• The Korean Journal of Financial Management
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• v.22 no.2
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• pp.189-212
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• 2005

This study examines the interactions between KTB spot and futures markets using the daily prices from March 4, 2002 to January 31, 2005. We use Granger causality test, impulse Response Analysis and Variance Decomposition through vector autoregressive analysis (VAR). However, considering the long-term relationships between the level variables of KTB spot and futures, we introduced Vector Error Correction Model. The main results are as follows. According to the results of Granger-causality test and impulse response analysis, we find that the yields of KTB forward have a great influence on the change of KTB spot but not vice versa. In terms of volatility analysis, there is no inter-dependence between KTB forward and spot markets. In the variance decomposition analysis we find that the short-term KTB forward has much more impact on the KTB spot market than the long-term KTB forward does. We think these results are meaningful for bond investors who are in charge of capital asset pricing valuation, risk management and international portfolio management.

• Journal of The Korean Society of Grassland and Forage Science
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• v.30 no.3
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• pp.199-204
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• 2010

A new tall fescue variety (Festuca arundinacea Schreb.) named "Greenmaster" was developed by the National Institute of Animal Science, RDA, at Suwon from 1999 to 2007. For synthetic seed production of this new variety, 5 superior clones, EFa9111, EFa9122, EFa9211, EFa9225, and EFa9234 were selected and polycrossed. The agronomic growth characteristics and forage production capability of the seeds were studied at Suwon from 2003 to 2004, and regional trials were conducted in Suwon, Pyungchang, Jeju, and Ikcsan from 2005 to 2007. Greenmaster showed enhanced winter hardiness, disease resistance, and regrowth ability as compared to Fawn. The dry matter yield of Greenmaster was 11% higher as 19,156 kg/ha than that of Fawn. However, the nutritive value of both varieties was similar.

• Journal of The Korean Society of Grassland and Forage Science
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• v.27 no.4
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• pp.263-268
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• 2007

This experiment was carried out to evaluate the effects of organic content and to select lodging resistance for six varieties in paddy field of Chungnam province from 2006 to 2007. In this experiment, plant height was increased at the high fertile field and dry matter rate (%) per fresh matter was decreased at the high fertile soil condition but dry matter rate (%) of spike was increased. The dry matter (DM) yield showed higher in Sunwoo barley (13,520kg/ha) and Youngyang barley (12,780kg/ha) at the high fertile field. Fresh yield was also high in Wooho barely (34,720kg/ha) and Youngyang barely (33,670kg/ha) at the high fertile field but yield in high and normal fertile soil condition was not difference. Total digestible nutrients (TDN) content of Youngyang barley and Yuyeon barley was high as 69.5%, 70.3%, respectively, at the high fertile soil condition. According to this result Soman barley and Youngyang barley might be recommendable for whole crop barely in lower organic content condition of paddy rice field and Wooho barley and Soman barley with the lodging resistance and high yield is suitable for paddy field with high organic content.

• Journal of The Korean Society of Grassland and Forage Science
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• v.21 no.2
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• pp.67-74
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• 2001

A field experiment was carried out to determine the effects of chemical/mechanical treatments at mowing on the field drying rate and hay quality of alfalfa(Medicago sativa L., cv. Vernal) and spring oats(Avena satvia L., cv. Swan). The chemical drying agent of 2% $K_2CO_3$, mechanical mower conditioning, and no treatment(control) were treated for hastening hay-making in the spring of 1997. The forages were harvested at early bloom stage in alfalfa and heading stage in oats. After field dry, square bales were made by hay baler, and the dry matter(DM) loss, visual estimation and nutritive value of hay were evaluated after storing two months. The field drying rates of alfalfa and oats were high at mechanical treatment, but the drying effectiveness of chemical agents alone was very low. With mower conditioning, the duration of field dry was shortened by 1 day compared with control. therefore, mower conditioning enhance the field drying rate of alfalfa and oats. The DM loss of alfalfa and oats hay was reduced by mechanical treatment, but the efficiency by chemical alone was low. The visual score(leafiness, green color, odor and softness) of hay at mechanical treatment was slightly higher than that of chemical and control. The nutritive value(ADF, NDF, in vitro digestibility, and relative feed value) of hay was also high with treatment of mechanical, but those of chemical alone were similar compared with control. The nutritive value of hay after two months in both alfalfa and oats was decreased when compared with at harvest.

• Journal of The Korean Society of Grassland and Forage Science
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• v.23 no.3
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• pp.193-202
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• 2003

This study was conducted to investigate the effects of the type and application level of swine manure on herbage productivity, efficiency of nitrogen utilization and environmental pollution by the leaching of nitrogen compounds in mixed grassland. The field experiment was carried out on established grassland sward growing on silt clay loam soil. Main plots were the types of swine manure, such as swine manure fermented with sawdust(SMFWS), swine manure fermented without sawdust(SMF) and swine slurry(SS), and mineral fertilizer(Urea). Subplots were the application levels of swine manure, such as 100, 200 and 400 kgN/ha, The results obtained were summarized as follows; 1. Herbage productivity, nutritive value and nitrogen yields were the highest with mineral fertilizer and followed by swine slurry(SS), and the lowest with swine manure fermented with sawdust(SMFS). As compared with dry matter(DM) yield by application of mineral fertilizer(100%), the DM percents of SMFWS, SMFS and SS were 90.6, 80,9 and 76.8%, respectively. 2. Organic matter(OM) contents of the soil were increased by the applications of swine manure. OM contents were the high set with SMFS and the lowest with mineral fertilizer. 3. The amounts of nitrate leaching by types and application levels of swine manure were the highest in the end of Aug. and early of Sep. during the seasons and ranged from 10 to 25ppm.

• Journal of Practical Agriculture & Fisheries Research
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• v.23 no.1
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• pp.49-57
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• 2021

As the world marks the adoption of the landmark Paris Agreement on climate change, a promising movement for carbon neutrality is taking shape. This agreement would be needed to build a truly global coalition for carbon neutrality by 2050. Greenhouse gas(GHGs) emissions from agriculture come from livestock such as cows, agricultural soils and rice production has been reported by 10% in 2019. Rice cultivation would be reduced a GHGs and thus this research has conducted to minimize the emission of greenhouse gas with the mulching methodology using a biodegradable film in dry hill seeded rice and to conserve the environment through a cultural and ecological weed control instead of chemicals. We have developed the 5^th mulching dry hill seeder with the biodegradable film to determine the possibility of stable rice cultivation. There were so many difficulties and constraints in the field operations such as film mulching, hill seeding and effective weed control. The mulching dry hill seeder was so good performance in the 5^th trial but the biodegradable film tested was so faster in terms of biodegradation before the heading stage of the rice plant and thus there was not highly effective weed control which is ongoing research with a good performance since 2020.

• KSCE Journal of Civil and Environmental Engineering Research
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• v.28 no.6D
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• pp.871-879
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• 2008

Recently, as there are a rise in the standard of living and higher concerns of an electromagnetic wave and environment, undergrounding the aerial cables which are supported by large pylons and generally considered as the least attractive feature of an urban area is on an increasing trend to improve aesthetic benefits and electric reliability. This study applied Contingent Valuation Method (CVM) which is expected to become an effective tool to measure indirect benefit to estimate the substantial benefits of undergrounding overhead power line projects in an urban area. The tunneling construction project of the 345kV Shinsungnam electric power cable in Seongnam city was selected and a hypothetical scenario was given to respondents to determine their levels of Willingness to Pay (WTP) for undergrounding overhead power lines. The result from the estimation of the WTP of undergrounding overhead power lines in Seongnam city was calculated as approximately 17.1 billion won. Placing existing overhead lines underground is difficult to justify economically. Most undergrounding costs appear to be justified by aesthetic and public policy considerations. Therefore, considering the result of this study, undergrounding overhead power lines is of great benefit to public.

• Korean Journal of Soil Science and Fertilizer
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• v.23 no.3
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• pp.208-213
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• 1990

The parer board sludge (PBS) itself and compost sludge manure (CSM) made of sawdust, fowl droppings, and urea to the PBS were treated to garlic to determine the effects of growing characters, yield components, and nutritional compounds in the plants. 1. The differences of the rate of missing plants were not found between control and treatments. 2. Plant height of the garlic increased in the treatments of PBS and CSM rather than control. Numbers of leaf, and width of the largest leaf and stem did not have any distinct tendency to change. 3. Total weight and weight of the above ground part were highest in the treatment of 1,600kg/10a PBS, and CS-2 treatment mixed with high portion of additives. The weight of underground part and yield increased with the increase of paper board sludge, and highest in CS-2 treatment. 4. The contents of nitrogen in the plant were higher in the treatments of PBS and CSM than control. And CSM treatments had generally higher concentrations than PBS treatments. 5. In conclusion, PBS itself had nutritional effects. The PBS could be used to some crops after fermentation with adequate additives.

• Health Policy and Management
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• v.20 no.1
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• pp.103-124
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• 2010

Objectives: The out-of-pocket payment (OOP) of the Industrial Accident Compensation Insurance (IACI) in Korea was investigated empirically in terms of its incidence, magnitude and factors influencing them. Methods: The subjects were sampled with stratified, randomized methods among medical institutions of which the number of monthly IACI claims exceeded its median as of May 2008. Out of 204 institutions selected, 118 institutions (57.8%) responded to this survey. A total of 24,826 episodes(2,457 inpatient and 22,369 outpatient episodes) were included in this analysis. The incidence and magnitude of OOP of IACI were calculated by characteristics of institution as well as patient. Factors that affected the incidence and magnitude of OOP were investigated through multi-level analysis. Results: The overall incidence of OOP of IACI was 9.9% (25.6% for inpatient and 8.2% for outpatient) and the percentage of OOP among total expenditures was 8.3% on average (7.6% for inpatient and 26.8% for outpatient); 25.2% at traditional oriental medicine hospitals, 9.5% at general hospitals and 2.5% at the industrial-accident-designated medical institutions. The incidence of OOP of IACI was influenced by hospital size, ownership, longer duration of designation (over 5 years) and length of stay. On the other hand, its magnitude was influenced by medium-sized hospital, public hospital, location of large city and length of stay. Extra charges for upper grade room which accommodates less than 4 patients and treatment by specialists were the leading contributors to the magnitude of OOP of IACI. Conclusion: The incidence and magnitude OOP of IACI varied in institution type and were influenced by both institutional and patient's factors. In order to achieve the goal of Industrial Accident Compensation Insurance, appropriate level of compensation, that is, no incidence of OOP, for accident and disease of workers, it is necessary to take measures to reduce incidence and magnitude of OOP.

• Journal of The Korean Society of Grassland and Forage Science
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• v.19 no.1
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• pp.41-48
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• 1999

This experiment was carried out to determine the effect of the silage additives on improvement of quality of fresh rice straw silage using round bale at the forage experimental field, grassland and forage crops division, National Livestock Research Institute, RDA, Suwon from 1997 to 1998. The experiment was arranged in a randomized block design with three replication. The treatments used in this study were consisted of different additives(control, formic acid, molasses, molasses+urea and inoculant). The rice straw silage with molasses+urea treatment resulted in high crude protein content and in vitro dry matter digestibility were increased with molasses of inoculant treatments compare with the control. The mean dry matter of formic acid treatment material was higher than with control but there was no significant difference in dry matter content among the additives treatments. The pH of molasses treatments significantly increased the proportion of lactic acid(P<0.05) and decreased the proportion of butyric acid. The total organic acid content of all treatments had low around 2%. Ammonia-N of molasses+urea treatment was significantly(P<0.05) higher than that of others, but formic acid or inoculant treatments was lower below 10% per total nitrogen. Over a 7d feeding period, the dry matter intake per cattle on the inoculant treatment was higher that on both the untreated round bale silage of fresh rice straw and rice straw hay. Producing cost per kilogram of round bale silage of fresh rice straw was decreased according to the increasement of harvesting area. It is suggested that application of round bale silage system to fresh rice straw with molasses or inoculant was the best treatment for improving preservation as silage, and that animal intake was enhanced by addition of inoculant to fresh rice straw.