• Title/Summary/Keyword: average growth rate

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A Study on the Estimation of Producetivity Measure of the City of Seoul (서울시 생산성지표의 추정)

  • 서승환;이번송;정의철
    • Journal of the Korean Regional Science Association
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    • v.11 no.2
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    • pp.41-51
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    • 1995
  • It has been estimated the total factor productivity(TFP)of the city of Seoul. Average TFP growth rate during 1974-1992 has been estimated as 0.0602. TFP growth rate has been decreased from 0.0804 of 1970's to 0.0561 of 1980 and 1990's Factsro affecting the TFP are found to be core infrastructure, capital stock and land price growth rate. High land price growth rate depresses the TFP growth rate. During 1989, due to the high land price growth rate and extremely low building costruction permit TFP rate has been estimated as negative.

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Indirect assessment of internal irradiation from tritium decay on Lemna Minor duckweed

  • Ifayefunmi, O.S.;Mirseabasov, O.A.;Synzynys, B.I.
    • Nuclear Engineering and Technology
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    • v.53 no.6
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    • pp.1991-1999
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    • 2021
  • The response changes of the specific growth rate of Lemna minor duckweed was modeled using the logarithms of frond numbers on tritium activity concentration and gamma radiation dose from cobalt 60. The concept of average specific growth rate depends on the general exponential growth pattern, where toxicity is estimated based on the effect on the growth rate. One of the main questions of the effect of the radiation dose on duckweed is how to correlate the effect of beta radiation with the effect of any other radiation for modeling radiation on Lemna minor. Experimental data were extrapolated by utilizing the OECD guidelines. A linear relationship of absorbed dose and activity concentration was obtained for the average dependency growth rate of Lemna minor as D = (0.1257)·A0.585. The dose rate of gamma irradiation from 60Co increases with tritium activity dependence, on the specific growth rate of the Lemna minor duckweed. An increase in the tritium activity causes a decrease in the specific growth rate of the Lemna minor duckweed. It indicates that as the quantity of the beta radiation dose increase in Lemna minor duckweed, a higher quantity of gamma radiation will be required to cause the same effect in the specific growth rate of Lemna minor duckweed. The relation between the inhibition of the Lemna minor seedling growth and gamma and beta radiation dosage agrees roughly with that between the decrease of survival rate or fertility and dosage.

A Study on the Long-Run Consumption Risk in Foreign Currency Risk Premia (장기소비 위험을 이용한 통화포트폴리오 수익률에 관한 연구)

  • Liu, Won-Suk;Son, Sam-Ho
    • Journal of Distribution Science
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    • v.11 no.10
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    • pp.55-62
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    • 2013
  • Purpose - The purpose of this study is to suggest a risk factor that significantly explains foreign currency risk premia. In recent years, some studies have found that the performance of the simultaneous consumption risk model improves considerably when tested on foreign currency portfolios, which are constructed based on the international interest rates differentials. However, this paper focuses on the long-run consumption risk factor. In our empirical research, we found that the real excess returns of high interest rate currency portfolios depreciate on average, when the future American long-run consumption growth rate appears low. This makes the high interest rate currency portfolios have relatively high risk premia. Meanwhile, the real excess returns of low interest rate currency portfolios appreciate on average, under the same conditions, which results in relatively low risk premia for these portfolios. Therefore, this long-run consumption risk factor might explain why low interest rate currencies do not appreciate as much as the interest rate differential, and why high interest rate currencies do not depreciate as much as the interest rate differential. Research design, data, methodology - In our explanation, we provide new evidence on the success of long-run consumption risks in currency risk premia by focusing on the long-run consumption risks borne by American representative investors. To uncover the hidden link between exchange rates and long-run consumption growth, we set the eight currency portfolios as our basic assets, which have been built based on the foreign interest rates of eighty countries. As these eight currency portfolios are rebalanced every year, the first group always contains the lowest interest rate currencies, and the last group contains the highest interest rate currencies. Against these basic eight currency portfolios, we estimate the long-run consumption risk model. We use recursive utility framework and the stochastic discount factor that depends on the present value of expected future consumption growth rates. We find that our model is optimized in the two-year period of constructing the durable consumption expectation factor. Our main results surprisingly surpass the performance of the existing benchmark simultaneous consumption model in terms of R2, relatively risk aversion coefficient γ, and p-value of J-test. Results - The performance of our model is superior. R2, relatively risk aversion coefficient γ, and p-value of J-test of our long-run durable consumption model are 90%, 93%, and 65.5%, respectively, while those of EZ-DCAPM are 87%, 113%, and 62.8%, respectively. Thus, we can speculate that the risk premia in foreign currency markets have been determined by the long-run consumption risk. Conclusions - The aggregate long-run consumption growth risk explains a large part of the average change in the real excess returns of foreign currency portfolios. The real excess returns of high interest rate currency portfolios depreciate on average when American long-run consumption growth rate is low, and the real excess returns of low interest rate currency portfolios appreciate under the same conditions. Thus, the low interest rate currency portfolios allow investors to hedge against aggregate long-run consumption growth risk.

Numerical study of the influence of inlet shape design of a horizontal MOCVD reactor on the characteristics of epitaxial layer growth (수평 화학기상증착 반응기의 입구형상 설계가 단결정 박막증착률 특성에 미치는 영향에 관한 수치적 연구)

  • 정수진;김소정
    • Journal of the Korean Crystal Growth and Crystal Technology
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    • v.13 no.5
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    • pp.247-253
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    • 2003
  • In this study, a numerical analysis of the deposition of gallium arsenide from TMGa and arsine in a horizontal MOCVD reactor is performed to investigate the effect of inlet diffuser shape of reactor on the flow and deposition characteristics. The effects of two geometric parameters (diffuser angle, diffuser shape) on the growth rate, growth rate uniformity, flow uniformity and pressure loss are presented. As a results, it is found that the optimum linear diffuser angle is in the range of $50^{\circ}$$55^{\circ}$ and parabolic diffuser in the range of $40^{\circ}$$45^{\circ}$ from the viewpoint of growth rate uniformity, flow uniformity and average growth rate. It is also found that variation of diffuser angle has greater impact on growth rate uniformity than average growth rate particularly in parabolic diffuser.

Influence of an Anaerobic Fungal Culture (Orpinomyces sp.) Administration on Growth Rate, Ruminal Fermentation and Nutrient Digestion in Calves

  • Dey, Avijit;Sehgal, Jatinder Paul;Puniya, Anil Kumar;Singh, Kishan
    • Asian-Australasian Journal of Animal Sciences
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    • v.17 no.6
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    • pp.820-824
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    • 2004
  • The study was to see the effect of administration of ruminal fungi on feed intake, growth rate, rumen fermentation and nutrient digestion of calves (Tharparkar$\times$Holstein-Friesian, average age: 10 months, average body weight: 130 kg). The 6 calves in first group were fed a mixture consisted of 50% wheat straw and 50% concentrate (Maize 62%, Groundnut cake 35%, Mineral mix. 2% and Common salt 1%) along with 1 kg green oats $animal^{-1}$ $day^{-1}$ while second group calves were fed the above-mentioned diet in addition to a dose of 160 ml ($10^{6}$ CFU/ml) fungal culture $calf^{-1}$ $week^{-1}$. The average dry matter intake per day was slightly lowered in fungal fed calves yet feed conversion ratio was higher. The average daily weight gain was significantly higher (15.37%) in fungal administered group as compared to control. The nutrient digestibility was increased for crude fibre, NDF and ADF with fungal administration. Digestible energy value of straw-based diet in terms of percent TDN also increased. The pH and $NH_{3}$-N were lower whereas TVFA, total-N, TCA-N and number of zoospores were higher in rumen liquor in fungal administered group.

Impact of climate variability and change on crop Productivity (기후변화에 따른 작물 생산성반응과 기술적 대응)

  • Shin Jin Chul;Lee Chung Geun;Yoon Young Hwan;Kang Yang Soon
    • Proceedings of the Korean Society of Crop Science Conference
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    • 2000.11a
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    • pp.12-27
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    • 2000
  • During the recent decades, he problem of climate variability and change has been in the forefront of scientific problems. The objective of this study was to assess the impact of climate variability on crop growth and yield. The growth duration was the main impact of climate variability on crop yield. Phyllochronterval was shortened in the global worming situations. A simple model to describe developmental traits was provided from heading data of directly seeded rice cultivars and temperature data. Daily mean development rate could be explained by the average temperature during the growth stage. Simple regression equation between daily mean development rate(x) and the average temperature(y) during the growth period as y = ax + b. It can be simply modified as x = 1/a $\ast$ (y-b). The parameters of the model could depict the thermo sensitivity of the cultivars. On the base of this model, the three doubled CO2 GCM scenarios were assessed. The average of these would suggest a decline in rice production of about 11% if we maintained the current cultivars. Future cultivar's developmental traits could be suggested by the two model parameters.

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The Determinants of Export Pattern in Manufactures of Meat and Fish Products (우리나라 육류가공업 및 수산물가공업의 수출결정요인 분석)

  • Kim, Ki-Soo;Shin, Sang-Gyu
    • The Journal of Fisheries Business Administration
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    • v.36 no.2 s.68
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    • pp.97-120
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    • 2005
  • This study focused on manufactures of meat and fish products among food manufactures, made a time series data for the period from 1983 to 2002, and applied the data to Hecksher-Ohlin model to analyze the elements of pattern of export in food processing industries of Korea. The results are as follows; First, the average annual growth rate of constant exports has increased for meat product and fish product industries in Korea. But, for fish product industries, it has decreased at large since the mid-1990s. Second, the average annual growth rate of physical capital index has increased for meat product and fish product industry, The rate has been more higher for fish product industry than for meat product industry. Third, the average annual growth rate of labor index has decreased for both meat and fish products industries. Fourth, physical capital index has had no significant impact on constant exports for meat product industry, while labor index has had a significant impact on it. Fifth, physical capital index has had a significant impact on constant exports for fish product industry, while labor index has had no significant impact on it.

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A Study on the Learning Curve and Productivity (한국 정유산업의 학습곡선과 생산성에 관한 연구)

  • 이종철;강규철
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.20 no.43
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    • pp.175-195
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    • 1997
  • The learning curve has an important effect the growth of corporation. But, in Korea, the study and inference on the learning rate of each industry are unprepared, and so, Korean industires have difficult in productivity and cost. At this point, this study infers the learning rate of the oil industries and investigates the productivity and growth of them. In conclusion, this study presents the direction of the oil industries' development. With the intention of this objects, this study seizes the status which is concerned the total quantity, the operating rate, the plant capacity, the indicators concerning productivity, the investment of R & D and the scales, and then, infers and verifies the relevancy in connection with the learning rate. In the oil industry, the average rate of learning is 65.96% from 1982 to 1994 which the total quantity and the average operation time are used to infer the rate. To observe the low rate within a same period of time, this study takes the consequences that the learning rate is almost indentical with them each year. This steady state is caused by a difference between the employee and the decision maker about the acquirement and assimiliated of technology. When the high-quality technologies posses the environment to applicate in the scene of labor with them, this technology applies to the productivities. As the learning rate increases, the productivity has more effectiveness. The result of analysis about the effectiveness of the learning rate follows that the R & D unfoldes to exist and does not contribute to the growth of the oil industry. To analyze the variables of the growth, such as the learning rate, the investement of R & D, the operating rate and the gross value added to property, plant and equipment, the model is established and examined. The business strategy in the oil industry must be developed to achive the internal growth as well as the external.

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Characterizing Development of Endangered Gold-spotted Pond Frog (Pelophylax chosenicus) Focused on Egg Development and Growth and Survival Rates of Tadpoles with Different Feed (멸종위기 야생생물 금개구리 (Pelophylax chosenicus)의 난 발생 및 먹이 종류에 따른 올챙이의 성장 및 생존율 분석)

  • Kim, Keun-Sik;Song, Yebin;Park, Chang-Deuk;Kang, Dong Won;Yoon, Ju-Duk
    • Korean Journal of Ecology and Environment
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    • v.53 no.3
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    • pp.221-228
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    • 2020
  • We studied the development of the endangered gold-spotted pond frog, Pelophylax chosenicus eggs and analyzed growth and survival rate of the tadpoles while feeding different feed to obtain the basic data on the its biological traits and reproduction. We observed the fertilized eggs of gold-spotted pond frog that naturally spawned in a breeding tank using a microscope. Fertilized eggs were sphere shape surrounded by colloid layers, clearly distinct with animal and plant poles. The fertilized eggs hatched 31 hours after fertilization and operculum complete at 175 hours after fertilization at water temperature of 27.0±1.0℃. As a result of growth and survival rate by different feed from 35 days after mouth open stage, vegetable feed (VF) group and tetra-min (T) group were significantly higher average weight gain rate (WG)(5843.9% and 5736.3%, respectively) and average specific growth rate (SGR) (11.67% and 11.62, respectively) compared with other groups (WG: 641.8~4625.2%, SGR: 5.72~11.01%). The vegetable (V) group showed the lowest growth rate (P<0.05). The average feed efficiency was 177.83% in the VF group, about 17 times higher than the V group. In addition, the average survival rate of the VF and T groups were the high at 97.5% and 100%, respectively, and the V group was the lowest at 32.5%. Therefore, the more efficient feeds for successful breeding is singly with VF or T.

Comparative Study on the Growth Condition of Landscape Woody Plants according to the Ground Structure - Focusing on Manseok Beach Town Complex 2, Incheon - (지반구조에 따른 수목 생육상태 비교 연구 - 인천광역시 만석비치타운 단지를 대상으로 -)

  • Cho, Sung-Ho;Han, Bong-Ho;Park, Seok-Cheol
    • Journal of the Korean Society of Environmental Restoration Technology
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    • v.25 no.3
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    • pp.63-82
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    • 2022
  • The purpose of this study is to compare growth condition of landscape woody plants growing on the different ground structures in apartment complex. I chose Manseok Beach Town Complex 2, in Manseok-dong, Seo-gu, Incheon which has both natural and artificial ground as a subject site. Analysis of three phases of soil showed that artificial ground had average liquid phase of 30.89%, artificial ground mounding 33.88% and natural ground 24.40%. It means that artificial ground has higher water content than natural ground despite having same earthiness. It is believed that artificial ground is not as well drained as natural ground even though it is connected to the natural ground and has a deep soil depth because of mounding. Comparative study between woody plants on natural ground and those on artificial ground demonstrated that trees on natural ground grew 40.4% compared to those on artificial ground(0.875mm more) in terms of diameter growth. Average diameter growth of trees on natural ground was 3.040mm against 2.165mm for those on artificial ground. All 19 tree species which were measured for root diameter growth showed similar or higher growth on natural ground than on artificial ground. When it comes to growth of height, arborvitae showed highest growth on natural ground, followed by Thuja occidentalis, Pinus strobus, Magnolia denudata, Diospyros kaki and Aesculus turbinata. I measured branch growth and rate of leaf adherence of Pinus strobus. Average annual rate of branch growth of woody plants on natural ground was twice as high as those on artificial ground. I could conclude that ground structure influences branch growth of Pinus strobus. Statistics analysis of tree damage demonstrated significant result, meaning that there is a difference in the average damage rate depending on structure of ground. In order to validate growth difference by planting ground, I conducted T-Test of growth of diameter, root diameter, branch and height on woody plants growing on natural and artificial ground. As a result, it is believed that there is a difference in the growth of trees depending on the ground structure. Putting all these results together demonstrates that woody plants on natural ground generally grow better than those on artificial ground, which means ground structure does have an influence on the environment of growth of trees.