• Title/Summary/Keyword: stability parameter

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A Study on the Financial Service Negotiations in the Korean-Chinese Free-Trade Agreement (FTA) with Respect to RMB Internationalization (위안화 국제화를 고려한 한·중 FTA 금융서비스 협상 전략에 관한 연구)

  • Kim, Sang-Su;Son, Sam-Ho
    • Journal of Distribution Science
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    • v.11 no.4
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    • pp.81-88
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    • 2013
  • Purpose - This paper analyzes the influence of the RMB internationalization on the KRW/dollar exchange rate using an autoregressive distributed lag model. Comparing the parameter estimators from the sample period before and after the global financial crisis, we found that the RMB/dollar exchange rate has increasingly become more influential on the KRW/dollar exchange rate. Moreover, for the past several years, the Chinese government has actively utilized the financial service FTA negotiation as a measure for the RMB internationalization. This paper simultaneously considers RMB internationalization and financial service negotiations in the Korean-Chinese FTA. The purpose of this paper is to explicitly suggest a direction for the financial service negotiations in the Korean-Chinese FTA considering the effects of RMB internationalization. Research design, data, and methodology - The research plan of this paper has two parts. First, for an empirical study, this paper uses the daily exchange rate of the U.S. dollar against the currencies of the ASEAN5, Taiwan,and Korea. By using an autoregressive distributed lag model, this paper studies the influence of the change in the RMB/dollar exchange rate on changes in the local currency/dollar exchange rate in seven economies neighboring China. Our sample periods are 06/2005 - 07/2008 and 06/2010 -02/2013. During these periods, China was under the multi-currency basket system. We exempted the period of 08/2008 - 05/2010 from the analysis because there was nearly no RMB/dollar exchange rate fluctuation during those months. Second, after analyzing the recent financial service liberalizations and deregulations in China, we recommend a direction for the financial service negotiations in the Korean-Chinese FTA. In the past several years,the main Chinese financial policy agenda has surrounded the RMB internationalization. Therefore, it is crucial to understand this in the search for strategies for the financial service negotiations in the Korean-Chinese FTA. This paper employs an existing literature survey and examines the FTA protocols in its research methodology. Results and Conclusions - After the global financial crisis, the Chinese government wanted to break away from the dollar influence and pursued independent RMB internationalization in order to continue the growth and stability of its economy. Hence, every neighboring economy of China has been strategically impacted by RMB internationalization. Nevertheless, there is little empirical study on the influence of RMB internationalization on the KRW/dollar exchange rate. This paper is one of the few studies to analyze this problem comprehensively. By using a relatively simple estimation model, we can confirm that the coefficient of the RMB/dollar exchange rate has become more significant, except in the case of Indonesia. Although Korea is not under the multi-currency basket system but under the weakly controlled floating exchange rate system, its coefficient appears as large as that of the ASEAN5. This is the basis of the currency cooperation that has grown from the expansion of trade between the two countries. These empirical results suggest that the Korean government should specifically consider the RMB internationalization in the Korean-Chinese FTA negotiations.

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Failure Function of Transversely Isotropic Rock Based on Cassini Oval (Cassini 난형곡선을 활용한 횡등방성 암석 파괴함수)

  • Lee, Youn-Kyou
    • Tunnel and Underground Space
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    • v.27 no.4
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    • pp.243-252
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    • 2017
  • Since the failure behavior of transversely isotropic rocks is significantly different from that of isotropic rocks, it is necessary to develop a transversely isotropic rock failure function in order to evaluate the stability of rock structures constructed in transversely isotropic rock masses. In this study, a spatial distribution function for strength parameters of transversely isotropic rocks is proposed, which is based on the Cassini oval curve proposed by 17th century astronomer Giovanni Domenico Cassini to model the orbit of the Sun around the Earth. The proposed distribution function consists of two model parameters which could be identified through triaxial compression tests on transversely isotropic rock samples. The original Mohr-Coulomb (M-C) failure function is extended to a three-dimensional transversely isotropic M-C failure function by employing the proposed strength parameter distribution function for the spatial distributions of the friction angle and cohesion. In order to verify the suitability of the transversely isotropic M-C failure function, both the conventional triaxial compression and true triaxial compression tests of transversely isotropic rock samples are simulated. The predicted results from the numerical experiments are consistent with the failure behavior of transversely isotropic rocks observed in the actual laboratory tests. In addition, the simulated result of true triaxial compression tests hints that the dependence of rock strength on intermediate principal stress may be closely related to the distribution of the microstructures included in the rock samples.

Availability Evaluation of TOC as the Environmental Standard - Survey of Lakes in Nakdong River Basin - (환경기준으로서의 TOC에 대한 활용성 평가 - 낙동강수계 호소를 대상으로 -)

  • Choi, Byoungwoo;Kang, Meea
    • Journal of Wetlands Research
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    • v.20 no.2
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    • pp.173-180
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    • 2018
  • The utilization of TOC(Total organic carbon), a new environmental standard, was evaluated for 30 lakes in the Nakdong River Basin, which is used for drinking and agricultural usage. The active use of water resources begins with securing satisfactory water quality. Since this allows people and nature to maintain stability of quality, water quality standards are being tightened to ensure good water quality. In order to improve the pollution level of organic matter in lakes in the living environment, it is important to use the appropriate organic substance index. The relationship between the newly introduced TOC and the existing COD(Chemical oxygen demand) in the targeted lake was positively correlated with the possibility of replacing the TOC with COD. However, the environmental grade standard using TOC is better than the environmental grade standard using COD, so it has the same effect as that of the grade of water quality using TOC as an organic substance factor. This indicates the limitation of TOC to directly replace existing COD when trying to determine or improve the quality level using organic indicators of lakes. Therefore, in order to secure the qualitative safety of the lake, it is required to strengthen environmental standards of TOC in terms of water quality grade. In addition, the correlation between TOC and COD shows a great difference depending on the utilization characteristics of the lake. This requires clear scientific identification, and it requires continuous monitoring of COD that has been used to accumulate indicators of lake organic matter.

Kinetic Study on the Color Deterioration of Crude Anthocyanin Extract from Schizandra Fruit (Schizandra chinensis fructus) (오미자 색소 추출물의 가열 변색에 대한 속도론적 연구)

  • Cho, Sung-Bin;Kim, Hyun-Jung;Yoon, Jong-Il;Chun, Hyang-Sook
    • Korean Journal of Food Science and Technology
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    • v.35 no.1
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    • pp.23-27
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    • 2003
  • The effects of temperature and pH on color deterioration of anthocyanin in Schizandra fruit (Schizandra chinensis fructus) were determined with temperature range of $80{\sim}100^{\circ}C$ and pH range of $2.0{\sim}5.0$. Browning index was used as an index of color deterioration of crude anthocyanin extract from Schizandra fruit. As pH of crude anthocyanin extract was increased, color deterioration was accelerated, showing pH-dependency of thermal stability of anthocyanin extract from Schizandra fruit. Anthocyanin degradation could be modeled as a second-order rate reaction, with rate of $3.2{\times}10^{-3}\;h^{-1}\;(pH\;2.0){\sim}4.1{\times}10^{-3}\;h^{-1}\;(pH\;5.0)\;at\;100^{\circ}C$. Temperature dependence of deterioration was described by the Arrhenius relationship. Activation energies for pH $2.0{\sim}5.0$ ranged from $24.87{\sim}42.54\;kJ/mol^{-1}$.

Analysis of Contact Properties by Varying the Firing Condition of AgAl Electrode for n-type Crystalline Silicon Solar Cell (AgAl 전극 고온 소성 조건 가변에 따른 N-형 결정질 실리콘 태양전지의 접촉 특성 분석)

  • Oh, Dong-Hyun;Chung, Sung-Youn;Jeon, Min-Han;Kang, Ji-Woon;Shim, Gyeong-Bae;Park, Cheol-Min;Kim, Hyun-Hoo;Yi, Jun-Sin
    • Journal of the Korean Institute of Electrical and Electronic Material Engineers
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    • v.29 no.8
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    • pp.461-465
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    • 2016
  • n-type silicon shows the better tolerance towards metal impurities with a higher minority carrier lifetime compared to p-type silicon substrate. Due to better lifetime stability as compared to p-type during illumination made the photovoltaic community to switch toward n-type wafers for high efficiency silicon solar cells. We fabricated the front electrode of the n-type solar cell with AgAl paste. The electrodes characteristics of the AgAl paste depend on the contact junction depth that is closely related to the firing temperature. Metal contact depth with p+ emitter, with optimized depth is important as it influence the resistance. In this study, we optimize the firing condition for the effective formation of the metal depth by varying the firing condition. The firing was carried out at temperatures below $670^{\circ}C$ with low contact depth and high contact resistance. It was noted that the contact resistance was reduced with the increase of firing temperature. The contact resistance of $5.99m{\Omega}cm^2$ was shown for the optimum firing temperature of $865^{\circ}C$. Over $900^{\circ}C$, contact junction is bonded to the Si through the emitter, resulting the contact resistance to shunt. we obtained photovoltaic parameter such as fill factor of 76.68%, short-circuit current of $40.2mA/cm^2$, open-circuit voltage of 620 mV and convert efficiency of 19.11%.

Performance Evaluation of RC Slabs Strengthened by Stiff Type PolyUrea (경질형 폴리우레아로 보강된 RC 슬래브의 성능 평가)

  • Park, Jeong Cheon;Lee, Sang Won;Kim, Sung Bae;Kim, Jang-Ho Jay
    • KSCE Journal of Civil and Environmental Engineering Research
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    • v.31 no.6A
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    • pp.457-464
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    • 2011
  • An experimental study was performed to evaluate the possibility of using stiff type PolyUrea(PU) on RC slab as a strengthening material. Stiff type PU(STPU) was sprayed on the bottom surface of the slab specimens, which were then attached with CFRP or GFRP sheets. Also the evaluation of the bond capacity, the single most influential parameter on strengthening of RC structures, was carried out the flexural capacity evaluation test results showed that the load carrying capacity of the PU specimen was greater and less than the unstrengthened and FRP sheet attached specimens, respectively. The STPU specimens showed a ductile flexural behavior in the plastic displacement range. With respect to bond capacity, the bond strength of all of the specimen exceeded the code required bond strength of 1.5 MPa. Also, the STPU sprayed specimen without using epoxy resin did not peel off when the tensile grip was applied for testing. The stability of the PU bond failure indicate a good bond strength of PU when applied to concrete.

Understanding the Mechanism of Indomethacin-Saccharin Co-crystal Formation Using In-line Monitoring System based on PVM and FBRM (PVM 및 FBRM 기반 인라인 모니터링을 통한 indomethacin-saccharin 공결정의 생성 메커니즘이해)

  • Kim, Paul;Cho, Min-Yong;Choi, Guang J.
    • Korean Chemical Engineering Research
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    • v.55 no.2
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    • pp.180-189
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    • 2017
  • Pharmaceutical co-crystals primarily to improve the solubility as well as stability of insoluble drug are to be investigated more intensively for IMDs as US FDA has reclassified co-crystal as a special case of solvates in August this year. In this study, we proposed a mechanism of indomethacin-saccharin co-crystal formation and the creation of transient indomethacin meta-stable form using in-line monitoring tools with the addition rate of anti-solvent as a critical process parameter. Among various instruments, we combined PVM (particle vision measurement) and FBRM (focused beam reflectance measurement) for the in-line monitoring of anti-solvent co-crystallization process. The off-line characterization of resulting powders was carried out employing the PXRD (powder x-ray diffraction) and DSC (differential scanning calorimeter). It was observed that the pathway to the final IMC-SAC co-crystal was significantly dependent upon the anti-solvent addition rate. The process conditions to obtain high quality co-crystal powder effectively were established. Consequently, we concluded that in-line monitoring combing the PVM and FBRM should be useful for the in-line monitoring of pharmaceutical co-crystallization processes.

A Study on the Manoeuvrability as Function of Stern Hull Form in Shallow Water (선미형상을 고려한 천수역에서의 조종성능에 관한 연구)

  • Lee, Sungwook
    • Journal of the Korean Society of Marine Environment & Safety
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    • v.21 no.5
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    • pp.552-557
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    • 2015
  • A numerical simulation studies were performed to investigate a manoeuvring characteristics as function of stern hull form with the mathematical model. In order to consider the effect of the stern hull form and obtain the manoeuvring characteristics, a parameter($C_{wa}$) which is aft. water plane area coefficient is modified. Because modifying $C_{wa}$(${\pm}2%$) means that the stern hull form is modified to V-type or U-type, the numerical simulation was performed with this modified $C_{wa}$. A changing trend for the manoeuvring characteristics not only in deep water but also in shallow water such as directional stability, turning and zig-zag was investigated and presented as the results. Present study showed that the manoeuvrability in shallow water largely changed when the draught and water depth ratio(=d/H) become 0.5, and the stern hull form can affect to the manoeuvrability of a vessel navigating in restricted water depth. In addition, it showed that approaching the stern hull to U-type makes the advance and tactical diameter of turning motion large and the overshoot angle of zig-zag motions small. Otherwise, it showed approaching the stern hull form to V-type makes the advance and tactical diameter of turning motion small and the overshoot angle of zig-zag motions large in the present study.

Physical Properties of Dough with Bamboo Leaf Powder (죽엽 분말을 첨가한 반죽의 물리적 특성)

  • Hwang, Su-Jung
    • Food Science and Preservation
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    • v.18 no.4
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    • pp.517-526
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    • 2011
  • The physical properties of dough with different levels (2, 4, 6, and 8%) of bamboo leaf powder were inverstigated. The bamboo leaf powder had a moisture content of 5.15%, a crude protein content of 10.48%, a crude fat content of 5.21%, a crude fiber content of 22.74%, and a crude ash content of 17.63%. The following parameters showed significant differences with the increase in the amount of bamboo leaf powder added. The gelatinization degree measured by a rapid visco-analyzer increased with the increase in the powder amount added. In the values of the farinogram parameter for dough consistency, the elasticity of the dough increased with the increase in the powder amount added. The alveogram values showed a similar tendency as those of the farinogram in terms of elasticity, absorption rate, absorption time and stability. In the rheofermentometer analysis, the volume decreased with the increase in the powder amount added, but no significant difference was found at up to 4% powder amount addition, suggesting that the about 2% and up to 4% powder amount addition is moderate.

A Study on Tracking Control of Omni-Directional Mobile Robot Using Fuzzy Multi-Layered Controller (퍼지 다층 제어기를 이용한 전방향 이동로봇의 추적제어에 관한 연구)

  • Kim, Sang-Dae;Kim, Seung-Woo
    • Journal of the Korea Academia-Industrial cooperation Society
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    • v.12 no.4
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    • pp.1786-1795
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    • 2011
  • The trajectory control for omni-directional mobile robot is not easy. Especially, the tracking control which system uncertainty problem is included is much more difficult. This paper develops trajectory controller of 3-wheels omni-directional mobile robot using fuzzy multi-layered algorithm. The fuzzy control method is able to solve the problems of classical adaptive controller and conventional fuzzy adaptive controllers. It explains the architecture of a fuzzy adaptive controller using the robust property of a fuzzy controller. The basic idea of new adaptive control scheme is that an adaptive controller can be constructed with parallel combination of robust controllers. This new adaptive controller uses a fuzzy multi-layered architecture which has several independent fuzzy controllers in parallel, each with different robust stability area. Out of several independent fuzzy controllers, the most suited one is selected by a system identifier which observes variations in the controlled system parameter. This paper proposes a design procedure which can be carried out mathematically and systematically from the model of a controlled system; related mathematical theorems and their proofs are also given. Finally, the good performance of the developed mobile robot is confirmed through live tests of path control task.