• Journal of the Korea Academia-Industrial cooperation Society
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• v.16 no.10
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• pp.6959-6968
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• 2015

This study aims to update the supply-demand model of wood products(FOSMO-2013) and to forecast mid and long run supply and demand for each products. The subjects of the study include sawnwood, plywood, particle board, fiberboard(MDF), and pulp. The updated partial equilibrium model is composed of supply function, import demand function, demand function, price relation function. The long run outlooks of world prices of wood and wood products are imported from the results of Buongiorno(2012). This study also adopt Buongiorno's scenarios, which includes three scenarios of IPCC(A1B, A2, B2) and the other one with assumption of increasing fuelwood consumption of A1B scenario. The result says that the domestic productions of wood products are expecting to decrease while the imports of them increase even there are some differences among the products as well as scenarios.

• Journal of the Korea Academia-Industrial cooperation Society
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• v.15 no.5
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• pp.2689-2694
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• 2014

This study analyze the impact of omija(maximowiczia chinensis) market by Korea-China FTA and review the change of mid and long term supply-demand from 2014 to 2018. A scenario is also imported to simulate and measure the impacts of the Korea-China FTA. The scenario is that tariff rates for Chinese product(omija) will be zero after 5 years from 2014. A partial equilibrium model of Omija is specified to forecast mid and long term supply-demand and prices. Equations in the model were estimated by using econometric techniques. The results based on scenario are compared with the results by the baseline case(maintenance of current situation). Our study show that when the tariff rates for Chinese product(Omija) will be zero after 5 years from 2014, the cultivated area of Omija is forecasted to decline until 3,370ha in 2018, and the consumption is forecasted to increase up to 12,040.8MT in 2018, and also total revenue of about 9.8 billion korean won will be decreased during 5 years(2014-2018).

• Journal of the Korean Ceramic Society
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• v.37 no.3
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• pp.271-279
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• 2000

5 m/o Yb-doped SrCeO3 proton conductor was prepared by a solid state reaction method and its total electriccal conductivity measured as a function of both oxygen partial pressure and water vapor partial pressure in the temperature range of 500~100$0^{\circ}C$. From the total conductivity have been deconvoluted the partial conductivities of oxide ions, protons, and holes, respectively, on the basis of the defect model proposed. The equilibrium constant of hydrogen-dissolution reaction, proton concentration, and mobilities of oxygen vacancies and protons have subsequently been evaluated. It is verified that SrCe1-xYbxO3 is a mixed conductor of holes, protons and oxide ions and the proton conduction prevails as temperature decreases and water vapor pressure increases. The heat of water dissolution takes a representative value of $\Delta$HoH=-(140$\pm$20) kJ/mol-H2O, but tends to be less negative with increasing temperature. Migration enthalpies of proton and oxygen vacancy are extracted as 0.83$\pm$0.10 eV and 0.81$\pm$0.01 eV, respectively.

• 한국연소학회:학술대회논문집
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• 1999.10a
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• pp.71-79
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• 1999

Numerical analysis on the characteristics of nitrogen oxides (NOx) formation in turbulent nonpremixed hydrogen-air flames was carried out. Lagrange IEM model and Assumed PDF model were applied to consider turbulence-chemistry interaction known to affect the production of NOx. Partial equilibrium assumption was used to predict nonequilibrium effect to which one-half power dependence between EINOx normalized by flame residence time and global strain rate is attributed. As a result. such one-half power dependence could be reproduced only by reaction model including $HO_{2}$and $H_{2}O_{2}$, which means its dependence on Damkohler number; nonequilibrium effect. This dependence was shown better in the region of higher global strain. Besides, the improvement of turbulence model is required to predict mean flow properties quantitatively in the radial direction.

• Journal of Korean Society of Transportation
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• v.20 no.4
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• pp.95-107
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• 2002

Congestion and increasing returns to scale in the use of and in the provision of transportation facilities have been biggest challenges to policy makers. In order to counter these problems and thereby to promote economic efficiency, optimal congestion tax and marginal cost pricing are separately and strongly recommended for each case. In this paper, however, we show that they are valid only in Partial equilibrium context in which only the corresponding market is considered. We set up a formal general equilibrium model and prove that the recommended policies are not in general effective. We continue to give particular examples which show the invalidity of each policy and continue to show that in the same examples, there exist better but unconventional policies. Based on these findings we strongly suggest to employ quantify restricting policy measure or to find second-best pricing policies.

• Management Science and Financial Engineering
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• v.10 no.2
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• pp.53-71
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• 2004

In this study, a mathematical model that shows the optimal payout policy is developed. The model is new and unique in the sense that not only continuous-time framework is used, but also both partial differential equation (PDE) and real-option approach are utilized in the derivation of optimal payouts for the first time. In the model building, non-linear demand curve for dividend payouts in the competitive capital markets is assumed. From the sensitivity analysis using traditional comparative static analysis, some useful managerial implications which are consistent with famous previous studies are derived under realistic conditions. All results in this study, however, are valid under the assumption that the opportunity costs follow geometric Brownian motion, which is widely used in economic science and finance literature.

• Journal of the Korean Ceramic Society
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• v.28 no.6
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• pp.429-436
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• 1991

Silicon carbide has been grown by a chemical vapor deposition (CVD) technique using CH3SiCl3 and H2 gaseous mixture onto a graphite substrate. Based on the thermodynamic equilibrium studies and the suggestion that the deposition rate of SiC is controlled by surface reaction theoretical kinetic equation for CVD of silicon carbide has been proposed. The proposed theoretical kinetic equation for CVD of silicon carbide agreed well with the experimental results for the variation of the deposition rate as a function of the partial pressure of reactant gases. The Vikers microhardness of the SiC layer was about 3000∼3400 kg/$\textrm{mm}^2$ at room temperature.

• International Area Studies Review
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• v.15 no.2
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• pp.331-350
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• 2011

This paper analyzes balance of goods for a panel data of 56 industry classification in the MTI from 1980 to 2009. This study also develops the equilibrium adjustment process, which is a trade-off between the adjustment costs towards equilibrium costs for balance of goods and the cost of being in disequilibrium. In this framework, the GMM estimation procedure is used to estimate this dynamic panel model consistently. It is found that equilibrium balances of goods in Korean adjust to the speed is very slow to 0.0389. because of this is necessary to adjust the equilibrium goods balance as the cost of goods balance deficit is larger than by the cost. In addition, the real income elasticity for goods balance of resin in Japan and Korea, the real income elasticity 4.38168 and -0.835225, respectively, the marks were consistent with economic theory. The exchange rate elasticity of goods balance in japan to 0.478435 were found in the inelastic.

• Steel and Composite Structures
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• v.32 no.4
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• pp.537-548
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• 2019

This paper introduces an improved numerical model which can consider the bond-slip effect in steel-concrete composite structures without taking double nodes to minimize the complexity in constructing a finite element model. On the basis of a linear partial interaction theory and the use of the bond link element, the slip behavior is defined and the equivalent modulus of elasticity and yield strength for steel is derived. A solution procedure to evaluate the slip behavior along the interface of the composite flexural members is also proposed. After constructing the transfer matrix relation at an element level, successive application of the constructed relation is conducted from the first element to the last element with the compatibility condition and equilibrium equations at each node. Finally, correlation studies between numerical results and experimental data are conducted with the objective of establishing the validity of the proposed numerical model.

• 한국연소학회:학술대회논문집
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• 1998.10a
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• pp.165-170
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• 1998

Turbulent nonpremixed $H_2$-air jet flames are numerically investigated using the joint PDF model. The reaction progress variable is derived by assuming the radicals 0, H, and OH to be in partial equilibrium and additional species $HO_2$ and $H_2O_2$ in steady state. The model is extended to npnadiabatic flame by introducing additional variable for the transport of enthalpy and radiative source term is calculated using a local, geometry independent model. In terms of flame structure and NO formation, the predicted results are favorably agreed with experimental data. The effects of nonequilibrium chemistry and radiative heat loss on the thermal NO formation are discussed in detail.