• Title/Summary/Keyword: Default factor

Search Result 100, Processing Time 0.023 seconds

Impact of Fluctuations in Construction Business on Insolvency of Construction Company by Size (건설경기 변동이 규모별 건설기업 부실화에 미치는 영향 분석)

  • Lee, Sanghyo
    • Journal of the Korea Academia-Industrial cooperation Society
    • /
    • v.17 no.8
    • /
    • pp.147-156
    • /
    • 2016
  • This study analyzed the impact of changes in the construction business on construction company insolvency according to their size using the vector error correction model. First, this study applied EDF (Expected Default Frequency), which was calculated by KMV (Kealhofer, McQuown and Vasicek) model, as a variable to indicate the insolvency of construction companies. This study set 30 construction companies listed to KOSPI/KOSDAQ for estimating the EDF by size and construction companies were divided into two groups according to their size. To examine the construction business cycles, the amount of construction orders according to the type-residential, non-residential, and civil work- was used as a variable. The serial data was retrieved from TS2000 established by the Korea Listed Companies Association (KLCA), Statistics Korea. The analysis period was between the second quarter of 2001 and fourth quarter of 2015. As a result of calculating the EDF of construction companies by size, as it is generally known, the large-sized construction companies showed lower levels of insolvency than relatively smaller-sized construction companies. On the other hand, impulse response analysis based on VECM confirmed that the level of insolvency of large-scaled companies is more sensitive to business fluctuations than relatively smaller-sized construction companies, particularly changes in the residential construction market. Hence it is a major factor affecting the changes in insolvency of large-sized construction companies.

Development of CO2 Emission Factor for Wood Chip Fuel and Reduction Effects (목질계 바이오매스 중 대체연료 우드칩의 온실가스(CO2) 배출계수 개발 및 저감 효과)

  • Lee, Seul-Ki;Kim, Seung-Jin;Cho, Chang-Sang;Jeon, Eui-Chan
    • Journal of Climate Change Research
    • /
    • v.3 no.3
    • /
    • pp.211-224
    • /
    • 2012
  • Technology for energy recovery from waste can reduce the greenhouse gas emissions. So recently, there are several companies using RDF, RPF, WCF instead of using only coal fuel and it's part of the fuel on the increase. In this study, we developed Wood chip fuel $CO_2$ emission factor through fuel analysis. It's moisture content is 23%, received net calorific value is 2,845 kcal/kg, and received basis carbon is 34%. The result of emission factor is $105ton\;CO_2/TJ$, it's 5.9% lower than 2006 IPCC guideline default factor $112ton\;CO_2/TJ$. The gross GHG(Greenhouse gases) emissions of plant A is $178,767ton\;CO_2 eq./yr$, and Net GHG emissions is $40,359ton\;CO_2 eq./yr$. Therefore, the reduction of GHG emissions is $138,408ton\;CO_2/yr$ through using WCF, and I accounts for 77% of all GHG emissions.

Assessment on Nitrous Oxide (N2O) Emissions different Nitrogen Application Rates during the Red Pepper Cultivation in Flat Upland

  • Lee, Jong-Eun;Yun, Yeo-Uk;Lee, Jin-Il;Nam, Yun-Gyu;Kim, Gun-Yeob;Kim, Sun-Ju
    • Korean Journal of Soil Science and Fertilizer
    • /
    • v.47 no.1
    • /
    • pp.59-65
    • /
    • 2014
  • Generally, nitrogen (N) fertilization higher than the recommended dose is applied during vegetable cultivation for increasing in productivity. However, excessive N application rate beyond plant requirement could cause adverse environmental impact such as nitrate leaching and nitrous oxide emission. In this experiment, the impacts of N fertilization was studied on nitrous oxide ($N_2O$) emission to standardize the optimum fertilization level for minimizing of $N_2O$ emission as well as most of the crop productivity. Herein, we assessed the $N_2O$ emission in the flat upland soil which was cultivated with different N application rates on red pepper for 3 years (2010~2012). $N_2O$ emission was measured in chemical N fertilizer amounts 0 (N 0), 95 (N 0.5), 190 (N 1.0), $380(N_2.0)kgha^{-1}$ by using the abnormal shape chamber closed repeating three times. In average for 3 years, the total $N_2O$ emissions of each treatment in field of soybean were 2.110 (N 0), 3.165 (N 0.5), 5.039 (N 1.0), and $7.228(N_2.0)kgN_2Oha^{-1}yr^{-1}$, respectively. And then the primary regression between nitrogen fertilizer amount and the total $N_2O$ emission was showed as y = 0.0138x + 2.0942 ($r^2=0.9885$), and an average of the emission factor was $EF_1$ 0.0148(0.0118~0.0191) $N_2O-NkgN^{-1}kg^{-1}$ from 2010 to 2012. The result was a little higher than the emission default of the IPCC 1996 Guideline ($EF_1$ 0.0125) when the results are converted into $N_2O$ emission factor.

A study to find the operation conditions to minimize carbon footprint using a simulator(EQPS) (시뮬레이터(EQPS)를 이용한 탄소발자국 최소화 운전 방안에 대한 연구)

  • Jisoo Han;Jeseung Lee;Byonghi Lee
    • Journal of the Korea Organic Resources Recycling Association
    • /
    • v.32 no.2
    • /
    • pp.37-48
    • /
    • 2024
  • Wastewater treatment plants (WWTPs) are obligated to reduce carbon emissions as a part of public sector greenhouse gas (GHG) emission reduction targets. However, Sewage Statistics(2022) shows that CO2 emissions per wastewater treatment volumes have decreased by only 3.03 % compared to 2020, which is far from enough to meet the Nationally Determined Contribution (NDC) targets. This study aimed to find operational conditions of biological reactors that minimize total carbon footprint (CFP). Total CFP considers both direct emissions from biological processes and indirect emissions from energy consumption. A study was conducted using a computer simulation program which is called as EQPS for a 4-stage BNR WWTP. The results showed that total CFP was reduced by 10.97% compared to the design condition when the mixed liquor recirculation (MLR) was set to 100 % of the influent flow. The N2O emission factor (EF) of the target WWTP was calculated to be 0.138-0.199 %, which is significantly lower than the IPCC default value of 1.6 %. This study proposes a method to minimize total CFP in WWTPs by optimizing biological reactor operation and emphasizes the need for further research on N2O emission reduction.

Development of Calorific Values and Carbon Emission Factors for Petroleum Energy in Korea from 2012 to 2013 (2012~2013년 국내 석유계 에너지원의 열량 및 탄소배출계수 개발)

  • Lim, Wan-Gyu;Doe, Jin-Woo;Kang, Hyung-Kyu;Ha, Jong-Han;Lee, Sang-Sup
    • Journal of Korean Society for Atmospheric Environment
    • /
    • v.30 no.4
    • /
    • pp.301-310
    • /
    • 2014
  • Country-specific data for net calorific values and carbon emission factors requires for a higher tier estimate of greenhouse gas emissions in the energy sector. The objective of this study is to develop country-specific net calorific values and carbon emission factors for petroleum energy produced in Korea. Calorific values and carbon contents of the fuels were measured using the oxygen bomb calorimeter method and the CHN elemental analysis method, respectively. Sulfur and hydrogen contents, which were used to calculate the net calorific value, were also measured and then net calorific values and carbon emission factors were determined based on the measurement results. The net calorific values and carbon emission factors determined for the petroleum produced in Korea 2012 and 2013 were compared to those in the 2006 IPCC Guidelines. Most of the values were different compared with the default values of the 2006 IPCC Guidelines although those were placed within their upper and lower limits. Time series analysis results showed inconsistent seasonal variation for the net calorific values and carbon emission factors.

The Effects of Sitting Posture on Cervical Flexion Angle and Pain during Smart Phone Use in Young Adults

  • Chun, Hye-Lim;Kim, Kyung-Hun;Choi, Bo-Ram
    • Journal of Korean Physical Therapy Science
    • /
    • v.24 no.3
    • /
    • pp.56-63
    • /
    • 2017
  • Purpose: This study aimed to investigate the effects of sitting posture on cervical flexion angle and pain during smart phone use. Method: This research was performed on 10 adult female students who use smart phones regularly, Each of the two groups of participants used the provided smart phone for 20 minutes while maintaining the given default posture. The evaluation order was randomly selected and the two groups were photographed twice before and after the experiment and were asked to answer if they felt pain during or after the experiment. Result: First, both upright sitting position and vertebra bent position pre and post experiment readings showed significant statistical difference (p<.05). And it is shown to be a factor that induces pain around the neck via increase in neck flexion angle. Second, although there were no significant statistical difference between the pre and post experiment readings of the upright sitting position results and the vertebra bent position results, the vertebra bent position readings showed bigger changes to the neck flexion angle then the upright sitting position readings. Third, all participants from both groups claimed pain in all the tested postures of smart phone usage. Conclusion: Smart phone usage for an extended amount of time in all body postures may prove to have a negative effect making the "optimal" smart phone usage position as a controlled time with neck stretches included in between short sessions.

VirtualDub as a Useful Program for Video Recording in Real-time TEM Analysis (실시간 TEM 분석에 유용한 영상 기록 프로그램, VirtualDub)

  • Kim, Jin-Gyu;Oh, Sang-Ho;Song, Kyung;Yoo, Seung-Jo;Kim, Young-Min
    • Applied Microscopy
    • /
    • v.40 no.1
    • /
    • pp.47-51
    • /
    • 2010
  • The capability of real-time observation in TEM is quite useful to study dynamic phenomena of materials in a certain variable ambience. In performing the experiment, the choice of video recording program is an important factor to obtain high quality of movie streaming. Window Movie Maker (WMM) is generally recommended as a default video recording program if one uses "DV Capture" function in DigitalMicrograph$^{TM}$ (DM) software. However, the image quality does not often satisfy the condition for high-resolution microscopic analysis since the severe information loss in the final result occurs during the conversion process. As a good candidate to overcome this problem, Virtual-Dub is highly recommended since the information loss can be minimized through the streaming process. In this report, we demonstrated how useful VirtualDub works in a high-resolution movie recording. Quantitative comparison of the information quality between the images recorded by each software, WMM and VirtualDub, was carried out based on histogram analysis. As a result, the image recorded by VirtualDub was improved ~13% in brightness and ~122% in contrast compared with the image obtained by WMM at the same imaging condition. Remarkably, the gray gradation (meaning an amount of information) becomes wider up to ~115% than that of the WMM result.

Calculation of Carbon Dioxide Emissions by South Korea's Fishery Industry (한국 수산업분야 어업용 연소연료의 사용실태와 CO2 배출량의 산정)

  • Lee, Dong-Woo;Lee, Jae-Bong;Kim, Yeong-Hye;Jung, Suk-Geun;Lee, Hae-Won;Hong, Byung-Kyu;Son, Myong-Ho
    • Korean Journal of Fisheries and Aquatic Sciences
    • /
    • v.43 no.1
    • /
    • pp.78-82
    • /
    • 2010
  • Vessel numbers and fuel consumption by South Korea's offshore and coastal fisheries have continuously declined since 2000. Using the 2006 Intergovernmental Panel on Climate Change Guidelines, $CO_2$ emissions by South Korea's fishery industry (fishing and aquaculture, excluding deep-sea fishing) were calculated by the default $ CO_2$ emission factor and fuel consumption by fuel type, Emission of $CO_2$ was estimated to be 3.22 million $tCO_2$/year in 2007 for fisheries (excluding deep-sea fishing); when including deep-sea fishing, the estimated value increased to 4.11 million $tCO_2$/year. Fuel consumption per tonne of fishery production was 498 L, and the amount of $CO_2$ emission per tonne of production was 1.62 $tCO_2$. To calculate $CO_2$ emission more exactly, we must develop a system to compile energy balance statistics and introduce life-cycle assessment for the fishery industry.

Evaluation of Physical Properties as Magnesium Stearate Blendedin Hydrophilic Matrix Tablets

  • Choi, Du-Hyung;Jung, Youn-Jung;Wang, Hun-Sik;Yoon, Jeong-Hyun;Jeong, Seong-Hoon
    • Journal of Pharmaceutical Investigation
    • /
    • v.41 no.2
    • /
    • pp.83-90
    • /
    • 2011
  • Main objectives of this study were to investigate the effects of a lubricant, magnesium stearate, as blended in a hydrophilic matrix tablet and to identify significant factors using a tablet ejection force and a swelling property. The characteristics of tablet ejection were evaluated with three different compression forces (30, 40, and 60 MPa) and two controlled factors, amount of magnesium stearate and its mixing time. A hydrophilic model drug (terazosin HCl dihydrate) was regarded as a default factor. Tablet swelling was also evaluated. The optimal amount of PEG compared to PEO was set to be 88.50% w/w. As the amount of magnesium stearate was varied from 0.79% to 2.20% w/w, the amount of PEO and PEG was adjusted to meet the tablet's total weight while maintaining the ratio between the two excipients constant. As the mixing time of magnesium stearate was increased, the tablet ejection force and the swelling property were decreased. As the amount of magnesium stearate was increased, the tablet ejection force and the swelling property were decreased since the increased mixing time and the amount of magnesium stearate induced hydrophobic properties of the matrix tablet more effectively. The ejection force of the tablet increased as a result of increase in the compression force, which means that the breaking of tablet/die-wall adhesion energy was also increased when the compression energy was increased. The results gavea valuable guide how to choose suitable amount of the lubricant with processing conditions for the development of hydrophilic matrix formulations.

Parallel Operation Characteristics of Utility Interactive Photovoltaic System and Revolving Field Type Synchronous Generator (계통연계 태양광발전시스템과 회전계자형 동기발전기의 병렬운전 특성)

  • Ryu, Yeon-Soo;Yoo, Wang-Jin;Lee, Checl-Gyu;Moon, Jong-Beom
    • 한국태양에너지학회:학술대회논문집
    • /
    • 2008.04a
    • /
    • pp.43-48
    • /
    • 2008
  • Through simulations and field experiment on A.C. parallel operation of both Utility Interactive Photovoltaic System and Diesel Engine Revolving Field Type Synchronous Generator, following factors have been found. First, the inverter should be operated in three modes of frequency(mode.1: ${\pm}$0.3Hz, mode.2: ${\pm}$1Hz, mode.3: ${\pm}$2Hz) as default, considering properties of operating Synchronous Generator. Second, as a result of supplying 13.5kW of residual power, it has been found that Synchronous Generator takes the power input only as reactive power, because it was electrically stable with frequency of 60.14Hz and high voltage of 222.3V even when power factor was -0.94. Besides, it was mechanically stable, too, because the quake, noise, and temperature of Synchronous Generator in this case were 7.5mm/s, 97dB, and $6^{\circ}C$ respectively, which were lower than normal load connection of 145.6kW; 11.03mm/s. Thus, load share of Revolving Field Type Synchronous Generator reduces according to the supply of Photovoltaic System to the load power. In this experiment, 200kW of Synchronous Generator and 40kW of Photovoltaic System were operated in parallel. The load share was 20% in maximum. and 11.1lit/hr of fuel was saved.

  • PDF