• Title/Summary/Keyword: Quantitative parameter

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The Impact of US Monetary Policy upon Korea's Financial Markets and Capital Flows: Based on TVP-VAR Analysis (미국 통화정책이 국내 금융시장 및 자금유출입에 미치는 영향: TVP-VAR 모형 분석)

  • Suh, Hyunduk;Kang, Tae Soo
    • Economic Analysis
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    • v.25 no.2
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    • pp.132-176
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    • 2019
  • We use a time-varying parameter vector auto regression (TVP-VAR) model to understand the impact of U.S. monetary policy normalization on Korean financial markets and capital accounts. The U.S. monetary policy is represented by the federal funds rate, term premium and credit spread. During the U.S. monetary contraction period of 2004 to 2006, changes in the federal funds rate presented negative pressure on Korean financial markets. The changes in federal funds rate also led to a simultaneous contraction in inward and outward capital flows. However, the effects of a federal funds rate shock has been reduced since 2015. On the other hand, the effects of U.S. term premiums is getting stronger after the period of quantitative easing (QE). The influence of the U.S. credit spread also significantly increased after the global financial crisis. Simulation results show that a rise in the U.S. credit spread, which can be triggered by a contractionary monetary policy, can pose a larger adverse impact on the Korean economy than a rise in the federal funds rate itself. As for capital flows, a U.S. monetary policy contraction causes an outflow of foreign investment, but the repatriation of overseas investment by Korean residents can offset this outflow.

Mass Production of Aphicidal Beauveria bassiana SFB-205 Supernatant with the Parameter of Chitinase

  • Kim, Jae-Su;Je, Yeon-Ho;Yu, Yong-Man
    • Journal of Microbiology and Biotechnology
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    • v.21 no.6
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    • pp.604-612
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    • 2011
  • Beauveria bassiana SFB-205 supernatant can effectively control cotton aphid populations, which is closely associated with its chitinase activity. The present work extends to optimizing a culture medium to produce more efficacious supernatant in flask conditions, followed by scale-up in 7 L, 300 L and 1.2 KL fermentors with the parameter of chitinase. In flask conditions, a combination of soluble starch and yeast extract produced the greatest amount of chitinase (5.1 units/ml) and its supernatant had the highest aphicidal activity. An optimal quantitative combination of the two substrates, estimated by a response surface method, enabled the supernatant to have 15.7 units/ml of chitinase activity and 3.7 ml/l of median lethal concentration ($LC_{50}$) of toxicity against cotton aphid adults in laboratory conditions. In the scale-up conditions, overall supernatant had 25-28 units/ml of chitinase activity. Decrease in pH and limitation of dissolved oxygen (DO) during cultures were significantly related to the yield of chitinase. These results suggest that the substrate-dependent chitinase production can be background information for optimizing a culture medium, and pH and DO are critical factors in maximizing the production in scale-up conditions.

X-ray Diffraction Studies of Poly(aryl ether ether ketone) Fibers with Different Degrees of Crystallinity and Orientation

  • Karacan Ismail
    • Fibers and Polymers
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    • v.6 no.3
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    • pp.206-218
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    • 2005
  • Structural studies of series of 'as spun' and drawn PEEK fibers have been carried out using X-ray diffraction and optical microscopy techniques. The analysis of results suggest that fibers produced at a constant draw ratio with increasing draw temperatures show enhanced orientation and crystalline behaviour. The resolved equatorial and meridional traces provide additional structural parameters in terms of crystallinity, crystallite size, and crystallite thickness. It is concluded that drawing at a temperature below $T_g(i.e.,\;144^{\circ}C)$ results in poorly oriented non-crystalline materials, whereas drawing above $T_g$ results in highly oriented semi crystalline materials. Additional drawing proved to increase the overall orientation with slight improvements in lateral order of the chain molecules. Quantitative analysis revealed that the crystallite size increases with increasing drawing temperature. The results also revealed the increased crystallite size upon additional drawing. Crystalline orientation parameter, $_c$, suggests almost perfect orientation. In all cases, the amorphous orientation is found to be lower than the overall orientation parameter obtained from the optical birefringence. As a result of additional drawing, crystalline orientation was found to increase slightly but the increase in the orientation of non-crystalline material was found to be substantial. An average crystalline density was determined from the orthorhombic unit cell dimensions. It was found to vary as a result of processing conditions. It was also found that the value of the maximum birefringence shows heavy dependence on the chain conformation.

A Study on the Failure Mechanism of Turbine Blade using X-Ray Diffraction and FEM (X선 회절과 유한요소법을 이용한 터빈 블레이드의 파괴기구에 관한 연구)

  • Kim, Seong-Ung;Hong, Sun-Hyeok;Jeon, Hyeong-Yong;Jo, Seok-Su;Ju, Won-Sik
    • Transactions of the Korean Society of Mechanical Engineers A
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    • v.26 no.8
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    • pp.1645-1652
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    • 2002
  • The failure analysis on fractured parts is divided into the qualitative method by naked eyes and metallurgical microscope etc. and the quantitative method by SEM and X-ray diffraction etc. X-ray fractography can be applied to contaminated surface as well as clean surface and gain the plastic deformation and the residual stress near the fractured surface. Turbine blade is subject to cyclic bending force by steam pressure and suffers fatigue damage according to the increasing operating time. Therefore, to clean up the fracture mechanism of torsion-mounted blade in nuclear plant, the fatigue and the X-ray diffraction test was performed on the 12%Cr steel fur turbine blade and the fractured parts. The correlation of X-ray parameter and fracture mechanics parameter was determined, and then the load applied to actual broken turbine blade was predicted. Failure analysis was performed by contact stress analysis and Goodman diagram of torsion-mounted blade.

Window Configurations Comparison Based on Statistical Edge Detection in Images (영상에서 윈도우 배치에 따른 통계적 에지검출 비교)

  • Lim, Dong-Hoon
    • Communications for Statistical Applications and Methods
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    • v.16 no.4
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    • pp.615-625
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    • 2009
  • In this paper we describe Wilcoxon test and T-test that are well-known in two-sample location problem for detecting edges under different window configurations. The choice of window configurations is an important factor in determining the performance and the expense of edge detectors. Our edge detectors are based on testing the mean values of local neighborhoods obtained under the edge model using an edge-height parameter. We compare three window configurations based on statistical tests in terms of qualitative measures with the edge maps and objective, quantitative measures as well as CPU time for detecting edge.

Quantifying galactic morphological transformations in the cluster environment

  • Cervantes-Sodi, Bernardo;Park, Chang-Bom;Hernandez, X.
    • The Bulletin of The Korean Astronomical Society
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    • v.35 no.2
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    • pp.39.1-39.1
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    • 2010
  • We study the effects of the cluster environment on galactic morphology by defining a dimensionless angular momentum parameter ld, to obtain a quantitative and objective measure of galaxy type. The use of this physical parameter allows us to take the study of morphological transformations in clusters beyond the measurements of merely qualitative parameters, e.g. S/E ratios, to a more physical footing. To this end, we employ an extensive SDSS sample, with galaxies associated with Abell galaxy clusters. The sample contains 93 relaxed Abell clusters and over 34,000 individual galaxies. We find that the median ld value tends to decrease as we approach the cluster center, with different dependences according to the mass of the galaxies and the hosting cluster; low and intermediate mass galaxies showing a strong dependence, while massive galaxies seems to show, at all radii, low ld values. By analysing trends in ld as functions of the nearest galactic neighbour environment, clustercentric radius and velocity dispersion of clusters, we can identify clearly the leading physical processes at work. We find that in massive clusters (s > 700 km/s), the interaction with the cluster central region dominates, whilst in smaller clusters galaxy-galaxy interactions are chiefly responsible for driving galactic morphological transformations.

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High Temperature Creep Rupture Characteristics of Ni-Based Alloy718 (니켈기 초내열합금 Alloy718의 고온 크리프 파단 특성)

  • Kwon, Sang-Woo;Kong, Yu-Sik;Kim, Seon-Jin
    • Journal of Ocean Engineering and Technology
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    • v.22 no.6
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    • pp.52-57
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    • 2008
  • The short-term high temperature creep rupture behavior of Ni-based Alloy718 steel was investigated at the elevated temperatures range of 550 to $700^{\circ}C$ under constant stress conditions. The creep rupture characteristics such as creep stress, rupture time, steady state creep rate, and initial strain were evaluated. Creep stress has a quantitative correlation between creep rupture tim and steady state creep rate. The stress exponents (n, m) of the experimental data at 550, 600, 650 and $700^{\circ}C$ were derived as 33.5, -24.9, 26.1, -21.2, 16.8, -12.8 and 10, -8.2, respectively. The stress exponent decreased with increasing creep temperature. The creep lift prediction was derived by the Larson-Miller parameter (LMP) method and the resultant equation was obtained as follows: T($logt_r$+20)=-0.00252 ${\sigma}^2$-1.377${\sigma}$+-22718.

High Temperature Creep Rupture Characteristics of Ni-Based Alloy718 Jointed by Friction Welding (마찰용접된 니켈기 초내열합금 Alloy718의 고온 크리프 파단 특성)

  • Kwon, Sang-Woo;Kong, Yu-Sik;Kim, Seon-Jin
    • Journal of Ocean Engineering and Technology
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    • v.22 no.6
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    • pp.58-63
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    • 2008
  • The short-term high temperature creep rupture behavior of Ni-based Alloy718 steels jointed by friction welding wasinvestigated at the elevated temperatures of 550 to $700^{\circ}C$ under constant stress conditions. The creep rupture characteristics such as creep stress, rupture time, steady state creep rate, and initial strain were evaluated. Creep stress has a quantitative correlation between creep rupture time and steady state creep rate. The stress exponents (n, m) of the experimental data at 550, 600, 650 and $700^{\circ}C$ were derived as 26.1, -22.4, 22.5, -18.5, 17.4, -14.3 and 6.9, -8.1, respectively. The stress exponents decreased with increasing creep temperature. The creep life prediction was derived by the Larson-Miller parameter (LMP) method and the result equation obtained is as follows: T(logtr+20)=-0.00148${\sigma}^2$-3.089${\sigma}$+23232. Finally, the results were compared with those of the base metal for Alloy718.

Comparison of Cushion Performance on Parameter Changes in High Speed Pneumatic Cylinder Driving System (공기압 실린더 고속 구동시스템에서 파라미터 변화에 따른 쿠션성능 비교)

  • Kim, Do Tae;Jang, Zhong Jie
    • Journal of Drive and Control
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    • v.12 no.4
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    • pp.54-59
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    • 2015
  • Due to the tendency to use high speed pneumatic cylinders to improve productivity, cushioning devices are adopted to decelerate the piston motion of pneumatic cylinders to reduce noise, vibration, and impact. This paper presents a comparison of the cushion characteristics of a high speed pneumatic cylinder with a relief valve type cushioning device. The system parameters selected are the damping coefficient, Coulomb friction, heat transfer coefficient, and cracking pressure of the relief valve in the air cushioning device. The integral of the time multiplied square error (ITSE) is used to quantitative measure the cushioning performance to assess the effect of varying these. The cushioning performance achieved good results when the ITSE is a minimum value. In a comparison of the piston displacement and velocity with the variations in system parameters, the heat transfer coefficients are not as significantly affected as the other. Also, the cracking pressure of the relief valve is mainly affected by the pressure and temperature in the cushion chamber.

Uncertainty of Water Supply in Agricultural Reservoirs Considering the Climate Change (미래 기후변화에 따른 농업용 저수지 용수공급의 불확실성)

  • Nam, Won-Ho;Hong, Eun-Mi;Choi, Jin-Yong
    • Journal of The Korean Society of Agricultural Engineers
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    • v.56 no.2
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    • pp.11-23
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    • 2014
  • The impact and adaption on agricultural water resources considering climate change is significant for reservoirs. The change in rainfall patterns and hydrologic factors due to climate change increases the uncertainty of agricultural water supply and demand. The quantitative evaluation method of uncertainty based on agricultural water resource management under future climate conditions is a major concern. Therefore, it is necessary to improve the vulnerability management technique for agricultural water supply based on a probabilistic and stochastic risk evaluation theory. The objective of this study was to analyse the uncertainty of water resources under future climate change using probability distribution function of water supply in agricultural reservoir and demand in irrigation district. The uncertainty of future water resources in agricultural reservoirs was estimated using the time-specific analysis of histograms and probability distributions parameter, for example the location and the scale parameter. According to the uncertainty analysis, the future agricultural water supply and demand in reservoir tends to increase the uncertainty by the low consistency of the results. Thus, it is recommended to prepare a resonable decision making on water supply strategies in terms of using climate change scenarios that reflect different future development conditions.