• KDI Journal of Economic Policy
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• 제42권1호
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• pp.31-56
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• 2020

Does financial development contribute to economic growth? The literature finds that an expansion in financial resources is useful for economic growth if the degree of financial development is under a certain threshold; otherwise, the expansion is detrimental to growth. Almost every published study, however, considers country-panel data. Accordingly, the results are not directly applicable to the Korean economy. By examining Korean time-series data, this paper finds that there is an inverse U-shaped relationship between the per capita real GDP growth rate and private credit (as a percentage of nominal GDP)-a well-known measure of quantitative financial development, where the threshold is 171.5%. This paper also finds that private credit is positively associated with economic growth if the share of household credit out of private credit is less than 46.9%; otherwise, private credit is negatively associated with economic growth. As of 2016, the ratio of private credit to GDP and the ratio of household credit to private credit are both higher than the corresponding thresholds, which implies that policymakers should place more emphasis on qualitative financial development than on a quantitative expansion of financial resources.

• ETRI Journal
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• 제38권1호
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• pp.123-132
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• 2016

The Boneh, Goh, and Nissim (BGN) cryptosytem is the first homomorphic encryption scheme that allows additions and multiplications of plaintexts on encrypted data. BGN-type cryptosystems permit very small plaintext sizes. The best-known approach for the expansion of a message size by t times is one that requires t implementations of an initial scheme; however, such an approach becomes impractical when t is large. In this paper, we present a method of message expansion of BGN-type homomorphic encryption using composite product pairing, which is practical for relatively large t. In addition, we prove that the indistinguishability under chosen plaintext attack security of our construction relies on the decisional Diffie-Hellman assumption for all subgroups of prime order of the underlying composite pairing group.

• 한국콘크리트학회:학술대회논문집
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• 한국콘크리트학회 2006년도 추계 학술발표회 논문집
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• pp.953-956
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• 2006

Sulfate resistance of mortar specimens with or without alkali-free accelerator exposed to sulfate solutions for 360 days was investigated. Test results confirms a negative effect of alkali-free accelerator on the sulfate deterioration, irrespective of attacking sources. Based on the ASTM C1012 expansion test, the experimental findings demonstrated that higher $C_3A$ content in cement led to the higher expansion, especially in the mortar specimens with alkali-free accelerator.

• 대한전기학회논문지
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• 제33권1호
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• pp.9-16
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• 1984

This paper describes the minimum cost expansion planning which is based on the economical aspect under the various conditions on the power system expansion planning. It presents not only linear cost characteristics analysis but also stepwise cost characteristics analysis which satisfies practical condition in the power system. The latter analysis must be handled by integer programming (IP), because the relation between the cost and the capacity has stepwise characteristics. In order to proceed the latter analysis, the solving procedure is illustrated in detais by using branch and bound method which includes the network flow theory and maximum flow-minimum cut theorem.

• 대한기계학회논문집B
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• 제20권1호
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• pp.275-283
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• 1996

The turbulence in the engine cylinder is generated by intake pressure and inertia effects during intake stroke, and is generated and decreased by piston compression effect during the compression stroke. The classified needed to generate high turbulence flow at vicinity of ignition timing. Therefore, A single-shot Rapid Intake Compression Expansion Machine (RICEM), which is able to realize the intake, compression, expansion or intake-compression stroke under high piston speed respectively, was manufactured and evaluated in order to find methods to generate high turbulence at around spark timing. It was found that the characteristics of RICEM such as reapperance, leakage, piston displacement with crank angle was corresponding to those of real engine and RICEM simulates not only high temperature and high pressure field but also flow patterns of the actual engine by increasing of pressure in intake line.

• Bulletin of the Korean Chemical Society
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• 제21권6호
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• pp.595-603
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• 2000

Ring expansion reactions via endocyclic cleavage of cyclopropylcarbinyl radicals derived from the reaction of [1-benzyloxycarbonylbicyclo[n. 1.O]alk-(n+l)-yl] -1-imidazolethiocarboxylates with tributyltin hydride/AIBN proceeded to produce 3-cycloalkenecarboxylates in good yields. Benzyl (5'-phenoxypentyl) -3-cyclohepten-1 -carboxylate was obtained in 33% yield from the reaction of benzyl 5-methylenebicyclo [4. 1.0]- 1-carboxylates with 4-phenoxybutyl iodide under radical conditions. Selective cleavage of endocyclic bond in cyclopropane to the cyclohexane, results from stabilization of the resultant radical by the carbonyl groups, such as the benzyloxycarbonyl group, which lower the transition state energy for the final cyclopropane cleavage in the ring expansion.

• 한국추진공학회:학술대회논문집
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• 한국추진공학회 2004년도 제22회 춘계학술대회논문집
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• pp.644-648
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• 2004

In the present study were examined numerically and experimentally the off-design performance characteristics on an axisymmetric plug nozzle with variable throat area. In this nozzle concept, its throat area can be changed by translating the plug into the axial direction. First, a mixed-expansion plug nozzle, in which two expansion parts are arranged both inside and outside, was designed by means of the method of characteristics. Second, the CFD analysis was verified by the cold-flow wind tunnel test. Third, its performance characteristics were evaluated over a wide range of pressure ratio from half to double throat area through the design point, using the CFD code verified by the wind tunnel tests. It was made clear from the study that not so critical thrust efficiency losses were found and the maximum thrust efficiency loss was at most approximately 5 % under off-design conditions without external flow. This result shows that a plug nozzle can give the altitude compensation even under off-design geometry operations. However, shock waves were observed in the inner expansion part under the doubled throat area operation and thus some thermal problems may be caused on the plug surface. Furthermore, collapse of cell structure on the plug surface was observed with external flow (around Mach number 2.0) as it became lower pressure ratio below the design point and the fact may result in big efficiency loss regardless of geometrical configuration.

• Geomechanics and Engineering
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• 제13권1호
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• pp.63-77
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• 2017

The failure mechanism of a deep hard rock tunnel under high geostress and high geothermalactivity is extremely complex. Uniaxial compression tests of granite at different temperatures were conducted. The complete stress-strain curves, mechanical parameters and macroscopic failure types of the rock were analyzed in detail. The brittleness index, which represents the possibility of a severe brittleness hazard, is proposed in this paperby comparing the peak stress and the expansion stress. The results show that the temperature range from 20 to $60^{\circ}C$ is able to aggravate the brittle failure of hard rock based on the brittleness index. The closure of internal micro cracks by thermal stress can improve the strength of hard rock and the storage capacity of elastic strain energy. The failure mode ofthe samples changes from shear failure to tensile failure as the temperature increases. In conclusion, the brittle failure mechanism of hard rock under the action of thermal coupling is revealed, and the analysis result offers significant guidance for deep buried tunnels at high temperatures and under high geostress.

• Nuclear Engineering and Technology
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• 제16권2호
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• pp.70-79
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• 1984

대형 고속증식로용 핵계산 체제(KAERI-26군 단면적 library/1DX/2DB)를 이용하여 SUPER-PHE-NIX I 평형 노심의 초기상태에서의 diagrid 및 Pad팽창에 대한 반응도 계수를 계산, 검토하였다. 노심은 R-Z등가 model로 묘사하고, 2차원 다군 확산 이론 전산코드인 2DB를 사용하여 임계도를 계산하였다. 기초계산으로서 반경방향 및 축방향 균일 괭창에 대한 반응도 계산과 노심구성물질의 원자수 밀도 변화와 노심체적 변화에 대한 반응도 변화량계산을 수행하였다. 균일 팽창으로 고려한 diagrid팽창에 대한 반응도 계수는 -0.553pcm/mil로 계산되었다. 한편 반응도의 온도계수는 -1.0766pcm/$^{\circ}C$로 환산되어 프랑스 발표치 -1.09pcm/$^{\circ}C$와 1.2%오차내로 일치하였다. Diagrid 팽창효과 졔산방법을 활용하여 노심의 불균일 팽창을 유발하는 pad팽창에 대한 반응도 계수 계산을 수행한 바 매우 유용함을 알았다. Pad팽창에 대한 반응도 계수는 평균팽창 model의 경우 -0.2743pcm/mi1, pancake집적 model의 경우 -0.2786pcm/mi1로 각각 계산되었다. 또한 자유팽창 노심에서의 온도변화에 따른 pad 팽창에 대한 반응도 계수는 각 model에 대하여 -0.5766pcm/$^{\circ}C$, -0.5858pcm/$^{\circ}C$로 계산되어 프랑스 발표치 -0.574pcm/$^{\circ}C$와 2% 오차내로 일치하였다.

• 한국항공우주학회지
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• 제37권4호
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• pp.392-398
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• 2009

노즐의 팽창 조건에 따라 적용할 수 있는 이론적인 추력을 구하고 구해진 추력식을 이용하여 고체 추진기관의 추력을 조절하는 핀틀 추진기관의 설계변수, 즉 압력지수, 최소 작동압력, 대기압, 소화압력이 추력 조절 성능에 미치는 영향을 분석하였다. 분석결과 압력지수가 클수록, 최소 작동압력이 낮을수록, 대기압이 높을수록, 그리고 소화압력이 높을수록 핀틀로 노즐목 면적 크기를 조금만 조절하여도 낮은 연소관 압력 조절 범위에서 충분히 원하는 추력비를 얻을 수 있음을 확인하였다.