• Title/Summary/Keyword: extensive margin

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Estimating Labor Supply Elasticity in Korea (노동공급 탄력성 추정)

  • Moon, Weh-Sol;Song, SungJu
    • Journal of Labour Economics
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    • v.39 no.2
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    • pp.35-51
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    • 2016
  • Using the Korea Labor and Income Panel Study (KLIPS) from 2000 to 2008, we estimate the Frisch elasticity of labor supply. Our point estimates of the intensive margin elasticity are around 0.23. The estimates are not sensitive to changes in household income and assets as well as changes in workweek regulation during the sample period that workers shall work for 5 days per week from Monday to Friday. We also estimate the extensive margin elasticity by considering labor market participation. We find that the point estimates at the extensive margin are greater than those at the intensive margin, but not statistically significant.

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The Impact of Trade Facilitation on the Extensive and Intensive Margins of Trade: An Application for Developing Countries

  • Lee, Hyo-Young;Kim, Chong-Sup
    • East Asian Economic Review
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    • v.16 no.1
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    • pp.67-96
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    • 2012
  • Previous literature has looked merely into the effect of trade facilitation on aggregate trade, or analyzed trade growth using the extensive and intensive margins. This paper blends these two lines of research for a detailed analysis of the impact of trade facilitation on trade by using highly disaggregated trade data and a more composite index for measuring trade facilitation, also taking into account the export sectors and income levels of countries. As a result, this paper finds that developing countries with higher trade facilitation levels export a wider range of products, especially primary goods. While trade facilitation levels do not have a statistically significant association with trade at the intensive margin in general, further analysis shows that the impact of advanced trade facilitation is the largest for lower middle-income countries in primary goods trade at the intensive margin, and the largest for upper middle-income countries in manufactured goods trade at the intensive margin. More importantly, our policy simulation results suggest that trade facilitation-related policy reforms enable developing countries to benefit from increased trade in manufactured goods at the extensive margin.

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The Role of Extensive and Intensive Margins in Korean Exports to China (우리나라 대중국 수출에서의 수출 집약도 및 다양도의 역할)

  • Lee, Siwook
    • KDI Journal of Economic Policy
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    • v.31 no.2
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    • pp.195-234
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    • 2009
  • This paper examines relative contributions of extensive margin and intensive margin of Korean exports growth to China after 1990s', based on an analytical approach proposed by the Hummels and Klenow(2005). In this paper, extensive margin is defined as a weighted count of Korean exports categories relative to the rest of world's export categories to China. On the other hand, intensive margin refers to Korean exports to China relative to the rest of the world's exports to China, exclusively in those product categories that Korea exports to China. According to the results of the analysis, the expansion of Korean exports to China was induced mainly by the increase of intensive margin. This result is consistent with $Besede{\check{s}}$ and Prusa(2007) as well as the Helpman, Melitz and Rubinstein(2007) who suggest that intensive margin is a more important factor than extensive margin for sustaining growth of export in the long term. In addition, this paper shows that the survival rates of exports of parts and components and capital goods is relatively higher in comparison to those of primary and consumption goods. This implies that the expansion of international division of labor under the global production network could substantially affect the survival of exports.

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The Dynamic Trade Effect of Korea's Free Trade Agreements: Extensive Margins of Trade (한국 자유무역협정의 동태적 교역효과 분석: 무역외연효과를 중심으로)

  • Jae-Wook Jung
    • Korea Trade Review
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    • v.48 no.1
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    • pp.307-329
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    • 2023
  • This paper studies how the free trade agreements (FTAs) have changed the dynamics of Korea's imports since 1996. Specifically, the dynamic regression analysis on the transition of trade liberalization discovers three main findings: (1) import values of Korea increase gradually as FTAs enter into force; (2) the extensive margins of import work as a major source of the trade effect in the transition episode of FTAs; (3) the extensive margins of import tend to increase even before FTAs enter into force. This noble forward-looking effect suggests some potential foreign exporters or exporting goods enter the Korean market, especially when FTAs negotiation starts. It supports the early entry behavior of potential exporters found in recent international trade literature.

Bilateral Trade Potential of IP Sensitive Products: A Comparative Study of India and China

  • Sharma, Ruchi;Jain, Arushi;Panda, Sidheswar
    • Asian Journal of Innovation and Policy
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    • v.11 no.1
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    • pp.69-86
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    • 2022
  • This study examines performances and varieties of export of IP sensitive products across emerging countries, namely, India and China by utilizing 6-digit disaggregated product-level export data. Further, this study constructs trade margins - extensive and intensive margins to understand trade potential and different trade patterns, specifically, exporters' productivity, product diversification, and volume of trade during 2007-2016. This study finds India's performance is comparable with China at the extensive margin though the gap between India and China is very wide in terms of the total value of exports and the intensive margin. China majorly exports more expensive electronics and manufacturing-related products as opposed to relatively cheaper medicinal and synthetic products, the total value of exports from China to the rest of the world is much higher than that of India. This study suggests that India is exporting IP-sensitive products to lower-income countries sufficiently, but the IP-sensitive exports to higher-income countries are still lagging.

Collapse response assessment of low-rise buildings with irregularities in plan

  • Manie, Salar;Moghadam, Abdoreza S.;Ghafory-Ashtiany, Mohsen
    • Earthquakes and Structures
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    • v.9 no.1
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    • pp.49-71
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    • 2015
  • The present paper aims at evaluating damage and collapse behavior of low-rise buildings with unidirectional mass irregularities in plan (torsional buildings). In previous earthquake events, such buildings have been exposed to extensive damages and even total collapse in some cases. To investigate the performance and collapse behavior of such buildings from probabilistic points of view, three-dimensional three and six-story reinforced concrete models with unidirectional mass eccentricities ranging from 0% to 30% and designed with modern seismic design code provisions specific to intermediate ductility class were subjected to nonlinear static as well as extensive nonlinear incremental dynamic analysis (IDA) under a set of far-field real ground motions containing 21 two-component records. Performance of each model was then examined by means of calculating conventional seismic design parameters including the response reduction (R), structural overstrength (${\Omega}$) and structural ductility (${\mu}$) factors, calculation of probability distribution of maximum inter-story drift responses in two orthogonal directions and calculation collapse margin ratio (CMR) as an indicator of performance. Results demonstrate that substantial differences exist between the behavior of regular and irregular buildings in terms of lateral load capacity and collapse margin ratio. Also, results indicate that current seismic design parameters could be non-conservative for buildings with high levels of plan eccentricity and such structures do not meet the target "life safety" performance level based on safety margin against collapse. The adverse effects of plan irregularity on collapse safety of structures are more pronounced as the number of stories increases.

Leaf Anatomy of Parkia clappertoniana Keay(Mimosaceae)

  • Oladele, F.A.;Fawole, M.O.;Bhat, R.B.
    • Journal of Plant Biology
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    • v.28 no.1
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    • pp.21-28
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    • 1985
  • The bipinnate-compound leaf of Parkia clappertoniana has prominent, long petiole with a pulvinal base. The pulvinus has wood, periderm, lenticels and extensive cortical layer. Its vascular bundles are elongated with alternating rays. The vascular bundles of the petiole, rachis and veins are oval, with conspicuous bundle caps. Stomatal complex is predominantly paracytic with occasional occurrence of anomocytic stomata near the midrib. The oval stomata have conspicuous stomatal ledges. Trichomes are unicellular, acicular and restricted to the rachis, petiole and pinnule mid-ribs and margin. Ecological and taxonomic significance of features is discussed.

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The Predictors and Clinical Impact of Positive Resection Margins on Frozen Section in Gastric Cancer Surgery

  • Kim, Se-Yeong;Hwang, Yoon-Sun;Sohn, Tae-Sung;Oh, Seung-Jong;Choi, Min-Gew;Noh, Jae-Hyung;Bae, Jae-Moon;Kim, Sung
    • Journal of Gastric Cancer
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    • v.12 no.2
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    • pp.113-119
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    • 2012
  • Purpose: The aim of this study is to compare the characteristics of tumor and prognosis, depending on the status of resection margin involvement, on the frozen section diagnosis in gastric cancer. Materials and Methods: This study was conducted retrospectively, in 83 margin-positive patients on the frozen section diagnosis, who underwent gastrectomy from July 1995 to September 2006. The control group was selected by matching the age, gender, TNM stage and status of adjuvant chemoradiotherapy, among those who had shown clear resection margins. The characteristics of tumor and patient survival are investigated, and they were analyzed between the two groups. Results: The tumor size was significantly larger in the study group than that of the control group (P=0.037). There was significant difference between the two groups in location of the tumors (P=0.003). Multivariate analysis indicated that only the location and Lauren's classification are independent factors, which affected the resection margin involvement. Median survival was $41.0{\pm}11.5$ months in the study group and $93.0{\pm}30.3$ months in the control group (P=0.049). In the survival analysis, it was investigated that TNM stage and the resection margin involvement of the frozen section diagnosis were the critical variables. Conclusions: When the tumor is located at the middle or the upper third, or the Lauren's indeterminate type, they are highly likely to show the resection margin involvement on the frozen section diagnosis, and it can, therefore, have negative effects on the prognosis. It is considered as good to perform more extensive resection as possible, during the initial resection.

Application of an Adaptive Autopilot Design and Stability Analysis to an Anti-Ship Missile

  • Han, Kwang-Ho;Sung, Jae-Min;Kim, Byoung-Soo
    • International Journal of Aeronautical and Space Sciences
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    • v.12 no.1
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    • pp.78-83
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    • 2011
  • Traditional autopilot design requires an accurate aerodynamic model and relies on a gain schedule to account for system nonlinearities. This paper presents the control architecture applied to a dynamic model inversion at a single flight condition with an on-line neural network (NN) in order to regulate errors caused by approximate inversion. This eliminates the need for an extensive design process and accurate aerodynamic data. The simulation results using a developed full nonlinear 6 degree of freedom model are presented. This paper also presents the stability evaluation for control systems to which NNs were applied. Although feedback can accommodate uncertainty to meet system performance specifications, uncertainty can also affect the stability of the control system. The importance of robustness has long been recognized and stability margins were developed to quantify it. However, the traditional stability margin techniques based on linear control theory can not be applied to control systems upon which a representative non-linear control method, such as NNs, has been applied. This paper presents an alternative stability margin technique for NNs applied to control systems based on the system responses to an inserted gain multiplier or time delay element.

Performance Enhancement of a Low Speed Axial Compressor Utilizing Simultaneous Tip Injection and Casing Treatment of Groove Type

  • Taghavi-Zenouz, Reza;Behbahani, Mohammad Hosein Ababaf
    • International Journal of Aeronautical and Space Sciences
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    • v.18 no.1
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    • pp.91-98
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    • 2017
  • Performance of a low speed axial compressor is enhanced through a proper configuration of blade row tip injection and casing treatment of groove type. Air injectors were mounted evenly spaced upstream of the blade row within the casing groove and were all aligned parallel to the compressor axis. The groove, which covers all the blade tip chord length, extends all-round the casing circumference. Method of investigation is based on solution of the unsteady form of the Navier-Stokes equations utilizing $k-{\omega}$ SST turbulence model. Extensive parametric studies have been carried out to explore effects of injectors' flow momentums and yaw angles on compressor performance, while being run at different throttle valve setting. Emphasis has been focused on situations near to stall condition. Unsteady numerical analyses for untreated casing and no-injection case for near stall condition provided to discover two well-known criteria for spike stall inception, i.e., blade leading edge spillage and trailing edge back-flow. Final results showed that with only 6 injectors mounted axially in the casing groove and at yaw angle of 15 degrees opposite the direction of the blade row rotation, with a total mass flow rate of only 0.5% of the compressor main flow, surprisingly, the stall margin improves by 15.5%.