• The Journal of Asian Finance, Economics and Business
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• v.5 no.2
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• pp.25-33
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• 2018

In the globalization and free trade era, the current account deficit problem is a common phenomenon experienced by most countries, both developing and developed countries. Also with managed floating regime of exchange rate, it becomes very important to analyze the dynamics of current account balance which determine the trade. The deficit condition has lasted for four years in Indonesia, as well the deficit value above the value of the surplus that has been experienced during the period 2005-2011. This study is firstly aim to examine the condition of the deficit which happens in the export and import, manufactured goods and oil and gas, whether related to the transaction of goods and services. We try to build a predicted model which near the actual. Then, the focuses examines an exchange rate volatility impact on current account deficit. The model used in this research is a simultaneous model of Indonesia current account deficit from 2005 to 2014. The simulation result indicated that depreciation increase surplus to current account deficit. The decrease of export manufactured goods (non oil and gas) higher than the increase of import. For the oil and gas sector, depreciation of the rupiah against the US dollar results in an increased burden of higher oil and gas imports due to import transactions.

• 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 1^st 2000 to October 25^th 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.

• The Journal of Asian Finance, Economics and Business
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• v.8 no.5
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• pp.37-41
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• 2021

This study aims to investigate the relationship between the exchange rate and Trade Balance. Trade Balance is used as the dependent variable, and the independent variables are Exchange Rate, Gross Domestic Product, and Inflation. Augmented Dickey-Fuller unit root test was adopted to test the stationary property of time series data, Auto Regressive Distributed Lag model was employed to find the long run and short-run relationship and long-run adjustment, Bound test approach, the unrestricted Error Correction Model and Granger Causality Test are used to analyze the data from 1977 to 2019. The research findings suggest that inflation has a positive impact on the trade balance in the short run. The exchange rate and the Gross Domestic Product have adverse effects on Trade balance in the long run. The coefficient of ER in the previous year is negative, and the coefficient of TB in the previous year is positive and significant. This is consistent with the J-Curve phenomenon, which states that devaluation may not improve trade balance in the immediate period, but will significantly impact the trade balance improvement in subsequent periods. Hence Marshall Lerner Condition exists in Sri Lanka.

• 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.

• Journal of the Korea Organic Resources Recycling Association
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• v.11 no.1
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• pp.138-148
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• 2003

In the study, current status of waste plastic recycling was investigated. Some factors to obstruct recycling of waste plastic was analyzed. These factors include the difficulty of obtaining location and man power, unclear marking of recyclable plastic and inefficient rate in producer and consumer deposit system. Life cycle assessment(LCA) study was performed to investigate the environmental impact of waste plastic(PET) recycling. When the recycled raw plastic material is used together with the virgin raw plastic material, all the environmental impact showed (-) value except ozone depletion impact category. The environmental avoided impact was the greatest in the global warming impact category. For active promotion of recycling activity, source separation system of waste plastic should be established first of all. Also, marking system of the recycling waste plastic should be made more clear so that consumers can understand it easily. Other strategies include the determination of decent rate for producer and consumer deposit system, establishment of infrastructure and information system for waste plastic recycling and citizen's cooperation through intensive public education.

• Korean Journal of Applied Biomechanics
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• v.15 no.3
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• pp.1-7
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• 2005

Excessive pronation and impact force during running are related to various running injuries. To prevent these injuries, three type of running shoes are used, such as cushioning, stability, and motion control. Although there were may studies about the effect of midsole hardness on impact force, no study to investigate biomechanical effect of motion control running shoes. The purpose of this study was to determine biomechanical difference between cushioning and motion control shoes during treadmill running. Specifically, plantar and rearfoot motion, impact force and loading rate, and insole pressure distribution were quantified and compared. Twenty male healthy runners experienced at treadmill running participated in this study. When they ran on treadmill at 3.83 m/s. Kinematic data were collected using a Motion Analysis eight video camera system at 240 Hz. Impact force and pressure distribution data under the heel of right foot were collected with a Pedar pressure insole system with 26 sensors at 360 Hz. Mean value of ten consecutive steps was calculated for kinematics and kinetics. A dependent paired t-test was used to compare the running shoes effect (p=0.05). For most kinematics, motion control running shoes reduced the range of rearfoot motion compared to cushioning shoes. Runners wearing motion control shoe showed less eversion angle during standing less inversion angle at heel strike, and slower eversion velocity. For kinetics, cushioning shoes has the effect to reduce impact on foot obviously. Runners wearing cushioning shoes showed less impact force and loading rate, and less peak insole pressure. For both shoes, there was greater load on the medial part of heel compared to lateral part. For pressure distribution, runners with cushioning shoes showed lower, especially on the medial heel.

• Journal of Korea Water Resources Association
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• v.41 no.10
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• pp.1009-1021
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• 2008

In this study, 4 indices of hydraulic & hydrological, geomorphological, eco & environmental, social effect and 38 items are selected to calculate impact range of downstream of dam. The Analytic Hierarchy Process(AHP) was applied to determine the priority of impact range calculation indices and items. As results of indices valuation, hydraulic & hydrological effect is the first priority, the second is eco & environmental, next are geomorphological and social effect. As results of items valuation, the design flood of dam is the first priority, the second is the natural flood & design flood of channel, next are the design flood rate of channel, drainage area and back water level caused by downstream of dam. In the case of Daechung dam, impact ranges were estimated 47.21 km in terms of the design flood of dam, 45.71 km of the design flood rate of channel, 13.94 km of the drainage area.

• Journal of the Korea Institute of Information and Communication Engineering
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• v.3 no.4
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• pp.915-922
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• 1999

The field dependent characteristics of electron transport with GaAs impact ionization have been analyzed, using GaAa full band E-k relationship. The E-k relationship is derived from empirical pseudopotential method, using Fermi's golden rule and local form factor, and Brillouin zone is divided into tetrahedrons for calculating impact ionization rate, and tetrahedron method, in which integrates each tetrahedrons, is used. Monte Carlo simulation is used for analyzing anisotropy of impact ionization. A result of transient analysis for impact ionization has presented that anisotropy of impact ionization only arises during transient state and impact ionization is isotropic under steady state. Anisotropic characteristics of impact ionization for GaAs, which is presented in this paper, can be used in carrying out a transient analysis for GaAs devices.

• Steel and Composite Structures
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• v.47 no.5
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• pp.615-631
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• 2023

Steel corrosion induces structural deterioration of concrete-filled steel tubes (CFSTs), and any potential extreme action on a corroded CFST would pose a severe threat. This paper presents a comprehensive investigation on the lateral impact behaviour of CFSTs suffering from localised pitting corrosion damage. A refined finite element analysis model is developed for the simulation of locally corroded CFSTs subjected to lateral impact loads, which takes into account the strain rate effects on concrete and steel materials as well as the random nature of corrosion pits, i.e., the distribution patterns and the geometric characteristics. Full-range nonlinear analysis on the lateral impact behaviour in terms of loading and deforming time-history relations, nonlinear material stresses, composite actions, and energy dissipations are presented for CFSTs with no corrosion, uniform corrosion and pitting corrosion, respectively. Localised pitting corrosion is found to pose a more severe deterioration on the lateral impact behaviour of CFSTs due to the plastic deformation concentration, the weakened confinement and the reduction in energy absorption capacity of the steel tube. An extended parametric study is then carried out to identify the influence of the key parameters on the lateral impact behaviour of CFSTs with localised pitting corrosion. Finally, simplified design methods considering the features of pitting corrosion are proposed to predict the dynamic flexural capacity of locally pitted CFSTs subjected to lateral impact loads, and reasonable accuracy is obtained.

• Publications of The Korean Astronomical Society
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• v.10 no.1
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• pp.1-14
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• 1995

We observed impact spots on Jupiter which were formed by the collision with fragments of Shoemaker-Levy 9 comet during the period from 17 July to 13 August, by using the SNU 61cm reflector combined with CCD camera and DBVRI filters. In order to get more clear image of impact spots, the observed data were processed by the unsharp masking method, high-pass filtering method and Richardson-Lucy algorithm after the basic processing through IRAF package. The sizes of impact spots range from 2000km to 1000km, and from this size, the original size of comet fragments before collision with Jupiter is estimated to be less than ${\sim}3km$. From the observed rotating rate of impact spots, the rotational period of Jupiter is determined as $9^h$ $56^m$ $32^s$ at the southern latitude of $47^{\circ}{\sim}49^{\circ}$.