• Clinical and Experimental Pediatrics
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• v.46 no.8
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• pp.769-776
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• 2003

Purpose : The survival rate of very low birth weight infants(VLBWI) has improved by virtue of specialized neonatal care. This study was performed to analyze the changes in incidence, survival rate and morbidity of VLBWI who admitted to Chonnam National University Hospital from 1996 to 2001. Methods : We enrolled 565 VLBWI, and compared the incidence and the survival rate according to the birth weight or gestational weeks between period I(1996 to 1998) and period II(1999 to 2001). The mortality rate according to the postnatal age, cause of death, morbidity and days of hospital stay were also compared. Morbidity is categorized into 'short term' which is curable until discharge, and 'long term' causing any types of sequelae after discharge. Results : Incidence of VLBWI significantly increased in period II over period I(6.0% vs. 11.0%, P< 0.001). The survival rate also increased in period II(71.8% vs. 80.1%, P<0.05), especially in 1,000 to 1,249 gm of birth weight(P<0.001) and in 28 to 30 weeks of gestation(P<0.001). The most common cause of death was respiratory distress syndrome in period I; however it was sepsis in period II. Although overall and short term morbidity rate increased, long term morbidity and days of hospital stay didn't increase in period II. Conclusion : Although the incidence of VLBWI significantly increased and the survival improved in period II compared to period I, especially in 1,000 to 1,249 gm of birth weight and 28 to 30 weeks of gestation, 'long term' morbidity rate and hospital days didn't increase.

• Journal of the Korean Institute of Gas
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• v.3 no.2 s.7
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• pp.11-16
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• 1999

Oil and LNG products are characterized by the facts that the raw materials are all imported and financing is dependent heavily upon foreign countries. This makes the oil and LNG products sensitive to changes in foreign exchange rates. However, the extent to which they respond to changes in foreign exchange rates, particularly the extent of price changes, vary considerably, due to the differences in the structures of price determination. The purposes of this paper are twofolds. The first one is to analyze the structures of price determination of diesel, heavy oil, and LNG. The second one is to analyze the effects of changes in foreign exchange rates on the prices of and price competitiveness of the fuels in question through the sensitivity analysis. The results of the sensitivity analysis indicate that diesel price is most sensitive and heavy oil price is least sensitive to changes in foreign exchange rates.

• Journal of the Korean Geotechnical Society
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• v.27 no.8
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• pp.39-50
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• 2011

This study was conducted to analyze the thermal behavior of a PHC energy pi1e system in saturated soil conditions, various seasonal and flow-speed conditions during 100 hours of operation through numerical analysis. The examination was a1so conducted with a single pile as well as with group pils. For the operation of 100 hours, the average heat exchange rate appeared 55 W/m, 47 W/m during winter and summer respectively. An increase in flow-speed was associated with a rise in the heat exchange rate. And thermal behavior analysis results during winter season show that thermal efficiency has increased when there are more free thermal planes. For the operation in group pile as 3D and 5D pile spacing (D: pile diameter), average heat exchange rate increased as pile spacing grows. Compared with the heat exchange rate of single pile, thermal exchange efficiency of group pile decreased by 89% (for 3D spacing) and 93% (for 5D spacing).

• International Area Studies Review
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• v.22 no.3
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• pp.67-84
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• 2018

The purpose of this paper is to investigate the Balassa-Samuelson effect that real exchange rate could deviate from its long-run equilibrium. To analyze this effect, I estimated the long-run relationship between real exchange and productivity using the dynamic panel ordinary least square(DOLS) and panel error correction model(ECM) after conducting the unit root and cointegration test. The results show that all variables except for the real exchange rate have the unit root. Then I conducted the cointegration test to find out whether there exist the stable long-run relationships. The results show that the variables are cointegrated and significant statistically. The DOLS and ECM methods are used to estimate the coefficient of the cointegrated variables. The major finding are that the estimates are statistically significant and that they show the same sign as the economic theory predicts.

• Journal of the Korean Data and Information Science Society
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• v.26 no.6
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• pp.1387-1395
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• 2015

Since the financial crisis of 2008, the People's Republic of China has aggressively been pursuing the internationalization of the Chinese Yuan or Renminbi. In this regard, rapidly increasing use of the Chinese Yuan in the onshore and offshore markets are important milestones. This paper analyzes relationship between the onshore and offshore Chinese Yuan spot markets. Major findings of this paper are as follows : First, there is full feedback relationship between the Onshore and Offshore Chinese Yuan Markets. Second, the difference between the yuan's offshore exchange rate and the onshore was getting tight. Third, the offshore Yuan market affects on the onshore market based on the empirical tests.

• Journal of the Korean Data and Information Science Society
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• v.25 no.6
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• pp.1361-1369
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• 2014

This research is for analyzing the change rate of housing rent price index produced by KAB (Korea Appraisal Board) in the monthly periodical, Survey on Housing Monthly Rent. The index is a very important and useful indicator to understand and diagnose the house rental market. However, the index is criticized in that it tends to decline when the price level of Jeonse (i.e., a typical type of dwellings in Korea, generally leased on a deposit basis for 1 or 2 years) is highly going up, which is inconsistent with the actual economic sentiment of tenants. We verify the reason why such phenomenon occurs and suggest a simple but novel method to analyze properly the change rate of the index. The main findings are as follows. The key factor to trigger the problem is the use of the conversion rate for Jeonse-to-monthly rent for constructing the rent price indexes. We separate the effect of the conversion rate out of the change rate of the index and quantify the adjusted real change rate showing an increase of the rent price level which is masked by the conversion rate before.

• Environmental and Resource Economics Review
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• v.29 no.3
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• pp.313-333
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• 2020

This paper shows that when the exchange rate changes, there are conflicting effects on improving the quality and increasing market share of eco-friendly vehicles. In a vertically differentiated duopoly model consisting of high quality clean cars and low quality internal combustion engine cars, I set up a two-stage noncooperative game under perfect information that the quality levels and the prices of the cars are competitively determined. The vehicles are assumed to be produced in countries that use distinct currencies. When the exchange rate of the country that produces low quality cars rises, the producer prefers to intensify competition due to the relatively lowed cost, and the incentive for quality improvement arises from the intension of attempting to reduce the degree of differentiation of quality level. At this time, the clean car manufacturing firm tries to avoid competition due to weakened competitiveness, and increases the quality level to expand quality differentiation. However, in this case, the market share of eco-friendly vehicles shrinks. On the other hand, if the exchange rate changes in the opposite direction, the market share of eco-friendly vehicles is expected to increase, but the quality of both cars are deteriorated, causing a conflict effect.

• Journal of Korean Electronics
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• v.20 no.5
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• pp.4-9
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• 2000

• International Commerce and Information Review
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• v.13 no.4
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• pp.229-249
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• 2011

The exchange rate change has been increased since the time when the floating exchange rate system was introduced in Korea. As a result, the increase of the exchange rate changes raised the risk in international trades in Korea. Also after Bretton Woods System broke down, the increasing exchange rate fluctuation raised the risk in international trade. The purpose of this dissertation is to study whether this incomplete pass-through exists in Korean export industry and furthermore to measure the markup rate of the export price using real data since Global Financial Crisis. The estimation results of the export price determination model by Error Correction Model shows that the export price of Korea has been greatly influenced by the export prices and exchange rates against U.S. Dollar of rival countries, domestic producer price as well as the Korean Won-U.S. Dollar exchange rate and also business coincidence index of U.S. in demand. Particularly, the pass-through rate of Korean Won-U.S. Dollar exchange rate to export price is estimated to be incomplete, which contrasts with the propositions of traditional exchange rate determination approach, e. g. elasticity approach, monetary approach, etc.

• The Southeast Asian review
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• v.27 no.4
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• pp.41-76
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• 2017

This paper analyses the market shares and the export similarity indexes (ESI) of Korea, Japan and China in ASEAN, and then identifies the determinants of Korea's exports to ASEAN countries using single equation cointegration approaches, such as fully modified OLS (FMOLS), dynamic OLS (DOLS), and canonical cointegration regression (CCR). Various regression results are as follows: As expected, Korea's real exports tend to increase as importing country's GDP grows. The competing third country's currency depreciation affects Korea's exports differently from country to country. Most notably, it doesn't significantly affect Korean exports in Malaysia, Indonesia and Thailand. These results suggest that bilateral or third country exchange rates are not that important or decisive factors to determine Korea's exports to ASEAN countries in the long-run while economic growth in ASEAN countries matters most.