• The Journal of Asian Finance, Economics and Business
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• 제8권3호
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• pp.1171-1180
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• 2021

This study aims to investigate the impact of the multimarket contract on risk-adjusted profitability. Risk-adjusted profitability is measured in terms of risk-adjusted return on assets. This study employs dynamic panel data of 27 commercial banks in Vietnam using the GMM estimator to test the multimarket contact hypothesis in the Vietnamese banking sector. The results show that there is a negative impact of multimarket contact on the profitability of banks. Multimarket contact, deposit to asset ratio, non-interest income to total income, GDP growth rate, Worldwide Governance Indicator (WGI), and operating cost to assets are the major determinants of risk-adjusted profitability of commercial banks. Our main findings show that Vietnamese banks' focus to increase the multimarket contact may lead to lower profitability and there is evidence that supports theory predictions, since the average number of contacts among banks, bank size, and capitalization are positively related to risk-adjusted profitability. The study has policy implications for commercial banks in that they should not only focus on interest as a source of income and diversify their income source from non-interest income as well since it helps to improve risk-adjusted profitability for them.

• Nuclear Engineering and Technology
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• 제54권5호
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• pp.1664-1673
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• 2022

Achieving sustainable development requires an increasing share of green technologies. World energy demand is expected to rise significantly especially in developing economies. The increasing energy demands will be entertained with conventional energy sources at the cost of higher emissions unless eco-friendly technologies are used. This study examines the asymmetric effects of nuclear energy on carbon emissions for Pakistan from 1974 to 2019. Augmented Dickey-Fuller (ADF) and Phillips Perron (PP) unit root tests suggest that variables are integrated of order one and bound test of Autoregressive Distributed Lag (ARDL) and nonlinear ARDL confirm a long-run relationship among selected variables. The ARDL, Fully Modified Ordinary Least Squares (FMOLS), and Dynamic Ordinary Least Squares (DOLS) results show that the coefficient of nuclear energy has a negative and significant impact on emissions in both short and long run. Further, the NARDL finding shows that there exists an asymmetric long-run association between nuclear energy and CO₂ emissions. The vector error correction method (VECM) results indicate that there exists a bidirectional causal relationship between nuclear energy and carbon emissions in both the short and long run. Additionally, the impact of nuclear energy on ecological footprint has been examined and our findings remain robust.

• The Journal of Asian Finance, Economics and Business
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• 제9권1호
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• pp.189-201
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• 2022

The study empirically examines the impact of monetary fundamentals along with global oil prices on the Pak-rupee exchange rate using the monthly data over 2001-2020. Employing the cointegrating vector autoregressive with exogenous variables (VARX) and vector error correction model with exogenous variables (VECMX), the study analyzes the impact of domestic monetary fundamentals while considering the foreign variables as weakly exogenous. In order to account for the structural breaks in the data, the Lagrange multiplier (LM) unit root test with two structural breaks has been used (Lee & Strazicich, 2003). The empirical results reveal that the domestic and foreign monetary variables significantly explain the exchange rate movements in Pakistan both in the long run and in the short run. The dynamic properties of the monetary model of exchange rate have been analyzed using the persistence profile analysis and generalized impulse response functions (GIRFs). The results reveal that the responses of shocks to domestic monetary fundamentals are consistent with the predictions of the monetary model of the exchange rate. Furthermore, being a net oil importer, a rise in global oil prices significantly depreciated the Pak-rupee exchange rate over the period of study. The global financial crisis (GFC) and pandemic (COVID-19) were also found to cause the Pak-rupee exchange rate depreciation.

• Advances in nano research
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• 제14권6호
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• pp.541-555
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• 2023

The extensive use of polymeric matrix composites in the athletic sector may be attributed to its high strength-to-weight ratio, production economy, and a longer lifespan than conventional materials. This study explored the impact of carbon nanotubes on the properties of different composite field sports equipment components. The test specimens were fabricated using the compression molding technique. The insertion of carbon nanotubes increases mechanical properties related to the process parameters to account for an improvement in the stick sections' overall performance. The dynamic response of functionally graded reinforced nanocomposite wire structure is examined in this paper on the bases of high-order hyperbolic beam theory lined to the size-dependent nonclassical nonlocal theory under the external mechanical load due to the physical activities. Finally, the impact of different parameters on the stability of nanocomposite structures is discussed in detail.

• 항공우주시스템공학회지
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• 제13권5호
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• pp.94-101
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• 2019

복합재료 반사판 안테나의 전개 특성을 해석 모델을 통하여 살펴보고 실험을 통하여 검증하고자 한다. 두 개의 회전 자유도를 가지며 스프링의 탄성 에너지에 의해 작동되는, 전개 메커니즘을 기반으로 반사판 안테나의 동역학적 해석 모델을 수립하였다. 유연 다물체 동역학 해석 프로그램인 ADAMS를 이용하여 패널의 전개 속도, 구조 변형 그리고 충격력을 분석하였다. 중력보상 장치를 이용하여 탄소섬유 강화 플라스틱(CFRP)으로 제작된 안테나 패널의 전개거동 특성을 실험적으로 검증/분석하였다. 안테나 패널이 전개되는 동안 발생하는 충격 응답 및 진동 문제를 확인하고, 댐퍼를 이용하여 안정적으로 전개가 됨을 확인하였다.

• 한국철도학회:학술대회논문집
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• 한국철도학회 2011년도 정기총회 및 추계학술대회 논문집
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• pp.2464-2472
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• 2011

열차주행이 고속화 되고 콘크리트궤도가 건설되고 있는 가운데 레일 체결장치는 저탄성화로 전달하중, 소음, 진동 등을 저감 하려는 추세이다. 따라서 저탄성패드의 적용은 궤도전체의 내구성과 안정성에 미치는 영향이 크다고 할 수 있다. 본 연구에서는 선행연구에서 다룬 패드스프링계수별 정적해석과 실물반복재하시험에 이어 동적응답해석을 추가적으로 수행하였다. 열차바퀴를 실물로 모델링하여 레일위에서 직접 주행시킴으로서 이 때 발생하는 궤도각부의 변형특성을 비교 분석하여 저탄성패드의 스프링계수에 따라 노반으로 전달되는 하중의 저감 효과를 검토하였다.

• 대한토목학회논문집
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• 제31권2A호
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• pp.71-77
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• 2011

본 논문은 고체의 동적 탄소성해석을 수행하기 위해 인장불안정이 제거된 SPH기법을 사용하였다. 인장불안정은 SPH 입자들이 인장력에 의해 서로 떨어져나가는 해석적 오류현상이며, 재료적 특성에 따라 해석결과에 큰 영향을 미치게 된다. 이와 같은 인장불안정을 제어하기 위한 방법으로 본 연구에서는 가상응력의 개념을 적용하였다. 본 연구에서 제시한 SPH에 의해 해석예제를 수행하여 해석법의 효율성을 검증하였으며, 해석예제로 원형 링의 충돌문제와, 절단, 균열과 같은 재료적 파괴문제를 수행하였다.

• 한국전산구조공학회논문집
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• 제28권6호
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• pp.607-614
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• 2015

본 논문에서는 전통 목조건축물로 되어 있는 대한민국의 국보 1호인 숭례문의 구조해석을 수행하고 안전도를 평가하였다. 전통 목조건축의 대부분의 하중을 차지하고 있는 숭례문의 지붕하중을 상세히 산정하고 숭례문의 가구구성 특징을 면밀히 살펴 범용 구조해석 소프트웨어인 midas Gen으로 구조해석모델을 구축하였다. 수직하중에 대한 정적구조해석을 수행하고 주요 수직 수평 구조부재의 안전성과 주요 수평부재의 사용성을 평가하였다. 숭례문의 동적거동특성을 평가하기 위하여 현장에서의 충격해머실험과 구조해석 소프트웨어를 이용한 고유치해석을 수행하고 그 결과를 비교하고 주요모드를 도출하였다. 수직하중에 대한 검토결과 숭례문은 구조적 능력에 여유가 있는 것으로 나타났다.

• The Journal of Asian Finance, Economics and Business
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• 제6권4호
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• pp.139-145
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• 2019

This study examines the dynamic linkages between food price inflation and its volatility in the context of Sri Lanka. The empirical evidence derived from the monthly data for the period from 2003M1 to 2017M12 for Sri Lanka. The relationship between inflation rate and inflation volatility has attracted more attention by theoretical and empirical macroeconomists. Empirical studies on the relationship between food inflation and food inflation variability is scarce in the literature. Food price inflation is defined as log difference of food price series. The volatility of a food price inflation is measured by conditional variance generated by the FIGARCH model. Preliminary analysis showed that food inflation is stationary series. Granger causality test reveals that food inflation seems to exert positive impact on inflation variability. We find no evidence for inflation uncertainty affecting food inflation rates. Hence, the findings of the study supports the Friedman-Ball hypothesis in both cases of consumer food price inflation and wholesale food price inflation. This implies that past information on food inflation can help improve the one-step-ahead prediction of food inflation variability but not vice versa. Our results have some important policy implications for the design of monetary policy, food policy thereby promoting macroeconomic stability.

• 대한기계학회:학술대회논문집
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• 대한기계학회 2002년도 학술대회지
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• pp.799-802
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• 2002

Korea Aerospace Research Institute has been developing a 50-meter class airship to demonstrate the technology to be used in the development of a stratospheric airship, and importance of accurate prediction of the dynamic behavior of an airship before flight test is widely conceived. The added mass has large impact on the dynamic characteristics of an airship unlike for an airplane and the added mass of the airship with empennage is predicted in this paper. At first, the usability of the strip theory is examined which integrates the analytic two dimensional results in the cross section along the longitudinal axis. A panel method with the surface distribution of sources is developed and its validity is also examined. Finally, the panel method with both source and doublet distributions is implemented, and it is validated and applied for the calculation of the added mass of a 50-meter class airship. Using the methods developed, the influence of empennage and control surface deflection on the added mass property of the airship is studied.