• The Journal of Asian Finance, Economics and Business
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• v.9 no.2
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• pp.61-69
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• 2022

The study intends to investigate a short-run and a long-run causality among money, income, and prices in the Keynesian and Monetarists framework. This study emphasizes the importance of unrecorded money, which exists alongside legal monetary assets and plays a dual function in determining economic prosperity. The underground economy, which is a hidden component of aggregate economic activity, is determined using Tanzi's monetary approach (Tanzi, 1980). This research uses a time series of annual data from 1990 to 2019 for this purpose. The data is extracted from the World Bank database for the monetary and development indicators. The study keeping in view the trending nature in data follows a unit root testing followed by the Autoregressive Distributive Lag Model (ARDL) to assess the long and short-run dynamics of causality among the variables. In both the pricing and income equations, the study finds a significant level link among the variables; however, there is no evidence of the presence of a level association in the money equation. The short-run causal relationship provides evidence of bi-directional causation between the supply of money and national income. The outcome of this study advise that though the view point of both the Monetarist and Keynesian school holds in both short and long run, however, in Pakistan only the Monetarists' role of money supply and income holds in Pakistan. This evidence would be of precise interest to the policy-makers.

• The Transactions of the Korea Information Processing Society
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• v.6 no.11
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• pp.2875-2888
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• 1999

In this paper we present compiler-based active rule system to efficiently maintain spatial integrity constraints in a heterogeneous, distributed environment. Specially, the prototype active rule system presented has been developed as a component of a whole middleware system called SDBC(Spatile DataBase Connectivity). Due to this reason, our active rule system is provided for heterogeneous ODBMSs in a distributed environment and used to define spatial integrity constraints using the active rules in E-C-A(Event-Condition-Action) type. Using this active rule system, an application programmer can free himself from a heavier burden on the integrity maintenance of application objects. In the compiler-based approach, active rules applicable to events raised by a database program are directly inserted into the program in a function type by the preprocessor, and then they are compiled with the application program source codes. One advantage of this approach is that there is no run-time overhead accompanied by monitoring all the database transitions when preprocessed program is executed. This active rule system also provides facilities to manage changed rules and dynamically interpret those rules at run-tuime.

• Korean Journal of Applied Biomechanics
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• v.13 no.3
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• pp.1-14
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• 2003

This study was conducted to investigate the principles and motions for increasing the jumping height of Fosbury Flop. The subjects were three male jumpers who were former Korean national team players. Their jumping motions were analyzed using the DLT method of three-dimensional cinematography. The conclusions were as follows. 1. The horizontal velocity of approach run and decreasing of this velocity during the take off phase were increased as the jumping height was increased. Therefore, in order to increase the jumping height, the horizontal velocity of approachrun should be increased and decreased properly during the take-off phase. The average height of the analyzed Dials was 2.15m. The average horizontal velocity of approachrun was 7.49m/s and decreased to 4.16m/s at the instance of take-off. 2. The vertical velocity of the center of gravity was increased as the ascending height of the center of gravity during the take-off phase was increased. Therefore, the center of gravity at the instant of touch down should be lowered. This could be possible by increasing the length of the last stride and the backward lean angle of the body. The average length of the last stride was 111.1% of the standing height, the average height of the center of gravity was 46.6% of the standing height and the average backward lean angle of the body was 40.3 degrees.

• The Journal of Asian Finance, Economics and Business
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• v.7 no.1
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• pp.101-110
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• 2020

Energy and energy consumption play an important role in strategies for socio-economic development of the country. In 1995, Vietnam officially entered the 500 kV North-South transmission power line exploits, with a full length of 1,487 km. The purpose of this study is to investigate the breakpoint and the transition effect of energy consumption to economic growth in Vietnam during the period of 1980-1994, and 1995-2016. The Autoregressive Distributed Lag (ARDL) approach and the Bounds test are used to test for the presence of cointegration, whereas the Toda and Yamamoto procedure Granger causality test is used for the direction of causality. The result of the Bounds test validates the existence of cointegration among the included variables. The empirical results provide evidence that energy consumption has a positive impact on the economic growth of Vietnam in the long run. The causality test shows that there is bi-directional causality between energy consumption and economic growth, supported feedback hypothesis. There is a breakpoint in 1995 and the contribution of energy consumption in economic growth in the period of 1995-2016 is lower than the stage 1980-1994. This study suggests Government authorities explore new sources of energy to achieve sustainable economic development in the long run.

• Journal of Korea Multimedia Society
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• v.20 no.6
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• pp.893-910
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• 2017

In this paper, we propose a simple online multiple object (human) tracking method, LKDeep (Lucas-Kanade feature and Detection based Simple Online Multiple Object Tracker), which can run in fast online enough on CPU core only with acceptable tracking performance for embedded surveillance purpose. The proposed LKDeep is a pragmatic hybrid approach which tracks multiple objects (humans) mainly based on LK features but is compensated by detection on periodic times or on necessity times. Compared to other state-of-the-art multiple object tracking methods based on 'Tracking-By-Detection (TBD)' approach, the proposed LKDeep is faster since it does not have to detect object on every frame and it utilizes simple association rule, but it shows a good object tracking performance. Through experiments in comparison with other multiple object tracking (MOT) methods using the public DPM detector among online state-of-the-art MOT methods reported in MOT challenge [1], it is shown that the proposed simple online MOT method, LKDeep runs faster but with good tracking performance for surveillance purpose. It is further observed through single object tracking (SOT) visual tracker benchmark experiment [2] that LKDeep with an optimized deep learning detector can run in online fast with comparable tracking performance to other state-of-the-art SOT methods.

• International Journal of Naval Architecture and Ocean Engineering
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• v.6 no.4
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• pp.800-812
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• 2014

The paper provides some results of a new procedure to analyze the hydrodynamic aspects of the interactions between maritime emerged breakwaters and waves by integrating CAD and CFD. The structure is modeled in the numerical domain by overlapping individual three-dimensional elements (Tetrapods), very much like the real world or physical laboratory testing. Flow of the fluid within the interstices among concrete blocks is evaluated by integrating the RANS equations. The aim is to investigate the reliability of this approach as a design tool. Therefore, for the results' validation, the numerical run-up and reflection effects on virtual breakwater were compared with some empirical formulae and some similar laboratory tests. Here are presented the results of a first simple validation procedure. The validation shows that, at present, this innovative approach can be used in the breakwater design phase for comparison between several design solutions with a significant minor cost.

• Industrial Engineering and Management Systems
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• v.9 no.2
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• pp.80-87
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• 2010

As express courier market expands rapidly, companies are exposed to fierce competition. To cope with struggle for their survival, they are continuously making efforts to improve their service system. Even if most of service centers are directly linked to a consolidation terminal in courier service network, some of them with regional disadvantages are operated in milk run type from/to the consolidation terminal, which is a traditional PDP (Pick-up and Delivery Problem). This study suggests an approach to solve the PDP with the objective of maximizing the incremental profit, which belongs to PTP (Profitable Tour Problem) class. After the PTP is converted to TSP (Traveling Salesman Problem) with the same objective, a heuristic algorithm based on GA (Genetic Algorithm) is developed and examined through an example problem in practice of a courier service company in Korea.

• The Journal of Asian Finance, Economics and Business
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• v.8 no.11
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• pp.47-66
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• 2021

Despite the dominance of the USD as a vehicle currency in non-US trade, most studies on the exchange rate-trade balance relationship ignore its importance. Some recent J-curve papers have proved that incorporating the role of USD as vehicle currency as a crucial determinant of trade balance can well reflect the reality of global trade and provide more detailed findings. Motivated by this new approach and by the fact that USD is substantially used in the trade between China and the EU and the UK, this paper scrutinizes how the vehicle currency USD and the bilateral exchange rates asymmetrically affect China's trade balance with each EU country and the UK. The results of NARDL estimation indicate that the USD models outperform the bilateral exchange rate (BER) models in terms of detecting significant long-run and short-run coefficients, which confirms the usefulness of the new approach. Also, this paper finds that the USD/CNY exchange rate cannot be neglected in China's trade with the EU and the UK, which can supplement China's policies on international trade and foreign exchange management.

• Journal of Korean Society for Quality Management
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• v.22 no.1
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• pp.54-65
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• 1994

Multivariate exponentially weighted moving average (EWMA) control charts for monitoring the variance-covariance matrix are investigated. Two basic approaches, "combine-accumulate" approach and "accumulate-combine" approach, for using past sample information in the developement of multivariate EWMA control charts are considered. Multivariate EWMA control charts for monitoring the variance-covariance matrix are compared on the basis of their average run length (ARL) performances. The numerical results show that multivariate EWMA control charts based on the accumulate-combine approach are more efficient than corresponding multivariate EWMA control charts based on the combine-accumulate approach.

• Nuclear Engineering and Technology
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• v.50 no.8
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• pp.1372-1386
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• 2018

Despite recent advances in multi-hazard analysis, the complexity and inherent nature of such problems make quantification of the landslide effect in a probabilistic safety assessment (PSA) of NPPs challenging. Therefore, in this paper, a practical approach was presented for performing an earthquake-induced landslide PSA for NPPs subject to seismic hazard. To demonstrate the effectiveness of the proposed approach, it was applied to Korean typical NPP in Korea as a numerical example. The assessment result revealed the quantitative probabilistic effects of peripheral slope failure and subsequent run-out effect on the risk of core damage frequency (CDF) of a NPP during the earthquake event. Parametric studies were conducted to demonstrate how parameters for slope, and physical relation between the slope and NPP, changed the CDF risk of the NPP. Finally, based on these results, the effective strategies were suggested to mitigate the CDF risk to the NPP resulting from the vulnerabilities inherent in adjacent slopes. The proposed approach can be expected to provide an effective framework for performing the earthquake-induced landslide PSA and decision support to increase NPP safety.