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Output and Productivity Performance of Hong Kong and Singapore’s Transport and Communications Sector, 1990 to 2005


  • Boon Lee

    () (QUT)

  • William Shepherd


This paper examines the output and productivity performance of the Transport and Communication sector in Hong Kong and Singapore, from 1990 to 2005. The aim of the paper is two-fold. First, the paper introduces a method for derivation of appropriate currency converters or purchasing power parities (PPPs) to enable quantification of output and productivity at various disaggregated levels of the transport and communications sector. This method is based on the industry-of-origin approach as refined by the International Comparisons of Output and Productivity (ICOP) project based at the University of Groningen. Second, the paper will attempt to address differences in output and productivity levels between these two countries with regard to their current policies in transport and communications. It will also examine the impact of events such as the Asian financial crisis, the global downturn in 2001, the events of September 11, as well as the outbreak of the Severe Acute Respiratory Syndrome (SARS) in 2003 on the transport and communication sector.

Suggested Citation

  • Boon Lee & William Shepherd, 2006. "Output and Productivity Performance of Hong Kong and Singapore’s Transport and Communications Sector, 1990 to 2005," School of Economics and Finance Discussion Papers and Working Papers Series 208, School of Economics and Finance, Queensland University of Technology.
  • Handle: RePEc:qut:dpaper:208
    Note: Corresponding author: Dr. B.L. Lee, School of Economics and Finance, Queensland University of Technology, GPO Box 2434, Brisbane, QLD, 4001. Tel: (07) 3138 5389; Fax. (07) 3138 1500; email: Figures are based at local currency 2000 prices drawn from each country’s respective Statistical Yearbook (for Singapore – Yearbook of Statistics 2006) and website (for Hong Kong – Census and Statistics Department). 2005 figures for Hong Kong will be revised when more data becomes available.

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    References listed on IDEAS

    1. Kim-Song Tan & Sock-Yong Phang, 2004. "From Efficiency-driven to Innovation-driven Economic Growth: Perspectives from Singapore," Working Papers 15-2004, Singapore Management University, School of Economics.
    2. Mulder, N., 1994. "Transport and Communication in Mexico and the United States: Value Added , Purchasing Power Parities and Productivity," Papers 579, Groningen State, Institute of Economic Research-.
    3. Lu, Ding & Yu, Qiao, 1999. "Hong Kong's exchange rate regime:: Lessons from Singapore," China Economic Review, Elsevier, vol. 10(2), pages 122-140.
    4. Hill, T P, 1977. "On Goods and Services," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 23(4), pages 315-338, December.
    5. Soi Lam & Trinh Toan, 2006. "Land Transport Policy and Public Transport in Singapore," Transportation, Springer, vol. 33(2), pages 171-188, March.
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    JEL classification:

    • C43 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods: Special Topics - - - Index Numbers and Aggregation
    • D29 - Microeconomics - - Production and Organizations - - - Other
    • L91 - Industrial Organization - - Industry Studies: Transportation and Utilities - - - Transportation: General
    • L96 - Industrial Organization - - Industry Studies: Transportation and Utilities - - - Telecommunications
    • O57 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Comparative Studies of Countries

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