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Relationship Between Stock Price Indices of Abu Dhabi, Jordan, and USA - Evidence from the Panel Threshold Regression Model

  • Ho, Liang-Chun
    • The Journal of Industrial Distribution & Business
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    • v.4 no.2
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    • pp.13-19
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    • 2013
  • Purpose - The paper tested the relationship between the stock markets of the Middle East and the USA with the oil price and US dollar index as threshold variables. Research design, data, and methodology - The stock price indices of the USA, the Middle East (Abu Dhabi, Jordan), WTI spot crude oil price, and US dollar index were daily returns in the research period from May 21, 2001 to August 9, 2012. Following Hansen (1999), the panel threshold regression model was used. Results - With the US dollar index as the threshold variable, a negative relationship existed between the stock price indices of Jordan and the USA but no significant result was found between the stock price indices of Abu Dhabi and the USA. Conclusions - The USA is an economic power today:even if it has a closer relationship with the US stock market, the dynamic US economy can learn about subsequent developments and plan in advance. Conversely, if it has an estranged relationship with the US stock market, thinking in a different direction and different investment strategies will achieve good results.

Effect of Addition of Mung Bean Starch and Sugar on the Textural and Sensory Properties of Dopyun (녹두전분과 설탕의 함량을 달리한 도편(桃片)의 품질특성과 기호도)

  • 박금순;박찬성;박어진
    • Journal of the Korean Society of Food Science and Nutrition
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    • v.27 no.5
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    • pp.897-902
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    • 1998
  • This study was conducted to develop the standard recipe of Dopyun according to the various content of mung bean starch and sugar. The effects of mung bean starch(10%, 15%, 20%) and sugar(20%, 30%) were evaluated on textural and sensory properties of Dopyun through the mechanical properties using texture analizer and sensory evaluation. Color was tested by color and color difference meter. For sensory evaluation, higher content of sugar and lower content of mung been starch(sugar 30%, mungbean starch 10%) showed advantages in acceptance fo taste and overall quality. Mechanical properties of hardness, cohesiveness and chewiness of Dopyun were increased significantly in Dopyun with higher content of mung bean starch and sugar. The values of Hunter color system indicated that "L" and "b" values tended to decrease and "a" value increase, as the mung bean starch and sugar proportion increased. In the analysis of correlation between sensory evaluation and acceptance test, it was found that they were highly related. In view of the above results, it came to the conclusion that Dopyun with the addition of 30% sugar and 10% mung bean starch could give the best result among the groups studied.sult among the groups studied.

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Optimization for Pigment Production and Antioxidative Activity of the Products by Bacillus subtilis DC-2 (Bacillus subtilis DC-2의 색소 생성 및 그 생성물에 대한 항산화성의 최적화)

  • 정영건;최웅규;지원대;정현채;최동환
    • Journal of the Korean Society of Food Science and Nutrition
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    • v.26 no.6
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    • pp.1039-1043
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    • 1997
  • Correlation among color intensity, electron donating ability to $\alpha$, $\alpha$-diphenyl-$\beta$-dicrylhydrazy(DPPH) and cultivation conditions by Bacillus subtilis DC-2 were tested with response surface methodology. Both of pigment generation ability and DPPH were more affected by temperature than any other factor. The highest correlation was appeared between color intensity and DPPH as 0.8364 which is significant at 1% level. After fixing cultivation time which is not significant at 10% level to 84hrs as optical cultivation time, response surface methodology was conducted in regarding temperature and color intensity. As a result of overlapped contour map of color intensity and DPPH, when cultivation temperature was in the range of 38.9~41.1$^{\circ}C$ and pH was in the range of 8.34~9.12, optical density of color intensity was predicted higher than 0.374 at 390nm and DPPH was infered higher than 1.310 at 528nm. In the range of optical culture condition, cultivation temperature, pH and cultivation time was fixed to 4$0^{\circ}C$, 8.5 and 85hrs, respectively. In resulting, observation value of color intensity and DPPH was in the range of anticipation value as 0.386 at 390nm and 1.332 at 528nm respectively.

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Dynamic Training Algorithm for Hand Gesture Recognition System (손동작 인식 시스템을 위한 동적 학습 알고리즘)

  • Bae, Cheol-Soo
    • Journal of the Korea Institute of Information and Communication Engineering
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    • v.11 no.7
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    • pp.1348-1353
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    • 2007
  • We developed an augmented new reality tool for vision-based hand gesture recognition in a camera-projector system. Our recognition method uses modified Fourier descriptors for the classification of static hand gestures. Hand segmentation is based on a background subtraction method, which is improved to handle background changes. Most of the recognition methods are trained and tested by the same service-person, and training phase occurs only preceding the interaction. However, there are numerous situations when several untrained users would like to use gestures for the interaction. In our new practical approach the correction of faulty detected gestures is done during the recognition itself. Our main result is the quick on-line adaptation to the gestures of a new user to achieve user-independent gesture recognition.

Application of Subirrigation Using Capillary Wick System to Pot Production

  • Lee, Chi-Won;So, In-Sup;Jeong, Sung-Woo;Huh, Moo-Ryong
    • Journal of agriculture & life science
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    • v.44 no.3
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    • pp.7-14
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    • 2010
  • Alternative subirrigation way, capillary wick system (CWS) was tested to reduce labor cost, waste water, contamination of ground water, and use of fungicide compared to overhead irrigation system (OIS). CWS helped reduce remarkably the working hours for watering from 4 hours in OSI to just 5 minutes. Labor cost was saved 98% in CWS compared to OIS. By the physical characteristics of various growing media, 1 coconut coir+2 perlite (v/v) mixture was selected because it had an ideal distribution of three phase, e.g. 1 solid: 1 liquid: 2 gas phase. Medium mixture containing scoria had so high bulk and particle density to hurt root. In bark-containing medium, the liquid phase and the percent saturation of liquid phase with time elapsed was lower than that of other mixture. It meant that the mixture contained very low level of water. Application of CWS for cyclamen pot production played an important role in reducing the incident of fusarium wilt symptom from 18% in conventional over watering system to 4%. Cyclamen pot irrigated by capillary wick had shorter petiole and more leaves than those by overhead watering. As a result, this system was highly beneficial to get uniform pot products with high quality. It improved water and nutrient solution efficiency relative to conventional overhead irrigation system (OIS).

Physical Wounding for the Enhancement of Agrobacterium-Mediated Transformation of Flammulina velutipes Mycelium (물리적 상해를 통한 Agrobacterium 이용 팽이균사체의 형질전환효율 증대)

  • Duong, Van Thanh;Shin, Dong-Il;Park, Hee-Sung
    • Journal of agriculture & life science
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    • v.44 no.6
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    • pp.141-146
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    • 2010
  • In this study, Agrobacterium-mediated transformation was tested to the mycelium culture of Flamulina velutipes which is very popular as an edible mushroom in Korea. Particularly, aluminum oxide particles were used to generate wounds in F. velutipes mycelia via vigorous shaking prior to agro-infiltration. The result showed that transformants resistant to hygromycin could be obtained only from the mycelia with physical wounds. Gene transfer was verified by genomic DNA PCR. This study suggested a convenient tool to improve Agrobacterium-mediated transformation of F. velutipes.

A Semi-automated Method to Extract 3D Building Structure

  • Javzandulam, Tsend-Ayush;Kim, Tae-Jung;Kim, Kyung-Ok
    • Korean Journal of Remote Sensing
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    • v.23 no.3
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    • pp.211-219
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    • 2007
  • Building extraction is one of the essential issues for 3D city modelling. In recent years, high-resolution satellite imagery has become widely available and it brings new methodology for urban mapping. In this paper, we have developed a semi-automatic algorithm to determine building heights from monoscopic high-resolution satellite data. The algorithm is based on the analysis of the projected shadow and actual shadow of a building. Once two roof comer points are measured manually, the algorithm detects (rectangular) roof boundary automatically. Then it estimates a building height automatically by projecting building shadow onto the image for a given building height, counting overlapping pixels between the projected shadow and actual shadow, and finding the height that maximizes the number of overlapping pixels. Once the height and roof boundary are available, the footprint and a 3D wireframe model of a building can be determined. The proposed algorithm is tested with IKONOS images over Deajeon city and the result is compared with the building height determined by stereo analysis. The accuracy of building height extraction is examined using standard error of estimate.

Seismic performance of steel plate shear walls with variable column flexural stiffness

  • Curkovic, Ivan;Skejic, Davor;Dzeba, Ivica
    • Steel and Composite Structures
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    • v.33 no.1
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    • pp.1-18
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    • 2019
  • In the present study, the behavior of steel plate shear walls (SPSW) with variable column flexural stiffness is experimentally and numerically investigated. Altogether six one-bay one-story specimens, three moment resisting frames (MRFs) and three SPSWs, were designed, fabricated and tested. Column flexural stiffness of the first specimen pair (one MRF and one SPSW) corresponded to the value required by the design codes, while for the second and third pair it was reduced by 18% and 36%, respectively. The quasi-static cyclic test result indicate that SPSW with reduced column flexural stiffness have satisfactory performance up to 4% story drift ratio, allow development of the tension field over the entire infill panel, and cause negligible column "pull-in" deformation which indicates that prescribed minimal column flexural stiffness value, according to AISC 341-10, might be conservative. In addition, finite element (FE) pushover simulations using shell elements were developed. Such FE models can predict SPSW cyclic behavior reasonably well and can be used to conduct numerical parametric analyses. It should be mentioned that these FE models were not able to reproduce column "pull-in" deformation indicating the need for further development of FE simulations with cyclic load introduction which will be part of another paper.

Performance Analysis of a Pulse Separation Device for a F-type Multi-Pulse Rocket Motor (F형 다중펄스 로켓모타 적용 펄스분리장치 특성 분석)

  • Lee, Dong-Won;Lee, Won-Bok;Kim, In-Sik;Lee, Bang-Eop
    • Proceedings of the Korean Society of Propulsion Engineers Conference
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    • 2012.05a
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    • pp.24-27
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    • 2012
  • In this study, the full scale flight type Dual-Pulse Rocket Motor(DPRM) with the bulkhead type Pulse Separation Device(PSD) was designed, manufactured, and fire-tested. The bursting time and pressure of PSD were analyzed by the pressure, thrust and vibration results of static fire tests and ablation of PSD was measured with 3-D coordinate measuring machine. As a result, PSD requirements, bursting conditions and thermal safety, were satisfied.

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Bursting Performance Analysis of a Pulse Separation Device for a Rocket Motor (추진기관 적용 펄스분리장치의 파열특성 분석)

  • Lee, Dong-Won;Lee, Won-Bok;Kim, In-Sik;Kim, Won-Hoon
    • Proceedings of the Korean Society of Propulsion Engineers Conference
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    • 2011.04a
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    • pp.245-248
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    • 2011
  • A multi pulse rocket motor(MPRM) has several advantages compared to the single one. The range and the terminal velocity of the guided missile can be remarkably increased by the application of the pulse separation device(PSD) to the solid rocket motor which resulted in appropriate thrust distribution. In this study, the full scale heavy type dual pulse rocket motor with the bulkhead type PSD was designed, manufactured, and fire-tested. The bursting time and pressure of PSD were analyzed by the pressure, thrust and vibration results of static fire tests. As a result, the design requirement was verified that bursting pressure is lower than 30% of 2nd pulse operating pressure.

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