• Title/Summary/Keyword: Fixed Effect Analysis

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A Study on the Economic Impacts of Korean R&D Expenditure on the Manufacturing Industry by Technological Levels: Using the Input-Output Table (한국 R&D투자의 기술수준별 제조업 구분에 따른 경제적 파급효과 분석: 산업연관표 활용)

  • Park, Chang-Dae;Ahn, Seung-Ku;Park, Jung-Gu
    • Journal of Technology Innovation
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    • v.26 no.1
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    • pp.85-105
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    • 2018
  • This study analyzes the economic impacts of Korean R&D expenditure on the industrial structure by technological levels using 2010~2014 Input-Output table data. The industrial structure is reclassified into 4 manufacturing industries by OECD's Technology Intensity Definition. Then, we analyzes the production-inducing and value added-inducing of those industries. As the results of the analysis, it is found that the production-inducing effect by the R&D expenditure has been higher in the middle-high and middle-low technology manufacturing and that the value added-inducing effect has been higher in the middle-high technology manufacturing. On the other hand, the production and value added-inducing effects has been lower in the high-tech manufacturing which is highest in the R&D expenditure. The above results indicate that industrial structure has not been linked with the quality ladder that expresses the enhancement of tech level through R&D expenditure. Based on these results, the policy recommendation implies that R&D expenditure should be concentrated to improve the production- and value-added effects of the high technology manufacturing in order to advance the industrial structure. However, this study has the limitation that the analyses on the dynamic-inducing effects are not carried out due to the lack of fixed capital formation data.

Verification on the Design Formulas of Apron Length by Scour Analysis at Weir Downstream (보 하류부 세굴 분석을 통한 물받이공 길이 설계 공식 검토)

  • Ko, Dongwoo;Lee, Changhun;Kang, Joongu
    • Ecology and Resilient Infrastructure
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    • v.7 no.2
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    • pp.83-89
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    • 2020
  • This hydraulic study analyzed the scour effect at fixed downstream weirs based on the changes in the upstream bed slope. The study was performed using six different bed slopes, that is, 0%, 2%, 3%, 4%, 7%, and 10% at 0.117 ㎥/s in all cases. The scour depth, scour length, and scour volume were measured using a broadband laser scanner to quantitatively analyze the scour at the downstream weir. This study also examined the adequacy of the designed apron length by comparatively analyzing the results of the scour experiments and the apron length calculated using conventional design standard formulas. The analysis of the local scour effect at the downstream weir showed that scour length and scour depth increased as the bed slope became steeper. A comparison between the results of the scour experiment and that of the conventional design formulas showed that both formulas of the National Construction Research Institute and the Bligh were distributed within the allowable values when there was no upstream bed slope. However, as the bed slope upstream of the weir gradually increased, the scour lengths of the apron deviated slightly from the values obtained from the conventional design formulas.

Evaluation of p-y Curves of Piles in Soft Deposits by 3-Dimensional Numerical Analysis (3차원 수치해석을 이용한 점성토 지반의 p-y 곡선 산정)

  • Lee, Si-Hoon;Kim, Sung-Ryul;Lee, Ju-Hyung;Chung, Moon-Kyung
    • Journal of the Korean Geotechnical Society
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    • v.27 no.7
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    • pp.47-57
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    • 2011
  • The p-y curve has been used to design pile foundations subjected to lateral loading. Although the p-y curve has a large influence on the pile lateral behavior, p-y curves have not been clearly suggested. In this study, the p-y curve of clay was evaluated for drilled shafts in marine deposits by using 3-dimensional numerical analyses. First, the optimization study was performed to properly determine boundary extent, mesh size, and interface stiffness. The numerical modeling in the study was verified by comparing the calculated and the pile loading test results. Then, the p-y curves of single and group piles were evaluated from the parametric study. The selected parameters were pile diameter, pile Young's modulus and pile head fixed condition for a single pile, and pile spacing for group piles. Finally, the p-multiplier was evaluated by comparing the p-y curves of a single pile and group piles. As a result, the p-multiplier at pile spacing of 3D was 0.83, 0.67 and 0.78 for the front, middle, and back row piles, respectively, and showed values similar to those of O'Neill and Reese (1999). For the pile group with pile spacing larger than 60, the group effect can be ignorable.

Effect of 840 nm Light-Emitting Diode(LED) Irradiation on Monosodium Iodoacetate-Induced Osteoarthritis in Rats (흰쥐의 MIA 유발 무릎 뼈관절염에 대한 840 nm LED의 효과)

  • Jekal, Seung-Joo;Kwon, Pil-Seung;Kim, Jin-Kyung;Lee, Jae-Hyoung
    • Journal of the Korean Society of Physical Medicine
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    • v.9 no.2
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    • pp.151-159
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    • 2014
  • PURPOSE: The purpose of this study was to evaluate whether light-emitting diodes (LED) irradiation could be effective in a noninvasive, therapeutic device for the treatment of osteoarthritis(OA). METHODS: Twenty-four male Sprague-Dawley rats were divided into four groups: Vehicle control (saline); monosodium iodoacetate-injection (MIA); LED irradiation after MIA injection (MIA-LED); indomethacin-treatment after MIA injection (MIA-IMT). OA was induced by intra-articular injection of 3 mg MIA through the patellar ligament of the right knee. Vehicle control rats were injected with an equivalent volume of saline. The LED was irradiated for 15 min/day for a week after 7 days of MIA treatment. To compare with the effect of LED irradiation, the indomethacin was administrated 20 mg/kg twice a week orally after 7 days of MIA treatment. Knee joints were removed and fixed overnight in 10% neutral buffered formalin and decalcified by EDTA for 2 week before being embedded in paraffin. The assessment of OA induction were monitored by knee movement and radiographic finding. Histologic analysis were performed following staining with hematoxylin and eosin, safranin O-fast green, or toluidine blue, picrosirius red, and histologic changes were scored according to a modified Mankin system. Apoptotic cell in tissue sections was detected using TUNEL method. RESULTS: Radiographic examination could not show the differences between the MIA-treated and the MIA-LED-treated rats. In the histologic analysis, however, LED irradiation prevented cartilage damage and subchondral bone destruction, and significantly reduced mononuclear inflammatory cell infiltration and pannus formation. LED irradiation also reduced apoptosis of cartilage cells, but it prevented apoptosis of infiltrated inflammatory cells in synovium. In addition, LED irradiation showed an increase of collagen production in the meniscus. CONCLUSION: These results suggest that the 840 nm LED irradiation would be a suitable non-thermal phototherapy for the treatment of OA, as a cartilage protection and anti-inflammatory modality.

The impact of Workforce Aging on Labor Productivity: Using the Regional Panel Dataset in Korea (노동력 고령화가 노동 생산성에 미치는 영향 분석: 우리나라 지역별 패널통계 활용)

  • Jung, Yonghun;Lee, Seong-Hoon
    • Journal of Digital Convergence
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    • v.17 no.11
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    • pp.1-7
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    • 2019
  • This study analyzed the effects of labor aging on labor productivity using panel statistics of 16 local governments from 1995 to 2017. The aging of the labor force, defined as the proportion of workers aged 60 or older in total employment, in the results of the panel regression analysis considering regional fixed effects and various adjustment variables, has a very consistent and significant negative effect on labor productivity. For every 1% increase in aging, labor productivity decreases by about 0.14 ~ 0.20%. In addition, the per capita capital stock and human capital considered as adjustment variables contributed to the increase of labor productivity, and the unemployment rate, which is a proxy variable of the economic fluctuation, has a significant negative effect on labor productivity as expected. The coefficient of the industrial structure, which represents the share of the service industry in the whole industry, was positive, but is not significant. The results of this study suggest that the design and construction of economic and educational policies that can maintain and expand human capital are necessary to curb the reduction in labor productivity expected by the aging workforce.

Disentangling Trade Effects of the Korea - China FTA: Trade Liberalization or Political Conflicts?

  • HuiHui Yin;Juyoung Cheong
    • Journal of Korea Trade
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    • v.27 no.3
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    • pp.21-42
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    • 2023
  • Purpose - This paper investigates the trade effect of the Korea-China Free Trade Agreement (KCFTA) which coincides with political conflicts between the two countries due to the deployment of the Terminal High Altitude Area Defense (THAAD) in Korea. The two events occurred in the same year and both are likely to affect trade between two countries but in opposite directions. Therefore, it is crucial to distinguish between the trade effects from the KCFTA event and those from the THAAD event to evaluate the true FTA effects. However, this would be difficult when using only annual data. Accordingly, ex post studies to examine the trade effects of KCFTA are lacking in trustworthiness while many ex ante studies that conjecture the positive trade effects neglect the THAAD deployment impact. This paper aims to fill that gap. Design/methodology - Given that the KCFTA and THAAD events occurred in the same year but in different months, we use the monthly data from 2000 to 2019 of Korea's exports to bracket this period. We employ the difference-in-difference (DID) method within a gravity equation specification that uses hi-dimensional fixed effects to address various endogeneity issues and seasonal effects. We identify the net impact of KCFTA ratification from these two near-simultaneous events to quantify the effects of trade liberalization between these two countries. Findings - After isolating the THAAD effects on trade, the analysis creates a positive and statistically significant coefficient estimate of the KCFTA impact. In contrast, failing to isolate the THAAD effect produced a negative and statistically significant coefficient estimate of the KCFTA impact. Our results indicate that KCFTA independently increased Korea's exports to China by 10.2%, but that this increase was fully mitigated by the THAAD event. Further, our results verify that unobserved heterogeneity and multilateral resistance are technically difficult to account for in those estimations as that rely solely upon annual data, as this type of data are inadequate to control for the potential for endogeneity. Originality/value - This paper is one of the first studies to carefully evaluate the net trade effects of the KCFTA on Korea's largest trading partner while isolating the impact of simultaneously occurred political events that may influence trade in opposing directions. Our findings indicate that the lack of prior evidence of positive trade effects of the KCFTA when using annual data may be attributed to a failure to identify the impact of each event separately. This analysis supports using the correct modeling specification to avoid misleading conclusions when evaluating any important international trade policy.

The Effectiveness of Fiscal Policies for R&D Investment (R&D 투자 촉진을 위한 재정지원정책의 효과분석)

  • Song, Jong-Guk;Kim, Hyuk-Joon
    • Journal of Technology Innovation
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    • v.17 no.1
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    • pp.1-48
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    • 2009
  • Recently we have found some symptoms that R&D fiscal incentives might not work well what it has intended through the analysis of current statistics of firm's R&D data. Firstly, we found that the growth rate of R&D investment in private sector during the recent decade has been slowdown. The average of growth rate (real value) of R&D investment is 7.1% from 1998 to 2005, while it was 13.9% from 1980 to 1997. Secondly, the relative share of R&D investment of SME has been decreased to 21%('05) from 29%('01), even though the tax credit for SME has been more beneficial than large size firm, Thirdly, The R&D expenditure of large size firms (besides 3 leading firms) has not been increased since late of 1990s. We need to find some evidence whether fiscal incentives are effective in increasing firm's R&D investment. To analyse econometric model we use firm level unbalanced panel data for 4 years (from 2002 to 2005) derived from MOST database compiled from the annual survey, "Report on the Survey of Research and Development in Science and Technology". Also we use fixed effect model (Hausman test results accept fixed effect model with 1% of significant level) and estimate the model for all firms, large firms and SME respectively. We have following results from the analysis of econometric model. For large firm: i ) R&D investment responds elastically (1.20) to sales volume. ii) government R&D subsidy induces R&D investment (0.03) not so effectively. iii) Tax price elasticity is almost unity (-0.99). iv) For large firm tax incentive is more effective than R&D subsidy For SME: i ) Sales volume increase R&D investment of SME (0.043) not so effectively. ii ) government R&D subsidy is crowding out R&D investment of SME not seriously (-0.0079) iii) Tax price elasticity is very inelastic (-0.054) To compare with other studies, Koga(2003) has a similar result of tax price elasticity for Japanese firm (-1.0036), Hall((l992) has a unit tax price elasticity, Bloom et al. (2002) has $-0.354{\sim}-0.124$ in the short run. From the results of our analysis we recommend that government R&D subsidy has to focus on such an areas like basic research and public sector (defense, energy, health etc.) not overlapped private R&D sector. For SME government has to focus on establishing R&D infrastructure. To promote tax incentive policy, we need to strengthen the tax incentive scheme for large size firm's R&D investment. We recommend tax credit for large size film be extended to total volume of R&D investment.

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Throughput Performance of Slotted ALOHA Communication System with Guard Time and Capture Effect (신호점유 현상과 보호시간을 고려한 슬롯형 알로아 통신 시스템의 성능분석)

  • 이현구;곽경섭
    • The Journal of Korean Institute of Communications and Information Sciences
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    • v.18 no.7
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    • pp.989-998
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    • 1993
  • In a bursty user traffic mode, ALOHA random multiple access protocol achieves higher performance than any conventional fixed assignment technique. One of central problems in slotted ALOHA is synchronization. Because of the long propagation delay in satellite mobile communication, packet may be spilt over into adjacent slots and thus guard time may be included between packet intervals. In conventional ALOHA channels, simultaneous transmission by two or more users results in a collision : the unsuccessful packets have to be retransmitted according to some retransmission algorithm. However, in a radio environment, users are often at different distances from the receiver : therefore, their received signals have substantially different power levels. The packet arriving with the highest energy now has a good chance of being detected accurately. Similarly, in some spread-spectrum random access systems, the earliest arriving packet dominates later arriving packets and thus captures the channel. In this paper slotted ALOHA channel with non zero guard time and capture probability is studied. Using the Markovian model, the performance of slotted ALOHA with guard time and capture effects is derived and compared with that of the conventional ALOHA via numerical analysis.

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A Study on Longitudinal Flight Dynamics of a QTW UAV (QTW 무인항공기의 종축 비행동역학에 관한 연구)

  • Jung, Ji In;Hong, Sung Tae;Kim, Seungkeun;Suk, Jinyoung
    • Journal of the Korean Society for Aeronautical & Space Sciences
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    • v.41 no.1
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    • pp.31-39
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    • 2013
  • A Quad Tilt Wing UAV is a new concept hybrid UAV having the advantages of both fixed-wing and rotary-wing aircraft. This paper presents longitudinal flight dynamic characteristics of a Quad Tilt Wing UAV. The designed Quad Tilt Wing UAV is a configuration of a tandem wing type aircraft with an actuating motor and propeller mounted at each wing. Momentum theory is used to calculate the thrust, and nonlinear modeling is performed considering lift and drag generated by slip stream effect of propellers. Also, Force and moment variation at each tilting angle is considered. Static trim on longitudinal axis is analyzed via numerical simulation. Componentwise force contribution was analyzed at each trim mode. Dynamic characteristics were evaluated through eigenvalue analysis for a linear model at each flight mode. It is verified that longitudinal dynamic characteristics are changing from unstable to stable state by continuous transition of dominant poles.

Analysis and Countermeasure for BadUSB Vulnerability (BadUSB 취약점 분석 및 대응 방안)

  • Seo, Jun-Ho;Moon, Jong-Sub
    • IEMEK Journal of Embedded Systems and Applications
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    • v.12 no.6
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    • pp.359-368
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    • 2017
  • As the BadUSB is a vulnerability, in which a hacker tampers the firmware area of a USB flash drive. When the BadUSB device is plugged into the USB port of a host system, a malicious code acts automatically. The host system misunderstands the act of the malicious behavior as an normal behaviour for booting the USB device, so it is hard to detect the malicious code. Also, an antivirus software can't detect the tampered firmware because it inspects not the firmware area but the storage area. Because a lot of computer peripherals (such as USB flash drive, keyboard) are connected to host system with the USB protocols, the vulnerability has a negative ripple effect. However, the countermeasure against the vulnerability is not known now. In this paper, we analyze the tampered area of the firmware when a normal USB device is changed to the BadUSB device and propose the countermeasure to verify the integrity of the area when the USB boots. The proposed method consists of two procedures. The first procedure is to verify the integrity of the area which should be fixed even if the firmware is updated. The verification method use hashes, and the target area includes descriptors. The second procedure is to verify the integrity of the changeable area when the firmware is updated. The verification method use code signing, and the target area includes the function area of the firmware. We also propose the update protocol for the proposed structure and verify it to be true through simulation.