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Article: An econometric study of the decisions of a town planning authority: complementary & substitute uses of industrial activities in Hong Kong

TitleAn econometric study of the decisions of a town planning authority: complementary & substitute uses of industrial activities in Hong Kong
Authors
Issue Date2002
PublisherJohn Wiley & Sons Ltd. The Journal's web site is located at http://www3.interscience.wiley.com/cgi-bin/jhome/7976
Citation
Managerial and Decision Economics, 2002, v. 23 n. 3, p. 127-135 How to Cite?
AbstractThis is a contribution to the research on the interface between urban economics and urban planning at the micro level on the one hand and economic development at the macro level on the other hand by a study of the relationship between the performance of the development application mechanism and economic development. This study is conducted in the light that neither urban economics nor urban planning research has utilized useful development control information that can help better understand the spatial and linkage aspects of the industrial sector in economic development. A probit study of a relatively large population of statistics (with 1728 observations) concerning planning applications for uses in lands under industrial zoning in Hong Kong is conducted in terms of 5 refutable hypotheses about the role of the planning authority in respect of land uses that are neutral to, complementary to and substitutes of industrial uses in a local context where major structural changes are occurring in the economy. The hypotheses are derived from standard price theory. The test discovers that, consistent with the theory of substitute goods, that the probabilities of mixed industrial/office and pure office uses in industrial zones being approved were dependent on the rise and fall of the manufacturing sector (measured in terms of labor share). However, those for ancillary office use, a use that theoretically should be complementary to industrial activities, were independent of the state of the manufacturing sector. Copyright © 2002 John Wiley & Sons, Ltd.
Persistent Identifierhttp://hdl.handle.net/10722/81749
ISSN
2015 SCImago Journal Rankings: 0.546

 

DC FieldValueLanguage
dc.contributor.authorLai, LWC-
dc.contributor.authorHo, WKO-
dc.date.accessioned2010-09-06T08:21:33Z-
dc.date.available2010-09-06T08:21:33Z-
dc.date.issued2002-
dc.identifier.citationManagerial and Decision Economics, 2002, v. 23 n. 3, p. 127-135-
dc.identifier.issn0143-6570-
dc.identifier.urihttp://hdl.handle.net/10722/81749-
dc.description.abstractThis is a contribution to the research on the interface between urban economics and urban planning at the micro level on the one hand and economic development at the macro level on the other hand by a study of the relationship between the performance of the development application mechanism and economic development. This study is conducted in the light that neither urban economics nor urban planning research has utilized useful development control information that can help better understand the spatial and linkage aspects of the industrial sector in economic development. A probit study of a relatively large population of statistics (with 1728 observations) concerning planning applications for uses in lands under industrial zoning in Hong Kong is conducted in terms of 5 refutable hypotheses about the role of the planning authority in respect of land uses that are neutral to, complementary to and substitutes of industrial uses in a local context where major structural changes are occurring in the economy. The hypotheses are derived from standard price theory. The test discovers that, consistent with the theory of substitute goods, that the probabilities of mixed industrial/office and pure office uses in industrial zones being approved were dependent on the rise and fall of the manufacturing sector (measured in terms of labor share). However, those for ancillary office use, a use that theoretically should be complementary to industrial activities, were independent of the state of the manufacturing sector. Copyright © 2002 John Wiley & Sons, Ltd.-
dc.languageeng-
dc.publisherJohn Wiley & Sons Ltd. The Journal's web site is located at http://www3.interscience.wiley.com/cgi-bin/jhome/7976-
dc.relation.ispartofManagerial and Decision Economics-
dc.rightsManagerial and Decision Economics. Copyright © John Wiley & Sons Ltd.-
dc.rightsSpecial Statement for Preprint only Before publication: 'This is a preprint of an article accepted for publication in [The Journal of Pathology] Copyright © ([year]) ([Pathological Society of Great Britain and Ireland])'. After publication: the preprint notice should be amended to follows: 'This is a preprint of an article published in [include the complete citation information for the final version of the Contribution as published in the print edition of the Journal]' For Cochrane Library/ Cochrane Database of Systematic Reviews, add statement & acknowledgement : ‘This review is published as a Cochrane Review in the Cochrane Database of Systematic Reviews 20XX, Issue X. Cochrane Reviews are regularly updated as new evidence emerges and in response to comments and criticisms, and the Cochrane Database of Systematic Reviews should be consulted for the most recent version of the Review.’ Please include reference to the Review and hyperlink to the original version using the following format e.g. Authors. Title of Review. Cochrane Database of Systematic Reviews 20XX, Issue #. Art. No.: CD00XXXX. DOI: 10.1002/14651858.CD00XXXX (insert persistent link to the article by using the URL: http://dx.doi.org/10.1002/14651858.CD00XXXX) (This statement should refer to the most recent issue of the Cochrane Database of Systematic Reviews in which the Review published.)-
dc.titleAn econometric study of the decisions of a town planning authority: complementary & substitute uses of industrial activities in Hong Kong-
dc.typeArticle-
dc.identifier.openurlhttp://library.hku.hk:4550/resserv?sid=HKU:IR&issn=0143-6570&volume=23&issue=3&spage=121&epage=135&date=2002&atitle=An+Econometric+Study+of+the+Decisions+of+a+Town+Planning+Authority:+Complementary+and+Substitute+Uses+of+Industrial+Activities+in+Hong+Kongen_HK
dc.identifier.emailLai, LWC: wclai@hkusua.hku.hk-
dc.identifier.emailHo, WKO: winkyho@graduate.hku.hk-
dc.identifier.authorityLai, LWC=rp01004-
dc.identifier.doi10.1002/mde.1054-
dc.identifier.hkuros72879-
dc.identifier.volume23-
dc.identifier.issue3-
dc.identifier.spage127-
dc.identifier.epage135-
dc.publisher.placeUnited Kingdom-

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