• The Journal of Asian Finance, Economics and Business
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• v.8 no.2
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• pp.771-781
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• 2021

The purpose of this study is to identify major drivers of Myanmar's long-term economic growth and draw implications to implement development policies. This study investigated Myanmar, as the country is the most recently opened economy in Southeast Asia. This study conducted simulation analysis based on scenarios by applying World Bank's Long-Term Growth Model, Penn World Table 9.1, and World Development Indicator data. This study makes extensive use of LTGM and the LTGM-TFP extension to improve the validity of models for data calibration. This study confirms the validity of the model with data calibration and specifies scenarios for simulation analyses by setting the growth trajectory of Vietnam due to common geographical, political, and economic conditions. Main findings include that Myanmar's economic growth rate will continue to fall below 3% in 2040 without proper improvement of growth drivers. The results of this study also provide that total factor productivity growth and female labor participation are key factors for Myanmar's long-term economic growth. This study advises policymakers in Myanmar to strengthen human capital, which is crucial for total factor productivity growth in Myanmar's context and directly affects economic growth. Further, labor market policies to promote female labor participation is important to sustain economic growth.

• Journal of Korean Society of Industrial and Systems Engineering
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• v.44 no.4
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• pp.98-105
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• 2021

Using the frequency-based decomposition, I decompose the consumption growth to explain well-known patterns of stock returns in the Korean market. To be more specific, the consumption growth is decomposed by its half-life of shocks. The component over four years of half-life is called the business-cycle consumption component, and the components with half-lives under four years are short-run components. I compute the long-run and short-run components of stock excess returns as well and use component-by-component sensitivities to price stock portfolios. As a result, the business-cycle consumption risk with half-life of over four years is useful in explaining the cross-section of size-book-to-market portfolios and size-momentum portfolios in the Korean stock market. The short-run components have their own pricing abilities with mixed direction, so that the restricted one short-term factor model is rejected. The explanatory power with short- and long-run components is comparable to that of the Fama-French three-factor model. The components with one- to four-year half-lives are also helpful in explaining the returns. The results about the long-run components emphasize the importance of long-run component in consumption growth to explain the asset returns.

• Korean Journal of Exercise Nutrition
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• v.24 no.3
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• pp.19-24
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• 2020

[Purpose] Although physical activity is required to prevent or ameliorate osteoporosis, medicine prescription should precede it, since it may be limited in severe osteoporosis patients. Furthermore, osteoporosis has a great effect on physical activity disorders that accompany fractures and pain, and therefore, research on treatment or prevention to decrease the number of patients is required. The purpose of this study was to discover candidate substances from natural products with an effective pharmacological action and to prepare basic data to help patients. [Methods] To prepare the osteoporosis model, ovariectomy (OVX) was performed using surgical methods. The prepared prescription [Shinkiwhan (SKH), a Korean medicine] was administered orally at a dose of 210 mg/kg/day for 8 weeks. After completion of the animal experiment, the bone mineral density (BMD) was analyzed using double-energy X-ray absorptiometry. The analysis of the effect of drugs on bones was performed using histological analysis and immunostaining. [Results] SKH increased the BMD in the OVX rats. Furthermore, SKH significantly increased the expression of osteoprotegerin and downregulated receptor activator of nuclear factor kappa B ligand and phosphorylation of c-jun N-terminal kinases in the bones of the OVX model. [Conclusion] Our findings suggest a protective effect of SKH against BMD loss in the OVX model.

• Communications for Statistical Applications and Methods
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• v.29 no.5
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• pp.547-559
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• 2022

For a chi-squared test, which is a statistical method used to test the independence of a contingency table of two factors, the expected frequency of each cell must be greater than 5. The percentage of cells with an expected frequency below 5 must be less than 20% of all cells. However, there are many cases in which the regional expected frequency is below 5 in general small area studies. Even in large-scale surveys, it is difficult to forecast the expected frequency to be greater than 5 when there is small area estimation with subgroup analysis. Another statistical method to test independence is to use the Bayes factor, but since there is a high ratio of data dependency due to the nature of the Bayesian approach, the low expected frequency tends to decrease the precision of the test results. To overcome these limitations, we will borrow information from areas with similar characteristics and pool the data statistically to propose a pooled Bayes test of independence in target areas. Jo et al. (2021) suggested hierarchical Bayesian pooling models for small area estimation of categorical data, and we will introduce the pooled Bayes factors calculated by expanding their restricted pooling model. We applied the pooled Bayes factors using bone mineral density and body mass index data from the Third National Health and Nutrition Examination Survey conducted in the United States and compared them with chi-squared tests often used in tests of independence.

• Fashion & Textile Research Journal
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• v.24 no.4
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• pp.408-417
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• 2022

This study developed a structural model to examine the relationships among consumer traits, self-brand connections, and purchase intentions for local fashion brands under "Guochao" consumption in China. An online survey with a self-administered questionnaire was undertaken through Chinese SNS tools to collect the data. A total of 276 usable responses were obtained from Chinese consumers who are residents in China. More females(n=174, +63%) than males (n=102, 37%) participated, and they were aged from 18 to 45 years old. The measurement model was confirmed to be reliable and valid. In the estimated structural model, the consumer traits of ethnocentrism and cultural affinity positively affected the self-brand connection, leading to purchase intentions for the local fashion brands. Specifically, the ethnocentrism factor indirectly affected the purchase intentions by mediating the self-brand connection, while the cultural affinity factor had significant direct effects on purchase intentions. Thus, a partial mediating effect of self-brand connection was found in the relationship between the consumer traits(ethnocentrism and cultural affinity) and purchase intentions of local fashion brands in the cultural "Guochao" consumption context. This study provides insights into extending the cultural theory of ethnocentrism relevant to self-brand connections and discusses the managerial implications for developing strategic global branding in the Chinese fashion markets.

• International journal of advanced smart convergence
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• v.11 no.2
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• pp.171-184
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• 2022

The purpose of this paper is output oriented, in order to maximize the output level of sustainable development efficiency of foreign trade in western China with limited input. This paper adopts the relevant input-output indicators of sustainable foreign trade development of 11 provinces and cities in western China from 2016 to 2020, and uses DEA model to measure their technical efficiency, pure technical efficiency and scale efficiency. Malmquist index was used to calculate the total factor productivity change index of each province in western China from 2016 to 2020. We found that, on the whole, the average values of technical efficiency, pure technical efficiency and scale efficiency of provinces and cities in western China from 2016 to 2020 are greater than 0.8, indicating that the western region has high technical efficiency, relatively high management and institutional level and high existing scale level. Scale efficiency is lower than pure technical efficiency on the whole, indicating that the current sustainable development efficiency of foreign trade in western China is mainly limited by its scale level. The technological progress index is higher than the technological efficiency change index, indicating that the total factor productivity of the sustainable development of foreign trade in western China is mainly driven by technological progress and more influenced by external factors. We think the conclusion of this study can provide important reference information for the sustainable development of foreign trade of provinces and cities in western China.

• Steel and Composite Structures
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• v.45 no.1
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• pp.51-66
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• 2022

This paper presents the axial compression behavior of partially encased composite (PEC) columns using H-shaped structural steel. In the experimental program, a total of eight PEC columns with H-shaped steel sections of different flange and web slenderness ratios were tested to investigate the interactive mechanism between steel and concrete. The test results showed that the PEC columns could sustain the load well beyond the peak load provided that the flange slenderness ratio was not greater than five. In addition, the previous analytical model was extended to predict the axial load-strain relationships of the PEC columns with H-shaped steel sections. A good agreement between the predicted load-strain relationships and test data was observed. Using the analytical model, the effects of compressive strength of concrete (21 to 69 MPa), yield strength of steel (245 to 525 MPa), slenderness ratio of flange (4 to 10), and slenderness ratio of web (10 to 25) on the interactive mechanism (K_h = confinement factor for highly confined concrete and K_w = reduction factor for steel web) and ductility index (DI = ratio between strain at peak load and strain at proportional load) were assessed. The numerical results showed that the slenderness of steel flange and yield strength of steel significantly influenced the compression behavior of the PEC columns.

• Geomechanics and Engineering
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• v.31 no.4
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• pp.423-437
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• 2022

The objective of the study is to evaluate the feasibility of the dynamic behavior of slope through both 1 g shaking table test and numerical analysis. Accelerometers were installed in the slope model with different types of seismic waves. The numerical analysis (ABAQUS and DEEPSOIL) was used to simulate 1 g shaking table test at infinite boundary. Similar Acceleration-time history, Spectral acceleration (SA) and Spectral acceleration amplification factor (Fa) were obtained, which verified the feasibility of modeling using ABAQUS and DEEPSOIL under the same size. The influence of the size (1, 2, 5, 10 and 20 times larger than that used in the 1 g shaking table test) of the model used in the numerical analysis were extensively investigated. According to the similitude law, ABAQUS was used to analyze the dynamic behavior of large-scale slope model. The 5% Damping Spectral acceleration (SA) and Spectral acceleration amplification factor (Fa) at the same proportional positions were compared. Based on the comparison of numerical analyses and 1 g shaking table tests, it was found that the 1 g shaking table test result can be utilized to predict the dynamic behavior of the real scale slope through numerical analysis.

• International conference on construction engineering and project management
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• 2011.02a
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• pp.58-65
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• 2011

Construction Productivity is one of the most important elements in construction management. It is used in construction process scheduling and cost management, which are significant sector in construction management. It is important to make appropriate schedule and monitor how works are done within schedule. But construction project contains uncertainty and inexactitude, modifying construction schedule is being an issue to manage construction works well. Even though prediction and monitoring of productivity can be principal activity, it is hard to predict productivity with manager's experience and a standard of estimate. A large number of factors influencing productivity, such as drawing, construction method, weather, labor, material, equipment, etc. But current calculation of productivity depends on empirical probability, not consider difference of each influencing factor. In this research, the aim is to present a productivity predicting regression model of form work, which includes effectiveness of influences factors. 5 variables existed inside form work are selected by interview and site research based on literature review of existed various productivity influencing factors. The effectiveness and correlation of productivity influencing factors are analyzed by statistical approach, and it is used to make productivity regression model. The finding of this research will improves monitoring and controlling of project schedule in construction phase.

• Journal of the Korean Society for Aviation and Aeronautics
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• v.31 no.3
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• pp.1-9
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• 2023

The overall Air Force's serious accident rate is decreasing, but the trainer's accident rate is on the rise from 0.24% in '00~'09 to 0.77% in '01~'19. Base on the SHELL model recommended by the ICAO, the risk factors of the introductory flight training course were analyzed, implications were examined, and safety promotion measures were proposed. A survey of 25 questions was organized based on regulations, guidelines, and related data for each component of the SHELL model in accordance with the introductory course of Air Force flight training. The survey was divided into a student group and instructor group and compared and analyzed into L-L, L-S, L-H, and L-E based on the results after conducting it, and implications for this were derived. Compared to other analysis factors, L-L showed that the average of the instructor group was relatively higher that of the student group in all questions.