• Title/Summary/Keyword: root stock

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A study on the Linkage of Volatility in Stock Markets under Global Financial Crisis (글로벌 금융위기하에서 주식시장 변동성의 연관성에 대한 연구)

  • Lee, Kyung-Hee;Kim, Kyung-Soo
    • Management & Information Systems Review
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    • v.33 no.1
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    • pp.139-155
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    • 2014
  • This study is to examine the linkage of volatility between changes in the stock market of India and other countries through the integration of the world economy. The results were as follows: First, autocorrelation or serial correlation did not exist in the classic RS model, but long-term memory was present in the modified RS model. Second, unit root did not exist in the unit root test for all periods, and the series were a stable explanatory power and a long-term memory with the normal conditions in the ARFIMA model. Third, in the multivariate asymmetric BEKK and VAR model before the financial crisis, it showed that there was a strong influence of the own market of Taiwan and UK in the conditional mean equation, and a strong spillover effect from Japan to India, from Taiwan to China(Korea, US), from US(Japan) to UK in one direction. In the conditional variance equation, GARCH showed a strong spillover effect that indicated the same direction as the result of ARCH coefficient of the market itself. Asymmetric effects in three home markets and between markets existed. Fourth, after the financial crisis, in the conditional mean equation, only the domestic market in Taiwan showed strong influences, and strong spillover effects existed from India to US, from Taiwan to Japan, from Korea to Germany in one direction. In the conditional variance equation, strong spillover effects were the same as the result of the pre-crisis and asymmetric effect in the domestic market in UK was present, and one-way asymmetric effect existed in Germany from Taiwan. Therefore, the results of this study presented the linkage between the volatilities of the stock market of India and other countries through the integration of the world economy, observing and confirming the asymmetric reactions and return(volatility) spillover effects between the stock market of India and other countries.

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Density Effects on the Size of 2-1 Korean Pine and 1-1 Jack Pine Nursery Stock (잣나무 2-1 묘(苗)와 방크스소나무 1-1 묘(苗)의 생장(生長)에 미치는 밀도효과(密度効果))

  • Ma, Sang Kyu
    • Journal of Korean Society of Forest Science
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    • v.32 no.1
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    • pp.1-8
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    • 1976
  • One of the most common needle leaf species used in planting in Korea is korean pine (Pinus koraiensis S. et Z.), and jack pine (Pinus banksiana Lamb.) is one of the test species for suitability. The relation of nursery bed density of 2-1 korean pine and 1-1 jack pine was studied at the Kwang Nung Nursery, Central Branch Station of Forest Research Institute, and about 40km north of Seoul. Nursery bed density of 2-1 korean pine, which ranged from 36 to 324 trees per square meters and of 1-1 jack pine, which ranged from 25 to 169 trees per square meters, had a marked effect on caliper, height, dry weight and percent and amount of plantable stock. The soil physical and chemical properties is silt plus clay, 50.55 percent; organic matter, 2.09 percent; total nitrogen, 0.13 percent; available phosphorus, 253.25 ppm; exchangeable potash, 0.46 m.e/100g; and pH, 5.58. As the density of the nursery seedling stand of 2-1 korean pine increases, the average tree height increases (Fig. 1A), but in 1-1 jack pine density do not affect to increase or decrease the average tree height. As the density of nursery bed increases, the average stem caliper (at 2cm above ground line) and dry weight decrease (Fig. 1B), but the decreasing rate is more seriously in 1-1 jack pine than 2-1 korean pine (Fig.5). As increasing the density of nursery bed, the T/R ratio of trees of the test species increase. Also the dry weight of leaf, stem and root parts are decreasing in proportion to the increase of stand density, but the drop rate of jack pine is more rapid than korean pine (table. 1) The patent facts of difference of growth characteristics between 2-1 korean pine and 1-1 jack pine were studied. These facts should be used to select the scale of stand density at the nursery bed or the plantable site. Korean pine is demanded high density, on the other hand in jack pine low density are more suitable to manage the stand density. Stands of comparatively low density had the greatest percentage of high-quality stock, and the stands of high density had less than the high quality trees of low density. An important criterion of the best density is percent and number of high-quality trees produced per square meter of bed area. Stem caliper and stem height of seedling is used in most public nurseries to sort seedling into plantable grades. The stock grade standard has set at 4.5mm caliper and 16cm height of 2-1 korean pine as the minimum desired stem caliper and height. By the result studies, the plantable stock grade standards of 2-1 korean pine used at stem height 16cm and stem caliper 4.5mm from public nurseries should be reformed to stem height 18cm and stem caliper 4.0mm by the growth characteristics and the tree distribution of stem height and caliper of relation to density. For the 2-1 korean pine, best density should be about 160 to 200 trees per square meter according to soil fertility. For the 1-1 jack pine, the suitable standard of plantable stock should be at stem height 25cm and caliper 6mm (at 2cm above ground line) and best density was about 100 to 120 trees.

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Changes of Root Physiology of Tissue Cultured M.9 Apple Rootstock after Layering (기내 배양 사과 대목 M.9의 순화 후 휘묻이 번식 시 발근 관련 생리적 특성 변화)

  • Kwon Soon-Il;Kim Mok-Jong;Kang In-Kyu
    • Journal of Plant Biotechnology
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    • v.32 no.3
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    • pp.181-186
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    • 2005
  • This work was conducted to evaluate the effects of rooting on tissue cultured M.9 (Malus domestica Bork. cv, tcM.9) after layering in field. We investigated an appearance period of first root in shoot, rooting ratio, contents of indole-3-acetic acid (IAA), abscisic acid (ABA), inorganic matters, sugars, and lignin in rooting areas of stems by layering. First root in shoot of tcM.9 and natural M.9 appeared 25 and 30 days after layering (DAL), respectively. Rooting ratio was much higher in tcM.9 than in natural M.9. The content of IAA was higher in tcM.9 than in natural M.9 before layering, but it was reversed at 20 and 30 DAL. In contrast, the content of ABA was much higher in natural M.9 than in tcM.9 in case of both before and 10 and 20 DAL. The contents of N, B, Mn, and Zn were significantly higher in tcM.9 than in natural M.9 both before and 10 and 20 DAL. The contents of sugars in tcM.9 had the similar pattern of the contents of inorganic materials. There were statistically significant differences in the contents of sucrose and glucose at 30 DAL as well as the content of maltose at 20 and 30 DAL. The content of lignin was significantly higher in tcM.9 than in natural M.9 before layering and 10 and 30 DAL while there was no difference 20 DAL. Therefore, improvement of rooting ability in the tissue cultured root stock M.9 might be due to the changes of inorganic matters or lignin rather than that of sugars and hormones.

Woody Plant Species Composition, Population Structure and Carbon Sequestration Potential of the A. senegal (L.) Willd Woodland Along a Distance Gradient in North-Western Tigray, Ethiopia

  • Birhane, Emiru;Gebreslassie, Hafte;Giday, Kidane;Teweldebirhan, Sarah;Hadgu, Kiros Meles
    • Journal of Forest and Environmental Science
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    • v.36 no.2
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    • pp.91-112
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    • 2020
  • In Ethiopia, dry land vegetation including the fairly intact lowland and western escarpment woodlands occupy the largest vegetation resource of the country. These forests play a central role in environmental regulation and socio-economic assets, yet they received less scientific attention than the moist forests. This study evaluated the woody plant species composition, population structure and carbon sequestration potential of the A. senegal woodland across three distance gradients from the settlements. A total of 45 sample quadrants were laid along a systematically established nine parallel transect lines to collect vegetation and soil data across distance gradients from settlement. Mature tree dry biomass with DBH>2.5 cm was estimated using allometric equations. A total of 41 woody plant species that belong to 20 families were recorded and A. senegal was the dominant species with 56.4 IVI value. Woody plant species diversity, density and richness were significantly higher in the distant plots compared to the nearest plots to settlement (p<0.05). The cumulative DBH class distribution of all individuals had showed an interrupted inverted J-shape population pattern. There were 19 species without seedlings, 15 species without saplings and 14 species without both seedlings and saplings. A significant above ground carbon (5.3 to 12.7 ton ha-1), root carbon (1.6 to 3.6 ton ha-1), soil organic carbon (35.6 to 44.5 ton ha-1), total carbon stock (42.5 to 60.7 ton ha-1) and total carbon dioxide equivalent (157.7 to 222.8 ton ha-1) was observed consistently with an increasing of distance from settlement (p<0.05). Distance from settlement had significant and positive correlation with species diversity and carbon stock at 0.64⁎⁎ and 0.78⁎⁎. Disturbance intensity may directly influence the variation of species composition, richness and density along the A. senegal woodland. The sustainability of the A. senegal woodland needs urgent protection, conservation and restoration.

Effects of Reciprocal Grafting between Varieties on Growth and Yield in Soybeans (콩 품종간의 상호접목이 생육과 수량에 미치는 영향)

  • 정승근;손석용;허성수
    • KOREAN JOURNAL OF CROP SCIENCE
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    • v.37 no.4
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    • pp.339-346
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    • 1992
  • Self-and reciprocal-graftings were made between soybean varieties(cv.Hwangkeumkong, Paldalkong, Bokwangkong and Jangkyongkong) to assertain the relative role of shoot and root in soybean growth and yield determination. The influence of grafting per se on plant height and leaf number on main stem were negligible as evidenced by the insignificant differences between self-and reciprocal-graftings. The effect of grafting on flowering was different between different set of varieties grafted reciprocally. Self grafting delayed flowering 2 days and reciprocal grafting delayed another 2 days, in general. The effects of grafting on dry weights of different plant parts except pod were also insignificant. Reciprocal grafting increased pod dry weight in Hwangkeumkong and Paldalkong regardless whether they were used as scion or stock. Reciporcal grafting also influenced dry weights of Bokwangkong and Jangkyongkong significantly, but the response was different from those of Hwangkeumkong or Paldalkong. Jangkyongkong, when used as stock, decreased total dry weight of Bokwangkong significantly through the reduction of pod and stem dry weights. Stem diameter was increased by grafting, however, grafting decreased number of branches in all varieties. The average yields of self-and reciprocal-grafting were decreased by 11% and 24%, respectively, comparing to that of non-grafting, while average yield of reciprocal grafting was 14% lower than that of self grafting. Stem weight of grafted soybeans was decreased by 29-32% comparing to that of non-grafted soybeans, but the difference between self and reciprocal graftings was negligible. The genetic characteristics of scion was found to be more important than those of stock in determination of yield and stem weight. It was also indicated that varieties and characteristics are different in response to grafting.

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Comparison of models for estimating surplus productions and methods for estimating their parameters (잉여생산량을 추정하는 모델과 파라미터 추정방법의 비교)

  • Kwon, Youjung;Zhang, Chang Ik;Pyo, Hee Dong;Seo, Young Il
    • Journal of the Korean Society of Fisheries and Ocean Technology
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    • v.49 no.1
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    • pp.18-28
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    • 2013
  • It was compared the estimated parameters by the surplus production from three different models, i.e., three types (Schaefer, Gulland, and Schnute) of the traditional surplus production models, a stock production model incorporating covariates (ASPIC) model and a maximum entropy (ME) model. We also evaluated the performance of models in the estimation of their parameters. The maximum sustainable yield (MSY) of small yellow croaker (Pseudosciaena polyactis) in Korean waters ranged from 35,061 metric tons (mt) by Gulland model to 44,844mt by ME model, and fishing effort at MSY ($f_{MSY}$) ranged from 262,188hauls by Schnute model to 355,200hauls by ME model. The lowest root mean square error (RMSE) for small yellow croaker was obtained from the Gulland surplus production model, while the highest RMSE was from Schnute model. However, the highest coefficient of determination ($R^2$) was from the ME model, but the ASPIC model yielded the lowest coefficient. On the other hand, the MSY of Kapenta (Limnothrissa miodon) ranged from 16,880 mt by ASPIC model to 25,373mt by ME model, and $f_{MSY}$, from 94,580hauls by ASPIC model to 225,490hauls by Schnute model. In this case, both the lowest root mean square error (RMSE) and the highest coefficient of determination ($R^2$) were obtained from the ME model, which showed relatively better fits of data to the model, indicating that the ME model is statistically more stable and robust than other models. Moreover, the ME model could provide additional ecologically useful parameters such as, biomass at MSY ($B_{MSY}$), carrying capacity of the population (K), catchability coefficient (q) and the intrinsic rate of population growth (r).

KOSPI index prediction using topic modeling and LSTM

  • Jin-Hyeon Joo;Geun-Duk Park
    • Journal of the Korea Society of Computer and Information
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    • v.29 no.7
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    • pp.73-80
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    • 2024
  • In this paper, we proposes a method to improve the accuracy of predicting the Korea Composite Stock Price Index (KOSPI) by combining topic modeling and Long Short-Term Memory (LSTM) neural networks. In this paper, we use the Latent Dirichlet Allocation (LDA) technique to extract ten major topics related to interest rate increases and decreases from financial news data. The extracted topics, along with historical KOSPI index data, are input into an LSTM model to predict the KOSPI index. The proposed model has the characteristic of predicting the KOSPI index by combining the time series prediction method by inputting the historical KOSPI index into the LSTM model and the topic modeling method by inputting news data. To verify the performance of the proposed model, this paper designs four models (LSTM_K model, LSTM_KNS model, LDA_K model, LDA_KNS model) based on the types of input data for the LSTM and presents the predictive performance of each model. The comparison of prediction performance results shows that the LSTM model (LDA_K model), which uses financial news topic data and historical KOSPI index data as inputs, recorded the lowest RMSE (Root Mean Square Error), demonstrating the best predictive performance.

Source and Sink Relationship in Diallell Grafting among Sweet potato Cultivars (고구마 품종 간 이면접목에 의한 생산능력과 저장능력)

  • 남상영;정승근;김인재;김민자;이철희;김태수
    • Korean Journal of Plant Resources
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    • v.14 no.2
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    • pp.89-93
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    • 2001
  • To obtain the basic information for varietal improvement and cultural practice, source and sink relationship in the diallel grafting was analyzed among five sweet potato cultivars, Yulmi, Shinyulmi, Gunmi, Hongmi and Seonmi, whose source and sink capacities are different one another. General grafting effect(GGE), specific grafting effect(SGE) and reciprocal grafting effect(RGE) of top weight, tuberous root weight and total weight showed considerable differences. Grafting decreased total dry weight but its effect was different among grafting combinations. Growth and dry matter production of top were affected more by scion, while those of underground were influenced more by stock. Shinyulmi which has great potential source and sink capacities resulted the highest total dry weight, while Hongmi and Yulmi which have low potential source capacity resulted the lowest total dry weight.

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The Quality Evaluation of Korean Traditional Hanji by Different Sheet-making Processes

  • Kim Hyoung Jin;Jo Byoung Muk;Lee Yong Moo
    • Journal of Korea Technical Association of The Pulp and Paper Industry
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    • v.36 no.5 s.108
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    • pp.44-52
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    • 2004
  • It is well known that Korean traditional Hanji have lots of predominant physical and optical properties such as high density, high air permeability, long lasting quality and lightness. The paper-making raw materials of traditional Korean Hanji are the bast fibre cooked from the Korean paper mulberry as a fibrous materials and sticky aqueous material from the root of Hibiscus anihot L. as additives for good dispersion of stock. Additionally, the mechanical properties of Hanji varies according to the cooking methods of bast tissues of Korean paper mulberry, the treatment methods of fibrous raw materials such as bleaching and refining, the wet formation types of sheet-making such as 'Oebal-chiji' and 'Ssangbal-choji', and the finishing treatment like stamping. This study was carried out to investigate and evaluate the quality properties of Korean traditional hand-made Hanji, and compared with commercial machine-made paper and modified prepared sheets. The physical quality comparisons of different kinds of Hanji were focused on the methods of hand-sheet making, the types of raw materials, the treatment of stamping, and the properties of ink reception and spreading.

Micropropagation via Axillary Bud Induction of Eucalyptus pellita (액아유도에 의한 Eucalyptus pellita의 기내번식)

  • Moon, Heung-Kyu;Kim, Ji-Ah;Lee, Hyun-Shin;Kang, Ho-Duck
    • Journal of Plant Biotechnology
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    • v.30 no.3
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    • pp.269-273
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    • 2003
  • In order to develop an efficient micropropagation protocal for Eucalyptus pellita, on in vitro culture system has been was established by inducing axillary buds from greenhouse stock materials. Among 6different media tested, DKW medium was the best ot induce bast induce both shoot proliferation and growth. Average number of proliferated shoots of 403per explant was obtained at the concentration of 0.1mg/LBA. Most of the stem materials excreted phenolic compounds at the proximal part of the explant and caused darking of the media. Therefore, it was necessary to transfer frequently to a fresh medium and/or to add activated charcoal at the concentration of 0.02%(w/v). Generally on vitro roots were formed easily on 1/2DKW medium with NAA treatment. All the explants rooted at the medium containing 0.2mg/L NAA and displayed vigorous root growth in vitro culture conditions. After transferred to an artificial soil mixture (peatmoss: vermiculrite: perlite, 1:1:1, v/v/v) in the greenhouse, most rooted plantlets survived well without any morphological abnormalities. The results show that the species can be micropropagated effectively by the application of axillary bud culture system.