• Journal of Korea Technical Association of The Pulp and Paper Industry
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• v.44 no.6
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• pp.21-27
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• 2012

The effects of fines contents in OCC stock on the wet pressing process were evaluated in this study. The fines were collected from the beaten OCC stock by using 200 mesh. The dryness of handsheet samples after the couch and after the 1st wet press were greatly affected by the fine contents of the OCC stock. The higher contents of fines resulted in the lower value in dryness but the higher value of density followed by the higher strength properties. The addition of the retention aids and the drainage aids on the OCC stocks showed the wet pressing efficiency were greatly affected by the fine contents rather than the addition of polymer additives. The increase in the fine retention by the polymer additives offset the improvement in the wet pressing efficiency originated from the polymer additives.

• Proceedings of the KSR Conference
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• 2008.06a
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• pp.707-712
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• 2008

As RAMS becomes an international trend in the railroad industry, it is also generalized in the domestic railroad industry. This research is performed to present a criterion of the RAMS plan for the next generation high speed rolling stock. The criterion is developed based on IEC62278(EN50126), the international standard for railroad RAMS and CLC/TR 50126-2, 3, the guide to the application of IEC 62278. It is necessary for the export of the rolling stock. The criterion describes the RAMS targets and the contents to be included in the RAMS plan to meet the RAMS targets. Through developing the RAMS plan, we can identify RAMS activities and documents to be done in the total life cycle which includes design, manufacture and operation. It will help to accomplish synthetically the system targets of the next generation high speed rolling stock.

• Journal of Korea Technical Association of The Pulp and Paper Industry
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• v.35 no.4
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• pp.23-33
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• 2003

The possibility of real time analysis about hot melt resins and pressure sensitive adhesives in newsprint stock was investigated by performing comparative tests using conventional image analysis method and real time contaminants analyzer. Based on the test results, the performance of real time contaminants analyzer in terms of detecting primary stickies in newsprint stock could be verified. Real time stickies analysis showed good precision and over-estimation of hot melt resins and under-estimation of pressure sensitive adhesives could be corrected by adapting new method. Real time analysis of primary stickies in the actual newsprint stock also showed good correlation with conventional image analysis and the performance of real time contaminants analyzer could be verified again. Adjustment of the contrast sensitivity of real time contaminants analyzer was enough to set the proper monitoring conditions for primary stickies in newsprint stock.

• Journal of Distribution Science
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• v.17 no.1
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• pp.11-19
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• 2019

Purpose - We document the impact of economic policy uncertainty (EPU) in the US and China on the dynamic spillover effect of macroeconomics such as stock price, housing price in Korea. Research design, data, and methodology - We use the nine variables to analyze the effect which produces a result among the EPU indexes of the US and China on economic variables which is the consumer price index (CPI), housing purchase price composite index, housing lease price, the stock price index in banking industry, construction industry and distribution industry, and composite leading indicator from January 1995 to December 2016 with the Vector Error Correction Model. Result - The US EPU index has significantly a negative relation on the CPI, housing purchase price index, housing lease price index, the stock price index in banking industry, construction industry, and distribution industry in Korea. Conclusions - We find the dynamic effect of the EPU indexes in the US and China on the macroeconomics returns in Korea. This study has an empirical evidence that the economy market in Korea is influenced by the EPU index of the US rather than it of China. The higher EPU, the more risky the economy of in Korea.

• The Journal of Asian Finance, Economics and Business
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• v.9 no.3
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• pp.195-202
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• 2022

This study investigates whether institutional investors increase or decrease the volatility of stock returns in the Thai stock market. For the purpose we used the data from SETSMART, a database provided by the Stock Exchange of Thailand (SET). Our sample is a balanced panel data covering 3,160 firm-year observations from 316 nonfinancial firms listed on the SET from 2011 to 2020. We analyze the link between institutional holdings and the volatility of stock returns by the pooled Ordinary Least Squares (OLS) model, the fixed effects model, and the random-effects model. In particular, we regress the stock return volatility on institutional ownership while controlling for firm size, financial leverage, growth opportunities, and stock turnover and accounting for industry effects and year effects. Our results indicate institutional investors' positive and significant influence on the volatility of the stock returns. Additionally, we performed the dynamic Generalized Method of Moment (GMM) estimator to alleviate concerns of possible endogeneity. The result still shows a positive impact of institutional investors on the volatility in stock returns. Overall, the findings of this study suggest that an increase in the volatility of stock returns in the Thai stock market may stem from a higher proportion of equity held by the institutional investors.

• Journal of Korean Society of Industrial and Systems Engineering
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• v.17 no.30
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• pp.135-145
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• 1994

There has been increasing interest in modeling the effect of buffer stock in automatic flow lines such as transfer line, assembly line and process line. The purpose of this paper is to determine the optimal buffer stock for a two-stage process line of industry that minimize a expected cost considering line efficiency and buffer stock Analytical method for the simplified model is applied and computer simulation is conducted to real numerical example.

• Proceedings of the KIEE Conference
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• 1997.11a
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• pp.52-54
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• 1997

This paper deals with investigating some characteristics of the inverter-driven tractive induction motor according to the various rotor slot number. 2-D time-stepped finite element method considering the inverter voltage waveform is utilized for electromagnetic field analysis. As a result, harmonics spectra of torque and bar loss are compared in each case.

• The Journal of Asian Finance, Economics and Business
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• v.6 no.4
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• pp.37-43
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• 2019

The research aims to study the relationship between export performance and stock return of Vietnamese fishery companies. To conduct this study, quarterly data was collected for period from 2010-2018 of 13 fishery companies listing in Ho Chi Minh Stock Exchange (HOSE) and Ha Noi Stock Exchange (HNX). The export performance was measured by export intensity, export growth and export market coverage. In addition, interest rate, exchange rate, GDP, firm size, profitability, and financial leverage were considered as the control variables in the research model. Panel data analysis with Generalized Least Squares model was employed to estimate the predictive regression. The findings indicated that export intensity and export growth have a significant and positive relationship with stock returns. However, export market coverage has not a significant relationship with stock return at the 0.05 level. Profitability, financial leverage, and exchange rate have a positive relationship, while interest rate and GDP have no relation to stock return at the 0.05 significance level. The findings imply that investors should consider the export intensity instead of export growth and export market coverage as selecting stock of fishery exports firms to invest; managers should increase export intensity to increase company's stock price or firm market value.

• The Journal of Asian Finance, Economics and Business
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• v.8 no.5
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• pp.543-549
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• 2021

The stock market plays a crucial role in the growth of industry and trade, which eventually affects the economy. This paper studies the determinants of stock market development in Jordan using yearly time-series data (1978-2019). The autoregressive distributed lag approach is applied to examine co-integration, while the vector error correction model is employed to estimate (long-run and short-run) causal relationships. The results show that macroeconomic determinants such as gross domestic product, gross domestic savings, investment rate, credit to the private sector, broadest money supply, stock market liquidity, and inflation rate are important determinants of stock market development. These findings provide vital implications for policymakers in developed and emerging stock markets. First, economic development plays an imperative role in stock market development. Second, developing the banking sector is mandatory because it can significantly promote stock market development. Third, domestic investment is a significant determinant of stock market development, especially in emerging countries. However, it is vital to launch policies that lead to encourage investment and promote stock market development, and this could be done through (1) encouraging competition, (2) improving the institutional framework, and (3) removing trade blocks by establishing a mutual connection between foreign private investment entities and government authorities.

• Journal of Climate Change Research
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• v.7 no.4
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• pp.499-506
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• 2016

This study was conducted to estimate carbon stock and uptake for Larix kaempferi Lamb., the single species, which is the most widely distributed one following Pinus densiflora, using data from 6th national forest inventory and forest type map of 1:5,000. Overall distribution area of Larix kaempferi in South Korea was shown as 272,800ha, in detail, Gangwon-do was the most widely distributed region with 39.6% (108,141 ha) of the whole forest area, and Gyeongsangbuk-do was 18.6%(50,839 ha), Chungcheongbuk-do was 15.1%(41,205ha) in order. As the results of analysis in carbon stock and uptake for each province, the values were high with Gyeonggi-do 109.0 tC/ha, $10.3tCO_2/ha/yr$, Gangwon-do 349.1 tC/ha, $9.7tCO_2/ha/yr$ in order, and Jeollabuk-do was the lowest with 78.3 tC/ha, $7.6tCO_2/ha/yr$. Also, the results of estimation in total carbon stocks and uptakes by year (1989~2015) were turned out that total carbon stocks and uptakes were 24,891 thousand tC, $2,428thousand\;tCO_2$ in 2015, increasing about 4.8 times and 3.8 times each compared with 5,238 thousand C/ha, $640thousand\;CO_2$ in 1989. Although forest area was decreased 26.6% with 371,884 ha in 1989 to 272,800 ha in 2015, carbon stocks and uptakes were increased in 2015 in that forest stock was increased 126% compared to 1989.