• Title/Summary/Keyword: recession analysis

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Analysis of Spatiotemporal Changes in Groundwater Recharge and Baseflow using SWAT and BFlow Models (SWAT 모형과 BFlow를 이용한 지하수 함양, 기저유출의 시공간적 변화 분석)

  • Lee, Ji Min;Park, Youn Shik;Jung, Younghun;Cho, Jaepil;Yang, Jae Eui;Lee, Gwanjae;Kim, Ki-Sung;Lim, Kyoung Jae
    • Journal of Korean Society on Water Environment
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    • v.30 no.5
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    • pp.549-558
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    • 2014
  • Occurrence frequency of flood and drought tends to increase in last a few decades, leading to social and economic damage since the abnormality of climate changes is one of the causes for hydrologic facilities by exceedance its designed tolerance. Soil and Water Assessment Tool (SWAT) model was used in the study to estimate temporal variance of groundwater recharge and baseflow. It was limited to consider recession curve coefficients in SWAT model calibration process, thus the recession curve coefficient was estimated by the Baseflow Filter Program (BFLOW) before SWAT model calibration. Precipitation data were estimated for 2014 to 2100 using three models which are GFDL-ESM2G, IPSL-CM5A-LR, and MIROC-ESM with Representative Concentration Pathways (RCP) scenario. SWAT model was calibrated for the Soyang watershed with NSE of 0.83, and $R^2$ of 0.89. The percentage to precipitation of groundwater recharge and baseflow were 27.6% and 17.1% respectively in 2009. Streamflow, groundwater recharge, and baseflow were estimated to be increased with the estimated precipitation data. GFDL-ESM2g model provided the most large precipitation data in the 2025s, and IPSL-CM5A-LR provided the most large precipitation data in the 2055s and 2085s. Overall, groundwater recharge and baseflow displayed similar trend to the estimated precipitation data.

Predicting Recessions Using Yield Spread in Emerging Economies: Regime Switch vs. Probit Analysis (금리스프레드를 이용한 신흥경제 국가의 불황 예측: 국면 전환 모형 vs. 프로빗 모형)

  • Park, Kihyun;Mohsin, Mohammed
    • International Area Studies Review
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    • v.16 no.3
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    • pp.53-73
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    • 2012
  • In this study we investigate the ability of the yield spread to predict economic recessions in two Asian economies. For our purpose we use the data from two emerging economies (South Korea and Thailand) that are also known for their openness in terms of exports and imports. We employ both two-regime Markov-Switching model (MS) and three-regime MS model to estimate the probability of recessions during Asian crisis. We found that the yield spread is confirmed to be a reliable recession predictor for Thailand but not for South Korea. The three-regime MS model is better for capturing the Asian financial crisis than two-regime MS model. We also tried to find the duration of economic expansions and recessions. We tested the hypothesis of asymmetric movements of business cycles. The MS results are also compared with that of the standard probit model for comparison. The MS model does not significantly improve the forecasting ability of the yield spread in forecasting business cycles.

Changes in Industrial Structure and Competitiveness of Manufacturing Crisis Region: Focusing on Gunsan City (제조업 위기지역의 산업구조 및 경쟁력 변화: 군산시를 사례로)

  • Song, Juyoun
    • Journal of the Economic Geographical Society of Korea
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    • v.25 no.3
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    • pp.299-319
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    • 2022
  • Since 2010, there have been phenomena that the recession of key industries has spreaded into a regional crisis, affecting the overall regional economy in Korea. The purpose of this study is to analyze how the regional industrial structure and manufacturing competitiveness has been changed in Gunsan, which is in crisis due to the decline of the shipbuilding and automobile industries. As a result, the pace of change in industrial structure of Gunsan has accelerated, and this is because the mass employment released from the key industries has been absorbed into other industries, but there were no manufacturing fields that could replace the recession of the key industries. Among the manufacturing of Gunsan, the degree of specialization of the basic industries has been gradually weakened, and in addtion, the weakening of location competitiveness has brought a negative impact on the growth rate differential of the manufacturing. It is necessary to closely examine changes in characteristics of regional industrial structure for Gusan to find an alternative direction in order to respond to the manufacturing crisis.

A Study of Aero-thermodynamic Ablation Characteristics for Rocket Nozzle (로켓노즐내부의 공기 열역학적 삭마특성에 관한 연구)

  • Seo, J.I.;Jeong, J.H.;Kim, Y.I.;Kim, J.H.;Song, D.J.;Bai, C.H.
    • Proceedings of the KSME Conference
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    • 2001.06e
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    • pp.282-287
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    • 2001
  • The CSCM Upwind method and Material Transport Analysis (MTA) have been used to predict the thermal response and ablation rate for non-charring material to be used as thermal protection material (TPM) in KSR-III test rocket nozzle. The thermal boundary conditions such as cold wall heat-transfer rate and recovery enthalpy for MTA code are obtained from the upwind Navier-Stokes solution procedure. The heat transfer rate and temperature variations at rocket nozzle wall were studied with shape change of the nozzle surface as time goes by. The surface recession was severely occurred at nozzle throat and this affected nozzle performance such as thrust coefficient substantially.

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A Comprehensive Rainfall/Run-off Model for Upland Catchment Area. (산간유역에서의 강우량/유출량에 관한 종합 Model해석)

  • 홍진정
    • Magazine of the Korean Society of Agricultural Engineers
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    • v.20 no.3
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    • pp.4724-4731
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    • 1978
  • Using hydrometric data from an upland river in North Wales, a relationship between rate of river flow and water stored within the catchment area (catchment storage) is assumed to exist, and is evaluated from an analysis of winter recession curves. This storage/river flow relationship, when combined with water balance equations, produces a set of equations which may be used for "routing" input of rainfall through a storage with defined outflow characteristics, providing a straightforward method of flood prediction and analysis from rainfall data. Recorded and predicted flood hydrographs are compared, and the effectiveness and limitations of the method are considered. The development of a complete mathematical model, embodying the storage/river flow relationship, and suitable for generation of continuous run-off records from rainfall and evaporation data, is also considered.

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Value Structure Model of the Success Factor of ITO Transition (ITO 이행단계 성공요인에 대한 가치체계모형 연구)

  • Cha, Hwan-Ju;Kim, Ja-Hee
    • Journal of the Korean Operations Research and Management Science Society
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    • v.41 no.1
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    • pp.21-39
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    • 2016
  • Although the demand for IT outsourcing (ITO) has increased recently because of the recent recession, concerns about business discontinuity in the transition phase cause companies to hesitate to adopt ITO. Therefore, a guideline to improve the prospects is needed. However, studies on the success factors of the transition phase in ITO are lacking. In this study, we develop an expert hierarchical value map (HVM) of the success of the transition phase in ITO by using cognition scientific methodologies. We empirically verify how success factors affect the success of the transition phase. Specifically, we derive an HVM of main stakeholders by using in-depth interviews and approaches, such as repertory grid technique (RGT) and laddering, based on means-end chain theory. We validate the success factors empirically through a bipolar analysis of RGT. Finally, we determine the most important cluster of success factors through cluster analysis.

Estimation of the Available Amount of Groundwater in South Korea: 1. Development of the Method (우리나라 지하수 개발가능량 추정: 1. 개념 정립과 기법의 개발)

  • 박창근
    • Journal of the Korean Society of Groundwater Environment
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    • v.3 no.1
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    • pp.15-20
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    • 1996
  • The potential and the available amount of groundwater are defined precisely based on the hydrologic concept, of which terms are prescribed but not defined in the groundwater law. A simple method to estimate the available amount of groundwater is proposed by the comparison and analysis of the previous methods. The proposed method is based on separations of the groundwater components from the hydrograph for the recession period and the recharge period, and may be applied to the hydrograph analysis consistently.

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Correlation, Regression, and Path Analysis between Yield and its Components in Tobacco (Nicotiana tabacum L.) (담배의 수량과 수량구성요소의 상관, 회귀 및 경로분석)

  • 김용암;유점호
    • Journal of the Korean Society of Tobacco Science
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    • v.3 no.2
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    • pp.115-122
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    • 1981
  • Data for this study were obtained from Burley 21 (Nicotiana tabacum L.) grown under various densities on the field in 1978 and 1979 at the Jeonju Experiment Station, Korea Ginseng & Tobacco Research Institute. Interrelations between yield and its components were statistically studied by correlation, regression, and pathway analysis. Correlation of yield with plant population was significant and positive. Quadratic functions for yield vs. plant population and the length of the largest leaf were fitted to the data. Multiple recession equation between yield and its components (leaf number ($X_1$), a leaf area ($X_5$), weight per unit leaf area ($X_9$), plant population ($X_14$)), was significant at the 5% level. Measuring the relative importance of its components on yield, plant population was 49.5%, weight per unit leaf area 25.3%, a leaf 15.6%, and leaf number 9.8%.

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A STUDY ON RISK WEIGHT USING FUZZY IN REAL ESTATE DEVELOPMENT PROJECTS

  • Sung Cho;Kyung-ha Lee ;Yong Cho ;Joon-Hong Paek
    • International conference on construction engineering and project management
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    • 2009.05a
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    • pp.1176-1182
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    • 2009
  • Due to recession in real estate market, interest of risk analysis is increasing. Feasibility study in the first stage takes a great role in a project. There are not objectified tools which are able to cope with uncertainty of project, and feasibility study based on selected method of determinism does not include liquidity of weight risk. Also, shortage of consideration for subjective and atypical external factors causes inappropriate results. Therefore, this study proposes feasibility study model focused on risk factor influences in construction cost and sales cost. Considering effective level of cost based on objective risk factors and probable weight of risk by this model, real workers are able to bring correct and scientific decisions better than former method based on selective analysis of real estate development.

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Critical financial variation of ratios between healthy and workout construction firms

  • Im, Haekyung;Choi, Jaehyun
    • International conference on construction engineering and project management
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    • 2015.10a
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    • pp.354-356
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    • 2015
  • As domestic recession has had an adverse impact on many Korean companies in Korea, financial soundness has become a critical issues. It is essential to identify financial risk factors to prevent workout as well as to improve the financial condition of domestic construction companies. Therefore, this study derived important management indicators and the financial ratios that belong to each indicator through a comparative analysis between healthy companies and workout companies with financial statement. As a consequence, key financial ratios are derived into 3 of 25 ratios; Equity Ratio in stability indicator, Total Asset Turnover Ratio in activity indicator, and Labor Equipment Ratio in productivity indicator. So, Korean construction firms are required close monitoring these critical financial ratios indicating variation between construction companies which have opposing statuses in finance in order to keep sound financial condition and increase productivity.

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