File Download

There are no files associated with this item.

  Links for fulltext
     (May Require Subscription)
Supplementary

Article: Impact of political incidents, financial crises, and severe acute respiratory syndrome on Hong Kong regulators and developers

TitleImpact of political incidents, financial crises, and severe acute respiratory syndrome on Hong Kong regulators and developers
Authors
Issue Date2006
PublisherPion Ltd. The Journal's web site is located at http://www.envplan.com/B.html
Citation
Environment and Planning B: Planning and Design, 2006, v. 33 n. 4, p. 503-522 How to Cite?
AbstractWe use two linear statistical techniques to examine the impact of the announcement of China's decision to take back Hong Kong from the United Kingdom in 1982, the Tiananmen Square incident of 4 June 1989, the Asian financial crisis of 1997, and the outbreak of severe acute respiratory syndrome in 2003 on Hong Kong's housing and land markets in terms of the decision patterns of the Town Planning Board (TPB), and the readiness of developers in applying to the Building Authority for 'consent to commence work'. A total of 884 sets of all cross-sectional statistics about planning applications arising from Comprehensive Development Area zones from December 1980 to August 2004 were used to test four hypotheses that evaluate the impact of shocks on the TPB through the use of a parametric technique, probit modeling. A total of 96 sets of all aggregate statistics on developers' applications for 'consent to commence work' from 1982 to 2004 were used to test yet another four hypotheses that evaluate the impact of shocks on developers using a nonparametric technique, the Wilcoxon rank-sum test. The inferences based on the statistical findings of the two sets of hypotheses, which satisfy the relevant goodness-of-fit tests, are (a) that the TPB was sensitive and responsive to these shocks in making its decisions; and (b) that developers were not sensitive to any of the shocks in terms of their readiness to build. © 2006 a Pion publication printed in Great Britain.
Persistent Identifierhttp://hdl.handle.net/10722/168741
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.authorChau, KWen_US
dc.contributor.authorHo, DCWen_US
dc.contributor.authorLin, VYYen_US
dc.date.accessioned2012-10-08T03:31:59Z-
dc.date.available2012-10-08T03:31:59Z-
dc.date.issued2006en_US
dc.identifier.citationEnvironment and Planning B: Planning and Design, 2006, v. 33 n. 4, p. 503-522en_US
dc.identifier.issn0265-8135en_US
dc.identifier.urihttp://hdl.handle.net/10722/168741-
dc.description.abstractWe use two linear statistical techniques to examine the impact of the announcement of China's decision to take back Hong Kong from the United Kingdom in 1982, the Tiananmen Square incident of 4 June 1989, the Asian financial crisis of 1997, and the outbreak of severe acute respiratory syndrome in 2003 on Hong Kong's housing and land markets in terms of the decision patterns of the Town Planning Board (TPB), and the readiness of developers in applying to the Building Authority for 'consent to commence work'. A total of 884 sets of all cross-sectional statistics about planning applications arising from Comprehensive Development Area zones from December 1980 to August 2004 were used to test four hypotheses that evaluate the impact of shocks on the TPB through the use of a parametric technique, probit modeling. A total of 96 sets of all aggregate statistics on developers' applications for 'consent to commence work' from 1982 to 2004 were used to test yet another four hypotheses that evaluate the impact of shocks on developers using a nonparametric technique, the Wilcoxon rank-sum test. The inferences based on the statistical findings of the two sets of hypotheses, which satisfy the relevant goodness-of-fit tests, are (a) that the TPB was sensitive and responsive to these shocks in making its decisions; and (b) that developers were not sensitive to any of the shocks in terms of their readiness to build. © 2006 a Pion publication printed in Great Britain.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.titleImpact of political incidents, financial crises, and severe acute respiratory syndrome on Hong Kong regulators and developersen_US
dc.typeArticleen_US
dc.identifier.emailLai, LWC: wclai@hku.hken_US
dc.identifier.emailChau, KW: hrrbckw@hkucc.hku.hken_US
dc.identifier.emailHo, DCW: danielho@hku.hken_US
dc.identifier.authorityLai, LWC=rp01004en_US
dc.identifier.authorityChau, KW=rp00993en_US
dc.identifier.authorityHo, DCW=rp01001en_US
dc.description.naturelink_to_subscribed_fulltexten_US
dc.identifier.doi10.1068/b31125ben_US
dc.identifier.scopuseid_2-s2.0-33745182054en_US
dc.identifier.hkuros123476-
dc.relation.referenceshttp://www.scopus.com/mlt/select.url?eid=2-s2.0-33745182054&selection=ref&src=s&origin=recordpageen_US
dc.identifier.volume33en_US
dc.identifier.issue4en_US
dc.identifier.spage503en_US
dc.identifier.epage522en_US
dc.identifier.isiWOS:000239830600004-
dc.publisher.placeUnited Kingdomen_US
dc.identifier.scopusauthoridLai, LWC=7202616218en_US
dc.identifier.scopusauthoridChau, KW=24830082500en_US
dc.identifier.scopusauthoridHo, DCW=12805583800en_US
dc.identifier.scopusauthoridLin, VYY=14016322300en_US

Export via OAI-PMH Interface in XML Formats


OR


Export to Other Non-XML Formats