• Title/Summary/Keyword: economic base

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Base Metal's Price Hike and Chinese Economic Growth (Base Metal 가격상승과 중국의 경제성장)

  • Lee, Hyun-Bock
    • Economic and Environmental Geology
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    • v.43 no.5
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    • pp.523-528
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    • 2010
  • With the financial crisis from USA had negative impacts on the real economy, base metals price on LME was downward in 4 quarter of 2008. Following the deepest global downturn in recent history, economic growth solidified and broadened to advanced countries and simultaneously the price of base metal on LME showed a rising curve over 2009. There are three factors supported an upward tendency of base metal's price. The First factor is the US economy recovery, the second factor is the weak dollar, the third factor is the chinese base metal demand. Among the factors, the last one is a major factor. Therefore, this study analyze the factor of the movement of price of base metal with linear regression analysis. The result of analysis show that the chinese GDP growth has effect on the recent upward base metal price. Despite the result, the upward movement is difficult to be sustained without the full recovery of advanced economies.

Growth and Impact Analysis of Nonemployment Income as an Urban Economic Base -The case study of U.S. Arizona State- (도시경제기반으로서의 비고용소득 성장과 영향분석 - 미국 아리조나주의 경우 -)

  • 김학훈
    • Journal of the Korean Regional Science Association
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    • v.9 no.2
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    • pp.27-40
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    • 1993
  • Most studies on regional economic impact have utilized employment or employment income data. Recently, a few scholars have noticed the importance of nonemployment income sources in urban economies. Using decennial census data on Arizona towns from 1970 to 1990, this paper first examines the increasing importance of nonempolyment income sources in urban economies and the associations of nonemployment income sources with elderly population and metropolitan location. Then, this paper investigates the impact of nonemployment income on urban growth in the framework of economic base model. The regression results show that the impact of nonemployment income is significant in the increase of nonbasic income and becomes greater over time, and that the impact of transfer over time, and that the impact of transfer income on nonbasic income of transfer income on nonbasic income is stronger in smaller towns and the impact of investment income is stronger in larger towns.

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Nonlinear semi-active/passive retrofit design evaluation using incremental dynamic analysis

  • Rodgers, Geoffrey W.;Chase, J. Geoffrey;Roland, Thomas;Macrae, Gregory A.;Zhou, Cong
    • Earthquakes and Structures
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    • v.22 no.2
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    • pp.109-120
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    • 2022
  • Older or damaged structures can require significant retrofit to ensure they perform well in subsequent earthquakes. Supplemental damping devices are used to achieve this goal, but increase base shear forces, foundation demand, and cost. Displacement reduction without increasing base shear is possible using novel semi-active and recently-created passive devices, which offer energy dissipation in selected quadrants of the force-displacement response. Combining these devices with large, strictly passive energy dissipation devices can offer greater, yet customized response reductions. Supplemental damping to reduce response without increasing base shear enables a net-zero base shear approach. This study evaluates this concept using two incremental dynamic analyses (IDAs) to show displacement reductions up to 40% without increasing base shear, more than would be achieved for either device alone, significantly reducing the risk of response exceeding the unaltered structural case. IDA results lead to direct calculation of reductions in risk and annualized economic cost for adding these devices using this net-zero concept, thus quantifying the trade-off. The overall device assessment and risk analysis method presented provides a generalizable proof-of-concept approach, and provides a framework for assessing the impact and economic cost-benefit of using modern supplemental energy dissipation devices.

Economical Approach to Optimal Spectrum Operation in Mobile Networks (경제성을 고려한 이동통신망의 최적 주파수 운용 방안)

  • Yang, Won-Seok
    • Korean Management Science Review
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    • v.27 no.2
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    • pp.21-29
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    • 2010
  • We consider an economic approach for spectrum operations in mobile networks. We present the investment function of base stations according to the number of FAs assuming the linearity of cell splitting. We show that there is an economic amount of spectrum which corresponds to the optimal number of FAs that minimizes the investment. We analyze the impact of the cost structure and the traffic distribution in base stations on the economic amount of spectrum. This paper is applicable to an economic spectrum operation for mobile operators. In addition, the national regulatory authority can use the economic amount of spectrum as the minimal amount for spectrum allocation.

Retrofitting of vulnerable RC structures by base isolation technique

  • Islam, A.B.M. Saiful;Jumaat, Mohd Zamin;Ahmmad, Rasel;Darain, Kh. Mahfuz ud
    • Earthquakes and Structures
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    • v.9 no.3
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    • pp.603-623
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    • 2015
  • The scale and nature of the recent earthquakes in the world and the related earthquake disaster index coerce the concerned community to become anxious about it. Therefore, it is crucial that seismic lateral load effect will be appropriately considered in structural design. Application of seismic isolation system stands as a consistent alternative against this hazard. The objective of the study is to evaluate the structural and economic feasibility of reinforced concrete (RC) buildings with base isolation located in medium risk seismic region. Linear and nonlinear dynamic analyses as well as linear static analysis under site-specific bi-directional seismic excitation have been carried out for both fixed based (FB) and base isolated (BI) buildings in the present study. The superstructure and base of buildings are modeled in a 3D finite element model by consistent mass approach having six degrees of freedom at each node. The floor slabs are simulated as rigid diaphragms. Lead rubber bearing (LRB) and High damping rubber bearing (HDRB) are used as isolation device. Change of structural behaviors and savings in construction costing are evaluated. The study shows that for low to medium rise buildings, isolators can reduce muscular amount of base shears, base moments and floor accelerations for building at soft to medium stiff soil. Allowable higher horizontal displacement induces structural flexibility. Though incorporating isolator increases the outlay, overall structural cost may be reduced. The application of base isolation system confirms a potential to be used as a viable solution in economic building design.

Monetary Regionalism and North-east Asian Economic Base (동북아 경제중심에 대한 금융적 지역주의 접근)

  • 박석근
    • Journal of Korea Port Economic Association
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    • v.19 no.2
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    • pp.177-202
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    • 2003
  • Balassian Approach of regional economic integration has been mainly aimed at improving conditions for regional trade since 1960s. After the financial crises of the late 1990s, however, the theoretical approach to regional integration will have to be a different one as regionalism have to offer enhanced protection against crises. The aim of this paper, above all, is to provide a theoretical framework for the emerging new monetary regionalism. Regions that wish to strengthen their co-operation in monetary and financial affairs today have the option of monetary regionalism without trade agreement. East Asian region will become an increasingly important domain within which to explore enhanced protection against financial crises. And as Korea seems to play a crucial role in building regional integration among ASEAN+3(Korea, China and Japan) countries, alternative policy for Korean economy to be the North-east Asian Economic Base need to be schemed on the basis of Balassian as well as monetary regionalism.

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Cross-border Relationship Analysis Between Base Interest Rates and Construction Investment (국경을 넘어선 기준금리와 건설투자 간의 관계 분석)

  • Kim, Toseung;Lee, Hyeon-soo;Park, Moonseo
    • Journal of the Architectural Institute of Korea Structure & Construction
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    • v.35 no.1
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    • pp.47-56
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    • 2019
  • As the zero interest rate era was over with the end of quantitative easing, the economy of several global markets observed the fluctuations of the base interest rate. Interest rate, which is the change of money value with respect to time, is negatively correlated with construction investment. Considering the characteristics of interest rates and construction investment as economic variables, the necessity of cross-border analysis between base interest rate and construction investment was suggested in this paper. Cross-correlation analysis between base interest rates and construction investment crossing the border was performed. The effective correlations were confirmed with values varying by countries. Similar characteristics were also observed among countries with similar economy, which were then divided into three groups. Additionally, identifying the base interest rate that affects the construction investment of a particular country was made possible by reflecting a self-cycle of base interest rates. Lastly, from the result of examining the influence of each rise and fall of the interest rate, it was verified that the difference was more than twice as large in some countries. These results are expected to contribute to construction-related policy makers or investors to make decisions in response to the economic status of the construction market.

An Estimation of Economic Base Multipliers of Rural Centers (농촌중심지의 경제기반승수 추정)

  • Kim, Hak-Hoon
    • Journal of the Korean Regional Science Association
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    • v.35 no.4
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    • pp.3-18
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    • 2019
  • This study estimates the levels of the basic and nonbasic activities in five rural centers in Cheongwon County by using the direct survey method and indirect non-survey methods. The economic base multipliers obtained through direct survey method and indirect non-survey methods are compared to find out the advantages and disadvantages of the estimation methods. There are some limitations in applying non-survey methods for economic base estimation. It is found that, among three non-survey methods, multipliers obtained through minimum requirements method are better than other two methods in terms of the theoretical assumption. However, if we use direct survey data and in-commuter/out-commuter data, we can obtain more accurate multiplier estimates.

A Study on the Cosmetics Purchasing Behavior According to the 20-30 Year Old Men's Life Style (20대-30대 남성들의 라이프스타일에 따른 화장품 구매행동)

  • Lee Mun-Young;Kim Yong-Sook
    • Journal of the Korean Society of Costume
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    • v.56 no.1 s.100
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    • pp.56-69
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    • 2006
  • The purposes of this study were to identify cosmetics purchasing behavior according the 20-30 year old men's lifestyle. The results were as follows; 1. The factors of men's lifestyle were sense of fashion, participation of social activities, use of web-based information, sense of androgyny, economical efficiency, provision of web-base information, sport activities, and pursuit of change, and they were segmented into a passive stagnant group, a economic web-base information utilizing group, a positive social activity participation group, and a sensitive appearance change pursuit group. 2. Passive stagnant group used less information sources patronized cosmetics specialty store, did not select their cosmetics by themselves, and spent less for their cosmetics. Economic web-base information utilizing group used information sources positively, patronized cosmetics discount store or internet shopping, and spent less for cosmetics. Positive social activity participation group patronized cosmetics specialty store or discount store, but did not select cosmetics by themselves. Sensitive appearance change pursuit group patronized department store or internet shopping for cosmetics, selected cosmetics by themselves, and spent more. 3. Passive stagnant group showed a tendency of older, less educated, and lower incomes, but economic web-base information utilizing group were among the age of 20's, lower educated, and the unmarried with average incomes. Positive social activity participation group showed a tendency of older, highly educated, and the married with jobs, but sensitive appearance change pursuit group were among the age of 20's and university students with more incomes and pocket money.

Static and Dynamic Tests on Laminated Rubber Bearings (적층(積層)고무받침의 정적(靜的) 및 동적(動的) 특성실험(特性實驗))

  • Kim, Nam Sik;Lee, Dong Guen
    • KSCE Journal of Civil and Environmental Engineering Research
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    • v.13 no.2
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    • pp.85-93
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    • 1993
  • Base isolation systems are economic and efficient for the control of structural vibration. In this study, the base isolators of LRB(laminated rubber bearing) type which have been generally used are fabricated and tested. From the static and dynamic tests, the characteristics of the base isolators, considering strain-hardening, hysteretic damping and horizontal stiffnesses, etc., are verified and particularly the feasibility as base isolation devices is discussed. Consequently, the test results are compared with the analytical ones that are derived from idealization as a bilinear model.

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