• Korea Trade Review
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• v.42 no.4
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• pp.49-68
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• 2017

This paper investigates the spillover effect of the U.S. Interest on Korea's interest rate as well as the role of exchange rate in the spillover effects, by utilizing a open macro model on the determinants of long-term interest rates. According to the cointegration estimation and the Impulse response function, it is found that, across both long-term and short-term, there exist the spillover effect of the U.S. Interest on Korea's interest rate. The fiscal deficit and expected exchange rate have significantly positive relationship with the Koreas's long-term interest rate. Further, foreign exchange market intervention in Korea did not have significant effect on the spillover effect. Thus, this study suggests that exchange rate flexibility would not be enough to restrain the spillover effects of the U.S. interest rate.

• The Journal of the Korea Contents Association
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• v.9 no.11
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• pp.247-253
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• 2009

We investigated the cell growth rate according to the change of temperature of the Thermo-rod used for the local hyperthermia therapy. For this study, we fabricated the Thermo-rods (TR) using Duplex Stainless Steels having magnetic properties as well as non magnetic properties. To evaluate cell growth rates up to 15 days, we conducted cell proliferation test using cell counting methods. For the tests, the CAPEs and Osteoblats were seeded on the 6-we11 plates with the induction heated thermo-rods 30 mins a day for 15 days with 2 days interval and without induction heated thermo-rods as control group respectively. We calculated cell growth rates, 6 hours after heating. From the results, in case of CAPEs and Osteobalsts seeded groups, the cell growth rates in all groups increased drastically for 6 days after seeding, but decreased irregularly after 6 days. In conclusion, the cell growth rates showed no significant difference among all groups and it indicated that there were no effects of temperate ($41^{\circ}C$) on cell growth rates.

• Journal of Labour Economics
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• v.30 no.1
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• pp.1-30
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• 2007

Using the Korean Labor and Income Panel Study 2001 (KLIPS 2001), this paper examines gender differences in the return to education in Korea. On average, there is little difference in return to education between male and female workers. However, this paper provides evidence that the impact of education on wages is greater for female workers compared to that for male workers using three different estimation strategies. First, a simple cohort analysis shows that the estimated returns to education for male and female workers have different patterns by age cohort and this is the main reason we observe little gap in average returns to education between men and women. Second, we find that college degree has a significant impact on women's labor market outcomes, while there is little gain for men in terms of wage levels by having college degree. Finally, when controlling unobservable individual ability level with test scores, education has no significant impact on male workers' wage levels, while the impact of education on wages is considerably large for female workers. All three findings support that the impact of education on labor market outcomes is greater for female workers compared to that for male workers as many researchers have found in other OECD countries.

• Korean Journal of Agricultural and Forest Meteorology
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• v.9 no.2
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• pp.75-87
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• 2007

Groundwater recharge rates were estimated and compared in a headwater catchment at the Gwangneung Supersite using three different methods: water-table fluctuation (WTF), mass balance, and hydrograph separation techniques. Data were obtained during the rainy season from June to September 2005. Two different WTF methods estimated the groundwater recharge rate as 25.9% and 23.6%. The mass balance calculation of chloride ions indicated recharge rates of 13.4% on average. Baseflow separation using chloride ion as a tracer from six storm hydrographs produced a 14.0% net baseflow rate on average. Because of the implicit assumption of a long-term steady state without storage change, recharge rates calculated by mass balance and hydrograph separation were smaller than those done with WTF methods, which include the amount of increased storage due to the water-level rise. Subsequently, the WTF method is superior to others in the estimation of groundwater recharge rate to comprehend the dynamic characteristics of the hydrologic cycle.

• Journal of The Korean Association For Science Education
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• v.35 no.1
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• pp.121-130
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• 2015

Identifying students' achievement level and reflecting it on educational policy making or instructional improvement by analyzing the results of nationwide standardized assessment is an integral part of accountability in education. On the basis of this premise, we analyzed the characteristics of National Assessment of Educational Achievement (NAEA) items for middle school science subject conducted from 2010 to 2013 by using the option response rate distribution curve, the fittest graph estimated from the response rate of correct/incorrect options by achievement score. Furthermore, we classified the type of option response rate curve in terms of correct and incorrect options. Results of the analysis of option response curve showed that five types of correct option response curve (S-shaped, J-shaped, straight-shaped, F-shaped, and step-shaped) and 4 types of incorrect option response curve (down-slope, flat, mound, and up-slope) were identified. The most common type of items was the combination of S-shaped correct option response curve and down-slope incorrect option response curve, which are considered as appropriate items to discriminate the students according to achievement level. Moreover, correct option response was found to be correlated with incorrect option response. Based on the results, we also discussed some implications on teaching-learning method and classroom assessment in science education.

• Journal of the Korean Recycled Construction Resources Institute
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• v.11 no.2
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• pp.97-104
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• 2023

In order to maximize the utilization of recycled fine aggregate, high strength mortar made of 100 % recycled fine aggregate was prepared, and its physical properties were evaluated to determine the possibility of using recycled fine aggregate as structural aggregate. The effect caused by the amount of nanosilica on the physical properties of w/b 0.2 recycled fine aggregate mortar consisting of cement, silica fume, and blast furnace slag. To improve the dispersion of nanosilica inside mortar, an aqueously dispersed nanosilica solution by ultrasonic tip sonication was prepared, and incorporated into the mortar to evaluate changes in mortar flow, porosity and compressive strength depending on nanosilica content. According to the experimental results, mortar flow decreased as the replacement ratio of nano-silica increased. As the replacement ratio of nanosilica increased up to 0.75 %, the porosity decreased and the compressive strength increased, but, at a replacement ratio of 1 %, the porosity increased and the compressive strength decreased. It was confirmed that the nano-silica replacement ratio of 0.75 % was optimum proportion to maximize the mechanical performance of high-strength recycled fine aggregate mortar.

• The Korean Journal of Financial Management
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• v.25 no.4
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• pp.53-78
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• 2008

Foreign investors who invest in the Korean stock markets are exposed to two kinds of foreign exchange rate risk, the economic exposure and the translation exposure. The former is the foreign exchange rate exposure in return generating process of the assets invested and the latter is the foreign exchange rate exposure in the translation of domestic return into foreign investors' currency. Domestic investors, however, are exposed only to foreign exchange rate exposure in the asset invested. This different situation on foreign exchange rate exposure between foreign investors and domestic investors can induce different response to exchange rate change by investor groups. Previous studies on foreign exchange rate exposure of Korean firms reported that quite a few Korean firms are exposed to foreign exchange risks and suggested to manage the foreign exchange risks. Also, many studies on the market segmentation showed that a market can be practically segmented according to the characteristics of investor groups. These studies support the hypothesis that the Korean stock market can be practically segmented by the foreign investors' attitude to the foreign exchange rate exposure. This study examines the response of both foreign investors and domestic investors to the foreign exchange rate exposures in Korean stock markets. Test results show that foreign investors increase their sell transactions when the foreign exchange rate exposure of the previous day is negative. This result can be possible when foreign investors attempt to actively manage the decrease in value of their assets due to rising of exchange rate. Analysis on the sell order data is also supportive to this interpretation. Foreign investors also increase their buy transactions when the foreign exchange rate exposure of the previous day is negative. This result can be possible when foreign investors use actively the relation between the increase in asset value and the translation gain due to declining of exchange rate. Analyses on buy order data, however, do not show the same result as the analyses on transaction data. This difference may come from the difference of information contained in transaction data and order data. In summary, the result of the paper supports the hypothesis that foreign investors response differently to foreign exchange rate exposure compared with domestic, Korean investors. Two groups do not show different response when exchange rate exposure is positive, i.e., as foreign exchange rate is increase (decrease), the asset value is increase (decrease). However, foreign investors' response is different from that of domestic investors when exchange rate exposure is negative, i.e., as foreign exchange rate is increase (decrease), the asset value is decrease (increase). These results mean that foreign investors and domestic investors are placed in different situations related to foreign exchange rate exposure, and these differences are reflected in the Korean stock markets. And domestic investors need to consider foreign investors' different attitude to the foreign exchange rate exposure when they analysis foreign investors' trading behavior.

• Korean Journal of Food Science and Technology
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• v.47 no.1
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• pp.63-69
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• 2015

The aim of this study was to investigate the deformation of packaging materials used for ready-to-eat (RTE) foods after the retort process and microwave heating. From the multilayer films consisting of polyethylene terephthalate (PET), polyamide (PA), and cast polypropylene (CPP) in a stand-up pouch form used for RTE foods, some deformation of the CPP layer, which was in direct contact with the food, was observed after the retort process and microwave heating. The damage was more severely caused by microwave heating than by the retort process. This may be attributed to diverse factors including the non-uniform heating in a microwave oven, the sorption of oil into the packaging film, and the different characteristics of food components such as viscosity, salt and water content. The development of heat-resistant packaging materials and systems suitable for microwave heating of RTE foods is required for the safety of consumers.

• Journal of the Korea Academia-Industrial cooperation Society
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• v.18 no.10
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• pp.170-177
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• 2017

The price of land in Jeju is reaching a new high every day and this phenomenon not only causes real difficulties for the purchase of real estate by local residents, but also results in psychological deprivation. Therefore, this study analyzes the factors causing the increase of the land price in Jeju, in order to examine the measures required to stabilize the land price which is continuously rising. As a result of this study, we developed a land price prediction model including seven variables, including the 'inflation rate', 'interest rate', and 'population'. According to the model, land prices in Jeju are expected to rise steadily, and it is predicted that in 2020 the price will increase to 170% of that in 2015 and will triple by 2025. Based on the results of this study, this study suggested policy alternatives, such as 'Establishing a tourism policy for managing the number of tourists' and 'increasing the approval standards for development activities'. The two policies proposed in this study can be implemented as a regional initiative, which may be less effective than the changes in the national system, but it is meaningful that the efforts to stabilize the land price will continue at the regional level.

• Proceedings of the Korea Water Resources Association Conference
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• 2007.05a
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• pp.278-280
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• 2007

우리나라는 지난 94년간 1.5도 상승하여 전지구 온난화추세를 상회하였다. 기온뿐만 아니라 강수량 역시 변화하였는데 변동폭이 크기는 하나 장기적으로 증가하는 경향으로 20세기초에 비해 상대적으로 기온이 높고 강수량도 많은 특성을 보인다. 평균적인 기후변화추이와 더불어 특히 최근 10년($1996{\sim}2005$년)은 1850년 이후 지구평균기온이 가장 높았던 기간으로, 세계적으로 열파, 홍수, 가뭄, 태풍 등 기상이변에 의한 인명과 재산 피해, 생물종의 멸종 등 사회경제적 피해가 막대하였다. 우리나라 역시 폭염, 호우등의 빈번한 출현으로 급격해지는 온난화추세 영향을 반영하였는데 이러한 기후 변화양상을 파악하기 위하여 우리나라의 최근 10년간 기후 특성과 계절별 현상일수의 변화를 분석하였다. 최근 10년(1996-2005년) 우리나라 기후변화의 특성을 보면 우리나라(15개 관측지점자료)는 평균기온이 과거 30년$(1971{\sim}2000)$ 평균대비 $0.6^{\circ}C$ 상승하였다. 계절별로 봄은 평년대비 $0.7^{\circ}C$, 여름은 $0.4^{\circ}C$, 가을은 $0.6^{\circ}C$, 겨울은 $0.7^{\circ}C$ 상승하여 봄과 겨울의 상승폭이 가장 크다. 연강수량은 30년 평균대비 최근 10년 강수량은 11% 증가하였고 특히 여름은 증가폭이 가장 커서 18% 증가하였다. 계절에 따라 다양한 기상현상의 변화도 나타났다. 3월 이후에 나타나는 늦서리의 종료일은 평균적으로 3월 말경에 나타났는데 최근 10년에는 3월 중순으로 2주 앞당겨졌고 이 추세는 특히 1993년 이후 뚜렷하다. 늦서리의 발생일수도 평균 4일 정도 줄었다. 일평균기온 $20^{\circ}C$이상인 날은 평년에 비해 최근 10년 동안 약 2일 증가하여 여름 시작시기가 빨라지고 있음을 알 수 있다. 일최저기온이 25도 이상인 열대야는 평년대비 최근 10년간 연간발생일수가 1.3일 증가하였으나 일최고기온 $35^{\circ}C$ 이상인 날의 수는 오히려 감소하는 경향을 보인다. 이것은 여름철 강수량이 증가하고, 호우발생빈도, 특히 8월의 강수일수가 증가하고 있다는 것과 밀접한 관련이 있다. 여름과 가을에 우리나라에 영향을 미치는 태풍의 수는 뚜렷한 추세를 보이지 않으나, 2002년 루사, 2003년 매미로 인하여 각각 6조원, 4조원 이상의 막대한 피해가 발생하였다. 태풍에 의한 피해액은 GDP 대비 약 0.9%(태풍 루사)로 최근 경제상장률과 비교해 보면, 상당한 비율을 차지한다. 우리나라에 영향을 미치는 태풍은 연근해의 해수면 온도가 높아지면 세기가 강해질 가능성이 높다. 폭설과 한파일수도 평년대비 최근 10년 감소하였고 일최저기온이 영하 $10^{\circ}C$ 이하인 날도 연간 발생일수가 감소하였다. 최근 10년간 우리나라 기후의 변화특성은 기온상승과 더불어 서리종료일이 앞당겨지고 열대야가 증가하고 폭설, 한파, 겨울철 일최저기온 영하 10도 이하인 날의 감소 등이 나타나고, 여름철 재해의 원인인 호우일수는 증가하는 추세이다. 앞으로 지구온난화는 가속화될 것으로 전망되고 이로 인한 피해규모도 커질 것으로 예상된다. 최근 우리나라에서 나타나는 기후변화의 추이를 감안할 때, 기후변화에 대한 장기적인 대비책을 마련하여 이로 인한 부정적인 영향을 감소시키기 위하여 국가차원의 체계적인 대응이 필요하다.