Hong Kong's business regulation in transition:
The transition of Hong Kong's main economic activities from manufacturing to services is accompanied by gradual changes in the regulatory regimes for monopolies. The local telecommunication services industry has been liberalized, deregulation of public transport is taking shape, and the schemes...
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| Main Authors: | , |
|---|---|
| Format: | Book |
| Language: | English |
| Published: |
Cambridge, Mass.
1997
|
| Series: | National Bureau of Economic Research <Cambridge, Mass.>: NBER working paper series
6332 |
| Subjects: | |
| Online Access: | Volltext |
| Summary: | The transition of Hong Kong's main economic activities from manufacturing to services is accompanied by gradual changes in the regulatory regimes for monopolies. The local telecommunication services industry has been liberalized, deregulation of public transport is taking shape, and the schemes of control for electricity suppliers are candidates for reform. In this paper, we review the evolution of business regulation in Hong Kong, analyze the salient features of its scheme of control regulation and evaluate the impact of transition from regulation to competition. To provide a sharp contrast between the difficulties of the traditional approach to regulation and the benefits of introducing competition, we focus on the cases of electricity and telecommunications. The direction for future changes is also discussed. |
| Physical Description: | [34 S.] graph. Darst. |
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| 520 | 3 | |a The transition of Hong Kong's main economic activities from manufacturing to services is accompanied by gradual changes in the regulatory regimes for monopolies. The local telecommunication services industry has been liberalized, deregulation of public transport is taking shape, and the schemes of control for electricity suppliers are candidates for reform. In this paper, we review the evolution of business regulation in Hong Kong, analyze the salient features of its scheme of control regulation and evaluate the impact of transition from regulation to competition. To provide a sharp contrast between the difficulties of the traditional approach to regulation and the benefits of introducing competition, we focus on the cases of electricity and telecommunications. The direction for future changes is also discussed. | |
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| id | DE-604.BV011807715 |
| illustrated | Illustrated |
| indexdate | 2024-07-09T18:16:06Z |
| institution | BVB |
| language | English |
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| physical | [34 S.] graph. Darst. |
| publishDate | 1997 |
| publishDateSearch | 1997 |
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| series | National Bureau of Economic Research <Cambridge, Mass.>: NBER working paper series |
| series2 | National Bureau of Economic Research <Cambridge, Mass.>: NBER working paper series |
| spelling | Wu, Changqi Verfasser aut Hong Kong's business regulation in transition Changqi Wu ; Leonard K. Cheng Cambridge, Mass. 1997 [34 S.] graph. Darst. txt rdacontent n rdamedia nc rdacarrier National Bureau of Economic Research <Cambridge, Mass.>: NBER working paper series 6332 The transition of Hong Kong's main economic activities from manufacturing to services is accompanied by gradual changes in the regulatory regimes for monopolies. The local telecommunication services industry has been liberalized, deregulation of public transport is taking shape, and the schemes of control for electricity suppliers are candidates for reform. In this paper, we review the evolution of business regulation in Hong Kong, analyze the salient features of its scheme of control regulation and evaluate the impact of transition from regulation to competition. To provide a sharp contrast between the difficulties of the traditional approach to regulation and the benefits of introducing competition, we focus on the cases of electricity and telecommunications. The direction for future changes is also discussed. Economische ontwikkeling gtt Economische politiek gtt Politik Wirtschaftsentwicklung Wirtschaftspolitik Deregulation China Hong Kong Public utilities Government policy China Hong Kong Cheng, Leonard K. Verfasser aut Erscheint auch als Online-Ausgabe National Bureau of Economic Research <Cambridge, Mass.>: NBER working paper series 6332 (DE-604)BV002801238 6332 http://papers.nber.org/papers/w6332.pdf kostenfrei Volltext |
| spellingShingle | Wu, Changqi Cheng, Leonard K. Hong Kong's business regulation in transition National Bureau of Economic Research <Cambridge, Mass.>: NBER working paper series Economische ontwikkeling gtt Economische politiek gtt Politik Wirtschaftsentwicklung Wirtschaftspolitik Deregulation China Hong Kong Public utilities Government policy China Hong Kong |
| title | Hong Kong's business regulation in transition |
| title_auth | Hong Kong's business regulation in transition |
| title_exact_search | Hong Kong's business regulation in transition |
| title_full | Hong Kong's business regulation in transition Changqi Wu ; Leonard K. Cheng |
| title_fullStr | Hong Kong's business regulation in transition Changqi Wu ; Leonard K. Cheng |
| title_full_unstemmed | Hong Kong's business regulation in transition Changqi Wu ; Leonard K. Cheng |
| title_short | Hong Kong's business regulation in transition |
| title_sort | hong kong s business regulation in transition |
| topic | Economische ontwikkeling gtt Economische politiek gtt Politik Wirtschaftsentwicklung Wirtschaftspolitik Deregulation China Hong Kong Public utilities Government policy China Hong Kong |
| topic_facet | Economische ontwikkeling Economische politiek Politik Wirtschaftsentwicklung Wirtschaftspolitik Deregulation China Hong Kong Public utilities Government policy China Hong Kong |
| url | http://papers.nber.org/papers/w6332.pdf |
| volume_link | (DE-604)BV002801238 |
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