• Title/Summary/Keyword: Long-Term Trend

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Long-run Equilibrium Relationship Between Financial Intermediation and Economic Growth: Empirical Evidence from Philippines

  • MONSURA, Melcah Pascua;VILLARUZ, Roselyn Mostoles
    • The Journal of Asian Finance, Economics and Business
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    • v.8 no.5
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    • pp.21-27
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    • 2021
  • The financial sector is one of the most important building blocks of the economy. When this sector efficiently implemented a well-crafted program on banking and financial system to translate financial activities to income-generating activity, economic growth will be realized. Hence, this study analyzed the effect of financial intermediation on economic growth and the existence of cointegrating relationship using time-series data from 1986 to 2015. The influence of financial intermediation in terms of bank credit to bank deposit ratio, private credit, and stock market capitalization and time trend to economic growth was estimated using ordinary least squares (OLS) multiple regression. The results showed that all the financial intermediation indicators and time trend exert significant effect on Gross Domestic Product (GDP) per capita. The positive sign of the time trend indicates that there is an upward trend in GDP per capita averaging approximately 0.06 percent annually. Furthermore, the cointegration test using the Johansen procedure revealed that there is a presence of long-term equilibrium relationship between financial intermediation and time trend and economic growth, and rules out spurious regression results. This study established the idea that financial intermediation in the Philippines has a significant and vital role in stimulating growth in the economy.

Outcomes of Neonatal Seizures (신생아 경련의 예후)

  • Sung, In-Kyung
    • Neonatal Medicine
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    • v.16 no.1
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    • pp.18-24
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    • 2009
  • Seizures are the most common clinical symptom of a neurologic insult and have long been recognized as an obvious marker of brain dysfunction in newborns. Presence of seizures in newborn infants may signify substantial risk for subsequent neurodevelopmental impairment including postneonatal epilepsy and death. The outcomes of seizures in neonates are determined mainly by the etiology of the seizures. Despite the decreasing trend of mortality of neonatal seizures, the prevalence of long-term neurodevelopmental sequelae in survivors has remained unchanged over time. Clinical studies have contributed to identifying significant prognostic factors for neurodevelopmental outcome. The underlying etiology of the seizures and electroencepaphalography background pattern are considered as most reliable early predictors of later neurologic sequelae. However, clinicians managing neonatal seizures are still challenged by difficult therapeutic and prognostic questions because of many unresolved issues in seizure recognition, terminology, relationships to the underlying brain lesion, effect of current management, particularly antiepileptic drugs on long-term outcomes. This review presents the prognosis of neonatal seizures, especially about mortality and neurodevelopmental deficit, and predictors of outcomes.

Water quality evaluation research through long-term water quality monitoring in Seohwa Stream Watershed (서화천유역 장기 수질모니터링을 통한 수질평가 연구)

  • Kal, Byungseok;Park, Jaebeom;Mun, Hyunsaing;Cho, Sohyun;Joo, Yongeun;Min, Kyeongok
    • Journal of Wetlands Research
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    • v.24 no.4
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    • pp.256-267
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    • 2022
  • This study analyzed the current status and trend of water quality using long-term water quality monitoring data measured over the past 5 years in the Seohwacheon Basin, located upstream of Daecheong Lake. In the Seohwacheon Basin, a project is underway to reduce the occurrence of algal blooms in the Daecheong Lake and to improve water quality, and continuous management is required for water quality management. The current water quality evaluation aims to identify the water quality management point, and the good water grade and the integrated water quality index (WQI) were used. For trend evaluation, the effect of the water quality improvement project was evaluated using the Mann-Kendall test and Sen's Slope. As a result of the evaluation, the current water quality index was used to identify the watersheds and when to manage water quality, and the effect of the improvement project was confirmed through trend analysis. Through this study, it is possible to review the water quality status and improvement effect using long-term water quality monitoring data, so it is expected to be applicable to similar types of watersheds in the future.

The Long Term Trends of Tropospheric Ozone in Major Regions in Korea

  • Shin, Hye Jung;Park, Ji Hoon;Park, Jong Sung;Song, In Ho;Park, Seung Myung;Roh, Soon A;Son, Jung Seok;Hong, You Deog
    • Asian Journal of Atmospheric Environment
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    • v.11 no.4
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    • pp.235-253
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    • 2017
  • This study was conducted for analyzing the contribution factors on ozone concentrations and its long term trends in each major city and province in Korea through several statistical methods such as simple linear regression, generalized linear model, KZ-filer, correlation matrix, Kringing method, and cluster analysis. The overall ozone levels in South Korea have been consistently increasing over the past 10 years. The ozone concentrations in Seoul, the biggest city in Korea, are the lowest in all areas with the highest increasing ratio for $95^{th}%$ ozone. It is thought that the active photochemical reaction could affect the higher ozone concentration increase. On the other hand, the ozone concentrations in Jeju are the highest in Korea with the highest increasing ratio for $5^{th}%$, $33^{th}%$, and $50^{th}%$ ozone. It is also thought that the weak $NO_x$ titration could be the reason of higher ozone concentrations in Jeju. In case of Jeju, transport related factors is the major factor affecting the ozone trend. Thus, it is assumed that the variation of ozone trend of Asian region affecting the ozone trend in Jeju, where domestic ozone photochemical reaction is less active than urban area. It is thought that the photochemical reaction plays the role of increasing of ozone concentrations in the urban area, even though the LRT affected on the increase of ozone concentrations in non-urban area.

Long-Term Trend Analyses of Water Qualities in Nakdong River Based on Non-Parametric Statistical Methods (비모수 통계기법을 이용한 낙동강 수계의 수질 장기 경향 분석)

  • Kim, Joo-Hwa;Park, Seok-Soon
    • Journal of Korean Society on Water Environment
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    • v.20 no.1
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    • pp.63-71
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    • 2004
  • The long-tenn trend analyses of water qualities were performed for 49 monitoring stations located in Nakdong River. Water quality parameters used in this study are the monthly data of BOD(Biological Oxygen Demand), TN(Total Nitrogen) and TP(Total Phosphorus) measured from 1990 to 1999. The long-tenn trends were analyzed by Seasonal Mann-Kendall Test and Locally WEighted Scatter plot Smoother(LOWESS). Nakdong river was divided into four subbasins, including upstream watershed, midstream watershed, western downstream watershed and eastern downstream watershed. The results of Seasonal Mann-Kendall Test indicated that there would be no trends of BOD in upstream watershed, western and eastern downstream watershed. Trends of BOD were downward in midstream watershed. For TN and TP, there were upward trends in all of watersheds. But LOWESS curves suggested that BOD, TN and TP concentrations generally increased between 1990 and 1996, then resumed decreasing.

Current Status of AERONET Observations in South Korea and Analysis of Long-Term Changes in Aerosol Optical Depth and Aerosol Distribution (국내 AERONET 관측 현황과 장기간 에어로졸 광학 깊이의 변화 및 에어로졸 분포 분석)

  • Seonghyeon Jang;Junshik Um
    • Atmosphere
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    • v.34 no.3
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    • pp.233-255
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    • 2024
  • This study analyzed the distribution of Aerosol Robotic Network (AERONET) Version 3 Level 2.0 data, spanning over two decades, across South Korea and its six administrative regions (Seoul metropolitan area, Chungcheong, Jeolla, Gangwon, Gyeongsang, and Jeju). The research assessed long-term trends in aerosol optical depth (AOD) and mass concentration of particulate matter (i.e., PM10 and PM2.5), using data from the AERONET direct sun product and AirKorea, respectively. Additionally, eight aerosol types were identified using the scattering Ångström exponent and absorption Ångström exponent from the AERONET inversion product. The study further explored their domestic and regional distributions. Findings indicated that AERONET data were predominantly concentrated in the western regions of South Korea, including the Seoul metropolitan area, Chungcheong, and Jeolla, with a higher frequency of data in spring, thus demonstrating spatial and temporal heterogeneity. The annual average AOD exhibited a declining trend of -0.006 yr-1. Similarly, PM10 and PM2.5 mass concentrations decreased by -1.324 ㎍ m-3 yr-1 and -1.335 ㎍ m-3 yr-1, respectively. These trends in AOD and PM10 (PM2.5) demonstrated positive correlations, with correlation coefficients of 0.674 (0.753) and statistically significant low p-values of 0.00058 (0.03), respectively. The analysis also revealed that aerosols in South Korea predominantly consisted of black carbon (BC) or BC-mixed types (84.09%), with a notable presence of smaller, less absorbent aerosol types (13.11%).

The Distribution Characteristics and Long-term Trend of Carbonaceous Species in Airborne Particulate in Seoul between 1986 and 1996

  • Hwang, Kyung-Chul;Ma, Chang-Jin
    • Journal of Korean Society for Atmospheric Environment
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    • v.19 no.E1
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    • pp.11-20
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    • 2003
  • To characterize airborne particulate carbon and its temporal variation in the heavily industrialized metropolitan city, Seoul in South Korea, aerosol sampling was performed from 1986 to 1996. Correlation coefficients of elemental carbon (EC) and organic carbon (OC) with mass concentration of fine particles ($\underline{\leq}$2.1 ${\mu}m$) are 0.73 and 0.51, respectively. EC concentrations of the fine particle mode are 10.1, 5.9, 4.5, and 7.4 ${\mu}g\;m^{-3}$ in winter, spring, summer, and autumn, respectively. On the other hand, OC concentration shows maximum value in winter and followed by autumn, summer, and spring. A seasonal peak in the ratio of OC to EC in fine particles was observed during the summer photochemical season from June to August. Concentrations of EC and OC in Asian dust storm events are generally higher than in non- Asian dust storm events except in 1990. The difference of EC concentrations between Asian dust storm periods and non-Asian dust storm periods are much larger than those of OC concentrations. There are slight increases of EC concentration between 1987 and 1990 and a gradual decrease between 1990 and 1996.

Comparative Analysis of Surface Heat Fluxes in the East Asian Marginal Seas and Its Acquired Combination Data

  • Sim, Jung-Eun;Shin, Hong-Ryeol;Hirose, Naoki
    • Journal of the Korean earth science society
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    • v.39 no.1
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    • pp.1-22
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    • 2018
  • Eight different data sets are examined in order to gain insight into the surface heat flux traits of the East Asian marginal seas. In the case of solar radiation of the East Sea (Japan Sea), Coordinated Ocean-ice Reference Experiments ver. 2 (CORE2) and the Objectively Analyzed Air-Sea Fluxes (OAFlux) are similar to the observed data at meteorological stations. A combination is sought by averaging these as well as the Climate Forecast System Reanalysis (CFSR) and the National Centers for Environmental Prediction (NCEP)-1 data to acquire more accurate surface heat flux for the East Asian marginal seas. According to the Combination Data, the annual averages of net heat flux of the East Sea, Yellow Sea, and East China Sea are -61.84, -22.42, and $-97.54Wm^{-2}$, respectively. The Kuroshio area to the south of Japan and the southern East Sea were found to have the largest upward annual mean net heat flux during winter, at -460- -300 and at $-370--300Wm^{-2}$, respectively. The long-term fluctuation (1984-2004) of the net heat flux shows a trend of increasing transport of heat from the ocean into the atmosphere throughout the study area.