• Journal of Korea Port Economic Association
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• 제31권1호
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• pp.1-14
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• 2015

The standard GARCH model imposing symmetry on the conditional variance, tends to fail in capturing some important features of the data. This paper, hence, introduces the models capturing asymmetric effect. They are the EGARCH model and the GJR model. We provide the systematic comparison of volatility models focusing on the asymmetric effect of news on volatility. Specifically, three diagnostic tests are provided: the sign bias test, the negative size bias test, and the positive size bias test. This paper shows that there is significant evidence of GARCH-type process in the data, as shown by the test for the Ljung-Box Q statistic on the squared residual data. The estimated unconditional density function for squared residual is clearly skewed to the left and markedly leptokurtic when compared with the standard normal distribution. The observation of volatility clustering is also clearly reinforced by the plot of the squared value of residuals of export volume and values. The unconditional variance of both export volumes and export value indicates that large shocks of either sign tend to be followed by large shocks, and small shocks of either sign tend to follow small shocks. The estimated export volume news impact curve for the GARCH also suggests that $h_t$ is overestimated for large negative and positive shocks. The conditional variance equation of the GARCH model for export volumes contains two parameters ${\alpha}$ and ${\beta}$ that are insignificant, indicating that the GARCH model is a poor characterization of the conditional variance of export volumes. The conditional variance equation of the EGARCH model for export value, however, shows a positive sign of parameter ${\delta}$, which is contrary to our expectation, while the GJR model exhibits that parameters ${\alpha}$ and ${\beta}$ are insignificant, and ${\delta}$ is marginally significant. That indicates that the asymmetric volatility models are poor characterization of the conditional variance of export value. It is concluded that the asymmetric EGARCH and GJR model are appropriate in explaining the volatility of export volume, while the symmetric standard GARCH model is good for capturing the volatility.

• Journal of the Society of Naval Architects of Korea
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• 제36권4호
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• pp.64-76
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• 1999

In this paper hydroelastic experimental techniques of very large floating offshore structures are suggested based on the model test carried out in the UOU Ocean Engineering Wide Tank. The prototype is a box-shaped floating structure with length of 300m, breadth of 60m, depth of 2m and draft of 0.5m and longitudinal bending rigidity as $4.87{\times}10^{10}kgm^2$. The scale ratio is 1/42.857. The model is realized by aluminum square pipes with the section dimension of $20mm{\times}20mm$. The numbers of longitudinal and transverse pipes are 7 and 35 respectively. Heave motions at selected points are measured with potentiometers and bending moments with strain gages.

• Wind and Structures
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• 제32권3호
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• pp.179-191
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• 2021

A series of wind tunnel tests, including 1:50 sectional model tests, 1:50 free-standing bridge tower tests and 1:70 full-bridge aeroelastic model tests were carried out to systematically investigate the aerodynamic performance of the Hong Kong-Zhuhai-Macao Bridge (HZMB). The test result indicates that there are three wind-resistant safety issues the HZMB encounters, including unacceptable low flutter critical wind speed, vertical vortex-induced vibration (VIV) of the main girder and galloping of the bridge tower in across-wind direction. Wind-induced vibration of HZMB can be effectively suppressed by the application of aerodynamic and mechanical measures. Acceptable flutter critical wind speed is achieved by optimizing the main girder form (before: large cantilever steel box girder, after: streamlined steel box girder) and cable type (before: central cable, after: double cable); The installations of wind fairing, guide plates and increasing structural damping are proved to be useful in suppressing the VIV of the HZMB; The galloping can be effectively suppressed by optimizing the interior angle on the windward side of the bridge tower. The present works provide scientific basis and guidance for wind resistance design of the HZMB.

• Ocean Systems Engineering
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• 제8권4호
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• pp.427-439
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• 2018

Floating Production Storage and Offloading (FPSO) units have the advantages of their ability to provide storage and offloading capabilities which are not available in other types of floating production systems. In addition, FPSOs also provide a large deck area and substantial topsides payload capacity. They are in use in a variety of water depths and environments around the world. It is a good solution for offshore oil and gas development in fields where there is lack of an export pipeline system to shore. However due to their inherently high motions in waves, they are limited in the types of risers they can host. The Low Motion FPSO (LM-FPSO) is a novel design that is developed to maintain the advantages of the conventional FPSOs while offering significantly lower motion responses. The LM-FPSO design generally consists of a box-shape hull with large storage capacity, a free-hanging solid ballast tank (SBT) located certain distance below the hull keel, a few groups of tendons arranged to connect the SBT to the hull, a mooring system for station keeping, and a riser system. The addition of SBT to the floater results in a significant increase in heave, roll and pitch natural periods, mainly through the mass and added mass of the SBT, which significantly reduces motions in the wave frequency range. Model tests were performed at the Korea Research Institute of Ships & Ocean Engineering (KRISO) in the fall of 2016. An analytical model of the basin model (MOM) was created in Orcaflex and calibrated against the basin-model. Good agreement is achieved between global performance results from MOM's predictions and basin model measurements. The model test measurements have further verified the superior motion response of LM-FPSO. In this paper, numerical results are presented to demonstrate the comparison and correlation of the MOM results with model test measurements. The verification of the superior motion response through model test measurements is also presented in this paper.

• Geomechanics and Engineering
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• 제16권5호
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• pp.547-558
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• 2018

Studies of soil dynamic properties in Malaysia are still very limited. This study aims to investigate the dynamic properties of two selected tropical residual soils (i.e., Sandy Clay and Sandy Silt) and a sand mining trail (Silty Sand) in Peninsular Malaysia using 1g shaking table test. The use of 1g shaking table test for soil dynamic testing is often constrained to large strain level and small confining pressure only. Three new experimental setups, namely large laminar shear box test (LLSBT), small chamber test with positive air pressure (SCT), and small sample test with suction (SSTS) are attempted with the aims of these experimental setups are capable of evaluating the dynamic properties of soils covering a wider range of shear strain and confining pressure. The details of each experimental setup are described explicitly in this paper. Experimental results show that the combined use of the LLSBT and SCT is capable of rendering soil dynamic properties covering a strain range of 0.017%-1.48% under confining pressures of 5-100 kPa. The studied tropical residual soils in Malaysia behaved neither as pure sand nor clay, but show a relatively good agreement with the dynamic properties of residual soils in Singapore. Effects of confining pressure and plasticity index on the studied tropical residual soils are found to be insignificant in this particular study.

• Journal of the Korean GEO-environmental Society
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• 제9권6호
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• pp.71-79
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• 2008

The underground conduit laid under different environments exhibits various behaviour according to the ground and external load as well as the loading time and conditions, so on. As the environmental conditions are usually different even within the same area, it is very difficult to correctly predict the stress conditions and behaviour of the underground conduit using currently available theoretical analysis. Especially, it is not yet satisfied in Korea for the evaluation of the underground conduit under the influence of the load of vehicles or unexpected loading conditions. Thus, in this study the assessment for the excavation depth and ground disturbance was carried out with a large box model test and numerical analysis. Numerical analysis was also performed for the assessment of dynamic loading conditions like railway load.

• Korean Journal of Computational Design and Engineering
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• 제8권2호
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• pp.65-74
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• 2003

For virtual reality, virtual manufacturing system, or simulation based design, we need to visualize very large and complex 3D models which are comprising of very large number of polygons. To overcome the limited hardware performance and to attain smooth realtime visualization, there have been many researches about algorithms which reduce the number of polygons to be processed by graphics hardware. One of these algorithms, occlusion culling is a method of rejecting the objects which are not visible because they are occluded by other objects, and then passing only the visible objects to graphics hardware. Existing occlusion culling algorithms have some shortcomings such as the required long preprocessing time, the limitation of occluder shape, or the need for special hardware implementation. In this study, an efficient occlusion culling algorithm is proposed. The proposed algorithm reads and analyzes Z-buffer of graphics hardware using Microsoft DirectX, and then determines each object's visibility. This proposed algorithm can speed up visualization by reading Z-buffer using DirectX which can access hardware directly compared to OpenGL, by reading only the region to which each object is projected instead of reading the whole Z-Buffer, and the proposed algorithm can perform more exact visibility test by using simplified model instead of using bounding box. For evaluation, the proposed algorithm was applied to very large polygonal models. And smooth realtime visualization was attained.

• The Journal of Society for e-Business Studies
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• 제25권2호
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• pp.49-63
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• 2020

The accurate prediction of box office in the early stage is crucial for film industry to make better managerial decision. With aims to improve the prediction performance, the purpose of this paper is to evaluate the use of machine learning methods. We tested both classification and regression based methods including k-NN, SVM and Random Forest. We first evaluate input variables, which show that reputation-related information generated during the first two-week period after release is significant. Prediction test results show that regression based methods provides lower prediction error, and Random Forest particularly outperforms other machine learning methods. Regression based method has better prediction power when films have small box office earnings. On the other hand, classification based method works better for predicting large box office earnings.

• Earthquakes and Structures
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• 제15권6호
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• pp.655-665
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• 2018

Shield tunnels are widely used throughout the world. However, their seismic performance has not been well studied. This paper focuses on the seismic response of a large scale model tunnel in compacted sand. A 9.3 m long, 3.7 m wide and 2.5 m high rigid box was filled with sand so as to simulate the sandy soil surrounding the tunnel. The setup was excited on a large-scale shake table. The model tunnel used was a 1:8 scaled model with a cross-sectional diameter of 900 mm. The effective shock absorbing layer (SAL) on the seismic response of the model tunnel was also investigated. The thickness of the tunnel lining is 60 mm. The earthquake motion recorded from the Kobe earthquake waves was used. The ground motions were scaled to have the same peak accelerations. A total of three peak accelerations were considered (i.e., 0.1 g, 0.2 g and 0.4 g). During the tests, the strain, acceleration and soil pressure on the surface of the tunnel were measured. In order to investigate the effect of shock absorbing layer on the dynamic response of the sand- tunnel system, two tunnel models were set up, one with and one without the shock absorbing layer of foam board were used. The results shows the longitudinal direction acceleration of the model tunnel with a shock absorbing layer were lower than those of model tunnel without the shock absorbing layer, Which indicates that the shock absorbing layer has a beneficial effect on the acceleration reduction. In addition, the shock absorbing layer has influence on the hoop strain and earth pressure of the model tunnel, this the effect of shock absorbing layer to the model tunnel will be discussed in the paper.

• Journal of the Geological Society of Korea
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• 제54권6호
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• pp.605-614
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• 2018

For physical experiments like analogue modeling that designed for studying geological deformation, reproducibility of the deformation is important to guarantee the reliability of the experiment. In this study, the normal fault generated by extensional stress is benchmarked using a sand box model. The scaling factors for the modeling test are considered and the experiments are conducted by setting the appropriate material, extensional stress, and boundary condition in the same way as in a benchmark experiment. In addition, a large centrifuge facility is used to vary the centrifugal acceleration and extension rate in the same sized model to account for the scaling factors of the physical quantity during extensional behavior. At 1 g benchmark condition and a centrifugal field at 10 g, a constant rate of the extensional stress is implemented and the topographic evolution is reliably measured. In this study, the reliability and applicability of large centrifuge model tests are evaluated for formulating experiments designed to study geological deformation.