• Environmental and Resource Economics Review
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• v.32 no.4
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• pp.267-292
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• 2023

In this paper, we estimate a time series model of energy demand in the industrial sector with an asymmetric response to energy prices. Including the asymmetric response to energy prices in the model strengthens robustness of the cointegration relationship and reduces the variation of the estimated coefficients across the estimating methods. We find that rising energy prices have a larger impact on energy demand than falling energy prices, with the largest impact occurring when energy prices rise to new highs. The estimation results are partially improved when using gross output rather than value added as a measure of production. Using single equation methods to estimate the asymmetric response model, the elasticity of gross output ranged from 1.05 to 1.09 and the elasticity of price-rise ranged from -0.48 to -0.56, which is similar to the results of international studies.

• Journal of KIISE:Computing Practices and Letters
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• v.6 no.5
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• pp.505-512
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• 2000

In this paper, an adaptive multimedia synchronization scheme for VOD (Video On Demand) services in internet environments is proposed. This scheme considers the characteristics of MPEG (Moving Picture Expert Group) system stream. Consequently, the intra-synchronization is handled at the pack layer, and the inter-synchronization is handled at the packet layer. The proposed scheme can cope adaptively with variation of packet loss, jitter and client's playback capacity. If there are variations of the packet loss or client's playback capacity, the server will change the transmission rate by selective picture skip. The client can then adjust and control the playback time according to the variation of the network jitter. Our experimental results show that the proposed scheme can quickly adapt to the network condition, and can guarantee a better quality of service than the other existing schemes.

• Korean Journal of Construction Engineering and Management
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• v.12 no.1
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• pp.33-42
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• 2011

Part of material and inventory management is one of important factor for business interests. But importance of material and inventory management in domestic construction project has been relatively devalued. The existing study of inventory has been studied with limited individual factor about inventory management. Therefore construction material management needs improvement via an accurate prediction with whole and systematic process viewpoint. and existing theory of material and inventory introduction to construction from manufacturing needs reflecting characteristics about construction project. This paper suggests material management process for economic material management. This paper to make a unit curtain wall of case construction project comparison between total cost of existing material management process and total cost of economic order quantity of proposal material management process To verify usefulness of order point and order quantity determination process.

• The Journal of Fisheries Business Administration
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• v.22 no.2
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• pp.53-74
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• 1991

Interest on ocean environment has increased with the development of industrialized activities. Public marine resorces are defined broadly to include fish stocks, beaches, marine waters, recreational fishing, biota, waterfowls, shorebirds, seabirds and marine mammals But, it is not easy to analyze compensation for injury to publicly owned marine resources because the claimants do not exist clearly and the economic methodology of damage on public goods is not developed fully. This paper introduces basic idea of welfare economic theory and environmental legislation to the research question : How the economics and law can be applied to the case of damage on publicly owned marine resource. The paper discusses the concepts of willingness to pay (WTP) and willingness to accept (WTA). It is accepted generally that WTA is correct concept of welfare change in the case of damaged public goods. Four methods (compensating variation, equivalent variation, compensating surplus, equivalent surplus of measuring welfare changes are compared. Compensating variation(CV) is the best measure of welfare changes are compared. Compensating variation(CV) is the best measure of welfare changes caused by environmental damage. Vartia (1983) showed CV could be measured from the ordinary demand function using the differential equations. This paper also provides an overview of the emerging U.S. and Korea legal system for compensation for natural resource damages, with particular emphasis on U.S. legal system under Comprehensive Environmen-tal Response Compensation and Liability Act (CERCLA). These regulations are to include two different types of standardized procedures for assessing natural resources injury : Type A or simplified assessment techniques for small releases ; and Type B protocols that would include detailed and extensive assessment methodologies for major releases. Type A procedures are specified by Natural Resources Damage Assessment Model for Coastal and Marine Environment (NRDAM/CME) of the U.S. CERCLA provides a legal 'legitimization for the use of economic-based nonmarket valuation in the courts and have introduced appropriate and accurate nonmarket valuation methods based on willingness to-pay for damage assessment. By briefly reviewing economic theory and environmental legislation, we hope to help provide a better understanding of the compensation process and the economics of publicly owned marine resources in the U.S. and to integrate the economics and law of natural resources valuation into a single comprehensive package in Korea.

• Journal of Korean Society on Water Environment
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• v.28 no.4
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• pp.551-560
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• 2012

The objectives of this study were to elucidate spatio-temporal heterogeneity of water chemistry and develop empirical models using trophic variables in Daechung Reservoir during 2005-2010 along with in situ tests of nutrient enrichment bioassays (NEB). The relations of water quality parameters in regard to precipitation showed that seasonal and interannual fluctuations of biological oxygen demand (BOD), total nitrogen (TN) and pH were minor, whereas conductivity, suspended solids (SS), and total phosphorus (TP) were largely varied in response to the magnitude of rainfall. The CHL maxima occurred immediately after the spate of TP during the high flow, indicating that phytoplankton growth was directly controlled by phosphorus. Empirical linear models of CHL-TP indicated that the variation of CHL in premonsoon was accounted 60% ($R^2$ = 0.60, p < 0.05, n = 54) by TP. In the mean time, empirical models of annual CHL-TN showed that the variation of CHL was weakly accounted ($R^2$ = 0.16, p < 0.001) by TN and more strongly ($R^2$ = 0.44, p < 0.001) by TP. Thus, the variation of CHL was more explained by the variation of TP than TN. In situ tests of Nutrient Enrichment Bioassays (NEBs) showed that the growth of CHL was greater in the P-treatments (as $PO_4-P$) than the control and N-treatment (as $NO_3-P$). Overall, our results suggest that phosphorus was aprimary limiting nutrient controlling the seasonal phytoplankton growth, based on the in situ experiments of NEBs.

• The Korean Journal of Applied Statistics
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• v.27 no.3
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• pp.387-396
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• 2014

The GDP gap (also called the output gap) is the difference between potential GDP and actual GDP. Potential GDP is the maximum sustainable output that is achieved when the resources (labor and capital) are used to capacity. Central banks pursuing price and employment stability consider the output gap as an informative variable for monetary policy since the output gap could be regarded as a proxy of demand-supply imbalances. In this paper, the GDP gap of Korea is decomposed following the filtering method in the previous research, and major factors that affect the variation of GDP gap are investigated based on the decomposed series. The analysis results by the Super Smoother algorithm used in Fox et al. (2003)and Fox and Zurlinden (2006) are found consistent with theory. Much of the variation of nominal GDP gap is explained by Total Factor Productivity(TFP) gap, which is the change of productivity due to recent technological innovation and environmental change. It is also found that variation of terms of trade significantly affects the GDP gap of Korea due to its high dependency on international trade; however, the effect of the domestic price is not negligible like other countries.

• Advances in environmental research
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• v.2 no.3
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• pp.203-227
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• 2013

Global demand for dwelling energy and implications of changing climatic conditions on buildings confront the built environment to build sustainable dwellings. This study investigates the variability of future climatic conditions on newly built detached dwellings in the UK. Series of energy modelling and simulations are performed on ten detached houses to evaluate and predict the impact of varying future climatic patterns on five building performance indicators. The study identifies and quantifies a consistent declining trend of building performance which is in consonance with current scientific knowledge of annual temperature change prediction in relations to long term climatic variation. The average percentage decrease for the annual energy consumption was predicted to be 2.80, 6.60 and 10.56 for 2020s, 2050s and 2080s time lines respectively. A similar declining trend in the case of annual natural gas consumption was 4.24, 9.98 and 16.1, and that for building emission rate and heating demand were 2.27, 5.49 and 8.72 and 7.82, 18.43 and 29.46 respectively. The study further analyse future heating and cooling demands of the three warmest months of the year and ascertain future variance in relative humidity and indoor temperature which might necessitate the use of room cooling systems to provide thermal comfort.

• Earthquakes and Structures
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• v.5 no.4
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• pp.439-459
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• 2013

Main objective of the present study is to determine the statistical properties and suitable probability distribution functions of spectral displacements from nonlinear static and nonlinear dynamic analysis within the frame work of Monte Carlo simulation for typical low rise and high rise RC framed buildings located in zone III and zone V and designed as per Indian seismic codes. Probabilistic analysis of spectral displacement is useful for strength assessment and loss estimation. To the author's knowledge, no study is reported in literature on comparison of spectral displacement including the uncertainties in capacity and demand in Indian context. In the present study, uncertainties in capacity of the building is modeled by choosing cross sectional dimensions of beams and columns, density and compressive strength of concrete, yield strength and elastic modulus of steel and, live load as random variables. Uncertainty in demand is modeled by choosing peak ground acceleration (PGA) as a random variable. Nonlinear static analysis (NSA) and nonlinear dynamic analysis (NDA) are carried out for typical low rise and high rise reinforced concrete framed buildings using IDARC 2D computer program with the random sample input parameters. Statistical properties are obtained for spectral displacements corresponding to performance point from NSA and maximum absolute roof displacement from NDA and suitable probability distribution functions viz., normal, Weibull, lognormal are examined for goodness-of-fit. From the hypothesis test for goodness-of-fit, lognormal function is found to be suitable to represent the statistical variation of spectral displacement obtained from NSA and NDA.

• Journal of Korean Library and Information Science Society
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• v.13
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• pp.131-166
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• 1986

This study is designed to review the methods of duplicate copies decision making in the academic library. In this thesis, I surveyed queueing & markov model, statistical model, and simulation model. The contents of the study can be summarized as follows: 1) Queueing and markov model is used for one of duplicate copies decision-making methods. This model was suggested by Leimkuler, Morse, and Chen, etc. Leimkuler proposed growth model, storage model, and availability model through using system analysis method. Queueing theory is a n.0, pplied to Leimkuler's availability model. Morse ad Chen a n.0, pplied queueing and markov model to their theory. They used queueing theory for measuring satisfaction level and Markov model for predicting user demand. 2) Another model of duplicate copies decision-making methods is statistical model. This model is suggested by Grant and Sohn, Jung Pyo. Grant suggested a model with a formula to satisfy the user demand more than 95%, Sohn, Jung Pyo suggested a model with two formulars: one for duplicate copies decision-making by using standard deviation and the other for duplicate copies predicting by using coefficient of variation. 3) Simulation model is used for one of duplicate copies decision-making methods. This model is suggested by Buckland and Arms. Buckland considered both loan period and duplicate copies simultaneously in his simulation model. Arms suggested computer-simulation model as one of duplicate copies decision-making methods. These methods can help improve the efficiency of collection development and solve some problems (space, staff, budget, etc, ) of Korean academic libraries today.

• Journal of Korean Society of Transportation
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• v.17 no.5
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• pp.69-78
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• 1999

This paper defines the reliable based route choice Principle and formulates the reliability based equilibrium traffic assignment using the Principle. The reliability is defined as the difference of travel demand and capacity using the interference theory of the system engineering. An efficient solution a1gorithm based on Frank-Wo1fe algolithm is Presented to calculate and compare the reliability based traffic assignment with conventional travel time based assignment using small and large scaled road networks. The results show that reliability based traffic assignment converges to equilibrium solution in a reasonable computing time. The equilibrium link flows between reliability and travel time based traffic assignment differ each other in the sense that reliability based assignment is assigned based on the maximum difference of travel demand and link capacity whilst travel time based is assigned on the shortest travel time.