• Title/Summary/Keyword: Exchange Rates

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A Study on Tracer Gas Methodology to Measure Interzonal Airflow Rates (실간환기량 측정을 위한 추적가스 실험방법론에 관한 연구)

  • Han, Hwa-Taik;Cho, Seok-Hyo
    • Korean Journal of Air-Conditioning and Refrigeration Engineering
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    • v.21 no.11
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    • pp.606-612
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    • 2009
  • Interzonal air movements are important to characterize overall ventilation performance of complicated multi-zone buildings. Tracer gas techniques are widely used to measure ventilation rates, ventilation effectiveness, and interzonal air movements. Depending on the number of gases used, they are divided into single and multi tracer gas methods. This paper deals with the comparison of the tracer gas methods in measuring air exchange rate between rooms. Experiments have been conducted in a simple two-room model with known airflow rates. In multi-gas procedure, the concentration decays of two tracer gases, i.e SF6 and R134a are measured after simultaneous injections in each room. The single tracer gas method is also applied by injecting SF6 gas with a time lag between two rooms. The data reduction procedures are developed to obtain the interzonal airflow rate using the matrix inversion, and various data manipulation methods are tested, such as data shift, interpolation, and smoothing. Uncertainty for each airflow rate is investigated depending on the parameters based on the setting values.

Evaluation Index of Sea Water Exchange Capability of a Port (항만의 해수교환 능력의 평가 지표)

  • LEE JUNG LYUL;KIM IN HO
    • Journal of Ocean Engineering and Technology
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    • v.18 no.6 s.61
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    • pp.22-28
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    • 2004
  • A mathematical model has been developed to evaluate the capability of sea water exchanges under tidal and diffusive environments and has been verified through comparison with numerical experiments. From the mathematical analysis, this study presents the rates of sea water exchanges due to the tidal inflow and diffusion process. The port characteristic length $L_p$ is the most significant evaluation index.

Groundwater Fluxes in a Watershed with a Lake

  • Bae, Sang-Keun
    • Korean Journal of Hydrosciences
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    • v.7
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    • pp.9-19
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    • 1996
  • The purpose of this study is to investigate the influence of the position of lake upon groundwater fluxes on a lake watershed, and to provide for the monitoring network design to survey the exchange relations between groundwater and lake water. Three kinds of hypothetical flow through lakes, which are located at the upper, middle, and lower portion of a watershed were considered. Groundwater flow for each case was numercally simulated under three-dimensional steady state conditions. The exchange rates of the groundwater, the amounts of recharge and discharge, and groundwater fluxes between lake and groundwater in a watershed system with a lake were clarified.

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The Impacts of Oil Price and Exchange Rate on Vietnamese Stock Market

  • NGUYEN, Tra Ngoc;NGUYEN, Dat Thanh;NGUYEN, Vu Ngoc
    • The Journal of Asian Finance, Economics and Business
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    • v.7 no.8
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    • pp.143-150
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    • 2020
  • This study aims to investigate the effect of oil price and exchange rate on the two Vietnamese stock market indices: VN index and HXN index. This study uses the daily data from August 1st 2000 to October 25th 2019 of the two Vietnamese stock indices: VN index and HNX index, the two oil price indices: BRENT and WTI, and the two exchange rates: US dollar to Vietnamese dong and Euro to Vietnamese dong. Due to the presence of heteroskedasticity in our data, we use GARCH (1,1) regression model to perform our analysis. Our findings show that the oil price has a significant positive effect on the two Vietnamese stock market indices. In terms of the stock index volatility, both the VN index and HNX index volatilities are negatively impacted by the return of oil price. While the conclusion about the impact of oil price remained consistent through all three robustness tests, the effect of exchange rate on Vietnamese stock market indices is not consistent. We find thatchanges of the USD/VND exchange rate significantly impact the return and volatility of HNX index only in GARCH (1,1) setting. Our analysis also survives a number of robustness tests.

Protein Structural Characterization by Hydrogen/Deuterium Exchange Mass Spectrometry with Top-down Electron Capture Dissociation

  • Yu, Hai Dong;Ahn, Seonghee;Kim, Byungjoo
    • Bulletin of the Korean Chemical Society
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    • v.34 no.5
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    • pp.1401-1406
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    • 2013
  • This study tested the feasibility of observing H/D exchange of intact protein by top-down electron capture dissociation (ECD) mass spectrometry for the investigation of protein structure. Ubiquitin is selected as a model system. Local structural information was obtained from the deuteration levels of c and $z^{\cdot}$ ions generated from ECD. Our results showed that ${\alpha}$-helix region has the lowest deuteration level and the C-terminal fraction containing a highly mobile tail has the highest deuteration level, which correlates well with previous X-Ray and HDX/NMR analyses. We studied site-specific H/D exchange kinetics by monitoring H/D exchange rate of several structural motives of ubiquitin. Two hydrogen bonded ${\beta}$-strands showed similar HDX rates. However, the outer ${\beta}$-strand always has higher deuteration level than the inner ${\beta}$-strand. The HDX rate of the turn structure (residues 8-11) is lower than that of ${\beta}$-strands (residues 1-7 and residues 12-17) it connects. Although isotopic distribution gets broader after H/D exchange which results in a limited number of backbone cleavage sites detected, our results demonstrate that this method can provide valuable detailed structural information of proteins. This approach should also be suitable for the structural investigation of other unknown proteins, protein conformational changes, as well as protein-protein interactions and dynamics.

The Prominence of USD/CNY in China-EU and China-UK Trade

  • BAO, Ho Hoang Gia;LE, Hoang Phong
    • The Journal of Asian Finance, Economics and Business
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    • v.8 no.11
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    • pp.47-66
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    • 2021
  • Despite the dominance of the USD as a vehicle currency in non-US trade, most studies on the exchange rate-trade balance relationship ignore its importance. Some recent J-curve papers have proved that incorporating the role of USD as vehicle currency as a crucial determinant of trade balance can well reflect the reality of global trade and provide more detailed findings. Motivated by this new approach and by the fact that USD is substantially used in the trade between China and the EU and the UK, this paper scrutinizes how the vehicle currency USD and the bilateral exchange rates asymmetrically affect China's trade balance with each EU country and the UK. The results of NARDL estimation indicate that the USD models outperform the bilateral exchange rate (BER) models in terms of detecting significant long-run and short-run coefficients, which confirms the usefulness of the new approach. Also, this paper finds that the USD/CNY exchange rate cannot be neglected in China's trade with the EU and the UK, which can supplement China's policies on international trade and foreign exchange management.

Impact of Renminbi Exchange Rate Fluctuations on China's Import and Export Trade: An Analysis Based on Data from Five ASEAN Countries

  • Renhong WU;Yuantao FANG;Md. Alamgir HOSSAIN
    • East Asian Journal of Business Economics (EAJBE)
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    • v.12 no.2
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    • pp.19-28
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    • 2024
  • Purpose: In the era of global economic integration, China's doors of openness have widened, leading to increasingly frequent economic and trade exchanges between countries. Exchange rates, as a crucial economic lever for regulating foreign markets, play a vital role in the balanced development of a nation's international trade. Therefore, the relationship between exchange rate fluctuations and foreign trade has garnered widespread attention. Research design, data and methodology: This study utilizes import and export trade data between China and five ASEAN countries from 1998 to 2019. It employs regression analysis to examine the specific impact of the real effective exchange rate of the Renminbi on China's import and export trade with these ASEAN nations. Results: The empirical analysis yields the following conclusions: Firstly, the real effective exchange rate of the Renminbi exhibits a long-term stable relationship with China's import and export trade with the five ASEAN countries. Renminbi appreciation contributes to an increase in export trade volume but is detrimental to import trade. While this conclusion may deviate from classical trade theories, it aligns with the practical realities of China's foreign trade. Secondly, the coefficients before Gross Domestic Product (GDP) all display positive values, indicating that the growth of total economic demand has a stimulating effect on China's import and export trade.

Effect of Partition within Opening on Helium-Air Exchange Flow (개구부에 삽입한 수직평판이 헬륨.공기치환류에 미치는 영향)

  • Tae-il Kang
    • Journal of Advanced Marine Engineering and Technology
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    • v.27 no.6
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    • pp.797-805
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    • 2003
  • This paper describes experimental investigations of helium-air exchange flow through single opening and partitioned opening. Such exchange flows may occur following rupture accident of stand pipe in high temperature gas cooled reactor. A test vessel with a small opening on top of test cylinder is used for experiments. An estimation method of mass increment is developed and applied to measure the exchange flow rate. A technique of flow visualization by Mach-Zehnder interferometer is provided to recognize the exchange flows. Flow measurements are made with the opening, for partition ratios H_p/H$_1$$ in the range 0 to 1. where H_p$ and H$_1$ are partition length and height of the opening. respectively. In the case of H_p/H$_1$$ of 0, flow passages of upward flow of the helium and downward flow of the air within the opening are unseparated (bidirectional), and the two flows interfere within the opening. The unseparated flow increases strength of flow resistance and therefore, the exchange flow rate is minimum through range of the partition ratios. Two flow zones, i.e., separated (unidirectional) flow zone and unseparated (bidirectional) flow zone, exist with increasing the partition length. The exchange flow rate increases with increasing the separated flow zone. It is found that a maximum exchange flow rate exists at H_p/H$_1$$ of 1. As a result of comparison of the exchange flow rates by changing the partition ratio, the fluids Interference in the unseparated zone is found to be an important factor on the helium-air exchange flow rate.

Korean Exchange Rate Regime Change and Its Impact on Inflation in Comparison to Japan and Australia (한국 환율제도의 변화가 국내물가상승에 미치는 영향: 일본 및 호주와의 비교분석)

  • Lee, Byung-Joo
    • KDI Journal of Economic Policy
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    • v.28 no.1
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    • pp.193-218
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    • 2006
  • This paper examines the macroeconomic structural differences of the free floating exchange rate regime and the managed float exchange rate regime focusing on the Korean economy, and compares it to the two benchmark economies, Japan and Australia. Korea's shift to the free floating exchange rate regime from the managed float exchange rate regime came after the 1997 economic crisis. Korea's exchange rate policy provides a unique opportunity to study the different behaviors or roles, if any, of managed float and free floating exchange rate regimes. Based on a simple monetary model, we find that the exchange rates of Korea are more sensitive to the economic fundamentals under the free floating regime than under the managed float regime. Impulse response analysis shows that exchange rate pass-through into domestic variables, especially inflation rate, has a bigger short-term impact under the floating regime than under the managed regime. This finding is consistent with the view that the managed (or fixed) regime provides the domestic price stability necessary for the economic growth for the developing countries.

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