Output and Productivity Performance of Hong Kong and Singapore’s Transport and Communications Sector, 1990 to 2005
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.
|Date of creation:||01 Dec 2006|
|Date of revision:|
|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: firstname.lastname@example.org 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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Web page: http://www.bus.qut.edu.au/faculty/economics/
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