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초록
The main purpose of the study is to empirically investigate the factors affecting the declineof industrial parks developed by Local Government. For this purpose a new index, so calledMDI(Multiple Decline Index), is constructed in order to measure the decline of the industrialparks. A multiple regression analysis is attempted, based on the index, to derive the factorsinfluencing on the decline of industrial parks. The major findings can be summarized as follows. First, it turns out that the decline of anindustrial park has been influenced by the internal conditions of the industrial park itself aswell as the external circumstances of the surrounding city. Second, the total area of industrialpark was identified as the only variable which is statistically significant among various variablesrepresenting the internal conditions of the industrial park itself. Third, three variables relatedto the external circumstances of the surrounding city turn out to be statistically significantsuch as a number of manufacturing company, new dwelling ratio, dilapidated dwelling ratio. These findings strongly suggest that the regeneration policy toward the declined industrialpark should consider changing conditions not only of industrial park but also of thesurrounding city.