• 제목/요약/키워드: the USA

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Relationship Between Stock Price Indices of Abu Dhabi, Jordan, and USA - Evidence from the Panel Threshold Regression Model

  • Ho, Liang-Chun
    • 산경연구논집
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    • 제4권2호
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    • pp.13-19
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    • 2013
  • Purpose - The paper tested the relationship between the stock markets of the Middle East and the USA with the oil price and US dollar index as threshold variables. Research design, data, and methodology - The stock price indices of the USA, the Middle East (Abu Dhabi, Jordan), WTI spot crude oil price, and US dollar index were daily returns in the research period from May 21, 2001 to August 9, 2012. Following Hansen (1999), the panel threshold regression model was used. Results - With the US dollar index as the threshold variable, a negative relationship existed between the stock price indices of Jordan and the USA but no significant result was found between the stock price indices of Abu Dhabi and the USA. Conclusions - The USA is an economic power today:even if it has a closer relationship with the US stock market, the dynamic US economy can learn about subsequent developments and plan in advance. Conversely, if it has an estranged relationship with the US stock market, thinking in a different direction and different investment strategies will achieve good results.

STUDY OF COMPARATIVE MILK PRODUCTION AND REPRODUCTION OF JERSEY CATTLE UNDER USA AND PAKISTAN CONDITIONS

  • Nawaz, M.;Anwar, M.;Mirza, M.A.;Nawaz, R.
    • Asian-Australasian Journal of Animal Sciences
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    • 제6권4호
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    • pp.549-553
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    • 1993
  • In 1985, fifty Jersey cows were imported to Pakistan from United States of America (USA). This paper compares milk production and reproduction performance of imported cows and their daughters under USA and Pakistan conditions. The imported cows which had yielded 5,858 kg, of milk (305 d lactation) in the USA produced only 3,192 kg, at NARC. The milk production of their daughters averaged 2,617 kg, being 22% lower than their mothers under the same environment at NARC. Year and season of calving had no significant effects on milk production. Average milk production of the first lactation was 10% lower than the mean of the second, third and fourth lactations, but, the differences between lactation means were non-significant. Mean calving interval in the USA was 385 days, whereas the same cows had a longer (p<.01) calving interval of 490 days at NARC. The calving interval of the daughters was longer (452 d; p<.01) than their mothers calving interval in the USA, and shorter (p<.01) than their mothers calving interval in Pakistan. The low age at first calving suggests that locally born Jersey cows were not reproductively disadvantaged by the local environment and nutrition, suggesting the adaptability of this breed in the new environment.

미국의 지하수 제도와 국내 지하수 관리에의 시사점 -캘리포니아 및 텍사스 주를 중심으로- (Groundwater Polices of the USA and Their Implications to Groundwater Management in Korea -Examples of California and Texas States-)

  • 이병선;송성호;김원석
    • 한국지하수토양환경학회지:지하수토양환경
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    • 제22권5호
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    • pp.1-12
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    • 2017
  • This study reviewed the groundwater policies of USA as a benchmarking for the purpose of improving groundwater polices, regulations, and plans in Korea. Each state of the USA has its own unique groundwater policies. Recently, severe drought in the western parts of the USA resulted in the launch of the California Statewide Groundwater Elevation Monitoring (CASGEM) program. CASGEM classified a total of 515 alluvial groundwater basins of the California State to four prior groups (high, medium, low, and very low prioritization). In Texas, a total of 101 Groundwater Conservation Districts (GCDs) over the state has controlled groundwater pumping amounts in their own management areas and 16 Groundwater Management Areas (GMAs) over the state have directly managed groundwater aquifer. Direct management for aquifers by GMAs would be the most scientific method for groundwater management, which expected to provide water consumers the more advavnced groundwater service. These groundwater management strategies of the USA can be possibly considered in groundwater plans for national and local governmental authorities, which possibly results in more optimal groundwater management in Korea.

Analysis of International Competitiveness in the Aircraft Industry

  • Lee, Jae-Sung
    • 동아시아경상학회지
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    • 제6권1호
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    • pp.31-41
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    • 2018
  • Purpose - The main target to do this analysis is to find out the competitiveness between 2 countries (China and USA) in the aircraft business industry. The main target about mentioned research is to find out how a certain country takes more advantage against the other partner country in the country's trade structure. Research design, data, and methodology - Mentioned research period ranges from 1995 to 2016. Research basic data are coming from UN COMTRADE database which is top of top in the world statistical data and Research methods are used 3 types of international trade related theory for credible data outcomes. Results - Even though general data about aircraft industry are open to world society, detailed classified data are not easy to get them. Generally, Both China & USA are not easy to obtain data especially, in the overseas production field as a business secret which is one of research limitation in every research scopes. Conclusions - Even though Chinese aircraft industry looks like strong and more advantage against those of other countries based on competitive labor work wages and low price of raw material and resources, Actually, USA has overwhelmingly dominant advantage against that of China in the field of aircraft industry because USA has abundant capitals and up-to-date advanced high-technology as top of world economic communities. Additionally, even if USA aircraft industries hold a dominant position so far, if USA proposes sound competition relationship with China about aircraft industry, both 2 countries' future will be bright as their cooperation will make synergy effects for mutual benefits under current circumstances in 2 countries.

A Study on Competitiveness in the Aircraft Industry

  • Lee, Jae-Sung
    • 동아시아경상학회지
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    • 제7권3호
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    • pp.49-61
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    • 2019
  • Purpose - This study shows that which country has more competitiveness in aerospace industry. The reason why author choose aerospace industry for research is aerospace industry is one of major business in every country in the world instead of infant industry. Research design and methodology - In order to research this topic, there are 3 tools to analyze competitiveness in aerospace industry. To achieve analysis of competitiveness between USA and England, UN comtrade program which provides huge database including time serial data. Results - All of TSI are over zero (0) which means that from 2000 to 2018, USA aerospace industry is export specialization as USA aerospace industry has comparative advantage against England aerospace industry. All of TSI in USA are approaching to figure +1 as export specialization except 2010. Conclusions - Even though RCA value in 2000 is 6.313, however, when time goes by and they are 8.997 in 2005, 8.007 in 2010 and 8.389 in 2015 respectively and RCA value is slightly going down as figure 7 in 2018. we review above market share analysis data, USA has overpoweringly superior competitive power against British aerospace industry.

The Floating Drilling, Production, Storage, and Offloading Vessel for the Large Deepwater Field Development

  • John Halkyard;Park, Guibog;Igor Prislin;Atle Steen;Phil Hawley
    • International Journal of Ocean Engineering and Technology Speciallssue:Selected Papers
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    • 제3권1호
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    • pp.1-7
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    • 2000
  • A new alternative for large deepwater field development is described. This "Oil Box" (aka "Box Spar") is a multifunction vessel capable of floating drilling, production, storage and offloading (FDPSO). It is distinguished from other Floating Production, Storage and Offloading (FPSO) vessels by its unique hull form and oil storage system. It's main advantages are flexibility derived from the floatover deck option, use of proven top tensioned riser technology, and motion characteristics which make it operable in a wide range of environmental conditions.

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한·미 FTA의 콘텐츠산업 수출입 효과 분석 (The Analysis on the Export and Import Performance in the Korea Content Industry of the Korea-USA FTA)

  • 정상철;고정민
    • 문화경제연구
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    • 제21권2호
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    • pp.29-51
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    • 2018
  • 2012년에 한미 FTA가 발효되었으며 콘텐츠산업분야에서 역대 FTA 중 가장 많은 부분에서 시장개방이 이루어졌다고 평가받고 있다. 본 연구는 한미 FTA 체결에 따른 콘텐츠산업분야의 시장개방 효과의 하나로 수출입 효과를 실증적으로 분석하였다. 이는 정책적으로는 한류로 대표되는 한국 콘텐츠산업의 대외경쟁력이 FTA와 어느 정도 연관성이 있는 것인지에 대한 의미있는 해석을 도출한다. 이를 위해 1차적으로는 ANOVA 분석을 통해 평균적인 FTA 효과 유무를 추정하고, 이후 다른 요인들이 통제된 후 직접적인 FTA 효과 추정을 위해 회귀분석을 실시하였다. 한미 FTA로 인해 미국산 콘텐츠가 국내 시장을 잠식할 것이라는 우려와는 달리, 콘텐츠 수입측면에서는 통계적으로 유의한 변화가 발생하지 않았다. 콘텐츠 수출은 한 미 FTA협정 발효 후에 오히려 증가하여 대미 수출액에 통계적 유의미한 변화가 있었지만 한 미 FTA체결에 따른 효과가 아니라 그 외적인 변수들로 인해 수출액이 증가했다는 해석이 회귀분석을 통해 알 수 있었다. 실제 한 미 FTA협정의 콘텐츠산업 분야에서의 시장개방의 하나인 외국제작물의 편성비율 조정이 별다른 의미를 갖지 못했고 국내 제작물의 편성비율이 오히려 증가한 것을 보면 국내 콘텐츠의 전체적인 시장경쟁력이 높아졌고, 그 결과로 대미 수출이 증가한 것으로 볼 수 있다.