• The Journal of Korea Institute of Information, Electronics, and Communication Technology
• /
• v.5 no.3
• /
• pp.127-137
• /
• 2012

In this paper, method using electric braking from stop area to high-speed area was presented in order to improve air-brake. And electric braking method can be improved environmental problems, efficiency, economy, etc. Method for electrical complete braking are two ways that method of inserting series resistance between the motor and the inverter, and method of inverter output voltage increase. In this paper, use series resistance insert method because economical and easy to apply. In addition, Series resistor is used short circuit method for reduce the power loss. In improved efficiency and the laboratory environment for secure braking, resistance insert method and inverter output voltage increase method showed same characteristics in all areas.

• The Journal of Asian Finance, Economics and Business
• /
• v.8 no.11
• /
• pp.1-10
• /
• 2021

This paper compares the performance of Fama-French three-factor and five-factor models using a dataset of 20 Pakistani commercial banks for the period 2011 to 2020. We focus on an emerging economy as the findings from earlier studies on developed countries cannot be generalized in emerging markets. For empirical analysis, twelve portfolios were developed based on size, market capitalization, investment strategy, and growth. Subsequently, we constructed five Fama-French factors namely, R_M, SMB, HML, RMW, and CMA. The OLS regression technique with robust standard errors was applied to compare the predictive power of both the Fama-French models. Further, we also compared the mean-variance efficiency of the Fama-French models through the GRS test. Our empirical analysis provides three unique and interesting findings. First, both asset pricing models have similar predictive power to explain the expected portfolio returns in most cases. Second, our results from the GRS test suggest that there is no noticeable difference in the mean-variance efficiency of one asset pricing model over the other. Third, we find that all factors of both Fama-French models are statistically significant and are important for explaining the volatility of expected commercial bank returns in the context of Pakistan.

• Korea Trade Review
• /
• v.46 no.2
• /
• pp.141-160
• /
• 2021

The scale of global FDI has been decreasing since 2016 due to the ongoing US-China trade dispute, the strengthening of FDI inflow screening regulations with concern over strategic technology leaks, and the spread of reshoring trends due to the reinforcement of national preferences. Eventually, the competition to attract FDI between countries is expected to become more intense. Therefore, in order to attract high-quality FDI for Korea that will contribute to the development of the national economy, it is pressing to evaluate and improve the domestic FDI attraction environment. This study aims to analyze which areas of Korea's economic and non-economic environments need improvement for gaining advantage amid the fierce competition to attract FDI between countries, by the relative comparison between Korea and the U.S., and based on the ranking indicated in key FDI attractiveness indices. As a result, improvement is needed in the following areas. First, according to IMD's "World Competitiveness Ranking 2020," Korea was inferior to the US in terms of business efficiency, productivity, finance and business legislation in terms of government efficiency. Second, according to INSEAD's "Global Talent Competitiveness Index 2020," Korea was inferior to the US in terms of internal openness, external openness, employability, lifelong learning, access to growth opportunity, and business and labor landscapes. Third, according to WEF's "Global Competitiveness Index 2019", Korea was inferior to the US in terms of product market, labor market, business dynamism and workforce skills.

• Journal of the Korea Academia-Industrial cooperation Society
• /
• v.15 no.2
• /
• pp.609-615
• /
• 2014

Due to the recent global recession, the car industry demand levels have plummeted which led to a crisis in the automotive parts industry for the first time in history. Since the fourth quarter of 2008, the automotive parts manufacturers in America have faced a record loss and those in Japan and Europe who also had a strong track record are facing a weak economy. In addition, the domestic automotive parts industry is also affected by the global economic crisis. This research is that the relative efficiency analysis utilizing the DEA has done on the object of 25 small and medium-sized automotive parts manufacturers publicly listed, As the efficiency analysis result 6 of 25 manufacturers are efficient in CCR model and 12 manufactures have shown efficiency in BCC model, the efficiency analysis in consideration of the manufacturer size. The manufacturers with efficiency 1 in 25 manufacturers are DMU 1, 5, 7, 10, 18, 24 and the relatively benchmarking objects in other manufactures are DMU 1, 10, 24, Based on the results of this research, a direction to the domestic automotive parts manufacturers as well as a significant information will be provided in managing the companies in the future by the improvement of management efficiency through the practical efficiency analysis.

• Industry Promotion Research
• /
• v.8 no.4
• /
• pp.267-276
• /
• 2023

Based on the tourism input-output data of five provinces and cities in China's Bohai Rim region from 2015~2021, this study analyzes the efficiency of regional tourism using DEA-BCC and DEA-Malmquist index, as well as its contribution to regional economic efficiency, and identifies factors influencing the comprehensive efficiency. The research results indicate that the comprehensive efficiency of the tourism industry in the China Bohai Sea region has reached an optimal level of 88.9%, but there is still room for improvement, with overall fluctuations. The overall productivity of the tourism industry exhibits a "U"-shaped fluctuating pattern, with growth mainly driven by technological advancements. Due to the impact of the COVID-19 pandemic, the region experienced a nearly 50% decrease in total factor productivity in 2019~2020. However, in 2021, with the implementation of various government stimulus policies, the tourism efficiency rapidly recovered to 80% of pre-pandemic levels. In terms of the impact of the tourism industry on the regional economy in the China Bohai Sea region, Hebei Province stands out as a significant contributor. Based on the aforementioned research findings, the following recommendations are proposed in three aspects: optimizing the supply structure, increasing innovation investment, and strengthening internal collaboration. These recommendations provide valuable insights for enhancing regional tourism efficiency and promoting regional synergy.

• Journal of the Korea Institute of Building Construction
• /
• v.6 no.3 s.21
• /
• pp.123-129
• /
• 2006

In these days, as building structures are getting taller, larger, and more diversified, structural systems with more economy and more efficiency are being required and so are more efficient building materials, this study conducted a basic experiment to conclude an adequate selection of materials and to calculate an optimal mixing proportion of those materials to produce High-strength concrete in a 100MPa of specified concrete strength. And also we conducted an experiment to find out basic properties of this concrete such as slump-flow, strength.

• Proceeding of Spring/Autumn Annual Conference of KHA
• /
• 2006.11a
• /
• pp.396-400
• /
• 2006

Because of rapid growth of economy and development of the communication technology of modem society, office space's shape and business contents are highly diversified. And these changes made a new working style, homeworkers who work in their house. For increasing homeworker's working efficiency, it needs a space plan which can coexist home's original functions and business functions. The purpose of this study was designed a multiplex house used a co-operative house's concept which based on the data which collected by man to man case research about operators of online shopping malls.

• Proceedings of the KSR Conference
• /
• 2011.10a
• /
• pp.1953-1959
• /
• 2011

Subway stations have a characteristic that the facilities in the ceiling should be checked, replaced and expanded frequently. The new installation of supports (steel anchors) for new facilities and workers moving-around in the ceiling result in the damage in the ceiling finish material and concrete structure which also result in construction cost increase. In addition, the noise, vibration and dust generated during the work harm the station environment. There are civil complaints on these which give difficulty to ceiling works. Accordingly, this study suggests a ceiling frame construction method that considers the convenience, economy and efficiency of ceiling work by improving the support installation method for facilities in ceiling.

• Journal of The Korea Institute of Healthcare Architecture
• /
• v.5 no.9
• /
• pp.117-124
• /
• 1999

Wards are the biggest part in hospital buildings and the flow of medical personnels and materials is an important factor in the ward design. The evaluation method of the wards and is esscential for the optimum design considering function, environment, patient psychology, etc. To achieve this goal, factors for evaluation of wards were introduced and then each factor was systematically analyzed. A evaluation method are developed from studied factors and are applied to existing wards to check the reliability. The selected evaluation factors are limited to the privacy of patient, the functional efficiency of operation, and the economy of wards.

• Proceedings of the Korean Vacuum Society Conference
• /
• 2012.08a
• /
• pp.59-59
• /
• 2012

Vacuum pumping remains central to the performance and economy of many manufacturing processes, scientific instruments and scientific research. More vacuum is being used in many of the latest or leading edge manufacturing processes: Current examples include 3D semiconductor devices, EUV lithography, 450 mm silicon wafers, AMOLED displays, LEDs, Lithium-ion batteries and steel degassing. In other applications, vacuum pumping technology developments have led to much lower product costs which for example have enabled mass spectrometers to become a ubiquitous tool is life science research. Vacuum pumps have continuously evolved during the past 100 years of vacuum-based industrial processing but remain a key component which is often on the critical path of process and product improvements. This is especially so in the growing number of applications where the pumps are highly stressed. This presentation outlines significant developments in vacuum that have brought about this progress. The likely course of continued improvements is discussed in terms of increased performance and reliability, robust by-product handling, better cost efficiency and reduced environmental impact especially power consumption.