• Journal of the Korea Academia-Industrial cooperation Society
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• v.13 no.2
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• pp.522-528
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• 2012

It is the aim of this paper to propose the empirical fatigue crack propagation model fit to describe a crack growth behavior of AZ31 magnesium alloys. The statistical data of a crack growth for an estimation are obtained by fatigue crack propagation tests under the three cases of maximum load. The empirical models estimated are Paris-Erdogan model, Walker model, Forman model, and modified-Forman model. It is found that the empirical model fit to describe a crack growth behavior of AZ31 magnesium alloys is Paris-Erdogan model and Walker model. It is also verified that a fatigue crack growth rate exponent of a empirical model is to be a material constant.

• Journal of the Korea Academia-Industrial cooperation Society
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• v.15 no.2
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• pp.646-652
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• 2014

It is the primary aim of this paper to propose the empirical fatigue crack propagation model fit to describe a crack growth behavior of AZ31 magnesium alloys under the different specimen thickness conditions. The empirical models estimated are Paris-Erdogan model, Walker model, Forman model, and modified-Forman model. The parameters of each model are estimated by maximum likelihood method. The statistical crack growth data needed for an estimation of empirical models are obtained by fatigue crack propagation tests under the three cases of specimen thickness. It is found that the good empirical models fit to describe a crack growth behavior of AZ31 magnesium alloys under the different specimen thickness conditions are Paris-Erdogan model and Walker model. It is also verified that a fatigue crack growth rate exponent of a empirical model may be a material constant at the specimen thickness conditions of 4.75mm and 6.60mm.

• The Journal of Asian Finance, Economics and Business
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• v.9 no.1
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• pp.167-176
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• 2022

By analyzing the impact of oil prices on economic growth, this study has shown a new insight into the link between oil price inflation and economic growth. The primary goal of this study is to determine if oil prices are pro-growth or anti-growth. To provide empirical proof, the series data for both the core and control variables from 1972 to 2020 was used to justify the association on empirical grounds. To account for the presence of a unit root, the Augmented Dickey-Fuller Test was used, and after making the series compatible for co-integration, the Autoregressive distributed lag model was used to determine the empirical estimate. Additionally, the empirical models were used to diagnose heteroscedasticity and autocorrelation. The reference point model reveals that in developing nations like Pakistan, economic growth is anti-growth with an increase in prices, and it responds negatively to economic growth in the long and short run. As a result, oil price inflation in Pakistan fails to have a significant beneficial impact on economic growth in both the long and short run, but it does raise the general price level in the economy.

• Proceedings of the KWS Conference
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• 2003.05a
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• pp.43-45
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• 2003

The empirical model for predicting the prior austenite grain size in low-alloy steel weld HAZ was developed through examining the effect of alloying element. The test alloys were made by vacuum induction melting. Grain growth behaviors were observed and analyzed by isothermal grain growth test and subsequent metallography. As a result, it was found that the grain growth might be controlled by grain boundary diffusion and the empirical model for grain growth was presented.

• Journal of Distribution Science
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• v.18 no.1
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• pp.71-83
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• 2020

Purpose: Because the energy consumption, economic growth and logistics development are still the heated topics which have attracted many scholars' interests. Therefore, this paper attempts to analyze the effect of logistics development on the economic growth, explore the effect of the economic growth on energy consumption and to discuss the effect of the logistics development on energy intensity. Research design, data and methodology: Using the panel data over the period 2000-2017 of 156 countries and employing the country & year fixed effect model, system generalized method moments and random effect model, the empirical analyses of this propositions are performed. Results: The empirical findings present that the logistics development is positively related to the economic growth. The energy consumption in the t-1 period and economic growth are positively related to the current energy consumption. The logistics development is negatively related to the energy intensity. Meanwhile, the empirical findings also indicate that there is a great difference about these effects among the four sub-samples (low income 18 countries, low middle income 49 countries, upper middle income 44 countries, high income 49 countries). Conclusions: Based on the evidences in this paper provided, we can find that these variables can affect each other.

• Environmental and Resource Economics Review
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• v.17 no.1
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• pp.3-22
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• 2008

We study nonlinearities of $CO_2$ emissions and economic growth m Korea using the Smooth Transition Autoregressive (or STAR) model. We find evidence for nonlinearities and cyclical regime changes of both time series. In the extended nonlinear empirical work, we characterize dynamic properties of the two time series and then find mutually significant Granger causality between $CO_2$ emissions and economic growth. All these empirical evidences together reinforce long standing concern that economy-wide restrictions on $CO_2$ emissions would hurt economic growth for Korean styled medium industrialized countries.

• Journal of Technology Innovation
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• v.10 no.2
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• pp.91-105
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• 2002

This paper extends the empirical analysis on R&D based growth model so that the nonstationary panel unit root testing methods can be used to distinguish the exogenous growth model and R&D based growth model for the 1981-1999 period with fourteen OECD economies including Korea. Our results show that first, using U.S. and Group mean as benchmarking, the stochastic R&D productivity convergence to benchmarking is not supported in our data set. Second, the empirical results for stochastic nonconvergence to the U.S. or group mean also are robustness to panel unit root methods. We, therefore, find strong support for the implications for R&D based growth model.

• Journal of Information Processing Systems
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• v.17 no.6
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• pp.1044-1056
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• 2021

Globalization has integrated the world through interaction among countries and people with the help of information and telecommunication technology (ICT). The rapid mode of globalization has put a new life in ICT and economic sector. The key focus of this study is to examine the nexus among the globalization, ICT and economic growth. This study uses autoregressive distributed lag model (ARDL), vector error correction model (VECM) and econometric method spanning from 1990 to 2015. The empirical result highlights that the globalization stimulates economic growth of a country. In addition, both the internet penetration and the mobile phone usage contribute to the economic growth. Lastly, this article contributes important policy lessons on strengthening the economy by utilizing ICT with the rapid globalization.

• Proceedings of the KSME Conference
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• 2004.04a
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• pp.1546-1551
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• 2004

This paper presents a mathematical model to predict the frost properties and heal and mass transfer within the frost layer formed on a cold plate. The laminar flow equations for the air-side are analyzed. and the empirical correlations of local frost properties are employed in order to predict the frost layer growth. The correlations of local frost density and effective thermal conductivity of frost layer, obtained from various experimental conditions, are derived as functions of various frosting parameters (Reynolds number, frost surface temperature, absolute humidity and temperature of moist air, cooling plate temperature, and frost density). The numerical results are compared with experimental data and the results of various models to validate the present model, and agree well with experimental data within a maximum error of 10%. The heat and mass transfer coefficients obtained from the numerical analyses are presented, as the results, it is found that the model for frost growth using the correlation of heat transfer coefficient without solving air flow have a limitation in its application.

• Korean Journal of Artificial Intelligence
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• v.7 no.2
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• pp.9-12
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• 2019

With the Chinese government's attention to the artificial intelligence industry, the Chinese government has invested a lot in it recently. Of course, the importance of artificial intelligence industry for China's economic development is increasingly significant. The advent of artificial intelligence boom has also triggered a large number of scientists to analyze the impact of artificial intelligence on economic growth. Therefore, this paper use 31 China's cross-province panel data to study the effect of artificial intelligence on economic growth. Via empirical analyses under a series of econometric methods such as the province and year fixed effect model, the empirical result shows that artificial intelligence has a positive and significant effect on economic growth. Namely, the artificial intelligence is a new engine for economic growth. Meanwhile, the empirical results also indicate that the investment and consumption has a significant and positive effect on economic growth. Oppositely, the inflation and government purchase have a significant negative effect on economic growth. These findings in this paper also provide some important evidences for policy-makers to perform precise behaviors so as to promote the economic growth. Moreover, these finding enriches existing literature on artificial intelligence and economic growth.