• Title/Summary/Keyword: Economic property

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A Study on the Physical Property of concrete using Industrial by-product and Alkali Activators (산업부산물과 알칼리 활성제를 사용한 콘크리트의 물리적 특성에 관한 연구)

  • Lee, Sun-Kwan;Kim, Young-Su
    • Proceedings of the Korean Institute of Building Construction Conference
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    • 2013.11a
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    • pp.54-55
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    • 2013
  • Recently, The economic growth has increased carbon dioxide emissions. so, It is caused by social problem to environmental damage and human health due to global warming. Accordingly, The method solution is to the amount of cement and to use industrial by-product such as Blast furnace slag, Fly Ash, and Red-mud. Thus, The purpose of this study is to analyze the physical property of concrete with red-mud. So, this study carries out the basic performance test of concrete such as, air content, slump, and compressive strength. In this work test is conducted according to sequence of materials using concrete twin mixer.

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Intellectural Property Rights and Innovation: Evidence from EPO Patenting Data (특허권강화는 기술혁신에 대한 유효한 인센티브인가? EPO 특허자료를 중심으로)

  • Seo, Hwan-Joo;Ahn, Jung-Hwa
    • Journal of Technology Innovation
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    • v.12 no.3
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    • pp.49-71
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    • 2004
  • Using panel data, this paper investigates the impacts of the strengthening of intellectual property rights (IPRs) on innovative activity. The estimation results indicate the following important implications. First, IPRs alone do not play a significant role. Second, the effect of IPRs is strong and significant only when it is interacted with complementary environments for innovation. This finding suggests that IPRs play a significant role only via a specific channel of interaction such as the stage of economic development, institutional environment and trade openness. Third, the significant correlation is not identical across countries implying that some countries were positively affected while others were negatively affected. Those countries are identified as well.

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Automatic and objective gradation of 114 183 terrorist attacks using a machine learning approach

  • Chi, Wanle;Du, Yihong
    • ETRI Journal
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    • v.43 no.4
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    • pp.694-701
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    • 2021
  • Catastrophic events cause casualties, damage property, and lead to huge social impacts. To build common standards and facilitate international communications regarding disasters, the relevant authorities in social management rank them in subjectively imposed terms such as direct economic losses and loss of life. Terrorist attacks involving uncertain human factors, which are roughly graded based on the rule of property damage, are even more difficult to interpret and assess. In this paper, we collected 114 183 open-source records of terrorist attacks and used a machine learning method to grade them synthetically in an automatic and objective way. No subjective claims or personal preferences were involved in the grading, and each derived common factor contains the comprehensive and rich information of many variables. Our work presents a new automatic ranking approach and is suitable for a broad range of gradation problems. Furthermore, we can use this model to grade all such attacks globally and visualize them to provide new insights.

The Properties of Kenaf/Polyester Blended Nonwovens (케나프/폴리에스테르 혼방 부직포의 특성)

  • Lee, Hye-Ja;Yoo, Hye-Ja;Han, Young-Sook
    • Journal of the Korean Society of Clothing and Textiles
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    • v.31 no.7
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    • pp.1119-1127
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    • 2007
  • Nonwovens have been widely used in various regions from the households to the industrial, agricultural and medical goods. Synthetic fibers have been used for source of nonwovens commonly because of their useful and economic properties. They are not only main factor causing environmental problems but also spend huge cost to renew the environmental disruption by them. Nonwovens must have both cost-competitiveness and environment-friendly property to be the desirable sources in 21th centuries. For meet these needs, it is suitable for the times that economical and environmentally-safe kenaf fibers would be used as raw materials of nonwovens. Kenaf and polyester fibers were blended in 4 types of ratio : 0/100, 20/80, 40/60, 60/40 were needle-punched. The nonwovens properties such as color values, surface appearance, strength, elongations, stiffness, moisture regain, water and oil absorbency, and electrification were tested. As the results, tensile and tear strengths, water and oil absorbency were maximum at 20/80 kenaf/polyester blend nonwoven, because of effecting by nonwoven structure and fiber properties. The moisture regain were increased according to kenaf were blended and the eletrification reduced in proportion to the kenaf fibers by chemical property of fiber composed nonwovens.

Risk Characteristic on Fat-tails of Return Distribution: An Evidence of the Korean Stock Market

  • Eom, Cheoljun
    • Asia-Pacific Journal of Business
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    • v.11 no.4
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    • pp.37-48
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    • 2020
  • Purpose - This study empirically investigates whether the risk property included in fat-tails of return distributions is systematic or unsystematic based on the devised statistical methods. Design/methodology/approach - This study devised empirical designs based on two traditional methods: principal component analysis (PCA) and the testing method of portfolio diversification effect. The fatness of the tails in return distributions is quantitatively measured by statistical probability. Findings - According to the results, the risk property in the fat-tails of return distributions has the economic meanings of eigenvalues having a value greater than 1 through PCA, and also systematic risk that cannot be removed through portfolio diversification. In other words, the fat-tails of return distributions have the properties of the common factors, which may explain the changes of stock returns. Meanwhile, the fatness of the tails in the portfolio return distributions shows the asymmetric relationship of common factors on the tails of return distributions. The negative tail in the portfolio return distribution has a much closer relation with the property of common factors, compared to the positive tail. Research implications or Originality - This empirical evidence may complement the existing studies related to tail risk which is utilized in pricing models as a common factor.

A Study for International Standardization of China Arbitration System (중국중재제도의 국제표준화에 대한 연구)

  • Kim, Suk-Chul
    • Journal of Arbitration Studies
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    • v.18 no.3
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    • pp.117-138
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    • 2008
  • This study lies on building the International Standardization of China Arbitration System for improving a relationship of mutual trust and the safety trade between China and other worldwide countries, especially, South Korea as their one of the biggest trading partners through the comparative analysis of China and UNCITRAL Arbitration Law. In this analysis, the differences from China and UNCITRAL in arbitration law are like belows ; lack of arbitrator's international mind, the limitation of private property right, prohibition of Ad. hoc arbitration, arbitrator's biased nationalism, localism, and their short specialties. a deficiency of the objectiveness for arbitrator's election, a judgement rejection of claimants by using nonattendance and walkout, impossibility of prior and temporary property custody for execution of arbitration award. etc. For the improvement of the International Standardization of China Arbitration, this paper propose as follows: 1) Extension of private property right, reorganization of tax system, realization of open competition, exclusion of 'Sinocentrism', globalization of arbitration system 2) The abolition of old fashioned bureaucracy with approval for ad.hoc arbitration 3) An education for arbitrator's internationalization, specialty, and to promote legal knowledge 4) A settlement of the third country arbitrators' selection for reflecting interested party's decision by the court in a selection system of arbitration committee. 5) Institutionalization of arbitration judgment that prevent for claimant's avoidance by using a withdrawal and an intentional absent 6) A permission of the right of claimant's court custody directly before the begging of arbitration request for the prevention for destruction of evidence and property concealment 7) Grant of the arbitration tribunal's interim measures of protection for private property preservation to the third party, proof security, prevention from the loss that selling the corruptible goods 8) Improvement of arbitration's efficiency from the exclusion of the obstacles that are forgery, concealed evidence, and arbitrator's bribe taking Lastly, I hope that this study will serve to promote friendly economic relationship between China and South Korea and strive for international equilibrium through the achievement of China Arbitration's International Standardization. I will finish this paper with a firm belief that this will lead to more advanced studies.

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A Study on the Effect and Improvement Direction of the Credit Rating of Large Construction Firms by the Reinforced Real Estate Regulations and the Raising of the Base Rate (정부 부동산규제 강화와 기준금리 인상이 대형건설사 신용등급에 미치는 영향과 개선방향에 관한 연구)

  • Lee, YunHong
    • Korean Journal of Construction Engineering and Management
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    • v.19 no.1
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    • pp.90-102
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    • 2018
  • In preparation of the increase in the domestic debts and the rise in the US interest rate, the Korean government has started to strengthen the regulation on the property market since 2017. So, it is likely that the sales in the domestic construction market would be decreased. Even in the overseas plant projects market, as there has been the continuous increase in the cost and the resulting increase in the losses, it looks hard for the large construction companies to keep their credit ratings as they are now. This study is designed to check Korean government's property policy and any possible problems caused by the overseas and domestic economic environment, which include the property market policy, interest rate, rise in the property price and lackluster sales in housing market. It showed the change in the credit ratings by finding out the sales, work capability, sales in non-governmental projects, operating profits and PF contingency liabilities. For this study, the questionnaires were sent to 30 practical experts to analyze the effect of the risk factor on the outside credit rating of large construction companies.

The Effects of the Revision of Intellectual Property Rights-relevant Laws based on the FTA between the Republic of Korea and the United States (한미 자유무역협정에 따른 지적재산권 관련 법률개정의 효과)

  • Jung, Young-Jae;Park, Hwie-Seo
    • Journal of the Korea Society of Computer and Information
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    • v.14 no.8
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    • pp.137-144
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    • 2009
  • On July 23th, 2009, the newly-revised copyright law was reflected the free trade agreement which occurred between the United States and the Republic of Korea. The agreement is expected to have positive effects such as competition as well as the social efficiency in the field of intellectual property. Nevertheless, Korean government should pay much costs, Therefore, we should minimize the cost in a short run and maximize the benefits we could obtain out of the agreement in a long run. However, we are not prepared to improve economic value of the intellectual property rights. Specifically, it should be noted that the aspects of law execution to protect not only the intellectual property rights. If we manage to get the utmost out of the agreement, we could be going through the transition from a consumer nation of intellectual properties to a producer nation.

A Study on the Consumption Expenditure and Patterns of Urban Households (도시가계의 소비지출과 소비지출패턴의 결정요인)

  • 황은애;이승신
    • Journal of the Korean Home Economics Association
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    • v.37 no.8
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    • pp.117-132
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    • 1999
  • This study analyzed how not only socio-economic variables but also lifestyle variables affect the expenditure and the patterns of households. The result of multiple regression analysis resealed that economic variables(e.g, income, saving, property) and lifestyle variable(e.g, enjoyment and convenience seeking type) affected the consumption expenditure. Based on the result of cluster analysis, The consumption expenditure patterns of urban households were separated as 1)necessity dominant pattern, 2)transportation $.$ communication dominant patters, 3)other consumption dominant pattern, 4)education$.$culture and recreation dominant pattern. The result of logistic analysis revealed that debt, saying and living location variables were major factors to determine the consumption expenditure patterns of urban households. But did not Influence on the Consumption Expenditure Patterns.

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Measuring Inventory of Korean Housing Quality Related to Mental Health through Foreign Literature Reviews (국외 문헌고찰을 기초로 정신건강의 측면에서 본 한국주거의 질 측정요소에 관한 연구)

  • Park, Jung-A;Choi, Byungsook
    • Journal of the Korean housing association
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    • v.23 no.6
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    • pp.1-9
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    • 2012
  • This study is to organize the frame of measuring inventory for housing quality related to mental health in foreign literature reviews. In the first step, many housing quality contents or items are extracted from empirical studies, including housing environment quality and mental health. In the next step, extracted contents and items are classified by space scope (house and neighborhood unit) and WHO housing properties (safety & security, health & sanitation, efficiency/convenience, comfort/amenity). Almost all housing properties follow the WHO standard, but some properties, sustainability and economic characteristics, do not follow the standard. These reflect on current Korean housing environment. They are energy saving and environment friendly effort, property value and economic burden, identity expression, and school district. So they need to be added to the Korean housing quality measurement related to mental health.