• Journal of Korean Society of Rural Planning
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• v.26 no.4
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• pp.93-105
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• 2020

This study is an experimental study that examines the policy attributes that local governments should choose to manage the quality of life of rural residents. The analysis data used raw materials for the survey of the welfare status of farmers and fishermen surveyed by the Rural Development Administration. The analysis method used Quantile Regression. The policy attributes of public services were interpreted on the basis of Peterson (1981)'s theory of policy types and the discussion of Holland (2015). According to the analysis results, the higher the quality of life, the greater the importance of the relationship between the safety sector and the neighbors. The effective policy attributes for improving quality of life in rural areas are the policies of local governments where policy benefits can directly go to individuals, or lead to social improvement. It shows that the higher the level of safety and the quality of life of our neighbors, the greater its importance.

• Proceedings of the Korea Water Resources Association Conference
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• 2019.05a
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• pp.22-22
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• 2019

최근 전 세계적으로 급증하는 기후변화의 영향으로 인해 강우량 증가에 따른 이상홍수 발생 및 댐 여유고 부족 등 다양한 위험인자가 노출되고 있다. 이러한 예상치 못한 이상홍수는 실제 거주하고 있는 사람들을 위협할 수 있으며, 하천 범람으로 인해 2차 3차 피해가 일어날 가능성이 존재하고 있다. 이에 다양한 자연재해로부터 인명 및 재산 피해를 방지 및 저감하기 위한 목적으로 다양한 수공구조물이 존재하며, 수자원 관리계획 수립의 목적에 따라 다양한 강수량이 활용되고 있다. 특히, 지구온난화에 따른 기후변화 영향을 고려한 연최대 강수량 및 확률강수량 산정이 필요한 시점이며, 온도변화에 따른 증기압 계산식인 Clausius-Clapeyron 관계에 따르면 대기 온도가 $1^{\circ}C$ 상승할 때 대기수분량이 6~7% 증가하여 평균 온도상승에 따라 극치강수량 발생 잠재력이 향상 될 것으로 전망되고 있다. 본 연구에서는 온도상승에 따른 극치강수량의 변화를 베이지안 다중분위회귀분석모형을 통해 산정하여 CORDEX 온도자료 기반의 미래 극치강수량을 전망하였다. 본 연구결과 100년 이상 빈도의 강수량은 온도상승에 따라 급격히 증가하는 추세를 확인하였으며, 2100년까지 온도상승을 고려한 최대 극치강수량은 1500mm를 넘을 가능성을 확인하였다.

• Atmosphere
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• v.28 no.4
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• pp.383-392
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• 2018

This study investigates synoptic characteristics of cold surges over South Korea during winter season (December-February). A total of 63 cold events are selected by quantile regression analysis using daily mean temperature observations from 11 KMA stations for 38 years (1979/80-2016/17). Large-scale pressure pattern during the cold surges is well characterized by high over Siberia and low over Aleutian regions, which elucidates cold advection over the Korean peninsula. However, the large-scale pattern cannot successfully explain the observed sudden decrease of temperature during the cold surges. Composite analyses reveal that a synoptic-scale cyclone developing over the northern Japan is a key feature that significantly contribute to the enhancement of cold advection by increasing pressure gradient over the Korean peninsula. Enhanced sensible and latent heat fluxes are observed over the southern ocean of Korea and Japan during the cold surges due to temperature and humidity differences between the near surface and the lower atmosphere over the ocean. The evaporated water vapor transported toward the center of the surface cyclone and condenses in the lower-to-middle troposphere. The released energy likely promotes the development of the surface cyclone by inducing positive PV near the surface of the heating region.

• The Journal of Asian Finance, Economics and Business
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• v.8 no.1
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• pp.237-246
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• 2021

This paper explores the relationship between price mechanism and flipping activity of initial public offerings (IPOs) in Pakistan's emerging economy. This study uses a cross-sectional data set of 95 firms listed on Pakistan Stock Exchange from 2000 to 2019. This study employs the ordinary least square and quantile regression techniques to capture the relationship between price mechanism and flipping activity. The results show that book-built IPOs flip substantially less than fixed-price IPOs. This is consistent with the signaling theory assertion that roadshows are arranged by underwriters to capture investors' demand and set the offer prices of IPOs. If investors learn the fair values of quality IPOs, then the offer prices will be close to the intrinsic values, thus reducing flipping. The findings also provide conclusive evidence for understanding the usefulness of and the more relevant information regarding the pricing mechanism. In particular, it provides a better understanding of how companies actually use the pricing mechanism information in the flipping of IPO shares. The results of this study are also valuable to underwriters, and regulators, for instance, provides underwriters with the discretion to allocate the IPO shares and the SECP, in revising regulation on the disclosure of IPO pricing methods.

• Korean Journal of Social Welfare Studies
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• v.48 no.3
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• pp.117-143
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• 2017

This study empirically analyzed the factors that intensify the unequal distribution of relational goods through the decomposition of relational gaps and the actual condition of relational goods. The results of the analysis are as follows. First, the average time for forming a relationship with family members or others is 158 minutes in 24 hours a day. Second, tobit regression analysis showed that relational goods time increased as they were employed, more family members, and ownership of their home. On the other hand, relational goods decreased when they were female, double-working, aged, divorced, and increased working time. The increase in household income decreased family relational goods, but increased the time with others. Based on the results of this analysis, this study proposed reduction of working time as a way to increase the happiness by sharing the relationship with meaningful people.

• Journal of the Korea Academia-Industrial cooperation Society
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• v.19 no.7
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• pp.174-182
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• 2018

Given the ongoing debate in many aspects of finance, more attention may need to focus on corporate R&D expenditures. This study empirically tests financial determinants of R&D expenditures for NYSE-listed and KOSPI-listed firms. Three major hypotheses were postulated to test for corporate R&D outlay. First, proposed variables such as one-year lagged R&D expenditures, market value based leverage, profitability and cash holdings showed significant influence on corporate R&D costs for the sample firms. Moreover, financial factors inclusive of squared one-year lagged R&D expenditures, the interaction effect between one-lagged R&D expenditures and high-growth firm, non-debt tax shield, Tobin's q and a dummy variable to explain differences in accounting treatment between the U.S. and Korea, revealed significant differences between the two samples. Finally, in the conditional quantile regression (CQR) analysis for the R&D-related variables in relation to corporate growth rate, it was found that the NYSE-listed firms had a statistically significant linkage between growth potential and one-year lagged R&D expenditures at lower quantile levels. This study may shed new light on identifying financial factors affecting differences between the U.S. market (as an advanced market) and the Korean market (as an emerging market) regarding the optimal level of R&D investments for shareholders.

• Journal of Korea Water Resources Association
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• v.54 no.5
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• pp.311-320
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• 2021

The agricultural water, which occupy about 61% of total water usage in the South Korea, is significantly objective to archieve effecitive water resources management. The objective of the study is to suggest a simple method in actual practice that could be used to estimate agricultural water usage in river considering hydrological condition. Historical record of agricultural water usage and runoff, which take account for hydrological condition of the basin, were obtained for totally 27 river basins. As the result, the high threshold value of the agricultural water usage rates compared to maximum usage amount has a particular correlations to the percent of normal year runoff for last 2 month, and threshold line of agricultural water usage rates was derived using the quantile regressions. Finally, two dimensionless threshold line and empirical formulas that described the correlation between the percent of normal year runoff for last 2 month and the agricultural water usage rate compared to maximum usage amount were derived. Also, the simple criteria to select which line and formula based on the characteristics of the basins was suggested but it need further studies. The result of the study could be used as an elemantary data in actual practice for water resoureces management.

• KSCE Journal of Civil and Environmental Engineering Research
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• v.29 no.2B
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• pp.193-205
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• 2009

Typhoons occurred in the tropical Pacific region, these might be affected the Korea moving toward north. The strong winds and the heavy rains by the typhoons caused a natural disaster in Korea. In the research, the heavy rainfall events based on typhoons were evaluated quantitative through various statistical techniques. First, probability precipitation and typhoon probability precipitation were compared using frequency analysis. Second, EST probability precipitation was calculated by Empirical Simulation Techniques (EST). Third, NL probability precipitation was estimated by coupled Nonparametric monte carlo simulation and Locally weighted polynomial regression. At the analysis results, the typhoons can be effected Gangneung and Mokpo stations more than other stations. Conversely, the typhoons can be effected Seoul and Inchen stations less than other stations. Also, EST and NL probability precipitation were estimated by the long-term simulation using observed data. Consequently, major hydrologic structures and regions where received the big typhoons impact should be review necessary. Also, EST and NL techniques can be used for climate change by the global warming. Because, these techniques used the relationship between the heavy rainfall events and the typhoons characteristics.

• Asian Pacific Journal of Cancer Prevention
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• v.16 no.11
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• pp.4719-4722
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• 2015

Background: This study aimed to determine the utility and a cut-off level of serum squamous cell carcinoma antigen (SCC-Ag) to predict lymph node metastasis in locally advanced cervical cancer cases. We also investigated the correlation between SCC-Ag level and lymph node status. Materials and Methods: From June 2009 to June 2014, 232 patients with cervical cancer stage IB2-IVA, who were treated at Ramathibodi Hospital, were recruited. Receiver operating characteristic (ROC) curves were used to identify the best cut-off point of SCC-Ag level to predict lymph node metastasis. Quantile regression was performed to evaluate the correlation between SCC-Ag levels and pelvic lymph node metastasis, paraaortic lymph node metastasis, and parametrial involvement as well as tumor size. Results: Pelvic lymph node metastasis and paraaortic lymph node metastasis were diagnosed in 46.6% and 20.1% of the patients, respectively. The median SCC-Ag level was 6 ng/mL (range, 0.5 to 464.6 ng/mL). The areas under ROC curves between SCC-Ag level and pelvic lymph node metastasis, paraaotic lymph node metastasis, parametrial involvements were low. SCC-Ag level was significantly correlated with paraaortic lymph node status (p=0.045) but not with pelvic lymph node status and parametrial involvement. SCC-Ag level was also related to the tumor diameter (p<0.05). Conclusions: SCC-Ag level is not a good predictor for pelvic and paraaortic lymph node metastasis. However, it is still beneficial to assess the tumor burden of squamous cell carcinoma of the cervix.

• Journal of the Korean Data and Information Science Society
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• v.22 no.3
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• pp.423-436
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• 2011

Many of the theoretical studies have considered herd behavior as a source of the volatility in financial markets, but there have been few empirical studies on the dynamic herding due to the technical difficulty of detecting herd behavior with time-series data. In this context, this paper proposes a new method for measuring time-varying herd behavior based on QR-GARCH model. Using daily data of KOSPI stocks, this paper provides some empirical evidence for strong and volatile herding among traders of stocks of medium firms, and shows that time-varying herd behavior in traders of some stocks has persistent autocorrelation.