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Widening Income Distribution in Post-Handover Hong Kong

Hon-Kwong Lui
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A01=Hon-Kwong Lui
Atkinson Index
Author_Hon-Kwong Lui
Category=KCC
Category=KCF
Category=KCJ
Category=KCM
Chinese Immigrant Workers
cient
coeffi
coefficient
CSSA
CSSA Scheme
Data Set
dispersion
economic restructuring effects
eq_bestseller
eq_business-finance-law
eq_isMigrated=1
eq_isMigrated=2
eq_nobargain
eq_non-fiction
Foreign Domestic Helpers
gini
Gini Coefficient
HKSAR
Household Income Distribution
housing
immigrant native wage gap
Income Dispersion
income inequality analysis
Income Inequality Problem
log
Log Household Income
Log Income
Lorenz Curve
Permanent Residents
poverty and working poor
Pre-handover Period
Private Housing Tenants
public
public housing policy evaluation
Public Housing Tenants
Public Rental Housing
Public Rental Housing Units
Relative Poverty Concept
rental
rising
Rising Income Disparity
socioeconomic stratification in Hong Kong
Tertiary Education
tertiary education expansion
Theil Index
West Germany

Product details

  • ISBN 9781138910362
  • Weight: 453g
  • Dimensions: 156 x 234mm
  • Publication Date: 30 Jun 2017
  • Publisher: Taylor & Francis Ltd
  • Publication City/Country: GB
  • Product Form: Paperback
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Description

Before the handover to China in 1997, Hong Kong’s economic growth was very strong and the unemployment rate dropped to a record low of 2.2 per cent. In recent years, the widening income dispersion in Hong Kong has caught public attention. This book investigates the economic development and changes in income distribution of Hong Kong from different perspectives.

Based on latest empirical evidence of Hong Kong, the book examines the relationship between economic restructuring and rising income disparity. Public housing programmes in Hong Kong affect half of the population directly and the other half indirectly. This book assesses the redistributive effect of public rental housing on income distribution. Moreover, Hong Kong embarked an ambitious expansion programme of tertiary education in 1989. The expansion represents an exogenous increase in the supply of university graduates and the book evaluates the impact on income distribution. It also investigates the income dispersion among and between natives and immigrants.

Researchers, politicians and policy makers should be interested to learn about the causes of rising income dispersion in post-handover Hong Kong uncovered in this book. Although economic restructuring is named as the prime suspect that caused rising income inequality, the empirical evidence proves otherwise. The book will be of interest to policy makers with implications on social security system and income disparity.
About Hon-Kwong Lui
LUI Hon-Kwong received his Ph.D. in economics from The University of Hong Kong and is now Associate Professor at the Department of Marketing and International Business at Lingnan University. He is the author of four books and has published articles in leading and highly respected journals, including Management Science, Urban Studies, Human Relations, Economic Inquiry, and Journal of International Marketing, among many others. Moreover, he has published over 120 commentaries in major newspapers. He has been frequently interviewed by media and invited as guest speaker on various live TV and radio programmes.

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