Regeneration Efficiency Assessment and Predictive Comparison of Government-Led and Market-Driven Models in Historic Districts Via DID and XGBoost
摘要
As global urbanization shifts from expansive growth to focused regeneration, assessing how various regeneration models impact urban vitality becomes crucial. Historic districts, marked by deep-rooted identities and rising development pressure, demand nuanced regeneration strategies that align preservation with modernization, and serve as testing grounds for these contrasting approaches. However, the comparative efficacy of government-led and market-driven approaches remains underexplored. This study assesses how divergent regeneration models shape urban vitality, using Weibo_Expressed Sentiment (WESI) and Weibo_Check-in density (WCDI) as key indicators. Focusing on Suzhou’s Jianjin Qiao Alley (government-led) and Shiquan Street (market-driven), the research evaluates the spatial-temporal impacts of regeneration. Its mixed-methods framework uses a quasi-experimental Difference-in-Differences (DID) design for robust causal identification, complemented by the machine learning-based Extreme Gradient Boosting (XGBoost) model to handle non-linear prediction and feature analysis. The study draws on geotagged social media check-ins and Points of Interest (POI) data from 2020 to 2024. It quantifies how built-environment elements influence regeneration performance and sentiment expression. Findings reveal a distinct trade-off: (1) the Market-Driven model was superior for improving public perception, causing a significant 0.029% increase in the WESI. (2) In contrast, the Government-Led model excelled at drawing public presence, driving a 0.303% increase in the WCDI, an impact of a much larger magnitude. (3) The predictive XGBoost analysis uncovers a non-monotonic effect where WESI peaks when the catering density index (PCDI) is in the 0.5 to 1.5 range, but turns negative after its value surpasses a threshold of 2. This study challenges conventional regeneration paradigms, uncovering temporal trade-offs between market efficiency and cultural sustainability. By introducing an integrated DID-XGBoost assessment framework, it quantifies the externalities of historic district regeneration, providing a diagnostic tool for optimizing heritage-compatible development.