• Environmental and Resource Economics Review
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• v.23 no.1
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• pp.133-156
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• 2014

In general, quantity results of empirical analysis using model shows how much big performance policy has. Therefore this is useful to evaluate a policy. This paper composed macro economic model based on Bank of Korea's quarterly model and annual model, that estimates performance of overseas oil and gas development project to Korean economy in aspect of quantity. In this model, we estimated each effect in real GDP, current account, unemployment rate, CPI and exchange rate carried by recovered amount from overseas oil and gas development project. The recovered amount was evaluated in currency coming from oil and gas acquired from overseas oil and gas development project. Macro economic model of this paper benchmarked macro model composed by Bank of Korea(1997, 2004, 2012). We reviewed model robustness using statistical suitability of each equation and historical simulation for from 1994 to 2011. The recovered amount of overseas oil and gas development project has positive effect in every macro economic index except CPI and exchange rate. Economic effect to macro economic index become bigger with time because the recovered amount of overseas oil and gas development project are increasing until now. Although empirical results of economic effects in every year from the recovered amount of overseas oil and gas development project are different, as of 2011, empirical results showed that the recovered amount of overseas oil and gas development project increase 2.226% and 0.401% in current account and real GDP respectively. And it also decrease 0.489%p in unemployment rate. Exchange rate to US dollars also decrease in amount of 0.379%.

• International Commerce and Information Review
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• v.13 no.3
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• pp.119-142
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• 2011

Competitions for secure oil are intense around the world due to the limited oil reserves. The situations are becoming more serious as China has participated in the competition. This paper aims to investigate China's offshore oil development strategies to balance the supply and demand of oil and then suggest its policy implications. A surging increase of oil demand due to the rapid economic growth as well as the stagnation in domestic oil output has turned China into a net oil importer since 1993. Therefore, China has placed a significant priority on securing long-term stability of its offshore oil to cope with the rapid growing demand. It has taken a variety of strategies to secure stable oil resource such as development of offshore oil resource, increasing the number of oil importing countries. China with the highest foreign exchange reserve of approximately $3 trillion as of 2010, has considered to employ foreign exchange reserves while making a huge amount of investment to secure oil resource. China has pursued several policies such as loan to oil production country for securing oil, foreign direct investment on offshore oil development, M&A of oil exploration and production companies and geographical diversification of oil importing countries. China has promoted offensive strategies for securing oil resource rather than cooperation with other countries. Thus, China should find a trade-off point for recovering relationship with international society while developing and investing renewable energy for long-term future. It will also address some implications for Korea, which has to prepare new strategies of overseas oil development.

• Journal of the Korean Society for Precision Engineering
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• v.24 no.3 s.192
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• pp.61-66
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• 2007

This work is aimed to measure the deterioration in oil sensor. For the study, the circuit of a coil-type oil sensor packaged was developed and applied to the automobile engine for monitoring the deterioration of engine oil in driving conditions. From the principle which the deterioration of automobile engine oil can be expressed to the dielectric constant, the capacitance bridge circuit and the integrator circuit were designed. As results, the range of operating temperature of engine oil was experimentally recommended within $55^{\circ}C$ for the stability of a sensor designed. It was also concluded that the characteristics of output voltage converted from the dielectric constant were linearly distributed and predicted the optimized time for the exchange of engine oil.

• Journal of Sensor Science and Technology
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• v.21 no.6
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• pp.434-439
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• 2012

In this study, the oil degradation measuring for integrated sensor of drain valve was fabricated. A sensor used in the experiments was integrated with drain valves and installed in oil pan without requiring additional space. As a result of the experiments, the capacitances changed with two inflection points in accordance with an after in mileage. The first inflection point indicated the exhaustion of oil additives, and after the second inflection point, the oil degradation was completed, which increased the viscosity and disabled the functions of oil. Thus, this section was determined as the time of oil exchange.

• Proceedings of the Korean Society of Precision Engineering Conference
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• 2003.06a
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• pp.521-524
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• 2003

This paper is aimed to develop the circuit of a coil-type oil sensor packaged to the automotive engine oil monitoring the deterioration in the driving condition and let a driver notify the optimized time for the exchange of engine oil. By applying the principle which the deterioration of automotive engine oil can be expressed to the dielectric constant, the capacitance bridge circuit and the integrator circuit are designed and packaged to a coil-typed engine oil. In this study. the range of operating temperature of engine oil is experimentally recommended within 55$^{\circ}C$ for the stability of a sensor designed. It is concluded that the characteristics of output voltage converted from the dielectric constant are linearly distributed.

• Proceedings of the KIEE Conference
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• 2008.11a
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• pp.409-411
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• 2008

전문기관들의 장기 유가전망치를 바탕으로 타 발전용 연료의 장기가격 예측 가능성을 엿보기 위해, 유가와 타 발전용 연료간 상관관계를 분석해 본 결과 유가와 LNG가격은 상당한 유의성을 가지고 있는 것으로 나타난 반면, 타 전원과는 유의성이 미약한 것으로 나타났다. 따라서 엑셀 회귀분석을 통해 도출된 유가와 LNG 가격간의 상관식을 이용하여 LNG장기가격을 전망하는 것은 가능하다고 판단되나 결과치를 활용하기 위해서는 보다 정밀한 검증이 요구된다.

• Journal of the Korean Institute of Illuminating and Electrical Installation Engineers
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• v.25 no.8
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• pp.39-47
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• 2011

The motion of a conductive spherical particle under uniform electric field is investigated in order to find a suitable method for removing the conducting solid impurities contained in liquid plastic. When the positive dc voltage applied to the upper electrode, the vertical up-and-down motion of a charged particle by electrostatic force is observed by a charge-coupled device (CCD) camera or a high-speed video camera. The experimental data of the static threshold voltage by which the particle starts to move toward the counter electrode in air or silicone oil are in good agreement with theoretical value. When the applied voltage is larger than the static threshold voltage, the particle motion pattern in silicone oil consists of four stages: upward motion, stopping at the upper electrode, downward motion and stopping at the lower electrode. The stopping motion on the electrode is thought to be caused by the liquid flow accompanied by the particle motion. The particle charge calculated by integrating the pulse current, which is generated by the charge exchange between the electrode and the particle, is approximately 0.1~0.25 times of the theoretical value. This study is expected to help understand the electric properties of microparticles in oil circuit breaker (OCB) and oil transformer and improve their performance and longevity.

• Applied Biological Chemistry
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• v.27
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• pp.80-87
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• 1984

Although traditional Korean diet consists of Very little fats and oils, the increase of their consumption, especially vegetable oil, has been truly remarkable in recent years and this increase is attributed to the improvement of their dietary habit and the development of Korean food industry. On the other hand, domestic production of the edible vegetable oil did not increase at all. Naturally, foreign exchange (over a several hundred million U.S. dollars) is annually used in importing oil seed and/or oil per se. Under these circumstances, it is of utmost importance to maximize the domestic production of edible vegetable oil, although its complete self-sufficiency cannot be achieved. In this seminar, intake of fats and oils by Korean people, status and outlook of the domestic production and consumption of fats and oils will be discussed, with. emphasis on the utilization of agricultural by products and waste as a source of fats and oil.

• The Journal of Fisheries Business Administration
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• v.43 no.1
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• pp.49-61
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• 2012

The tax exemption oil for fishery is expecting that the use of oil is gradually decreasing according to the environmental change such as reductions of vessel force caused by an upswing of oil prices and reduction of fishing vessels in the recent. Such reductions in the tax exemption oil amount have a negative effect on the tax exemption oil business and the fishery infrastructure. This paper studied to provide the basic data for a stable supply thorough the facts affected in the use of the tax exemption oil and the prediction for the use of the tax exemption oil in future. This analysis drew a estimation method by Cochrane-Orcutt repeated proceeding model with an object main factors such as a price of tax exemption oil and vessel force and international oil prices and exchange rates. And this analysis also drew the use of a tax exemption oil by 2000 after set up the scenario using an estimation method drawn. For the use of the estimated tax exemption oil analyzed to decrease within about 81 percent of the present(2020), It should be considering a stability plan for tax exemption oil for fishery in future.

• Journal of the Korean Chemical Society
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• v.25 no.5
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• pp.300-305
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• 1981

The soy bean oil cakes and perillar oil cakes are phosphorylated and sulfonated to be used as ion exchangers. There 40-60mesh cations exchanges have bean tested on the capacity of ion exchange, the adsorption and distribution coefficients of several metal ions in various concentrations of binary solution mixture, hydrochloric acid and alcohol. From there experiments, the following results are concluded. The ion exchange capacity of ion exchangers are higher than 4 meq/g. The adsorption of metal ions on ion exchangers are increased generally as pH is increased, especially Co(II) on sulfonated soy bean oil cake. The distribution coefficients of various metal ions are decreased as the number of branches of carbon and hydroxyl groups are increased. There show that the stereo-isomerism of alkyl group or attraction of ligand have influenced upon various metal ions. Consequently it is deduced that there ion exchanges from soy bean oil cake and perillar oil cake resemble in properties to current ion exchangers.