• Title/Summary/Keyword: over run

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An Analysis on Causalities Among GDP, Electricity Consumption, CO2 Emission and FDI Inflow in Korea (한국의 경제성장, 전력소비, CO2 배출 및 외국인직접투자 유입 간 인과관계 분석)

  • Park, Chang-dae;Kim, Sung-won;Park, Jung-gu
    • Journal of Energy Engineering
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    • v.28 no.2
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    • pp.1-17
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    • 2019
  • This article analyzes causal relationships among gross domestic product(GDP), electricity consumption, carbon dioxide($CO_2$) emission and foreign direct investments(FDI) inflow of Korea over the period from 1976 to 2014, using unit root test, cointegration test, and vector error correction model(VECM). As the results, this article found (1) a long-run bi-directional causality between GDP and electricity consumption, which may imply a negative impact of electricity consumption-saving policy on economic growth, (2) uni-directional short- and long-run causalities running from $CO_2$ emission to GDP, and a uni-directional long-run causality running from $CO_2$ emission to electricity consumption, which can result in a negative impact of $CO_2$ emission reduction policy on economic growth and electricity consumption, (3) a uni-directional long-run causality running from FDI to GDP, and uni-directional short- and long-run causalities running from FDI to electricity consumption, which may result from relatively lower electricity prices than investing countries, (4) no causality between FDI and $CO_2$ emission, which is based on the characteristics of FDI composed of service industries. Considering the above causal relationships among the four variables, the policy implication needs to focus on the electricity demand management based on the relevant R&Ds, and on the gradual transition from fossil fuel- to renewable-energy. Adaptive policy to increase the FDI inflow is also needed.

Predicting Probability of Precipitation Using Artificial Neural Network and Mesoscale Numerical Weather Prediction (인공신경망과 중규모기상수치예보를 이용한 강수확률예측)

  • Kang, Boosik;Lee, Bongki
    • KSCE Journal of Civil and Environmental Engineering Research
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    • v.28 no.5B
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    • pp.485-493
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    • 2008
  • The Artificial Neural Network (ANN) model was suggested for predicting probability of precipitation (PoP) using RDAPS NWP model, observation at AWS and upper-air sounding station. The prediction work was implemented for flood season and the data period is the July, August of 2001 and June of 2002. Neural network input variables (predictors) were composed of geopotential height 500/750/1000 hPa, atmospheric thickness 500-1000 hPa, X & Y-component of wind at 500 hPa, X & Y-component of wind at 750 hPa, wind speed at surface, temperature at 500/750 hPa/surface, mean sea level pressure, 3-hr accumulated precipitation, occurrence of observed precipitation, precipitation accumulated in 6 & 12 hrs previous to RDAPS run, precipitation occurrence in 6 & 12 hrs previous to RDAPS run, relative humidity measured 0 & 12 hrs before RDAPS run, precipitable water measured 0 & 12 hrs before RDAPS run, precipitable water difference in 12 hrs previous to RDAPS run. The suggested ANN has a 3-layer perceptron (multi layer perceptron; MLP) and back-propagation learning algorithm. The result shows that there were 6.8% increase in Hit rate (H), especially 99.2% and 148.1% increase in Threat Score (TS) and Probability of Detection (POD). It illustrates that the suggested ANN model can be a useful tool for predicting rainfall event prediction. The Kuipers Skill Score (KSS) was increased 92.8%, which the ANN model improves the rainfall occurrence prediction over RDAPS.

An Economic Analysis of Flat Pricing for Unlimited Voice Calls : Necessary Conditions and MNO's Strategy (음성무제한 요금제경쟁의 경제적 분석 : 무제한요금제 도입 필요조건과 통신사의 선택)

  • Kim, Weonseek
    • Journal of Information Technology Services
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    • v.12 no.3
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    • pp.111-126
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    • 2013
  • As the gaps become narrower in interconnection fee and volume rate, the MNOs began to introduce flat pricing for unlimited voice traffic competitively in Korea wireless telecommunication market : 'unlimited talks within intra-network' by the 1st operator, followed by the 3rd operator's 'unlimited talks over all networks'. As a result, subscribers tip in toward the third ranked operator and could bring a substantial change to steadfast market structure over the last decade in Korea. This paper aims to develop a simple economic model to analyze competition with flat pricing for unlimited voice traffic, and to check whether the pricing can be appropriate for the MNOs. The results show that MNOs already step in the necessary conditions to launch flat pricing for voice traffic. It also predicts that the MNOs compete with unlimited talk over all networks and set a single fee in an equilibrium. At present, the MNOs run virtually identical pricing for unlimited talk over all networks, considering their differentiation with respect to service quality, coverage and brand preference.

Inundation Simulation of Underground Space using Critical Dry Depth Scheme (임계 마름 수심기법을 이용한 지하공간 침수 모의)

  • Rhee, Dong Sop;Kim, Hyung-Jun;Song, Chang Geun
    • Journal of the Korean Society of Safety
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    • v.30 no.6
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    • pp.63-69
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    • 2015
  • In this study, a 2D hydrodynamic model equipped with critical dry depth scheme was developed to reproduce the flow over staircase. The channel geometry of hydraulic experiment conducted by Ishigaki et al. was generated in the computational space, and the developed model was validated against flow properties such as discharge, velocity and momentum. In addition, the water surface profile and the velocity distribution evolved in flow over two layers staircases were analyzed. When the initial water depth at the upper floor was 0.3 m, the maximum velocity at lower floor was 4.2 m/s, and the maximum momentum was $1.2m^3/s^2$, and its conversion to force per unit width was 1.2 kN/m. This value was equivalent to the hydrostatic force with 50 cm water depth, and evacuation became difficult, as proposed by Ishigaki et al. For the flow over staircases connecting two layers, the maximum run-up height in flat part connecting two layers was approximately two times higher than the initial water depth in upper floor, and the rapid shock wave with sharp front and long tail was propagated.

A study of overspeed-protection furling mechanism of Small Wind Turbine (소형 풍력의 과풍속 보호 장치에 관한 연구)

  • Kim, Hyoung-Gil;Kim, Chul-Ho;Seo, Young-Taek;Oh, Chul-Soo
    • Proceedings of the KIEE Conference
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    • 2007.07a
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    • pp.959-960
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    • 2007
  • The wind power has been used steadily since long ago, but the importance of it has been faded because of the abundant and convenient fossil energy. Now, due to the energy crisis, experiencing the environmental problems etc, the necessity of using it growing bigger. Because the small wind turbines under a few kW grade has the merits of setting up with low costs by individuals, and get the energy saving effects that, it has the secured, separate markets from the range systems, and the developing of it is continuously proceeding. The small wind turbine system must have the output power regulating system for the over wind speed, to run steadily in the various wind speed environment. In case of the small wind turbine system, to prevent the breaking and for safety, at the over wind speed, additional system is required, and in most cases, output power is restricted by mechanical means. In this paper, the furling system makes the tail and the head move to make the blades to the wind in slanted angle, restrict the output power at the over wind speed. In thesis, small prototype wind turbine is made, and analyzing the output power characteristics at the over wind speed, and to verify, through the logical study and tests.

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Development of Operation and Control Technology of Energy Storage System for Frequency Regulation and Operation by Grid Connected Automatic Control (주파수조정용 에너지저장장치 운전제어 기술의 개발과 계통연계 자동제어 운전)

  • Lim, Geon-Pyo;Choi, Yo-Han;Im, Ji-Hoon
    • The Transactions of the Korean Institute of Electrical Engineers P
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    • v.65 no.4
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    • pp.235-241
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    • 2016
  • Grid-connected, large-capacity energy storage systems (ESS) can be used for peak load supply, frequency regulation, and renewable energy output smoothing. In order to confirm the capability of battery ESS to provide such services, 4MW/ 8MWh battery ESS demonstration facility was built in the Jocheon substation on Jeju Island. The frequency regulation technology developed for the Jocheon demonstration facility then became the basis for the 28MW and 24MW frequency regulation ESS facilities installed in 2014 at the Seo-Anseong and Shin-Yongin substations, respectively. The operation control systems at these two facilities were continuously improved, and their successful commercialization led to the construction of additional ESS facilities all over Korea in 2015. In seven (7) locations nationwide (e.g., Shin-Gimje and Shin-Gyeryeong), a total of 184 MW of ESS had been commercialized in 2016. The trial run for the new ESS facilities had been completed between April and May in 2016. In this paper, results of the trial run from each of the ESS facilities are presented. The results obtained from the Seo-Anseong and Shin-Yongin substations during a transient event by a nuclear power plant trip are also presented in this paper. The results show that the frequency regulation battery ESS facilities were able to quickly respond to the transient event and trial run of ESS is necessary before it is commercialized.

Field survey of 1983 central East Sea Tsunami : Imwon Port (1983년 동해 중부 지진해일 현장조사 : 임원항)

  • Kim, Sung-Min;Lee, Seung-Oh;Choi, Moon-Kyu;Cho, Yong-Sik
    • Journal of the Korean Society of Hazard Mitigation
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    • v.7 no.4
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    • pp.97-105
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    • 2007
  • This study has been focus to certify the run-up heights, losses of human lives and property damages due to the 1983 Central East Sea tsunami. We have conducted the interview with indigenous inhabitant and field surveying at the Imwon port, East sea in Korea in order to inquire into the state of things occurred during that period. It is also investigated how much well they are aware of the emergency action plan including the evacuation system. Base on the reliable interviews, we selected and surveyed 10 places at the Imwon port, where the historical maximum overflowing occurred due to the 1983 Central East Sea tsunami. The measured run-up heights are approximately $3.3m{\sim}4.0m$ at the selected 10 places and it is found that the sea water ran over the banks in Imwon stream about 700m upstream from the Imwon port. From this study we can suggest supplementing the present emergency action plan and supply the state-of-the-art inundation map.

Changes in the Characteristics of Wintertime Climatology Simulation for METRI AGCM Using the Improved Radiation Parameterization (METRI AGCM의 복사 모수화 개선에 따른 겨울철 기후모의의 특징적 변화)

  • Lim, Han-Cheol;Byun, Young-Hwa;Park, Suhee;Kwon, Won-Tae
    • Atmosphere
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    • v.19 no.2
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    • pp.127-143
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    • 2009
  • This study investigates characteristics of wintertime simulation conducted by METRI AGCM utilizing new radiation parameterization scheme. New radiation scheme is based on the method of Chou et al., and is utilized in the METRI AGCM recently. In order to analyze characteristics of seasonal simulation in boreal winter, hindcast dataset from 1979 to 2005 is produced in two experiments - control run (CTRL) and new model's run (RADI). Also, changes in performance skill and predictability due to implementation of new radiation scheme are examined. In the wintertime simulation, the RADI experiment tends to reduce warm bias in the upper troposphere probably due to intensification of longwave radiative cooling over the whole troposphere. The radiative cooling effect is related to weakening of longitudinal temperature gradient, leading to weaker tropospheric jet in the upper troposphere. In addition, changes in vertical thermodynamic structure have an influence on reduction of tropical precipitation. Moreover, the RADI case is less sensitive to variation of tropical sea surface temperature than the CTRL case, even though the RADI case simulates the mean climate pattern well. It implies that the RADI run does not have significant improvement in seasonal prediction point of view.

Underpricing, Investor Attention, and Post-IPO Performance: An Empirical Analysis of IT Firms (저가발행과 투자자 관심이 기업 공개 이후 장·단기 성과에 미치는 영향: IT 기업을 중심으로)

  • Young Bong Chang;Young Ok Kwon
    • Information Systems Review
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    • v.21 no.2
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    • pp.51-67
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    • 2019
  • This study examines IPO underpricing and its interaction with investor attention as one of key factors that can affect post-IPO performance in the short- and long-run. With higher investor attention measured as Google searches around IPO dates, our empirical results show that IT firms are underpriced more severely than non-IT firms. We also demonstrate that investor attention is positively associated with IPO performance in the short-run for both IT and non-IT firms. However, the impact of investor attention is more sustained for IT firms over a longer time horizon when coupled with a high level of underpricing while its impact is neutralized for non-IT firms. Given the unique attributes such as network effects embedded in the IT industry, our findings suggest that IPO underpricing and its interplay with investor attention for IT firms play an important role in shaping long-run performance and ultimately affecting fundamental value.

A management Strategy of Eating-Outdoors Besiness for Recovering IMF (IMF 극복을 위한 외식산업 경영전략)

  • 박명업
    • Journal of Applied Tourism Food and Beverage Management and Research
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    • v.10
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    • pp.187-202
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    • 1999
  • We desperately recognize from the economic situation in IMF crisis that only competive goods and serviced. It is anticipated that this difficult situation will probably be continued till 1999. Therefore, it is necessary to think over real aspects of eating=outdoors in IMF period and to provide an opportunity to confront with this crisis. Analysis a recent tendency of domestic eating-outdoors business, there appears, first of all, dual types of eating-outdoors; the one is a sort of 'Cost Sale', which provides some special menu with lowest prices, and the other is a type of 'Family Restaurant', which regards the atmosphere of the place as one of the most essential elements. Both types are getting more popular today. As the result, neither of the alternative cannot recover the current Depression. It is natural that no other conditions can compete with good tastes, fancy atmosphere, and good prices. As a matter of fact, however, it is quite difficult to run this type of bussiness adjusted the above whole conditions. Therefore owners of eating-house must decide to run either ' Cost Sale' or 'Family Restaurant' first and investigate some problems and conditions accordingly. In ane way, the owner intensively visits to some eating houses which is similar style in size and management to that of his style in size and management to that of his and look over what is good and what is bad Right after this investigation, it is efficient for he or she to improve his or her business style in size and management in a short period. It is helpful to check some complements; improvement of signboards, cleaning up of the interior, selecting suitable menu, adjusted prices, tastes, and service quality etc. Although eating-outdoors business is hard hit by IMF, We hope that it would rapidly be brisk in 2000, becaused by that time the basis of each industry would be high qualified, and rich technology would be accumulated.

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