• Journal of Korea Technology Innovation Society
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• v.21 no.2
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• pp.663-683
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• 2018

This study aims to analyze the effectiveness of R&D tax credit for SMEs. We surveyed to collect the information on firm's financial statements and R&D tax credit during 2014-2016, and implemented fixed effect model, random effect model and panel negative binomial model. The results show that the effect of R&D tax credit is 5.3 times larger in terms of R&D expenditure and 4.3 times bigger in terms of number of researchers than that of R&D subsidy. In addition, the effect of tax credit on non-metropolitan area companies is higher than that in the metropolitan area. Based on these results, we suggests three ways to improve the R&D tax incentive system for SMEs; To convert unused R&D tax credit of the start-ups to tax points, to exempt the minimum tax rate on R&D expenditure in equipment, and to unify the operation of various R&D tax credit institution.

• Journal of the Korean Data and Information Science Society
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• v.22 no.1
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• pp.73-80
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• 2011

The purpose of this study is to analyse the influence of product portfolio and interest rate on the lapse ratio. This issue is very important because of the recent introduction of IFRS and CFP. The fixed-effect model and the random-effect model are estimated with using panel data and the Hausman test is employed in order to select a model. The results of this study is summarized as follows. Firstly, the random effect model is selected. According to the model, the lapse rate increases as the portfolio of savings plan, sickness, and death increases and the interest rate is high. Secondly, health insurance and variable insurance product show a negative relationship with the lapse rate.

• Journal of the Chungcheong Mathematical Society
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• v.20 no.3
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• pp.231-243
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• 2007

In this paper, we study a Lotka-Volterra type simple food chain model. We investigate the positive coexistence of the steady states to the model and give some results for the extinction of species under certain assumptions which can be interpreted as Domino effect and Biological control. The methods of a decoupling operator and the fixed point index theory on a positive cone are used as well as the comparison argument. Numerical evidences for our results also are provided.

• International Area Studies Review
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• v.16 no.1
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• pp.3-27
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• 2012

This paper adopts recently developed panel unit root test that is cross-sectionally robust. Cointegration test is also used to find whether regional house prices are in line with gross regional domestic production (GRDP) in the long run in Korea during 1989-2009. Based on the panel VECM and the panel ARDL models, we examine causal relationships among the variables and estimate the long-run elasticity. We find evidence of cointegration and bidirectional causal relationships between regional house prices and GRDP. The results of long-run estimates, using both fixed effect and ARDL models, show that house prices positively and significantly influence on the GRDP and vice versa. Together with these results, the findings of ARDL-ECM imply that there exists a long-run equilibrium relationship between house prices and regional economic variables even if there is a possibility of short-run deviation from its long-run path.

• The Journal of Asian Finance, Economics and Business
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• v.8 no.2
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• pp.453-463
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• 2021

Economic globalization provides a good channel for the development of foreign trade around the world. Due to this background, this paper sets the Organization for Economic Co-operation and Development (OECD) countries as a sample to explore the importance of international logistics in foreign trade. An annual panel data from 2000 to 2017 will be used to conduct an empirical estimation under the panel unit root test and the fixed effect model. Foreign trade is treated as an explained variable and international logistics is treated as explanatory variables. The findings show that international logistics have a positive spillover effect on export trade and the speed of international logistics development has a regulatory effect on the relationship between both of them, which presents a U-shaped curve. When the speed of international logistics development is slow, an increase of it restrains the positive spillover effect of international logistics on export trade. However, when it rises to a certain extent, this increase releases the positive spillover effect of international logistics on export trade. As can be seen by the evidence that this paper provides, the impact of international logistics on foreign trade is dynamic. Moreover, this paper also puts forward some corresponding measures about the relationship between both of them.

• Journal of Biosystems Engineering
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• v.24 no.1
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• pp.31-40
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• 1999

The objective of this study were to develop a cooling simulation model for fixed-bed of rough rice and to analyze the factors affecting cooling time of rough rice. A computer simulation model based on equilibrium conditions between grain and air was developed to predict temperature and moisture content changes during cooling of rough rice. the result of t-test showed that there were no significant differences between predicted and measured temperature changes on significance model agreed well with measured values. This cooling simulation model was applied to analyze the effect of some factors, such as air flow rate, cooling air temperature and humidity, initial grain temperature and moisture content, and bed depth, on cooling time of rough rice. Cooling rate increased with increase of air flow rate and bed depth whereas it decreased with increase of cooling air temperature and humidity and initial grain temperature. Among these factors, the most important factor was air flow rate. Specific air flow rate of 0.35㎥/min㎥ was required for cooling rough rice in 24 hours.

• Journal of Environmental Science International
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• v.23 no.6
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• pp.1143-1149
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• 2014

The adsorption experiments of lithium ions were conducted in the fixed bed column packed with activated carbon modified with nitric acid. Effect of inlet concentration, bed hight and flow rate on the removal of lithium ions was investigated. The experimental results showed that the removal and the adsorption capacity of lithium ions increased with increasing inlet concentration, and decreased with increasing flow rate. When the bed height increased, the removal and the adsorption capacity increased. The breakthrough curves gave a good fit to Bohart-Adams model. Adsorption capacity and breakthrough time calculated from Bohart-Adams model, these results were remarkably consistent with the experimental values. The adsorption capacity was not changed in the case of 3 times repetitive use of adsorbent.

• The Journal of The Korea Institute of Intelligent Transport Systems
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• v.16 no.1
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• pp.26-37
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• 2017

The study is to develop safety performance functions(SPFs) for urban intersections using random effects Tobit regression model and to analyze correlations between crashes and factors. Also fixed effects Tobit regression model was estimated to compare and analyze model validation with random effects model. As a result, AADT, speed limits, number of lanes, land usage, exclusive right turn lanes and front traffic signal were found to be significant. For comparing statistical significance between random and fixed effects model, random effects Tobit regression model of total crash rate could be better statistical significance with $R^2_p$ : 0.418, log-likelihood at convergence: -3210.103, ${\rho}^2$: 0.056, MAD: 19.533, MAPE: 75.725, RMSE: 26.886 comparing with $R^2_p$ : 0.298, log-likelihood at convergence: -3276.138, ${\rho}^2$: 0.037, MAD: 20.725, MAPE: 82.473, RMSE: 27.267 for the fixed model. Also random effects Tobit regression model of injury crash rate has similar results of model statistical significant with random effects Tobit regression model.

• The Transactions of The Korean Institute of Electrical Engineers
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• v.59 no.4
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• pp.686-692
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• 2010

This paper analyzes the effect of the STATCOM on the improvement of the Fault Ride Through (FRT) capability of the fixed speed wind turbines(FSWTs). The steady-state models of the wind farm components, such as induction generator, capacitor bank, and the STATCOM, are developed based on the simplified equivalent circuit. Especially, the STATCOM is modeled as a controllable current source and a method that analytically determines the magnitude of the injection current is developed. For the quasi-steady-state(QSS) analysis, the steady-state model of the generator and STATCOM are merged with the dynamic model of drive train. The QSS simulation with the STATCOM shows that the STATCOM can enhance the FRT performance by improving the $W_r-T_e$ characteristics of the FSWTs.

• Journal of the Korea Safety Management & Science
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• v.24 no.3
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• pp.39-46
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• 2022

This study has found the socio-economic factors that affect occupational accidents and measured the influence quantitatively. We built the panel data of 4 countries (Japan, Germany, the U.S., and the U.K.) and the analysis model counted on the fixed effect model to reflect the countries' differences. The fatal occupational injury rates in the analyzed countries had a statistically significant relationship with the level of per capita GDP, the proportion of the construction industry, the rate of male workers, annual average working hours, the rate of workers in manufacturing and construction industries, etc. The annual average working hours have a positive correlation with the fatal occupational injury rate. To reduce occupational accidents effectively, we should be monitoring and researching various factors that can affect the occurrence of occupational accidents such as worker characteristics, changing industrial structure, and changes in working hours.