• The Transactions of the Korean Institute of Electrical Engineers A
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• v.54 no.7
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• pp.366-374
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• 2005

The purpose of this study is to find out main factors affecting public enterprise's environment , which improves the performance of public enterprise. In detail, under the premises of keeping publicity in Korea Electricity Industry, the main target of this study is to seek after factors enhancing entrepreneurship and deals with publicity which is related with entrepreneurship. Questionnaires are distributed to the employee of public enterprise, public servants, and civil corps. A total of 553 copies are collected. The main contents of questionnaires are related with the effect of publicity and entrepreneurship by government control, competitive environment and shareholding structure in Korea Electricity Power Corporation(KEPCO). The results of this survey are as follows : First government control is negatively related to the entrepreneurship while it is positively related to the Publicity. Second, this suey shows that competitive environment has a Positive influence on promoting both publicity and entrepreneurship. Third this survey in connection with shareholding structure indicates that present structure in KEPCO has a positive effect on publicity but negative effect on entrepreneurship. According to this empirical results, it is verified that the main issues on the performance of KEPCO ue related with the level of government control and competitive environment in its industry.

• 한국신재생에너지학회:학술대회논문집
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• 2008.05a
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• pp.554-557
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• 2008

In this study, two types of central flow distributor designs are presented and compared to obtain the optimal compact design which has the least flow resistance and the uniform flow distribution in a vehicular fuel cell stack. For effective and reliable prediction on the thermo-flow characteristics of the reactants flow over the entire fuel cell stack domain, open channel flow in the bipolar plates of the power generating cells were simulated by applying a simplified flow resistance model with an empirical porous concept. A number of case studies were performed to figure out an optimal configuration of a central flow distributor device in terms of the time-dependent thermo-flow behavior and load-dependent flow distribution. The results showed that the stable and load-independent thermo-flow uniformity is very design specific, which is closely associated with the design of central manifolding devices in order to achieve the enhanced volumetric power density and the reliable long-lasting operating of fuel cells.

• Communications for Statistical Applications and Methods
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• v.24 no.5
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• pp.519-531
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• 2017

We consider goodness-of-fit test statistics for Weibull distributions when data are randomly censored and the parameters are unknown. Koziol and Green (Biometrika, 63, 465-474, 1976) proposed the $Cram\acute{e}r$-von Mises statistic's randomly censored version for a simple hypothesis based on the Kaplan-Meier product limit of the distribution function. We apply their idea to the other statistics based on the empirical distribution function such as the Kolmogorov-Smirnov and Liao and Shimokawa (Journal of Statistical Computation and Simulation, 64, 23-48, 1999) statistics. The latter is a hybrid of the Kolmogorov-Smirnov, $Cram\acute{e}r$-von Mises, and Anderson-Darling statistics. These statistics as well as the Koziol-Green statistic are considered as test statistics for randomly censored Weibull distributions with estimated parameters. The null distributions depend on the estimation method since the test statistics are not distribution free when the parameters are estimated. Maximum likelihood estimation and the graphical plotting method with the least squares are considered for parameter estimation. A simulation study enables the Liao-Shimokawa statistic to show a relatively high power in many alternatives; however, the null distribution heavily depends on the parameter estimation. Meanwhile, the Koziol-Green statistic provides moderate power and the null distribution does not significantly change upon the parameter estimation.

• Journal of Distribution Research
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• v.4 no.2
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• pp.1-20
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• 1999

This study aims to provide distributors with several implications on the channel strategy by testing factors which influence on the offsetting investment. Medium-sized distributor facing a relatively inferior power can cause profit vulnerability from large manufacurer's opportunistic behaviors. At the same time, we tested the relationship commitment to the relation with manufacturer as another alternative strategy taken by medium-sized distributer. For this research, samples from dealers in oil-petroleum refinery industry were selected and the data was collected using mail survey. The data was analyzed utilizing validity test, reliability test, factor analysis, correlation analysis and LISREL. The major analyzed results are as follows: First, the offsetting investment of preventing loss from manufacturer's opportunism didn't affect medium-sized distributor's sales empirically. Second, the hypothesis that the more the medium-sized distributor's transaction specific assets which they invest in the transactional relationship with manufacturer, the more the safeguard against the expected opportunism of manufacturer was not supported by the results. Third, the more use of coercive power by the manufacturer, the more increase in the perception of expected opportunism of manufacturer by the medium-sized distributor, it make stimulates offsetting investment as safeguard by medium-sized distributor and it has negative effect on developing commitment. Finally, the large manufactures dealing with a medium-sized distributor firm which had a reputation of fairness didn't make offsetting investment as a response for distributor's opportunism.

• Journal of Power System Engineering
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• v.10 no.3
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• pp.11-16
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• 2006

The pressure fluctuation in the intake and exhaust pipe of 4 stroke-cycle diesel engine is caused by reciprocating motion of piston for suction of fresh air and exhaust of burned gas. this gas dynamic effect can be utilized for increase the volumetric efficiency. Many empirical studies have been carried out to investigate the effects of intake pulsating flow on the volumetric efficiency. However, when the gas dynamic effects are utilized for the variable speed engine to increase its performance, The speed range in which the maximum volumetric efficiency is limited and there occurs some difficulties in lay-out of intake system because it become too long. During induction process, as waves travel both directions, they are reflected and interacted each other and pressure waves are transmitted through it. Hence, the flow becomes more complex and unsteady flow. These pressure waves act upon intake pulsating flow and affects on the volumetric efficiency. In this paper the effects of pulsating flow of intake and exhaust pipes on volumetric efficiency were examined and evaluated. It was found that volumetric efficiency was affected by pulsating flow of intake and exhaust pipes.

• Transactions of the Korean Society of Mechanical Engineers A
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• v.21 no.11
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• pp.1786-1795
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• 1997

In order to perform leak-before-break design of nuclear piping systems and integrity evaluation of reactor vessels, full stress-strain curves and fracture resistance (J-R) curves are required. However it is time-consuming and expensive to obtain J-R curves experimentally. The objective of this paper is to modify two J-R curve prediction methods previously proposed by the authors and to propose an additional J-R curve prediction method for nuclear piping materials. In the first method which is based on the elastic-plastic finite element analysis, a blunting region handling procedure is added to the existing method. In the second method which is based on the empirical equation, a revised general equation is proposed to apply to both carbon steel and stainless steel. Finally, in the third method, both full stress-strain curve and finite element analysis results are used for J-R curve prediction. A good agreement between the predicted results based on the proposed methods and the experimental ones is obtained.

• Transactions of the Korean Society of Automotive Engineers
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• v.5 no.4
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• pp.70-83
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• 1997

We made a selection of engine operating conditions in the natural aspiration type diesel engine as load and speed. The effects on the power, smoke emission and cylinder pressure characteristics of these variations in operating conditions were observed experimentally. Also, the smoke emission was predicted by using the Arrhenius equation and empirical equation of the smoke emission was made. At the same time, the correlations, between the combustion and smoke emission characteristic were examined. From the above results, it is clear that to prevent power dropping and to decrease exhaust fume whin the conditions are changed, one should improve the intake system. To do this, the best way is to lower the air-fuel mixing ratio. We found that the parameters of the indicated mean effective pressure, maximum pressure and its location and combustion duration, etc. change the motion in accordance with the conditions described above. Also, we found that the variation of the pressure cycle comes from an amplified variation of the early part of process. From the analysis of comparing combustion and exhaust fume, the exhaust fume is produced at the latter time of combustion and decreased when the combustion ratio is higher. Also, we developed a special formula which can predict the exhaust fume value according to the engine load and speed.

• Proceedings of the Korean Society for Agricultural Machinery Conference
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• 1993.10a
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• pp.591-600
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• 1993

Considerable controversy exists about the trend of animal traction effects on crop production in dryland farming systems in sub-Saharan Africa (SSA). This problem arises on account of the failure of the few available empirical studies to recognise the important of technological experience of the individual adopting farmers. This study hence addresses this issue by examining the effects of experience in animal traction technology (ATT) on farm size, cropping emphasis, total crop output and farm productivity. It is based on farm management survey data on 42 small holder farm households fro Ghana. Thirty of these households used animal traction technology (ATT) fro crop cultivation and the rest, mainly hand-hoe. The animal traction sub-sample is classified into three groups according to farmers' years of experience with the technology , thus , those with 1-2, 3-10, and more than 10. Evidence from the study shows that the progression of years of experience with ATT leads to inten ification of labour and land use systems, enhancement of degree of motivation to enter into the market economy, increases in total crop output and farm productivity resulting for decreases in cultivated acreages. The implication of the findings is that institutioal and technical support that do accompany the introduction of such technologies should be structured to last for a relatively longer period to accomodate the learning process.

• The Journal of Asian Finance, Economics and Business
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• v.6 no.4
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• pp.179-187
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• 2019

This study aims to investigate the effects of market commonality and resource similarity on price competition and the recursive consequences in the Korean lodging market. Price comparison among hotels in the same geographic market has been facilitated through the development of information technology, rendering little search cost of consumers. While the literature implies the heterogeneous price attack and response among hotels, a limited number of empirical researches focus on the asymmetric and recursive pattern in the competitive dynamics. This study empirically examines the price interactions in the Korean lodging market based on the theoretical framework of competitive price interactions and countervailing power. Demonstrating superiority to the spatial lag model and the ordinary least squares in the estimation, the results from spatial error model suggest that the hotels with longer operational history pose an asymmetric impact on the price of the newer hotels. The asymmetry is also found in chain hotels over the independent, further implying the possibility of predatory pricing. The findings of this study provide the evidence of a hierarchical structure in the price competition, with different countervailing power by the resources of the hotels. Theoretical and managerial implications are discussed, with suggestions for future study.

• Journal of Distribution Science
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• v.14 no.8
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• pp.93-100
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• 2016

Purpose - This study examines lenders' reactions to M&A, based on the strength of the lender-borrower relationship and the lender's expectations of the potential benefits or risks of the deal. Research design, data, and methodology - This research addresses the lender's influence on the implementation stage of a large-scale strategic action such as M&A to understand the motivation and dynamics of lenders' responses and empirically examines how the lender-borrower relationship influences the focal firm's merger and acquisition (M&A) transactions, using data on 501 M&A deals in Japan from 1990 to 2010. Results - The presented analysis found that lenders that have a strong lender-borrower relationship, especially those showing a high debt equity ratio, support borrowers' M&A progress and the target firm's lenders resist the deal progressing and may raise the acquisition premium if their current power relative to borrowers is weak. Conclusions - Stakeholders including lenders do not favor strategies of focal firms that threaten their future benefits, while they also tend to estimate the potential benefits and losses by comparing their current circumstances with those of other stakeholders. The empirical results of the presented analysis help explain the mechanism of lenders' reactions and offer insights into the power of a closer and stronger lender-borrower relationship.