IDEAS home Printed from https://ideas.repec.org/a/gam/jsusta/v12y2020i17p6722-d401051.html
   My bibliography  Save this article

Seeing Impacts of Park Design Strategies on Local Economy through Big Data: A Case Study of Gyeongui Line Forest Park in Seoul

Author

Listed:
  • Jisoo Sim

    (Urban Research Division, Korea Research Institute for Human Settlements, 5 Gukchaegyeonguwon-ro, Sejong-si 30149, Korea)

Abstract

Although big data has emerged as a crucial data source in urban studies, urban park-related studies still rarely use data such as that from card transactions. This study fills the gap between big data and park studies by using card transaction data within 400 m of the Gyeongui Line Forest Park in terms of economic benefits on local business. The authors divided the linear park into five sections according to each section’s design strategy to examine the relationship between the design features and card transaction behaviors. With the data, the authors analyzed the average ages of card users to understand average users’ age in each section. Results show the average ages increased from 2015 to 2017 in Sections 3–5 by years. Sections 1 and 2 describe decreasing of user ages by year, which means young generations visited Sections 1 and 2 For Section 1, amounts of average card transaction also increased from 2015 to 2017 continuously. Compared to other sections, only Section 1, as an open space within a commercialized area, contributed to local business positively. Other sections, such as 2–5, represented the negative impacts on local business from 2016 to 2017.

Suggested Citation

  • Jisoo Sim, 2020. "Seeing Impacts of Park Design Strategies on Local Economy through Big Data: A Case Study of Gyeongui Line Forest Park in Seoul," Sustainability, MDPI, vol. 12(17), pages 1-13, August.
    • Handle: RePEc:gam:jsusta:v:12:y:2020:i:17:p:6722-:d:401051
    as

    Download full text from publisher

    File URL: https://www.mdpi.com/2071-1050/12/17/6722/pdf
    Download Restriction: no
    File URL: https://www.mdpi.com/2071-1050/12/17/6722/
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Marc Rysman, 2007. "An Empirical Analysis Of Payment Card Usage," Journal of Industrial Economics, Wiley Blackwell, vol. 55(1), pages 1-36, March.
    2. Adger, Neil & Whitby, Martin, 1991. "Accounting for the impact of agriculture and forestry on environmental quality," European Economic Review, Elsevier, vol. 35(2-3), pages 629-641, April.
    3. Curtis, Ian A., 2004. "Valuing ecosystem goods and services: a new approach using a surrogate market and the combination of a multiple criteria analysis and a Delphi panel to assign weights to the attributes," Ecological Economics, Elsevier, vol. 50(3-4), pages 163-194, October.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Antonios Kolimenakis & Alexandra D. Solomou & Nikolaos Proutsos & Evangelia V. Avramidou & Evangelia Korakaki & Georgios Karetsos & Georgios Maroulis & Eleftherios Papagiannis & Konstantinia Tsagkari, 2021. "The Socioeconomic Welfare of Urban Green Areas and Parks; A Literature Review of Available Evidence," Sustainability, MDPI, vol. 13(14), pages 1-26, July.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Bruno Karoubi & Régis Chenavaz & Corina Paraschiv, 2016. "Consumers’ perceived risk and hold and use of payment instruments," Applied Economics, Taylor & Francis Journals, vol. 48(14), pages 1317-1329, March.
    2. Wilko Bolt, 2012. "Retail Payment Systems: Competition, Innovation, and Implications," DNB Working Papers 362, Netherlands Central Bank, Research Department.
    3. Nibedita Mukherjee & Jean Huge & Farid Dahdouh-Guebas & Nico Koedam, 2014. "Ecosystem service valuations of mangrove ecosystems to inform decision making and future valuation exercises," ULB Institutional Repository 2013/217963, ULB -- Universite Libre de Bruxelles.
    4. Rodríguez-Ortega, T. & Olaizola, A.M. & Bernués, A., 2018. "A novel management-based system of payments for ecosystem services for targeted agri-environmental policy," Ecosystem Services, Elsevier, vol. 34(PA), pages 74-84.
    5. Kim Huynh & Gradon Nicholls & Oleksandr Shcherbakov, 2019. "Explaining the Interplay Between Merchant Acceptance and Consumer Adoption in Two-Sided Markets for Payment Methods," Staff Working Papers 19-32, Bank of Canada.
    6. Lola Hernandez & Nicole Jonker & Anneke Kosse, 2017. "Cash versus Debit Card: The Role of Budget Control," Journal of Consumer Affairs, Wiley Blackwell, vol. 51(1), pages 91-112, March.
    7. Zhu Wang, 2012. "Debit card interchange fee regulation: some assessments and considerations," Economic Quarterly, Federal Reserve Bank of Richmond, vol. 98(3Q), pages 159-182.
    8. Sangha, Kamaljit K & Evans, Jay & Edwards, Andrew & Russell-Smith, Jeremy & Fisher, Rohan & Yates, Cameron & Costanza, Robert, 2021. "Assessing the value of ecosystem services delivered by prescribed fire management in Australian tropical savannas," Ecosystem Services, Elsevier, vol. 51(C).
    9. Christos Genakos & Tommaso Valletti, 2011. "Testing The “Waterbed” Effect In Mobile Telephony," Journal of the European Economic Association, European Economic Association, vol. 9(6), pages 1114-1142, December.
    10. Economides, Nicholas & Henriques, David, 2011. "To surcharge or not to surcharge? A two-sided market perspective of the no-surchage rule," Working Paper Series 1388, European Central Bank.
    11. Marc Rysman & Scott Schuh, 2017. "New Innovations in Payments," Innovation Policy and the Economy, University of Chicago Press, vol. 17(1), pages 27-48.
    12. Daniel A. Ackerberg & Gautam Gowrisankaran, 2006. "Quantifying equilibrium network externalities in the ACH banking industry," RAND Journal of Economics, RAND Corporation, vol. 37(3), pages 738-761, September.
    13. Schuh, Scott & Stavins, Joanna, 2010. "Why are (some) consumers (finally) writing fewer checks? The role of payment characteristics," Journal of Banking & Finance, Elsevier, vol. 34(8), pages 1745-1758, August.
    14. Ainscough, Jacob & Wilson, Meriwether & Kenter, Jasper O., 2018. "Ecosystem services as a post-normal field of science," Ecosystem Services, Elsevier, vol. 31(PA), pages 93-101.
    15. Wang, Zhu, 2010. "Market structure and payment card pricing: What drives the interchange?," International Journal of Industrial Organization, Elsevier, vol. 28(1), pages 86-98, January.
    16. Tobias Trütsch, 2016. "The impact of mobile payment on payment choice," Financial Markets and Portfolio Management, Springer;Swiss Society for Financial Market Research, vol. 30(3), pages 299-336, August.
    17. Kim Huynh & Jozsef Molnar & Oleksandr Shcherbakov & Qinghui Yu, 2020. "Demand for Payment Services and Consumer Welfare: The Introduction of a Central Bank Digital Currency," Staff Working Papers 20-7, Bank of Canada.
    18. Marleen Marra, 2019. "Pricing and Fees in Auction Platforms with Two-Sided Entry," Working Papers hal-03393068, HAL.
    19. Filistrucchi, L. & Gerardin, D. & van Damme, E.E.C. & Keunen, S. & Klein, T.J. & Michielsen, T.O. & Wileur, J., 2010. "Mergers in Two-Sided Markets - A Report to the NMa," Other publications TiSEM f901d1fe-8878-444e-a685-8, Tilburg University, School of Economics and Management.
    20. Rodrigo Lluberas & Joaquín Saldain, 2014. "Paper or plastic? Payment instrument choice in Uruguay," Documentos de trabajo 2014007, Banco Central del Uruguay.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:gam:jsusta:v:12:y:2020:i:17:p:6722-:d:401051. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: MDPI Indexing Manager (email available below). General contact details of provider: https://www.mdpi.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.