• The Journal of Asian Finance, Economics and Business
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• v.6 no.4
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• pp.139-145
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• 2019

This study examines the dynamic linkages between food price inflation and its volatility in the context of Sri Lanka. The empirical evidence derived from the monthly data for the period from 2003M1 to 2017M12 for Sri Lanka. The relationship between inflation rate and inflation volatility has attracted more attention by theoretical and empirical macroeconomists. Empirical studies on the relationship between food inflation and food inflation variability is scarce in the literature. Food price inflation is defined as log difference of food price series. The volatility of a food price inflation is measured by conditional variance generated by the FIGARCH model. Preliminary analysis showed that food inflation is stationary series. Granger causality test reveals that food inflation seems to exert positive impact on inflation variability. We find no evidence for inflation uncertainty affecting food inflation rates. Hence, the findings of the study supports the Friedman-Ball hypothesis in both cases of consumer food price inflation and wholesale food price inflation. This implies that past information on food inflation can help improve the one-step-ahead prediction of food inflation variability but not vice versa. Our results have some important policy implications for the design of monetary policy, food policy thereby promoting macroeconomic stability.

• Journal of the Korean Institute of Telematics and Electronics
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• v.9 no.2
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• pp.17-23
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• 1972

In this paper, the radiation characteristics of a large circular loop antenna with sinusoidal current distribution is studded in a moving media with a constant velocity much less than the speed of light. The diameter of the circular loop antenna is comparable with or larger than wave length. In studing the radiation characteristics, vector potential for the antenna is derived and relative field pattern is plotted from the vector potentials. Finally the field patterns are compared with those of stationary media. It is found that maximum directivities are shifted to the direction of the velocity of the media, and the field intensities are decreased in that direction and increased in opposite direction by the velocity component paralell to the loop plane. It is also found that the deviations for the pattern are proportional to the velocity of the media, the frequency of the distributed current, the diameter of the loop antenna, and the daviation depends only upon the parallel component of the velocity to the loop plane.

• Wind and Structures
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• v.5 no.6
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• pp.527-542
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• 2002

Wind-excited vibrations of slender structures can induce fatigue damage and cause structural failure without exceeding ultimate limit state. Unfortunately, the growing importance of this problem is coupled with an evident lack of simple calculation criteria. This paper proposes a mathematical method for evaluating the crosswind fatigue of slender vertical structures, which represents the dual formulation of a parallel method that the authors recently developed with regard to alongwind vibrations. It takes into account the probability distribution of the mean wind velocity at the structural site. The aerodynamic crosswind actions on the stationary structure are caused by the vortex shedding and by the lateral turbulence, both schematised by spectral models. The structural response in the small displacement regime is expressed in closed form by considering only the contribution of the first vibration mode. The stress cycle counting is based on a probabilistic method for narrow-band processes and leads to analytical formulae of the stress cycles histogram, of the accumulated damage and of the fatigue life. The extension of this procedure to take into account aeroelastic vibrations due to lock-in is carried out by means of ESDU method. The examples point out the great importance of vortex shedding and especially of lock-in concerning fatigue.

• Proceedings of the Korean Society of Soil and Groundwater Environment Conference
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• 2001.09a
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• pp.92-96
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• 2001

Although the problem of seawater intrusion at the coastal aquifer was recognized before over one hundred years at the coastal aquifer, much groundwater keep on being salinitized by several reasons such as groundwater exhaustion, coastalline change, and human activities. The horizontal and vertical electrical soundings and geostatistical methods were used to define the local characteristics of saltwater intrusion and to estimate the saltwater interface in the southeastern area of the Pusan City. The 24 points of the Schlumberger vertical electrical soundings(VES) to loom depth and the 2 lines of dipole-dipole horizontal soundings are peformed. The resistivity data have lognormal distributions. The horizontal extents of saline water intrusion were estimated from the inversion of horizontal prospecting data. Lognormal ordinary kriging is used in A-A' resistivity profiles on May and July because the data have stationary models in semivariograms. Lognormal IRF-k kriging is used for the isopleth maps using vertical resistivity data. The 10 ohm-m resistivity line on the isopleth maps of 21m, 30m, 50m, and 70m depth using resisitivity data measured in July is sifted to the east, cpomparing that of the isopleth maps measured in May. The kriged vertical and horizontal resistivity isopleth maps suggested that the geostatistical methods can be used to define the variation of earth resistivity distribution at the saltwater interface.

• The Journal of Asian Finance, Economics and Business
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• v.7 no.9
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• pp.219-228
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• 2020

The study investigates the impact of inflation rate on economic growth to find the best-fit model for economic growth in Vietnam. The study applied Vector Autoregressive (VAR), cointegration models, and unit root test for the time-series data from 1996 to 2018 to test the inflation impact on the economic growth in the short and long term. The study showed that the two variables are stationary at lag first difference I(1) with 1%, 5% and 10%; trace test indicates two cointegrating equations at the 0.05 level, the INF does not granger cause GDP, the optimal lag I(1) and the variables are closely related as R2 is 72%. It finds that the VAR model's results are the basis to perform economic growth; besides, the inflation rate is positively related to economic growth. The results support the monetary policy. This study identifies issues for Government to consider: have a comprehensive solution among macroeconomic policies, monetary policy, fiscal policy and other policies to control and maintain the inflation and stimulate growth; set a priority goal for sustainable economic growth; not pursue economic growth by maintaining the inflation rate in the long term, but take appropriate measures to stabilize the inflation at the best-fitted VAR forecast model.

• The Korean Journal of Applied Statistics
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• v.26 no.3
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• pp.521-529
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• 2013

The acceptance of the test of the homogeneity for panel time series models allows for the pooling of the series to achieve parsimony. In this paper, we introduce a panel bilinear time series model as well as derive the stationary condition and the limiting distribution of the test statistic of the homogeneity test for the model. For the applications study, we use Korea Mumps data from January 2001 to December 2008. Finally, we perform test of homogeneity for the panel data with 8 independent bilinear time series.

• Steel and Composite Structures
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• v.16 no.3
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• pp.325-337
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• 2014

The strength and buckling problem of a five layer sandwich beam under axial compression or bending is presented. Two faces of the beam are thin aluminium sheets and the core is made of aluminium foam. Between the faces and the core there are two thin binding glue layers. In the paper a mathematical model of the field of displacements, which includes a share effect and a bending moment, is presented. The system of partial differential equations of equilibrium for the five layer sandwich beam is derived on the basis of the principle of stationary total potential energy. The equations are analytically solved and the critical load is obtained. For comparison reasons a finite element model of the beam is formulated. For the case of bended beam the static analysis has been performed to obtain the stress distribution across the height of the beam. For the axially compressed beam the buckling analysis was carried out to determine the buckling load and buckling shape. Moreover, experimental investigations are carried out for two beams. The comparison of the results obtained in the analytical and numerical (FEM) analysis is shown in graphs and figures. The main aim of the paper is to present an analytical model of the five layer beam and to compare the results of the theoretical, numerical and experimental analyses.

• Proceedings of the Acoustical Society of Korea Conference
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• 1994.06a
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• pp.692-697
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• 1994

In the actual sound environmental systems, it seems to be essentially difficult to exactly evaluate a whole probability distribution form of its response fluctuation, owing to various types of natural, social and human factors. Up to now, we very often reported two kinds of unified probability density expressions in the standard expansion from of Hermite and Laguerre type orthonormal series to generally evaluate non-Gaussian, non-linear correlation and/or non-stationary properties of the fluctuation phenomenon. However, in the real sound environment, there still remain many actual problems on the necessity of improving the above two standard type probability expressions for practical use. In this paper, first, a central point is focused on how to find a new probabilistic theory of practically evaluating the variety and complexity of the actual random fluctuations, especially through introducing some equivalence transformation toward two standard probability density expressions mentioned above in the expansion from of Hermite and Laguerre type orthonormal series. Then, the effectiveness of the proposed theory has been confirmed experimentally too by applying it to the actual problems on the response probability evaluation of various sound insulation systems in an acoustic room.

• Journal of the Korean Society for Marine Environment & Energy
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• v.3 no.1
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• pp.25-34
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• 2000

A panoramic-PIV technique is employed to characterize the travelling tip vortices and the profile of oil-water Interface in the tandem fence arrangement. Instantaneous as well as time-averaged velocity profiles of the water layer close to the interface were obtained to evaluate the possibility of measuring the shear stress distribution on oil-water interface. It was proven that the present technique could provide some qualify data precise enough to resolve detailed flow structures inside a shear layer formed on oil-water interface provided it is nearly stationary.

• Journal of the Korean Data and Information Science Society
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• v.22 no.4
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• pp.631-641
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• 2011

We consider a history-dependent Parrondo game in which the winning probability of the present trial depends on the results of the last two trials in the past. When a fraction of an infinite number of players are allowed to choose between two fair Parrondo games at each turn, we compare the blind strategy such as a random sequence of choices with the short-range optimization strategy. In this paper, we show that the random sequence of choices yields a steady increase of average profit. However, if we choose the game that gives the higher expected profit at each turn, surprisingly we are not supposed to get a long-run positive profit for some parameter values.