• Title/Summary/Keyword: Unit Root Test

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Effect of inwards FDI on new venture creation, industrialization and economic growth in Russia: A timeseries ARDL approach

  • Kristina, Yuryeva;He, Zhengquan
    • Asia Pacific Journal of Business Review
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    • v.7 no.1
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    • pp.1-21
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    • 2022
  • This research aimed to clarify the impacts casted by inwards FDI on New venture creation, industrialization, and the economic growth of Russia. For all of these variables, data was taken about Russia from the site of The World Bank, and the selected duration was from 1995 to 2019. The total duration of the data taken was from 24 years. The time duration was well enough for applying the A.R.D.L. approach to the time series data of the study. This research used the unit root test to know the presence of the unit root for each variable, the lag order selection was made for the data, the bounds cointegration test was also applied, and ARDL Model was used to know about the different effects. With the help of the results derived, it was observed that the impact of private sector investment on new venture creation is significant. In contrast, foreign direct investment and research and development (R&D) effects on new venture creation are insignificant. It was also observed from the results that the impact of R&D on industrialization in Russia is significant, while the effects of FDI and the impact of private sector investment on industrialization in Russia is insignificant. We have fund that the effect of FDI and the impact of private sector investment on the economic growth of Russia is significant. In contrast, the impact of R&D is insignificant to the economic growth of Russia. The study is of great significance as it has raised the importance of R&D for industrialization, FDI, and PSI for economic growth and new venture creation for developing countries.

An Analysis of Co-movement among Foreign Exchange of Korea, China and Japan with the Change on the Financial & Commerce Environment (금융통상환경 변화와 한중일 환율 동조화 분석)

  • Choi, Chang-Yeoul;Ham, Hyung-Bum
    • International Commerce and Information Review
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    • v.12 no.1
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    • pp.153-175
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    • 2010
  • This study conducts an analysis to verify an existence of co-movement among the exchange rates of Yuan-Dollar, Yen-Dollar and Won-Dollar by using time series data. An analysis period is divided into two periods. Therefore the first analysis period is from Dec. 17, 1997 to Jul. 21th. 20, 2005 and the second analysis period is from Jul. 25th, 2005 to Nov. 20th. 2009. This paper uses VAR model and daily data of exchange rates during the period. According to the result of an empirical analysis, yuan-dollar exchange rate has affected by th other variables ; yen-dollar exchange rate. It can be proved by result of an impulse response test and variance decomposition test in the second period. Therefore the won-dollar, yen-dollar, and Yen-dollar exchange rate has been influenced each other and the relationship will be maintained.

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국내 연구개발투자와 경제성장간의 인과관계

  • 오세홍;임수진;손소영
    • Journal of Technology Innovation
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    • v.10 no.1
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    • pp.65-82
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    • 2002
  • This paper inquires into the causal relationship between R&D investment and GDP (Gross Domestic Product) in Korea. We apply the method of unit-root test, co-integration test, and Hsiao version of the Granger causality test to find the evidence of bi-directional causality between R&D and GDP. However, it is interesting to observe no significant directional effect between government funded R&D and GDP while private sector funded R&D turns out to affect GDP significantly. Utilizing the previous study results on bi-directional relationship between government and private sector funded R&D, we draw the following conclusion: In order to increase GDP, government funded R&D needs to induce private sector to fund more R&D in an effective manner. In this way, government is expected to indirectly participate in the development for better economy in Korea.

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High-resolution magnetic resonance imaging of teeth and periodontal tissues using a microscopy coil

  • Shinya Kotaki;Hiroshi Watanabe;Junichiro Sakamoto;Ami Kuribayashi;Marino Araragi;Hironori Akiyama;Yoshiko Ariji
    • Imaging Science in Dentistry
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    • v.54 no.3
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    • pp.276-282
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    • 2024
  • Purpose: This study aimed to assess the performance of 2-dimensional (2D) imaging with microscopy coils in delineating teeth and periodontal tissues compared with conventional 3-dimensional(3D) imaging on a 3 T magnetic resonance imaging (MRI) unit. Materials and Methods: Twelve healthy participants (4 men and 8 women; mean age: 25.6 years; range: 20-52 years) with no dental symptoms were included. The left mandibular first molars and surrounding periodontal tissues were examined using the following 2 sequences: 2D proton density-weighted (PDw) images and 3D enhanced T1 high-resolution isotropic volume excitation (eTHRIVE) images. Two-dimensional MRI images were taken using a 3 T MRI unit and a 47 mm microscopy coil, while 3D MRI imaging used a 3 T MRI unit and head-neck coil. Oral radiologists assessed dental and periodontal structures using a 4-point Likert scale. Inter- and intra-observer agreement was determined using the weighted kappa coefficient. The Wilcoxon signed-rank test was used to compare 2D-PDw and 3D-eTHRIVE images. Results: Qualitative analysis showed significantly better visualization scores for 2D-PDw imaging than for 3D-eTHRIVE imaging (Wilcoxon signed-rank test). 2D-PDw images provided improved visibility of the tooth, root dental pulp, periodontal ligament, lamina dura, coronal dental pulp, gingiva, and nutrient tract. Inter-observer reliability ranged from moderate agreement to almost perfect agreement, and intra-observer agreement was in a similar range. Conclusion: Two-dimensional-PDw images acquired using a 3 T MRI unit and microscopy coil effectively visualized nearly all aspects of teeth and periodontal tissues.

Determining the existence of unit roots based on detrended data (추세 제거된 시계열을 이용한 단위근 식별)

  • Na, Okyoung
    • The Korean Journal of Applied Statistics
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    • v.34 no.2
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    • pp.205-223
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    • 2021
  • In this paper, we study a method to determine the existence of unit roots by using the adaptive lasso. The previously proposed method that applied the adaptive lasso to the original time series has low power when there is an unknown trend. Therefore, we propose a modified version that fits the ADF regression model without deterministic component using the adaptive lasso to the detrended series instead of the original series. Our Monte Carlo simulation experiments show that the modified method improves the power over the original method and works well in large samples.

Equilibrium Moisture Contents and Thin Layer Drying Equations of Cereal Grains and Mushrooms (II) - for Oak Mushroom (Lentinus erodes) - (곡류 및 버섯류의 평형함수율 및 박층건조방정식에 관한 연구(II) - 표고버섯에 대하여 -)

  • Keum, D. H.;Kim, H.;Hong, N. U.
    • Journal of Biosystems Engineering
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    • v.27 no.3
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    • pp.219-226
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    • 2002
  • Desorption equilibrium moisture contents of oak mushroom were measured by the static method using salt solutions at flour temperature levels of 35$\^{C}$, 45$\^{C}$, 55$\^{C}$ and 6$\^{C}$ and five relative humidity levels in the range from 11.0% to 90.8%. EMC data were fitted to the modified Henderson, Chung-Pfost, modified Halsey and modified Oswin models using nonlinear regression analysis. Drying tests far oak mushroom were conducted in an experimental dryer equipped with air conditioning unit. The drying test were performed in triplicate at flour air temperatures of 35$\^{C}$, 45$\^{C}$, 55$\^{C}$ and 65$\^{C}$ and three relative humidities of 30%, 50% and 70% respectively. Measured moisture ratio data were fitted to the selected four drying models(Lewis, Page, simplified diffusion and Thompson models) using stepwise multiple regression analysis. The results of comparing root mean square errors for EMC models showed that modified Halsey was the best model, and modified Oswin models could be available far oak mushroom. The results of comparing coefficients of determination and root mean square errors of moisture ratio for four drying models showed that Page model were found to fit adequately to all drying test data with a coefficient of determination of 0.9990 and root mean square error of moisture ratio of 0.00739.

The prevalence and characteristics of external cervical resorption based on cone-beam computed tomographic imaging: a cross-sectional study

  • Matheus Diniz Ferreira;Matheus Barros-Costa;Felipe Ferreira Costa;Deborah Queiroz Freitas
    • Restorative Dentistry and Endodontics
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    • v.47 no.4
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    • pp.39.1-39.12
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    • 2022
  • Objectives: This study investigated the prevalence and characteristics of external cervical resorption (ECR) regarding sex, age, tooth, stages of progression, and portal of entry, using cone-beam computed tomography (CBCT) scans. Materials and Methods: CBCT scans of 1,313 patients from a Brazilian subpopulation comprising 883 female and 430 male patients (mean age, 55.2 years), acquired using a PreXion 3D CBCT unit, were evaluated. All permanent teeth included in the scans were evaluated for the presence of ECR according to the 3-dimensional classification and the portal of entry. The association between the presence of ECR and the factors studied was assessed using the χ2 test. Intra-observer agreement was analyzed with the kappa test (α = 0.05). Results: In total, 6,240 teeth were analyzed, of which 84 (1.35%) were affected by ECR. A significant association was found between the presence of ECR and sex, with a higher prevalence in male patients (p = 0.002). The most frequently affected teeth were the mandibular and maxillary central incisors. The most common height was the mid-third of the root. For the portal of entry, 44% of cases were on the proximal surfaces, 40.5% on the lingual/palatal surface and 15.5% on the buccal surface. Intra-observer agreement was excellent. Conclusions: The prevalence of ECR was 1.35%, with a higher prevalence in male patients and a wide age distribution. The mandibular and maxillary central incisors were the most commonly affected teeth, and cases of ECR most frequently showed a height into the mid-third of the root and proximal entry.

The Effect of Chinese Price on the Price of Korea, United States, and Japan (중국 물가가 한국.미국.일본의 물가에 미치는 영향)

  • Noh, Sang-Chae;Kim, Chang-Beom
    • International Commerce and Information Review
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    • v.10 no.3
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    • pp.355-367
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    • 2008
  • The purpose of this study is to estimate and analyse the relationship between Chinese price and the price of Korea, United States, and Japan. First of all, We test for a unit-root for stability of variable. This paper employs GPH cointegration test since the model must be stationary to get the accurate predicted values. The empirical results show that the model is mean-reverting. This paper also applies impulse-response functions to the model. The empirical results show that the price of Korea, United States, and Japan respond positively to the shocks in Chinese price and then decay slowly.

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Technology Innovation, Human Capital and R&D Effects on Economic Growth

  • Lim, Woo-Ri;Yi, Chae-Deug
    • International Area Studies Review
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    • v.21 no.1
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    • pp.201-219
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    • 2017
  • This paper analyzes the economic effects of the S&T Innovation, R&D, human resources and investment on the economic growth using 18 countries. We have obtained the somewhat mixed results on the existence of unit root roots in variables. While most of Pedroni cointegration tests show that there are no panel cointegration among the variables, Kao cointegration test shows that there is the panel cointegration among the variables such as GDP, human capital, R&D investment and patent. Kao cointegration test result shows that human capital, R&D investment, patent economic growth seem to have the panel cointegration or the long-run relationship among them as a whole. The estimation results of individual OLS and panel estimation show that the human capital, R&D investment and technology innovation or patent had positively significant effects on economic growth or GDP.

Accuracy comparison of 3-unit fixed dental provisional prostheses fabricated by different CAD/CAM manufacturing methods (다양한 CAD/CAM 제조 방식으로 제작한 3본 고정성 임시 치과 보철물의 정확도 비교)

  • Hyuk-Joon Lee;Ha-Bin Lee;Mi-Jun Noh;Ji-Hwan Kim
    • Journal of Technologic Dentistry
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    • v.45 no.2
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    • pp.31-38
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    • 2023
  • Purpose: This in vitro study aimed to compare the trueness of 3-unit fixed dental provisional prostheses (FDPs) fabricated by three different additive manufacturing and subtractive manufacturing procedures. Methods: A reference model with a maxillary left second premolar and the second molar prepped and the first molar missing was scanned for the fabrication of 3-unit FDPs. An anatomically shaped 3-unit FDP was designed on computer-aided design software. 10 FDPs were fabricated by subtractive (MI group) and additive manufacturing (stereolithography: SL group, digital light processing: DL group, liquid crystal displays: LC group) methods, respectively (N=40). All FDPs were scanned and exported to the standard triangulated language file. A three-dimensional analysis program measured the discrepancy of the internal, margin, and pontic base area. As for the comparison among manufacturing procedures, the Kruskal-Wallis test and the Mann-Whitney test with Bonferroni correction were evaluated statistically. Results: Regarding the internal area, the root mean square (RMS) value of the 3-unit FDPs was the lowest in the MI group (31.79±6.39 ㎛) and the highest in the SL group (69.34±29.88 ㎛; p=0.001). In the marginal area, those of the 3-unit FDPs were the lowest in the LC group (25.39±4.36 ㎛) and the highest in the SL group (48.94±18.98 ㎛; p=0.001). In the pontic base area, those of the 3-unit FDPs were the lowest in the LC group (8.72±2.74 ㎛) and the highest in the DL group (20.75±2.03 ㎛; p=0.001). Conclusion: A statistically significant difference was observed in the RMS mean values of all the groups. However, in comparison to the subtractive manufacturing method, all measurement areas of 3-unit FDPs fabricated by three different additive manufacturing methods are within a clinically acceptable range.