• Title/Summary/Keyword: data consolidation

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The Effect of Capital Market Consolidation Act on the Efficiency of the Korean Financial Industry (자본시장통합법 시행에 따른 금융회사 효율성의 변화)

  • Kang, Soo-Min;Min, Jae H.
    • Korean Management Science Review
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    • v.29 no.3
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    • pp.23-43
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    • 2012
  • Enacted for enhancing the competitiveness of the Korean capital market and financial industry, Capital Market Consolidation Act (CMCA) was intended to induce considerable changes such as adopting the concept of financial investment products, regulating financial investment functionally, extending financial investors' business areas and intensifying protection for investors. Employing DEA (Data Envelopment Analysis), this study measures and compares the efficiencies of domestic financial companies between the before and after the enactment of the Consolidation Act. We categorize the financial companies into 4 groups (banks, life insurance companies, property and casualty insurance companies and securities companies) depending on their business types, and evaluate how much and in which direction the Consolidation Act affects the efficiency of each group respectively. The study shows that there is no significant difference between the average efficiency of banks and that of property and casualty insurance companies due to the trade-off between opportunities and threats of the Act. To the contrary, it shows that the respective average efficiencies of life insurance companies and securities companies moved in the opposite directions to a considerable extent. Through empirical tests, we demonstrate the effect of the Act on the efficiency of Korean financial companies, and suggest the countermeasures for each financial group against the Act.

The Study of Evaluating The Degree of Consolidation of The Dredged and Reclaimed Soft Ground (준설매립된 연약지반의 압밀도 산정에 관한 연구)

  • Kim, Seung-Tyull;Jung, Hun-Chul;Park, Chi-Myeon;Shin, Kyung-Ha;Jung, Ki-Moon
    • Proceedings of the Korean Geotechical Society Conference
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    • 2005.10a
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    • pp.469-478
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    • 2005
  • Understanding of an accurate state of consolidation of underconsolidated clay body, like a recently dredged or reclaimed clay deposits, is one of the most difficult tasks. The estimation of the consolidation status of these clay bodies is often made by laboratory tests of numerical analyses. However these methods demonstrated crucial limitations in the accurate prediction. Therefore, the predicted degree of consolidation from various techniques is verified by actual measured field data. The degree of consolidation of clay body in the East Side Hinterland of Gwangyang Port(2nd Phase) is evaluated in this study by using various techniques such as oedometer test, CPTu, numerical analysis and piezometer tests etc. And the results are compared each other to find the most reliable prediction technique. The merit and reliability of each method is discussed in detail. It is revealed from in this study that the estimation of degree of consolidation by an actual pore water pressure measurements is the most reliable technique.

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Comparison of Coefficient of Consolidation and Prediction of Excess Pore Water Pressure of Agricultural Reservoir under Embankment on Soft Ground (연약지반상에 축조된 농업용저수지의 과잉공극수압 예측과 압밀계수의 비교)

  • Lee, Dal-Won;Kim, Eun-Ho
    • Journal of The Korean Society of Agricultural Engineers
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    • v.52 no.2
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    • pp.1-9
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    • 2010
  • This study was carried out to comparison of coefficient of consolidation and the prediction of excess pore water pressure in agricultural reservoir on soft clay ground. For the purpose of verification of the proposed equation, laboratory model tests and field tests were performed and excess pore water pressure was compared to those predicted with the Terzaghi's method. The predicted excess pore water pressure according to ponding was very applicable to practice because it was close to the observed data. Also, for the comparison of coefficient of consolidation, the oedometer, constant rate of strain (CRS), and Rowe cell tests were performed. The coefficient of consolidation at the Rowe cell and CRS tests showed a greate increase than in the oedometer test. The ratio of the vertical and horizontal coefficient of consolidation showed a large difference according to various tests method and mixing ratio. Therefore, it is recommended that careful attention should be paid to predicting the required consolidation period in agricultural reservoir.

Reliability of Ultimate Settlement Prediction Methods (연약지반 장기 침하량 예측기법의 신뢰성 평가)

  • 우철웅;장병욱;송창섭
    • Magazine of the Korean Society of Agricultural Engineers
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    • v.38 no.6
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    • pp.35-41
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    • 1996
  • The theory of consolidation has been achieved remarkable development in terms of theory such as finite consolidation theory, two dimensional Rendulic consolidation theory. Though those theories are well defined, the analysis is by no means straightforward, because associated properties are very difficult to determine in the laboratory, Therefore Terzaghi's one dimensional consolidation theory and Barron's cylindrical consolidation theory are still widely used in engineering practice. The theoretical shortcomings of those consolidation theories and uncertainties of associated properties make inevitably some discrepancy between theoretical and field settlements. Field settlement measurement by settlement plate is, therefore, widely used to overcome the discrepancy. Ultimate settlement is one of the most important factor of embankment construction on soft soils. Nowadays the ultimate settlement prediction methods using field settlement data are widely accepted as a helpful tool for field settlement analysis of embankment construction on soft soils. Among the various methods of ultimate settlement prediction, hyperbolic method and Asaoka's method are most commonly used because of their simplicity and ability to give a reasonable estimate of consolidation settlement. In this paper, the reliability of hyperbolic method and Asaoka's method has been examined using analytical methods. It is shown that both hyperbolic method and Asaoka's method are significantly affected by the direction of drainage.

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A New Method for Estimating the Coefficient of Consolidation in Various Stress Conditions (다양한 응력조건을 고려한 새로운 압밀계수 평가방법)

  • Kwak Chan-Mun;Jung Young-Hoon;Kim Chang-Youb;Chung Choong-Ki
    • Journal of the Korean Geotechnical Society
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    • v.21 no.5
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    • pp.25-32
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    • 2005
  • The coefficient of consolidation has been evaluated using the conventional oedometer tests based on the one-dimensional consolidation theory. In the field, however, the actual response of the soil will be subject to the three-dimensional condition during consolidation. In this research, a new method f3r estimating the coefficient of consolidation for various stress-deformation conditions was proposed. The good agreement between the computed dissipation of pore pressure and the measured data confirms the usefulness and the applicability of the proposed method to predict the exact rate of consolidation.

Characterization of Non-linear Consolidation of Dredged Soil from Incheon Area (인천 지역 준설토의 비선형 압밀특성 연구)

  • Oak, Young-Suk;An, Yong-Hoon;Lee, Chul-Ho;Choi, Hang-Seok
    • Proceedings of the Korean Geotechical Society Conference
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    • 2008.10a
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    • pp.1693-1706
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    • 2008
  • It is of importance to determine the zero effective stress void ratio($e_{00}$), which is the void ratio at effective stress equal to zero, and the relationships of void ratio-effective stress and of void ratio-hydraulic conductivity for characterizing non-liner finite strain consolidation behavior for ultra-soft dredged materials. The zero effective stress void ratio means a transitional status from sedimentation to self-weight consolidation of very soft soil deposits, and acts as a starting point for self-weight consolidation in the non-linear finite strain numerical analysis such as PSDDF. In this paper, a new method for determining the zero effective stress void ratio has been introduced with the aid of measuring electrical resistivity of the specimen. A correlation between the zero effective stress void ratio and the initial slurry void ratio has been proposed, which can be used in PSDDF analysis as an input parameter. Combining all of the accessible experimental data, the consolidation characteristics of a dredged soil from the Incheon area has been studied in detail.

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Prediction of Settlement of Vertical Drainage-Reinforced Soft Clay Ground using Back-Analysis (역해석 기법에 근거한 수직배수재로 개량된 연약점토지반의 침하예측)

  • Park, Hyun-Il;Kim, Yun-Tae;Hwang, Dae-Jin
    • Proceedings of the Korean Geotechical Society Conference
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    • 2005.10a
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    • pp.417-424
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    • 2005
  • Observed field behaviors are frequently different from the behaviors predicted in the design state due to several uncertainties involved in soil properties, numerical modelling, and error of measuring system even though a sophisticated numerical analysis technique is applied to solve the consolidation behavior of drainage-installed soft deposits. In this study, genetic algorithms are applied to back-analyze the soil properties using the observed behavior of soft clay deposit composed of multi layers that shows complex consolidation characteristics. Utilizing the program, one might be able to appropriately predict the subsequent consolidation behavior from the measured data in an early stage of consolidation of multi layered soft deposits. Example analyses for drainage-installed multi-layered soft deposits are performed to examine the applicability of proposed back-analysis method.

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Assessement of Consolidation Characteristics by Field Instrumentation (현장계측사례를 통한 압밀특성 평가)

  • Song, Jeong-Rak;Baek, Seung-Hun;O, Da-Yeong
    • Proceedings of the Korean Geotechical Society Conference
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    • 1992.10a
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    • pp.121-130
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    • 1992
  • Assessement of comsolidation characteristics of soft soil is very important in the project of soft soil improvement. In the design step, the consolidation characteristics of soil is determined by the laboratory tests (typically oedometer test), generally. But there is big differences between the condition of laboratory test and the condition of field(in situ). the differences results in the considerable difference between the predicted and measured consolidation behavior. This article analyzed the consolidation data of the "SOFT SOIL IMPROVEMENT PROJECT of the 2nd Namdong Industrial Complex at Inchon". The project was improving the road way net work in the 2nd Namdong Industrial Complex by preloading and sand pile method. Field instrumentation was performed at 10 points which consist of pneumatic piezometers, magnetic probe extensometers, inclinometers and electronic dipmeter. The results showed that there is big difference in the laboratory predicted consolidation behavior and field consolidadion behavior. Also there was big difference in the settlement behavior and pore pressure behavior. This article investigated the above factors by comparing the settlement, pore pressure and strength at different conditions.onditions.

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A Study on Consolidation Characteristics in Marine Clay by Sand Drain (Sand Drain에 의한 점성토의 압밀 특성)

  • Chon, Yong-Baek;Gwak, Soo-Jeong
    • Journal of the Korean Society of Industry Convergence
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    • v.7 no.1
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    • pp.83-89
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    • 2004
  • The analysis about consolidation characteristic in soft clay has been depending one-dimension consolidation analysis. but, drain and undrain zone are explicated as homogeneous by consolidation behavior following consoli- dated settlementsoft in soft clay. 1) Established sand drain in soft clay in many types, and measured water content, unconfined compression strength, vertical stress, horizontal stress, vertical settlement, pore water pressure. 2) Arranged the result from the test and numerically explicated effective stress, total stress, and effective stress path at the drain and undrain zone. 3) We also analyzed and comparied elastic and elastic-plastic in soft clay using measured data. The result analyzed does not approach to a special theory, but, it is well in accord with the result of other investigator's study in the same condition.

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Experimental study on characteristics of sedimentation and consolidation for dredged clay in the west coastal of Korea (국내 서해안 준설토의 침강압밀특성에 관한 실험 연구)

  • Jun, Sang-Hyun;Yoo, Nam-Jae
    • Proceedings of the Korean Geotechical Society Conference
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    • 2009.03a
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    • pp.1190-1197
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    • 2009
  • Design parameters related to Yano's method(1984, 1985), one of experimental approaches having been used widely in Korea to estimate sedimentation and consolidation of dredged and reclaimed ground, were analyzed and their propriety were reassessed in this paper. Data analyses were performed on the basis of the settling test results using samples from the west coastal area of Korea. From analysis of results, for specific characteristics of these dredged and reclaimed marine soft clays, co-relations of initial water content - coefficient of sedimentation/ consolidation - initial setting velocity were evaluated. Relation between height of soil solid and surface height of slurry at the stages of initiation and termination of consolidation was also assessed. Finally ranges and average values of these design parameters were evaluated and typical empirical equations between these design parameters were also proposed.

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