• Title/Summary/Keyword: Growth Convergence

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The Impact of Financial Development on Economic Growth: Empirical Evidence from Transitional Economies

  • NGUYEN, Phuc Tran;PHAM, Trinh Tuyet Thi
    • The Journal of Asian Finance, Economics and Business
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    • v.8 no.11
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    • pp.191-201
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    • 2021
  • This article examines the role of financial development in economic growth in a number of transitional economies where the financial systems were newly established or reformed only in the early 1990s to facilitate their transition from centrally planned economies to market-based ones. Based on a dataset collected from 29 transitional economies and 5 Asian developing economies covering the period 1990-2020, an empirical endogenous growth model is specified and estimated using the generalized method of moments (GMM). Three measures of financial development are used to investigate the relative role of the banking system and stock exchange market in the process of transition and growth. The results show that the three measures of financial development are crucial determinants of economic growth in transitional economies but the link seems to be in an inverted U-shape. This suggests the existence of thresholds for different channels of the financial sector to expand to positively influence growth. When becoming too large relative to the size of the economy, the financial system would have become a factor not conducive to growth. The growth convergence hypothesis is also confirmed and the impacts of other growth determinants are overall consistent with the extant literature.

Growth Response in Hydroponic Cultured Dracaena braunii Grown under Various Chloride Ion Concentrations (수경재배에서 제설제 염소이온 농도에 따른 개운죽 (Dracaena braunii)의 생육반응)

  • Son, Hye-Mi;Park, Ju-Young;Yoon, Young-Han;Ju, Jin-Hee
    • Journal of Environmental Science International
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    • v.26 no.9
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    • pp.1081-1086
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    • 2017
  • The present study was conducted for the purpose of analyzing the growth response of Dracaena braunii treated with chloride ions and to evaluate its salt tolerance. Distilled water (CON) was spiked with 1 (C1), 2 (C2), 5 (C5), 10 (C10) and 15 g/L (C15) $CaCl_2$, respectively. Acidity (pH) and electrical conductivity of hydroponic solution, and leaf width, leaf length, root length, number of leaves, fresh weight, dry weight and the water content of Dracaena braunii were measured. Acidity and electrical conductivity remarkably increased commensurate with increasing concentrations of $CaCl_2$. Growth in the C1 treatment was better than that in CON, whereas the C10 or C15 treatments caused either slow growth or withering of the plants. Fresh weight, dry weight and water content were significantly decreased in response to $CaCl_2$ concentration, compared with those in the control. These results showed that $CaCl_2$ concentration less than 1 g/L may be used as a hydroponic solution for D. braunii, as long as the water quality is not too saline. The chlorine ion has a negative effect on the growth.

Growth curve estimates for wither height, hip height, and body length of Hanwoo steers (Bos taurus coreanae)

  • Park, Hu-Rak;Eum, Seung-Hoon;Roh, Seung-Hee;Sun, Du-Won;Seo, Jakyeom;Cho, Seong-Keun;Lee, Jung-Gyu;Kim, Byeong-Woo
    • Korean Journal of Agricultural Science
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    • v.44 no.3
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    • pp.384-391
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    • 2017
  • Growth curves in Hanwoo steers were estimated by Gompertz, Von Bertalanffy, Logistic, and Brody nonlinear models using growth data collected by the Hanwoo Improvement Center from a total of 6,973 Hanwoo (Bos taurus coreanae) steers 6 to 24 months old that were born between 1996 and 2015. The data included three parameters: A, mature size of body measurement; b, growth ratio; and, k, intrinsic growth rate. Nonlinear regression equations for wither height according to Gompertz, Von Bertalanffy, Logistic, and Brody models were $Y_t=144.7e^{-0.5869e^{-0.00301t}}$, $Y_t=145.3(1-0.1816e^{-0.00284t})^3$, $Y_t=143.1(1+0.7356e^{-0.00352t})^{-1}$, and $Y_t=146.8(1+0.4700e^{-0.00249t})^1$, respectively, while those for hip height were $Y_t=144.5e^{-0.5549e^{-0.00312t}}$, $Y_t=145.0(1-0.1724e^{-0.00295t})^3$, $Y_t=143.1(1+0.6863e^{-0.00360t})^{-1}$, and $Y_t=146.2(1+0.4501e^{-0.00263t})^1$, respectively. Equations for body length $Y_t=174.1e^{-0.8342e^{-0.00289t}}$, $Y_t=175.8(1-0.2500e^{-0.00265t})^3$, $Y_t=170.0(1+1.1548e^{-0.00363t})^{-1}$, and $Y_t=180.3(1+0.6077e^{-0.00215t})^1$, respectively, for the same models. Among the four models, the Brody model resulted in the lowest mean square error, with mean square errors of 31.79, 30.57, and 42.13, respectively, for wither height, hip height, and body length. Also, an estimated birth wither height, birth hip height, and birth body length (77.98, 80.57, and 70.97 cm, respectively) were lower in the Brody model than in other models. An inflection point was not observed during the growth phase of Hanwoo steer according to the growth curves calculated using Gompertz, Von Bertalanffy, and Logistic models. Based on the results, we concluded that the regression equation using the Brody model was the most appropriate among the four growth models. To obtain more accurate parameters, however, using data from a wider production period (from birth to shipping) would be required, and the development of a suitable model for body conformation traits would be needed.

On Stable Adaptive Input-Output Linearizing Controller Design Using Normalized Estimator and Convergence Characteristics (정규화 추정기에 의한 안정한 적응 입출력 선형화 제어기의 설계 및 수렴특성에 관한 연구)

  • 이만형;백운보
    • Transactions of the Korean Society of Mechanical Engineers
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    • v.16 no.9
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    • pp.1722-1727
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    • 1992
  • In this study, techniques of adaptive input-output linearizing control of a class of uncertain nonlinear system are investigated. It is shown through concepts of signal growth rates that bounded trackings yield by adaptive input-output linearizing control law using normalized estimator. The convergence characteristics are improved significantly by using the normalized estimator. Simple example is presented as illustration.

The highly sensitive NO2 gas sensor using ZnO nanorods grown by the sol-gel method (졸-겔법으로 증착된 ZnO 나노막대를 이용한 고감도 이산화질소 가스 센서 제작 및 특성 연구)

  • Park, S.J.;Kwak, J.H.;Park, J.;Lee, H.Y.;Moon, S.E.;Park, K.H.;Kim, J.;Kim, G.T.
    • Journal of Sensor Science and Technology
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    • v.17 no.2
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    • pp.147-150
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    • 2008
  • Multiple ZnO nanorod device detecting $NO_2$ gas was fabricated by sol-gel growth method and gas response characteristics were measured as a chemical gas sensor. The device is mainly composed of sensing electrode and sensing nano material. To acquire high sensitivity of the device for $NO_2$ gas it was heated by a heat chuck up to $400^{\circ}C$ The sensing part was easily made using the CMOS compatible process, for example, the large area and low temperature nano material growth process, etc. The sensors were successfully demonstrated and showed high sensitive response for $NO_2$ gas sensing.

A Comparative Study on the Trend of Technological Convergence (기술융합의 세계적 추세와 한국의 현황 비교분석)

  • Lee, June Young;Kim, Dohyun;Ahn, Sejung;Kwon, Oh-Jin;Moon, Yeong-Ho
    • Journal of Korean Institute of Industrial Engineers
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    • v.39 no.3
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    • pp.222-232
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    • 2013
  • In recent years, 'technological fusion or convergence' has drawn a lot of attention of innovation researchers and governmental policy makers as the driving force of technological innovation and industrial growth. There are, however, few studies on the analysis of longitudinal trends of technological convergence and its comparison between global and national level. In this study, with the citation data of about 18 million articles, we analyzed 1) the growth of representative convergence research areas, 2) the convergence of citing patterns between research fields, and 3) the changing trend of diversity index of all research fields. We conclude that technological convergence in korea shows the relatively strong orientation to the combination of neighboring fields than that of heterogenous fields in comparison to global trend. In particular, the relatively weak activity of cognitive science and the low level of mutual exchange between arts/humanities/social sciences and natural/engineering sciences in Korea are emphasized.

An Convergence Analysis of the Effect of Growth Hormone Deficiency on the Development of Teeth in short stature Children (성장호르몬결핍이 저신장 소아의 치아발육에 미치는 영향에 대한 융합 분석)

  • Son, Hwa-Kyung;Kang, So-Hee;Lee, Hee-Kyung
    • Journal of the Korea Convergence Society
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    • v.12 no.6
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    • pp.39-47
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    • 2021
  • The purpose of this study is to analyze the differences among short statured children with growth hormone deficiency, idiopathic, and normal children in order to find the effect of growth hormone deficiency on tooth developmental stage. We classified children diagnosed with short stature at the Pediatrics in Yeungnam University Hospital as subjects due to idiopathic and growth hormone deficiency. We analyzed the relationship between short stature and tooth development through the measuring of oral panorama and body index. Only the eruption of lateral incisors showed significant difference between short statured with growth hormone deficiency and idiopathic. Almost all tooth eruption was significantly delayed on short statured children with growth hormone deficiency compared to average group. In conclusion, short stature children with either growth hormone deficiency or idiopathic were affected not only in their somatic stature but also dental maturity. We look forward to this study presenting basic data for orthodontic therapy.

Effect of Processing Parameters on Direct Fabrication of Polycrystalline Silicon Wafer (다결정 실리콘 웨이퍼 직접제조에 대한 공정변수 영향)

  • Wi, Sung-Min;Lee, Jin-Seok;Jang, Bo-Yun;Kim, Joon-Soo;Ahn, Young-Soo;Yoon, Woo-Young
    • Journal of Korea Foundry Society
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    • v.33 no.4
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    • pp.157-161
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    • 2013
  • A ribbon-type polycrystalline silicon wafer was directly fabricated from liquid silicon via a novel technique for both a fast growth rate and large grain size by exploiting gas pressure. Effects of processing parameters such as moving speed of a dummy bar and the length of the solidification zone on continuous casting of the silicon wafer were investigated. Silicon melt extruded from the growth region in the case of a solidification zone with a length of 1cm due to incomplete solidification. In case of a solidification zone wieh a length of 2 cm, on the other hand, continuous casting of the wafer was impossible due to the volume expansion of silicon derived from the liquid-solid transformation in solidification zone. Consequently, the optimal length of the solidification zone was 1.5 cm for maintaining the position of the solid-liquid interface in the solidification zone. The silicon wafer could be continuously casted when the moving speed of the dummy bar was 6 cm/min, but liquid silicon extruded from the growth region without solidification when the moving speed of the dummy bar was ${\geq}$ 9 cm/min. This was due to a shift of the position of the solid-liquid interface from the solidification zone to the moving area. The present study reports experimental findings on a new direct growth system for obtaining silicon wafers with both high quality and productivity, as a candidate for an alternate route for the fabrication of ribbon-type silicon wafers.

Growth of Dendranthema zawadskii in Chloride-containing De-icing Salt Areas Upon Treatment With Soil Amendments (제설제 피해지에서 토양개량제 처리에 따른 구절초의 생육특성 비교)

  • Ju, Jin-Hee;Yang, Ji;Park, Sun-Young;Yoon, Yong-Han
    • Journal of Environmental Science International
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    • v.30 no.3
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    • pp.235-243
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    • 2021
  • This study was conducted to investigate the growth of Dendranthema zawadskii in damaged soils when they are treated with improvement agents. The treatments consisted of a control (unamended field soil) and the application of a loess ball of 1 cm to the field soil. According to the degree of damage the de-icing agent had caused, the soils were divided into 3 areas (based on the yellowing of Pinus densiflora for. multicaulis in soil surveys): H (high saline), M (medium saline), and L (low saline). A total of six treatments were performed: D. zawadskiia plant without soil amendment (H; high saline soil, M; medium saline soil, L; low saline soil), and a D. zawadskiia plant with loess ball on the soil surface (H.L; high saline soil with loess ball, M.L; medium saline soil with loess ball, L.L; low saline soil with loess ball). The results showed that D. zawadskiia growth went from highest to lowest in the order: M.L > L.L > M > L > H.L > H. Plant growth results showed that soils treated with soil amendments (loess ball) were better for D. zawadskii growth than untreated soils.

Changes in Growth of Microgreens and Substrate Nutrients by Seed Mixture Rate in Indoor Agriculture (실내 도시농업에서 혼합파종 비율에 따른 어린잎채소의 생육 및 배지 양분 변화)

  • Ju, Jin-Hee;Park, Sun-Young;Song, Hee-Yeon;Yoon, Yong-Han
    • Journal of Environmental Science International
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    • v.31 no.7
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    • pp.569-577
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    • 2022
  • This study aimed to evaluate the growth of Cichorium intybus, Brassica juncea, and Lactuca sativa at varying seed ratios, and to suggest an efficient management plan for sustainable indoor agriculture systems. It was treated with mixed sowing as follows: 30 chicory seeds (chicory alone: CC), 22 chicory seeds + 8 lettuce seeds (C3L1), 20 chicory seeds + 10 lettuce seeds (C2L1), 15 chicory seeds + 15 lettuce seeds (C1L1) as intraspecies, and 30 mustard seeds (mustard alone: MC), 22 mustard seeds + 8 lettuce seeds (M3L1), 20 mustard seeds + 10 lettuce seeds (M2L1), 15 mustard seeds + 15 lettuce seeds (M1L1) as interspecies. The study identified the competitive response in seed germination between Cichorium intybus and Lactuca sativa, and in the C3L1 experimental group, Lactuca sativa had the highest leaf length, root length, chlorophyll content, and fresh weight. Therefore, the higher the ratio of Cichorium intybus, the higher the growth and productivity of Lactuca sativa; however, higher the ratio of Lactuca sativa, the lower the growth of Cichorium intybus. Furthermore, the nitrogen and potassium content in the substrate was the highest in the C3L1 experimental grorp which had the highest seeding rate of the Cichorium intybus. Comparing the groups Brassica juncea and Lactuca sativa, the higher the seeding ratio of Lactuca sativa, the higher the growth and productivity of Brassica juncea. Therefore, a companion seeding of Brassica juncea and Lactuca sativa is beneficial; this could be effective in having a high seeding ratio of Lactuca sativa.