• Title/Summary/Keyword: positive equilibrium

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Econometric Analysis of the Determinants of Real Effective Exchange Rate in the Emerging ASEAN Countries

  • RAKSONG, Saranya;SOMBATTHIRA, Benchamaphorn
    • The Journal of Asian Finance, Economics and Business
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    • v.8 no.3
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    • pp.731-740
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    • 2021
  • This research aims to investigate the determinants of real effective exchange rate in emerging ASEAN countries, including Indonesia, Malaysia, Philippines, Thailand, and Vietnam. The research was conducted by using quarterly time series data set from 1980Q1 to 2020Q3. Cointegration and the error correction model (ECM) methods were applied to test the long run and short run relationship of the real effective exchange rate and its determinants. The results indicate that the ratio of foreign direct investment to GDP and the government spending have significantly positive impact on real effective exchange rate in the Emerging ASEAN countries. The trade opening had influencing real effective exchange rate in most the Emerging ASEAN countries, except Vietnam. In addition, the international reserve (INR) had significant long-run impacts variables on real effective exchange rate in Malaysia, Thailand and Vietnam. In the short run equilibrium, the error collection term suggest that Indonesia and Malaysia are the fastest speed adjustment to equilibrium. In addition, the term of trade influence the real effective exchange rate in Indonesia, Malaysia, and the Philippines but it is not in Thailand and Vietnam. However, FDI is a major factor of the real effective exchange rate in Vietnam, but not for other countries.

Economic Impacts of Transportation Investment on Regional Growth: Evidence from a Computable General Equilibrium Model on Japan's Cross-Prefectural-Border Region

  • Thi Thu Trang, HA;Hiroyuki, SHIBUSAWA
    • The Journal of Asian Finance, Economics and Business
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    • v.10 no.2
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    • pp.183-193
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    • 2023
  • This paper proposes and examines the economic impact of infrastructure improvement on the San-En-Nanshin region in the Chubu area of Japan. We develop a single transportation computable general equilibrium (CGE) model for each subregion within the San-En-Nanshin region. The explicit modeling of the transportation infrastructure is defined based on interregional commuting flows and business trips, considering the spatial structure of the San-En-Nanshin economy. A CGE model is integrated with an interregional transportation network model to enhance the framework's potential for understanding the infrastructure's role in regional development. To evaluate the economic impact of transportation improvement, we analyze the interrelationship between travel time savings and regional output and income. The economic impact analysis under the CGE framework reveals how transportation facilities and systems affect firm and household behavior and therefore induce changes in the production and consumption of commodities and transportation services. The proposed theoretical model was tested by using data from the 2005 IO tables of each subregion and the 2006 transport flow dataset issued by the Ministry of Land, Infrastructure, Transport, and Tourism in Japan. As a result, the paper confirms the positive effect of transportation investment on the total output and income of the studied region. Specifically, we found that while economic benefits typically appear in urban areas, rural areas can still potentially benefit from transportation improvement projects.

The economic impact of mandatory group housing for pregnant sows in the pig industry

  • Do Yeon Park;Suk Ho Han;Seungmo Koo
    • Korean Journal of Agricultural Science
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    • v.51 no.3
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    • pp.261-270
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    • 2024
  • Starting from 2030, mandatory group housing for pregnant sows on pig farms has been enforced, requiring to secure the group housing spaces for pregnant sows. Additionally, six weeks after mating, pregnant sows are obligated to be raised in group housing spaces, and, the use of individual stalls is prohibited. This study analyzed the impact of mandatory group housing for pregnant sows on the pig industry using the equilibrium displacement model (EDM). The results showed a decrease in production due to the increase in space allocation per sow, but more significantly, consumers' willingness to pay, driven by animal welfare considerations, increased. This led to the increase in retail prices and farm prices by 13% and 25%, respectively. Analyzing the changes in social welfare, consumer surplus is increased by 5,887 billion won, and producer surplus is also increased by 10,655 billion won, contributing to the total increase in social welfare of 16,542 billion won. This suggests that the mandatory group housing for pregnant sows have positive impacts on both consumers and producers. However, this study did not consider the cost aspect, and, therefore future research is required to address the issue of cost.

Filter- and Denuder-Based Organic Carbon Correction for Positive Sampling Artifacts

  • Hwang, InJo;Na, Kwangsam
    • Asian Journal of Atmospheric Environment
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    • v.11 no.2
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    • pp.107-113
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    • 2017
  • This study describes (1) the impact of positive sampling artifacts caused by not only a filter-based sampling, but also a denuder-based sampling in the determination of particle-phase organic carbon (POC), (2) the effect of sample flow rate on positive artifacts, and (3) an optimum flow rate that provides a minimized negative sampling artifact for the denuder-based sampling method. To achieve the goals of this study, four different sampling media combinations were employed: (1) Quartz filter-alone (Q-alone), (2) quartz filter behind quartz-fiber filter (QBQ), (3) quartz filter and quartz filter behind Teflon filter (Q-QBT), and (4) quartz filter behind carbon-based denuder (Denuder-Q). The measurement of ambient POC was carried out in an urban area. In addition, to determine gas-phase OC (GOC) removal efficiency of the denuder, a Teflon filter and a quartz filter were deployed upstream and downstream of the denuder, respectively with varying sample flow rates: 5, 10, 20, and 30 LPM. It was found that Q-alone sampling configuration showed a higher POC than QBQ, Q-QBT, and Denuder-Q by 12%, 28%, and 23%, respectively at a sample flow rate of 20 LPM due to no correction for positive artifact caused by adsorption of GOC onto the filter. A lower quantity of GOC was collected from the backup quartz filter on QBQ than that from Q-QBT. This was because GOC was not in equilibrium with that adsorbed on the front quartz filter of QBQ during the sampling period. It is observed that the loss of particle number and mass across the denuder increases with decreasing sample flow rate. The contribution o f positive arti facts to POC decreased with increasing sample flow rate, showing 29%, 25%, and 22% for 10, 20, and 30 LPM, respectively. The 20 LPM turns out to be the optimum sample flow rate for both filter and denuder-based POC sampling.

Characteristics of Equilibrium, Kinetics and Thermodynamics for Adsorption of Disperse Yellow 3 Dye by Activated Carbon (활성탄에 의한 Disperse Yellow 3 염료의 흡착에 있어서 평형, 동력학 및 열역학적 특성)

  • Lee, Jong-Jib
    • Clean Technology
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    • v.27 no.2
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    • pp.182-189
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    • 2021
  • The adsorption of disperse yellow 3 (DY 3) on granular activated carbon (GAC) was investigated for isothermal adsorption and kinetic and thermodynamic parameters by experimenting with initial concentration, contact time, temperature, and pH of the dye as adsorption parameters. In the pH change experiment, the adsorption percent of DY 3 on activated carbon was highest in the acidic region, pH 3 due to electrostatic attraction between the surface of the activated carbon with positive charge and the anion (OH-) of DY 3. The adsorption equilibrium data of DY 3 fit the Langmuir isothermal adsorption equation best, and it was found that activated carbon can effectively remove DY 3 from the calculated separation factor (RL). The heat of adsorption-related constant (B) from the Temkin equation did not exceed 20 J mol-1, indicating that it is a physical adsorption process. The pseudo second order kinetic model fits well within 10.72% of the error percent in the kinetic experiments. The plots for Weber and Morris intraparticle diffusion model were divided into two straight lines. The intraparticle diffusion rate was slow because the slope of the stage 2 (intraparticle diffusion) was smaller than that of stage 1 (boundary layer diffusion). Therefore, it was confirmed that the intraparticle diffusion was rate controlling step. The free energy change of the DY 3 adsorption by activated carbon showed negative values at 298 ~ 318 K. As the temperature increased, the spontaneity increased. The enthalpy change of the adsorption reaction of DY 3 by activated carbon was 0.65 kJ mol-1, which was an endothermic reaction, and the entropy change was 2.14 J mol-1 K-1.

Equilibrium, Kinetics and Thermodynamic Parameters Studies on Metanil Yellow Dye Adsorption by Granular Activated Carbon (입상활성탄에 의한 메타닐 옐로우 염료의 흡착에 대한 평형, 동력학 및 열역학 파라미터에 관한 연구)

  • Lee, Jong-Jib
    • Applied Chemistry for Engineering
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    • v.25 no.1
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    • pp.96-102
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    • 2014
  • Adsorption of metanil yellow onto granular activated carbon were studied in a batch system. Various operation parameters such as adsorbent dosage, pH, initial concentration, contact time and temperature were optimized. Experimental equilibrium adsorption data were analyzed by Langmuir and Freundlich adsorption isotherm. The equilibrium process was described well by Freundlich isotherm model. From determined separation factor (1/n), adsorption of metanil yellow by granular activated carbon could be employed as effective treatment method. By analysis of kinetic experimental data, the adsorption process were found to confirm to the pseudo second order model with good correlation and the adsorption rate constant ($k^2$) decreased with increasing initial concentration. Thermodynamic parameters like activation energy, change of free energy, enthalpy, and entropy were also calculated to predict the nature adsorption in the temperature range of 298~318 K. The activation energy was determined as 23.90 kJ/mol. It was found that the adsortpion of metanil yellow on the granular activated carbon was physical process. The negative Gibbs free energy change (${\Delta}G=-2.16{\sim}-6.55kJ/mol$) and the positive enthalpy change (${\Delta}H=+23.29kJ/mol$) indicated the spontaneous and endothermic nature of the adsorption process, respectively.

Adsorption Characteristics of Brilliant Green by Coconut Based Activated Carbon : Equilibrium, Kinetic and Thermodynamic Parameter Studies (야자계 입상 활성탄에 의한 brilliant green의 흡착 특성 : 평형, 동력학 및 열역학 파라미터에 관한 연구)

  • Lee, Jong-Jib
    • Clean Technology
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    • v.25 no.3
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    • pp.198-205
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    • 2019
  • The adsorption equilibrium, kinetic, and thermodynamic parameters of brilliant green adsorbed by coconut based granular activated carbon were determined from various initial concentrations ($300{\sim}500mg\;L^{-1}$), contact time (1 ~ 12 h), and adsorption temperature (303 ~ 323 K) through batch experiments. The equilibrium adsorption data were analyzed by Langmuir, Freundlich, Temkin, Harkins-Jura, and Elovich isotherm models. The estimated Langmuir dimensionless separation factor ($R_L=0.018{\sim}0.040$) and Freundlich constant ($n^{-1}=0.176{\sim}0.206$) show that adsorption of brilliant green by activated carbon is an effective treatment process. Adsorption heat constants ($B=12.43{\sim}17.15J\;mol^{-1}$) estimated by the Temkin equation corresponded to physical adsorption. The isothermal parameter ($A_{HJ}$) by the Harkins-Jura equation showed that the heterogeneous pore distribution increased with increasing temperature. The maximum adsorption capacity by the Elovich equation was found to be much smaller than the experimental value. The adsorption process was best described by the pseudo second order model, and intraparticle diffusion was a rate limiting step in the adsorption process. The intraparticle diffusion rate constant increased because the dye activity increased with increases in the initial concentration. Also, as the initial concentration increased, the influence of the boundary layer also increased. Negative Gibbs free energy ($-10.3{\sim}-11.4kJ\;mol^{-1}$), positive enthalpy change ($18.63kJ\;mol^{-1}$), and activation energy ($26.28kJ\;mol^{-1}$) indicate respectively that the adsorption process is spontaneous, endothermic, and physical adsorption.

Characteristics of Equilibrium, Kinetics, and Thermodynamics for Adsorption of Acid Black 1 Dye by Coal-based Activated Carbon (석탄계 활성탄에 의한 Acid Black 1 염료의 흡착에 있어서 평형, 동력학, 및 열역학적 특성)

  • Lee, Jong-Jib
    • Clean Technology
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    • v.27 no.3
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    • pp.261-268
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    • 2021
  • Equilibrium, kinetics, and thermodynamics of adsorption of acid black 1 (AB1) by coal-based granular activated carbon (CGAC) were investigated with the adsorption variables of initial concentration of dye, contact time, temperature, and pH. The adsorption reaction of AB1 by activated carbon was caused by electrostatic attraction between the surface (H+) of activated carbon and the sulfite ions (SO3-) and nitrite ions (NO2-) possessed by AB1, and the degree of reaction was highest at pH 3 (97.7%). The isothermal data of AB1 were best fitted with Freundlich isotherm model. From the calculated separation factor (1/n) of Freundlich, it was confirmed that adsorption of AB1 by activated carbon could be very effective. The heat of adsorption in the Temkin model suggested a physical adsorption process (< 20 J mol-1). The kinetic experiment favored the pseudo second order model, and the equilibrium adsorption amount estimated from the model agreed to that given by the experiments (error < 9.73% ). Intraparticle diffusion was a rate controlling step in this adsorption process. From the activation energy and enthalpy change, it was confirmed that the adsorption reaction is an endothermic reaction proceeding with physical adsorption. The entropy change was positive because of an active reaction at the solid-liquid interface during adsorption of AB1 on the activated carbon surface. The free energy change indicated that the spontaneity of the adsorption reaction increased as the temperature increased.

Thermodynamic Properties of Ubiquitin Folding Intermediate (Ubiquitin 폴딩 intermediate의 열역학적 특성)

  • Park, Soon-Ho
    • Applied Biological Chemistry
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    • v.47 no.1
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    • pp.33-40
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    • 2004
  • Thermodynamic properties of ubiquitin transient folding intermediate were studied by measuring folding kinetics in varying temperatures and denaturant concentrations. Through quantitative kinetic modeling, the equilibrium constant, hence folding free energy, between unfolded state and intermediate state in several different temperatures were calculated. Using these values, the thermodynamic parameters were estimated. The heat capacity change $({\Delta}C_p)$ upon formation of folding intermediate from unfolded state were estimated to be around 80% of the overall folding reaction, indicating that ubiquitin folding intermediate is highly compact. At room temperature, the changes of enthalpy and entropy upon formation of the intermediate state were observed to be positive. The positive enthalpy change suggests that the breaking up of the highly ordered solvent structure surrounding hydrophobic side-chain upon formation of intermediate state. This positive enthalpy was compensated for by the positive entropy change of whole system so that formation of transient intermediate has negative free energy.

Comparative Study on Adsorptive Characteristics of Diazinon in Water by Various Adsorbents

  • Ryoo, Keon Sang;Jung, Sun Young;Sim, Hun;Choi, Jong-Ha
    • Bulletin of the Korean Chemical Society
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    • v.34 no.9
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    • pp.2753-2759
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    • 2013
  • The aim of the present study is to explore the possibility of utilizing fly ash and loess, as alternative to activated carbon, for the adsorption of diazinon in water. Batch adsorption experiment was performed to evaluate the influences of various factors like initial concentration, contact time and temperature on the adsorption of diazinon. The adsorption data shows that fly ash is not effective for the adsorption of diazinon. The equilibrium data for both activated carbon and loess were fitted well to the Freundlich isotherm model. The pseudo-second-order kinetic model appeared to be the better-fitting model because it has higher $R^2$ compared to the pseudo-first-order kinetic model. The thermodynamic parameters such as free energy (${\Delta}G$), the enthalpy (${\Delta}H$) and the entropy (${\Delta}S$) were calculated. Contrary to loess, the ${\Delta}G$ values of activated carbon were negative at the studied temperatures. It indicates that the adsorption of diazinon by activated carbon is a favorable and spontaneous process. The positive ${\Delta}H$ values of activated carbon and loess suggest that the diazinon adsorption process is endothermic in nature. In addition, the positive ${\Delta}S$ values show that increased randomness occurs at the solid/solution surface during the adsorption of diazinon.