• Journal of Korea Trade
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• v.24 no.4
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• pp.1-17
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• 2020

Purpose - Since China has been South Korea's biggest export destination, uncertainty shocks originating from it would influence South Korea's exports. This paper evaluates the effects of China's economic policy uncertainty on Korea's exports to explore the transmission channels. Design/methodology - Incorporating endogeneities and nonlinearities, this study employs a quarterly time-varying parameters vector autoregressive model to investigate the relationships between China's economic policy uncertainty and Korea's exports, where the overparameterization due to time-varying specifications is overcome by a novel stochastic model specification search framework. According to previous theoretical studies, this paper assesses two channels, demand shock channel and exchange rate channel, through which foreign uncertainty affects Korea's exports. This paper identifies the primary drivers of Korea's aggregate exports and analyzes the rationales for the time-variant impacts of China's economic policy uncertainty on Korea's exports to China. Findings - Our empirical results reveal that Korea's aggregate exports are less responsive to China's economic policy uncertainty shocks and significantly move together with global demand. In contrast, its bilateral exports to China are highly responsive in a negative and time-variant way. Moreover, Chinese investment is an important channel through which China's economic policy uncertainty affects Korea's exports to China after 2010. Further, the time-variant effects of China's economic policy uncertainty on Korea's exports to China are related to changes in China's foreign trade policies, global economic conditions, and China's degree of economic freedom. Originality/value - Few previous studies touch the effects of external uncertainty shocks on South Korea's exports. This paper attempts to fill this gap and explicitly investigate the impacts of China's economic policy uncertainty on Korea's exports from a time-varying perspective. As Korea is an export-oriented economy, this study provides insights for the Korean government to understand the transmissions of external uncertainty better.

• Journal of Korean Society of Transportation
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• v.23 no.6 s.84
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• pp.91-102
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• 2005

When it comes to the process of information storage, people are likely to organize individual information into the forms of groups rather than independent attributes, and put them together in their brains. Likewise, in case of finding the shortest path, this study suggests that a Hierarchical Road Network(HRN) model should be selected to browse the most desirable route, since the HRN model takes the process mentioned above into account. Moreover, most of drivers make a decision to select a route from origin to destination by road hierarchy. It says that the drivers feel difference between the link travel tine which was measured by driving and the theoretical link travel time. There is a different solution which has predicted the link travel time to solve this problem. By using this solution, the link travel time is predicted based on link conditions from time to time. The predicated link travel time is used to search the shortest path. Stochastic Process model uses the historical patterns of travel time conditions on links. The HRN model has compared favorably with the conventional shortest path finding model in tern of calculated speeds. Even more, the result of the shortest path using the HRN model has more similar to the survey results which was conducted to the taxi drivers. Taxi drivers have a strong knowledge of road conditions on the road networks and they are more likely to select a shortest path according to the real common sense.

• Journal of the Institute of Electronics Engineers of Korea TC
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• v.46 no.2
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• pp.27-37
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• 2009

Sensor nodes forming a sensor network have limited energy capacity such as small batteries and when these nodes are placed in a specific field, it is important to research minimizing sensor nodes' energy consumption because of difficulty in supplying additional energy for the sensor nodes. Clustering has been in the limelight as one of efficient techniques to reduce sensor nodes' energy consumption in sensor networks. However, energy saving results can vary greatly depending on election of cluster heads, the number and size of clusters and the distance among the sensor nodes. /This research has an aim to find the optimal set of clusters which can reduce sensor nodes' energy consumption. We use a Genetic Algorithm(GA), a stochastic search technique used in computing, to find optimal solutions. GA performs searching through evolution processes to find optimal clusters in terms of energy efficiency. Our results show that GA is more efficient than LEACH which is a clustering algorithm without evolution processes. The two-dimensional GA (2D-GA) proposed in this research can perform more efficient gene evolution than one-dimensional GA(1D-GA)by giving unique location information to each node existing in chromosomes. As a result, the 2D-GA can find rapidly and effectively optimal clusters to maximize lifetime of the sensor networks.