• The Journal of Industrial Distribution & Business
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• v.8 no.1
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• pp.5-13
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• 2017

Purpose - In this article, a dynamic model like a VAR is an appropriate choice for estimating the possible interrelationship between ownership structure and firm performance as a dynamic process. Research design, data, and methodology - Data of this work are collected from Chinese stock exchange including 350 Chinese-listed firms during the period of 1999-2012. We hypothesize that this interrelationship dynamically exists between ownership structure and firm performance. To examine the correlation, a panel Vector Auto-regression (PVAR) approach generated by GMM method is utilized to test the possible dynamic relation embedded in corporate governance. Another two dynamic analysis solutions such as orthogonalized impulse-response function and variance decomposition are also used simultaneously. Results - Findings of this study indicate the evidence that dynamically endogenous relationship exists between ownership structure and firm performance. Further, there is a dynamical correlation between investment and performance. Impulse response and variance decomposition illustrate that impact of a shock to variables themselves is the main source for their variability. Conclusions - The conclusion in this study is that there is a bidirectional and inter-temporal effect between proportion of ownership and corporate performance for a long run in accordance with impulse response function. Overall, our results suggest that corporate governance in China is more market oriented.

• Journal of Power Electronics
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• v.5 no.3
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• pp.198-205
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• 2005

The mechanical system of a drive can often be modeled as a two- or three-mass-system. The load is coupled to the driving motor by a shaft able to perform torsion oscillations. For the automatic tuning of the control, it is necessary to know the mathematical description of the system and the corresponding parameters. As the manpower and setup-time necessary during the commissioning of electrical drives are major cost factors, the development of self-operating identification strategies is a task worth pursuing. This paper presents an identification method which can be utilized for the assisted commissioning of electrical drives. The shaft assembly can be approximated as a two-mass non-rigid mechanical system with four parameters that have to be identified. The mathematical background for an identification procedure is developed and some important implementation issues are addressed. In order to avoid the excitation of the system with its natural resonance frequency, the frequency response can be obtained by exciting the system with a Pseudo Random Binary Signal (PRBS) and using the cross correlation function (CCF) and the auto correlation function (ACF). The reference torque is used as stimulation and the response is the mechanical speed. To determine the parameters, especially in advanced control schemes, a numerical algorithm with excellent convergence characteristics has also been used that can be implemented together with the proposed measurement procedure in order to assist the drive commissioning or to achieve an automatic setting of the control parameters. Simulations and experiments validate the efficiency and reliability of the identification procedure.

• Publications of The Korean Astronomical Society
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• v.23 no.2
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• pp.73-90
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• 2008

A software simulator is developed for verifying the VLBI Correlation Subsystem (VCS) trial product hardware. This software simulator includes the delay tracking, fringe rotation, bit-jump, FFT analysis, re-quantization, and auto/cross-correlation functions so as to confirm the function of the VCS trial product hardware. To verify the effectiveness of the developed software simulator, we carried out experiments using the simulation data which is a mixed signal with white noise and tone signal generated by software. We confirmed that the performance of this software simulator is similar as that of the hardware system. In case of spectral analysis and re-quantization experiment, a serious problem of the VCS hardware, which is not enough for expressing the data stream of FFT results specified in VCS hardware specification, was found by this software simulator. Through the experiments, the performance of software simulator was verified to be efficient. In future, we will improve and modify the function of software simulator to be used as a software correlator of Korea-Japan Joint VLBI Correlator (KJJVC).

• Journal of the Society of Naval Architects of Korea
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• v.51 no.2
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• pp.122-129
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• 2014

Identification of the whipping response out of the combined wave-vibration response of a flexible sea going vessel is one of the most interesting research topic from ship designer's point of view. In order to achieve this goal, a novel methodology based on the wavelet cross-correlation technique was proposed in this paper. The cross-correlation of the wavelet power spectrum averaged across the frequency axis was introduced to check the similarity between the combined wave-vibration response and impulse response. The calculated cross-correlation of the wavelet power spectrum was normalized by the auto-correlation of the each spectrum with zero time lag, eventually providing the cross-correlation coefficient that stays between 0 and 1, precisely indicating the existence of the impulse response buried in the combined wave-vibration response. Additionally, the weight function was introduced while calculating the cross-correlation of the two spectrums in order to filter out the signal of lower frequency so that the accuracy of the similarity check becomes as high as possible. The validity of the proposed methodology was checked through the application to the artificially generated ideal combined wave-vibration signal, together with the more realistic signal obtained by running 3D hydroelasticity program WISH-Flex. The correspondence of the identified whipping instances between the results, one from the proposed method and the other from the calculated slamming modal force, was excellent.

• Economic and Environmental Geology
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• v.39 no.3 s.178
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• pp.269-284
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• 2006

Aquifer responses to the river stage fluctuations were analyzed between the groundwater level and the river stage in an alluvial aquifer. The auto-correlation and cross-correlation as a time series analysis were applied. Study site is a floodplain in the Mangyeong river. Groundwater levels in each depth representing the silt and sand(SS), gravel and sand(GS), and weathered zone(WZ) layer were monitored. The groundwater levels were more sensitive to the river stage fluctuations than rainfall. Since the river stages are influenced by the gate operations downstream and tide, show periodic patterns, and the correlation coefficients with rainfall is low. Cross-correlation function between groundwater level in each depth do not show any delay time, then response time is very short to each depth. Cross-correlation analysis were performed to estimate the response time of groundwater levels to river stage fluctuations. Groundwater levels respond to the river stage within 30 minutes to 1 hour in wells near the stream. Short time lag between groundwater level and river stage indicates the quick response. A different response time imply the hydraulic inhomogeneity of the site, and a probable high permeability zone between river and aquifer can be inferred. Mangyeong-river in study site is a gaining stream normally, and river stage rising by gate operation or floods makes river water flow into groundwater. The auto-correlation and cross-correlation functions as a time series analysis can be a good tool to interpret the aquifer responses to stream stage fluctuation

• Journal of the Korean Society of Surveying, Geodesy, Photogrammetry and Cartography
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• v.33 no.2
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• pp.123-129
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• 2015

The Kalman filter has been widely used in the kinematic GPS positioning due to its flexibility and efficiency in computational points of view. At the same time, the relative positioning technique also provided the high precision positioning results by removing the systematic errors in the measurements significantly. However, the positioning quality may be degraded following to longer in baseline length. For this case, it is required that the remaining atmospheric effects, such as double-difference ionospheric delay and zenith wet delay, should be properly modeled by examining the characteristics of the stochastic processes. In general, atmospheric effects are estimated with the assumption of random walk, or the first-order Gauss-Markov stochastic process, which requires the precise modeling on the corresponding process noises. Therefore, we determined and provided the parameters for modelling the process noises for atmospheric effects. The auto-correlation functions are empirically determined at first, and then the parameters are extracted from the empirical auto-correlation function. In fact, the test results can be either applied directly, or used as guidance values for the modeling of process noises in the kinematic GPS positioning.

• Journal of Environmental Policy
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• v.7 no.1
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• pp.101-118
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• 2008

In this study, we estimate the labor demand function of environmental industry with environmental industry survey of Ministry of Environment. To do this, we apply the panel estimation technique. We follow the widely accepted estimation methods: panel generalized least square, panel generalized least square with heteroskedasticity/auto-correlation, random effect model and random effect model with auto-correlation. On the average, each industry is estimated at the elasticity of sales on labor demand from 0.193 to 0.259. It means that the increase of sales by 214billion won can create around $1,600{\sim}2,300$ jobs, and this is merely a direct effect. So when we consider the whole effect of labor demand increase including indirect derived job creation, the labor demand increase will be higher than this. So it is desirable for the government to support the development of environmental industry for sustainable development.

• Journal of the Korea institute for structural maintenance and inspection
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• v.14 no.1
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• pp.165-174
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• 2010

In this paper, a two-phase structural health monitoring system using acceleration response signatures are presented to firstly alarm the change in structural condition and to secondly detect the changed location for full-scale concrete girder bridges. Firstly, Mihocheon Bridge which is a two-span continuous concrete girder bridge is selected as the target structure. The dynamic response features of Mihocheon Bridge are extracted by forced vibration test using bowling ball. Secondly, the damage alarming occurrence and the damage localization techniques are selected to design two-phase structural health monitoring system for Mihocheon Bridge. As the damage alarming techniques, auto-regressive model using time-domain signatures, correlation coefficient of frequency response function and frequency response ratio assurance criterion are selected. As the damage localization technique, modal strain energy-based damage index method is selected. Finally, the feasibility of two-phase structural health monitoring systems is evaluated from static loading tests using a dump truck.

• Computational Structural Engineering
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• v.5 no.3
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• pp.127-137
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• 1992

A method for nonstationary response analysis of an offshore guyed tower subjected to earthquake loading is presented. The nonstationarity of the earthquake excitation is modeled by imposing a time varying envelope function onto a stationary random model. By taking the envelope function and the auto-correlation function of ground acceleration in terms of complex exponential functions of time, an analytical procedure is developed for computing time varying variances of the tower response. Example analysis indicates that the maximum responses estimated by considering nonstationary effect properly are significantly less than those obtained by the conventional frequency domain analysis method based upon the stationary assumption.

• The Journal of the Korea Contents Association
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• v.7 no.7
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• pp.60-67
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• 2007

The spectrum sensing is important for decision of using frequency band. It checks the frequency band for cognitive radio system. In this paper, we apply autocorrelation function to the energy detection method. We use the autocorrelation function to improve the performance of spectrum sensing method based on the energy detection method. This method is different from cyclostationary process method where parameters such as the mean or the autocorrelation function are time-varying periodically. And we propose improved method that is robust in poor radio environment. If the proposed method applies for sensing in the cognitive radio system, it will have the structural simplicity and the fast computation of spectrum sensing.