• The Journal of the Korea Contents Association
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• v.11 no.12
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• pp.403-412
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• 2011

The execution of capital market law causes severe competition by promoting restructuring of financial industry. This study analyze efficiency and productivity change of the Korean Non-Life Insurance industry between pre-execution and pre-execution of capital market law using DEA model and Malmquist Index. Additionally, this study finds determinants of efficiency using tobit regression. The main results of this study can by summarized as follows. First, the efficiency with post-execution was increased comparing with pre-execution of capital market law significantly. Second, the productivity with post-execution was increased comparing with pre-execution of capital market law significantly. Third, significant determinants of technical efficiency and pure technical efficiency are weight of life planner. operation rate of assets respectively. And significant determinant of scale efficiency are firm size, operation rate of assets, weight of life planner.

• Journal of the Korean Society for Aeronautical & Space Sciences
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• v.39 no.9
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• pp.839-847
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• 2011

This paper proposes a new guidance law for increasing the lethality of munitions. The well known PNG (Proportional Navigation Guidance) is inadequate for the munitions because of some weaknesses. Even if the munition does not have the impact point error, the acceleration command is non zero because the line-of-sight changes at all times in flight. Therefore, we use a difference between a target and an impact point. This proposed guidance law is similar to PNG in the form, but this guidance law concentrates a correction rate of flight path angle instead of the LOS (Line of Sight) rate. The correction of flight path angle is defined as the amount of impact point error. This impact point error can be calculated by neural networks rapidly. Finally, we show that the simulation results prove the suitability of this law.

• THE INTERNATIONAL COMMERCE & LAW REVIEW
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• v.30
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• pp.145-174
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• 2006

An anti-dumping has become the trade policy of choice for developing countries as well as advanced countries, hence it is the impending issue to the export-oriented countries including Korea. After colligating the analysis on the trade and industrial policy between Korea and China as well as the analysis on the preceding research, the main reasons of anti-dumping were selected as followings; an unemployment rate, real GDP growth rate and consumer price increase as internal factors, and trade balance, regional coefficient and trade specification index as external factors. Then, the research on how the above seven variable factors can affect the number of anti-dumping measures was accomplished. For the empirical analysis, the above information was used after reorganizing them by on the quarterly basis. Through the use of the correlation analysis, backward elimination of multiple regression analysis model and time-series analysis, it has appeared that the unemployment rate appeared to be the most important factors of anti-dumping measures in addition to the increase rate of trade balance. The variable such as the unemployment rate is uncontrollable for us, so it is appropriate to establish and operate an preemptive monitoring system based on the increasing rate of the amount of export and increasing rate of trade surplus.

• THE INTERNATIONAL COMMERCE & LAW REVIEW
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• v.75
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• pp.95-116
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• 2017

The global financial crisis has slowed overall growth in the global economy. In addition, uncertainty is increasing in the world economy due to the Trade protectionism, sluggish world trade, and a rise in the rate of interest caused by expansion of fiscal spending by major countries. In this study, we analyzed various factors affecting the container import and export volume, which has a high correlation with export and import of commodities in international trade. In particular, we will examine how exchange rate fluctuations and domestic and overseas economic conditions affect container imports and exports. For the empirical analysis, monthly time series data were used from January 2000 to January 2017. We use the Error Correction Model (VECM) for the empirical analysis and the GARCH model for the exchange rate fluctuation. As a result, container export and import volume had a negative relationship with exchange rate and exchange rate volatility, which had a positive effect on domestic and international economic conditions. However, the effects are different before and after the financial crisis.

• THE INTERNATIONAL COMMERCE & LAW REVIEW
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• v.61
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• pp.165-190
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• 2014

The purpose of this study is to measure the trade insurance's macroeconomic effects by analyzing the causality between major economic variables(GDP per capita, market interest rate, inflation, unemployment rate, exchange rate) and trade insurance variable. I conducted empirical analyses using First-difference GMM(Generalized Method of Moments), System GMM and Panel-VAR Model, with panel data from 11 countries(Korea, United States, Japan, BRICs, Indonesia, Singapore, Hong Kong, Vietnam) between 1992 and 2011. There are several important findings. Above all, Trade insurance is positively and significantly related to GDP. This results show that trade insurance serves to increase economic growth. In other words, trade insurance leads to economic growth by helping increase GDP per capita. Especially, trade insurance negatively related to unemployment rate, it is for sure that trade insurance contribute to decrease unemployment rate. And trade insurance helps control of inflation. It is also confirmed that trade insurance contributes to price stability, which in turn serves to stabilize the overall economy. And this research finds as uncertainty in the market increases, seen it as increase of exchange rate, increasing trade insurance supply is stabilize the exchange rate.

• Industry Promotion Research
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• v.3 no.2
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• pp.1-8
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• 2018

In this study, the reaction mechanism of ethane and the reaction rate equation suitable for hydrocarbon reforming were studied. Through the reaction mechanism analysis, it was confirmed that three reactions (CO2 + H2, C2H6 + H2, C2H6 + H2O) proceed during the reforming reaction of ethane, each reaction rate (CO2+H2($r=3.42{\times}10-5molgcat.-1\;s-1$), C2H6+H2($r=3.18{\times}10-5mol\;gcat.-1s-1$), C2H6+H2O($r=1.84{\times}10-5mol\;gcat.-1s-1$)) was determined. It was confirmed that the C2H6 + H2O reaction was a rate determining step (RDS). And the reaction equation of this reaction can be expressed as r = kS * (KAKBPC2H6PH2O) / (1 + KAPC2H6 + KBPH2O) (KA = 2.052, KB = 6.384, $kS=0.189{\times}10-2$) through the Langmuir-Hinshelwood model. The obtained equation was compared with the derived power rate law without regard to the reaction mechanism and the power rate law was relatively similar fitting in the narrow concentration change region (about 2.5-4% of ethane, about 60-75% of water) It was confirmed that the LH model reaction equation based on the reaction mechanism shows a similar value to the experimental value in the wide concentration change region.

• Transactions of Materials Processing
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• v.4 no.2
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• pp.159-168
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• 1995

The torsion tests in the range of $550~800^{\circ}C$, $5.0{\times}10^{-3}~5.0{\times}10^0/sec$ were performed to study the effects of strain rate$(\.{\varepsilon})$ and temperature(T) on the hot strength of Cu-Zn alloy. High temperature flow stresses of this alloy increased with increasing $\.{\varepsilon}$ and/or decreasing T, and than the more grain refinement could be obtained. The flow curves exhibited a peak followed by a steady steady state regime as a result of dynamic recrystallization. The hot strength dependence of $\.{\varepsilon}$ and T was described by a hyperbolic sine law, $\.{\varepsilon}=A(sinh0.017{\sigma})^4.81$exp(-216KJ/mol). Hot strength could be reduced at the arbitary condition, $\.{\varepsilon}$ and T, by constitutive parameter Z(Zenner-Hollomon parameter), $Z=A(sinh{\alpha}{\sigma})^n=\.{\varepsilon}$exp(Q/RT).

• Proceedings of the Korean Society of Soil and Groundwater Environment Conference
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• 2004.04a
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• pp.218-222
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• 2004

Batch slurry experiments were conducted to develop cement/slag/Fe(II) system that could treat hazardous liquid wastes containing halogenated organic solvents. Portland cement in combination with Fe(II) was reported to reductively dechlorinate chlorinated organics in a modified solidification/stabilization process. TCE (trichloroethylene) was used a model halogenated organic solvent. The objectives of this study were to assess the feasibility of using cement and steel converter slag amended with Fe(II) as a low cost abiotic reductive dechlorination and to investigate the kinetics of TCE dechlorination over a wide range of TCE concentration. From the result of screening experiments, cement/slag/Fe(II) system was identified as a potentially effective system to treat halogenated organic solvent. Kinetic studies were carried out to further investigate degradation reaction of TCE NAPL (Non Aqueous Phase Liquids) in cement/slag/Fe(II) systems by using batch slurry reactors. Degradation rate of TCE solution in this system can be explained by pseudo-first-order rate law because the prediction with the rate law is in good agreement with the observed data.

• Journal of the Korean Statistical Society
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• v.24 no.1
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• pp.91-109
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• 1995

The rate of convergence to a random variable S for an almost certainly convergent series $S_n = \sum^n_{j=1} X_j$ of independent random variables is studied in this paper. More specifically, when $S_n$ converges to S almost certainly, the tail series $T_n = \sum^{\infty}_{j=n} X_j$ is a well-defined sequence of random variable with $T_n \to 0$ a.c. Various sets of conditions are provided so that for a given numerical sequence $0 < b_n = o(1)$, the tail series strong law of large numbers $b^{-1}_n T_n \to 0$ a.c. holds. Moreover, these results are specialized to the case of the weighted i.i.d. random varialbes. Finally, example are provided and an open problem is posed.

• Journal of Industrial Technology
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• v.13
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• pp.49-57
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• 1993

Bending fatigue tests were carried out on the specimenes with two different strength levels in order to investigate small crack growth rate. The main results obtained are as follows : (1) Small crack growth law, $da/dn=C{\sigma}_a{^n}a$ is useful several materials, but is not the rule applicable to all cases generally. (2) When da/dn in several specimens are equal, COD near the crack tip are also nearly equal. (3) Crack tip opening displacement(CTOD) is the main factor to control the small crack growth rate, and da/dn ${\propto}$ CTOD comes into being between the two. Accordingly, $da/dn=C({\sigma}_a{^2}/{\sigma}_s){^n}a^n$ shows the small crack growth rate being reflected crack closure phenomenon.