of the theoretical background of them were analyzed and the proposed LOS was applied to Incheon area to evaluate the safety of navigation routes.

A Study of Effects of Interorganizational Relationship Factors on Technology Diffusion in Supply Chain Networks (공급사슬 네트워크에서 기업 간 관계 요인이 기술 확산에 미치는 영향)

  • Choi, Daeheon
    • Journal of the Korea Academia-Industrial cooperation Society
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    • v.16 no.2
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    • pp.1006-1015
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    • 2015
  • This study proposed a model to examine the interorganizational relationship factors on the technology diffusion in supply chain networks whereby a firm's adoption decision is influenced by information from physical and social proximity with others as well as its own attributes. To test several hypotheses developed in this context, this paper analyzed the data set of US consumer packaged goods companies adopting an inventory tracking technology in a retail supply chain and found that a potential adopter's decision is largely influenced by the social proximity with prior adopters in a network over time, while a firm's likelihood of adoption at the initial period is mainly determined by its own attributes.

Design of Power Detection Block for Wireless Communication Transmitter Systems (무선통신 송신시스템용 전력검출부 설계)

  • Hwang, Mun-Su;Koo, Jae-Jin;Ahn, Dal;Lim, Jong-Sik
    • Journal of the Korea Academia-Industrial cooperation Society
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    • v.8 no.5
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    • pp.1000-1006
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    • 2007
  • This paper presents a power detector circuit which monitors the transmitting power for the application in CDMA cell phones. The proposed power detector are composed of coupler for coupling output power and detector fur monitoring output power. The designed coupler has low loss characteristic because it adopts the stripline structure which consists of two ground planes at both sides of signal plane. The design frequency is 824-849MHz which is the Tx band fur CDMA mobile terminal, and the coupling factor of the stripline coupler is -20dB. A schottky barrier diode is adopted for detector design because of its high speed operation with minimized loss. The required impedance matching is performed to improve the linearity and sensitivity of output voltage at relatively low detector input level where the nonlinear characteristic of diode exists. The package parasitics as well as intrinsic diode model are considered for simulation of the detector. The predicted performances agree well with the measured results.

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Development of educational contents for the real time monitoring by changing of hybrid vehicle driving mode (하이브리드 자동차의 주행 모드 변환에 따른 실시간 모니터링 교육용 콘텐츠 개발)

  • Lee, Joong-Soon;Son, Il-Moon
    • Journal of the Korea Academia-Industrial cooperation Society
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    • v.12 no.4
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    • pp.1575-1580
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    • 2011
  • A key factor in the study of hybrid vehicle is to enhance the usability of energy. The paper introduces the monitor and controlling technology of hybrid vehicle that can process the relevant information considering the structure of power system and driving strategies simultaneously, and can monitor its results. This technology, so called HEV algorithm analysis, has been applied to PRIUS THS made by Toyota Co. LTD. This model is adapted to parallel hybrid type. It has a somewhat comlex structure, but has several merits. It's energy loss is lower when conversing. and also it is easily applied to the conventional vehicle having a gasoline engine without any overall changing of its structure, and so on. This monitor and controlling technology is very useful to study on the various driving strategies of hybrid vehicle for maximizing the usability between engine and electric motor.

A Study on the Formation Plan of Green Cluster by Sectoral Type for the Enhancement of Regional Competitiveness in Green Industry (녹색산업의 지역경쟁력 확보를 위한 산업유형별 클러스터 형성방안에 관한 연구)

  • Kim, Soo-Kyung;Lee, Joo-Hyung
    • Journal of the Korea Academia-Industrial cooperation Society
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    • v.14 no.3
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    • pp.1081-1089
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    • 2013
  • The purpose of this paper is to suggest the formation plan of green cluster for the enhancement of green industry competitiveness in Korea. For this reason, this paper has the analysis to find out regional competitiveness and effective factors in the green industry. The major findings are as follows. First, the renewable energy industry was competitive at Gyeonggi, Gyeongnam, Chungbuk, Chungnam, Ulsan, Jeonnam, and the carbon reduction industry was competitive at Ulsan, Gyeonggi, Gyeongbuk,, Chungnam, Seoul, Chungbuk, Inchon. Second, the most important factors of the renewable energy industry was factor condition, such as business, labor, research and development; while in the carbon reduction industry was sector of structure and rivalry, such as performance, policy and institution, market share, industry specialization. Third, it showed that the green industry was more competitive at the local area with the better industrial infrastructure. So, we need to focus on the green of existing industry-infrastructure, and the strategy of selection and concentration, for the enhancement of green industry competitiveness in Korea.