Analysis of Super-Gentrification Dynamic Factors Using Interpretative Structure Modeling

Jiangang Shi, Kaifeng Duan, Quanwei Xu and Jiajia Li
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Jiangang Shi: School of Economics and Management, Tongji University, Shanghai 200092, China
Kaifeng Duan: School of Economics and Management, Tongji University, Shanghai 200092, China
Quanwei Xu: School of Economics and Management, Tongji University, Shanghai 200092, China
Jiajia Li: Hospitality Management School, Shanghai Business School, Shanghai 201400, China

Land, 2020, vol. 9, issue 2, 1-16

Abstract: The driving force of super-gentrification shapes a complex system in which multiple dynamic factors interact with each other. This paper takes the dynamic factor system of super-gentrification as the research object and uses the Interpretative Structure Modeling (ISM) to analyze these dynamic factors. The levels of these dynamic factors and the interaction between them are determined. The Cross Impact Matrix Multiplication Applied to a Classification (MICMAC) analysis is also conducted to determine the dependence power and driving power of these dynamic factors. Through analysis, it is concluded that the dynamic factors of super-gentrification are distributed on six levels. Among these dynamic factors, Transformation of Industrial Structure and Occupational Structure in Urban Central Areas , Housing Needs of Overseas Elites , Investment Needs , Development of the Real Estate Market , and Unique Areas and Lifestyle Preferences are the fundamental dynamic factors affecting super-gentrification. The findings of this paper can enrich the existing theoretical research on the driving force of super-gentrification and can provide a reference for policy makers to promote urban landscape sustainability to some extent.

Keywords: super-gentrification; dynamic factors; ISM; MICMAC; landscape sustainability (search for similar items in EconPapers)
JEL-codes: Q15 Q2 Q24 Q28 Q5 R14 R52 (search for similar items in EconPapers)
Date: 2020
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

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