• Economic and Environmental Geology
• /
• v.29 no.4
• /
• pp.447-454
• /
• 1996

Clay mineral geothermometry using sericites and chlorites in Bobae sericite mine reveals that these clay minerals formed at relatively high temperature. It appears that sericites formed at around $200{\sim}350^{\circ}C$ and chlorites formed at around $250^{\circ}C$. X-ray diffraction study of these minerals reveals that sericite 2M, type and chlorite lib type are dominant phases. Both polytypes indicate that the precipitation temperatures of these minerals shows fairly good agreement with the estimated temperature by clay mineral geothermometry. The Bobae sericite mine was formed at relatively higher temperature than several non-metal ore deposits occurred in the southern part of Korea.

• East Asian Economic Review
• /
• v.18 no.4
• /
• pp.367-394
• /
• 2014

In this study, we examined the fractal structure of the Nikkei225, HangSeng, Shanghai Stock Exchange and Straits Times Index of Singapore. Empirical analysis was performed via non-parametric, semi-parametric long memory tests and also fractal dimension calculations. In order to avoid spurious long memory features, besides the Detrended Fluctuations Analysis (DFA), we also used Smith's (2005) modified GPH method. As for fractal dimension calculations, they were conducted via Box-Counting and Variation (p=1) tests. According to the results, while there is no long memory property in log returns of any index, we found evidence for long memory properties in the volatility of the HangSeng, the Shanghai Stock Exchange and the Straits Times Index. However, we could not find any sign of long memory in the volatility of Nikkei225 index using either the DFA or modified GPH test. Fractal dimension analysis also demonstrated that all raw index prices have fractal structure properties except for the Nikkei225 index. These findings showed that the Nikkei225 index has the most efficient market properties among these markets.

• Communications of the Korean Mathematical Society
• /
• v.37 no.4
• /
• pp.1181-1197
• /
• 2022

We give a complete classification of simply connected and solvable real Lie groups whose nontrivial coadjoint orbits are of codimension 1. This classification of the Lie groups is one to one corresponding to the classification of their Lie algebras. Such a Lie group belongs to a class, called the class of MD-groups. The Lie algebra of an MD-group is called an MD-algebra. Some interest properties of MD-algebras will be investigated as well.

• Proceedings of the Korean Institute of Building Construction Conference
• /
• 2019.05a
• /
• pp.163-164
• /
• 2019

Curtain wall is constructed in various forms and designs by forming the exterior walls of a building, and refers to non-bearing walls that divide the exterior and interior spaces of a building. Curtain walls require not only wind pressure, but also waterproof, insulation, insulation, and durability, as well as the effects of recent frequent earthquakes. Studies on the sleeve used to connect the vertical member mullions in the process of high-rise curtain walls are insufficient. In this study, sleeves connecting curtain wall mullions were developed to absorb external displacement, and the purpose of this study was to evaluate economic feasibility through comparison with existing construction methods.

• East Asian Economic Review
• /
• v.28 no.3
• /
• pp.315-357
• /
• 2024

The rapid development of China's digital economy has enabled China to lead the world in financial technology (FinTech). In this context, it is imperative to study the impact of FinTech at the macro level on the sources of R&D financing for micro-enterprises. Using the data of A-share listed companies on the main boards of China's Shanghai and Shenzhen cities and the municipal-level FinTech development index from 2011 to 2020, this paper conducts an empirical test by applying the system generalized method of moments estimation (system GMM). Fintech facilitates firms' external financing of R&D. There is significant heterogeneity across different types of firms, with fintech facilitating R&D financing more strongly for young and non-state firms. This study not only complements the literature on the impact of fintech on R&D financing but also has essential practical guidance significance, which can provide valuable guidance and assistance to different types of enterprises in their R&D financing decision-making process.

• Journal of Korea Port Economic Association
• /
• v.35 no.1
• /
• pp.39-56
• /
• 2019

This study addresses the management performance of the retail industry in Korea. The Non-store e-commerce business, consisting of TV home shopping and online shopping, grew very fast during the 2000s. For roughly six years in the 2010s, the diversification of online shopping business models, intensifying competition, and the proliferation of competition accelerated the entry of offline shopping retailers. During the analysis period from 2001 to 2016, the performance of the Non-­store e-commerce business was statistically better than that of the offline shopping retail business, department stores, general retailers, and small­-sized retailers. As expected, a significant difference between performance and some of the indicators of growth and activity could be seen because of the capital and operating structure of the retail industry. In particular, the Non-store e-commerce businesses have diverse sales media and heterogeneous business models. In this study, we have presented the significance of the differences in the indicators of operating profit and inventory turnover, as well as the discussion required for managing in the future.

• Proceedings of the KIPE Conference
• /
• 2010.07a
• /
• pp.101-102
• /
• 2010

This paper represents about the characteristics of wind turbine industry of the west-south seashore of Leading Industry Development for Honam Economic Region. These projects have 8 R&D and 3 non R&D project. The period of these projects is from October 2009 to April 2012. The R&D projects are composed three bright prospect products (1) the base construction of MW off-shore wind turbine components and system with Outer-rotor type PMSG, (2) the Development of 3MW wind power system with accommodation of the west-south seashore, and (3) the development of hybrid wind turbine system with wind base construction. Also, the non-R&D projects are composed three parts with above three bright prospect products. Above two projects support the companies with characteristic of low speed wind turbine system. Other project supports the companies related to wind turbine with small and medium capacity of form 3 kW to 10kW.

• East Asian Economic Review
• /
• v.24 no.1
• /
• pp.89-124
• /
• 2020

Even with the sizable Foreign Exchange (FX) holdings and good credit ratings of its top assets, Asia remains vulnerable to various shocks. This paper highlights the limited cross-border asset pledgeability as a significant factor for the lingering vulnerability in Asia. The dichotomy in asset holdings between pledgeable FX and non-pledgeable domestic assets in major economies in Asia has been the source of increasing stabilization costs as well as weakened market momentum in the region. Specifically, the peculiar feature of asset holdings in Asia reflects seriously deficient cross-border asset pledgeability that is left unaddressed. Asset pledgeability contributes toward financial stability via three channels: 1) capital market development by recognizing the role of collateral, 2) increased shock absorption capacity via collateral management, 3) and the newly activated safe asset provision. Therefore, it is crucial to go beyond the usual market development strategy and expand the overall asset pledgeability in the region that has remained unduly depressed.

• Journal of the Korean Regional Science Association
• /
• v.14 no.2
• /
• pp.107-126
• /
• 1998

Since the election of governors and mayors by vote, many local governments in Korea establish long-range plans for their regional development. The major purposes of the plans are to set up development path for their communities and to devise economic development strategies. But most of the plans established thus formulated by the same method utilized in centralized political regime. This method is considered no longer appropriate to devise the long-range development plans for local government especially in the era of globalization and localization, where local governments behave independently, where local governments behave independently competition. We suggest an alternative way to establish such plans, based on the method employed in business sector. The plans, formulated in this way, are called strategy oriented long-range development plans. The underlying logic for the plans is non-linear one. The plans are issue oriented and focus more on process than outcome. Given that these features are properly incorporated in the plans, we expect that the strategy oriented long-range development plans can be genuine guidelines for local economic development in the years to come.

• East Asian Economic Review
• /
• v.21 no.1
• /
• pp.29-58
• /
• 2017

The third pillar of the Basel II highlights the role of market discipline in easing the existing pressure on traditional monitoring measures like capital requirement and government supervision. This study test the effectiveness of market discipline in inducing prudential risk management practices among the East Asian banks over the 1995 to 2005 period. Market discipline is measured using information disclosure and interbank deposit holdings. We find that only the latter is an effective market discipline tool. However, the former becomes effective when market concentration is higher. We find that government owned, foreign owned and recapilatised banks are subject to market disciplining when disclosure in taken account but the opposite is true when interbank deposits is taken into account. Finally, we find that banks that disclose more risk related information hold more capital against their non-performing loan. The implications of the findings are discussed.