• Journal of Distribution Science
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• v.11 no.10
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• pp.73-79
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• 2013

Purpose - This study examines the impact of oil price volatility on economic activities in Korea. The new millennium has seen a deregulation in the crude oil market, which invited immense capital inflow into Korea. It has also raised oil price levels and volatility. Drawing on the recent theoretical literature that emphasizes the role of volatility, this paper attends to the asymmetric changes in economic growth in response to the oil price movement. This study further examines several key macroeconomic variables, such as interest rate, production, and inflation. We come to the conclusion that oil price volatility can, in some part, explain the structural changes. Research design, data, and methodology - We use two methodological frameworks in this study. First, in regards to the oil price uncertainty, we use an Exponential-GARCH (Exponential Generalized Autoregressive Conditional Heteroskedasticity: EGARCH) model estimate to elucidate the asymmetric effect of oil price shock on the conditional oil price volatility. Second, along with the estimation of the conditional volatility by the EGARCH model, we use the estimates in a VECM (Vector Error Correction Model). The study thus examines the dynamic impacts of oil price volatility on industrial production, price levels, and monetary policy responses. We also approximate the monetary policy function by the yield of monetary stabilization bond. The data collected for the study ranges from 1990: M1 to 2013: M7. In the VECM analysis section, the time span is split into two sub-periods; one from 1990 to 1999, and another from 2000 to 2013, due to the U.S. CFTC (Commodity Futures Trading Commission) deregulation on the crude oil futures that became effective in 2000. This paper intends to probe the relationship between oil price uncertainty and macroeconomic variables since the structural change in the oil market became effective. Results and Conclusions - The dynamic impulse response functions obtained from the VECM show a prolonged dampening effect of oil price volatility shock on the industrial production across all sub-periods. We also find that inflation measured by CPI rises by one standard deviation shock in response to oil price uncertainty, and lasts for the ensuing period. In addition, the impulse response functions allude that South Korea practices an expansionary monetary policy in response to oil price shocks, which stems from oil price uncertainty. Moreover, a comparison of the results of the dynamic impulse response functions from the two sub-periods suggests that the dynamic relationships have strengthened since 2000. Specifically, the results are most drastic in terms of industrial production; the impact of oil price volatility shocks has more than doubled from the year 2000 onwards. These results again indicate that the relationships between crude oil price uncertainty and Korean macroeconomic activities have been strengthened since the year2000, which resulted in a structural change in the crude oil market due to the deregulation of the crude oil futures.

• Journal of the Society of Disaster Information
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• v.16 no.1
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• pp.133-143
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• 2020

Purpose: This study aims to derive a predictive empirical equation for PGV prediction from P-wave using earthquake records in Korea and to verify the reliability of Onsite EEW. Method: The noise of P wave is removed from the observations of 627 seismic events in Korea to derive an empirical equation with PGV on the base rock, and reliability of Onsite alarms is verified from comparing PGV's predictions and observations through simulation using the empirical equation. Result: P-waves were extracted using the Filter Picker from earthquake observation records that eliminated noises, a linear regression with PGV was used to derive a predictive empirical equation for Onsite EEW. Through the on-site warning simulation we could get a success rate of 80% within the MMI±1 error range above MMI IV or higher. Conclusion: Through this study, the design feasibility and performance of Onsite EEWS using domestic earthquake records were verified. In order to increase validity, additional medium-sized seismic observations from abroad are required, the mis-detection of P waves is controlled, and the effect of seismic amplification on the surface is required.

• Journal of Korean Society of Transportation
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• v.27 no.6
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• pp.79-88
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• 2009

The objective of this study is to develop the new vehicle classification algorithm and minimize classification errors. The existing vehicle classification algorithm collects data from loop and piezo sensors according to the specification("Vehicle classification guide for traffic volume survey" 2006) given by the Ministry of Land, Transport and Maritime Affairs. The new vehicle classification system collects the vehicle length, distance between axles, axle type, wheel-base and tire type to minimize classification error. The main difference of new system is the "Wandering" sensor which is capable of measuring the wheel-base and tire type(single or dual). The wandering sensor obtains the wheel-base and tire type by detecting both left and right tire imprint. Verification tests were completed with the total traffic volume of 762,420 vehicles in a month for the new vehicle classification algorithm. Among them, 47 vehicles(0.006%) were not classified within 12 vehicle types. This results proves very high level of classification accuracy for the new system. Using the new vehicle classification algorithm will improve the accuracy and it can be broadly applicable to the road planning, design, and management. It can also upgrade the level of traffic research for the road and transportation infrastructure.

• Fire Science and Engineering
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• v.31 no.6
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• pp.53-59
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• 2017

The purpose of this study is to verify the suitability of the current standards by predicting the density of the occupant load density for discount stores. An internal data survey as well as an actual survey using a People Counting System (PCS) were employed to ascertain the number of occupants and 95% confidence interval of nationwide discount stores. According to the results of the actual survey, the time and days on which the maximum number of occupants were reached was from 16:00 to 18:00 and Christmas Eve and the weekend before New Year's Day, respectively. From the results of the maximum number of occupants, a regression equation was derived from the relationship between the internal data and the amount of sales, and this equation was verified in a previous study. Thus, the internal data of 50 discount stores were analyzed using this process. As a result, the 95% confidence interval was determined to be $2.7{\sim}2.9m^2/pers.$ and the error level was not large compared to the domestic and foreign standards. Therefore, this study proposes that a conservative estimate of the standard occupant load density for discount stores is $2.7m^2/pers.$

• Journal of Energy Engineering
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• v.24 no.4
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• pp.124-129
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• 2015

An experimental study was performed estimating COP(Coefficient of Performance) of air-conditioning cycle using inverter scroll compressor with and without $Al_2O_3$ nano particle. All experiments were done for various compressor speeds from 1000~4000 rpm and used the inverter controller called CANDY to change the compressor rpm. The air-conditioning cycle components in the apparatus were used as same with components of YF hybrid car. To estimate the COP, this study measured the temperature and pressure at inlets and outlets of compressor, condenser, and evaporator. And also measured the compressor input power using Powermeter. Through the experiments, the maximum error to estimate COP was shown about ${\pm}6.09%$ at 3500rpm. The COP of refrigeration cycle with $Al_2O_3$ nano-particle was similar with that of the base cycle without nano-particle between 1000~3000 rpm of the compressor speed. But, This study showed that the COP of the cycle with $Al_2O_3$ over 3000 rpm of the compressor speed was higher than that of the base cycle due to the higher heat transfer rate increased in the evaporator from the higher oil flow rate inside the cycle as well known. Those results can be used the basic and fundamental data to design the air-conditioning cycle using inverter scroll compressor with $Al_2O_3$ nano particle.

• Journal of the Korean GEO-environmental Society
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• v.6 no.3
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• pp.25-34
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• 2005

The governing design point of shallow foundation is not its bearing capacity but its settlemen and N-value by the SPT is one of the key parameters for settlement estimation. However, if the N-value is more than 50/30, such as 50/10 or 50/20, the N-vlaues are not blow count of 30cm depth penetration. In these cases, the estimated settlements have big difference with the measured values because the applied maximum N value for the settlement estimation is 50. Therefore, in this study, the modified method for N-value estimation is suggested. The settlements by four methods, which are based on Elastic Theory with application of modified N-value, are compared with the Origina Plate Load Test data. The same comparision was carried out with another seven Empirical Methods. The result of this study showed that the error range of settlement is decreased from 260.4~2136.5% to 20.3~272.7%. Among four methods which are based on Elastic Theory, the original method by Elastic Theory is the most accurate with the application of modified N-value. Among Empirical Methods, Terzaghi-Peck's(1948, 1967) modified method 1 is the most accurate with the application of modified N-value. The differences between the original method by Elastic Theory and Terzaghi-Peck's(1948, 1967) modified method 1 are neglectable.

• The Journal of Korean Institute of Communications and Information Sciences
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• v.30 no.10C
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• pp.1017-1026
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• 2005

In burst OFDM system, the frame synchronization should be performed first for the acquisition of received frame and the estimation of the correct FFT-window position. The conventional frame synchronization algorithms using design features of the preamble symbol, the repetition pattern of the OFDM symbol by pilot sub-carrier allocation rule and Cyclic Prefix(CP), has difficulty in the detection of precise frame timing because its correlation characteristics would increase and decrease gradually. Also, the algorithm based on the correlation between the reference signal and the received signal has performance degradation due to frequency offset. Therefore, we adopt a differential correlation method that is robust to frequency offset and has the clear peak value at the correct frame timing for frame synchronization. However, performance improvement is essential for differential correlation methods, since it usually shows multiple peak values due to the repetition pattern. In this paper, we propose an enhanced frame synchronization algorithm based on the differential correlation method that shows a clear single peak value by using differential correlation between samples of identical repeating pattern. We also introduce a normalization scheme which normalizes the result of differential correlation with signal power to reduce the frame timing error in the high speed mobile channel environments.

• Journal of the Korea Society of Computer and Information
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• v.17 no.4
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• pp.1-9
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• 2012

As we are turnning into the aged society, accidents by falling down are increasing in the aged people's group. In this paper, we design the system with the 3-Axis acceleration sensor which is composed by a single chip. The body activity signal is measured with the signal detector and RF communicator in this proposed system and the and falling by the entering signal pattern analysis with 3-Axis acceleration sensor. For the RF communication, we are using nRF24L01p and 8bits ATmega uC for the processor. The error of energy expenditure estimation between motor driven treadmill and proposed a body activity module was 7.8% respectively. Human activities and falling is monitored according to analyze and judge the critical value of the Signal Vector. as falled down if they don't turn off the alarm after specific period and the aged person's after falling down activities are their position and more.

• Korean Journal of Optics and Photonics
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• v.16 no.3
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• pp.248-253
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• 2005

We designed and fabricated a compact multi-mode interference (MMI) wavelength demultiplexer using the concept of 'Improved Quasi-State' modes. The output power and extinction ratio were improved by utilizing modal phase error which is specially occurred in low-index contrast. For a designed demultiplexer, the mode propagation analysis with effective index approximation shows significant improvement of extinction ratio to -25 dB for both $1.31{\mu}m\;and\;1.51{\mu}m$ wavelength region and the split-length was reduced about 1/5 of other MMI devices. The fabricated device shows successful characteristics for both 1.31 and $1.55{\mu}m$ wavelengths. These results demonstrate the potential of low-index materials system and the embossing process for photonic integrated circuits.

• Journal of Korea Water Resources Association
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• v.46 no.12
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• pp.1221-1234
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• 2013

The purpose of this study is to suggest the methodology for the computation of uplift pressure and discharge of the seepage flow under gravity dam. A 3-dimensional FDM model is developed for this purpose and this model can simulate the saturated Darcian flow in heterogeneous media. For the verification of the numeric model, test simulation has been executed and the mass balance has been checked. The error does not exceed 3%. Using the developed model, The uplift pressure and seepage flow discharge under gravity dam has been calculated. The uplift pressure shows the similar pattern, comparing with the result of flow-net method. As the length of grout curtain increases, the uplift pressure decreases linearly, but the seepage flow discharge shows the non-linear decreasing pattern. The coefficients of the formulas in the dam-design criteria have been analysed, and ${\alpha}=1/3$ corresponds to the value when the length of curtain grout is 70% of the aquifer height. The uplift pressure near the pressure relief drain has the big curvature vertically and horizontally. The developed model in this study can be used for the evaluation of the effects of seepage flow under gravity dam.