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A Study on the Spatial Factors Affecting Restaurants’ Survival Rates in the Gentrification Issue Area: Focused on the City of Seoul

lee yong baek 1 Jangik Jin 1

1중앙대학교

Accredited

ABSTRACT

The objective of this study is to investigate how spatial factors affect the survival rate of restaurants in the gentrification area. In particular, this study explores the spatial characteristics of factors affecting survival rate of restaurants between regions and industrial sectors in gentrificiation areas of Seoul. For this, using survival analysis model, we focus on six commercial gentrification areas with the 2010-2018 business license data from the Ministry of Public Administration and Security. Our results show that growth in housing prices and franchise firms negatively affect survival rates of restaurants in gentrification areas. We also found that the better the access to public transportation (especially access to the subway), the lower the survival rate of restaurants in the gentrification area, and the survival rate are different by region and by industry. Our results suggest that local planning for reducing gentrification problem should be connected to commercial building rent policies and the transportation plan. Moreover, findings suggest that differentiated policies considering regional characteristics can be more effective rather than the identical policies as a way to resolve the gentrification problems in Seoul.

Citation status

* References for papers published after 2022 are currently being built.