• Title/Summary/Keyword: Side impact analysis

Search Result 301, Processing Time 0.027 seconds

The Efficiency and General Equilibrium Effect by the Emission Trading Structure under the Climate Change Convention (기후변화협약 하의 배출권 거래 대상에 따른 일반균형효과와 효율성 비교)

  • Hur, Gahyeong;Cho, GyeongLyeob
    • Environmental and Resource Economics Review
    • /
    • v.15 no.2
    • /
    • pp.201-245
    • /
    • 2006
  • We applied general equilibrium model to analysis the economic impact of international emission trading by sector and the efficiency of the Convention to study whether Climate Change Convention satisfy the efficiency. We divided the world as 4 groups : USA, OECD members w/o USA (OEC), Former Soviet Union (FSU) and Developing countries (DEV). Compared to no trading, global trading would accomplish the same environmental effect with less cost as much as 97.8 billion$, which is the surplus of trading. However, half of it is taken by USA and 20% by OEC. FSU and DEV have only 18% and 10%. This result suggest the two things. First, the emission trading is effective as far as the participation of developing countries are guaranteed. If they do not take part in the coalition and emit the leakage, it may threaten the stability of the international trading coalition. Second, we found the logical ground of the side payment for developing countries. The permit buying countries take more share of the surplus under the emission trading, while the energy sector of developing countries shrinks to sell permits, which may adversely affect to economic growth of the countries. Therefore, the Annex-I countries need to provide side payment to lead the participation of the developing countries.

  • PDF

The Impact of Information on Stock Message Boards on Stock Trading Behaviors of Individual Investors based on Order Imbalance Analysis (온라인 주식게시판 정보가 주식투자자의 거래행태에 미치는 영향)

  • Kim, Hyun Mo;Park, Jae Hong
    • Information Systems Review
    • /
    • v.18 no.2
    • /
    • pp.23-38
    • /
    • 2016
  • Previous studies on information systems (IS) and finance suggest that information on stock message boards influence the investment decisions of individual investors. However, how information on online stock message boards influences an individual investor's buy or sell decisions is unclear. To address this research question, we investigate the relationship between a number of posts on stock message boards and order imbalance in stock markets. Order imbalance is defined as the difference between the daily sum of buy-side shares traded and the daily sum of sell-side shares traded. Therefore, order imbalance can suggest the direction of trades and the strength of the direction with trading volumes. In this regard, this study examines how the number of posts (information on stock message boards) influences order imbalance (stock trading behavior). We collected about 46,077 messages of 40 companies on the Korea Composite Stock Price Index from Paxnet, the most popular Korean online stock message board. The messages we collected were divided based on in-trading and after-trading hours to examine the relationship between the numbers of posts and trading volumes. We also collected order imbalance data on individual investors. We then integrated the balanced panel data sets and analyzed them through vector regression. We found that the number of posts on online stock message boards is positively related to prior order imbalance. We believe that our findings contribute to knowledge in IS and finance. Furthermore, this study suggests that investors should carefully monitor information on stock message boards to understand stock market sentiments.

A Study of the Relation of Perceived Stress to Oral Parafunctional Habits in University Students (일부 대학생의 지각된 스트레스와 구강 악습관과의 관련성)

  • Lee, Hyun-Ok;Kim, Sun-Mi
    • Journal of dental hygiene science
    • /
    • v.15 no.6
    • /
    • pp.721-727
    • /
    • 2015
  • The purpose of this study was to examine the impact of stress on the habits of temporomandibular disorder in college students. The subjects in this study were 396 male and female students who were in their first to fourth years at five different colleges located in Jeollabuk-do. The findings of the study were as follows: As for the degree of bad oral habits, "sleeping on one side" was the most common bad oral habit, followed by "enjoying caffeinated beverages," "resting the chin on the hand or a thing" and "chewing food in one side of the mouth only." As a result of analyzing their stress by general characteristics including gender, there were significant differences according to gender in stress about school life problems, one's own problems and economic difficulties, and only stress about one's own problems statistically significantly varied with academic year. When the correlation of the factors was analyzed, perceived stress about school life problems and one's own problems had a significant positive correlation with bad oral habit scores. When a multiple linear regression analysis was made to determine the influence of general characteristics and perceived stress on bad oral habit scores, gender, academic year, self-rated oral health status, stress about school life problems and stress about one's own problems were identified as significant variables. The findings of the study illustrated that there was an organic relationship between the bad oral habits and stress of the college students.

A Study on the Safety Ratio of Reservoir Embankment by Seismic Reinforcement Section Shape (내진보강 단면형상에 따른 국내 저수지 제방의 안전율에 대한 검토)

  • Lim, Seonghun;Kim, Daehyeon
    • The Journal of Engineering Geology
    • /
    • v.31 no.3
    • /
    • pp.343-355
    • /
    • 2021
  • Agricultural reservoirs seek human convenience by supplying agricultural water and providing flood damage effects and rest areas at the same time, but preventing them from aging reservoirs and earthquakes is important. The safety of levees is influenced by field material properties such as soil parameter values of the granular materials that make up the levees, but since precision safety diagnosis or general literature values are diverted, the final safety factors are limited to material properties alone. Since safety factors are determined by physical characteristic values and embankment shapes and have a significant impact on safety factors, accurate contemplation is required when examining reinforced cross sections. Therefore, this study analyzed the case of reasonable and economical reinforcement intersections when designing '◯◯reservoir' in Goheung-geun, Jeollanam-do using the GEP-SLOPE program to enable rational economic design of reinforcement intersections through repeated reviews. As a result of reducing and analyzing the first, second, and third seismic reinforcement of the levees, it was confirmed that the safety ratio was secured even with a significantly smaller amount of reinforcement than the first, second, and lower slopes by obtaining design standards of 1.20. In addition, when determining all seismic reinforcement cross-sectional shapes, it was confirmed that the shape that reinforces only the lower side rather than the upper side of the slope and the entire slope was economical with minimized cross-sectional reinforcement.

Impact on Retrievability by Cement Variety for Implant Restorations Equipped with a Lingual Slot

  • Lee, Ji-Hong;Lee, Kyu-Bok
    • Journal of Korean Dental Science
    • /
    • v.11 no.1
    • /
    • pp.14-20
    • /
    • 2018
  • Purpose: The purpose of this study is to measure and compare the removal torques of different cements applied in attachments of zirconia restorations on titanium (Ti) abutments fitted with retrievable cement-type slot (RCS) on the lingual side for the better retrievablity by use of a slot driver. Materials and Methods: Three types of cements were used in the experiment: two permanent cements in $RelyX^{TM}$ U200 (RU) (3M ESPE) which is a resin cement and $FujiCem^{TM}$ (FC) (GC) which is a resin-modified glass ionomer cement, and a temporary cement in $Freegenol^{TM}$ temporary cement (TC) (GC). Measurements of removal torques were conducted as follows; an attached sample was fixed on the equipment customized for the experiment; a slot driver was connected to a MGT12 (Mark-10 Corp.), a torque measurement instrument; the sample had the driver fitted to its RCS and then was rotated until the it was removed; and finally, the maximum torque value was recorded. Result: As for the removal torque measurement results, the average values were $47.9{\pm}2.6Ncm$ for RU, $43.4{\pm}1.5Ncm$ for FC, and $20.9{\pm}1.0Ncm$ for TC. The statistical analysis using Kruskal-Wallis test yielded the significance probability of P<0.05 (P=0.002), which confirmed the presence of significant differences between the three groups. Conclusion: All three cements exhibit clinically acceptable levels of removal torque when applied to an upper zirconia implant restoration fitted with a lingual slot, with RU and FC, the two permanent cements, having the significantly higher values than that of TC, the temporary cement.

Psychological Impact of Health Risk Appraisal of Korean Women at Different Levels of Breast Cancer Risk: Neglected Aspect of the Web-based Cancer Risk Assessment Tool

  • Kye, Su-Yeon;Park, Kee-Ho;Park, Hyeong-Geun;Kim, Myung-Hyun
    • Asian Pacific Journal of Cancer Prevention
    • /
    • v.13 no.2
    • /
    • pp.437-441
    • /
    • 2012
  • Objective: Health risk appraisal is often utilized to modify individual's health behavior, especially concerning disease prevention, and web-based health risk appraisal services are being provided to the general public in Korea. However, little is known about the psychological effect of the health risk appraisal even though poorly communicated information by the web-based service may result in unintended adverse health outcomes. This study was conducted to explore the psychological effect of health risk appraisal using epidemiological risk factor profile. Methods: We conducted a randomized trial comparing risk factor list type health risk appraisal and risk score type health risk appraisal. We studied 60 women aged 30 years and older who had no cancer. Anxiety level was assessed using the Spielberger State-Trait Anxiety Inventory YZ. Results: The results of multivariate analysis showed that risk status was the independent predictors of increase of state anxiety after health risk appraisal intervention when age, education, health risk appraisal type, numeracy, state anxiety, trait anxiety, and health risk appraisal type by risk status interaction was adjusted. Women who had higher risk status had an odd of having increased anxiety that was about 5 times greater than women who had lower risk status. Conclusions: Our findings indicate that communicating the risk status by individual health risk appraisal service can induce psychological sequelae, especially in women having higher risk status. Hospitals, institutes, or medical schools that are operating or planning to operate the online health risk appraisal service should take side effects such as psychological sequelae into consideration.

The Performance Characteristics of Anti-Surge Devices for High Head Cooling Water Systems in 1,000 MW Thermal Power plants (고수두 1,000 MW 석탄화력발전소 냉각수계통 수격방지장치의 성능특성)

  • Kim, Keun-Pil;Yoo, Hoseon
    • Plant Journal
    • /
    • v.15 no.4
    • /
    • pp.36-42
    • /
    • 2019
  • In recent, according to the tightening of environment regulation policy, the height of the site of the power plant is increased and the length of the cooling water pipe is increased. This has a serious impact on the stability of the plant. This study analyzes the transient phenomenon using LIQT 7.2, an unsteady state one-dimensional analysis software, to secure the stability of 1,000 MW high-capacity coal-fired power plant cooling water system with high head. To prevent water hammer, The effects on performance characteristics were predicted by individual and combination application. The surge pressure of the cooling water which occurs when the pump was stopped without installing the anti-surge devices was the largest at the pump outlet side. The most effective and simple way to reduce surge pressure in these cooling water systems is to combine a vacuum breaker with a hydraulic non-return valve, which is an essential device for pump protection.

Studies on the body - retaining rate of smoking-related carcinogens using some important volatile organic compounds (VOC) (흡연시 발암성 물질의 체내 잔존율에 대한 연구 - 주요 휘발성 유기화합물을 중심으로)

  • Kim, K.H.;Choi, Y.J.;Hong, Y.J.;Yang, H.S.;Lee, J.H.;Lee, Y.K.
    • Analytical Science and Technology
    • /
    • v.17 no.5
    • /
    • pp.410-415
    • /
    • 2004
  • In order to learn the emission characteristics of hazardous pollutants associated with environmental tobacco smoking (ETS), we measured the concentrations of major aromatic VOC and carbonyl compounds released from ETS. By acquiring the different smoke types of ETS, we were able to determine that the concentrations of those species range from ppb (normal exhaled air of smoker prior to smoking) to ppm levels (direct release of ETS without filter). Using these measurement data, we also evaluated the body-retaining rate of these compounds as the result of ETS. The results of our analysis indicated that predominant portion of them (e.g., > 99%) are retained as the result of cigarette smoking. To learn more about the potential impact of ETS, more extensive study may be required to assess the gross picture of pollutant deposition inside respiratory intake and their health-effects.

A Study on Properties of Patents in the Applicants and Possibility of Economical Usage-Focused on Pharmaceutical Chemistry Industry Sector (기업의 보유 특허 특성과 경제적 활용 가능성에 대한 연구-의료화학산업 특허를 중심으로)

  • Ko, Young-Hee;Lee, Mi-Hyun
    • Knowledge Management Research
    • /
    • v.14 no.1
    • /
    • pp.39-55
    • /
    • 2013
  • As the importance of intellectual property rights for the 21st century challenge became prominent, many companies have been trying to secure many rights competitively. In particular, application numbers of patent that represents technology has been increased continuously. Korean companies were not exception; mainly in large companies, there have been continued the efforts to grow the number of patent applications in quantitative volume. But the issues that how viable patents the companies have, how effectively the companies manage, and how economically usable the patents are, are totally different from quantitative management level. As such, the issue is connected to how to assess the patent management level of companies. On the other side of quantitative growth of patent that companies hold, there are some problems such as the difficulties to determine if the patents hold substantial values, and the difficulties to determine whether the patent are managed effectively. In addition, as the numbers of patent application and registration of companies are increased, the cost for patent holding and managing increase. It is required to pay continuous attention to the cost of patent management because patent registration fee has a property that increases rapidly with time and burden for patentee become heavier. As a result of analysis and interpretation, we confirmed that quantitative management, particularly the number of patent applicant does not make positive impact on how to use patent after application. Rather, it is observed that the economical usage is influenced positively by the efforts of patent applicants such as considering for the time of patent examination, paying attention to receive patent registration decision. Therefore, this study shows that efforts patent applicants provide in management level after application time are important to maintain the value of patents.

  • PDF

Analysis on Economic Performance of Social Welfare Expenditure in Korea: Evaluated by Scale Economies and Elasticity of Substitution (우리나라 사회복지지출의 경제성과 분석: 규모의 경제와 대체탄력성을 중심으로)

  • Rhee, Hyun-Jae
    • The Journal of the Korea Contents Association
    • /
    • v.13 no.12
    • /
    • pp.357-368
    • /
    • 2013
  • This research explores the efficiency of social welfare expenditure in Korea by analyzing marginal productivity, scale economies, and elasticity of substitution that could be obtainable from a production function. By virtue of VES production function, such productive indicators are easily identified. If once the efficiency is revealed in the production process, it brings to a positive impact to increase the level of income. Empirical evidences are shown that the public expenditure is operated systematically in comparing with the private one. This is mainly due to the fact that the system of the public sector is well-established. It implies that an operational system for the private sector ought to be built up in a short period of time. Otherwise, increasing in expenditure by a private sector would not be helpful to improve efficiency in the production side. Accordingly, level of income.