본 연구에서는 글로벌 회사채 포트폴리오의 신용위험(부도확률지표)에 대한 신용스프레드(OAS: 시장지표)의 선행성 여부 및 선행성 정도를 분석하였다. 두 지표를 회귀변수로 하는 시차상관성 분석 및 패널 회귀분석 결과 회사채 신용위험에 대해 시장지표가 유의한 선행성을 갖는 것으로 나타났다. 이는 시장을 통해 신용위험 변화를 실시간 반영하는 시장지표가 해당 회사채의 신용위험 변화를 빠르게 포착하기 때문으로 풀이된다. 일일 데이터로 측정한 시장지표의 신용위험 시그널링 효과는 신용스프레드가 대체로 0.5개월 이후의 부도확률 악화를 가장 잘 설명하는 것으로 나타났다. 시장상황에 따라서도 선행성의 크기가 달리 나타났는데, 시장스트레스 시기일수록 높 은 변동성으로 인해 신용위험 변화에 시장지표가 더 민감하게 반응함으로써 동 시그널링 효과가 더 큰 것으로 분 석되었다. 금융복합성 증가 등으로 시장위험과 신용위험간 경계가 모호해지는 최근 흐름을 감안할 때 시장지표의 활용을 통해 신용리스크관리의 선제적 대응력을 높일 필요성이 더욱 커졌으며, 특히 시그널링 효과가 큰 시장스 트레스기 일수록 시장지표의 활용에 무게를 둘 필요가 있다.

본 연구에서는 탄소 나노재료 중 환원된 그래핀 옥사이드와 전도성 고분자중 폴리아닐린을 복합화 하여 슈퍼커패시터용 전극을 제조하였으며, 각각의 전극 재료가 가지는 단점을 서로 보완하고 장점을 극대화시킴으로써 전극의 전기화학적 특성을 크게 향상 시킬 수 있었다. 전극 물질에 사용된 폴리아닐린은 아닐린 단량체를 화학 중합법으로 제조하였고, 환원된 그래핀 옥사이드는 별도의 전 처리 과정 없이 사용 하였으며, DMF(N,N-dimethyl formamide)를 용매로 도입하여 분산용액을 제조하였다. 분산용액은 금이 코팅된PET(Polyethylene terephthalate) 기판위에 산업적 스케일로 적용이 가능한 스프레이 코팅 방법을 이용하여 전극으로 제조하였다. 환원된 그래핀 옥사이드/폴리아닐린 복합재료를 기반으로 제조된 전극의 전기화학적 특성을 비교하기 위하여 환원된 그래핀 옥사이드와 폴리아닐린 단일 전극을 제조하였으며, 동일 한 조건하에서 순환전압전류법, 임피던스 분광법, 정전류 충·방전법을 통하여 각각의 전극이 나타내는 전기 화학적 특성을 비교·분석 하였다. 그 결과로, 환원된 그래핀 옥사이드/폴리아닐린 복합재료를 기반으로 제조된 전극은 폴리아닐린, 환원된 그래핀 옥사 단일 전극에 비하여 전기 용량 값이 높게 나타났으며, 전해질 계면과의 내부 저항은 폴리아닐린, 환원된 그래핀 옥사이드 단일 전극에 비하여 각각 24 %, 58 % 감소하는 결과를 나타내었다. 이러한 결과로 미루어보아 본 연구를 통하여 제조된 환원된 그래핀 옥사이드/폴리 아닐린 복합재료 기반의 전극은 유연성 에너지 저장 매체나 웨어러블 전자기기에 적용이 가능할 것으로 판단된다.

개발과 보전 간 갈등을 최소화할 수 있는 지속가능한 국토 관리를 위해서는 기본적으로 다양한 생물들의 서식처가 될 수 있는 자연환경 우수지역에 대한 관리가 이루어져야 한다. 자연환경 우수지역에 대한 효율적 관리를 위해서는 자연환경 우수지역 중에서도 법적·제도적으로 보호받지 못하고 개발에 노출된 지역들에 대해 지속적인 현황 파악의 노력이 필요하다. 본 연구에서는 국토환경성평가지도의 환경생태적 평가 결과와 법제적 평가 결과를 활용한 Gap 분석을 통하여 환경생태적으로 자연환경이 우수하나 제도적으로 보호받지 못하는 관리취약지역을 추출하는 방안을 제안하고자 하였다. Gap 분석 결과, 전국토의 4.81%와 국토환경성 평가지도 환경생태적 평가 1등급 지역의 11.22%가 자연환경적으로 우수하나 제도적으로 보호받지 못하는 관리취약지역으로 분석되 었다. 그리고 이러한 대표지역들의 현황을 살펴본 결과, 국토의 계획 및 이용에 관한 법률상 자연녹지지역으로 지정되어 있었으며, 기타법률에 의거 준보전산지, 가축사육제한구역 그리고 인근 학교로 인한 상대보호구역으로 지정된 지역들이었으며, 이러한 관리 취약지역들은 여건만 조성된다면 개발이 발생할 수 있는 지역들이었다. 따라서 이러한 지역들의 보호를 위해 제도적으로 보호할 수 있는 관리 방안을 고려해야 한다. 그리고 이러한 자연환경이 우수한 관리취약지역의 제도적 관리와 보호 대책 마련을 통해 국내 생물다양성을 증진시키고 지속가능한 국토관리가 가능할 것으로 판단된다.

Wood vinegar, an extract from Acer Tegmentosum Maximowicz, was evaluated for its hypoglycemic and anti-diabetic properties by using normal and diabetic rats. The extract was dissolved in water and administered daily for six or seven weeks. In experiment 1, thirty normal Sprague- Dawley (SD) male rats were randomly divided into five treatments of 6 rats each. The treatments were T1 (mineral water), T2 (mineral water), T3 (silver solution), T4 (wood vinegar), and T5 (silver solution + wood vinegar) and diabetes was induced by intravenous injection of streptozotocin except T1. In experiment 2, sixteen diabetic Goto-Kakizaki (GK) male rats were randomly divided into four treatments of 4 rats each. The treatments were T1 (mineral water), T2 (silver solution), T3 (wood vinegar), and T4 (silver solution + wood vinegar). Streptozotocin-induced diabetic rats showed less body weight gain, more food intake and less water consumption as compared with normal non-diabetic rats. Oral administration of wood vinegar resulted in more weight gain, lower blood glucose concentration and urine pH among all the diabetic rats. In experiment 2, diabetic GK rats administrated with wood vinegar showed higher weight gain, food intake and less water intake when compared with control. However, supplementation with wood vinegar did not result in any decrease of blood glucose concentrations. It could be concluded that wood vinegar extracted from Acer Tegmentosum Maximowicz exerted hypoglycemic effect in diabetic-induced normal rats, but not in diabetic GK rats.

Two experiments were conducted to determine the effect of wood vinegar (WV) on the fecal microbes and gas emission in weaned pigs. In Exp. 1, 224 weaned piglets (L×Y×D, 21 d-old, initial BW 6.02 ± 0.52 kg) were assigned to four treatments of different WV levels in randomized completely block design with four replicates (14 piglets/pen) for 28 days, including phases I (0-2 wk) and phase II (3-4 wk). The dietary treatments were 0, 0.1, 0.2 and 0.3% of WV added to a corn-soybean meal basal diet. The concentration of ammonia measured at 0 h and 24 h in feces did not differ among dietary treatments (p>0.05), but it was linearly decreased (p<0.05) in 0.2% and 0.3% addition level measured at 48 h and 72 h. The concentration of hydrogen sulfide had no significant change (p>0.05) within treatments measured at different time. The fecal total bacteria (TBC), Lactobacilli(LAB) and E. coli were measured on 14 d and 28 d. TBC were higher (p>0.05) in WV added treatments than the control. Similar results were obtained for LAB. But E. coli populations were decreased (p<0.05) in treatments added WV compared to control measured on 14 d and 35 d. In Exp. 2, 288 weaned piglets (L×Y×D, 21 d-old, initial BW 6.62 ± 0.31 kg) were assigned to four treatments in a randomized completely block design with four replicates (18 piglets/pen) for 28 days. The dietary treatments were basal diet (negative control, NC), 0.2% organic acid (positive control, PC), 0.2% antibiotic (AT) and 0.2% WV added to a corn-soybean meal basal diet. The fecal total bacteria (TBC), Lactobacilli(LAB) and E. coli were measured on 14 d and 28 d. TBC, LAB and E. coli showed lower counts in pigs fed AT diets than others. In conclusion, these results indicated that wood vinegar could reduce the NH3 concentration of feces and inhibited the growth of harmful bacteria.

In this study 300 weaned pigs (Landrace × Yorkshire × Duroc, 23±3 d of age, 5.56± 1.21 kg initial body weight) were used to study the effect of fungal (Aspergillus oryzae, FSP-A) and fungal + bacteria (Aspergillus oryzae + Bacillus subtilis, FSP-B) fermented soya proteins on their blood hematology, enzymes and immune cell populations. Pigs were allotted to 5 treatments, each comprising of 4 pens with 15 pigs. Basal diets consisted of 15% soyabean meal (Control diet) while for treatment diets SBM was replaced with 3 and 6% of each FSP-A and FSP-B, respectively. The experimental diets were fed from 0 to 14 day after weaning and then a common commercial diet was fed from 15 to 35 day. Blood was collected on 14 and 35 day of experiment and analyzed for hematology, aspartate transaminase (AST), alanine transaminase (ALT) and immune cell populations. At d 14, lower RBC count, Hb and HCT values and higher AST values were noted in pigs fed FSP-A diets when compared with Control and FSP-B fed pigs.Also at d 14 pigs fed 6% FSP-A had lower NE (P<0.05) when compared with those fed 6% FSP-B. The level of FSP influenced the RDW on d 14 and MCHC, MO and MPV on d 35. In addition on d 35, pigs fed 3% FSP-A had lesser NE than those fed 6% FSP -A and Control diet, while pigs fed 6% FSP-B had the highest number of MO compared to other treatments. But there were no differences in the plasma AST and ALT values on d 35. Thus it may be concluded that the FSP either by fungal or fungal + bacterial sources had an influence on the blood hematological status and the populations of immune cells.

A total of 240 weaned pigs (Landrace ×Yorkshire × Duroc, 22±3 d of age, 5.16±0.90 kg initial body weight) were used to study the effect of feeding level of microbial fermented soya protein on their blood hematology, enzymes and immune cell populations. The microbial (Aspergillus oryzae + Bacillus subtilis) fermented soya protein (FSP) was used. Pigs were allotted to four dietary treatments, each comprising of 4 pens with 15 pigs. Basal diets consisted of 15% soya bean meal (Control diet); while for treatment diets SBM was replaced with 3, 6 and 9% FSP. The experimental diets were fed from 0 to 14 day after weaning and then a common commercial diet was fed from 15 to 35 day. Blood was collected on 14 and 35 day of experiment and analyzed for hematology, plasma aspartate transaminase (AST), plasma alanine transaminase (ALT) and immune cell populations. Increasing the level of FSP in the diet of pigs linearly decreased distribution of red blood cells (P<0.01), MPV (P<0.05), MO (P<0.05), EO (P<0.05) and BA (P<0.05) on d 14. Linear and quadratic decrease in the RBC (P<0.05), Hb (P<0.05), HCT (P<0.01), PLT (P<0.001) and EO (P<0.05) and linear increase in the MCHC (P<0.001), MPV (P<0.05), WBC (P<0.05) and NE (P<0.05) on d 35 was noted. Pigs fed with 6% FSP had lower (P<0.05) levels of AST and ALT on d 14, while the levels of ALT and AST on d 35 did not differ among the dietary treatments. Thus the results suggest that microbial fermented soya protein affected the hematological indices, immune cell populations and plasma enzymes in weaned pigs.

We investigated the effect of light spectra on circadian rhythm by exogenous prolactin (PRL) by using light emitting diodes (LEDs): red, green, and purple. We injected PRL into live fish or treated cultured brain cells with PRL. We measured changes in the expressions of period 2 (Per2), cryptochrome 1 (Cry1), melatonin receptor 1 (MT1) mRNAs, and MT1 proteins, and in the plasma PRL, serotonin, and melatonin levels. After PRL injection and exposure to green LED light, MT1 expression and plasma melatonin levels were significantly lower, but the expressions of Per2 and Cry1 were significantly higher than others. Plasma serotonin after PRL injection and exposure to red LED light was significantly lower than others. These results indicate that injection of high concentration PRL inhibits melatonin, and inhibited melatonin regulates circadian rhythm via clock genes and serotonin. Thus, exogenous PRL regulates the circadian rhythm and light spectra influence the effect of PRL in goldfish.