• Title/Summary/Keyword: Relationship of models

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Dynamic Relationship between Stock Prices and Exchange Rates: Evidence from Nepal

  • Kim, Do-Hyun;Subedi, Shyam;Chung, Sang-Kuck
    • International Area Studies Review
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    • v.20 no.3
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    • pp.123-144
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    • 2016
  • This paper investigates the linkages between returns both in foreign exchange and stock markets, and uncertainties in two markets using daily data for the period of 16 July 2004 to 30 June 2014 in Nepalese economy. Four hypotheses are tested about how uncertainty influences the stock index and exchange rates. From the empirical results, a bivariate EGARCH-M model is the best to explain the volatility in the two markets. There is a negative relationship from the exchange rates return to stock price return. Empirical results do provide strong empirical confirmation that negative effect of stock index uncertainty and positive effect of exchange rates uncertainty on average stock index. GARCH-in-mean variables in AR modeling are significant and shows that there is positive effect of exchange rates uncertainty and negative effect of stock index uncertainty on average exchange rates. Stock index shocks have longer lived effects on uncertainty in the stock market than exchange rates shock have on uncertainly in the foreign exchange market. The effect of the last period's shock, volatility is more sensitive to its own lagged values.

Analysis on the current housing types for development of social integrated housing models responding to family diversity (다양한 가족유형에 대응하는 사회통합적 주거모델개발을 위한 주거현황 분석연구)

  • Kim, Kyoungyeon;Lee, Soo-Jin;Lee, Yeun-Sook
    • Proceeding of Spring/Autumn Annual Conference of KHA
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    • 2008.04a
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    • pp.140-144
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    • 2008
  • While we go through a rapid change in society, family types composing social relationship underwent lots of changes. Recently the range of family is included not only families on the basis of blood relationship but also single family, a one-parent family and non-blood relationship family. Now we need not unified types of housing but social integrated housing models responding to family diversity. The purpose of this study is that examine family diversity through social statistics and demography and grasp the current housing types responding to family diversity. The features of family diversity are reducing the number of family member and turning up a unformal family type. At the social statistics and demography in 2005, the number of family member is only 2.9 people per family. Due to decline of birth rate and change of marriage consciousness, various family types appear and increase such as single family, a one-parent family and non-blood relationship family. But there is lack of housing types responding to such family diversity. This study will be a basic research to develop social integrated housing models responding to family diversity. Housing must be sensitive to change of family type, so it responds our needs based on thorough understanding on various housing life.

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Empirical Analysis on the Relationship between R&D Inputs and Performance Using Successive Binary Logistic Regression Models (연속적 이항 로지스틱 회귀모형을 이용한 R&D 투입 및 성과 관계에 대한 실증분석)

  • Park, Sungmin
    • Journal of Korean Institute of Industrial Engineers
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    • v.40 no.3
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    • pp.342-357
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    • 2014
  • The present study analyzes the relationship between research and development (R&D) inputs and performance of a national technology innovation R&D program using successive binary Logistic regression models based on a typical R&D logic model. In particular, this study focuses on to answer the following three main questions; (1) "To what extent, do the R&D inputs have an effect on the performance creation?"; (2) "Is an obvious relationship verified between the immediate predecessor and its successor performance?"; and (3) "Is there a difference in the performance creation between R&D government subsidy recipient types and between R&D collaboration types?" Methodologically, binary Logistic regression models are established successively considering the "Success-Failure" binary data characteristic regarding the performance creation. An empirical analysis is presented analyzing the sample n = 2,178 R&D projects completed. This study's major findings are as follows. First, the R&D inputs have a statistically significant relationship only with the short-term, technical output, "Patent Registration." Second, strong dependencies are identified between the immediate predecessor and its successor performance. Third, the success probability of the performance creation is statistically significantly different between the R&D types aforementioned. Specifically, compared with "Large Company", "Small and Medium-Sized Enterprise (SMS)" shows a greater success probability of "Sales" and "New Employment." Meanwhile, "R&D Collaboration" achieves a larger success probability of "Patent Registration" and "Sales."

Narratives of Science Educators Concerning the Relationship between Theoretical Concepts and Modeling: Focus Group Discussions (과학적 이론과 모델의 관계에 대한 과학교육 연구자들의 이야기 - 포커스 그룹 토의 -)

  • Choi, Jinhyeon;Lee, Jong-Hyeok;Lee, Hyekeoung;Ryu, Kumbok;Kim, Kwan-Young;Jeon, Sang-Hak;Lee, Sun-Kyung
    • Journal of Korean Elementary Science Education
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    • v.42 no.4
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    • pp.538-559
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    • 2023
  • In this study, the interplay between models and theories was explored through a series of focus group discussions (FGDs) involving five experts in science education. The FGDs were held seven times, beginning with the question of what is modeling in relation to models, which is a current area of research in science education. Throughout the discussion, several key issues regarding models and modeling were addressed, with a particular emphasis on their relationship to theory. A notable finding from this study is that the participants' discussions did not converge into a single viewpoint regarding the relationship between theory and models; instead, multiple related issues emerged, leading to attempts to reframe existing concepts and seek new understanding. The study findings relate to three main areas of inquiry: What is the meaning of models or modeling? What is the nature of the relationship between models and theories?, and Is modeling possible without a foundation in theory? Particularly, the relationship between models and theories was discussed in reference to the following points: 1) Is a model to be understood as derived from theory, and is modeling the application of theory to phenomena? 2) Can a model be inferred from theory? 3) Does modeling originate from a specific, structured foundational theory (a framework of empirical knowledge), or is it to be understood through the integration of various resources without explicit reference to a foundational theory? Based on the study outcomes, implications are presented for philosophy of science and for researchers and educators working in the realm of science education.

An improvement on the concrete exothermic models considering self-temperature duration

  • Zhu, Zhenyang;Chen, Weimin;Qiang, Sheng;Zhang, Guoxin;Liu, Youzhi
    • Computers and Concrete
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    • v.19 no.6
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    • pp.659-666
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    • 2017
  • Based on the Arrhenius equations, several hydration exothermic models that precisely calculate the influence of concrete's self-temperature duration on its hydration exothermic rate have been presented. However, the models' convergence is difficult to achieve when applied to engineering projects, especially when the activation energy of the Arrhenius equation is precisely considered. Thus, the models' convergence performance should be improved. To solve this problem and apply the model to engineering projects, the relationship between fast iteration and proper expression forms of the adiabatic temperature rise, the coupling relationship between the pipe-cooling and hydration exothermic models, and the influence of concrete's self-temperature duration on its mechanical properties were studied. Based on these results, the rapid convergence of the hydration exothermic model and its coupling with pipe-cooling models were achieved. The calculation results for a particular engineering project show that the improved concrete hydration exothermic model and the corresponding mechanical model can be suitably applied to engineering projects.

Models for Internet Traffic Sharing in Computer Network

  • Alrusaini, Othman A.;Shafie, Emad A.;Elgabbani, Badreldin O.S.
    • International Journal of Computer Science & Network Security
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    • v.21 no.8
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    • pp.28-34
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    • 2021
  • Internet Service Providers (ISPs) constantly endeavor to resolve network congestion, in order to provide fast and cheap services to the customers. This study suggests two models based on Markov chain, using three and four access attempts to complete the call. It involves a comparative study of four models to check the relationship between Internet Access sharing traffic, and the possibility of network jamming. The first model is a Markov chain, based on call-by-call attempt, whereas the second is based on two attempts. Models III&IV suggested by the authors are based on the assumption of three and four attempts. The assessment reveals that sometimes by increasing the number of attempts for the same operator, the chances for the customers to complete the call, is also increased due to blocking probabilities. Three and four attempts express the actual relationship between traffic sharing and blocking probability based on Markov using MATLAB tools with initial probability values. The study reflects shouting results compared to I&II models using one and two attempts. The success ratio of the first model is 84.5%, and that of the second is 90.6% to complete the call, whereas models using three and four attempts have 94.95% and 95.12% respectively to complete the call.

RELATIONSHIP BETWEEN QUEUE LENGTHS AND WAITING TIMES FOR QUEUEING NETWORK MODELS (대기네트웤에 있어서 대기자수와 대기시간사이의 관계)

  • Hong, Sung-Jo
    • Journal of Korean Institute of Industrial Engineers
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    • v.20 no.3
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    • pp.139-149
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    • 1994
  • For general open queueing network models, the relationship between weak limits of queue lengths and waiting times at stations is investigated under heavy traffic situations. It is shown that under suitable normalization, weak convergence of queue lengths and arrival processes is a sufficient condition for that of waiting times, and is also necessary condition when the network is of feedforward type. Moreover, these weak limits for queue lengths and waiting times are shown to be simply related.

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Low Cycle Fatigue Life Assessment of Alloy 617 Weldments at 900℃ by Coffin-Manson and Strain Energy Density-Based Models

  • Rando, Tungga Dewa;Kim, Seon-Jin
    • Journal of Power System Engineering
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    • v.21 no.1
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    • pp.43-49
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    • 2017
  • This work aims to investigate on the low cycle fatigue life assessment, which is adopted on the strain-life relationship, or better known as the Coffin-Manson relationship, and also the strain energy density-based model. The low cycle fatigue test results of Alloy 617 weldments under $900^{\circ}C$ have been statistically estimated through the Coffin-Manson relationship according to the provided strain profile. In addition, the strain energy density-based model is proposed to represent the energy dissipated per cycle as fatigue damage parameter. Based on the results, Alloy 617 weldments followed the Coffin-Manson relationship and strain energy density-based model well, and they were compatible with the experimental data. The predicted lives based on these two proposed models were examined with the experimental data to select a proper life prediction parameter.

An Analysis on the Strategic Factors of e-Business Models (e-비즈니스 모델의 전략적 요인 분석)

  • Joo, Jae-Hun
    • Asia pacific journal of information systems
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    • v.12 no.2
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    • pp.69-98
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    • 2002
  • With the development of the Internet, electronic commerce, electronic markets, and digital economy, new business paradigm and new ways of business have been emerging and developing. The development of right and robust business models for electronic markets is a key for e-business success. This paper reviews previous studies and successful cases for e-business models. This paper presents strategic factors such as the business value and the source of revenue, products and services, business processes and technologies, and the characteristics of markets and relationship with customers and partners as a framework for developing sustainable and robust business models.

Impacts of Financial Constraints on Firm Value for KONEX Listed Firms

  • Zhang, Xue Dong;Kang, Shinae
    • The Journal of Economics, Marketing and Management
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    • v.9 no.4
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    • pp.1-8
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    • 2021
  • Purpose: This study empirically investigates what factors contribute to corporate value in the Korea New Exchange (KONEX) market and determines whether financial constraints contribute any effect on it. Research design, data and methodology: A fixed-effect panel regression model was utilized to analyze financial constraints on firm value for KONEX listed firms through the fiscal period from 2013 to 2020. Results: we find that firms' research and development, volatility, size, and sales growth give significant impacts to firm value, but the significance and direction are different. In addition, no significant relationship exists between the largest shareholder's equity ratio and firm value in all models. The debt-to-equity ratio did not show a significant relationship with corporate value. A significant negative relationship was found between R&D and corporate value in the entire sample. Volitility exhibited a positive relationship with corporate value in the entire sample and financially unconstrained companies. Firm size presented a significant negative relationship with company value in all models. Sales growth showed a significant negative relationship with corporate value in financially constrained companies. Conclusions: No difference is found between financially constrained and unconstrained companies in the KONEX market. We can infer that KONEX companies have a large difference with KOSPI or KOSDAQ. Further analysis is needed on the differences among these markets.