• Title/Summary/Keyword: Exchange rate change

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An Experiment on Verification of Multi-Gas Tracer Technique for Air Exchange Rate Between Rooms (실간환기량 측정을 위한 멀티추적가스법의 검증실험)

  • Han, Hwa-Taik;Cho, Seok-Hyo
    • Proceedings of the SAREK Conference
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    • 2007.11a
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    • pp.99-104
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    • 2007
  • Tracer gas technique is widely used to measure the ventilation rates and/or ventilation effectiveness of building spaces. However, the conventional method using a single tracer gas can measure only outdoor air change rates in a single zone. This paper deals with the multi-gas tracer technique to measure air exchange rates between rooms. Interzonal air movements are important to characterize overall ventilation performance of complicated multi-zone buildings. Experiments are conducted in a simple two-room model with known airflow rates using tracer gases of SF6 and R134a. The concentration decays of two tracer gases are measured after simultaneous injections in each room. The governing equations are derived from the continuity and the mass balance of each room. The data reduction procedure are developed to obtain the inter-room airflow rates using the governing matrix inversion, and various data manipulation methods are tested, such as data shift, interpolation, smoothing, and etc, to improve the estimate and interpretation of the results.

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The Rubber Pricing Model: Theory and Evidence

  • SRISUKSAI, Pithak
    • The Journal of Asian Finance, Economics and Business
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    • v.7 no.11
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    • pp.13-22
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    • 2020
  • This research explores the appropriate rubber pricing model and the consistent empirical evidence. This model has been derived from the utility function and firm profit-maximization model of commodity goods. The finding shows that the period t - 1 affects expected commodity price and expected profit of commodity production. In fact, a change in the world price of rubber in the past period led to a change in the expected price of rubber in the short run which influenced the expected rubber profit. As a result, the past-period free on board price has an entirety effect on expected farm price of rubber given an exchange rate. In addition, the rubber pricing model indicates that the profit of local farmer on rubber plant depends solely on the world price of rubber in the short run in case of Thailand. In an empirical study, it was found that a change in the price of ribbed smoke sheet 3 in Singapore Commodity Exchange significantly and positively determined the fluctuation of rubber price at the farm gate in Thailand which was consistent with the behavior of the Thai farmers. Both prices are also cointegrated in the long run. That is, the result states that the VECM is an appropriated pricing model for forecasting the farm price in Thailand.

Analysis of Effect of the Ship's Route Exchange through the Ship Handling Simulation (선박조종 시뮬레이션을 통한 선박 경로 교환의 효과 분석)

  • Paek, Yun-Ji;Jung, Chang-Hyun
    • Journal of the Korean Society of Marine Environment & Safety
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    • v.24 no.1
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    • pp.10-17
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    • 2018
  • To prepare the integrated safety management system 'e-navigation', research is being conducted on the route exchange for sharing intended routes between ship and ship, and between ship and land. But they don't have enough specific grounds for the effects of route exchange and the necessity of its introduction and focus on technical aspects like the implementation of route exchange. This study tried to quantitatively analyze the effects of route exchange on sailing safety with the use of ship handling simulation, integrate simulation performers' subjective evaluations, and investigate the effects of route exchange. The ship-to-ship route exchange resulted in the initial collision avoidance action time was 3.43 minutes faster, the collision avoidance direction change rate was 60 %, the proximity to target A was 31 %, and Mean Rudder Angle Index decreased by 57 %. In addition, 95 % of the survey respondents had an effect on the decision making of collision avoidance, 85 % had a positive impact on safety navigation, 90 % had an accident prevention effect, 70 % reduced the psychological burden of officers, and 70 % should be introduced in practice.

Reduction of Nitrate using Nanoscale Zero-Valent Iron Supported on the Ion-Exchange Resin (이온교환 능력을 가진 지지체에 부착된 나노 영가철을 이용한 질산성 질소의 환원과 부산물 제거)

  • Park, Heesu;Park, Yong-Min;Jo, Yun-Seong;Oh, Soo-Kyeong;Kang, Sang-Yoon;Yoo, Kyoung-Min;Lee, Seong-Jae;Choi, Yong-Su;Lee, Sang-Hyup
    • Journal of Korean Society of Water and Wastewater
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    • v.21 no.6
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    • pp.679-687
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    • 2007
  • Nanoscale zero valent ion (nZVI) technology is emerging as an innovative method to treat contaminated groundwater. The activity of nZVI is very high due to their high specific surface area, and supporting this material can help to preserve its chemical nature by inhibiting oxidation. In this study, nZVI particles were attached to granular ion-exchange resin through borohydride reduction of ferrous ions, and chemical reduction of nitrate by this material was investigated as a potential technology to remove nitrate from groundwater. The pore structure and physical characteristics were measured and the change by the adsorption of nZVI was discussed. Batch tests were conducted to characterize the activity of the supported nZVI and the results indicated that the degradation of nitrate appeared to be a pseudo first-order reaction with the observed reaction rate constant of $0.425h^{-1}$ without pH control. The reduction process continued but at a much lower rate with a rate constant of $0.044h^{-1}$, which is likely limited by mass transfer. To assess the effects of other ions commonly found in groundwater, the same experiments were conducted in simulated groundwater with the same level of nitrate. In simulated groundwater, the rate constant was $0.078h^{-1}$ and it also reduced to $0.0021h^{-1}$ in later phase. The major limitation in application of ZVI for nitrate reduction is ammonium production. By using a support material with ion exchange capacity, the problem of ammonium release can be solved. The ammonium was not detected in the batch test, even when other competitive ions such as calcium and potassium existed.

Study on Exhaust Air Heat Transfer Characteristics of Heat Exchange System for White Smoke Reduction (백연 저감을 위한 열교환 시스템의 배기 열전달 특성에 관한 연구)

  • Wang, Zhen-Huan;Chun, Chong-Keun;Kwon, Young-Chul
    • Journal of the Korean Society of Mechanical Technology
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    • v.20 no.6
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    • pp.739-744
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    • 2018
  • In this study, effects of reducing white smoke at a heat exchange system for white smoke reduction were studied in the winter season. For this purpose, the heat transfer processes on the exhaust air were investigated by Solidworks. Five wave heat exchangers of air-to-air and air-to-water type were applied for the exhaust air heat recovery. The analytical condition of the exhaust air was fixed and the computational analysis was performed according to the change of SA(supply air) inlet velocities. In order to evaluate the performance of the heat exchange system for white smoke reduction, W(water)/SA recovered capacities and the temperature/absolute humidity reduction rate were calculated. As SA inlet velocity increased, the exit temperature and absolute humidity of the mixing zone were reduced by up to about $40^{\circ}C$ and 0.12kg/kg respectively. Also, W/SA recovered capacities increased linearly up to about 35%.

The Effects of the Changes of Economic Variables on the Import Container Volume of Gwangyang Port (경제변수의 변동이 광양항 수입컨테이너 물동량에 미치는 효과)

  • Mo, Soo-Won
    • Journal of Korea Port Economic Association
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    • v.25 no.3
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    • pp.269-282
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    • 2009
  • This study investigates the difference of behavioral patterns between the import container volume of all ports and that of Gwangyang port in Korea. All series span the period January 1999 to December 2008. I first test whether the series are stationary or not. I can reject the null hypothesis of a unit root in each of the level variables and of a unit root for the residuals from the cointegration at the 5 percent significance level. I hitherto make use of variance decompositions and impulse response functions, both of which have now been widely used to examine how much movement in one variable can be explained by innovations in different variables and how rapidly these fluctuations in one variable can be transmitted to another. The variance decompositions for the import container volume show that the proportions of the forecast error variance of import container volumes explained by themselves are 30 and 26 per cent after 12 months, respectively. As a result, innovations in exchange rate and business activity explain 70 and 74 per cent of the variance in the import container volume. All in all, innovation accounting indicates that import container volumes are not exogenous with respect to exchange rate and business activity. The impulse responses indicate that container volumes decrease sharply to the shocks in exchange rate and decay very slowly to its pre-shock level, while container volumes respond positively to the shocks in the business activity and disappear very slowly, showing that the shocks last very long. Furthermore Gwangyang port is more sensitive to the change of the exchange rate and the industrial production than all ports.

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Performance change according to the catalyst intrusion rate in the MEA for the PEM water electrolysis (고분자전해질 수전해용 MEA의 촉매침투도에 따른 성능변화)

  • Kim, Hong-Youl
    • 한국신재생에너지학회:학술대회논문집
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    • 2009.11a
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    • pp.254-256
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    • 2009
  • The performances of proton exchange membrane (PEM) water electrolysis depend on many factors such as materials, geometries, fabrication methods, operating conditions, and so forth. The fabrication method is concerned, membrane electrode assemblies (MEA) are a most important part to show different performances by different fabrication methods. The performance change of PEM water electrolysis was experimentally measured according to the fabrication differences of the anode electrodes. One point of view is the catalyst intrusion rate to the anode gas diffusion layer (GDL), and the other point of view is the catalyst loading distribution in depth of the anode GDL. Results show that the performances of MEA with deep intrusion of the catalysts are better in the range of low current densities but worse at higher current densities. The catalyst loading distribution does not affect significantly to the performance of PEM water electrolyser.

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Performance Change according to the Catalyst Intrusion Rate in the MEA for the PEM Water Electrolysis (고분자전해질 수전해용 MEA의 촉매침투도에 따른 성능변화)

  • Kim, Hong-Youl;Lee, Ji-Jung;Lee, Jae-Young;Lee, Hong-Ki
    • New & Renewable Energy
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    • v.5 no.4
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    • pp.75-78
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    • 2009
  • The performances of proton exchange membrane (PEM) water electrolysis depend on many factors such as materials, geometries, fabrication methods, operating conditions, and so forth. The fabrication method is concerned, membrane electrode assemblies (MEA) are a most important part to show different performances by different fabrication methods. The performance change of PEM water electrolysis was experimentally measured according to the fabrication differences of the anode electrodes. One point of view is the catalyst intrusion rate to the anode gas diffusion layer (GDL), and the other point of view is the catalyst loading distribution in depth of the anode GDL. Results show that the performances of MEA with deep intrusion of the catalysts are better in the range of low current densities but worse at higher current densities. The catalyst loading distribution does not affect significantly to the performance of PEM water electrolyser.

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A Study on the Water Exchange Plan with Disaster Prevention Facilities in Masan Bay (마산만 재해방지시설을 이용한 해수교환 방안에 관한 연구)

  • Kim, Gweon-Su;Ryu, Ha-Sang;Kim, Kang-Min
    • Journal of Navigation and Port Research
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    • v.37 no.6
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    • pp.637-645
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    • 2013
  • Masan bay with a semi-enclosed waters has serious water quality problems due to the low flow and river pollution load from land, and shows the vulnerable locational characteristics to storm surge. We are seeking the way of both operating disaster prevention facilities and water quality improvement measures in the bay. That is, the water was exchanged using the head difference occurred by operating disaster prevention facilities. The location of disaster prevention facilities was assumed to be in the inlet of the bay, in the vicinity of Machang bridge, and in the vicinity of Dot island and the operation time was assumed to be early morning hours(01~05) considering the number of shipping passage and annual tide, and spring tide of the largest head difference. In addition, the experiment case of water exchange including the in-outflow feeder pipe was tested. According to the simulation results, water exchange rate in all experiments has shown a steady increase. Water exchange rate of the whole of Masan bay in the case of present is 38.62%. The water exchange rate of the inside of Masan bay compared with the inlet of bay, appeared to be very low. Thus, we judged that the characteristics of semi-enclosed waters were well reproduced. On the results of the experiment of disaster prevention facilities and in-outflow feeder pipe, the case of the operation of disaster prevention facilities, water exchage rate is high compared with the case of present. And, the higer the operating frequency, the more water exchange is appeared. The cases of water exchange prevention facilities through the in-outflow feeder pipe caused by the head difference, also showed the higest improvement of the water quality. Compared with the south of Machang bridge, the effect of water exchange was better in the inlet of Masan bay and Dot island. On the other hand, the inlet of Masan bay is higer than Dot island as for water exchange of the whole of Masan bay, but opposite, water change rate including Masan inside was higher in the case of Dot island.

Mark-up and Export under Exchange Rate Movement - A Study of Manufacturing Firms in Daegu-Gyeongbuk - (환율변화에 따른 마크업(markup) 및 수출량 변화 분석 - 대구경북지역 제조업체 사례 -)

  • Pyun, Ju Hyun;Jang, Seok Hwan
    • Journal of the Korean Regional Science Association
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    • v.32 no.4
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    • pp.19-38
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    • 2016
  • This study investigates the effects of real exchange rate (RER) on firm level mark-up and export. Using firm level data in Daegu-Gyeongbuk manufacturing industries during 2006-2013, we find that firms adjust their markup in response to the RER changes and this adjustment is heterogeneous with respect to firm and industry characteristics. In particular, an increase in markup following the RER depreciation is greater for firms with lower intermediate input import and higher industry concentration. However, productive firms in this region increase their export, instead of markup, during the RER depreciation. This implies that the productive firms in the region may not retain significant market power: They do not change the final price in local currency to increase selling volume during the RER depreciation (the export price in foreign currency decreases).