• The Journal of Asian Finance, Economics and Business
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• v.7 no.12
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• pp.123-129
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• 2020

This scholarly work is an effort to capture the effects of oil prices on the actual exchange rate between dollar and rupee. This is done with reference to the U.S. dollar as oil prices are marked in USD (U.S. Dollar) in the international market, and India is among the top five importers of oil. Using monthly data from January 2001 to May 2020. The study used the real GDP, money supply, short-term interest rate difference between two countries, and inflation apart from the crude oil prices per barrel as the factors that help define the exchange rate. The analysis, through cointegration and vector error correction method (VECM), suggests long and short-run causality amid prices of oil and the rate of exchange fluctuations. Oil prices are found to be negatively related to the exchange rate in the long term but positively related in the short term. The result of the Wald test also indicates the short-run causation from the short-term interest rate and the prices of crude oil towards the exchange rate. The present study shows that oil prices are evidence of the existence of short-term and long-term driving associations with short-term interest rates and exchange rates.

• Journal of The Korean Society of Grassland and Forage Science
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• v.20 no.3
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• pp.221-226
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• 2000

Cassia mimosoides var. nomame was grown at five seeding rates (10, 20, 30, 40 and 50 kg/ha) from March 31 to September 21, 1998 at Cheju to determine influence of seeding rate on agronomic characters, and forage yield and quality. Days to flowering increased from 126 to 129 days as seeding rate increased from 10 to 50 kg/ha. The plant height increased from 86 to 99 cm as seeding rate was increased from 10 to 30 kg/hac and then decreased to 93 cm at a rate of 50 kglha. With increasing seeding rate, stem diameter quadratically decreased and the number of branches and green leaves per plant linearly decreased but the number of withering leaves per plant linearly increased. As seeding rate increased &om 10 to 30 kg/ha, fresh forage, dry matter, crude protein, and total digestible nutrients (TDN) yield increased 'from 30.7 to 49.1, 7.5 to 12.2, 0.90 to 1.57 and 4.09 to 7.09 MTha, respectively, and then decreased with further increased seeding rates. Crude protein, ether extract, nitrogen free extract, and TDN wntent increased 12.1 to 14.2% 2.2 to 2.9%, 35.1 to 39.2%, 54.8 to 60.3% respectively, but crude fiber wntent decreased 39.8 .to 33.3% and crude ash declined 4.9 to 3.8% as seeding rate increased from 10 to 50 kgiha. The optimum seeding rate to obtain the highest TDN yield was estimated to be 36kglha. (Key words : Cassia mimosoides var. nomame, Seeding rate, Forage yield, Forage quality)

• Asia-Pacific Journal of Business
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• v.13 no.2
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• pp.39-50
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• 2022

Purpose - The purpose of this study is to examine how Korea's macroeconomic factors, such as GDP, CPI, Export, Import, Unemployment rate and USD/KRW exchange rate, are affected by the oil price shocks. Design/methodology/approach - This study used monthly and quarterly time-series data of each variable for the period 1983 to 2022, consisting of two sub-periods, to employ Granger causality test and GARCH method in order to identify the role of the oil price movement in macroeconomic factors in Korea. Findings - Korea's currency rate to the US dollar is negatively correlated with the price change of crude oil while the GDP change is positively correlated with the price change of crude oil with strong relationship between Export and Import in particular. The exchange rate and GDP growth are believed to be not correlated with the oil price change for the pre-GFC period. According to the Granger causality test, the price change in crude oil has a causal impact on CPI, Export and Import while other factors are relatively slightly affected. Transmission effect from the oil price to Export is found and there also exists volatility spillover from oil price to economic variables under examination. Comparing two sub-periods, CPI and Export volatility responds negatively to shocks in the oil price for the pre-GFC period while volatility of CPI and Unemployment reacts positively to the oil price shocks for the post-GFC period. Research implications or Originality - The findings of this study could be helpful for both domestic and international investors to build their portfolio for the risk management since rising WTI price can be interpreted as a result of global economic growth and ensuing increase in the worldwide demand of the crude oil. Consequently, the national output is expected to increase and the currency is also expected to be strong in the long run.

• Journal of Aquaculture
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• v.18 no.2
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• pp.98-106
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• 2005

A feeding trial of two extruded pellets (EPI, 45% crude protein with 7% crude lipid and EP2, 47% crude protein with 10% crude lipid)${\times}$ two satiation rates (satiation and 80% satiation)${\times}$ three feeding frequencies (three, two and one meal a day) factorial design with three replications was carried out to investigate the optimum feeding frequency and satiation rate for growth of juvenile flounder. Flounder averaging 55 g were fed a extruded pellets for 58 days. Daily feed intake was affected by dietary composition, feeding frequency and satiation rate (P<0.05). Weight gain of fish fed the EP1 and EP2 was not affected by both dietary composition and feeding frequency (P>0.05), but affected by feeding satiation rate (P<0.05). Weight gain of fish fed the each of EP1 and EP2 twice daily with satiation was the highest among treatments, but was not significantly different to that of fish fed the diets three times daily with satiation feeding. Feed efficiency and protein efficiency ratio of the fish were not affected by dietary composition, feeding frequency and satiation rate (P>0.05). Moisture, crude protein and crude lipid contents of the muscle of fish were affected by satiation rate. Moisture and crude protein contents of the liver were affected by dietary composition. Based on fish performance results, it can be concluded that the proper feeding frequency for the growth of juvenile flounder grown from 55 g to 90 g is two meals a day with satiation feeding, regardless of dietary composition used in this study.

• Journal of the Korea Organic Resources Recycling Association
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• v.3 no.2
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• pp.69-78
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• 1995

When the food garbage of general hospital was dried by the rapid steam drying process, the water content was changed to 1.3% from 77.8~82.8%. In this experiment, weight reduction rate was 80%, and electricity consumption was 2.4Kwh. Dried compost from this rapid steam drying process was brown pellets, which was consist of 27.77% crude protein and 3.19% crude fiber. Even though these pellets were slightly short of crude fat and crude ash content, these were analysed as a possible supplementary feed for pig. On the condition of drying food garbage mixed with 5% pulverized chaff, the necessary drying time was shortened by 1 hour, weight reduction rate was 76%, and reduction rate of electricity consumption was 42%. But contents of crude fiber and crude ash were increased to about 2 times. In case of adding new food garbage continuously to the composted food garbage mixed with 3.4% pulverized chaff, weight reduction rate and contents of crude fiber and crude ash were decreased gradually, but contents of crude protein and crude fat were increased. In case of composting food garbage from buffet, both drying time and electricity consumption were reduced, and ingredients of compost were higher than that of assorted feed for pig in the market.

• Journal of the Korean Mathematical Society
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• v.33 no.2
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• pp.455-468
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• 1996

Certain analytic behavior of geometric objects defined on a Riemannian manifold depends on some very crude properties of the manifold. Some of those crude invariants are the volume growth rate, isoperimetric constants, and the likes. However, these crude invariants sometimes exercise surprising control over the analytic behavior.

• KOREAN JOURNAL OF CROP SCIENCE
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• v.45 no.3
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• pp.163-166
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• 2000

Cassia mimosoides var. nomame was grown at five phosphate rates (0, 5, 15, 25 and 35 kg/10a) at Cheju in 1998 to determine the influence of phosphate rate on growth, forage yield and quality. As phosphate rate increased from 0 to 35kg/10a, the plant growth was increased such as days to flowering, plant height, the number of branches and green leaves per plant, stem diameter and SPAD (Soil Plant Analysis Development) reading values of leaves but the number of withering leaves per plant decreased. Fresh forage yield was 3, 291kg/10a at 0 kg/10a of phosphate rate and increased 5, 200 and 5, 230 kg/10a at 25 and 35 kg/10a of phosphate level, respectively. Dry matter, crude protein and total digestible nutrients (TDN) showed the same tendency of changes as the fresh forage yield. Crude protein, crude fat, nitrogen free extract and TDN content increased but crude ash and crude fiber content decreased as the increasing of phosphate rate increased.

• Microbiology and Biotechnology Letters
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• v.25 no.5
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• pp.520-526
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• 1997

Bacterial strains which degrade Arabian Light crude oil were isolated by enrichment culture from oil-spilled soil. The strain A54 was finally selected after testing emulsifying activity and oil conversion rate. Strain A54 was identified as a Acinetobacter sp. based on the morphological, biochemical and physiological characteristics. It appears to be highly specialized for growth on Arabian Light crude oil in minimal salts medium since it showed preference for oil or degradation products as substrates for growth. It was found that it could grow on at least fifteen different hydrocarbons. The optimum cultural and environmental conditions were as follows; 25$\circ$C for temperature, 7,5 for pH, 2.0% for NaCl concentration and 2.0% for crude oil concentration. Additionally, the optimal concentration of NH$_{4}$NO$_{3}$, and K$_{2}$HPO$_{4}$, were 12.5 mM and 0.057 mM, respectively. Cell growth and emulsifying activity as a function of time were also determined. Crude oil degradation and the reduction of product peaks were identified by the analysis of remnant oil by gas chromatography. Approximately 63% of crude oil were converted into a form no longer extractable by mixed organic solvents.

• The Journal of shipping and logistics
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• v.34 no.4
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• pp.545-563
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• 2018

This study analyzes the major factors affecting the freight rates of Very Large Crude-Oil Carriers (VLCC) using co-integration and vector error correction models (VECM). Particularly, we estimate the long-term equilibrium function that determines the VLCC freight rate by conducting difference conversion. In the VECM regression analysis, the error term converges toward long-term balance irrespective of whether the previous period's freight rate is bigger or smaller than the long-term equilibrium rate. Thus, even if the current rate is different from the long-term rate, it eventually converges to the long-term balance irrespective of a boom or recession. This study follows Ko and Ahn (2018), which analyzed the factors affecting the chemical carrier freight rate and was published in the Journal of Shipping and Logistics (Vol. 34, No. 2). It is expected that an academic comparison of the results of each study will be possible if further research is conducted on other vessel types, such as container ships and dry cargo vessels.

• The Korean Journal of Food And Nutrition
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• v.24 no.3
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• pp.451-457
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• 2011

The purpose of this study was to evaluate the effects of soybean varieties on the physicochemical and sensory characteristics tofu. Five varieties of soybeans(Daewon, Jinpoung, Hwanggum, Jinmi, and Manni) were selected for these experiments. Proximate composition and total phenolic acids in the soybeans, and the moisture, turbidity, lightness, yield rate, texture characteristics, and sensory characteristics of the tofu were measured. The Hwanggum soybeans had the highest levels of crude lipid and crude ash. There was a significant difference in the moisture and yield rate of the tofu(p<0.05). The crude protein and crude lipid contents of the soybeans affected the hardness and springiness of the tofu. In sensory evaluations, significant differences(p<0.05) were shown in taste, texture, and overall acceptability depending on the tofu by soybean variety. Therefore, one should consider soybean varieties when manufacturing tofu.