An Impact Analysis of Idle Space Regeneration Types on Regional Revitalization

Recently, there has been increasing interest in the remodecycling options of idle spaces around the central city through the urban regeneration. Various studies to create new added value through this way are ongoing. This study aims to analyze the impact relationship and structure on the regeneration of idle space by types affecting the quality of residents' life and local economy revitalization. The hypothesis was verified by a suitability test for setting the hypothesis and statistical significance test from the PLS 3.0 package. The results of this study drew 6 hypotheses from a total of 11 on the 'idle space regeneration of economy based type of PLS-SEM' and 4 hypotheses from a total of 11 on the 'idle space regeneration of neighborhood regeneration type PLS-SEM'. The results can be summarized into several parts. First, if cultural aspects should be considered, the regeneration of idle space (economy-based type and neighborhood-regeneration type) could meet 2 parts, such as the quality of residents' life and local economy revitalization at the same time. Second, improving the 'physical aspects' only affects the 'idle space regeneration of the economy-based type of PLS-SEM'. Third, improving the 'social aspects' only affects the 'idle space regeneration of neighborhood regeneration type of PLS-SEM'. This study has significance in that it provides the empirical analysis for the regeneration of idle space and there are differences according to types of PLS structural model.