• The Korean Journal of Applied Statistics
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• v.26 no.3
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• pp.521-529
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• 2013

The acceptance of the test of the homogeneity for panel time series models allows for the pooling of the series to achieve parsimony. In this paper, we introduce a panel bilinear time series model as well as derive the stationary condition and the limiting distribution of the test statistic of the homogeneity test for the model. For the applications study, we use Korea Mumps data from January 2001 to December 2008. Finally, we perform test of homogeneity for the panel data with 8 independent bilinear time series.

• Progress in Superconductivity and Cryogenics
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• v.4 no.2
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• pp.73-77
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• 2002

In order to derive the detailed design of Thermal Shield Cryopanel. which plays a role to make the Tokamak Nuclear Fusion Equipment work at both static and efficient conditions the commercially available software package FLUENT Version 5.3, was utilized. This study investigated the effects of thermal sources and distributions on the temperatures of Lid. Body. Base. and EH-Port Cryopanel by the numerical technique whose grid generations cover the solid and 9as region of the panel. The physical model of the Thermal Shield Cryopanel is that the 10mm diameter of the pipe with 1mm thickness is soldered on the Stainless steel Panel with 4mm thickness. The heat fluxes to the panel are assumed to be by thermal radiation in the vacuum space and by conduction through the supporters. The inlet conditions of Helium gas are 20 atmospheric Pressures and 60K temperature. The panel shapes with cooling Pipes and the operational conditions to keep appropriate temperature distribution of Thermal Shield Cryopanel Have been found and suggested.

• The Journal of Asian Finance, Economics and Business
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• v.7 no.11
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• pp.23-31
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• 2020

This paper investigates the impact of monetary policy independence shock on bond yield by allowing for heterogeneous coefficients in the model based on panel data for 19 developing countries using quarterly data from 1991 to 2016. First, we estimate the model using conventional panel VAR estimation with the assumption of homogeneous coefficients across countries. Second, by performing Chow and Roy-Zellner tests to check the homogeneity assumption, we find that the assumption does not hold in the model. Third, we apply a mean-group estimation for panel VAR as a solution for heterogeneity panel model. The results reveal that central bank independence is effective in reducing bond yield with the maximum at period 6 after the shock. Shock one standard deviation bond yield has a negative effect on consumption and investment. We determine that central bank independence has a contradictory effect on real activity; a negative effect on consumption but a positive influence on investment for the first two years after the shock. Additionally, we split our sample into three groups to make the subgroups pool. Our empirical result shows that monetary policy independence shock reduces bond yield. Meanwhile, the response of economic activity to bond yield varies for all three groups.

• The Journal of Asian Finance, Economics and Business
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• v.9 no.4
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• pp.173-183
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• 2022

The objective of this research is to examine the influence of the COVID-19 pandemic on stock markets in a few developing and developed countries. This study uses daily data from January 2020 to May 2021 and obtained from World Health Organization and Thomson Reuters. The secondary data was evaluated through panel econometric methodology that includes different unit root tests, and to analyze the long-run relationship between variables, panel cointegration techniques were applied. The long-run causality among variables was examined through Panel Vector Error Correction Model. The overall findings of this study suggest a long-run association exists between several cases and death with the stock returns of the GCC and other stock markets. Furthermore, the VECM model also identified a long-run causality running from COVID cases and death towards the stock rerun of both sets of stock markets. However, a subsequent Wald test yielded mixed results, indicating no short-run causality between cases and deaths and stock returns in both groups; however, in the case of GCC, several COVID-19 cases are having a causal impact on stock markets, which is notable in light of the fact that the death rate in GCC is significantly lower than in many developed and developing countries.

• Journal of Distribution Science
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• v.10 no.12
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• pp.13-17
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• 2012

Purpose - The Asia-Pacific Economic Cooperation (APEC) forum has evolved and is actively facilitating free and open trade. It is debated whether APEC has effectively reduced trade barriers in a preferential manner to encourage liberalized trade and whether increased trade between member countries has reduced trade with nonmember countries. Research designs, data, methodology -This paper empirically tests whether APEC creates or diverts trade, using an extended gravity model with tariff rates, exchange rates, and dummy variables to analyze how APEC affects intra-trade between members.The model utilizes the annual panel data between 1990 and 2007 of 16 selected APEC members and nonmembers. Results - Results reveal the changing role of APEC only between 2002 and 2007 has it created trade, fostering increased trade among trading partners and between members and nonmembers. Conclusion - APEC can be expected to demonstrate a stronger trade creating effect once its advanced and developing members complete tariff reductions by 2010 and 2020, respectively.

• The Journal of the Korea institute of electronic communication sciences
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• v.12 no.4
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• pp.615-620
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• 2017

In this study, we have developed the resistive leakage current detecting and tripping circuit breaker based on a 32bit ARM processor. The developed leakage circuit breaker can be operated in a desired trip threshold within 0.03 seconds as specified in KS C 4613. This resistive leakage current breaker is expected to be applicable as a circuit breake for prevention of electric fires and electric shock in smart distribution panel.

• The Journal of the Korea institute of electronic communication sciences
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• v.12 no.1
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• pp.109-114
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• 2017

In this study, we have developed the active leakage current detection module based on a MSP430 processor, 16bit signal processor. This module can be operated in a desired trip threshold within 0.03 seconds as specified in KS C 4613. This developed module is expected to be applicable as a module for prevention of electric shock in smart distribution panel of smart grid.

• International Journal of Human Ecology
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• v.14 no.2
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• pp.69-78
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• 2013

This study analyzed the changes in household consumption expenditure of retired households using Korean panel data. We compared the pre and post retirement-consumption levels in different consumption categories using panel data. Paired t-test showed that changes in the consumption patterns before and after retirement were not significant except for the households in the third net worth quartile. Analyzing the effect of retirement on the level of household consumption expenditure, this study found that the effect of retirement was not significant in overall, although retirement had a negative effect on the level of consumption expenditure among households in the lowest net worth distribution. Understanding changes in consumption patterns of retiring households provides important information to design social security policies.

• Journal of Korean Society of Rural Planning
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• v.24 no.3
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• pp.25-31
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• 2018

This study analyzed factors influencing cultivation area of two major apple cultivars, Fuji and Hongro, applying the panel SUR model to survey data from farms. Characteristics of farms, distribution factors, and weather factors were the independent variables of the model. The analysis indicated that characteristics of farms, distribution factors, and weather factors influence the cultivation area of Hongro and Fuji. The independent variables were also found to have different levels of influence on increase and decrease of the cultivated area. Helping predict changes in cultivation area of Hongro and Fuji, the research results can be used as primary data to support efforts to prevent price fluctuations due to changes in supply.

• International Journal of Naval Architecture and Ocean Engineering
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• v.6 no.4
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• pp.1064-1081
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• 2014

This paper presents a numerical analysis of slamming and whipping using a fully coupled hydroelastic model. The coupled model uses a 3-D Rankine panel method, a 1-D or 3-D finite element method, and a 2-D Generalized Wagner Model (GWM), which are strongly coupled in time domain. First, the GWM is validated against results of a free drop test of wedges. Second, the fully coupled method is validated against model test results for a 10,000 twenty-foot equivalent unit (TEU) containership. Slamming pressures and whipping responses to regular waves are compared. A spatial distribution of local slamming forces is measured using 14 force sensors in the model test, and it is compared with the integration of the pressure distribution by the computation. Furthermore, the pressure is decomposed into the added mass, impact, and hydrostatic components, in the computational results. The validity and characteristics of the numerical model are discussed.