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Article: Planning for open storage of containers in a major international container trade centre: An analysis of Hong Kong development control statistics using probit modelling

TitlePlanning for open storage of containers in a major international container trade centre: An analysis of Hong Kong development control statistics using probit modelling
Authors
Issue Date2002
PublisherPion Ltd.. The Journal's web site is located at http://www.envplan.com/B.html
Citation
Environment and Planning B: Planning and Design, 2002, v. 29 n. 4, p. 571-587 How to Cite?
AbstractThe authors describe the nature of the planning policies relating to the container industry of Hong Kong, a major international container trade centre, at territorial and district planning levels. Informed by the concepts of transaction costs, the authors attempt to ascertain whether the planning permission system in Hong Kong is promarket, antimarket, or market-neutral with respect to the container industry, and whether the stated statutory district planning policy of permitting and concentrating open storage in specifically designated Open Storage (OS) zones has been followed. A probit model is developed to evaluate 195 sets of nonaggregate and cross-sectional data regarding planning applications to the Town Planning Board for the years 1991 to 1998. The evaluation is conducted in terms of two refutable empirical hypotheses regarding the container industry. The findings suggest that the Hong Kong planning permission mechanism is market neutral towards the container industry and that the statutory district forward planning policy for that industry has not been followed in the development control process.
Persistent Identifierhttp://hdl.handle.net/10722/168704
ISSN
2015 Impact Factor: 1.195
2015 SCImago Journal Rankings: 0.582
ISI Accession Number ID
References

 

DC FieldValueLanguage
dc.contributor.authorLai, LWCen_US
dc.contributor.authorHo, WKOen_US
dc.date.accessioned2012-10-08T03:31:39Z-
dc.date.available2012-10-08T03:31:39Z-
dc.date.issued2002en_US
dc.identifier.citationEnvironment and Planning B: Planning and Design, 2002, v. 29 n. 4, p. 571-587en_US
dc.identifier.issn0265-8135en_US
dc.identifier.urihttp://hdl.handle.net/10722/168704-
dc.description.abstractThe authors describe the nature of the planning policies relating to the container industry of Hong Kong, a major international container trade centre, at territorial and district planning levels. Informed by the concepts of transaction costs, the authors attempt to ascertain whether the planning permission system in Hong Kong is promarket, antimarket, or market-neutral with respect to the container industry, and whether the stated statutory district planning policy of permitting and concentrating open storage in specifically designated Open Storage (OS) zones has been followed. A probit model is developed to evaluate 195 sets of nonaggregate and cross-sectional data regarding planning applications to the Town Planning Board for the years 1991 to 1998. The evaluation is conducted in terms of two refutable empirical hypotheses regarding the container industry. The findings suggest that the Hong Kong planning permission mechanism is market neutral towards the container industry and that the statutory district forward planning policy for that industry has not been followed in the development control process.en_US
dc.languageengen_US
dc.publisherPion Ltd.. The Journal's web site is located at http://www.envplan.com/B.htmlen_US
dc.relation.ispartofEnvironment and Planning B: Planning and Designen_US
dc.titlePlanning for open storage of containers in a major international container trade centre: An analysis of Hong Kong development control statistics using probit modellingen_US
dc.typeArticleen_US
dc.identifier.emailLai, LWC: wclai@hku.hken_US
dc.identifier.authorityLai, LWC=rp01004en_US
dc.description.naturelink_to_subscribed_fulltexten_US
dc.identifier.doi10.1068/b12819en_US
dc.identifier.scopuseid_2-s2.0-0036077127en_US
dc.identifier.hkuros72881-
dc.relation.referenceshttp://www.scopus.com/mlt/select.url?eid=2-s2.0-0036077127&selection=ref&src=s&origin=recordpageen_US
dc.identifier.volume29en_US
dc.identifier.issue4en_US
dc.identifier.spage571en_US
dc.identifier.epage587en_US
dc.identifier.isiWOS:000176947000006-
dc.publisher.placeUnited Kingdomen_US
dc.identifier.scopusauthoridLai, LWC=7202616218en_US
dc.identifier.scopusauthoridHo, WKO=7402968897en_US

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