Prosperity or futility? Effects of micro-regeneration on neighborhood commercial vitality
Engineering, Construction and Architectural Management
ISSN: 0969-9988
Article publication date: 21 March 2024
Abstract
Purpose
Micro-regeneration can effectively enhance a neighborhood’s commercial vitality and serve as a viable approach to boost economic benefits. However, the small scale of micro-regeneration efforts and the fragmented nature of information currently limit the availability of strong empirical evidence demonstrating its impact on neighborhood commercial vitality. The aim of the study was to examine the link between micro-regeneration and neighborhood commercial vitality, focusing on the average, time-lag, spatial spillover, and spatial heterogeneity effects.
Design/methodology/approach
Using the panel data set of 1,755 neighborhoods in Chongqing from 2016 to 2021 as the research sample, the difference-in-differences (DID) method was employed in this study to explore the impact micro-regeneration has on neighborhood commercial vitality.
Findings
The results illustrate that: (1) micro-regeneration can promote neighborhood commercial vitality in terms of the number and types of local consumption amenities by 27.76 and 5.89%, respectively, with no time-lag effect; (2) the positive spillovers can exist within the range of 5,000 meters–5,500 meters of regenerated neighborhoods; and (3) the effect of micro-regeneration on neighborhood commercial vitality can be greater in peripheral areas than in core areas of the city.
Originality/value
The findings fill the knowledge gap on the relationship between micro-regeneration and neighborhood commercial vitality. Additionally, the results on the time-lag effect, spatial spillover effects, and spatial heterogeneity provide practical implications that can support the government and private sector in developing temporal and spatial arrangements for micro-regeneration projects.
Keywords
Acknowledgements
The author(s) disclosed receipt of the following financial support for the research, authorship, and/or publication of this article: This work is supported by the National Natural Science Foundation of China (Granted No. 72271035), the Planning Project of Chongqing Social Science (Granted No. 2023NDYB84), the Natural Science Foundation of Chongqing (Granted No. cstc2021jcyj-msxmX1064), and the Chongqing Technology Innovation and Application Development Program (Granted No. CSTB2023TIAD-LDX0013).
Citation
Liu, G., Yang, Y., Li, K., Shrestha, A. and Zhuang, T. (2024), "Prosperity or futility? Effects of micro-regeneration on neighborhood commercial vitality", Engineering, Construction and Architectural Management, Vol. ahead-of-print No. ahead-of-print. https://doi.org/10.1108/ECAM-09-2023-0922
Publisher
:Emerald Publishing Limited
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