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    <title>EconStor Collection:</title>
    <link>https://hdl.handle.net/10419/200761</link>
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        <rdf:li rdf:resource="https://hdl.handle.net/10419/340048" />
        <rdf:li rdf:resource="https://hdl.handle.net/10419/319701" />
        <rdf:li rdf:resource="https://hdl.handle.net/10419/319702" />
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    <dc:date>2026-04-29T22:04:11Z</dc:date>
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  <item rdf:about="https://hdl.handle.net/10419/340048">
    <title>Why the capital region keeps growing: Urban accounting and spatial policy implications</title>
    <link>https://hdl.handle.net/10419/340048</link>
    <description>Title: Why the capital region keeps growing: Urban accounting and spatial policy implications
Authors: Kim, Sunham
Abstract: Population concentration in the Seoul Metropolitan Area has continued unabated since the 1970s. In the 2010s, diverging productivity drove this trend-gains in semiconductor and knowledge-based sectors in the capital region versus losses in manufacturingoriented regional cities. Planned city projects, including Sejong, heavily prioritized infrastructure provision, yielding limited productivity growth and only modest population inflows. To achieve balanced development, spatial policy should move beyond infrastructure investment to boosting regional productivity. Furthermore, narrowing the divide between the capital region and outer regions may necessitate accepting some disparities within outer areas.</description>
    <dc:date>2026-01-01T00:00:00Z</dc:date>
  </item>
  <item rdf:about="https://hdl.handle.net/10419/319701">
    <title>The ascent of K-content: Industry structure and growth drivers</title>
    <link>https://hdl.handle.net/10419/319701</link>
    <description>Title: The ascent of K-content: Industry structure and growth drivers
Authors: Lee, Jinkook
Abstract: Korea's cultural content industry has seen rapid growth. Key drivers include improved content quality, a maturing digital ecosystem, and increasingly interconnected business networks. As the industry takes on a more prominent role in the national economy-generating a significant production inducement effect-policy efforts should focus on strengthening copyright protection and enforcement, advancing digital transformation among small and midsize firms, and diversifying export markets through deeper industry linkages.</description>
    <dc:date>2025-01-01T00:00:00Z</dc:date>
  </item>
  <item rdf:about="https://hdl.handle.net/10419/319702">
    <title>Reforming the basic pension eligibility threshold</title>
    <link>https://hdl.handle.net/10419/319702</link>
    <description>Title: Reforming the basic pension eligibility threshold
Authors: Kim, Dohun; Lee, Seunghee
Abstract: South Korea's Basic Pension, which currently covers 70% of its older adults, does not reflect the declining elderly poverty rate as their income and asset levels rise. To ease fiscal burdens while effectively addressing elderly poverty, its eligibility threshold should shift from a fixed share of older adults to one tied to the national median income, better targeting vulnerable older adults for support. In the long term, integrating the Basic Pension with the National Basic Livelihood Security System to establish an old-age minimum income guarantee warrants consideration.</description>
    <dc:date>2025-01-01T00:00:00Z</dc:date>
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  <item rdf:about="https://hdl.handle.net/10419/331223">
    <title>The role of capital structure in real estate project financing: Risk, cost, and policy implications</title>
    <link>https://hdl.handle.net/10419/331223</link>
    <description>Title: The role of capital structure in real estate project financing: Risk, cost, and policy implications
Authors: Hwang, Sunjoo
Abstract: By examining project-level data on real estate project financing (PF), I find that higher equity ratios are associated with lower overall risk and reduced project costs. This finding supports policy measures aimed at strengthening capital structures without unduly constraining PF activity. If regulatory lending limits are to be introduced, they should target only lowequity PF projects. Moreover, preferred shares should be recognized as regulatory-eligible equity capital, and the deferral of capital gains tax should be made permanent to encourage in-kind land contributions. It is equally important to address regulatory arbitrage involving Project Finance Vehicles (PFVs), which are often exploited to pursue large-scale developments with minimal capital.</description>
    <dc:date>2025-01-01T00:00:00Z</dc:date>
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