• Journal of the Korean Society of Marine Environment & Safety
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• v.8 no.1
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• pp.15-52
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• 2002

According to International Maritime Organization. more than 50% of cargoes transported by sea today can be regarded as dangerous or hazardous ones, mainly consisting of chemical cargoes in bulk, likely solid or liquid and other materials, such as gases and products for and of the oil refinery industry. 46% of total cargoes handled in ports of Korea in 1999. is said to be dangerous cargoes. These dangerous and hazardous cargoes are quite within a high realms of possibility of accidents, likely to be grave disaster. This paper reviews current risk management system for the dangerous and hazardous cargoes sea-transportation, mainly focusing on the prevailing regal regimes in both USA and Korea. And it aims to suggest some points for advancing the existing Korean system.

• The Journal of Asian Finance, Economics and Business
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• v.6 no.3
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• pp.103-113
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• 2019

The effectiveness of monetary policy critically depends upon how well the transmission mechanism functions, so that the desired impact on output and inflation is achieved. The purpose of this paper is to study the transmission mechanism of monetary policy by analyzing the impact on inflation and output during multiple indicator regime (1998-99 to 2014) in an emerging economy-India. The Inflation Targeting Regime is also briefly outlined alongwith the impact on output and inflation. Using quarterly data for the period 1997 to 2017, the paper uses weighted average call money market rate as a proxy for the policy rate and evaluates the strength of the interest rate channel. We use a conventional Structural vector auto regression (SVAR) methodology to evaluate the efficacy and show the impluse response functions. Our results find that changes in the policy rate impact output growth steeply with a lag of about two quarters and the impact on inflation is maximized after three quarters. The study concludes that the monetary policy in India has a significant impact on output and inflation in the short-to-medium-run. After the policy shock, the fall in the output growth rate is of greater magnitude than the fall in inflation.

• The Korean Journal of Ecology
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• v.19 no.4
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• pp.305-320
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• 1996

It is necessary to obtain information about the productivity of the human-influenced forest and to understand the consumption of biomass resources in secondary forest in order to examine the resource flux by human activity in rural landscape. Thus the aims of this study were to elucidate the biomass and their use of secondary Pinus densiflora forests and to discuss sustainable utilization of secondary forests in rural landscape system. This study was carried out in Yanghwa-ri, Kongjugun, Chungcheongnam-do, central Korea. The changes of growth rate and aboveground biomass of a pine forest for 2 years were analyzed to understand forest management regimes in rural pine forests. Through allometric equations deduced from 25 sample trees, biomass was estimated. The biomass increase of pine forest was approximately 16.36 t/ha/yr in the unexploited stand and 12.24 t/ha/yr in the exploited stand. These were nearly equal to those of natural pine forests in central Korea. This result proved that human-influenced pine forest in rural landscape as well as the natural one has high potentiality to provide forest products. Making graveyard in forest-land was the important disturbance and land-use which currently occurring in rural landscape in the study area. Finally, we presented some forest management for stutainable and positive uses of secondary forests as one of the local energy resources in terms of the holistic landscape-ecological view.

• Journal of Korean Institute of Industrial Engineers
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• v.36 no.3
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• pp.203-211
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• 2010

This study examines a cointegrated vector autoregressive (VAR) model where parameters are subject to switch across the regimes in the term structure of interest rates. To employ the regime switching framework, the Markov-switching vector error correction model (MS-VECM) is allowed to the regime shifts in the vector of intercept terms, the variance-covariance terms, the error correction terms, and the autoregressive coefficient parts. The corresponding approaches are illustrated using the term structure of interest rates in the US Treasury bonds over the period of 1958 to 2009. Throughout the modeling procedure, we find that the MS-VECM can form a statistically adequate representation of the term structure of interest rate in the US Treasury bonds. Moreover, the regime switching effects are analyzed in connection with the historical government monetary policy and with the recent global financial crisis. Finally, the results from the comparisons both in information criteria and in forecasting exercises with and without the regime switching lead us to conclude that the models in the presence of regime dependence are superior to the linear VECM model.

• Asian-Australasian Journal of Animal Sciences
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• v.7 no.4
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• pp.563-570
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• 1994

Fifty-one Thai Native (TN) and Anglo-Nubian (AN) $\times$ TN does were studied. The purpose of the study was to investigate the reproductive performances of different goat genotypes grazing improved pasture with or without supplementary feeding. The feeding regimes were: 1. no concentrate supplement (T1), 2. supplemented for 15 days before mating and 45 days during mating period (T2), 3. supplemented from 15 days before mating to 42 days after kidding (T3) and 4. supplemented for 30 days before kidding, followed by 42 days after kidding. Cross-bred does tended to have higher conception rates, kidding opportunities and higher multiple birth rates than TN does. However, these differences were not statistically significant (p>0.05), and concentrate supplementation under the various regimes did not increase reproductive performance. TN kids had significantly (p<0.01) lower birth weights and lower weights at 3, 6 and 12 weeks of age than those of the cross-bred kids. However, there was no significant difference between the genotypes in growth rate (g/d or $g/kg^{75}/d$) of kids during these periods. Supplementary feeding did not significantly affect either kid birth weight or weight gain in the first 6 weeks after birth and during this period supplementary adequate in both quantity and quality, substantial reproductive performances were achieved from both TN and AN $\times$ TN does without concentrate supplementation.

• Asian-Australasian Journal of Animal Sciences
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• v.10 no.6
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• pp.657-664
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• 1997

432 Babcock ISA white leghorn pullets reared for 8 weeks on a standard managemental conditions were exposed to feed/nutrient and light restrictions from 9 to 20 weeks of age. Four feeding regimes i. e. 100, 85 or 70 percent of the recommended allowance and low energy (2,500 Kcal/kg) low protein (13% CP) ration were fed each in the three light regimes i. e. (A) Natural day light starting from 13.24 hr/day at 8 weeks of age and ending 10.41 hr/day at the end of 20 weeks; (B) Constant 11 hr/day light and (C) starting with 13 hr/day at 8 weeks and decreasing @ 20 min/week till 20 weeks of age. At the age of 20 weeks all the birds were shifted to separate cages under uniform lighting feeding and management. During the 21st week light was increased to 12 hr a day and thereafter with an increase of 30 min per week, increased to 16 hr a day at the age of 29 weeks. From 20 weeks onward till 72 week age, all the birds were offered commercial layer rations ad libitum, prepared according to climatic conditions. The results of the study revealed that birds reared under natural and constant light had higher weights than decreasing light, yet they could not out perform during production period. The effect of feed and nutrient restriction, on the other hand, was found significant during rearing as well as production period. The birds exposed to higher level of feed and those exposed to nutrient restriction were lighter in weight. The 100% fed birds laid their first egg at an early age. However, those reared on 85% of the recommendation excelled all other groups in terms of produced number of eggs, egg mass, hen housed and hen day production and net returns.

• Proceedings of the Korea Water Resources Association Conference
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• 2009.05a
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• pp.2210-2214
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• 2009

This paper summarizes progress on work under the Asian Pacific FRIEND(Flow Regimes from International Experimental and Network Data - APFRIEND) initiative of the International Hydrological Programme (IHP) of the United Nations Educational, Scientific and Cultural Organisation (UNESCO) from 2005 to 2009. The results of initial work on Rainfall Intensity Duration Frequency (IFD) have just been published as a volume by UNESCO. The results of work to date is concisely presented and observations made about lessons learnt on how to successfully integrate work from nine diverse countries with differing approaches to both hydrology and water resource management structures and on some possible directions for future work.

• Journal of Navigation and Port Research
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• v.41 no.2
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• pp.71-78
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• 2017

This paper aims to investigate the time-varying systematic risk of the stocks of Korean logistics firms. For this purpose, the period from January 1991 to October 2016 was examined with respect to 21 logistics companies that are listed on the Korea Exchange. The systematic risk of the logistics stocks is measured in terms of the Capital Asset Pricing Model (CAPM) beta for which the sensitivity of a stock is compared to the return changes of the whole market. Overall, the betas of the stocks of the Korean logistics companies are significantly lower than those of the market unity; however, it was revealed that the logistics betas are not constant, but are actually time-varying according to different economic regimes, which is consistent with the previous empirical findings. This finding is robust across different measurements of the logistics betas. In addition, the impact of macroeconomic factors on the logistics betas was examined. The present study shows that the logistics betas are positively associated with foreign exchange-rate changes.

• East Asian Economic Review
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• v.24 no.1
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• pp.31-59
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• 2020

China's increasing trade volume and continuous integration with global financial markets have strengthened the influences of the renminbi on the exchange rates of different currencies. Previous studies find closer co-movements between the renminbi and other currencies. This paper is novel to investigate the underlying determinants of the co-movement further, using panel data of over thirty-four countries. Our results show that stronger bilateral trade and financial linkages with China have a positive association with the currency co-movement. Moreover, countries with greater flexibility in exchange rate regimes show stronger co-movements. These findings imply that growing co-movements are the consequence of autonomous decisions at the market rather than that of management by governments or central banks.

• Journal of Forest and Environmental Science
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• v.30 no.3
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• pp.259-266
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• 2014

Stand Density Diagrams (SDD) are average stand-level models which graphically illustrate the relationship between yield, density and mortality throughout the various stages of forest development. These are useful tools for designing, displaying and evaluating alternative density regimes in even-aged forest ecosystems to achieve a desired future condition. This contribution presents an example of a SDD that has been constructed for teak forests of Karnataka in southern India. The relationship between stand density, dominant height, quadratic mean diameter, relative spacing and stand volume is represented in one graph. The relative spacing index was used to characterize the population density. Two equations were fitted simultaneously to the data collected from 27 sample plots measured annually for three years: one relates quadratic mean diameter with stand density and dominant height while the other relates total stand volume with quadratic mean diameter, stand density and dominant height.