The Korea Local Administration Review

The purpose of this study is to analyze the relationship between the evaluation of the local conditions and the satisfaction of life centering on the settlement satisfaction of the residents. In a situation where the population is rapidly decreasing, each local government has a task to increase the settlement population and to improve the life satisfaction of the local residents. This study aims to suggest policy implications for local governments through nationwide surveys. First, the independent variables influencing the satisfaction of life in the community are selected from the community well-being concept, and the parameters and dependent variables for measuring the influence relationship of these factors are selected and then the structural equation model is used Respectively. As a conclusion, they are shown that life satisfaction is directly influenced by social capital, and indirectly by local economy and environment. The total effect of indirect effect and direct effect which affect the satisfaction of life through the parameter of residents satisfaction are significant variables such as local economy, environment, social capital, etc. It is noteworthy that social capital effects have the greatest impact on individual 's life satisfaction.

□ Keywords: Community Well-being, Social Capital, Satisfaction of Residency, Quality of Life