• The Korean Journal of Franchise Management
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• v.3 no.1
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• pp.73-91
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• 2012

This study is in the purpose for the revitalization of traditional market as comparing to the relevancy between the central characteristics of a floating population going around for buying something or eating food and lots of small-sized businesses comprising of the commercial districts. The several traditional markets such as Cheonan station, Dujeong-dong, Sinbu-dong in Cheon-An city has been investigated repeatedly almost every two or three years by the Small Enterprise development Agency(SEDA) since 2001. By analyzing the raw data of those commercial districts made by SEDA, we can calculate the number of firms andthe ratio of business type of each commercial districts. In this research, the type of each business is classified into four groups such as restaurant, service, retail and the rest. Moreover, the central character of the floating population is derived from the raw data, which means the customer information about sex, age structure or the most populous time zones. From these characteristics, one commercial districts has his own specific features distinguishing from the others. The most important differences of past researches are firstly the dynamic viewpoint rather than a static one. Secondly it suggests that the relation between the central characteristics of districts and the floating population would exist. Lastly, it suggests that the interaction between both of them have a significant effect on the growth or decline of the districts and the rates of business type, other adjacent commercial districts as well. Eventually, this study provides several meaningful points for the revitalization of commercial districts to government or stakeholder such as management organization, business owners and new starter etc.

• Asian Journal of Business Environment
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• v.12 no.2
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• pp.1-12
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• 2022

Purpose: This study aims to analyze the inclusive growth in Central Sulawesi Province, an eastern province of Indonesia, up to the districts/cities level. The inclusive growth is analyzed by using Ramos, Ranieri, and Lammens' index that has three indicators which are employment, poverty, and income inequality. Research design, data, and methodology: This study uses panel data of 13 districts/cities in Central Sulawesi Province from 2015 to 2019. The statistical regression used is the panel regression method to analyze the determinants of inclusive growth there. Results: The study found that the average inclusive growth of districts/cities in Central Sulawesi is increasing from the low-level in 2015 to mid-level in 2019. The panel's data regression using fixed effect model FGLS-SUR found Investment (GFCF), Road Infrastructure, HDI, and Processing Industry have a significant positive effect. Regional minimum wage (RMW) has a significant negative effect. Government Expenditure on Education and Health Function has no significant positive effect on inclusive growth. Conclusions: throughout the study period, gini coefficient and poverty rate is slowly decreasing, while employment to population ratio remains volatile in districts/cities of Central Sulawesi.

• International Journal of Highway Engineering
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• v.18 no.4
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• pp.83-92
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• 2016

PURPOSES : The purpose of this study was to develop safety performance functions (SPFs) that use zero-inflated negative binomial regression models for urban intersections in central business districts (CBDs), and to compare the statistical significance of developed models against that of regular negative binomial regression models. METHODS : To develop and analyze the SPFs of intersections in CBDs, data acquisition was conducted for dependent and independent variables in areas of study. We analyzed the SPFs using zero-inflated negative binomial regression model as well as regular negative binomial regression model. We then compared the results by analyzing the statistical significance of the models. RESULTS : SPFs were estimated for all accidents and injury accidents at intersections in CBDs in terms of variables such as AADT, Number of Lanes at Major Roads, Median Barriers, Right Turn with an Exclusive Turn Lane, Turning Guideline, and Front Signal. We also estimated the log-likelihood at convergence and the likelihood ratio of SPFs for comparing the zero-inflated model with the regular model. In he SPFs, estimated log-likelihood at convergence and the likelihood ratio of the zero-inflated model were at -836.736, 0.193 and -836.415, 0.195. Also estimated the log-likelihood at convergence and likelihood ratio of the regular model were at -843.547, 0.187 and -842.631, 0.189, respectively. These figures demonstrate that zero-inflated negative binomial regression models can better explain traffic accidents at intersections in CBDs. CONCLUSIONS : SPFs that use a zero-inflated negative binomial regression model demonstrate better statistical significance compared with those that use a regular negative binomial regression model.

• Journal of the Korean Geographical Society
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• v.33 no.1
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• pp.41-56
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• 1998

The main purpose of this study is to delimit the boundary of central business district and to describe the internal structure of CBD in Seoul. To delimit the CBD boundary, we used the locational matrices of main CBD functions, which were ofganized through fieldworks. CBD functions are classified into 20 categories. They are retail sales, corporation managements, administration managements, business, and unclassified services, customer(personal)services, and manufacturings. The core area of CBD in Seoul is at Chongro and Chung Gu area that shows the locational consistency comparing to 1970s. Although the boundary is slightly expanded into west, south and east, the extent of horizontal expansion in CBD can be negligible comparing to the remarkable growth of Korean economy after 1970s. The reasons why CBD showed little expansion can be found out from the process of restructuring in Seoul metropolitan area, such as the growth of subcenters, decentralization of central functions, construction of highrise buildings, redevelopment in central area and so on. Internal structure of Seoul's CBD shows 5 specialized functional subdistricts. They are CBD core area, subdistrict of department and office functions, retail sales, customer services and light manufacturings.

• Journal of Distribution Science
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• v.19 no.11
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• pp.49-57
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• 2021

Purpose: In this study, we try to figure out the appropriate size of commercial districts in the original downtown area through empirical studies targeting the Jinju Central Commercial Area in Gyeongnam and Cheonan Station in Chungnam, which are trying to regenerate a specific space that has been lost through government projects. Research design, data and methodology: The current status and characteristics of the shopping district were examined through on-site surveys of the central business district of Jinju, Gyeongnam Province, and Cheonan Station, Chungnam Province, and the size of the empty stores was determined. In addition, the standard median income was used as the survey data along with the survey of the mobile population in the commercial area. Result: The analysis result shows that 883 stores should be maintained considering the overall expenditure and gross sales profit within Cheonan Station in South Chungcheong Province. Currently, considering spending and margins in the Commercial Area, Jinju Central Commercial Area is a place where 222 stores can be sold excessively, and a proper commercial supply plan is needed. Conclusions: In this study, we conducted a demand prediction study in the commercial sector of the most basic sector to regenerate the commercial sector through major regional commercial districts.

• Journal of Information Processing Systems
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• v.17 no.3
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• pp.645-657
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• 2021

Along with the rapid development of the economy, the urban scale has extended rapidly, leading to the formation of different types of urban function districts (UFDs), such as central business, residential and industrial districts. Recognizing the spatial distributions of these districts is of great significance to manage the evolving role of urban planning and further help in developing reliable urban planning programs. In this paper, we propose an automatic UFD division method based on big data analysis of point of interest (POI) data. Considering that the distribution of POI data is unbalanced in a geographic space, a dichotomy-based data retrieval method was used to improve the efficiency of the data crawling process. Further, a POI spatial feature analysis method based on the mean shift algorithm is proposed, where data points with similar attributive characteristics are clustered to form the function districts. The proposed method was thoroughly tested in an actual urban case scenario and the results show its superior performance. Further, the suitability of fit to practical situations reaches 88.4%, demonstrating a reasonable UFD division result.

• The Journal of the Korea Contents Association
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• v.11 no.5
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• pp.466-473
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• 2011

The purpose of this study is to analyze the distribution of the building area and find the characteristics of development density where the areas to perform special functions as residential, commercial, and business area in Seoul. As a result of classification of the regions with the component ratio of building area ratio by types, the greater part of Seoul is residential areas and only a small part of Seoul have business function. Contrary to the Kang-Nam business districts, the central business districts have few or no houses. It is concerned that the redevelopment projects, such as New-Town, make Seoul more high- density. The industrial area lost the attractiveness as a resident in spite of businesses or infrastructures. So the industrial area will be the best place for reduce journey-to-work distance if improve housing conditions. As well as management of density, management of use is also required for effective landuse and green-growth city.

• Journal of the Economic Geographical Society of Korea
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• v.5 no.1
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• pp.89-104
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• 2002

The purpose of this study is about the installation process and managing system of Economic Development District installed in order to make economic and local development by introducing foreign investment, technology and managing methods after the reformation of China. The Economic Development District of China is being continuously enlarged in its quantity and form as the local opening is being enlarged, and so that it is leading the systematic change of open district and is being developed as a core part of local economic growth. The central and local governments used to mediate and control the fostering of Economic Development Districts in their initial stage. However, the economic and business activities in Economic Development Districts are controlled by the capitalistic market forces now, and the control of central and local governments are being reduced to the minimum and the autonomy of the administrative commission is being reinforced for the efficiency of Economic Development District.

• Journal of the Economic Geographical Society of Korea
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• v.26 no.3
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• pp.169-189
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• 2023

The study aims to synthesize the discussion of the innovation district and suggest an alternative to the governance system of the innovation district. Cluster policies that focus on industrial specialization, networking, value chains, and industrial ecosystems have shown some problems and limits in advanced industrial economies. The innovation district, suitable for the era of urban innovation, convergence of industry, housing, leisure, and related variety, emphasizes cooperation through the convergence of various innovations, workshops and industries, and communities. It is important to build a quintuple helix based on cooperative governance through public-private partnerships, integrate the physical and cultural atmosphere, and service industries that strengthen the place prestige. Beyond the industrial aspect, innovation districts can facilitate changes in urban amenities and lifestyles and creative atmosphere, such as diversity, lifestyle, charms, and openness, and promote social vitality and economic interactions. The governance of innovative districts can promote inter-organizational exchanges, and combinations. When knowledge is created through exchanges between companies, it also affects changes in the governance system, evolving from a rigid and centralized system to an open, dynamic, and organic system. Through the innovation policy, the existing Central Business Districts (CBD) can be able to be transformed into a Central Lifestyle Districts (CLD).

• The Journal of Asian Finance, Economics and Business
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• v.8 no.4
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• pp.643-651
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• 2021

This study aims to determine the response of regional economic growth to the financial performance of regional economies in regard to the liquidity conditions, saving-investment gaps, trade openness, inflation, as well as the national economic growth. The basic logic theory of research uses the principles of open economics and financial intermediary systems. The data used in this study are secondary data, and the form of data is a quarterly time series for the period from 2008 to 2019. The data were obtained from various publications, such as the Central Statistics Agency (CSA), Regional Financial Economics Statistics (RFES), Indonesian Banking Statistics (IBS), and the Financial Services Authority (FSA). Data processing was done through VAR/VECM analysis; short-term and long-term equilibrium analyses were carried out. The results of the analysis illustrate that regional economic growth and the conditions of liquidity, saving-investment gaps, trade openness, inflation, and national economic growth are related and lead to significant impact variations in the provinces of Papua and West Papua. In conclusion, the findings of this research support the leading supply hypothesis and reformulate the strategy and policy of economic development, bearing in mind that there are still many underdeveloped districts in these two provinces.