• Title/Summary/Keyword: Decrease rate

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The Impact of Exchange Rate on Exports and Imports: Empirical Evidence from Vietnam

  • NGUYEN, Nga Hong;NGUYEN, Hat Dang;VO, Loan Thi Kim;TRAN, Cuong Quoc Khanh
    • The Journal of Asian Finance, Economics and Business
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    • v.8 no.5
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    • pp.61-68
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    • 2021
  • The exchange rate is considered a tool improving the volume of exports and reducing imports. This paper aims to determine the impact of the exchange rate on exports and imports between Vietnam and the United States in the context of the trade war. The research uses Autoregressive Distributed Lag (ARDL) and Nonlinear Autoregressive Distributed Lag (NARDL) Model in the time-series data from 2010:1 to 2020:9. The ARDL's results support that real exchange rate impact on export and import volumes, but less than the trade war. The trade war helps trade balance increase 0.35%, while the exchange rate increases trade balance 0.191% when the Vietnamese currency devalues 1% in the long run. In the short term, the real exchange rate makes the trade balance decrease. Therefore, the J curve exists between Vietnam and the U.S. The NARDL expresses that the exchange rate is asymmetric both in the short term and the long term. The findings of this study point to two important elements. Firstly, the exchange rate plays a minor role in exports and imports. Secondly, trade war plays a vital role in increasing exports and imports volume between two countries, and the J curve exists between the two countries.

Exchange Rate Volatility and FDI Response during the Financial Crisis: Empirical Evidence from Vietnam

  • HUONG, Tram Thi Xuan;NGUYEN, My-Linh Thi;LIEN, Nguyen Thi Kim
    • The Journal of Asian Finance, Economics and Business
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    • v.8 no.3
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    • pp.119-126
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    • 2021
  • This study is to examine the foreign direct investment (FDI) response to real effective exchange rate volatility in Vietnam by using the vector autoregression model. The research data are quarterly frequency data in the period from 2004:Q1 to 2019:Q2. The data on real effective exchange rate were collected from the statistics of Bruegel (Europe) and FDI data were collected from the International Financial Statistics. The quantitative study was conducted with two steps: (1) measuring exchange rate volatility by the GARCH(1,1) method; and (2) examining the impact of exchange rate volatility on FDI in the context of the global financial crisis. The estimation results show that FDI responded significantly to real exchange rate volatility with the lag of 3 periods at the 5% significance level. The FDI response increased after the exchange rate volatility with the lag of 3 periods, and the impact extended to the lag of 6 periods, and then gradually stabilized. The research findings indicate that FDI in Vietnam responds positively and significantly to exchange rate volatility with the lag of 3 periods. Simultaneously, the negative impact of the global financial crisis in 2008 with the lag of 2 periods leads to a slight decrease in FDI inflows into Vietnam.

Simulation on the shape of tuna longline gear (다랑어 연승어구의 형상에 관한 시뮬레이션)

  • 이지훈;이춘우
    • Journal of the Korean Society of Fisheries and Ocean Technology
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    • v.39 no.4
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    • pp.305-317
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    • 2003
  • Underwater shape and hook depth in tuna longline gear are important factors to decide fishing performance. It also should be considered that management and analysis of hooked rate data from hooked fish species and sizes, and each fishing would be used as a reference data in the future fishing. In this research, after analyzing underwater shape of tuna longline gear by current direction and speed using simulation, experiments were executed in flume tank to verify accuracy of the analysis. Also using the depth of each hook from the simulation, a database system was setup to process the data of bait and hooked fish species. The results were as follows;1. When the attack angle and the shortening rate are fixed, a decrease of the hook depth is proportion to an increase of current speed. 2. When the shortening rate and current speed are fixed, a decrease of hook depth is proportion to an increase of attack angle. 3. When the attack angle and velocity of flow are fixed, a decrease of hook depth is proportion to an increase of shortening rate 4. As a result of comparison between the underwater shape by simulation and that by model gear, the result of the simulation was very close to that of model gear within $$ {\pm}3%$$ 3% error range. 5. In this research, hooked rate database system using hook depth of simulation can analyze the species and size of fish by the parameter; bait. hook depth, so It could be helpful to manage and analyze the hooked data on the field.

The Effect of an Art Therapy Program based on Reality Therapy on Weight Control, Body Image, and Self-esteem of College Students (현실요법에 기초한 미술치료 프로그램이 대학생의 체중조절과 신체상 및 자아존중감에 미치는 효과)

  • Kim, Won-Gyung;Park, Jeong-Hee
    • Journal of the Korean Society of School Health
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    • v.14 no.2
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    • pp.249-268
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    • 2001
  • This study was carried out to identify the effects of an art therapy program based on reality therapy on the weight control, body image, and self-esteem of college students. The program was developed by the authors. The design was a pretest-post test control group design. The subjects were college students attending M college : 8 in experimental group A, 6 in experimental group 2, who wanted to control their body weight and 16 in the control group who didn't attend the program those in the experimental group attended the program once (group A) or twice (group B) per week meeting a total of six times. The data were analyzed by quantity method (SPSS 10.0 program) and quality method(process analysis). The results were as follows : 1. The average obesity index of pre-test, post-test, and a follow-up test decreased from 8.9% to 6.1%, 3.7%. And the rate of decrease both pre-post and post-follow up were statistically significant 2. The average obesity index of group A decreased from 9.6% to 6.3%, 4.1% and the rate of decrease between pre and post were statistically significant. But the rate of decrease between post and follow-up were statistically not significant 3. The average obesity index of group B decreased from 7.8% to 5.8%, 3.1% and the rate of decrease between pre and post were not significant statistically. But the rate of decrease between post and follow-up were statistically significant 4. The average scores of pre and post body image increased and were statistically significant : group A from 129.0 to 153.5, group B from 127.7 to 155.2. 5. The average scores of pre and post semantic differential method increased and were statistically significant: group A from 38.1 to 44.1, group B from 38.0 to 45.0. 6. The average scores of pre and post self-esteem increased: group A increased from 37.3 to 40.3 and were statistically significant, group B increased from 36.5 to 39.5 but was statistically insignificant 7. The average scores of pre and post obesity rate, body image, semantic differential method and self-esteem in the control group were not statistically significant 8. The pre and post scores of body image(p=.001), semantic differential method(p=.001) and self-esteem(p=.039) between experimental and control group were statistically significant. 9. In Duncan multiple comparison, it was not statistically significant between group A and B, but statistically significant between group A and the control group, group B and the control group in obesity index, body image, semantic differential method. There was no statistically significance among the three groups in self esteem 10. In Duncan multiple comparison, group A gained higher scores than group B in obesity index(-1.2%), and self esteem(0. 3). Group B gained higher scores than group A in body image(3. 0), and semantic differential method(1. 0). So it is difficult to conclude whether group A or B is more effective. In conclusion, the art therapy program based on reality therapy was effective in weight the control program of college students: obesity was decreased, the scores of body image and semantic differential method and self-esteem were increased. The scores of group A were increased more than group Band were statistically significant, The time interval was a very important factor in this program. The recommendation is : the validity of this program has to be tested through various subjects and in various areas. And also this program has to be tested in other topics.

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The Increase of Seeds Germination in Albizzia julibrissin, Lespedeza cyrtobotrya and Lespedeza cuneata by Microbial Treatment (미생물에 의한 자귀나무·참싸리·비수리 종자의 발아촉진)

  • Cha, Go-Woon;Hur, Young-Jin;Ahn, Tae-Young
    • Journal of the Korean Society of Environmental Restoration Technology
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    • v.11 no.3
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    • pp.107-115
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    • 2008
  • Herbs and plants widely used for the ecological restoration were selected for germination rate analysis under treatment of microorganisms to determine ideal treatment conditions and medium for enhanced germination rate. Albizzia julibrissin, when submerged in a nutrient medium or distilled water, presented a decrease in germination period rather than increase in germination rate. When treated with microorganism culture solution (JM-2) for 24 hours, 90% germination was achieved in two days, which is sufficient evidence to conclude that such treatment accelerates the germination of Albizzia julibrissin. Germination period decreased for Lespedeza cyrtobotrya samples submerged in microorganism solution for 15 and 48 hours, however, increases in germination rates were not observed. Sample treated in the solution for 24 hours had increased germination rate and enhanced germination period. Microorganism solution treatment had a negative effect on germination for Lespedeza cuneata, unlike Lespedeza cyrtobotrya and Albizzia julibrissin. Microorganism treated seeds of Lepsedeza cuneata had a lower germination rate than that of the control with no treatment. However, submerging treatments in a nutrient medium or distilled water for 24 to 48 hours were proven effective with higher germination rates than control sample with no treatment. Herbs and plants widely used for the ecological restoration were selected for germination rate analysis under treatment of microorganisms to determine ideal treatment conditions and medium for enhanced germination rate. Albizzia julibrissin, when submerged in a nutrient medium or distilled water, presented a decrease in germination period rather than increase in germination rate. When treated with microorganism culture solution (JM-2) for 24 hours, 90% germination was achieved in two days, which is sufficient evidence to conclude that such treatment accelerates the germination of Albizzia julibrissin. Germination period decreased for Lespedeza cyrtobotrya samples submerged in microorganism solution for 15 and 48 hours, however, increases in germination rates were not observed. Sample treated in the solution for 24 hours had increased germination rate and enhanced germination period. Microorganism solution treatment had a negative effect on germination for Lespedeza cuneata, unlike Lespedeza cyrtobotrya and Albizzia julibrissin. Microorganism treated seeds of Lepsedeza cuneata had a lower germination rate than that of the control with no treatment. However, submerging treatments in a nutrient medium or distilled water for 24 to 48 hours were proven effective with higher germination rates than control sample with no treatment.

A Study on Performance Characteristics of Small Airlift Pump (소형 에어리프트 펌프의 성능특성에 관한 연구)

  • Oh, S.K.;Lee, G.Y.
    • Journal of Power System Engineering
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    • v.4 no.3
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    • pp.34-39
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    • 2000
  • Performance data in the literature on air lift pumps have been based primarily on pumps of long length and large diameter (high lift pumps). Since mariculture operations involve pumps of relatively short length and small diameter, performance data are required for efficient operation. To provide such data, an experimental apparatus was designed and fabricated to test all lift pumps from 2.1 to 3.4 cm inside diameter and from 40 to 300 cm in length. Instrumentation was provided to measure water flow rate and air flow rate as well as water temperature, air temperature, and pressure throughout the system. Results from this study correlate well with high lift pump data in that, for a given pump geometry, maximum water flow occurs for a specific air flow rate. Driving the pump with air flows larger or smaller than this optimum flow rate will decrease the pumping rate. The optimum flows are significantly different for low lift pumps compared to high lift pumps. However, the pumping rate for low lift pumps approaches that for high lift pumps with increasing length.

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Does Asymmetric Relation Exist between Exchange Rate and Foreign Direct Investment in Bangladesh? Evidence from Nonlinear ARDL Analysis

  • QAMRUZZAMAN, Md.;KARIM, Salma;WEI, Jianguo
    • The Journal of Asian Finance, Economics and Business
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    • v.6 no.4
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    • pp.115-128
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    • 2019
  • The study aims to investigate the pattern of relationships such as symmetric or asymmetric, between exchange rate and foreign direct investment in Bangladesh by applying Autoregressive Distributed Lagged (ARDL) and nonlinear ARDL. In this study, we employed quarterly data for the period of 1974Q1 to 2016Q4. Data were collected and aggregated from various sources namely, Bangladesh Economic Review published by Ministry of Finance and statistical yearbook published by Bangladesh Bureau of Statistics and an annual report published by Bangladesh Bank. The relationship between exchange rate and FDI inflows attract immense interest in the recent periods, especially for developing countries' perspective. The results of the study ascertain the long run relationship between FDI, exchange rate, monetary policy, and fiscal policy. Considering the asymmetric assumption, the findings from NARDL confirm the existence of a long-run asymmetric relationship in the empirical equation. In the long run, it is observed that positive change that is the appreciation of exchange rate against USD decrease FDI inflows and negative shocks results in grater inflows of FDI, however, the positive shocks produce higher intensity that negative shocks in Exchange rate. For directional causality, the coefficients of error correction term confirm long-run causality, in particular, bidirectional causality unveiled between FDI and exchange rate.

The Relationship of Specific Phosphorus Release / Uptake Rate and Specific Oxygen Uptake Rate considering the Sludge Retention Time in the A/O Process (A/O공정에서 슬러지체류시간에 따른 인 방출 및 섭취속도와 비산소소비율과의 상관관계)

  • Choi, Jung Soo;Lee, Kwang Hyun;Joo, Hyun Jong;Kim, Sung Chul
    • Journal of Korean Society on Water Environment
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    • v.26 no.3
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    • pp.468-473
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    • 2010
  • The purpose of this study is to derive the correlation between the Specific Phosphorus Release Rate (SPRR), Specific Phosphorus Uptake Rate (SPUR) and Specific Oxygen Uptake Rate (SOUR) at various Sludge Retention Time (SRT) condition in the A/O process. The laboratory scale reactor was operated on various SRT (10 day, 20 day, 30 day, 40 day). In this study, the SPRR, SPUR and SOUR tended to decrease with the SRT increase. Empirical equations was be obtained $y=4.54E-006x^2+0.0007x-0.0315$, $R^2=0.925$ (SOUR vs. SPRR) and $y=3.22E-006x^2+0.0004x-0.0173$, $R^2=0.928$ (SOUR vs. SPUR) from the relationship between SRT, SPRR and SPUR and SOUR. Therefore, the anaerobic tank design based on the research result such as SPRR, SPUR of a phosphorus design and SOUR would be possible.

A Study on the Local Regression Rate of Solid Fuel in Swirl Injection Hybrid Rocket (스월 인젝션 하이브리드 로켓의 고체연료 국부 후퇴율에 관한 연구)

  • Kim, Soo-Jong;Lee, Jung-Pyo;Kim, Gi-Hun;Cho, Jung-Tae;Moon, Hee-Jang;Sung, Hong-Gye;Kim, Jin-Kon
    • Proceedings of the Korean Society of Propulsion Engineers Conference
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    • 2008.05a
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    • pp.77-81
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    • 2008
  • The local regression rate behavior of solid fuel in swirl injection hybrid rocket were studied. In generally, axial injection regression rate was tending to be decrease with axial distance, beyond which increased with increasing axial distance from the leading edge. On the other hand, swirl injection regression rate was high at the leading edge of the fuel and comparatively uniform regression rate at the downstream. Overall regression rate of swirl injection was increased about 54% for the overall regression rate of axial injection. Through this study, it was found that using swirl injector was useful in applying to the small sounding rocket.

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Effects of Charge-discharge Rate on Morphology and Resistance of Surface Film on a Graphite Negative Electrode in an Ethylene Carbonate-based Solution (탄산 에틸렌계 용액 중에서 생성되는 흑연 음극 표면피막의 형상 및 저항에 미치는 충방전 속도의 영향)

  • Jeong, Soonki;Kim, Pogyom
    • Transactions of the Korean hydrogen and new energy society
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    • v.24 no.2
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    • pp.179-185
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    • 2013
  • The behavior of surface film formation was greatly dependent on the speed of potential cycling. In $LiClO_4$ / EC + DEC, cyclic voltammetry results showed that the peaks originated from surface film formation on graphite electrode at the high charge-discharge rate was shifted to the lower potentials as the charge-discharge rate decrease. This indicates that surface films with different morphology and thickness were formed by different charge-discharge rate. Transmission electron microscopy (TEM) results indicated that the properties such as thickness and morphology of the surface film were greatly affected by the charge-discharge rate. Electrochemical impedance spectroscopy (EIS) showed that the resistance of surface film was affected by the speed of potential cycling. In addition, the charge transfer resistance was also dependent on the charge-discharge rate indicating that the charge transfer reaction was affected by the nature of surface film. TEM and EIS results suggested that the chemical property as well as the physical property of the surface film was affected by the charge-discharge rate.