• Title/Summary/Keyword: the estimation of policy

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The Nexus between FDI and Growth in the SAARC Member Countries

  • Jun, Sangjoon
    • East Asian Economic Review
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    • v.19 no.1
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    • pp.39-70
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    • 2015
  • This paper examines the effects of foreign direct investment (FDI) on South Asian economies' output growth, utilizing recent panel cointegration testing and estimation techniques. Annual panel data on eight SAARC (South Asian Association for Regional Cooperation) member countries' macroeconomic variables over the period 1960- 2013 are employed in empirical analysis. Using various heterogeneous panel cointegration and panel causality tests, a bi-directional relationship between FDI and growth is found. We find evidence for both FDI-led growth and growth-induced FDI hypotheses for the South Asian economies over the sample period. Individual member countries exhibit heterogeneity in terms of the direction or existence of causality subject to their idiosyncratic economic conditions. Among various regressors, FDI, financial development, human capital, and government consumption show the most significant positive effects on output growth. As determinants of FDI, GDP, financial development, human capital, and government consumption are found significant in the region. The bi-directional causality between FDI and growth is found robust to the inclusion of other control variables and using different estimation techniques.

Estimation for the half triangle distribution based on Type-I hybrid censored samples

  • Kang, Suk-Bok;Cho, Young-Seuk;Han, Jun-Tae
    • Journal of the Korean Data and Information Science Society
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    • v.20 no.5
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    • pp.961-969
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    • 2009
  • A hybrid censoring is a mixture of Type-I and Type-II censoring schemes. This paper deals with estimation based on Type-I hybrid censored samples from the half triangle distribution. We derive some estimators of the scale parameter of the half triangle distribution based on Type-I hybrid censored samples. We compare the proposed estimators in the sense of the mean squared error for various censored samples.

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Social Costs Estimation to Evaluate Urban Trip Activity - An application of student housing and social costs analysis for urban planning - (사회적 비용을 이용한 이동 행위 평가 모델 - 기숙사의 위치와 사회적 비용의 상관관계 분석을 통한 도시 계획으로의 활용방안 고찰 -)

  • Shin, Dongyoun;Song, Yu-Mi;Kim, Sung-Ah
    • Journal of KIBIM
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    • v.6 no.2
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    • pp.19-28
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    • 2016
  • Social costs analysis seeks to reveal the environmental effects of transportation policy. It delivers a sense of the effects of the public's daily travel and the costs that are or would be incurred from individual trips. Moreover, the accumulated total number of trips will uncover the effects of travel on society. This article shows the quantitative analysis of the economic outcomes of travel using social costs estimation methods. In order to support urban planning tasks, this research implemented analysis tool for social costs estimation by travel behavior. For a case study, a jave based application which can convert people's trip data into social costs is developed. the application used for simulating student-housing effects by estimating social costs changes. The analysis included the attributes, building scale and locational changes of the student housing as well as transforms of the students' trips.

Decision Tree State Tying Modeling Using Parameter Estimation of Bayesian Method (Bayesian 기법의 모수 추정을 이용한 결정트리 상태 공유 모델링)

  • Oh, SangYeob
    • Journal of Digital Convergence
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    • v.13 no.1
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    • pp.243-248
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    • 2015
  • Recognition model is not defined when you configure a model, Been added to the model after model building awareness, Model a model of the clustering due to lack of recognition models are generated by modeling is causes the degradation of the recognition rate. In order to improve decision tree state tying modeling using parameter estimation of Bayesian method. The parameter estimation method is proposed Bayesian method to navigate through the model from the results of the decision tree based on the tying state according to the maximum probability method to determine the recognition model. According to our experiments on the simulation data generated by adding noise to clean speech, the proposed clustering method error rate reduction of 1.29% compared with baseline model, which is slightly better performance than the existing approach.

Performance Estimation of AS/RS using M/G/1 Queueing Model with Two Queues (M/G/l 대기모델을 이용한 자동창고 시스템의 성능 평가)

  • Lee, Moon-Hwan;Lim, Si-Yeong;Hur, Sun;Lee, Young-Hae
    • Proceedings of the Korean Operations and Management Science Society Conference
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    • 2000.10a
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    • pp.59-62
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    • 2000
  • Many of the previous researchers have been studied for the performance estimation of an AS/RS with a static model or computer simulation. Especially, they assumes that the storage/retrieval (S/R) machine performs either only single command (SC) or dual command (DC) and their requests are known in advance. However, the S/R machine performs a SC or a DC. or both or becomes idle according to the operating policy and the status of system at an arbitrary point of time. In this paper, we propose a stochastic model for the performance estimation of a unit-load AS/RS by using a M/G/1 queueing model with a single-server and two queues. Expected numbers of waiting storage and retrieval commands, and the waiting time in queues for the storage and retrieval commands are found

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M/G/1 Queueing Model for the Performance Estimation of AS/RS (자동창고시스템의 성능평가를 위한 M/G/1 대기모형)

  • Lim, Si-Yeong;Hur, Sun;Lee, Moon-Hwan;Lee, Young-Hae
    • Journal of Korean Institute of Industrial Engineers
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    • v.27 no.1
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    • pp.111-117
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    • 2001
  • Most of the techniques for the performance estimation of unit-load AS/RS are a static model or computer simulation. Especially, their models have been developed under the assumption that the Storage/Retrieval (S/R) machine performs either single command(SC) or dual command(DC) only. In reality, depending on the operating policy and the status of the system at a particular time, the S/R machine performs a SC or a DC, or becomes idle. In order to resolve this weak point, we propose a stochastic model for the performance estimation of unit-load ASIRS by using a M/G/1 queueing model with a single server and two queues. Server utilization, expected numbers of waiting storage and retrieval commands and mean time spent in queue and system are found.

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Study on vertical variation of horizontal wind energy resources distribution using clustering analysis (군집분석을 통한 풍력자원 수평 공간 분포의 연직 변화에 관한 연구)

  • Kim, Min-Jung;Lee, Hwa-Woon;Lee, Soon-Hwan;Kim, Dong-Hyuk;Jung, Woo-Sik;Kim, Hyun-Goo
    • 한국신재생에너지학회:학술대회논문집
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    • 2009.06a
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    • pp.554-556
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    • 2009
  • Wind classification for exact estimation of wind energy resources was carried out using numerically simulated wind data for three years. The MM5(a fifth-generation Mesoscale Model), developed at Penn State University and the National Center for Atmospheric Research (NCAR), was used to estimate the wind fields in this study. We also use a variant of the K-mean clustering to classify the wind district and define the relation between districts. Wind estimated at surface and 100 m high at Busan area is classified into the 10 and 7 classes, respectively. These discrepancies of wind districts pattern at surface and upper air meteorological data indicates the quantity of wind resources can be changed according to the level of wind data used in estimation. Therefore, the estimation of wind district classification by reasonable wind data is utilized to build the effective policy for wind energy dissemination.

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Impact of Channel Variations and Channel Estimation Errors on the Error Performance of Convolutional Coded STBC Systems (길쌈 부호화 시공간 블록 부호 시스템의 오류 성능에 대한 채널 변화 및 채널 추정 오류의 영향)

  • Yun, Eunsik;Kim, Sun-Hyung;Park, Sangjoon;Kang, Byeong-Gwon
    • Journal of Digital Convergence
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    • v.16 no.5
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    • pp.231-237
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    • 2018
  • This paper investigates the impact of the channel variations and channel estimation errors on the error performance of convolutional coded STBC systems. We consider the orthogonal Almouti STBC and the quasi-orthogonal Jafarkhani STBC, and the error performance of the convolutional coded STBC system is investigated according to the channel variation and channel estimation error via numerical simulations. Simulation results show that, if the channel variation speed is slow, time diversity effects improve the error performance compared to the static-channel cases. However, if the channel variation speed is fast, unlike ZF or MMSE detection, the conventional STBC detection has the significant performance degradation especially with the quasi-orthogonal Jafarkhani STBC. Further, the error performance of the system is significantly degraded as the channel estimation errors become stronger, regardless of the detection scheme and channel variation speed.

Equivalence between Increasing Returns and Comparative Advantage as the Determinants of Intra-industry Trade: An Industry Analysis for Korea

  • Lee, Honggue
    • East Asian Economic Review
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    • v.22 no.1
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    • pp.75-114
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    • 2018
  • A two-part model is estimated to see if increasing returns and comparative advantage are empirically equivalent in explaining intra-industry trade. The model has separate mechanisms for determining the occurrence and the extent of intra-industry trade. Estimation is based on an augmented Grubel-Lloyd index derived from the data set on SITC 7 goods at the 3-digit SITC (Revision 4) for country pairs in which Korea is fixed as a source country. Estimation results show that both increasing returns and comparative advantage can explain the occurrence and the extent of intra-industry trade.

The Role of FDI in Economic Development in Vietnam + 5 Nations: Empirical Evidence between 1986-2020

  • Long Ma, LE
    • The Journal of Asian Finance, Economics and Business
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    • v.10 no.2
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    • pp.203-212
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    • 2023
  • This research work aims to investigate the role of FDI in Economic Development by assessing its relationship with GDP per capita in Vietnam +5 from 1986-2020. Through descriptive statistical, correlation matrix analysis, and econometric models, including Vector Error Correction Model (VECM) and Feasible Generalized Least Squares (FGLS) estimation methods using Stata 15.1. The VECM estimation method results show that FDI positively impacts Economic Development in the short run while not finding a long-run relationship. In addition, it is found that a clear relationship between Exports and Economic Development in both the short run and the long run. Meanwhile, CO2 emissions and Employment Opportunities have no clear relationship with Economic Development in the short run. However, the relationship is reversed in the long run, as the empirical study in Vietnam. The results of the FGLS estimation method show that FDI, CO2 emissions, and Exports have a significant and positive impact on Economic Development in five selected Southeast Asian countries without Employment Opportunities in the long run. From these findings, the author proposes some policy implications of attaching FDI to sustainable Economic Development in Vietnam next time.