• Title/Summary/Keyword: multilevel analysis

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Government Financial Support and Firm Performance: A Multilevel Analysis of the Moderating Effects of Firm and Cluster Characteristics (정부 자금지원과 기업 경영성과: 기업 및 클러스터 특성의 조절효과에 관한 다수준 분석)

  • Hee Jae Kim;Myung-Ho Chung
    • Journal of Industrial Convergence
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    • v.22 no.1
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    • pp.1-20
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    • 2024
  • Regarding the discourse on the correlation between governmental financial support and firm performance, much emphasis has been placed on the role of individual corporate characteristics as well as spatial features. However, there is a notable scarcity of empirical research examining the integrated impact of corporate and cluster characteristics on managerial performance. This study addresses this gap by empirically analyzing the financial and non-financial outcomes resulting from specific allocations of governmental financial support. Additionally, it explores corporate and cluster characteristics predicted to moderate the influence between governmental financial support and firm performance. The analysis employs a two-level hierarchical linear model (HLM) at individual and group levels. The data, reorganized based on business registration numbers at the firm and cluster levels, ultimately utilized panel data from 83,395 firms and 641 clusters. The research findings indicate that governmental financial support demonstrates a positive effect (+) on both sales and patents for firms, suggesting its effectiveness in complementing market failures. Results from the hierarchical linear model analysis show that when combined with human capital capacity, absorptive capacity, and cluster network density, governmental financial support exhibits significant positive effects on sales. This study contributes theoretical and practical insights by analyzing the relationship between governmental financial support and firm performance using a two-level hierarchical linear model. It highlights the role of corporate characteristics such as human capital and absorptive capacity, along with cluster characteristics like cluster network density, in moderating the effects of governmental financial support on firm performance.

The Impact of Earthquake on Apartment Price - Focused on Gyeongju Earthquake Case in South Korea - (지진 발생이 아파트 가격에 미치는 영향 - 2016년 9월 12일 경주 지진 사례를 중심으로 -)

  • Yeom, Jae-Weon;Jung, Ju-Chul
    • Journal of Korea Planning Association
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    • v.54 no.1
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    • pp.148-158
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    • 2019
  • The purpose of this study is to analyze the impact of earthquake on apartment prices. Many studies have been done analyzing the relationship between natural hazards and residential property prices. Most studies have shown that natural hazards have an negative effect on residential property prices, but some studies have shown that natural hazards have an positive effect on residential property prices. These conflicting analysis result from the lack of considering natural hazard frequency at the analysis site. According to literature reviews risk avoidance tendency are already inherent in prices, thus distorting the relationship between natural hazards and prices. That is, in order to analyze the impact of natural hazards on residential property prices, analysis must be carried out in areas where there has not suffered natural hazard for a long time or where there has been no damage before. Nevertheless, previous studies analyzed areas frequently affected by natural hazards. Gyeongju has been recognized as a safe area from earthquake in the past, an 5.8 magnitude earthquake occurred in September 2016. Analysis results focusing on Gyeongju Earthquake case has shown that the earthquake has affected decrease of apartment prices in hazardous areas, and after earthquake apartment prices have risen over time.

Neutral-Point Voltage Balancing Method for Three-Level Inverter Systems with a Time-Offset Estimation Scheme

  • Choi, Ui-Min;Lee, Kyo-Beum
    • Journal of Power Electronics
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    • v.13 no.2
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    • pp.243-249
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    • 2013
  • This paper presents a neutral-point voltage balancing method for three-level inverter systems using a time-offset estimation scheme. The neutral-point voltage is balanced by adding a time-offset to the turn-on time of the switches. If an inaccurate time-offset is added, the neutral-point deviation still remains. An accurate time-offset is obtained through the proposed time-offset estimation scheme. This method is implemented without additional hardware, complex calculations, or analysis. The effectiveness of the proposed method is verified by experiments.

Five-Level PWM Inverter Using Series and Parallel Alternative Connection of Batteries

  • Park, Jin-Soo;Kang, Feel-soon
    • Journal of Electrical Engineering and Technology
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    • v.12 no.2
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    • pp.701-710
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    • 2017
  • This paper presents a five-level PWM inverter using series and parallel connection of voltage sources. The alternative connection is done by an auxiliary circuit consisted of a switch, three diodes, and two batteries. The auxiliary circuit is located between input dc voltage source and H-bridge cell. Thanks to the auxiliary circuit, the proposed inverter synthesizes five-level output voltage in an effective way. Topologically both batteries are charged and discharged in the same rate, so it does not need to apply battery voltage balancing control method. Theoretical analysis of the proposed inverter is verified by computer-aided simulation and experiment based on a prototype of 1kW.

Analysis of Effect of Capacitor Voltage Fluctuation Suppression Controller on Natural Arm Capacitor Voltage Balancing of a Direct Modulated MMC (직접 변조 방식 MMC의 전압 맥동 제어기가 암 캐패시터 전압 자연 밸런싱에 미치는 영향 분석)

  • Jung, Jae-Jung;Sul, Seung-Ki
    • Proceedings of the KIPE Conference
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    • 2016.07a
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    • pp.385-386
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    • 2016
  • 직접 변조 방식(direct modulation)을 사용한 Modular Multilevel Converter(MMC)의 6개의 암 캐패시터 전압의 자연균형화(Natural Balancing) 현상은 여러 연구 및 실험에서 관측되고 있다. 또한, 이러한 현상의 원리뿐만 아니라, 시스템 파라미터와 밸런싱 동특성사이의 관계가 수학적인 분석을 통하여 검증되었다. 직접 변조 방식은 간접 변조 방식(indirect modulation)과 달리, 입/출력 AC 및 DC 측 제어기 외에 암 캐패시터 전압 밸런싱을 위한 순환전류 제어기가 존재하지 않지만, 캐패시터 맥동 저감을 위해 일반적으로 캐패시터 2 고조파 맥동 제어기를 필요로 한다. 본 논문에서는 이러한 직접 변조방식을 사용한 MMC의 2고조파 전압 맥동 제어기가 암 캐패시터 전압 자연 밸런싱에 미치는 영향을 고찰하고 분석한다. 또한, 2 고조파 전압 맥동 제어기의 유무에 따른 전압 자연 밸런싱의 동특성에 대한 비교를 400MW MMC full-scale 시뮬레이션을 통해 살펴보도록 한다.

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Epidemiology and Social Epidemiology (역학과 사회역학)

  • Song, Yun-Mi
    • Journal of Preventive Medicine and Public Health
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    • v.38 no.3
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    • pp.237-240
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    • 2005
  • Social epidemiology is a sub-discipline of epidemiology explicitly investigating social determinants of population distributions of health, disease, and well-being. Persistent pattern of social inequalities in health in spite of the broad improvement in the physical environment over the last centuries necessitated the development of this field as an approach to understand disease etiology that incorporates social experiences as more direct determinant of health. Social epidemiology incorporates theories, measurement tools, and techniques from a wide variety of other social sciences. A population perspective, the social context of behavior, contextual multilevel analysis, a developmental and life-course perspective, and general susceptibility to disease are the most important guiding concepts in social epidemiology.

Modeling of Static Var Compensator with Hybrid Cascade 5-level PWM Inverter Using Circuit DQ Transformation (회로 DQ 변환을 이용한 하이브리드 Cascade 5-레벨 PWM 인버터를 포함하는 무효전력보상기의 모델링)

  • 최남섭
    • Journal of the Korea Institute of Information and Communication Engineering
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    • v.6 no.3
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    • pp.421-426
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    • 2002
  • Hybrid cascade multilevel PWM inverter has advantages of hybrid structure which enhances the better utilization of power semiconductor switches, that is, both hi호 power-low frequency switch, GTO and low power-high frequency switch, IGBT can be used in the same circuit. In this paper, a static var compensator using hybrid cascade 5-level PWM inverter is presented for high voltage/high power applications. The proposed system is modelled by circuit DQ transformation, and thus an equivalent circuit is obtained which reveals the important characteristics of the system and lead to the related equations. Finally, circuit structure and characteristics is presented and the validity of the characteristics analysis is shown through PSIM simulation.

An Improvement of Voltage Disturbances for Fuel Cell Systems (연료 전지 시스템의 전압왜란 개선)

  • Moon Hyun-Wook;Jeong Eun-Jin;Kim Yoon-Ho
    • The Transactions of the Korean Institute of Electrical Engineers B
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    • v.54 no.5
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    • pp.245-252
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    • 2005
  • The fuel cell systems are one of very useful energy sources. The systems have advantages as renewable and environmental sources. To obtain AC components from fuel cells, it needs inverters. A multilevel converter is used as a power conversion system for a high power fuel cell system. Through harmonic analysis, it is shown that the harmonic components and THD increase while a fundamental component of output decreases as voltage droop increases. To solve the voltage disturbance problems, three different approaches are investigated in this paper; installation of a boost converter at the fuel cell output, control of pulse widths, and use of ultracapacitors. The proposed three approaches are analyzed and compared through simulation and experimental results.

Study on the Fluid Film Thickness and Pressure of Elliptical Elastohydrodynamic Lubrication with Spin Effect for the Power Transmitting Contact in the Continuously Variable Transmission (무단 변속기의 동력전달 접촉에서 회전운동을 고려한 타원형상의 점접촉 탄성유체윤활연구)

  • Jang, Si-Youl
    • Tribology and Lubricants
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    • v.21 no.6
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    • pp.272-277
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    • 2005
  • Continuously variable transmission (CVT) of toroidal type has a elliptical shape of contact zone under the elastohydrodynamic lubrication (EHL) condition, where the power is transmitted only by shearing the lubricant. Due to the small contact area of elliptical shape, the traction of the shear behaviors of lubricant over the contact zone is under extremely high contact pressure over 1.0GPa. During the power transmission by shearing the fluid, many kinds of mechanical movements occur such as squeezing, sliding, rolling and spin. Among the movements, the spin effect that is the most undesirable contact behavior in transmitting the power frequently makes significant abnormal wear damage. In this work, the analysis of elliptical contact of EHL with spin effect is performed, which will give very useful information to understand the traction behaviors in toroidal type of CVT system.

Analysis of Carrier PWM Algorithms For Three Phase Four Wire Multi-level Inverter

  • Nho Nguyen Van;Youn Myung Joong
    • Proceedings of the KIPE Conference
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    • 2004.07b
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    • pp.635-639
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    • 2004
  • This paper presents a simple PWM method to control three phase four leg multilevel inverters, which have been developed for supplying electrical power to three phase unbalanced load and for related power active filters. The method is derived from a general correlation between space vector PWM (SVPWM) method and carrier based PWM (CPWM) method. As an advantage, the simplicity and flexibility of the proposed CPWM control can be obtained and the complicated calculations of the 3-D SVPWM concepts can be avoided. The method has been mathematical formulated and demonstrated by simulation results.

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