• Title/Summary/Keyword: Dynamic OLS

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Elasticities in Electricity Demand for Industrial Sector (산업용 전력수요의 탄력성 분석)

  • Na, In Gang;Seo, Jung Hwan
    • Environmental and Resource Economics Review
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    • v.9 no.2
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    • pp.333-347
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    • 2000
  • We employed various econometic methods to estimate the production index elasticity and the price elasticity of elecricity demand in Korea and compared the forecasting power of those methods. Cointegration models (ADL model, Engle-Granger model, Full Informtion Maximum Likelihood method by Johansen and Juselius) and Dynamic OLS by Stock and Watson were considered. The forecasting power test shows that Dynamic OLS has the best forecasting power. According to Dynamic OLS, the production index elasticity and the price elasticity of electricity demand in Korea are 0.13 and -0.40, respectively.

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Estimating the Nature of Relationship of Entrepreneurship and Business Confidence on Youth Unemployment in the Philippines

  • CAMBA, Aileen L.
    • The Journal of Asian Finance, Economics and Business
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    • v.7 no.8
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    • pp.533-542
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    • 2020
  • This study estimates the nature of the relationship of entrepreneurship and business confidence on youth unemployment in the Philippines over the 2001-2017 period. The paper employed a range of cointegrating regression models, namely, autoregressive distributed lag (ARDL) bounds testing approach, Johansen-Juselius (JJ) and Engle-Granger (EG) cointegration models, dynamic OLS, fully modified OLS, and canonical cointegrating regression (CCR) estimation techniques. The Granger causality based on error correction model (ECM) was also performed to determine the causal link of entrepreneurship and business confidence on youth unemployment. The ARDL bounds testing approach, Johansen-Juselius (JJ) and Engle-Granger (EG) cointegration models confirmed the existence of long-run equilibrium relationship of entrepreneurship and business confidence on youth unemployment. The long-run coefficients from JJ and dynamic OLS show significant long-run and positive relationship of entrepreneurship and business confidence on youth unemployment. While results of the long-run coefficients from fully modified OLS and canonical cointegrating regression (CCR) found that only entrepreneurship has significant and positive relationship with youth unemployment in the long-run. The Granger causality based on error correction model (ECM) estimates show evidence of long-run causal relationship of entrepreneurship and business confidence on youth unemployment. In the short-run, increases in entrepreneurship and business confidence causes youth unemployment to decrease.

Association between one-leg standing ability and postural control in persons with chronic stroke

  • Choi, Bora;Hwang, Sujin;Kim, Eunjeong
    • Physical Therapy Rehabilitation Science
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    • v.9 no.3
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    • pp.165-170
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    • 2020
  • Objective: To investigate the association between one-leg standing ability and postural control for chronic hemiparetic stroke. Design: Cross-sectional study. Methods: Forty individuals who had a first diagnosis of stroke with hemiparesis before six months and over had participated in this study. To analyze the relationship between one-leg standing ability and postural control in the participants, six clinical measurement tools were used for assessment, including the Timed-Up-and-Go (TUG) test, Berg Balance Scale (BBS), Dynamic Gait Index (DGI), Fugl-Meyer Assessment (FMA), 5 times sit-to-stand (5TSTS) and one-leg standing (OLS). Results: After analyzation, the OLS scores in the more-affected side showed significant positive correlations with BBS scores (r=0.469, p<0.01), DGI scores (r=0.459, p<0.01).and FMA scores (r=0.425, p<0.01). The OLS scores in the more-affected side showed significant negative correlations with TUG score (r=-0.351, p<0.05). The OLS score in the less-affected side showed significant positive correlations with BBS scores (r=0.485, p<0.01), DGI scores (r=0.488, p<0.01) and FMA score (r=0.352, p<0.05). The OLS scores in the less-affected side showed significant negative correlation with TUG scores (r=-0.392, p<0.05) and 5TSTS (r= -0.430, p<0.01). The OLS scores in the more-affected side showed significant positive correlations with the OLS scores in less-affected side (r=0.712, p<0.01). Conclusions: The results of the study suggest that the OLS time may be moderately correlated with static and dynamic postural stabilities and motor recovery following stroke. This study also suggests that the OLS test is as a simple clinical tool for predicting postural control performance for individuals with chronic hemiparetic stroke.

The Long-Run Elasticity of Electricity Demand Using Dynamic OLS (동태적 OLS를 이용한 전력수요의 장기 탄력성 연구)

  • Na, In-Gang
    • Environmental and Resource Economics Review
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    • v.9 no.1
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    • pp.49-69
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    • 1999
  • 본 연구는 1983년부터 1996년까지의 월별 자료를 이용하여, 전력 수요의 장기 탄력성을 추정하였다. 공적분모형인 Stock-Watson(1993)의 동태적 OLS(Dynamic OLS) 모형을 이용하여, 전력수요의 장기가격탄력성과 소득탄력성을 추정하였다. 장기균형식을 이용한 결과를 살펴보면, 실질국내총생산의 장기탄력성은 0.23으로 나타났으며, 실질전력요금의 장기탄력성은 -0.12로 추정되었다. 이와 같은 결과는 가격과 소득이 전력수요에 직접적 영향을 미치는 것을 의미한다. 단기오차수정모형에서 오차수정항의 계수는 -0.23으로 추정되었으며, 이는 단기적으로 장기수요곡선을 이탈하였을 경우 단기적 불안정이 새로운 균형을 찾아가는 기간이 약 4.4 개월 걸리는 것을 의미한다.

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Effect of organoclay on the dynamic properties of SBR compound reinforced with carbon black and silica (유기화 클레이의 첨가가 실리카 및 카본블랙를 함유한 SBR 복합체의 동적 특성에 미치는 영향)

  • Son, M.J.;Kim, W.
    • Elastomers and Composites
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    • v.41 no.4
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    • pp.260-267
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    • 2006
  • SBR (styrene-butadiene rubber; 25 wt% of solid contents) nanocomposites reinforced with OLS(organically modified layered silicates) were manufactured via the latex method. Two types of OLS are prepared, i.e. dodecylamine (primary amine) modified montmorillonite (DA-MMT) and N, N-dimethyldodecylamine (tertiary amino) modified MMT (DDA-MMT). X-ray diffraction (XRD) and transmission electron microscopy (TEM) were employed to characterize the layer distance of OLS and the morphology of the nanocomposites. SBR nanocomposites reinforced with ternary phase filler (carbon black/silica/OLS) systems also manufactured. Dynamic mechanical thermal analysis (DMTA) was performed on these composites to determine the loss factor (tan $\delta$) over a range of temperature($-20^{\circ}C{\sim}80^{\circ}C$). The results showed that there was significant changes on the values or tan $\delta$ with the addition of small amount of the OLS. By increasing the contents of OLS, the values of tan $\delta$ at $0^{\circ}C$ increased but those of tan $\delta$ at $60^{\circ}C$ decreased with increasing OLS contents.

SBR/Organoclay Nanocomposites for the Application on Tire Tread Compounds

  • Kim, Wook-Soo;Lee, Dong-Hyun;Kim, Il-Jin;Son, Min-Jin;Kim, Won-Ho;Cho, Seong-Gyu
    • Macromolecular Research
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    • v.17 no.10
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    • pp.776-784
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    • 2009
  • N,N-dimethyldodecylamine (tertiary amine)-modified MMT (DDA-MMT) was prepared as an organically modified layered silicate (OLS), after which styrene-butadiene rubber (SBR) nanocomposites reinforced with the OLS were manufactured via the latex method. The layer distance of the OLS and the morphology of the nanocomposites were characterized by X-ray diffraction (XRD) and transmission electron microscopy (TEM). By increasing the amount of N,N-dimethyldodecylamine (DDA) up to 2.5 g, the maximum values of torque, tensile strength and wear resistance of the SBR nanocomposites were increased due to the increased dispersion of the silicate layers in the rubber matrix and the increased crosslinking of the SBR nanocomposites by DDA itself. When SBR nanocomposites were manufactured by using the ternary filler system (carbon black/silica/OLS) to improve their dynamic properties as a tire tread compound, the tan $\delta$(at $0^{\circ}C$ and $60^{\circ}C$) property of the compounds was improved by using metal stearates instead of stearic acid. The mechanical properties and wear resistance were increased by direct substitution of calcium stearate for stearic acid because the filler-rubber interaction was increased by the strong ionic effect between the calcium cation and silicates with anionic surface. However, as the amount of calcium stearate was further increased above 0.5 phr, the mechanical properties and wear resistance were degraded due to the lubrication effect of the excessive amount of calcium stearate. Consequently, the SBR/organoclay nanocomposites that used carbon black, silica, and organoclay as their ternary filler system showed excellent dynamic properties, mechanical properties and wear resistance as a tire tread compound for passenger cars when 0.5 phr of calcium stearate was substituted for the conventionally used stearic acid.

The Usefulness of Clinical Balance Tests in Elderly : Correlation of Balance Evaluation using by Forceplate (노인에서 임상적 균형평가 지수들의 유용성 : 힘판을 이용한 균형평가와의 상관관계)

  • Woo, Young-Keun;Hwang, Su-Jin;Lee, Woo-Hyung
    • PNF and Movement
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    • v.8 no.1
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    • pp.67-77
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    • 2010
  • Purpose : The purpose of this study was to investigate the usefulness of clinical balance tests through the correlation of balance evaluation using by forceplate in elderly. Methods : Thirty nine healthy elderly subjects (14 males, 25 females) participated in the study. The subjects were evaluated with clinical balance tests [(Berg balance scale (BBS), Functional reach test (FRT), Tinetti's performance oriented mobility assessment (POMA), and one leg standing (OLS)]. Static balance evaluation was assessed by using forceplate. Center of pressure (COP) parameters were obtained using it as total path distance, total sway area, X mean frequency and Y mean frequency for 20 seconds in the following conditions: (1) comfortable standing with eyes opened and closed, (2) uncomfortable standing with eyes opened and closed. After static balance evaluation tested, dynamic balance evaluation was assessed. COP parameters were error distance and area during sine curve trace. COP parameters were movement time, error distance, and maintained time in the circle during COP movement task. Results : Clinical balance tests showed statistically significant correlation between static and dynamic balance evaluations. Among the clinical balance tests, the BBS, POMA, and OLS showed significant correlation with to assess the balance ability of elderly in clinical setting both evaluations. Conclusion : Clinical balance tests can be recommended in clinical setting because of low costs and simplicity.

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Estimating China Long-run Energy Demand Functions with Cointegration Approaches (중국의 중장기 에너지 수요함수 추정 및 비교분석)

  • Jung, Sukwan;Yang, Yu;Won, DooHwan
    • International Area Studies Review
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    • v.20 no.3
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    • pp.3-22
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    • 2016
  • This paper uses Dynamic OLS(DOLS) approach to estimate the long-run energy demand functions. The results are compared with those of standard cointegration approach. Cointegration tests verify that there is a cointegration among energy consumption, real GDP, and energy price in China. Johansen approach and DOLS approach are more appropriate to estimate for the long-run energy demand function than Engle-Granger Cointegration approach. DOLS provided significant negative sign of price while Engle-Granger did not. Based on the DOLS results, the elasticities of real GDP and energy price on energy consumption are 0.83 and -0.45 respectively, and their statistical significances are high.

Relationship between Kinesiotaping and compression wear for postural balance in healthy men: a cross-sectional study

  • Choi, Nak-Hoon;Hwang, Sujin
    • Physical Therapy Rehabilitation Science
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    • v.9 no.4
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    • pp.275-280
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    • 2020
  • Objective: Compression wear is an external aid which promotes performance and recovery, diminishes muscular microtrauma, reduces muscle fiber recruitment, improves neuromechanics, enhances coordinative activities, and reduces the perceived exertion. The purpose of this study was to investigate the relationship between athletic taping and compression wear on dynamic postural balance in healthy young men. The hypothesis was that the athletic taping and compression wear would affect dynamic postural balance, with athletic taping having a different effect on dynamic postural balance in healthy young adults. Design: Cross-sectional study. Methods: Thirty-seven healthy young men participated in this study. To examine the association between athletic taping and compression wear, 3 clinical measurement tools, including 5 times sit-to-stand (5xSTS), one-leg standing (OLS) test, and Y-balance test (YBT) in 5 different conditions, namely (1) non-supporting, and support with (2) athletic taping, (3) regular compression wear, (4) silicon compression wear, and (5) double-fiber compression wear were used. Results: The distance of the Y-balance test (YBT) on both the dominant and non-dominant sides showed a statistically difference among the 5 supporting conditions (p<0.05). The distance measured via the YBT in the non-support condition was significantly different than that in the other four supporting conditions (p<0.05). However, 5xSTS and OLS were not significantly different in these supporting conditions. Conclusions: The results of this study suggest that athletic taping, silicon compression wear, and double-fiber compression wear were more effective for dynamic balance than non-supporting and regular compression wear.

Impact of a Fall-Prevention Exercise Program on Balance, Gait, Lower Limb Strength, and Psychosocial Characteristics in Older Adults with Dementia (낙상예방 운동 프로그램이 치매 노인의 균형, 보행과 하지 근력, 심리사회적 특성에 미치는 영향)

  • Choi, Gi-young;Kim, Suhn-yeop
    • Journal of the Korean Society of Physical Medicine
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    • v.14 no.1
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    • pp.75-89
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    • 2019
  • PURPOSE: This study measured the impact of a 12-week fall-prevention exercise program on balance, ambulatory ability, lower limb strength, and psychosocial characteristics in older adults diagnosed with dementia. METHODS: The participants comprised 31 older adults (9 men, 22 women) diagnosed with Alzheimer's or vascular dementia at a long-term care hospital located in Gunsan City. A fall-prevention exercise program was provided to the experimental group, while the control group was only provided with instruction and materials related to the fall-prevention exercise program. The participants were evaluated before the intervention, 6 weeks after the intervention, and 12 weeks after the intervention on static and dynamic balance abilities (using Timed Up and Go test: TUG, Tinetti-balance scale, one-leg standing test: OLS), gait (Tinetti-balance scale, 6-minute walk test: 6MWT), lower limb strength (sit to stand test; STS), and psychosocial characteristics (Short Form 36 Health Survey-Korean version, Korean Mini-Mental State Exam). RESULTS: An independent samples t-test and repeated measures analysis of variance were used for the statistical analysis. There were statistically significant improvements after the intervention (p<.05) in dynamic balance abilities (TUG and OLS using the left foot), gait (6MWT), and lower limb strength (STS) for the experimental group, but not for the control group. No difference was seen in psychosocial characteristics. CONCLUSION: Older adults with dementia who participated in the fall-prevention exercise program showed significant improvements in their static and dynamic balance abilities, lower limb strength, and ambulatory ability after the intervention.