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http://dx.doi.org/10.5392/JKCA.2017.17.02.678

Empirical Analyses on Intention to Live and Consumption Expenditure of Urban Residents in Neighboring Counties of Naepo New Town  

Im, Jun-Hong (충남발전연구원 지역도시연구부)
Hong, Sung-Hyo (공주대학교 경제통상학부)
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Abstract
This study is performed with the view point that a strategy to maintain the existing residents as well as to attract people outside is necessary in order to revitalize the downtown of an area. Empirical analyses of this study are focused on the residents in downtowns of the two counties, Hongsung and Yesan which are concerned of becoming hollow. According to the results, the residents who want to continue living in the downtown are the old and the owner-occupants of detached housing units while those who hope to leave to Naepo, a neighboring new town are in their 30's or high income-earners. Thus, policies such as renovating detached housing for the old are required. In addition, policies to reduce outflow of the people who are in their 30's or high income-earners are also needed. Especially, since the resident who is highly probable to leave is estimated to spend 553 thousand Korean Won per year in the downtown, on-going outflow of residents would weaken the local market and threaten the local economy. Consequently, local governments need to set up directions of urban renovation policies by considering decline in population, change in demographic structure, appropriate allocation of limited budget, and sustainable urban development based on empirical research results.
Keywords
Intention to Live; Consumption Expenditure; Downtown; Urban Renovation; Naepo New Town;
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Times Cited By KSCI : 2  (Citation Analysis)
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