• Journal of Advanced Navigation Technology
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• v.24 no.3
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• pp.173-183
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• 2020

This research focused on such a passenger sample that used to fly between Incheon int'l airport(ICN) and Dubai int'l airport(DXB) using either a national carrier or gulf carriers because the route between ICN and DXB is one of the international air routes with the toughest competition under the global pressure of open air transport market. Based on the results from the empirical research, this paper proposed a competitive advantage which a national carrier must have to cope with global competition under the open sky policies and implications for sustainable strategies of them. National carrier passengers perceived product benefits had a significant positive effect on price reliability in spite of lower price competitiveness. Following the empirical analysis results, it was proven a national carrier should try to improve product benefit sought by passengers to maintain sustainable competitive advantage in the market against foreign airlines.

• 한국해양학회지
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• v.26 no.4
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• pp.324-331
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• 1991

Laboratory experiments were undertaken in mixing chamber to study the water-in-oil emulsion formation tendency, stability and formation rate of 16 crude oils. Arabian, Iran, Dubai, Isthmus and Daekyung crudes showed high emulsion formation tendency and had water contents of 80-90%. Emulsions of crude oils of middle East were very stable, while Isthmus and Daekyung sudes formed unstable emulsion. Emulsion formation tendency rate, and stability showed significant correlations with asphaltene content of crude oil. To evaluate the possibility of preventing mousse formation, inhibition ability of several dispersants and demulsifier was tested. They inhibited mousse formation at 0.1-0.2% concentrations (v/v). Emulsion inhibition by chemical treatment delayed the time of formation, but did not decrease water content. Demulsifying ability of dispersants and demulsifier was tested because biscous emulsion causes formidable problems in skimming, pumping and recovery operation. British demulsifier Alcohol 0 showed excellent emulsion breaking efficiency at 0.1% of emulsion Vol..

• Environmental and Resource Economics Review
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• v.16 no.4
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• pp.947-978
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• 2007

In this paper, we investigated a Value-at-Risk approach to the volatility of two crude oil markets (Brent and Dubai). We also assessed the performance of various VaR models (RiskMetrics, GARCH, IGARCH and FIGARCH models) with the normal and skewed Student-t distribution innovations. The FIGARCH model outperforms the GARCH and IGARCH models in capturing the long memory property in the volatility of crude oil markets returns. This implies that the long memory property is prevalent in the volatility of crude oil returns. In addition, from the results of VaR analysis, the FIGARCH model with the skewed Student-t distribution innovation predicts critical loss more accurately than other models with the normal distribution innovation for both long and short positions. This finding indicates that the skewed Student-t distribution innovation is better for modeling the skewness and excess kurtosis in the distribution of crude oil returns. Overall, these findings might improve the measurement of the dynamics of crude oil prices and provide an accurate estimation of VaR for buyers and sellers in crude oil markets.

• Journal of the Korean Society for Aeronautical & Space Sciences
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• v.38 no.12
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• pp.1232-1239
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• 2010

A high-resolution electro-optical camera (EOS-C Ver.3.0), the mission payload of an Earth observation satellite, is under development in Satrec Initiative. We designed this system to give improved thermal performance compared with the EOS-C Ver.2.0 which is the main payload of DubaiSat-1 by optimizing the active and passive thermal control design. We developed the Structural-Thermal Model (STM) and verified the design margin by performing the qualification level thermal vacuum test. We also conducted the verification of its Thermal Mathematical Model (TMM) through the thermal balance test. As a result, it was confirmed that TMM faithfully represents the thermal characteristics of the EOS-C Ver.3.0.

• Environmental and Resource Economics Review
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• v.19 no.3
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• pp.485-508
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• 2010

This paper examines the long memory property and investigates cointegration in the dynamics of crude oil markets. For these purposes, we apply the joint ARMA-FIAPARCH model with structural break and the vector error correction model (VECM) to three daily crude oil prices: Brent, Dubai and West Texas Intermediate (WTI). In all crude oil markets, the property of long memory exists in their volatility, and the ARMA-FIAPARCH model adequately captures this long memory property. In addition, the results of the cointegration test and VECM estimation indicate a bi-directional relationship between returns and the conditional variance of crude oil prices. This finding implies that the dynamics of returns affect volatility, and vice versa. These findings can be utilized for improving the understanding of the dynamics of crude oil prices and forecasting market risk for buyers and sellers in crude oil markets.

• Journal of Pharmacopuncture
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• v.16 no.4
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• pp.14-21
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• 2013

Objectives: The objective of this study was to examine how an integrated approach to type 2 diabetes mellitus treatment could improve glycemic control and immune-potentiating activities adherent to oral hypoglycemic agents along with a botanical compound, among primary care patients. Methods: In this study, we used the self-control and the group-control methods. Candidates meeting the trial conditions were selected from among volunteers who had taken the test substance for 45 days. During the trial, all groups were on a controlled diet; neither were the original medications nor their dosages changed. Results: The results showed that the botanical compound (Glyco-Persica$^{(R)}$) significantly reduced the main clinical symptoms in diabetes type 2. In the treatment group, 36 of 52 patients (69.23%) and in the control group 10 of 52 patients (19.23%) showed reduced symptoms, and this difference was statistically significant (P < 0.05). The fasting blood sugar in the treatment group after treatment compared with that before treatment and with that in the control group after treatment was statistically different (P < 0.05). The post-prandial glucose in the treatment group after treatment was significantly different from that before treatment and from that in the control group after treatment (P < 0.05); the post-prandial blood sugar in the treatment group was reduced by 8.98%. Conclusions: The results revealed that the botanical compound (Glyco-Persica$^{(R)}$) has significant hypoglycemic properties which affect main clinical symptoms in diabetes type 2. Body weight, blood pressure, heart rate, routine blood, stool and urine tests showed no meaningful negative changes after the course of treatment. There was no significant adverse reaction during the trial.

• Korean Journal of Construction Engineering and Management
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• v.9 no.4
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• pp.75-83
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• 2008

In the previous comparative studies of international competitiveness conducted before 2003, Korean construction productivity had been estimated to be lower (or poor) than that of developed countries such as US, UK, and Japan. However, the amount of international contracts Korean has won increased substantially, and Korean construction has progressed with creating two skyscrapers such as Petronas Tower and Burj Dubai. At this point we need to reevaluate what we are capable of. In this paper, we evaluated international competitiveness of our construction industry comparing to advanced countries by analyzing labor productivity. For evaluating construction competitiveness we measured labor productivity using the value of construction work in US dollar per hour based on domestic and foreign statistical data and analyzing completion days per a story and the ratio of underground floors to ground floors of buildings in Korea and Japan. As a result, although our construction productivity is not yet competitive with the US and Japan yet, we excel the UK.

• Journal of the Korean Society for Aeronautical & Space Sciences
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• v.37 no.8
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• pp.798-804
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• 2009

A high-resolution electro-optical camera system, EOS-C, is under development in Satrec Initiative. This system is the mission payload of a 400-kg Earth observation satellite. We designed this system to give improved opto-mechanical and thermal performance compared with a similar camera system to be flown on the DubaiSat-1 system. The thermal control subsystem (TCS) of the EOS-C system uses heaters to meet the opto-mechanical requirements during in-orbit operation and it uses different thermal coating materials and multi-layer insulation (MLI) blankets to minimize the heater power consumption. We performed its thermal analysis for the mission orbit using a thermal analysis model and the result shows that its TCS satisfies the design requirements.

• Journal of Korea Port Economic Association
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• v.34 no.4
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• pp.125-140
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• 2018

This study uses daily price data on three major types of crude oil (Brent, Dubai, and WTI) and BDI from January 2, 2009 to June 29, 2018, to compare the relationship between crude oil prices and BDI for rate of change and volatility. Unlike previous studies, the correlation between BDI and crude oil prices was analyzed both the rate of change and variability, VARs, Granger Causality Test, and the GARCH and DCC models were employed. The correlation analysis, indicated that the crude oil price change rate and volatility affect the BDI change rate and that BDI volatility affects the crude oil price change rate and volatility. The relationship between oil prices and BDI is identified, but their correlation is low, which is likely a result of lower dependence on crude oil as demand for natural gas increases worldwide and demand for renewable energy decreases. These trends could result in lower correlations over time. Therefore, focusing on the changing demand for raw materials in future investments in international shipping(real economy) and oil markets and macroeconomic analysis is necessary.

• International Journal of High-Rise Buildings
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• v.4 no.4
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• pp.227-239
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• 2015

This paper discusses the design parameters that are required for the design of high-rise building foundations, and suggests that the method of assessment for these parameters should be consistent with the level of complexity involved for various stages in the design process. Requirements for effective ground investigation are discussed, together with relevant in-situ and laboratory test techniques for deriving the necessary strength and stiffness parameters. Some empirical correlations are also presented to assist in the early stages of design, and to act as a check for parameters that are deduced from more detailed testing. Pile load testing is then discussed and a method of interpreting bi-directional tests to obtain pile design parameters is outlined. Examples of the application of the assessment process are described, including high-rise projects in Dubai and Saudi Arabia.