• Title/Summary/Keyword: growing stock

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Estimation of Potential Wood Supply by according to Geographical and Forest Management Conditions in Korea (지리 및 임업경영 여건을 고려한 유형별 목재공급 잠재량 추정)

  • Won, Hyun-Kyu;Jang, Kwang-Min;Kim, Youngh-Wan;Lee, Kyeong-Hak;Kim, Hyung-Ho
    • Journal of agriculture & life science
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    • v.45 no.3
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    • pp.35-41
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    • 2011
  • The objective of this study was to estimate domestic potential wood supply according to geographical and forest management conditions. In order to separate available wood supply area, analysis was conducted by separating natural, theoretical, geographical and technical supply area. Natural supply area was separated by extract stocked land from forest using digital stock map. Theoretical, geographical and technical supply area was separated by considering protection area, slope, streamside and road. Growing stock was calculated by using species and age-class of digital stock map. Potential wood supply was estimated by calculating growing stock of technical supply area. The results of growing stock of each supply area was shown that growing stock was from 244,150 to 596,248 thousand $m^3$. According to the results of this study, it was found that potential wood supply are likely to be over- or underestimated depending on the considered level of geographical and forest management conditions. Provincial potential wood supply was highly ranked in order of Gyeongbuk, jeonnam, Gyeongnam and Gangwon province.

Estimation of the Carbon Stock and Greenhouse Gas Removals by Tree Species and Forest Types in Gangwon Province (강원도 산림의 임상별, 수종별 탄소저장량 및 온실가스 흡수량 산정)

  • Lee, Sun Jeoung;Yim, Jong-Su;Son, Yeong Mo;Kim, Raehyun
    • Journal of Climate Change Research
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    • v.6 no.4
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    • pp.303-310
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    • 2015
  • This study was conducted to estimate of carbon stock and greenhouse gas (GHGs) removals by tree species and forest type at Gangwon province. We used a point sampling data with permanent sample plots in national forest inventory and national emission factors. GHGs emissions was caclulated using the stock change method related to K-MRV and IPCC guidance. Total carbon stock and greenhouse gas removals were high in deciduous forest and species than in coniferous. The range of annual net greenhouse gas emissions in other deciduous species was from $-11,564.83Gg\;CO_2\;yr^{-1}$ to $-13,500.60Gg\;CO_2\;yr^{-1}$ during 3 years (2011~2013). On the other hand, coniferous forest was temporally converted to source due to reducing of growing stock in 2012. It was that growing stocks and forest area were likely to reduce by the deforestation and clear cutting. This study did not consider other carbon pools (soil and dead organic matter) due to the lack of data. This study needs to complement the activity data and emission factors, and then will find the way to calculate the greenhouse gas emissions and removals in the near future.

Simultaneous Equation Estimation in Finance and Corporate Financial Decision: Empirical Evidence from Pakistan Stock Exchange

  • AHMED, Wahab;KHAN, Hadi Hassan;RAUF, Abdul;ULHAQ, SM Nabeel;BANO, Safia;SARWAR, Bilal;HUDA, Shams ul;KHAN, Mirwaise;WALI, Ahmed;DURRANI, Maryam Najeeb
    • The Journal of Asian Finance, Economics and Business
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    • v.8 no.3
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    • pp.11-21
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    • 2021
  • In the last few years, there is growing interest in the field of simultaneous equation estimation in finance due to the endogeneity problem caused by measurement errors, simultaneity, or omitted variables. This study aims to discuss the endogeneity problem in corporate financing decisions and investigate the interrelationship of financial decision-making such as investment decision, dividend decision, and external financing decision in Pakistan Stock Exchange (PSX) using two-stage least squares (2SLS) and generalized method of moment (GMM) estimation. The Bruech-Pagan test shows that the data has no heteroskedasticity issue and 2SLS is a better approach in the context of this study as compared to the GMM approach, and internal instruments are also sufficiently strong and valid. The three financial decision-making attributes are not jointly determined, and the dividend is influenced by one-sided investment. In the emerging stock market context, external financing and investment are not inter-related and did not affect each other. The question of whether the simultaneous equation estimation can be useful in the context of the emerging stock markets and newly-growing firms remains unanswered. The inclusive evidence shows that the theoretical link in the emerging stock market is difficult to prove like in developed stock markets.

Relationship between Tree Species Diversity and Carbon Stock Density in Moist Deciduous Forest of Western Himalayas, India

  • Shahid, Mohommad;Joshi, Shambhu Prasad
    • Journal of Forest and Environmental Science
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    • v.33 no.1
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    • pp.39-48
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    • 2017
  • With the growing global concern about climate change, relationship between carbon stock density and tree species has become important for international climate change mitigation programmes. In this study, 150 Quadrats were laid down to assess the diversity, biomass and carbon stocks in each of the forest ranges (Barkot Range, Lachchiwala Range and Thano Range) of Dehra Dun Forest Division in Doon Valley, Western Himalaya, India. Community level carbon stock density was analyzed using Two Way Indicator Species Analysis. Species Richness and Shannon Weiner index was correlated with the carbon stocks of Doon Valley. Positive and weak relationship was found between the carbon stock density and Shannon Weiner Index, and between carbon stock density and Species Richness.

Estimating Greenhouse Gas (GHG) Removal by Cryptomeria japonica and Chamaecyparis obtusa Stands Using New Stem Volume Tables (신규 입목수간재적표를 활용한 삼나무 및 편백 임분의 온실가스 흡수량 추정)

  • Min Woo Lee;Sun Jeoung Lee;Joung Won You;Jin Taek Kang;Young Jin Lee;Chi Ung Ko
    • Journal of Korean Society of Forest Science
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    • v.112 no.4
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    • pp.515-522
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    • 2023
  • The aim of this study was to quantitatively evaluate a new stem volume table for estimating the growth, carbon storage, and greenhouse gas (GHG) absorption in Cryptomeria japonica and Chamaecyparis obtusa stands and to provide suggestions for improving the domestic GHG inventory. Carbon storage and GHG absorption were estimated using growing stock data obtained from invariable sub-sample plots between the 6th and 7th national forest inventories. We assessed changes in growing stock using the parameters employed by Kozak (1988) and Versions 1 and 2 of the stem volume table. Version 2 has new stem tables for 16 species, including Cryptomeria japonica, which were unavailable in Version 1. Version 2 also includes new data for trees with diameters at breast height equal to or greater than 30 cm. We found greater growing stock values using Version 2 than Version 1 for both stands, and the differences were statistically significant (p<0.001). Applying the new stem volume table increased GHG absorption by 22% for the Cryptomeria japonica stand and 13% for the Chamaecyparis obtusa stand. The growing stock estimation method used in this study should therefore be applied to re-estimate GHG absorptions in the forestry sector to produce accurate statistics for the IPCC guidelines.

Herding Behavior: Do Domestic Investors Herd Toward Foreign Investors in Vietnam Stock Market?

  • NGUYEN P., Quynh
    • The Journal of Asian Finance, Economics and Business
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    • v.9 no.9
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    • pp.9-24
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    • 2022
  • With a view to attracting foreign investment and growing the economy, the Vietnamese government has hastened financial reforms, including the lifting of limitations on foreign investment, which has resulted in rapidly rising foreign ownership in recent years. To study the relationship between transactions of foreign investors and transactions of domestic investors on two stock exchanges in Vietnam Ho Chi Minh City Stock Exchange (HSX) and Hanoi Stock Exchange (HNX). This study applies a secondary dataset comprising daily market trading information of 912 stocks from 18 industries listed on 2 Vietnam stock exchanges, including HSX and HNX, which includes executed price, executed volume, daily Buy Orders, and Sell Orders categorized into domestic investors' orders and foreign investors orders from 01.04.2010 to 10.04.2018. The regression results show a significantly positive relationship between foreign investors' trading and domestic investors' transaction in all trading activities in both up and down markets. Therefore, these results indicate that domestic investors in Vietnam are concerned with foreign investors' trading as an important sign, and domestic investors tend to follow their counterparties without appropriate fundamental information. From there, there are signs of herding behavior of domestic investors following foreign investors in transactions on the stock market in Vietnam.

Efficient and Reliable in vitro Regeneration System for Rubus Species as the Basis of Genetic Engineering

  • Kalai Katalin;Meszaros Annamaria;Denes Ferenc;Zatyko Jozsef;Balazs Ervin
    • Journal of Plant Biotechnology
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    • v.7 no.4
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    • pp.241-246
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    • 2005
  • Factors affecting regeneration of different Rubus varieties (blackberry, raspberry and their hybrid) were examined and a reliable regeneration system was established. Media for stock plant maintenance were tested; different explants and media were investigated to find the best circumstances for the regeneration. The effect of the commonly used antibiotics was studied to determine the most suitable one for selection of the transformants. We found that both MS and LS media supplemented by $20\;gL^{-1}$ sucrose are suitable for the stock plant maintenance. The optimal hormone content for the stock plants is $0.125\;mgL^{-1}$ 6-benzylaminopurine (BAP) with $0.01\;mgL^{-1}$ indole-3- butyric acid (IBA). The highest regeneration rate was observed on medium containing MS salts with B5 vitamins complemented with glucose, sucrose, maltose, $10\;gL^{-1}$ each, supplemented with benzylaminopurine riboside (BAR) ($2\;mgL^{-1}$) and indole-3-acetic acid (IAA) ($0.1\;mgL^{-1}$). The regenerated shoots appeared directly from the cut edges, without callus phase. Hygromycin and geneticin proved to be good selection agents for the Rubus explants, but due to their severe effect on the tissues we propose to use marker-free constructions for the transformation.

Analysis Land-use Changes of the Suomo Basin Based on Remote Sensing Images

  • Chen, Junfeng
    • Proceedings of the KSRS Conference
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    • 2002.10a
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    • pp.702-707
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    • 2002
  • Three periods of land-use maps of the Suomo Basin were drawn from topographic maps (1970a) and Landsat TM/ETM images (1986a and 1999a). The area of each kind of land use was calculated from the three maps. From 1970 to 1999, the area of forestland decreased 17%, the area of sparse forestland increased 8%, and the area of grassland increased 10%. The transferring trend of the land-use is that forestland turned into sparse forestland and brush land, and the brush land degenerated into grassland based on the transferring matrixes from 1970 to 1986, and from 1986 to 1999. According to the local government record and statistical data, forest cover rate had been increasing from 1970 to 1998, but the amount of growing stock had been declining. From 1957 to 1998, the amount of growing stock declined from 423m$^3$/ha to 177m$^3$/ha.

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A Study on the Risk based RAMS Assessment for Railway Rolling Stock Systems (철도차량시스템의 위험기반 RAMS 평가에 관한 연구)

  • Park, Mun-Gyu;Han, Seong-Ho
    • The Transactions of the Korean Institute of Electrical Engineers P
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    • v.64 no.4
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    • pp.220-230
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    • 2015
  • Rolling stock RAMS is a field of engineering which integrates reliability, availability, maintainability and safety (RAMS) characteristics into an inherent product design property through rolling stock system engineering process. It is implemented to achieve operational objectives successfully, and recently the RAMS has become a rapidly growing engineering discipline because it has a great potential to ensure safety and improve cost effectiveness. However, the Korean rolling stock industry has not yet implemented RAMS management in the rolling stock engineering process, despite the issue having been addressed since the introduction of the KTX. Thus, this paper discusses the processes, methods and techniques for RAMS assessment in three parts. Firstly, it outlines a process of the overall RAMS performance assessment for achieving technical RAMS design criteria. Secondly, it discusses a process for assessing the operational RAM and allocating the RAM. This paper also proposes a model for assessing safety-based risk management, which includes five analytic techniques for identifying the causes and consequences of a system failure. Finally, a case example is provided for the risk assessment of the pneumatic braking device.

Status of Agroforestry Outside in Forest Area of Bilaspur (Chhattisgarh) and Constraints for Non Adoption

  • Chandra, Krishna Kumar
    • Journal of Forest and Environmental Science
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    • v.34 no.5
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    • pp.412-417
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    • 2018
  • Agroforestry is emerged as climate smart agriculture system and known to help in maintaining soil nutrient sustainability but its rate of expansion is still not appreciable. The present paper incorporates the different species under various agroforestry practices its density, growth and growing stock. The most dominated agroforestry practices in Bilaspur district identified as boundary tree based agri- silviculture (32%) followed with inside field tree based agri-silviculture (21%). Agri-horti-silvicultural system found merely in 5% farmer's field while silvo-pastoral practice in 8% fields. The result depicts that the most prevailing agroforestry tree species in non-forest area of Bilaspur comprises Acacia nilotica 36%, Butea monosperma 22%, Albizia spp 16%, Terminalia arjuna 7%, Azadirachta indica 3.5% and other species 15.5%. More than 90% farmer allows tree species growing naturally in their fields mainly for fuel wood, timber and as source of additional income as these species need not require special attention and care, while only 5% farmer's has adopted Tectona grandis, Dalbergia sissoo etc commercially for higher future return. The paper also discusses the constraints on agroforestry for enabling development of agroforestry in future.