• Ocean and Polar Research
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• v.24 no.1
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• pp.93-114
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• 2002

Legal regimes of major countries actively involved in wetland programs including USA, Japan, Germany, Netherlands, and Denmark, show that these leading nations have developed their own legal regimes and policies for the conservation and restoration of wetlands since early 1990s. The main feature of their position is to preserve, create and restore wetlands, including tidal flats. However, this approach, so called 'mitigation' policy, is thus far, not a fully established policy but an evolving one. For Korea, there are only a few laws and policies which hint at the importance of creating coastal wetlands as a conservation measure, however, most of those systems only exist as vague provisions which lack any tangible and compulsory implementing procedures and technical guidelines. It seems that it is necessary to strengthen the legal measures for conserving coastal wetlands in Korea including specifying economic assessment methods and funding sources for the creation, restoration and rehabilitation of tidal flats to firmly establish a national wetland mitigation policy.

• The Korean Journal of Financial Studies
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• v.2 no.2
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• pp.171-211
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• 1995

Relatively little is known about the relationship between taxes and asset prices. Differential tax treatment of assets in the same risk class implies differential pricing. Conversely, the ability of tax-exempt investors to engage in tax arbitrage should drive any pricing differences away. The differential tax treatment of classes of US Treasury securities provides a straightforward setting for the examination of possible tax-effects in asset prices. Using the Cox-Ingersoll-Ross Term Structure Model as our framework, we examine the pricing of US Treasury securities over two distinct tax regimes. Evidence that tax effects are not arbitraged away is presented.

• Journal of Korean Society of Forest Science
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• v.99 no.4
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• pp.534-545
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• 2010

To examine 1) rainfall pattern (i.e., type and intensity) regulating surface erosion on hillslopes in postwildfire area and 2) its effect on variation in sediment yield along the gradient of severity wildfire regimes and elapsed years, we surveyed the amount of sediment yield with respect to daily or net-effective rainfall in 9 plots in eastern coastal region, Republic of Korea. Before field investigation, all plots classified into three groups: low-, mixed- and high-severity wildfire regimes (3 plots in each group). We found that, with decreasing wildfire regimes and increasing elapsed years, the rainfall type regulating surface erosion changed from daily rainfall to net-effective rainfall (considering rainfall continuity) and its intensity increased continuously. In general, wildfires can destroy the stabilized forest floors, and thus rainfall interception by vegetation and litter layer should be reduced. Wildfires can also decrease soil pores in forest floors, and thus infiltration rates of soil are reduced. These two processes lead to frequent occurrence of overland flows required to surface erosion, and sediment yields in post-wildfire areas should increase linearly with increasing rainfall events. With the decreasing severity wildfire regimes and the increasing elapsed years, these processes should be stabilized, and therefore their sediment yields also decreased. Our findings on variations in sediment yields caused by the wildfire regimes and the elapsed years suggest understanding of hydrogeomorphic and ecologic diversities in post-wildfire areas, and these should be carefully examined for both watershed management and disaster prevention.

• Proceedings of the Korea Water Resources Association Conference
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• 2015.05a
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• pp.106-106
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• 2015

The information of flow regimes continues to be norm in water resource and watershed management, in that stream flow regime is a crucial factor influencing water quality, geomorphology, and the community structure of stream biota. The objectives of this study were to estimate Korean stream flows from landscape variables, classify stream flow gages using hydraulic characteristics, and then apply these methods to ungaged biological monitoring sites for effective ecological assessment. Here I used a linear modeling approach (MLR, PCA, and PCR) to describe and predict seasonal flow statistics from landscape variables. MLR models were successfully built for a range of exceedance discharges and time frames (annual, January, May, July, and October), and these models explained a high degree of the observed variation with r squares ranging from 0.555 (Q95 in January) to 0.899 (Q05 in July). In validation testing, predicted and observed exceedance discharges were all significantly correlated (p<0.01) and for most models no significant difference was found between predicted and observed values (Paired samples T-test; p>0.05). I classified Korean stream flow regimes with respect to hydraulic and hydrologic regime into four categories: flashier and higher-powered (F-HP), flashier and lower-powered (F-LP), more stable and higher-powered (S-HP), and more stable and lower-powered (S-LP). These four categories of Korean streams were related to with the characteristics of environmental variables, such as catchment size, site slope, stream order, and land use patterns. I then applied the models at 684 ungaged biological sampling sites used in the National Aquatic Ecological Monitoring Program in order to classify them with respect to basic hydrologic characteristics and similarity to the government's array of hydrologic gauging stations. Flashier-lower powered sites appeared to be relatively over-represented and more stable-higher powered sites under-represented in the bioassessment data sets.

• Proceedings of the Korea Technical Association of the Pulp and Paper Industry Conference
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• 2006.06b
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• pp.305-309
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• 2006

This paper presents and illustrates the application of a growth and yield model that supports both forest and mill side volume and value estimates. Traditional forest stand growth and yield models represent the forest landowner view of yield and economics. Predicted yields are estimates of what one would expect from a procurement cruise, and current stumpage prices are applied to investigate optimum management strategies. Optimum management regimes and rotation ages obtained from the forest side view are unlikely to be economically optimal when viewed from the mill side. The actual distribution of recoverable manufactured product and its value are highly dependent on mill technologies and configurations. Overcoming this limitation of growth and yield computer models necessitates the ability to predict and price the expected manufactured distribution of lumber, lineal meters of veneer, and tonnes of air dried pulp fiber yield. With these embedded models, users of the yield simulator can evaluate the economics of possible/feasible management regimes from both the forest and mill business sides. The simulator is a forest side model that has been modified to produce estimates of manufactured product yields by embedding models for 1) pulpwood chip size class distribution and pulp yield for any kappa number (Schultz and Matney, 2002), 2) a lumber yield and pricing model based on the Best Opening Face model developed by the USDA Forest Service Forest Products Laboratory (Lewis, 1985a and Lewis, 1985b), and 3) a lineal meter veneer model derived from peeler block tests. While the model is strictly applicable to planted loblolly pine (Pinus taeda L.) on cutover site-prepared land in the United States (US) Gulf South, the model and computer program are adaptable to any region and forest type.

• The Journal of Asian Finance, Economics and Business
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• v.7 no.11
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• pp.1113-1122
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• 2020

The purpose of this study is to examine how the Indian banks have adjusted their risk-based capital ratios during 2009-2018 to meet the regulatory requirements. Banks can, in principle, increase their risk-based regulatory capital ratio, either by increasing their levels of regulatory capital or by shrinking their risk-weighted assets by adjusting asset growth or risk in the portfolio. We investigate banks' capital behavior by decomposing the change in the capital ratio into the contribution of its components and analyzing their variance across regulatory regimes and banks' ownerships. We further investigate how each component of the capital ratio is adjusted by the banks by breaking down them into balance sheet items. We find that the banks' capital behavior significantly differed between public and private sector banks and between the two regulatory regimes. During Basel II, banks, in general, followed a strategy of aggressive asset growth with increased risk-taking. The decline in the CRAR because of such an expansionary strategy was adjusted by augmenting additional capital. However, during Basel III, due to higher capital requirements, both in terms of quantity and quality, banks followed a strategy of cutting back their asset growth and reducing the risk in their portfolio to maintain their CRAR.

• Proceedings of the Korea Water Resources Association Conference
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• 2007.05a
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• pp.40-45
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• 2007

Water regulators in New Zealand have recognised the need to adapt water allocation regimes and water permit conditions to reflect the likelihood of lower catchment yield on the east coast from 2030 due to climate change. Water management mechanisms to protect the environment and maintain the reliability of other water users are currently being applied or assessed in Marlborough province. These include seasonal water quota based on spring aquifer status, linking water use to environmental triggers to avoid seawater intrusion or spring depletion; and redefining water permit entitlements to account for recharge variability.

• Journal of Korean Society of Archives and Records Management
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• v.17 no.3
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• pp.97-114
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• 2017

The purpose of this study is to analyze whether, in public organizations, a significant relationship can be found between transparency and information disclosure systems. The study also aims to analyze how the relationship has changed and whether political regimes and organization type matter for such changes. The meaning of information disclosure and the concept of transparency were reviewed through existing literature, the status of which was analyzed using related statistical data. Using a decade of disclosure rate and integrity index data from 2003 to 2013, the correlation between those two variables by political regimes and organization type was analyzed. To improve the information disclosure system and transparency in public organizations, ensuring the documentation of work process, providing the consumer with the information that he/she wants, and institutionalizing systems to evaluate transparency are important. The results of this study will be used as a basic material for understanding the relationship between the information disclosure system and transparency.

• KOREAN JOURNAL OF CROP SCIENCE
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• v.53 no.2
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• pp.161-170
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• 2008

Interest is growing in applying simulation models for the South Texas conditions, to better assess crop water use and production with different crop management practices. The Environmental Policy Integrated Climate (EPIC) model was used to evaluate its application as a decision support tool for irrigation management of com (Zea mays L.) in South Texas of the U.S. We measured actual crop evapotranspiration (ETc) using a weighing lysimeter, soil moisture using a neutron probe, and grain yield by field sampling. The model was then validated using the measured data. Simulated ETc using the Hargreaves-Samani equation was in agreement with the lysimeter measured ETc. Simulated soil moisture generally matched with the measured soil moisture. The EPIC model simulated the variability in grain yield with different irrigation regimes with $r^2$value of 0.69 and root mean square error of $0.5\;ton\;ha^{-1}$. Simulation results with farm data demonstrate that EPIC can be used as a decision support tool for com under irrigated conditions in South Texas. EPIC appears to be effective in making long term and pre-season decisions for irrigation management of crops, while reference ET and phenologically based crop coefficients can be used for inseason irrigation management.

• Asian Journal of Innovation and Policy
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• v.4 no.2
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• pp.178-199
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• 2015

This study provides a background on the growth of Indian automobile industry under different regulatory regimes. It is observed that the international joint ventures have played a key role in the growth of the sector. The study further examines the motives for forming IJVs in the auto component sector and also identifies the criteria for choosing the joint venture partner to mitigate conflicts. These two specific attributes form the core towards transfer of technology, promoting innovation and also act as a catalyst for adopting and choosing appropriate technology. The study brings out the relationship between motives, partner selection criteria and performance of the IJVs. Results indicate that firms gave maximum importance to technological skills, quality control measures and proprietary knowledge in selecting IJV partners. It is also observed that the motives affect the partner selection criteria in terms of skill and resources needed from the partner.