• Title/Summary/Keyword: Empirical Study

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Factors Affecting Liquidity Risks of Joint Stock Commercial Banks in Vietnam

  • NGUYEN, Hoang Chung
    • The Journal of Asian Finance, Economics and Business
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    • v.9 no.4
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    • pp.197-212
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    • 2022
  • The study uses the audited financial statements of 26 Vietnamese commercial banks listed on the Ho Chi Minh City Stock Exchange (HOSE) and Hanoi Stock Exchange (HOSE) during the 2008-2018 period to estimate the system GMM model, which provides empirical evidence on the effect of the variables of customer deposit to total assets (DEPO) ratio, loan to assets (LTA) ratio, liquidity of commercial banks (LIQ), credit development (CRD) ratio, external funding (EFD) ratio, and credit loss provision (LLP) ratio on liquidity risk. The study confirms that commercial banks' internal factors play the most important role, and there is no empirical evidence on macro variables that affect liquidity risk. Finally, in accordance with the theoretical framework, the study uses an estimation method with the R language and the bootstrap methodology to give empirical proof of the nonlinear correlation and U-shaped graph between commercial bank size and liquidity risk. The importance of commercial bank size in absorbing and moderating the effects of liquidity shocks is demonstrated, however, excessive growth in commercial bank size would increase liquidity risk in commercial bank operations.

The Factors Affecting the Use of Empirical Antibiotics in Febrile Infants from 1 Month to Less than 3 Months (30일 이상 90일 미만의 발열 영아에서 경험적 항생제 사용에 영향을 미치는 요소)

  • Byun, Joung-Hee;Song, Bo Kyung;Kim, Young A;Ko, Hoon;Yoo, Suk dong;Lim, Taek Jin;Park, Su Eun
    • Pediatric Infection and Vaccine
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    • v.25 no.2
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    • pp.91-100
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    • 2018
  • Purpose: This study investigated the factors affecting the use of empirical antibiotics in febrile infants from 1 month to less than 3 months. Methods: We retrospectively reviewed the medical records of hospitalized previously healthy infants with fever in Pusan National University Children's Hospital from January 2010 to December 2016. Clinical features, laboratory findings and antibiotic therapy were analyzed. Respiratory viruses were identified by multiplex reverse transcriptase polymerase chain reaction (RT-PCR) and were reported after 1-3 days. Enterovirus were identified by real time polymerase chain reaction (PCR) and were reported in several hours. Results: The 129 of 366 subjects used empirical antibiotics and 237 patients didn't used empirical antibiotics. Empirical antibiotics were used more frequently when the fever was longer before admission, respiratory symptoms and ill being appearances were present and C-reactive protein was elevated. The rate of readmission was low in the group not used empirical antibiotics. Most of the patients detected by enterovirus PCR in cerebrospinal fluid didn't used empirical antibiotics. The results of respiratory virus multiplex RT-PCR showed no difference in the use of empirical antibiotics. Conclusions: In our study, empirical antibiotic prescriptions were affected not respiratory virus multiplex RT-PCR but enterovirus PCR. If multiplex RT-PCR were reported more rapid turn around time, it will affect antibiotic use.

A SIMPLE APPROACH FOR ESTIMATING ANNUAL EVAPOTRANSPIRATION WITH CLIMATE DATA IN KOREA

  • Im Sangjun;Kim Hyeonjun;Kim Chulgyum;Jang Cheolhee
    • Water Engineering Research
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    • v.5 no.4
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    • pp.185-193
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    • 2004
  • Estimates of annual actual evapotranspiration are needed in water balance studies, water resources management projects, and many different types of hydrologic studies. This study validated a set of 5 empirical equations of estimating annual actual evapotranspiration with climate data on 11 watersheds, and evaluated the further applicability of these forms in estimating annual runoff on watershed level. Five empirical equations generally overestimated annual evapotranspiration, with relative errors ranging $3.3\%$ to $47.2\%$. The results show that Schreiber formula can be applicable in determining annual evapotranspiration in sub-humid region that is classified by aridity index, while Zhang equation gave better results than the remaining methods in humid region. The mean differences for annual evapotranspiration bias over 11 watersheds are Zhang, Schreiber, Budyko, Pike, and Ol'dekop formula from lowest to highest. The empirical equations provide a practical tool to help water resources managers in estimating regional water resources on ungauged large watershed.

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On estimation of the probability of Yut (윷의 확률 추정에 대하여)

  • 박진경;박승선
    • The Korean Journal of Applied Statistics
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    • v.9 no.2
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    • pp.83-94
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    • 1996
  • The probability of Yut was calculated by using the physical property in previous study, but this article suggested empirical estimators for probability of Yut. In practice, physics-based probability imposes too strong assumptions, which result in the difference between the calculated probabilies and empirical relative frequencies. Experiment shows the probabilities of Yut depend on the integrated shape of Yut rather than the floor type. Maximum likelihood estimator and empirical Bayes estimators are compared and all turn out to be almost identicla for more than 40 trials. For smaller number of trials, Bayes estimators are recommended for its stability. Regression approach is also adopted as an easy-to-use method without empirical trials.

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Efficacy of CFRP configurations for shear of RC beams: experimental and NLFE

  • Shuraim, Ahmed B.
    • Structural Engineering and Mechanics
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    • v.39 no.3
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    • pp.361-382
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    • 2011
  • This paper presents the results of an investigation on shear strengthening of RC beams externally reinforced with CFRP composite. A total of six full-scale beams of four CFRP strengthened and two unstrengthened were tested in the absence of internal stirrups in the shear span. The strengthening configurations contained two styles: discrete uniformly spaced strips and customized wide strips over B-regions. The composite systems provided an increase in ultimate strength as compared to the unstrengthened beams. Among the three layouts that had the same area of CFRP, the highest contribution was provided by the customized layout that targeted the B-regions. A comparative study of the experimental results with published empirical equations was conducted in order to evaluate the assumed effective strains. The empirical equations were found to be unconservative. Nonlinear finite element (NLFE) models were developed for the beams. The models agreed with test results that targeting the B-region was more effective than distributing the same CFRP area in a discrete strip style over shear spans. Moreover, the numerical models predicted the contribution of different configurations better than the empirical equations.

An Empirical Analysis on the Relationship among Innovation Cycle, Investment Cycle and Business Cycle in Frequency Domain (혁신주기, 투자주기 그리고 경기변동에 관한 실증분석)

  • 조상섭;이장우
    • Journal of Korea Technology Innovation Society
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    • v.5 no.2
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    • pp.129-140
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    • 2002
  • This study is try to do the empirical tests on the relationship among innovation cycle, investment cycle, and business cycle suggested in recent economic growth models. We apply co-spectra analysis to estimate dynamic correlations in the extraction HP filtered variables and first difference filtered variables in our data set. Our empirical results are; (i) an existing asynchronization between innovation cycle and investment cycle, (ii) in the long frequency, an existing positive correlation between innovation cycle and business cycle, (iii) in the short frequency, however, a finding the high negative correlation between the two cycle. Our empirical findings support the recent growth through cycle models and suggest some economic policy implementations for economic stabilization during a severe business cycle.

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Development of Empirical Equation for Prediction of Minimal Track Buckling Strength (곡선부 궤도의 최소좌굴강도 추정식의 개발)

  • Yang, Sin-Chu;Kim, Eun;Lee, Jee-Ha;Shin, Jung-Ryul
    • Proceedings of the KSR Conference
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    • 2001.10a
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    • pp.475-480
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    • 2001
  • In this study, a empirical equation which can be feasibly used to evaluate minimal track buckling strength without exact numerical analysis is presented. Parameter studies we carried out to investigate the effects of the individual factor on buckling strength. In order to simulate track buckling in the field as precisely as possible, a rigorous buckling model which accounts for all the important parameters is adopted. A empirical equation for prediction of minimal track buckling strength is derived by taking nonlinear regression of data which are obtained from numerical analyses. Its characteristics and applicability are investigated by comparing the results by the presented equation with the one by the equation which was presented in japan, and is frequently using in korea when designing track structure.

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Uncertainy Analysis of Shear Strength Characteristics of Marine Soils (해성점토의 강도특성에 대한 불확실성 분석)

  • 이강운;채영수;윤길림;백세환
    • Proceedings of the Korean Geotechical Society Conference
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    • 2001.03a
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    • pp.215-222
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    • 2001
  • Uncertainty study of shear strength characteristics of the marine clays was carried out based ell In-situ tests and laboratory tests on tile south-east coastal region of the Korean peninsula. Theoretical analyses were studied using both tile spherical cavity expansion theory in finite soil mass and the strain path method to determine tile cone factor using the undrained shear strengths obtained by in-situ tests, and the empirical methods in accordance with the ultimate resistance theory were also discussed. Analysis show that the empirical methods suggest more reasonable value than that of theoretical methods in terms of comparing the cone factor estimated using linear regression and frequency distribution analyses. The cone factors obtained by the empirical methods are 18, 15, and 6 respectively, from the results of total cone resistance, effective cone resistance, and excess porewater cone resistance method, and the estimated were similar to those of previous researcher's.

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Empirical Statistical Power for Testing Multilocus Genotypic Effects under Unbalanced Designs Using a Gibbs Sampler

  • Lee, Chae-Young
    • Asian-Australasian Journal of Animal Sciences
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    • v.25 no.11
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    • pp.1511-1514
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    • 2012
  • Epistasis that may explain a large portion of the phenotypic variation for complex economic traits of animals has been ignored in many genetic association studies. A Baysian method was introduced to draw inferences about multilocus genotypic effects based on their marginal posterior distributions by a Gibbs sampler. A simulation study was conducted to provide statistical powers under various unbalanced designs by using this method. Data were simulated by combined designs of number of loci, within genotype variance, and sample size in unbalanced designs with or without null combined genotype cells. Mean empirical statistical power was estimated for testing posterior mean estimate of combined genotype effect. A practical example for obtaining empirical statistical power estimates with a given sample size was provided under unbalanced designs. The empirical statistical powers would be useful for determining an optimal design when interactive associations of multiple loci with complex phenotypes were examined.

Selection of design friction angle: a strain based empirical method for coarse grained soils

  • Sancak, Emirhan;Cinicioglu, Ozer
    • Geomechanics and Engineering
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    • v.20 no.2
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    • pp.121-129
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    • 2020
  • In the design of geotechnical structures, engineers choose either peak or critical state friction angles. Unfortunately, this selection is based on engineer's preference for economy or safety and lacks the assessment of the expected level of deformation. To fill this gap in the design process, this study proposes a strain based empirical method. Proposed method is founded on the experimentally supported assumption that higher dilatancy angles result in more brittle soil response. Using numerous triaxial test data on ten different soils, an empirical design chart is developed that allows the estimation of shear strain at failure based on soil's peak dilatancy angle and mean grain diameter. Developed empirical chart is verified by conducting a small scale retaining wall physical model test. Finally, a design methodology is proposed that makes the selection of design friction angle in structured way possible based on the serviceability limits of the proposed structure.