• Journal of Distribution Science
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• v.13 no.11
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• pp.39-46
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• 2015

Purpose - In Korea, there has been a recent trend that shows housing prices have risen rapidly following the International Monetary Fund crisis. The rapid rise in housing prices is spreading recognition of this as a factor in housing price volatility. In addition, this raises the expectations of housing prices in the future. These expectations are based on the assumption that a relationship exists between the current housing prices and expected housing prices in the real estate industry. By performing an empirical analysis on the validity of the claim that an increase in current housing prices can be correlated with expected housing prices, this study examines whether a long-term equilibrium relationship exists between expected housing prices and existing housing prices. If such a relationship exists, the recovery of equilibrium from disequilibrium is analyzed to derive related implications. Research design, data, and methodology - The relationship between current housing prices and expected housing prices was analyzed empirically using the Vector Error Correction Model. This model was applied to the co-integration test, the long-term equilibrium equation among variables, and the causality test. The housing prices used in the analysis were based on the National Housing Price Trend Survey released by Kookmin Bank. Additionally, the Index of Industrial Product and the Consumer Price Index were also used and were obtained from the Bank of Korea ECOS. The monthly data analyzed were from January 1987 to May 2015. Results - First, a long-term equilibrium relationship was established as one co-integration between current housing price distribution and expected housing prices. Second, the sign of the long-term equilibrium relationship variable was consistent with the theoretical sign, with the elasticity of housing price distribution to expected housing price, the industrial production, and the consumer price volatility revealed as 1.600, 0.104,and 0.092, respectively. This implies that the long-term effect of expected housing price volatility on housing price distribution is more significant than that of the industrial production and consumer price volatility. Third, the sign of the coefficient of the error correction term coincided with the theoretical sign. The absolute value of the coefficient of the correction term in the industrial production equation was 0.006, significantly larger than the coefficients for the expected housing price and the consumer price equation. In case of divergence from the long-term equilibrium relationship, the state of equilibrium will be restored through changes in the interest rate. Fourth, housing-price volatility was found to be causal to expected housing price, and was shown to be bi-directionally causal to industrial production. Conclusions - Based on the finding of this study, it is required to relieve the association between current housing price distribution and expected housing price by using property taxes and the loan-to-value policy to stabilize the housing market. Further, the relationship between housing price distribution and expected housing price can be examined and tested using a sophisticated methodology and policy variables.

• KSCE Journal of Civil and Environmental Engineering Research
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• v.5 no.4
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• pp.75-86
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• 1985

A beam with web opening may reduce the cost of steel and the height of multistory steel buildings. Bower's analysis based on the theory of elasticity and Vierendeel analysis had evaluated the normal stresses around the holes, but these analyses have difficulties for practical uses because of complexity and the limitation for their application. In this study, it is shown that the finite element method, using smaller number of isoparametric elements by taking only a part of the beam which includes the hole, can diminish defects of the above two methods and it may represent more satisfactorily the distribution of the local stress concentration around the hole than the other methods which employed linear elements such as in the analysis by Samuel or Redwood. This study presents the effects of moments, shears, and eccentricities of a hole on the distribution of the normal stresses calculated by using the proposed finite element method. Consequently, it is found that the variations of shear force and hole depth give significant effects on the normal stresses around a hole, while the variations of eccentricities of the hole provide a little effect on them. The regression coefficients resulted from the multiple linear regression may be used for estimating the normal stresses around any arbitrary hole in the web of a beam, since the normal stresses guessed by this regression coefficient equation match well the results by the finite element method except the case of large eccentricity.

• Journal of the Korea Academia-Industrial cooperation Society
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• v.16 no.11
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• pp.7820-7830
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• 2015

Korean households' demand for food consumed away from home is on the steady increase. The ratio of eating-out expenditure of the household income, however, tends to decrease recently irrespective of income groups. This paper, therefore, aims to analyse the food-away-from-home expenditures of salary and wage earners' households by income decile group. The eating-out expenditure is modelled as a function of household income and then estimated using econometric methods such as regression, rolling regression, impulse response, and variance decomposition of forecast error. The regression results indicate that the higher the income decile group is, the lower the income elasticity of eating-out expenditure is, and the high income groups enjoy seasonal eating-out, the low groups do not. The coefficients of dynamic rolling regression are much smaller than those of static one, meaning that households tend to decrease the eating-out expenditure of their income. The impulse response analysis suggests that the eating-out expenditure increase of higher income groups lasts long relative to that of lower income groups. The variance decomposition, also, shows that household income plays much more important role in determining eating-out expenditure at the higher income groups than at the lower income groups.

• Proceedings of the Korean Society of Near Infrared Spectroscopy Conference
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• 2001.06a
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• pp.1161-1161
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• 2001

Rapid cost-effective methods of measuring wood quality are extremely important to tree improvement programs where it is necessary to test large numbers of trees. Non-destructive sampling of a forest can be achieved by using increment cores generally removed at breast height. At CSIRO Forestry and Forest Products methods for the rapid, non-destructive measurement of wood properties and wood chemistry based on increment core samples have been developed. In this paper the application of near infrared (NIR) spectroscopy to the prediction of a range solid wood properties, including density, longitudinal modulus of elasticity (E$\sub$L/) and microfibril angle (MFA), is described. Experiments conducted on individual species (Eucalyptus delegatensis and Pinus radiata), the two species combined and a number of mixed species from several genera are reported. NIR spectra were obtained from the radial/longitudinal face of each sample and used to develop calibrations for the measured physical properties. When the individual species were used the relationships between laboratory determined data and NIR fitted data were good in all cases. Coefficients of determination (R$^2$) ranging from 0.77 for MFA to 0.93 for stick density were obtained for E. delegatensis and R$^2$ ranging from 0.68 for MFA to 0.94 for strip density were obtained for P. radiata. The calibration statistics for the combined E. delegatensis and P. radiata samples were similar to those found for the individual species. As these results indicated that it might be possible to produce general calibrations based on samples from a number of species of a single genus or samples from a number of different genera, a wide range of species was subsequently tested. Good relationships were obtained for both density and E$\sub$L/. These calibrations had R$^2$ that were slightly lower than those determined using individual species and standard errors that were higher. The mixed species calibrations, when applied to the E. delegatensis and P. radiata sample sets, provided good estimates of density (stick and strip) and E$\sub$L/. The results demonstrated that a mixed species calibration, that encompasses wide variation in terms of, wood anatomy, chemistry and physical properties, could be used to rank trees. Experiments reported in this paper demonstrate that solid wood properties can be estimated by NIR spectroscopy. The method offers a rapid and non-destructive alternative to traditional methods of analysis and is applicable to large-scale non-destructive forest resource assessment, and to tree breeding and silvicultural programs.

• KSCE Journal of Civil and Environmental Engineering Research
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• v.33 no.6
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• pp.2437-2445
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• 2013

The objective of this study is finding the relationship between interstate highway accident frequencies and geometrics using Random Parameter Negative Binomial model. Even though it is impossible to take account of the same design criteria to the all segments or corridors on the road in reality, previous research estimated the fixed value of coefficients without considering each segment's characteristic. The drawback of the traditional negative binomial is not to explain the integrated variations in terms of time and the distinct characters specific segment has. This results in under-estimation of the standard error which inflates the t-value and finally, affects the modeling estimation. Therefore, this study tries to find the relationship of accident frequencies with the heterogeneous geometrics using 9-years and 7-interstate highway data in Washington State area. 16-types of geometrics are used to derive the model which is compared with the traditional negative binomial Model to understand which Model is more suitable. In addition, by calculating marginal effect and elasticity, heterogeneous variables' effect to the accidents are estimated. Hopefully, this study will help to estiblish the future policy of geometrics.

• Journal of the Korean Society of Food Culture
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• v.23 no.2
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• pp.258-267
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• 2008

The purpose of this study was to investigate the effects that body composition, nutrient intake, and biochemical indices have on skin status, as well as their associations with skin health status, by assessing 44 female university students. The subjects were classified into 3 groups according to skin sensitivity: sensitive skin (n=11), slightly sensitive skin (n=24), and normal skin (n=9). The study included anthropometric measurements and body composition analyses, dietary intake evaluations, blood chemical analyses, and skin health status assessments. Based on % body fat, the results indicated the subjects were moderately obese (29.6%). Obesity indices were not different among the groups, but the sensitive skin group tended to have higher skinfold thickness. Dry skin was determined as the skin type of all subjects. In the sensitive skin groups, U-zone and T-zone sebum were significantly lower (p<0.05), and spots were significantly higher (p<0.05) than in the normal skin group. In terms of nutrient intakes, the sensitive skin groups consumed significantly lower amounts of P and vitamins A and E (p<0.05). There were no significant differences in serum lipid fractions or total antioxidant status among the groups. In correlation coefficients analysis, skin elasticity had significant negative correlations with subscapular and midaxillary skinfold thickness, body protein, and body minerals (p<0.05). Wrinkling had positive correlations with triceps and thigh skinfold thickness (p<0.05). Skin evenness had negative correlations with energy intake, vitamins A, $B_1,\;B_2$, C, E, niacin, and zinc (p<0.05), as well as folate and P (p<0.01) and vitamin $B_6$ (p<0.001). A similar correlation tendency was observed for spots and nutrient intake, showing negative correlations with vitamins A, $B_6$, and E, as well as folate, Fe, and P. U-zone sebum showed significant positive correlations with serum levels of total cholesterol and triglycerides. From these findings, skin health status appears to be affected by both nutrient intake and body composition. Therefore, having a proper balance between dietary intake and body composition may influence skin health status in females with sensitive skin.

• Journal of the Korea institute for structural maintenance and inspection
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• v.11 no.5
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• pp.89-98
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• 2007

This study investigates the deformation behavior, related to debonding failure, of adhesion and repairing-strengthening materials of RC construction. A strain-stress curve shows that when the stress of specimens reached the highest and then fails, the strain value of cement mortar is $2.0{\times}10^{-3}$, while concrete was indicated at around $1.3{\times}10^{-3}$, epoxy resins are $0.8{\times}10^{-3}$, polymer mortar is $2.5{\times}10^{-3}$, steel plate is $2.5{\times}10^{-3}$, and carbon bar was $9.1{\times}10^{-3}$, respectively. For a thermal expansion coefficient with temperature variation, those basis materials, cement mortar and concrete, exhibited around $10{\mu}{\varepsilon}/{^{\circ}C}$, but adhesive materials, such as epoxy resins and polymer mortar, were $41{\sim}54{\mu}{\varepsilon}/{^{\circ}C}$ and $-0.5{\sim}0.7{\mu}{\varepsilon}/{^{\circ}C}$, respectively. In the case of steel plate is similar to basic materials but carbon fiber is indicates at $-1.7{\mu}{\varepsilon}/{^{\circ}C}$, which is the lowest value. Especially, between basic and adhesive materials, the thermal expansion coefficient was highly different. Although the coefficient depends on the type of epoxy resins, it is clear that the epoxy resins are susceptible to be debonded in nature, when the difference of environmental temperature varies more than $20{\sim}35{^{\circ}C}$.

• Journal of Industrial Convergence
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• v.20 no.10
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• pp.121-129
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• 2022

The purpose of this study was to identify the factors affecting nursing practice of clinical nurses in the COVID-19 situation and provide basic data that could improve nursing practice in the pandemic situation. For this descriptive research, a survey was conducted to collect data from 119 clinical nurses in G City for six weeks from June 15 to July 20, 2022. Descriptive statistics, t-test, ANOVA, Pearson's correlation coefficient, and multiple regression were used. The results showed that infection control practice (r=.428, p<.001) and resilience (r=.324, p<.001) were statistically significantly correlated with nursing practice. As a factor affecting nursing practice of clinical nurses, infection control practice (B=.529, p<.001) had an explanatory power of 18.3%. This result is thought to be due to the fact that COVID-19 infection control acted as a new burden on nursing work in the COVID-19 pandemic, and recovery elasticity and job stress did not have an influence. It is however necessary to help clinical nurses relieve job stress and perform high-quality nursing through regular counseling for clinical nurses suffering severe job stress.

• Korean Journal of Poultry Science
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• v.41 no.2
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• pp.99-104
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• 2014

The objective of this study is to analyze the production of extra-large egg and assess the impacts of exogenous factors in feeding the layer chicken. The main results of this study are as follows; First, feeding rations on the basics of statistics, internal maximum and minimum temperature and, the age at first egg affect the production of extra-large egg. Second, implicating the standardized coefficients from the conclusion of regression model estimating suggest that the amount of feed has the greatest impact on production followed by the age at first egg. Third, by using the elasticity of output and the volatility in the production, the result suggest that among the independent variable factors in the external volatility, the biggest one goes to feed ration, and the age at first egg follows. In order to control the production volatility in the extra-large egg production of the farms, it is necessary to manage an efficient feeding based on feed ration, age at first egg and, the maximum and minimum temperature inside the farm. Taken together, the results demonstrates that it should be concentrated by controlling the exogenous factors affecting extra large egg production and the management system construct, to increase extra-large egg production and the income of farmers at the same time.

• Journal of Nuclear Fuel Cycle and Waste Technology(JNFCWT)
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• v.2 no.2
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• pp.87-96
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• 2004

Studies were conducted to select the candidate buffer material for a high-level waste (HLW) repository in Korea. This paper presents the hydraulic properties, the swelling properties, the thermal properties, and the mechanical properties as well as the radionuclide release-retarding capacity of Kyungju bentonite as part of those studies. Experimental results showed that the hydraulic conductivities of the compacted bentonite were very low and less than $10^{-11}$m/s. The values decreased with increasing the dry density of the compacted bentonite. The swelling pressures were in the range of 0.66 MPa to 14.4 ㎫ and they increased with increasing the dry density. The thermal conductivities were in the range of 0.80 ㎉/m $h^{\circ}C$ to 1.52 ㎉/m $h^{\circ}C$. The unconfined compressive strength, Young's modulus and Poison's ratio showed the range of 0.55 ㎫ to 8.83 ㎫, 59 ㎫ to 1275 ㎫, and 0.05 to 0.20, respectively, when the dry densities of the compacted bentonite were 1.4 Ms/㎥ to 1.8 Mg/㎥. The diffusion coefficients in the compacted bentonite were measured under an oxidizing condition. The values were $1.7{\times}10^{-10}$m^2$/s to 3.4{\times}10^{-10}$m^2$/s for electrically neutral tritium (H-3), 8.6{\times}10^{-14}$m^2$/s to 1.3{\times}10^{-12}$m^2$/s for cations (Cs, Sr, Ni), 1.2{\times}10^{-11}$m^2$/s to 9.5{\times}10^{-11}$m^2$/s for anions (I, Tc), and 3.0{\times}10^{-14} $m^2$/s to 1.8{\times}10^{-13}$m^2$/s $for actinides (U, Am), when tile dry densities were in the range of 1.2 Mg/㎥ to 1.8 Mg/㎥. The obtained results will be used in assessing the barrier properties of Kyungju bentonite as a buffer material of a repository in Korea.n Korea.