• East Asian Journal of Business Economics (EAJBE)
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• v.6 no.3
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• pp.24-36
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• 2018

Purpose - From establishing China-Japan diplomatic relations in 1972, the relations between two states has improved a lot, from which makes the government and the people reap much benefit. Owing to this reason, this paper aims at exploiting the impact of exchange rate volatility of RMB on China's foreign direct investment to Japan. Research design and methodology - The quarterly time series data from 2003 to 2016 will be employed to conduct an empirical analysis under the vector error correction model. Meanwhile, a menu of estimated methods such the Johansen co-integration test and the Granger Causality test will be also used to explore the impact of exchange rate volatility of RMB on China's foreign direct investment to Japan. Results - The empirical analysis results exhibit that the real exchange rate has a positive effect on China's foreign direct investment to Japan in the long run. Conversely, the real exchange rate volatility of RMB, the trade openness and the real GDP have a negative effect on China's foreign direct investment to Japan in the long run. However, in the short run, the China's foreign direct investment to Japan, the real exchange rate, the trade openness and the real GDP in period have a negative effect on China's foreign direct investment to Japan in period. Oppositely, the real exchange rate volatility of RMB in period has a positive effect on China's foreign direct investment to Japan in period. Conclusions - From the empirical evidences in this paper provided, it can be concluded that an increase in the exchange rate volatility of RMB can result in a decrease in the China's foreign direct investment to Japan in the long run. However, an increase in the exchange rate volatility of RMB can lead to an increase in the China's foreign direct investment to Japan in the short run. Therefore, the China's government should have a best control of the real exchange rate volatility of RMB so as to improve China's foreign direct investment to Japan.

• Asian Journal of Business Environment
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• v.12 no.3
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• pp.23-30
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• 2022

Purpose: This study aims to determine the effect of broadband access, education level, population numbers, and investment on the unemployment rate in Indonesia. Research design, data, and methodology: This study uses panel data from 34 provinces from 2016 to 2019. The analysis uses the fixed-effect model for panel data with the Feasible Generalized Least Square (FGLS) estimation method. Results: Broadband access has a negative and significant effect on the unemployment rate. Mean years of school, population, and foreign direct investment also have a negative and significant impact on the unemployment rate. In contrast, the domestic direct investment variable has a positive and significant effect. Conclusion: The availability of broadband access in an area allows easier and faster access to information. The ease of access to such information can affect producing goods and services, encouraging innovation and employment growth, and reducing the unemployment rate. This research recommends that the government intensify the Indonesia Broadband Plan policy to accelerate the development and equitable distribution of broadband access in all regions of Indonesia.

• Transactions of the Korean Society of Mechanical Engineers A
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• v.28 no.10
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• pp.1526-1533
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• 2004

The needs of walking assistant device such as the Ankle Foot Orthosis (A.F.O) are getting greater than before. However, most of the A.F.O are generally imported rather than domestic manufacturing. The major reason of high import reliability is the rack of impact properties of domestic commercial products. Therefore, this research is going to focus on the evaluation of impact properties of the A.F.O which has the high import reliability. Unfortunately, these kinds of researches are not performed sufficiently. This research is going to evaluate impact energy behavior in composite materials such as the glass/epoxy (S-glass, [0/90]sub 2S/) and the aramid/epoxy (Kevlar-29, woven type, 8 ply) of ankle foot orthosis. The approach methods were as follows. 1) The history of impact load and impact energy due to the various velocities. 2) Relationship between the deflection and damage shape according to the impact velocities. 3) The behavior of absorbed energy and residual strength rate due to the various impact velocities.

• The Journal of Asian Finance, Economics and Business
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• v.5 no.4
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• pp.35-44
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• 2018

The study is aimed at investigating the main factors that affect the interest rate yields, in the long-term. In addition, the study surveys the theories and literature relating to the determinants of interest rate. The importance of which is essential not only for governments, but also for banks and corporate financial risk management decisions, including risk exposures in banks and capital markets. Interest rate influences corporate profit as well as growth. For this purpose, the study examines the impact of budget deficit, risk-free rate, capital inflows, money supply and business cycles on real interest rate in Jordan. These factors are based upon well-established theories and straightforward practical view as interest rate determinants. Using data for (1990-2015), the study employed Johansen's co-integrating test, which takes into consideration the long-term unsynchronized relationships. The data is tested for normality, symmetric correlations, covariance diagonal and unit root. The results show that the government budget deficit, short-term risk-free interest rate, capital inflows, money supply and business cycle are long-term determinants of the real interest rate in Jordan. The coefficients of government budget deficit, short-term risk-free rate, money supply and business cycle all are inversely affecting the real interest rate, while capital inflows has a positive impact on the real interest rate.

• Proceedings of the Korean Society for Technology of Plasticity Conference
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• 2009.10a
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• pp.231-234
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• 2009

Based on combined continuum-fracture mechanics, fracture criterion was utilized to predict impact performance of advanced high-strength steel sheets: 340R and TWIP940. The macro-crack propagation behavior at high stress triaxiality was characterized by V-notch tests while deformation behavior at high strain rate was characterized by simple tension tests with various cross head speeds. The characterized mechanical properties were incorporated into the FE program ABAQUS/Explicit to simulate the charpy impact tests, which showed good agreement with experiments.

• Journal of Ocean Engineering and Technology
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• v.16 no.6
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• pp.55-59
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• 2002

Delamination means that cracking occurs on the interface layer between composite laminates. In this paper, to predict the delamination growth in composite laminates subjected to low-velocity impact, the unit load method was introduced, and an eighteen-node 3-D finite element analysis, based on assumed strain mixed formulation, was conducted. Strain energy release rate, necessary to determine the delamination growth, was calculated by using the virtual crack closure technique. The unit load method saves the computation time more than the re-meshing method. The virtual crack closure technique enables the strain energy release rate to be easily calculated, because information of the singular stress field near the crack tip is not required. Hence, the delamination growth in composite laminates that are subjected to low-velocity impact can be efficiently predicted using the above-mentioned methods.

• East Asian Economic Review
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• v.28 no.2
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• pp.175-219
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• 2024

This study investigates the impact of inflation rate fluctuations on economic growth in China, with a particular focus on potential non-linear characteristics. The global economic impact of the COVID-19 pandemic notably heightens the study's relevance. The research that the unidirectional causal relationship from inflation to economic growth in China first strengthens and then weakens over time. Furthermore, there is an inflation rate threshold effect on economic growth, identified at 2%. Below this threshold, inflation positively influences economic growth, whereas above it, the impact turns negative. This finding underscores the importance of balancing economic growth with inflation control in the formulation of monetary policy.

• Journal of Biosystems Engineering
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• v.26 no.2
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• pp.115-122
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• 2001

An impact-type seed-metering device was developed for the planting of rice-pellets. In this study, new design of pellet-metering device focused on simplicity and precision seeding for the planting of rice-seed pellets. In addition of seed-metering device, several devices were also developed such as seed-guiding device, seed-supplying tube and furrow opener for precision pellet planting. Field test was conducted to estimate the planting performance of the developed metering device. As a cam rotates, the impact bar of the metering device pushes a rice-seed pellet so that the seed can be discharged from the seed-supplying tube in the impact-type seed-metering device. Results of the tests showed that mean seeding spacing was 12cm at the traveling speed of 1.0m/s, corresponding to a target spacing for planting of rice-seed pellets. Also, both miss-seeded rate and damaged-seed rate were less than 2.0%, indicating acceptable levels for the precision planting. The developed mechanism of the impact-type metering device can be directly applied to the design of metering devices for the precision pellet planting of other crops.

• Korean Management Science Review
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• v.30 no.2
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• pp.79-95
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• 2013

In this study, we empirically examine the impact of win-win growth effort of domestic large firms on their financial performance. Specifically, we classify the financial performance into three aspects such as profitability, stability and efficiency, select corresponding financial ratios to each aspect, and analyze the causal relationship between the firms' win-win growth effort and each of the financial ratios. In addition, we figure out the impact of the firms' win-win growth effort on their stock rate of return. From the analysis, we show that the win-win growth effort has a positive impact on the firms' profitability, stability and stock prices; however, it does not give statistically significant impact on the firms' efficiency with even negative impact on it. These results imply that the firms' win-win growth effort could bring about inefficiency in their business operations, but the effort could increase the firms' profitability and make their financial structure more stable. Furthermore, the effort could enhance the firms' image of leading CSR (corporate social responsibility), which in turn increase their stock values.

• Transactions of the Korean Society of Mechanical Engineers A
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• v.40 no.9
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• pp.791-799
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• 2016

To ensure the reliability and safety of various mechanical systems in accordance with their high-speed usage, it is necessary to evaluate the dynamic deformation behavior of structural materials under impact load. However, it is not easy to understand the dynamic deformation behavior of the structural materials using experimental methods in the high strain-rate range exceeding $10^4\;s^{-1}$. In this study, the Taylor bar impact test was conducted to investigate the dynamic deformation behavior of metallic materials in the high strain-rate region, using a high-speed photography system. Numerical analysis of the Taylor bar impact test was performed using AUTODYN S/W. The results of the analysis were compared with the experimental results, and the material behavior in the high strain-rate region was discussed.