Abstract

This study attempted to examine the economic effects of leading urban regeneration areas, with the leading urban regeneration area in Gunsan as a case study. To examine the economic effects of the urban regeneration project in Gunsan, the study utilized the floating population and revenue data of SKT. Then, it compared variations in accordance with changes in time periods in relation to the leading urban regeneration area and other areas for comparison. Additionally, revenue figures were sorted by business type to confirm which ones were affected by the implementation of the urban regeneration project. The study identified increased revenue figures for the business types of transportation, lodging, and real estate in the leading urban regeneration area, along with an increase in the floating population compared to the period of reference. Conversely, the revenue figures for the food service industry tended to increase only for confectioneries, bakeries, rice cakes, and cakes; snack bars; and teahouses, coffee shops, and cafes. These figures indicated that outsiders visited the area for travel and tended to consume snack foods. However, the economic ripple effect from the inflow of tourists has been confirmed as being limited to businesses such as bakeries, cafes, and snack bars. Although the inflow of outside populations, which was expected to revitalize the regional economy of Gunsan, has achieved results to a certain extent, a plan must be formulated to draw out the spending of tourists.

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