• Title/Summary/Keyword: slow inflation

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Radar Measurement of Slow Deformation in the Baekdusan Stratovolcano

  • Kim, Sang-Wan;Won , Joong-Sun
    • Korean Journal of Remote Sensing
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    • v.21 no.3
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    • pp.221-228
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    • 2005
  • Baekdusan is a Cenozoic stratovolcano in which a series of micro-seismic events and gaseous emissions have been reported in 1990s. Two-pass DInSAR technique was applied to determine displacement in the volcano by using 10 ERS SAR and 41 JERS-1 SAR datasets. Most interferometric phases out of 58 JERS-1 differential interferograms showed concentric fringe patterns that correlated with elevation. From an analysis of fringe-duration relation, the fringe patterns were found to be severely distorted specifically by stratified troposphere. To estimate the tropospheric delay, we used the data in the Sobaeksan located about 20 km away from the summit of Baekdusan. The maximum and mean magnitudes of the phase delay in the Baekdusan were respectively 13.8 cm and 3.8 cm over 1200 m in altitude. After removing tropospheric effects, a mean inflation rate was estimated to be about 3 mm per year from 1992 to 1998. Although the inflation rate of the volcano is inconclusive without ground truth data, the results indicate that there exists slow upward deformation in the Baekdusan volcano.

The Impact of Global Uncertainty Shocks on Macroeconomics: The Case of Vietnam

  • TRAN, Ha Hong;NGUYEN, Vinh Thi Hong;TRINH, Nam Hoang
    • The Journal of Asian Finance, Economics and Business
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    • v.9 no.9
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    • pp.263-269
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    • 2022
  • The global financial crisis of 2008-2009 and the COVID-19 pandemic that started in 2019 along with the slow and unstable recovery of the global economy have raised concerns about the impact of global uncertainty on the macroeconomics of the countries. The paper used the Structural Vector Autoregression (SVAR) model to examine the impact of global uncertainty shocks on Vietnam's economy from the period 2008-2022. We found that Vietnam's output dropped following the shock of global uncertainty, the peak was in the third month, and lasted for one year. Inflation in Vietnam had a rapid downturn in the first month, peaked in the seventh month, and took a long time to cease. When the economy experienced the shock of increased global uncertainty, Vietnam's policy interest rate was adjusted downward. Additionally, we included a long-term interest rate to consider the overall impact of monetary policy into account. A decreasing trend was also found with this rate. The global uncertainty shock effects acted as the aggregate demand shocks, reducing output and inflation as the uncertainty increases and vice versa, thus monetary policy can be used to regulate Vietnam's economy to deal with negative shocks without the trade-offs between output and inflation as aggregate supply shocks.

A Study on Slow Rolling tire for Prediction of the Tire Forces and Moments (회전하는 타이어의 접지면 동특성 예측에 관한 연구)

  • 김항우;황갑운;조규종
    • Computational Structural Engineering
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    • v.10 no.2
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    • pp.161-169
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    • 1997
  • It is known that tire plays an important role to the dynamic performances of a vehicle such as noise, vibration, ride and handling. Therefore, force and moment measurements have been a part of the traditional tire engineering process. In this paper, a computational analysis technique has been explored. A FE model is made to simulate inflation, vertical load due to the vehicle weight, and the slow rolling of a radial tire. A rigid surface with Coulomb friction is included in the model to simulate the slow rolling contact. The tire slip during the in-plane motion of the rigid surface is calculated. Results are presented for both lateral and vertical loads, as well as straight ahead free rolling. The calculated and measured tire slips are in good correlation. A Study on slow Rolling Tire for perdiction of tire Forces and Moments.

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Using a Refined SBAS Algorithm to Determine Surface Deformation in the Long Valley Caldera and Its Surroundings from 2003-2010

  • Lee, Won-Jin;Lu, Zhong;Jung, Hyung-Sup;Park, Sun-Cheon;Lee, Duk Kee
    • Korean Journal of Remote Sensing
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    • v.34 no.1
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    • pp.101-115
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    • 2018
  • The Long Valley area and its surroundings are part of a major volcano system where inflation occurred in the resurgent dome in the 1990s. We used ENVISAT data to monitor surface deformation of the Long Valley area and its surroundings after the inflation, from 2003-2010. To retrieve the time series of the deformation, we applied the refined Small BAseline Subset (SBAS) algorithm which is improved using an iterative approach to minimize unwrapping error. Moreover, ascending and descending data were used to decompose the horizontal and vertical deformation in detail. To confirm refined SBAS results, we used GPS dataset. The InSAR errors are estimated as ${\pm}1.0mm/yr$ and ${\pm}0.8mm/yr$ from ascending and descending tracks, respectively. Compare to the previous study of 1990s over the Long Valley and its surroundings, Paoha Island and CASA geothermal area still subside. The deformation pattern in the Long Valley area during the study period (2003-2010) went through both subsidence (2003-2007) and slow uplift(2007-2010) episodes. Our research also shows no deformation signal near McGee Creek. Our study provided a better understanding of the surface changes of the indicators in the 1990s and 2000s.

A Study on the Expansion of Secondary Battery Manufacturing Technology through the Scale of V4 and Energy Platform (V4와 에너지 플랫폼 규모화를 통한 2차 전지 제조 기술 확대 방안)

  • Seo, Dae-Sung
    • Journal of Industrial Convergence
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    • v.20 no.10
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    • pp.87-94
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    • 2022
  • This paper seeks to raise inflection points of battery manufacturing bases in Korea in the V4 region through the reorganization of new industrial technologies in accordance with ESG. As a result, the global supply chain market is cut off. The Russian-Ukraine war and the U.S.-China hegemony are competing in the economic crisis caused by COVID-19. It is showing diversification of new suppliers in an environment where mineral, grain procurement, gas, and even wheat imports from China and Russia are not possible. As a protective glocal, this area is used as a buffer zone(Pro-Russia, Hungary). to an isolated zone(anti-Russia, Poland) by war. In this paper, economic growth is expected to slow further due to the EU tapering period and high inflation in world countries. Due to these changes, the conversion of new tech industry and the contraction of Germany's structure due to energy supply may lose the driving force for economic growth over the past 20 years. This is caused by market disconnection(chasm) in the nominal indicators in this area. On the other hand, Korea should actively develop into the V4 area as an energy generation export (nuclear and electric hydrogen generation) area as a bypass development supply area due to the imbalance in the supply chain of rare earth materials that combines AI. By linking this industry, the energy platform can be scaled up and reliable supply technology (next generation BT, recycling technology) in diversification can be formed in countries around the world. This paper proves that in order to overcome the market chasm caused by the industries connection, new energy development and platform size can be achieved and reliable supply technology (next-generation battery and recycling technology, Low-cost LFP) can be diversified in each country.

The changes of economic though (The trial of supply-side economics) (경제사상의 변화 (공급측면 경제학의 시험))

  • 서홍석
    • Journal of Applied Tourism Food and Beverage Management and Research
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    • v.8
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    • pp.89-121
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    • 1997
  • Many of the measures and policies advocated by supply-siders, such as lower taxation, less government intervention, more freedom from restrictive legislation and regulation, and the need for increased productivity can be found in writing the classical economist. Nor is supply-side economics a complete divorcement from Keynesian analysis. In both camps the objectives are the same-high level employment, stable prices and healthy economic growth, the means or suggestions for attaining the objectives, however, differ. Consequently, recommended economic policies and measures are different. keynesians rely primarily on the manipulation of effective demand to increase output and employment and to combat inflation. They assume ample resources to be available in order that supply will respond to demand. The supply-siders emphasize the need to increase savings, investment, productivity and output as a means of increasing income. Supply-siders assume that the increase in income will lead to an increase in effective demand. Keynesians suggest that savings, particularly those not invested, dampen economic activity. Supply-siders hold that savings, or at least an increase in after-tax income, stimulates work effort and provides funds for investment. Perhaps keynesians are guilty of assuming that most savings are not going to be invested, whereas supply-siders may erroneously assume that almost all savings will flow into investment and/ or stimulate work effort. In reality, a middle ground is possible. The supply-siders stress the need to increase supply, but Keynes did not preclude the possibility of increasing economic activity by working through the supply side. According to Keynes' aggregate demand-aggregate supply framework, a decrease in supply will increase output and employment. It must be remembered, however, that Keynes' aggregate supply is really a price. Lowering the price or cost of supply would there by result in higher profit and/ or higher output. This coincides with the viewpoint of supply-siders who want to lower the cost of production via various means for the purpose of increasing supply. Then, too, some of the means, such as tax cuts, tax credits and accelerated depreciation, recommended by suply-siders to increase productivity and output would be favored by Keynesians also as a means of increasing investment, curbing costs, and increasing effective demand. In fact, these very measures were used in the early 1960s in the United State during the years when nagging unemployment was plaguing the economy. Keynesians disagree with the supply-siders' proposals to reduce transfer payments and slow down the process of income redistribution, except in full employment inflationary periods. Keynesians likewise disagree with tax measures that favored business as opposed to individuals and the notion of shifting the base of personal taxation away from income and toward spending. A frequent criticism levied at supply-side economics is that it lacks adequate models and thus far has not been quantified to any great extent. But, it should be remembered that Keynesian economics originally was lacking in models and based on a number of unproved assumptions, such as, the stability of the consumption function with its declining marginal propensity to consume. Just as the economic catastrophe of the great depression of the 1930s paved the way for the application of Keynesian or demand-side policies, perhaps the frustrating and restless conditions of the 1970s and 1980s is an open invitation for the application of supply-side policies. If so, the 1980s and 1990s may prove to be the testing era for the supply-side theories. By the end of 1990s we should have better supply-side models and know much more about the effectiveness of supply-side policies. By that time, also, supply-side thinking may be more crystallized and we will learn whether it is something temporary that will fade away, be widely accepted as the new economics replacing Keynesian demand analysis, or something to be continued but melded or fused with demand management.

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