• International Area Studies Review
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• v.13 no.2
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• pp.168-188
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• 2009

Japanese economy suffered from a great recession for one decade between 1993 and 2002, because of the bubble bursting. Recently, a similar situation broke out in the USA and spread throughout the world. This paper investigated the effects of economic policy on the Japanese depression in order to find out how the recession, caused by financial crisis, can be reasonably removed. The analysis of documentary records indicate that there exists an optimum rate in government debt and the point in time of economic policy is decisive. Statistical studies with a VAR model and a State Space Model suggest that government expenditures affect the growth rate of national product but with a short term and it has a time lag of a half year. Income tax has a grievous negative effect on the growth rate with a long term and it works without a time lag. Therefore the increasing of taxation should be put into force very carefully. However private investment is a determinate factor for the recovery of depression.

• Horticultural Science & Technology
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• v.19 no.4
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• pp.579-584
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• 2001

This experiment was conducted to investigate the effect of soil moisture content on cut flower quality of Gypsophila paniculata L. 'Bristol Fairy' in spring and autumn cultivations. The soil moisture potential (SMP) set point for irrigation was either -3.2 or -10.0kPa in the vegetative growth stage, and -10.0, -31.6, or -79.4kPa after the budding stage. When soil moisture reached at each set SMP point, 10 mm water was drip-irrigated. Tendency of flowering was earlier as SMP set point was lower in both vegetative growth and after budding stages. No other flower characteristics were found among other treatments. In both spring and autumn cultivations, as SMP set point was lower, the low primary branch length and upper internode length were decreased, the stem firmness was increased, and curvature of cut flower stem was decreased. Especially, in autumn, the higher the SMP set point, the higher the low primary branch than the apex, thus the paniculate inflorescence was deeply destroyed. Yield in spring cultivation was not significantly different among treatments, while that in autumn cultivation increased as the lower the SMP value. It is thought that optimal imgation points during vegetative growth and after budding stages to produce high quality cut flowers are -10.0 and -79.4kPa, respectively.

• Korean Journal of Poultry Science
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• v.47 no.2
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• pp.83-93
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• 2020

The purpose of this study was to evaluate the effects of stocking density on feather condition, egg quality, blood parameters, and corticosterone levels of laying hens reared in conventional cages. A total of 500, 28 weeks-old Hy-Line Brown laying hens were evenly assigned to two stocking densities (750 and 500 ㎠/bird). There were 50 replicates of each treatment, each consisting of 750 ㎠/birds (n=6) or 500 ㎠/bird (n=4) birds in a cage, respectively. We observed an increase in the laying period of, the group that was assigned 500 ㎠/bird, however, this group experienced significant feather damage when compared with the group allotted 750 ㎠ bird. There was no effect of stocking densities on egg quality. These results suggest that the 500 ㎠/bird stocking density in the conventional cage can negatively affect feather condition and cause the birds to experience more stress than the group allotted 750 ㎠/bird.

• Horticultural Science & Technology
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• v.28 no.4
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• pp.552-560
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• 2010

$GA_{4+7}$+BA, a plant growth regulator for induction of feathering in young apple tree and increasing fruit size, was applied by various methods on 'Gala'/M.9 apple trees in high density orchard for 4 years to investigate its effect on fruit and shoot growth. $GA_{4+7}$+BA($80-300mg{\cdot}L^{-1}$) increased fruit length, fruit weight, and L/D ratio regardless of application methods, but it did not affect soluble solid content, acidity, leaf area, and chlorophyll. Seed number was not affected by $GA_{4+7}$+BA application, however, more immature seeds was observed in treated 'Gala' fruit. Shoot growth was increased when spraying $GA_{4+7}$+BA at tree crown but not affected when spraying at fruit directly. More significant fruit growth was observed when $GA_{4+7}$+BA was applied on the fruits between late of May and early of June when fruit cell division ended; however, high concentration of $GA_{4+7}$+BA resulted in lower fruit storability because of lower firmness. Hence, more attention should be paid when applying high concentration of $GA_{4+7}$+BA to small sized fruit cultivars like 'Gala'.

• Journal of Animal Science and Technology
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• v.52 no.4
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• pp.253-258
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• 2010

This study was conducted to compare the phenotypic performance and genetic merits in terms of weight at 12 months, carcass weight, eye muscle area, backfat thickness, marbling score and selection index of Hanwoo young bulls and proven bulls from the year 2004 to 2006. The data of 208 bulls used in this study were taken from the Nnational Hanwoo genetic evaluation coordinated by National Institute of Animal Science. Hanwoo young bulls were superior in the phenotypic performance of weight at 12 months, carcass weight, and eye muscle area showing significant differences from Hanwoo proven bulls in most comparisons. The backfat thickness of Hanwoo young bulls was significantly thicker higher than Hanwoo proven bulls in all comparisons (p < 0.05). Also, Hanwoo young bulls were not significantly different from Hanwoo proven bulls in the genetic merits of weight at 12 months, carcass weight, eye muscle area, backfat thickness, marbling score, and total genetic merits. Performance of Hanwoo young bulls were not significantly different from 1st class of Hanwoo proven bulls in all the traits studied except in eye muscle area.

• Journal of the Korea Academia-Industrial cooperation Society
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• v.18 no.7
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• pp.149-161
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• 2017

This paper analyzed the impact of alliances on the market value of the 106 bio-pharmaceutical companies listed on the KOSPI or KOSDAQ in Korea by using the 'Event study methodology'. Although general alliances did not impact the corporate value significantly, in the analysis corresponding to the alliance type, R&D alliances created positive value, as technology acts as an important factor for the alliance. Among the R&D alliances, 'Technology Transfer alliances', in particular 'Development Technology Transfer alliances', had a positive influence on the corporate value. We interpret these differentiated results as market tends to screen for types of alliances. Meanwhile, we confirmed that the possibility of a stock price increase before the alliance announcement is high by analyzing the impact of the timing of corporate alliance announcements on the company value. It can be inferred that the possibility of information leakage is high. This paper analyzes the impact of alliances for managers and practitioners seeking to create value for domestic bio-pharmaceutical companies, and suggests the need to prevent information leakages by establishing a suitable policy.

• Journal of the Korean Wood Science and Technology
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• v.38 no.4
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• pp.349-358
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• 2010

This study was carried out to investigate the optimum condition for sap exudation of Acer mono Max. tree in a site of Mt. Jiri, Hamyang-gun, Korea. Amount of sap exudation, air temperature, relative air humidity, tree diameter at breast height (DBH) and sugar content in sap were monitored during the early springtime, and correlation analysis of several factors was carried out to explain tree-to-tree and date-to-date variations in sap exudation. The correlation, linearlyassociated between DBH and sap amount, was strengthened as daily amount of sap increased, but there was no significant tree-to-tree variation in time and period for sap exudation. When amount of sap exudation was above 10 liter/day, the mean air-temperature was averaged at $1.2{\pm}1.6^{\circ}C$, the minimum at $-4.3{\pm}1.5^{\circ}C$ and the maximum at $11.8{\pm}1.9^{\circ}C$. The maximum air temperature and mean air temperature were significant (p < 0.05) factors for amount of sap in correlation analysis to explain date-to-date variation in sap exudation. Sucrose content in sap was in the range of 1.5 and 1.7% during exudation days, but sharply reduced to 0.6% level at the end of exudation period.

• Korean Business Review
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• v.22 no.2
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• pp.61-86
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• 2009

The purpose of this article is to investigate the effects of cash flow and accrual, which are the elements of earnings, and those of the elements of cash flow and accrual on the consistency of cash flow and firm's value. We analyzed 4 kinds of regression models, of which the independent variables are this period's cash flow, the elements of cash flow, accrual, and the elements of accrual, and the dependent variables are the next period's cash flow, and the stock price at the end of financial statements disclosure months, respectively. The sample firms were the manufacturing companies listed on the Stock Exchange 1980 through 2006, of which the fiscal year ended in December. And, the results of the analyses are as follows: Cash flow and accrual are shown to have significant relationships with cash flow consistency and the evaluations of firms' value. And, the elements of cash flow or accrual proved to have more influence than the total amount of them, on cash flow consistency and the evaluation of firms' value. Also, the results present that some of the elements of cash flow and accrual differently affect cash flow consistency and the evaluation of firms' value. Accordingly, this study indicates that each of the elements of cash flow and accrual needs to be considered respectively rather than the total amount of them, in the case that cash flow and accrual are used in the decision-making concerned with the forecast of cash flow and the evaluation of firms' value. This study also shows that each element of cash flow and accrual needs to be used differently for cash flow forecast and the evaluation of firms' value.

• Asian Journal of Turfgrass Science
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• v.23 no.1
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• pp.123-132
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• 2009

This study was designed to investigate the effect of the late fall fertilization applied with methyl urea(MU), compound chemical fertilizer(CF), humate(HM), and organic compost fertilizer(NS) on spring greenup of creeping bentgrass at following year. The plots were treated with various snow cover periods before transforming to ski slopes from golf holes during 2007 fall to 2008 spring. The highest visual quality and greenup rate were shown on MU or HM applications at 10 days before snow cover treatment. The CF treatment which had a highest phosphorus rate was most effective with a 13 cm of root length at the reconversion date to golf hole from ski slope of the following spring. However, the application of CF followed by immediate snow cover showed the worst results on visual quality and green color caused by a leaf burning damage from the residual effect of CF. At least 10 days were required to avoid phytotoxicant from undissolved granular of CF before snow cover practise. The application of NS showed the highest result on leaf dry weight at no snow cover plot in next spring, but not on green color and visual quality. Therefore, the proper interval period of snow cover after late fall fertilization should be an important management skill on the spring greenup of creeping bentgrass on following year transforming from ski slope to golf hole.

• KOREAN JOURNAL OF CROP SCIENCE
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• v.39 no.3
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• pp.237-244
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• 1994

To elucidate the physiological characteristics of 2 japonica type and 2 tongil type of rice cultivars, photosynthesis, respiration and diurnal changes of photosynthesis rate had been investigated 6 times at each growing stage. The ratios of photosynthetic part of tongil types were higher than those of japonica types at tillering stage. The highest photosynthetic activity was measured on August 1, before heading in each growing stage, and efficiency of photosynthesis showed its the highest on July 25. Diurnal photosynthetic curve at heading stage reached the peak at 11-12 AM, but after 2 weeks from heading stage, the peak apperred at 1-2 PM. Conversion of respiration into photosynthesis for $CO_2$ fixation started 30~60 minutes later than the standard sunrise time and reconversion for carborhdrate accmulation began 50~60 minutes earlier than the standard sunset time. Photosynthesis showed positive correlation with chlorophyll content and root activity. Harvest index of tongil type cultivars were significantly higher than those of japonica type cultivars.