The Construction and Related Industries in a Changing Socio-Economic Environment : The Case of Hong Kong∗
Research output: Journal Publications and Reviews (RGC: 21, 22, 62) › 21_Publication in refereed journal › peer-review
Author(s)
Detail(s)
| Original language | English |
|---|---|
| Pages (from-to) | 139-172 |
| Journal / Publication | International Real Estate Review |
| Volume | 7 |
| Issue number | 1 |
| Publication status | Published - 1 Dec 2004 |
| Externally published | Yes |
Link(s)
Abstract
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.
Research Area(s)
- construction, employment, government policy, housing, investment
Bibliographic Note
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Citation Format(s)
The Construction and Related Industries in a Changing Socio-Economic Environment : The Case of Hong Kong∗. / Leung, Charles K.; Wong, Kelvin S.
In: International Real Estate Review, Vol. 7, No. 1, 01.12.2004, p. 139-172.Research output: Journal Publications and Reviews (RGC: 21, 22, 62) › 21_Publication in refereed journal › peer-review
