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The U.S. Contagion Effects on Foreign Direct Investment Flows in Developing Countries

  • HEMA, Itsarawadee;OSATHANUNKUL, Rossarin
    • The Journal of Asian Finance, Economics and Business
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    • v.8 no.4
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    • pp.55-67
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    • 2021
  • This study aims to measure the lower tail dependence as risk contagion from the U.S. economy to 18 developing countries affecting FDI inflows using time-series data from 2005 to 2019. Firstly, we utilize four dynamic copula models, namely, Student-t, Clayton, rotated survival Gumbel, and rotated survival Joe, to measure the tail dependence structure between the U.S. and each developing country's real GDP growth. Secondly, we use the regression model to explore the contagion effects on FDI inflows. The results show that there is evidence of the tail dependence between the U.S and developing economies, indicating the presence of the contagion effects. Primarily, we observe that the degree of contagion effects of the global financial crisis varies across countries; a strong impact is observed in Chinese, South African, Russian, Colombian, and Mexican economic growth. Furthermore, we found significant contagion risk affecting FDI inflows positively in China, Indonesia, Columbia, Morocco, and negatively in the Philippines, Bulgaria, and South Africa. This study demonstrates the usefulness of the copulas model in terms of examining contagion. Our findings shed light on the influence of sound policies and regulations to cope with both positive and negative consequences of the contagion on the capital movement.

Mechanical and Electrical Properties of Cu-15wt.%Ag Microcomposites Processed by Equal Channel Angular Pressing (등통로각압축공정을 이용하여 제작된 Cu-15wt.%Ag 미세복합재료의 미세구조 및 기계적, 전기적 특성)

  • Cho, Kyu Jin;Hong, Sun Ig
    • Korean Journal of Metals and Materials
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    • v.49 no.2
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    • pp.128-136
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    • 2011
  • Equal channel angular pressing (ECAP) with intermediate heat treatment was employed to optimize the strength of Cu-15 wt.%Ag. Changes in microstructure, electrical properties and mechanical properties were studied as a function of pressing methods and heat treatment. ECAPed Cu-15wt.%Ag exhibited ultrafine-grained microstructures with the shape and distribution of Ag-rich lamellae dependent on the processing routes. For route A in which the sample was pressed without rotation between each pass, the initial dendrites of Ag-rich phase were elongated along the shear direction and developed into elongated filaments. For route C in which the sample was rotated by 180 degree after each pass, the morphology of initial dendrites of Ag-rich phase was not much modified and the networked structure remained even after 8 passes of ECAP. For route Bc in which the sample was rotated by 90 degree after each pass, the initial dendrites became finer by fragmentation with no pronounced change of the shape and distribution of Ag-rich lamellae. The strength of Cu-15wt.%Ag ECAPed using route Bc was found to be greater than those ECAPed using route A, suggesting that the substructural strengthening is more effective in strengthening than the interface strengthening.

Stress distributions at the Periodontal ligament and displacements of the maxillary first molar under various molar angulation and rotation . Three dimensional finite element study (구치의 경사도와 회전정도가 발치공간 폐쇄시 치근막의 응력분포와 치아의 초기이동에 미치는 영향에 대한 3차원 유한요소법적 연구)

  • Kwon, Dae-Woo;Son, Woo-Sung;Yang, Hoon-Chul
    • The korean journal of orthodontics
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    • v.34 no.5 s.106
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    • pp.417-428
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    • 2004
  • The purpose of this study was to evaluate the stress distributions at the periodontal ligament (PDL) and displacements of the maxillary first molar when mesially directed force was applied under various molar angulations and rotations. A three dimensional finite element model of the maxiilary first molar and its periodontal ligament was made Upright position, mesially angulated position by $20^{\circ}$ and distally angulated position of the same degree were simulated to investigate the effect of molar angulation. An anteriorly directed force of 200g countertipping moment of 1,800gm-mm (9:1 moment/force ratio) and counterrotation moment of 1,000gm-mm (5:1 moment/force ratio) were applied in each situation. To evaluate the effect of molar rotation on the stress distribution, mesial-in rotation by $20^{\circ}$ and the same amount of distal-in rotation were simulated. The same force and moments were applied in each situation. The results were as follows: In all situations, there was no significant difference in mesially directed tooth displacement Also, any differences in stress distributions could not be found, in other words. there were no different mesial movements. Stress distributions and tooth displacement of the $20^{\circ}$ mesially angulated situation were very similar with those of the $20^{\circ}$ distal-in rotated situation. The same phenomenon was obserned between the $20^{\circ}$ distally angulated situation and $20^{\circ}$ mesial-in rotated situation. When the tooth was mesially angulated, or distal-in rotated, mesially directed force made the tooth rotate in the coronal plane. with its roots moving buccally, and its crown moving lingually. When the tooth was distally angulated, or mesial-in rotated, mesially directed force made the tooth rotate in the coronal plane, with its roots moving lingually and its crown moving buccally. When force is applied to au angulated or rotated molar, the orthodontist should understand that additional torque control is needed to prevent unwanted tooth rotation in the coronal plane.

Spatial changes of the maxillary molar following unilateral derotation with the precision TPA (Precision TPA로 회전된 편측 구치 치료시 공간변화에 대한 연구)

  • Kim, You-Sun;Yeh, Seong-Pil;Kang, Dae-Woon;Chun, Youn-Sic;Row, Joon
    • The korean journal of orthodontics
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    • v.34 no.3 s.104
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    • pp.219-227
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    • 2004
  • The purpose of this study was to evaluate the spatial changes of mesial-in rotated maxillary molar and opposite anchor tooth during derotation by the precision transpalatal arch (TPA) with the use of a new typodont simulation system, the Calorific machine system, which was designed to observe the whole process of tooth movement. The maxillary right first molar was used for the anchor tooth and the maxillary left first molar was used for the mesial-in rotated tooth, and the angle of rotation was increased to 20,40, and 60. A passive precision TPA was fabricated and then activated by bending the left arm to 20, 40, and 60. Each experiment was repeated five times under the same conditions and analyzed by ANOVA and Tucky's Studentized Range (HSD) test. In the occlusal plane, when the bending angle of precision TPA was increased, the mesiobuccal cusp of the rotated molar moved more buccally (p<0.001) and less distally (p<0.001) while the distolingual cusp moved in the mesiopalatal direction. In the sagittal plane, the palatal roots of the derotated molar moved mesially (p<0.001). In the traverse plane, the derotated molar showed slight extrusion (p<0.001). The upper right first molar, which was used as an anchor tooth, showed clinically insignificant movement across all three planes.

Tracking the History of the Three-story Stone Pagoda from the Goseonsa Temple Site in Gyeongju throughan Analysis of Component (부재 해석을 통한 경주 고선사지 삼층석탑의 연혁 추적)

  • Jeon, Hyo Soo
    • Conservation Science in Museum
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    • v.21
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    • pp.41-52
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    • 2019
  • The findings of a 2017 safety inspection of the Three-story Pagoda from the Goseonsa Temple site in Gyeongju suggested the possibility that the stone for the second story of the pagoda may have been rotated after the pagoda was disassembled for removal from its original site in 1975. The materials from the pagoda were investigated using photographs and other relevant data from both the Japanese colonial period and from around 1975. The analysis found that the materials of the pagoda were not changed after analleged reconstruction in 1943, but that during the process of relocating the pagoda in 1975 the body of the second story was indeed rotated counter clockwise by 90 degrees and one of the four stone elements making up the first-story roof was exchanged with a part from the second-story roof. In order to discover whether the materials had been incorrectly placed, each part of the pagoda was precisely measured and the elements of the roofs were virtually reconstructed using 3D scanning data. The investigation did not find any singularities with in the components of each roof; the four part sof the first-story roof were 75 to 76 centimeters thick and those for the second-story roof were 78 to 79 centimeters thick. The connections between each part of the roofs also appeared natural. This seems to indicate that there was indeed an undocumented repair of the pagoda at some point between its creation and 1943 and an error that took place during this repair was corrected in 1975. In addition, the study suggested a possibility that the body of the second story was rotated counter clockwised to a change in the locations of parts of the two roofs.

MTF Evaluation according to change in posture and channel during CT examination for wrist Joint : X-axis and Z-axis changes around Isocenter (손목관절 CT 검사 시 자세 변화와 채널 변경에 따른 MTF 평가 : Isocenter를 중심으로 X-축, Z-축 변화)

  • Seo, Min Jae;Lim, Jong Chon;Jung, Dabin;Han, Dong Kyoon
    • Journal of the Korean Society of Radiology
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    • v.14 no.6
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    • pp.811-817
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    • 2020
  • This study aims to evaluate the Modulation Transfer Function (MTF) according to the change in the number of channels of the CT examination device by changing the posture of the patient to the X-axis and Y-axis in the wrist joint CT examination. Using a CT device and a wrist phantom, the test was performed by moving 0 (matched), 5, 10, and 15 cm in the X-axis around the isocenter, and the Z-axis was rotated by -20° and -40°. For the test, 16, -40 and 64 channels were used to check whether there was a difference for each number of channels. The examined images were compared by measuring the MTF values of the ulna and left and right sides of the radius. In the experiment where the isocenter was moved along the X-axis, the MTF value decreased with an increase in the moving distance, and the MTF value was found to be unaffected by the number of channels. In the experiment in which the wrist joint was rotated by -20° and -40° on the Z-axis, the degree of deviation and MTF were found to be irrelevant. It was not related to the number of channels either. In conclusion, the movement of the wrist along the X-axis should be restrained as much as possible for a wrist joint CT scan, whereas deviation around the Z-axis depending on the environment for the patient would not affect the MTF of the image.

Effects of Acupuncture at HT8·LR2 on Serum Lipid and Liver Function Induced by High Fat Diet in Rats (염전(捻轉)및 영수(迎隨) 사법(瀉法)에 의해서 시행된 소부(少府)·행간(行間) 침자(鍼刺)가 고지방식이(高脂肪食餌)로 유발된 비만(肥滿) 백서(白鼠)에 미치는 영향(影響))

  • Choi, Tae-Jin;Hwang, Moon-Hyeon;Ihm, Seon-Joo;Kim, Sung-Ok;Na, Chang-Su;Choi, Jin-Bong;Youn, Dae-Hwan
    • Journal of Korean Medicine Rehabilitation
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    • v.18 no.4
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    • pp.73-83
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    • 2008
  • Objectives : In this research, it was investigate that had effects on acupuncture techniques of $HT_{8}$(Shaofu) and $LR_{2}$(Xingjian) acupoints in high fat rats. We recorded data of weight gain, food intake, food efficiency, total cholesterol, triglyceride, AST, ALT, r-GTP, total bilirubin on rats fed high fat diet for 10 weeks. Methods : We divided experimental groups into four. Group of high-fat diet feeding and no treatment was control, group of high-fat diet feeding and acupuncture at $HT_{8}{\cdot}LR_{2}$ was Acu-1, group of high-fat diet feeding and acupuncture at $HT_{8}{\cdot}LR_{2}$ and rotated counter-clockwise 36times was Acu-2, high-fat diet feeding and acupuncture at $HT_{8}$(body direction)${\cdot}LR_{2}$(lower limb direction) and rotated counter-clockwise 36times was Acu-3. Results : In Acu-3 group, body weight on 2 weeks after starting acupuncture, food efficiency and the level of serum total cholesterol were decreased, and the level of HDL-cholesterol was increased. In Acu-1 group, the level of triglyceride was increased but ALT was decreased. Conclusions : These results suggest that treatment of acupuncture at $HT_{8}$(body direction)${\cdot}LR_{2}$(lower limb direction) and rotated counter-clockwise 36times may be having the influence on high fat by controlling the level of serum total cholesterol and HDL-cholesterol.

The Effects of Acupuncture by Needle Manipulation at $LR1{\cdot}KI1$ on the Blood Pressure in Hypertensive Rat induced by Two Kidney One Clip (2K1C). (대돈(大敦)${\cdot}$용천(湧泉) 염전(捻轉) 및 영수(迎隨) 보사수기법(補瀉手技法)이 2K1C에 의하여 유발(誘發)된 고혈압(高血壓) 백서(白鼠)에 미치는 영향(影響))

  • Youn, Dae-Hwan;Han, Jeong-Hee;Kim, Suhn-Hee;Na, Chang-Su
    • Korean Journal of Acupuncture
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    • v.24 no.3
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    • pp.165-177
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    • 2007
  • Objectives : The purpose of this study was to examine effects of acupuncture by needle manipulation at $LR1{\cdot}Kl1$ on the blood pressure, plasma levels of ANP(atrial natriuretic peptide), renin and cardiomegalic index in hypertensive rat Induced by two kidney one clip(2K1C). Material and methods : The groups divided into 7 groups; Control, no treatment. Acu-1,acupuncture at $LR1{\cdot}Kl1$ bilaterally and the needle was twirled and rotated forward with the thumb of the right hand 6 times. Acu-2, acupuncture at $LR1{\cdot}Kl1$ bilaterally and the needle was twirled and rotated forward with the forefinger of the right hand 6 times. Acu-3, acupuncture at $LR1{\cdot}Kl1$ bilaterally and the needle was inserted in the opposite direction(body direction) as the channel runs, Acu-4, acupuncture at $LR1{\cdot}Kl1$ bilaterally, the needle was inserted in the opposite direction(body direction) as the channel runs and the needle was twirled and rotated forward with the forefinger of the right hand 6 times. The acupuncture executed 5times for 2 weeks. Results : Systolic blood pressure was decreased significantly in Acu-2, Acu-3 and Acu-4. Plasma renin was decreased significantly in Acu-2 and Acu-4. Plasma ANP was increased significantly in Acu-2, however was decreased significantly in Acu-4. Cardiac hypertrophy index was decreased significantly in Acu-1, Acu-2, Acu-3 and Acu-4. Conclusions : These results suggest that acupuncture by needle manipulation at $LR1{\cdot}Kl1$ is effective in hypertension by renal blood problem.

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Effects of acupuncture at the $LU8{\cdot}K17$ on Anti-apoptotic cell death and neuroprotection in Rat hippocampus following focal brain ischemic injury induced by Intraluminal Filament insertion in Rats (직자(直刺), 영수(迎隨) 및 염전수기법(捻轉手技法)에 따라 시행한 경거(經渠)${\cdot}$복류(復溜) 침자(鍼刺)가 중대뇌동맥(中大腦動脈) 폐새(閉塞)에 의하여 유발(誘發)된 국소(局所) 뇌허혈(腦虛血) 백서(白鼠) hippocampus의 항세포자멸사(抗細胞自滅死) 및 복경보호(福經保護)에 미치는 영향(影響))

  • Youn, Dae-Hwan;Byun, Jeng-Yun;Choi, Chan-Hun;Baek, Jin-Ung;Jeong, Ji-Yeon;Jung, Yeon-Jin;Na, Chang-Su
    • Korean Journal of Acupuncture
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    • v.24 no.3
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    • pp.205-221
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    • 2007
  • Objectives : Aims of this study is to investigate the effects of $LU8{\cdot}KI7$ in rat induced by experimental focal ischemia. Materials and methods : The focal ischemia was induced by intraluminal filament insertion into middle cerebral artery. The groups divided into 6groups, control; no therapy group after ischemia-induced, AT1; acupuncture therapy group at $LU8{\cdot}KI7$ after ischemia-induced, AT2; acupuncture therapy at $LU8{\cdot}KI7$ bilaterally and the needle was twirled and rotated forward with the thumb of the right hand 9times, AT3; acupuncture therapy at $LU8{\cdot}KI7$ bilaterally and the needle was twirled and rotated forward with the forefinger of the right hand 9times, AT4; acupuncture therapy at$LU8{\cdot}KI7$ bilaterally and the needle was inserted to the direction following the flowing route of the meridian(digital direction), AT5; acupuncture therapy at $LU8{\cdot}KI7$ bilaterally, the needle was inserted to the direction following the flowing route of the meridian(digital direction) and the needle was twirled and rotated forward with the thumb of the right hand 9times. Acupuncture therapy was carried out 7times during 2weeks after focal ischemia-induced. The anti-apoptotic and neuroprotective effects of acupuncture are observed by Bax, Bcl-2, mGluR5, cytochrome c, Cresyl violet and ChAT-stain. Results : The intensity of Bax was decreased in AC1, AC4, AC5 group, was increased in AC2, AC3 group. The intensity of Bcl-2 was increased in AC2, AC3, AC4, AC5 group. The intensity of mGluR5 was decreased in AC1 group, was increased in AC4, AC5 group. The intensity of Cytochrome c was increased in ACI, AC2 group, was decreased in AC4, AC5 group. The density of neurons stained by Cresyl violet was increased in all group without control group. The density of ChAT was increased in AC2, ACS group. Conclusions : Our study suggests that AC5 group show anti-apoptotic and neuroprotective effects on cholinergic neuron in focal cerebral ischemia of the stroke in rats.

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The behavior of branch-rotated and chord web-stiffened T-joints in Cold-formed Square Hollow Sections (지관이 회전되고 주관 웨브 보강한 각형강관 T형 접합부의 거동에 관한 연구)

  • Park, Keum Sung;Bae, Kyu Woong;Jeong, Sang Min;Kang, SeokGyu;Moon, Tae Sup
    • Journal of Korean Society of Steel Construction
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    • v.15 no.6 s.67
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    • pp.673-681
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    • 2003
  • This paper describes the experiment that determines the ultimate strength of new uniplanar T-joints made of cold-formed square hollow sections. The new T-joint focused on the configuration of a branch member that is oriented 45 degrees to the plane of the truss and welded to the chord member whose web is stiffened with plate. The strength and failure mode are examined using the existing strength formula for the branch-rotated T-joint $(16.7{\leq}2{\gamma}(B/T){\leq}33.3$ and $0.63{\leq}{\beta}(b1/B){\leq}0.7)$. The test result shows that the capacity of the stiffened joint increases with thicker stiffening plate. The failure mode of the specimen $(2{\gamma}=33.3)$ is stiffened with plate changes from M2 (flange failure) to M3 (combined failure). On the other hand, the failure mode of the specimen $(2{\gamma}=16.7)$ is stiffened with plate changes from M1 ( web failure) to M2 (flange failure)