• Journal of Korean Society for Quality Management
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• v.41 no.1
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• pp.1-14
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• 2013

Purpose: The purpose of this research was to investigate the spread pattern of Korean legal certification systems and their impact on industry performance. Methods: It first analyzes the life cycle of legal certification systems and classifies them into four categories based on the spread patterns in a chronological view. A survey study is then conducted to find out the impact of legal certification systems on financial performance. Both the legal mandatory certification systems and the legal voluntary certification systems are included in the survey. Results: Four spread patterns of legal certification systems are sustainable growth, stagnation after growth, decrease after growth, and repetition of growth and declination. 56% of 293 certified corporations responded positively about the financial impact of their certification systems. Conclusion: The policy makers can utilize the results of this study in designing additional certification systems as well as promoting the current legal certification systems.

• Genomics & Informatics
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• v.20 no.2
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• pp.22.1-22.9
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• 2022

The rise of newer coronavirus disease 2019 (COVID-19) variants has brought a challenge to ending the spread of COVID-19. The variants have a different fatality, morbidity, and transmission rates and affect vaccine efficacy differently. Therefore, the impact of each new variant on the spread of COVID-19 is of interest to governments and scientists. Here, we proposed mathematical SEIQRDVP and SEIQRDV3P models to predict the impact of the Omicron variant on the spread of the COVID-19 situation in South Korea. SEIQEDVP considers one vaccine level at a time while SEIQRDV3P considers three vaccination levels (only one dose received, full doses received, and full doses + booster shots received) simultaneously. The omicron variant's effect was contemplated as a weighted sum of the delta and omicron variants' transmission rate and tuned using a hyperparameter k. Our models' performances were compared with common models like SEIR, SEIQR, and SEIQRDVUP using the root mean square error (RMSE). SEIQRDV3P performed better than the SEIQRDVP model. Without consideration of the variant effect, we don't see a rapid rise in COVID-19 cases and high RMSE values. But, with consideration of the omicron variant, we predicted a continuous rapid rise in COVID-19 cases until maybe herd immunity is developed in the population. Also, the RMSE value for the SEIQRDV3P model decreased by 27.4%. Therefore, modeling the impact of any new risen variant is crucial in determining the trajectory of the spread of COVID-19 and determining policies to be implemented.

• Proceedings of the KSME Conference
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• 2007.05b
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• pp.2067-2072
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• 2007

Understanding of the impinging behavior of an electrically charged spray is essential in determining appropriate operating conditions for electro-spraying of paints, surface coating materials and insecticides. In the present work, as an initial step, the wall impact of an electrically charged droplet has been experimentally investigated. The charged drops were directed on the surface of a paraffin wax, and the impinging behavior was visualized and recorded using a CCD camera to identify the impingement regime. The spread-rebound boundary for the charged drop turned out to be smaller compared to that for an electrically neutral droplet under the same surface condition. The shift of the transition criterion is considered to be due to the discrepancy between the maximum spread ratio of the electrically charged droplet and that of the neutral droplet.

• Transactions of the Korean Society of Mechanical Engineers B
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• v.28 no.9
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• pp.1093-1100
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• 2004

Numerical analysis of the heat transfer associated with droplet impact on a hot solid surface is performed by solving the equations governing conservation of mass, momentum and energy in the liquid and gas phases. The deformed droplet shape is tracked by a level set method which is modified to achieve volume conservation and to include the effect of contact angle at the wall. The numerical method is validated through the calculations for the cases reported in the literature. Based on the numerical results, the heat transfer rate is found to depend strongly on the droplet spread radius. Decreased advancing/receding contact angles enlarge the splat radius and in turn enhance the wall heat flux. The effect of impact velocity on the droplet spread is reduced as the droplet size decreases. Also, droplet atomization is observed to significantly enhance the heat transfer rate and the effect is pronounced for a smaller size of droplet. An existing model equation to predict the maximum spread radius is improved for application to a micro droplet.

• Asia-Pacific Journal of Business
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• v.14 no.3
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• pp.221-240
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• 2023

Purpose - This paper investigates how business cycle impacts on corporate credit spreads since global financial crisis. Furthermore, it tests how the impact changes by the phase of the cycle. Design/methodology/approach - This study collected dataset from Barclays Global Aggregate Bond Index through the Bloomberg. It conducted multi-regression analysis by projecting business cycle using Hodrick-Prescott filtering and various cyclical variables, while ran dynamic analysis of 5-variable Vector Error Correction Model to confirm the robustness of the test. Findings - First, it proves to be statistically significant that corporate credit spreads have moved countercyclicaly since the crisis. Second, It indicates that the corporate credit spread's countercyclicality to the macroeconomic changes works symmetrically by the phase of the cycle. Third, the VECM supports that business cycle's impact on the spreads maintains more sustainably than other explanatory variable does in the model. Research implications or Originality - It becomes more appealing to accurately measure the real economic impact on corporate credit spreads as the interaction between credit and business cycle deepens. The economic impact on the spreads works symmetrically by boom and bust, which implies that the market stress could impact as another negative driver during the bust. Finally, the business cycle's sustainable impact on the spreads supports the fact that the economic recovery is the key driver for the resilience of credit cycle.

• Proceedings of the KSME Conference
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• 2008.11b
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• pp.2995-3000
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• 2008

Understanding of the impinging behavior of an electrically charged spray is essential in determining appropriate operating conditions for electro-spraying of paints, surface coating materials and insecticides. In the present work, the wall impact behavior of an electrically charged drop has been investigated and compared with that of a neutral drop experimentally. The critical Sommerfeld number representing the spread-splash boundary for the charged drop impacting on the dielectric substrate turned out to be larger compared to that for the neutral drop with the same surface condition. The change of the transition boundary is due to the increase in the surface wettability of the drop on the substrate. However, with the electrically conducting substrates, the charging effect on the transition boundary appeared negligible. This is because the electric discharging time is much shorter than the time required for the flattened drop to reach its maximum extent.

• Journal of Information Technology Services
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• v.14 no.1
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• pp.263-276
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• 2015

As a social being, people can cooperate and control one another through the power of reputation, which is a critical opinion of someone given by others. Nevertheless, there have been obstacles in clarifying the identity of traditional types of reputation, for they are mostly words of mouth passed among members of a society. However, due to dramatic technological advancement and widespread use of the Internet and social media, now we can clearly see and analyze written reputations, which used to be passed only from mouth to mouth. Against this background, this study examines whether a negativity bias-a notion that an event of a more negative nature has a greater effect on one's psychological state than a positive event-applies to spread of reputation online, and examines related factors and effects. To this end, reputation-related online comments left by social media users during the election period of Korea's 6th provincial election on 4 June 2014 were analyzed. For the analysis, a Bass diffusion model was used, which is based on the innovation diffusion theory. The analysis results confirmed that, at online forum, negative reputations spread more quickly and more widely than positive ones, had a greater impact, and mass media such as online news outlets had a significant influence on spread of reputation online.

• The Journal of Asian Finance, Economics and Business
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• v.7 no.11
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• pp.45-53
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• 2020

Past literatures have not studied the impact of real-world events or information on the return and volatility of virtual currencies, particularly on the COVID-19 event, day-of-the-week effect, daily high-low price spreads and information flow rate. The study uses the ARMA-GARCH model to capture Bitcoin's return and conditional volatility, and explores the impact of information flow rate on conditional volatility in the Bitcoin market based on the Mixture Distribution Hypothesis (Clark, 1973). There were 3,064 samples collected during the period from 1^st of January 2012 to 20^th April, 2020. Empirical results show that in the Bitcoin market, a daily high-low price spread has a significant inverse relationship for daily return, and information flow rate has a significant positive relationship for condition volatility. The study supports a significant negative relationship between information asymmetry and daily return, and there is a significant positive relationship between daily trading volume and condition volatility. When Bitcoin trades on Saturday & Sunday, there is a significant reverse relationship for conditional volatility and there exists a day-of-the-week volatility effect. Under the impact of COVID-19 event, Bitcoin's condition volatility has increased significantly, indicating the risk of price changes. Finally, the Bitcoin's return has no impact on COVID-19 events and holidays (Saturday & Sunday).

• Journal of Korea Port Economic Association
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• v.38 no.4
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• pp.187-198
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• 2022

This study attempted to examine whether the spread of infectious diseases and quarantine measures such as border blockade and restrictions on movement due to the global spread of the COVID-19 pandemic is the cause of a decrease in product trade. To this end, a gravity model analysis was conducted using commodity trade statistics from Korea and major trading partners. As a result of the analysis, it was empirically confirmed that in 2020, the time of the spread of COVID-19, the influence of the COVID-19 pandemic was an obstacle to reducing Korea's trade. However, in the case of 2021, it was not possible to confirm whether the impact of the pandemic had a significant effect on commodity trade. As the impact of the COVID-19 pandemic in 2020 and 2021 is different, the commodity trade situation in 2022 when the COVID-19 epidemic is stably managed is also likely to change. Since factors such as response to COVID-19 and the spread of vaccines vary from country to country, it is thought that such various factors should be fully considered in the process of establishing policies to end the COVID-19 era

• Journal of ILASS-Korea
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• v.12 no.4
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• pp.198-203
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• 2007

In the present work, surface wetting effect on spread-splash regime and transition criterion of the water and ethanol droplets impacting an unheated dry wall has been experimentally investigated. The droplet was directed on a polished STS plate and a glass slide, and the impinging behavior was visualized and recorded using a CCD camera. Droplet diameter and velocity approaching the wall were measured as well. The critical Sommerfeld number representing the spread-splash boundary for the ethanol droplet impinging on the substrates turned out to be smaller compared to that for the water droplet impinging on the substrates with the surface roughness condition remained unchanged. The shift of the transition boundary is considered to be due to the effect of the surface wettability represented by static contact angle and surface tension of droplet.