• Title/Summary/Keyword: International exchange

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Basic Study for Development of Denitrogenation Process by Ion Exchange(V) -Synthesis of Nitrate-Selective Ion Exchange Resines- (이온교환법에 의한 탈질소 공정개발의 기초연구(V) -질산성 질소 선택적인 이온교환수지의 합성-)

  • 이동환;김승일;전진희;박찬영;이민규
    • Journal of Environmental Science International
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    • v.9 no.4
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    • pp.319-323
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    • 2000
  • Nitrate-selective ion exchange resin which have bulky tertiary amine as functional group have been synthesized by the reaction of chloromethylated polystyrene-divinylbenzene copolymer and the corresponding tertiary amine [$NR_3=NE_{t3} 1, N{(C_2 H_4 H_3)}_32]$in ethanol, while commercial resin has $NMe_3$ as functional group. The fundamental properties such as bulk density, water content, appearance index, exchange capacity, effective size, uniformity coefficient of synthesized anion exchange resin (1) have been measured. The ion exchange resin (1) and (2) exhibited the better selectivity for nitrate than sulfate in both batch and continuous column experiments.

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A Study on the methodology of applying and activating the Construction Drawing Information Exchange Standard(STEP) by CALS/EC (CALS/EC 체계에 따른 건설도면 정보교환 표준(STEP)의 적용 및 활성화 방안에 관한 연구)

  • 김인한;최중식
    • The Journal of Society for e-Business Studies
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    • v.7 no.2
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    • pp.39-53
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    • 2002
  • In the Korean domestic construction field, there are a lot of problems related to construction information exchange and sharing owing to the absence of construction drawing information exchange standard. To remedy the aforementioned inefficiency effectively, it is necessary to apply the STEP standard which is known as an international standard for achieving the establishment of Construction CALS. This study focus on suggesting a methodology to activate the STEP based construction drawing information exchange standard to the current construction drawing information exchanging and sharing practice. In this paper, the domestic and foreign standardization projects related to the construction drawing information have been investigated and analyzed. In addition, a methodology of applying and activating the STEP standard has been suggested. Finally, a verification and certification methodology for applying the CALS/EC construction drawing information exchange standard(STEP) have been suggested.

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Feasible Power Exchange between Russia and ROK Power Systems

  • Kim Jong-Yul;Lee Seung-Ryul;Yoon Jae-Young;Kim Ho-Yong
    • KIEE International Transactions on Power Engineering
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    • v.5A no.3
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    • pp.221-227
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    • 2005
  • This paper evaluates minimum and maximum power exchange considering economic and technical characteristics between Russia and ROK. First, we evaluate minimum power exchange to assure the economic feasibility by comparison with the total cost and benefit of the interconnected line. For evaluating maximum exchange power, system constraints are considered, which are examined through load flow and dynamic analysis by using the PSS/E program. As a result of these evaluations, we suggest the reasonable range of power exchange between ROK and Russia considering economic and technical constraints with the interconnection scenario that power system interconnection between ROK and Russia will be realized in the year 2010.

Risk Volatility Measurement: Evidence from Indonesian Stock Market

  • Rahmi, Mustika;Azma, Nurul;Muttaqin, Aminullah Achmad;Jazil, Thuba;Rahman, Mahfuzur
    • The Journal of Asian Finance, Economics and Business
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    • v.3 no.3
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    • pp.57-65
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    • 2016
  • The purpose of this paper is to investigate the volatility of both Islamic and conventional stock market in Indonesia with the aim of identifying the most appropriate model for risk management practice. The study considers GARCH as a genre of model to measure the volatility of stock market movement. The results support the view that each model shows specific volatility from both Islamic and conventional stock market in Indonesia. In Islamic stock market, volatility is affected by exchange rate and money supply (M1) but not interest rate as interest is prohibited in Islam. However, interest rate is found as a principal factor that affects volatility of conventional stock market. The outcomes of this paper are of particular significance to policy makers, as it provides guidelines to maintain economic health. Furthermore, the findings may assist practitioners to understand the consequences of macroeconomic factors such as exchange rate, money supply and interest rate, which are very crucial for the market stability of Indonesian stock market. The paper enhances the understanding of stock market volatility and proposes guidelines risk management practices.

Management of Spent Ion-Exchange Resins From Nuclear Power Plant by Blending Method

  • Kamaruzaman, Nursaidatul Syafadillah;Kessel, David S.;Kim, Chang-Lak
    • Journal of Nuclear Fuel Cycle and Waste Technology(JNFCWT)
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    • v.16 no.1
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    • pp.65-82
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    • 2018
  • With the significant increase in spent ion-exchange resin generation, to meet the requirements of Waste Acceptance Criteria (WAC) of the Wolsong disposal facility in Korea, blending is considered as a method for enhancing disposal options for intermediate level waste from nuclear reactors. A mass balance formula approach was used to enable blending process with an appropriate mixing ratio. As a result, it is estimated around 44.3% of high activity spent resins can be blended with the overall volume of low activity spent resins at a 1:7.18 conservative blending ratio. In contrast, the reduction of high activity spent resins is considered a positive solution in reducing the amount of spent resins stored. In an economic study, the blending process has been proven to lower the disposal cost by 10% compared to current APR1400 treatment. Prior to commencing use of this blending method in Korea, coordinated discussion, and safety and health assessment should be undertaken to investigate the feasibility of fitting this blending method to national policy as a means of waste predisposal processing and management in the future.

The Contagion of Covid-19 Pandemic on The Volatilities of International Crude Oil Prices, Gold, Exchange Rates and Bitcoin

  • OZTURK, M. Busra Engin;CAVDAR, Seyma Caliskan
    • The Journal of Asian Finance, Economics and Business
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    • v.8 no.3
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    • pp.171-179
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    • 2021
  • In the international markets, financial variables can be volatile and may affect each other, especially in the crisis times. COVID-19, which began in China in 2019 and spread to many countries of the world, created a crisis not only in the global health system but also in the international financial markets and economy. The purpose of this study is to analyze the contagious effect of the COVID-19 pandemic on the volatility of selected financial variables such as Bitcoin, gold, oil price, and exchange rates and the connections between the volatilities of these variables during the pandemic. For this aim, we use the ARMA-EGARCH model to measure the impact of volatility and shocks. In other words, it is aimed to measure whether the impact of the shock on the financial variables of the contagiousness of the epidemic is also transmitted to the markets. The data was collected from secondary and daily data from September 2th 2019 to December 20th, 2020. It can be said that the findings obtained have statistically significant effects on the conditional variability of the variables. Therefore, there are findings that the shocks in the market are contaminated with each other.

A Decision Support System for foreign exchange risk management (외환위험 헷징을 위한 의사결정 지원시스템)

  • 최생림;장석권
    • Korean Management Science Review
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    • v.11 no.2
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    • pp.161-184
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    • 1994
  • The purpose of this paper is to suggest a DSS(Decision Support System) framework for managing exchange risks involved in international transactions. To this aim, a number of hedging strategies were suggested and analyzed in their pros and cons. Also, developed were a system architechture and various functional modules for implementing the suggested foreign exchange risk management system and application scenario was demonstrated. Finally, future research areas were indicated.

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Spillover Effects of Foreign Direct Investment Inflows and Exchange Rates on the Banking Industry in China

  • Lee, Jung Wan;Wang, Zhen
    • The Journal of Asian Finance, Economics and Business
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    • v.5 no.2
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    • pp.15-24
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    • 2018
  • The study examines the magnitude of economic spillover and the impact of foreign direct investment (FDI) inflows on the efficiency of the bank industry in China. This study employs unit root tests, cointegration tests and cointegrating regression analysis, including fully modified ordinary least squares (FMOLS), canonical cointegrating regression (CCR) and dynamic OLS (DOLS) to test the proposed hypotheses. The sample is restricted to the period of time in which monthly data is available and comparable among variables for the period from January 2002 to October 2013 (142 observations). All of the time series data was collected and retrieved from the People's Bank of China, China Monthly Statistics from the National Bureau of Statistics of China, and International Financial Statistics database from International Monetary Fund. The results of the Johansen cointegration test suggest that there is a long-run equilibrium relationship between FDI inflows, foreign exchange rate and banks performance in China. The results of cointegrating regression analysis using FMOLS, CCR and DOLS suggest that M2 supply and FDI inflows are significant at the 0.01 level. The results confirm that FDI inflows in the banking sector are positively related to the increase of banks productivity and performance and short-term loans in China. However, the results suggest that Chinese Yuan currency exchange rate to U.S. dollar is not significant in the banking and financial industry of China.

Performance evaluation of nitrate removal in high TDS wet scrubber wastewater by ion exchange resin with dissolved air flotation (DAF) process

  • Kim, Bongchul;Yeo, Inseol;Park, Chan-gyu
    • Membrane and Water Treatment
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    • v.13 no.1
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    • pp.1-6
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    • 2022
  • The regulations of the International Maritime Organization (IMO) have been steadily strengthened in ship emissions. Accordingly, there is a growing need for development of related technologies for the removal of contaminants that may occur during the treatment of SOx and NOx using a wet scrubber. However, this system also leads to wastewater production when the exhaust gas is scrubbed. In this research, we evaluated the performance of an ion selective resin process in accordance with scrubber wastewater discharge regulations, specifically nitrate discharge, by the IMO. Accelerated real and synthetic wastewater of wet scrubbers, contained high amounts of TDS with high nitrate, is used as feed water in lab scale systems. Furthermore, a pilot scale dissolved air flotation (DAF) using microbubble generator with ion exchange resin process was combined and developed in order to apply for the treatment of wet scrubber wastewater. The results of the present study revealed that operating conditions, such as resin property, bed volume (BV), and inlet wastewater flow rate, significantly affect the removal performance. Finally, through a pilot test, DAF with ion exchange resin process showed a noticeable improvement of the nitrate removal rate compared to the single DAF process.

The Impact of Exchange Rate and Exchange rate Volatility on Stock Returns (환율과 환율변동성이 주식수익률에 미치는 영향)

  • Lee, Sa-Young
    • International Area Studies Review
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    • v.21 no.1
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    • pp.181-200
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    • 2017
  • This study investigates the impact of exchange rate and exchange rate volatility on the stock prices of eight industries from 2006 to 2015. The first and second exchange rate exposure of these eight industries is estimated with respect to four different exchange rates, namely the US dollar, Japanese yen, European currency unit, and British pound. In exchange rate exposure, stock prices in foods-beverages, paper-wood, electricity-gas, and banks industries are negatively related to exchange rate, whereas stock prices in electrical-electronic equp. and transport-equp. industries are positively related to exchange rate as expected. However stock price in machinery industry is negatively related to exchange rate, which is opposite to the expectation. Negative relationship is found between stock price in chemicals industry and exchange rate. In exchange rate volatility exposure, stock price in paper-wood industry is found to be negatively related to exchange rate volatility. Stock price in banks industry is also negatively related to exchange rate volatility. This result is opposite as expected, because banks are supposed to get more revenue by issuing derivatives related to foreign exchange when exchange rate volatility increases.