English, Article, Journal or magazine article edition: The Construction and Related Industries in a Changing Socio-Economic Environment: The case of Hong Kong„X Charles Ka Yui Leung; Kelvin S. Wong

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Bookmark: http://trove.nla.gov.au/version/72596
Physical Description
  • preprint
Language
  • English

Edition details

Title
  • The Construction and Related Industries in a Changing Socio-Economic Environment: The case of Hong Kong„X
Author
  • Charles Ka Yui Leung
  • Kelvin S. Wong
Physical Description
  • preprint
Notes
  • Hong Kong is well known for its "housing market bubble". Both theoretical and empirical studies point to the supply side being the "root of all evil". This paper takes a preliminary step in understanding the supply side of the Hong Kong market by investigating the construction and related industries. After taking into consideration of the unusual public expenditure, the construction industry seems to be "normal" in international standard. Its relationship with the aggregate economy is also examined. Directions for future research are also suggested.
  • housing, construction, government policy, employment, investment
  • RePEc:chk:cuhkdc:00011
Language
  • English
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