This study aimed to assess the robustness and resilience of retail areas in Seoul, based on the changes in sales before and after the COVID-19 outbreak. The spatial range and temporal scope of the study were set as district- and community-level retail areas in Seoul, from January 2019 to August 2020, to consider the effect of the COVID-19 outbreak. The data used in this study comprised sales information from the retail sector, namely Shinhan Card sales data for domestic and foreigners by business type in Seoul, provided by Seoul Big Data Campus. We classified the retail areas based on the change in sales before and after the COVID-19 outbreak, using time series clustering. The results of this study showed that time series clustering based on the change in sales can be used to classify retail areas. The similarities and differences were confirmed by comparing the functional and structural characteristics of the district- and community-level retail areas by cluster and by retail area type. Furthermore, we derived knowledge on the decline and recovery of retail areas before and after a national crisis such as the emergence of a COVID-19 wave, which can provide significant information for sustainable retail area management and regional economic development.
This study aimed to evaluate the applicability of a machine learning approach to the description of residential mobility patterns of households in the Seoul metropolitan region (SMR). The spatial range and temporal scope of the empirical study were set to 2015 to review the most recent residential mobility patterns in the SMR. The analysis data used in this study included the Internal Migration Statistics microdata provided by the Microdata Integrated Service of Statistics Korea. We analysed the residential relocation distance of households in the SMR using machine learning techniques, such as ordinary least squares regression and decision tree regression. The results of this study showed that a decision tree model can be more advantageous than ordinary least squares regression in terms of explanatory power and estimation of moving distance. A large number of residential movements are mainly related to the accessibility to employment markets and some household characteristics. The shortest movements occur when households with two or more members move into densely populated districts. In contrast, job-based residential movements are relatively farther. Furthermore, we derived knowledge on residential relocation distance, which can provide significant information for the urban management of metropolitan residential districts and the construction of reasonable housing policies.
31 December 2023 in Journal of Housing and Urban Finance