• Asia-Pacific Journal of Business
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• v.14 no.1
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• pp.341-350
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• 2023

Purpose - How are gains from trade distributed between countries when economic integration is achieved through free trade? The purpose of this paper is to answer this question. Design/methodology/approach - This study attempts to address the issue of distribution of trade gains between participating countries following economic integration in terms of positive economics. The analysis is therefore based on a theoretical methodology. Findings - First, commodity prices fall and consumer surplus increases in both large and small countries. Second, when economic integration into free trade is achieved, gains from trade always exist in small countries. However, the size of trade gains depends on the degree of difference from the market size of the partner country, the large country. However, the size of the gains from trade depends on the extent of difference between the market size of the large country. If the market size of a large country is much larger and there is a large difference, trade gains will be very large, whereas if the market size is similar, profits of domestic firm will decrease. Therefore, in that case, the size of the gains from trade becomes relatively small because only the gains from exchange exists. On the other hand, in a large country with a large market size, there is a possibility of trade gains only when the market size is similar to that of a small country, which is a trading partner. However, if there is a large difference in market size, the decrease in profits of domestic firm is relatively larger than the increase in consumer surplus due to trade, and rather, a trade loss occurs. Research implications or Originality - Our analysis contributes to filling the gaps in the literature regarding the distribution of gains from trade, and from a policy point of view, it is meaningful in examining the impact of market size, an important variable considered in regional economic integration of countries.

• Structural Engineering and Mechanics
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• v.81 no.4
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• pp.461-479
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• 2022

A finite element method analysis framework is introduced for the free vibration analyses of functionally graded porous beam structures by employing two variables trigonometric shear deformation theory. Both Young's modulus and material density of the FGP beam element are simultaneously considered as grading through the thickness of the beam. The finite element approach is developed using a nonlocal strain gradient theory. The governing equations derived here are solved introducing a 3-nodes beam element. A comprehensive parametric study is carried out, with a particular focus on the effects of various structural parameters such as the dispersion patterns of GPL reinforcements and porosity, thickness ratio, boundary conditions, nonlocal scale parameter and strain gradient parameters. The results indicate that porosity distribution and GPL pattern have significant effects on the response of the nanocomposite beams.

• Journal of the Korean Institute of Telematics and Electronics B
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• v.33B no.4
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• pp.91-99
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• 1996

A hybrid approach employing both the genetic algorithm and the newton-raphson method is proposed for the electrical impedance computed tomography (EICT) image reconstruction. Computational experiments based on the new concept have shown promising results for several noise-free models. In particular, the resistance distribution of the tested models having resistivity ratio up to 100:1 has been reconstructed sucessfully. Using the proposed mehtod, it is also possible to get the reconstruction by the conventional iterative approaches be difficult to vonverge to a robust solution. If the compution power is enhanced further, the proposed method is expected to stimulate the practical applications of the EICT technology in the near future.

• Structural Engineering and Mechanics
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• v.23 no.3
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• pp.217-232
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• 2006

A crack model for the fracture in concrete based on meshless method is proposed in this paper. The cracks in concrete are classified into micro-cracks or macro-cracks respectively according to their widths, and different numerical approaches are adopted for them. The micro-cracks are represented with smeared crack approach whilst the macro-cracks are represented with discrete cracks that are made up with additional nodes and boundaries. The widely used meshless method, Element-free Galerkin method, is adopted instead of finite element method to model the concrete, so that the discrete crack approach is easier to be implemented with the convenience of arranging node distribution in the meshless method. Rotating-Crack-Model is proved to be preferred over Fixed-Crack-Model for the smeared cracks of this composite crack model due to its better performance on mesh bias. Numerical examples show that this composite crack model can take advantage of the positive characteristics in the smeared and discrete approaches, and overcome some of their disadvantages.

• Bulletin of the Society of Naval Architects of Korea
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• v.13 no.2
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• pp.13-43
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• 1976

A potential flow approach is used to develop a method and an associated computer program for floating marine structures of general configuration in wave of all water depths with arbitrary heading. It computes the total force distributions and six degrees-of-freedom motion. The hydrodynamic-force equations and derived become identical under certain assumptions to the equations commonly used by the offshore industry, and the two methods are compared in detail. The computed motions of all six degree agree quite well with model-scale and full-scale experimental data for two typical semisubmersible drilling rigs in finite-depth water. Also the presented motion computations are more accurate than a previous work by the second approach. The present computations use experimentally validated or determined values of frequency-dependent hydrodynamic coefficients with the effects of the free surface and both finite and infinite water depths. The present method generates sufficient computation accuracy to use for practical design applications.

• Proceedings of the KSRS Conference
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• 2007.03a
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• pp.126-129
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• 2007

In this paper, an iterative MAP approach using a Bayesian model based on the lognormal distribution for image intensity and a GRF for image texture is proposed for despeckling the SAR images that are corrupted by multiplicative speckle noise. When the image intensity is logarithmically transformed, the speckle noise is approximately Gaussian additive noise, and it tends to a normal probability much faster than the intensity distribution. The MRF is incorporated into digital image analysis by viewing pixel type s as states of molecules in a lattice-like physical system defined on a GRF. Because of the MRFGRF equivalence, the assignment of an energy function to the physical system determines its Gibbs measure, which is used to model molecular mteractions. The proposed adaptive iterative method was evaluated using simulation data generated by the Monte Carlo method. In the extensive experiments of this study, the proposed method demonstrated the capability to relax speckle noise and estimate noise-free intensity.

• Steel and Composite Structures
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• v.24 no.5
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• pp.523-536
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• 2017

A layerwise (LW) formulation based on the Galerkin method is presented to investigate the three-dimensional stress state in long sandwich plate which is subjected to tension force and pure bending moment. Based on the Galerkin method and the LW discretization approach, the equilibrium equations of elasticity for the long plate are written in the weak form and discretized through the thickness of the plate. The discretized equations are written in terms of displacement components of the numerical layers. The governing equations of the plate are solved analytically for the free edge boundary conditions. The distribution of stress state especially the 3D stress state in the vicinity of the edges of the sandwich plate which is subjected to tension and pure bending is studied. In order to increase the accuracy, the out of plane stresses are obtained by integrating the equilibrium equations of elasticity. The convergence and accuracy of the predictions are studied and various numerical results are presented for distribution of the in-plane and out of plane stresses in symmetric and un-symmetric sandwich plates.

• Journal of Korean Society of Rural Planning
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• v.13 no.4
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• pp.1-8
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• 2007

The dichotomous-choice contingent valuation method is applied to estimate the landscape value of Jeju Island's stonewall fencing farming land. A distribution-free approach, Turnbull empirical distribution model, is employed to solve negative willingness to pay and truncation problems. The data used are collected from the interviews with tourist about willingness-to-pay at the various donation amount levels of Jeju stonewall's landscape value. The evaluation result is shown that the average amount of willingness to pay for the Jeju stonewall fencing farming land is 3,001 won per meter with standard deviation of 511.0 won/m.

• Smart Structures and Systems
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• v.1 no.3
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• pp.309-324
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• 2005

This paper presents an efficient and accurate coupled beam model for piezoelectric bimorphs based on improved first-order shear deformation theory (FSDT). The model combines the equivalent single layer approach for the mechanical displacements and a layerwise modeling for the electric potential. General electric field function is proposed to reasonably approximate the through-the-thickness distribution of the applied and induced electric potentials. Layerwise defined shear correction factor (k) accounting for nonlinear shear strain distribution is introduced into both the shear stress resultant and the electric displacement integration. Analytical solutions for free vibrations and forced response under electromechanical loads are obtained for the simply supported piezoelectric bimorphs with series or parallel arrangement, and the numerical results for various length-to-thickness ratios are compared with the exact two-dimensional piezoelasticity solution. Excellent predictions with low error estimates of local and global responses as well as the modal frequencies are observed.

• Journal of Korean Society of Industrial and Systems Engineering
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• v.36 no.1
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• pp.36-43
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• 2013

Many retailer store managers are experiencing the situation where some customers balk at purchasing products if the stock is low. In this paper, we extend the single period newsvendor model in an environment of customer balking behavior occurring at double threshold inventory levels assuming the chance of sales during balking is a discrete function of inventory level. Our analysis is based on the assumption that only the mean and the variance of demand are known, without assuming any specific distributional form. We derive the explicit general expression of optimal order quantity with unknown distribution of demand with double threshold inventory levels of customer balking. Then, we illustrate the concepts developed here through simple numerical examples and conclude the future research topics under balking situation.