• Title/Summary/Keyword: Panel study

Search Result 6,410, Processing Time 0.033 seconds

The Macroeconomic and Institutional Drivers of Stock Market Development: Empirical Evidence from BRICS Economies

  • REHMAN, Mohd Ziaur
    • The Journal of Asian Finance, Economics and Business
    • /
    • v.8 no.2
    • /
    • pp.77-88
    • /
    • 2021
  • The stock markets in the BRICS (Brazil, Russia, India, China and South Africa) countries are the leading emerging markets globally. Therefore, it is pertinent to ascertain the critical drivers of stock market development in these economies. The currrent study empirically investigates to identify the linkages between stock market development, key macro-economic factors and institutional factors in the BRICS economies. The study covers the time period from 2000 to 2017. The dependent variable is the country's stock market development and the independent variables consist of six macroeconomic variables and five institutional variables. The study employs a panel cointegration test, Fully Modified OLS (FMOLS), a Pooled Mean Group (PMG) approach and a heterogeneous panel non-causality test.The findings of the study indicate co-integration among the selected variables across the BRICS stock markets. Long-run estimations reveal that five macroeconomic variables and four variables related to institutional quality are positive and statistically significant. Further, short-run causalities between stock market capitalization and selected variables are detected through the test of non-causality in a heterogeneous panel setting. The findings suggest that policymakers in the BRICS countries should enhance robust macroeconomic conditions to support their financial markets and should strengthen the institutional quality drivers to stimulate the pace of stock market development in their countries.

Discrete-time Survival Analysis of Risk Factors for Early Menarche in Korean Schoolgirls

  • Yong Jin Gil;Jong Hyun Park;Joohon Sung
    • Journal of Preventive Medicine and Public Health
    • /
    • v.56 no.1
    • /
    • pp.59-66
    • /
    • 2023
  • Objectives: The aim of this study was to evaluate the effect of body weight status and sleep duration on the discrete-time hazard of menarche in Korean schoolgirls using multiple-point prospective panel data. Methods: The study included 914 girls in the 2010 Korean Children and Youth Panel Study who were in the elementary first-grader panel from 2010 until 2016. We used a Gompertz regression model to estimate the effects of weight status based on age-specific and sex-specific body mass index (BMI) percentile and sleep duration on an early schoolchild's conditional probability of menarche during a given time interval using general health condition and annual household income as covariates. Results: Gompertz regression of time to menarche data collected from the Korean Children and Youth Panel Study 2010 suggested that being overweight or sleeping less than the recommended duration was related to an increased hazard of menarche compared to being average weight and sleeping 9 hours to 11 hours, by 1.63 times and 1.38 times, respectively, while other covariates were fixed. In contrast, being underweight was associated with a 66% lower discrete-time hazard of menarche. Conclusions: Weight status based on BMI percentiles and sleep duration in the early school years affect the hazard of menarche.

The Measurement and Prediction of Transmission loss through Dash Panel (대시 패널의 투과손실 측정 및 예측)

  • Kim Jung Soo;Kang Yeon June
    • Proceedings of the Acoustical Society of Korea Conference
    • /
    • autumn
    • /
    • pp.191-194
    • /
    • 2004
  • This study Is an measurement and prediction of transmission loss through dash panel with multi-path in a vehicle. Measurement results of transmission loss are decided by sound power measured using the sound intensity method under locating a sound source in the anechoic room and reverberant room, respectively. Prediction one is decided by multi-path analysis of dash panel composed by a various part of materials and complicated shape. Finally, two results show a great agreement between measured and predicted transmission loss.

  • PDF

Toughness Evaluation of Steel Fiber Reinforced Concrete to Spiecimen Types (시편형상에 따른 강섬유보강 콘크리트의 휨인성평가방법)

  • 류종현;김진철;한승환;이상돈;안태송
    • Proceedings of the Korea Concrete Institute Conference
    • /
    • 2001.11a
    • /
    • pp.341-344
    • /
    • 2001
  • Fiber reinforced shotcrete(FRS) is widely used in tunnel linings, which strengthen the rock surface and reduce the loosening of the rock strata. The advantages of FRS in tunnel linings are the unsusceptibility to crack, the benefit of shotcrete strength, and the superiority of toughness. In this study, the several evaluation methods of FRS toughness were investgated experimentally, which included the ASTM beam test, EFNARC square panel test and RTA round panel test. Especially, it was examined that the round panel test could fulfill the toughness evaluation of FRS.

  • PDF

A Study on OLED display device's line defect test methode (OLED display device의 Line Defect 시험법에 관한 연구)

  • Choi, Young-Tae;Choi, Jai-Rip
    • Proceedings of the Safety Management and Science Conference
    • /
    • 2009.04a
    • /
    • pp.523-529
    • /
    • 2009
  • The ACF(Anisotropic Conductive Film) is used for bonding Drive IC and OLED display device panel. If ACF bonding process is problem, a malfunction of line defect can occur. Because electric resistance increase between the panel and drive IC after a period of time, drive IC can not supply enough current to the panel. This paper is studied on a method of test for line defect.

  • PDF

A Study on The Stiffened Barrier Panel Against Rock Fall in Rural Hillside (산간지역 낙석 방지책 보강 방안에 관한 연구)

  • Jeong, Byung Joo
    • Journal of the Korean Institute of Rural Architecture
    • /
    • v.7 no.1
    • /
    • pp.129-136
    • /
    • 2005
  • In this paper, barrier panels against falling stones have been studied experimentally with various specimens. Test results show that stiffened barrier panels show more sufficient capacity than unstiffened barrier. Each type barrier panel can be used for various situations. New barrier panel is good for increasing strength and improving environment and maintaining cost down.

  • PDF

Optimal Design of Panel with Trapezoidal Type Stiffeners (사다리꼴 보강재를 활용한 패널의 최적설계)

  • 원종진;이종선;윤희중
    • Proceedings of the Korean Society of Machine Tool Engineers Conference
    • /
    • 2003.04a
    • /
    • pp.3-8
    • /
    • 2003
  • In this study, using linear and nonlinear deformation theories and by closed-form analysis and finite difference energy methods, respectively, various buckling load factors are obtained for stiffened laminated composite panel with trapezoidal type stiffeners and various longitudinal length to radius ratios, which are made from Carbon/Epoxy USN 125 prepreg and are simply-supported on four edges under uniaxial compression, and then for them, optimal design analyses are carried out by the nonlinear search optimizer, ADS.

  • PDF

A Study on Design of Rubber Panel for Railway Crossing (철길건널목 적용을 위한 고무보판 설계에 관한 연구)

  • 윤성철;한석윤;민재홍
    • Proceedings of the KSR Conference
    • /
    • 2001.10a
    • /
    • pp.459-466
    • /
    • 2001
  • As the Public use part of the railway and the road, the railway crossing is important to work properly by two transportation means. Also, It is important to provide the good face of friction on the railway crossing in aspect of protecting the railway crossing accident. Lately, the material of railway crossing panel is the wood, the asphalt, and the steel. As they have a various fault, it was studied to analyze the structural action of the new material, rubber panel. This paper analyzed eigenvalue, stress and displacement by truck passing weight, thermal stress and train moving weight, using the FEM model.

  • PDF

Characteristics of Local Vibration Modes of the Aluminium Extruded Panels for Rail Road Vehicles (철도 차량용 알미늄 압출재의 국부진동 모드특성)

  • 김석현;장호식;김정헌
    • Journal of the Korean Society for Railway
    • /
    • v.4 no.3
    • /
    • pp.87-93
    • /
    • 2001
  • Characteristics of the local vibration modes of an aluminium extruded panel are investigated by the finite element analysis and modal testing. Practical methods to increase the damping of the local resonances are proposed. Effects by filling urethan foam in the core cavity and by coating tar on the panel surface are compared by experiments. Modified panel structures to shift the local resonance frequency band are proposed. The results of the study are utilized to predict the severe local resonances in the aluminium extruded panels and prevent their undesirable effect on the sound insulation.

  • PDF

An acoustical characteristics of sound proof panel for high speed train (고속전철용 방음패널의 음향특성 평가)

  • 서재갑;정성수;서상준;조문재;나희승;양신추
    • Proceedings of the Korean Society for Noise and Vibration Engineering Conference
    • /
    • 2001.11a
    • /
    • pp.145-149
    • /
    • 2001
  • In this study, an acoustical characteristics of sound proof panel for high speed train was performed. A sound absorption coefficient and transmission loss of sound proof panels for high speed train were tested in reverberation chambers and compared those of ordinary sound proof panel. The effect of noise barrier was simulated by using ray noise program with measured sound absorption coefficient for high speed train case and for ordinary case.

  • PDF