72.
Factors impeding market share growth of supermarkets : food retail modernization in Hong Kong - Goldman, Arieh; Krider, Robert E.; Ramaswami, Seshan
Supermarkets were introduced into Hong Kong in the early 1950's. In spite of the long time, the highly developed nature of Hong Kong's economy, and the high income levels and sophistication of consumers, supermarkets' market share of food purchases is only 40 percent. A traditional food retail system, consisting mostly of wet markets, continues to successfully function. In this respect Hong Kong is an example of many other countries in which supermarkets were introduced long ago but, in spite of the time that passed and the progress of the economy, they are far from dominating food retailing.
The reasons for this...
73.
Characterization of the organic compounds in the aerosols of Hong Kong : identification, abundance, origin and toxicity - Fang, Ming; Wan, Terence See-Ming; Kwan, Joseph K.; Yu, Samuel C. T.; Zheng, M.; Zheng, Jia-Qi; Ng, K. H.; Wang, F.; Yu, E.; Yang, X.
For the first time, the chemical (organic) properties of the aerosols in Hong Kong were studied in detail. It was found that all samples collected in the three-year study contained anthropogenic contributions and the levels were relatively high compared to earlier studies carried out in China (Simoneit et al., 1991). PAH were also found to exist in high concentrations in all samples.
74.
A nameless but active religion : an anthropologists view of local religion in Hong Kong and Macau - Liu, Tik-Sang
Tik-sang Liu examines local religious practices in Hong Kong and Macau. He states that these constitute the foundation of local social organizations; they are the means with which local society is organized, local people are mobilized, communal activities are co-ordinated and people are prepared for their various stages in life.
75.
Internet and E-Commerce Development in Asian Tigers: A Comparison of Chinese Taipei and Hong Kong
Using historical analysis, the authors examine the determinants of Internet and e-commerce diffusion loci in Chinese Taipei (Taiwan) and Hong Kong. Structural and contextual factors such as seacoast locations, high emphasis on R&D and human capital development and rapid advancement in undersea cable technology favor Internet development in both economies. Hong Kong's history of formulating appropriate strategy to adapt to new situations, higher income and denser population explain its higher Internet penetration than Chinese Taipei. The vibrant semi-conductor and PC industries, an outcome of the macroeconomic linkages provided by the government, and the network of its companies with the Silicon...
76.
Credibility of Hong Kong's currency board : the role of institutional arrangements - Kwan, Yum K.; Lui, Francis T.; Cheng, Leonard Kwok-Hon
The paper shows that Hong Kong's currency board in recent years has gone through three stages, a rule-bound regime, a regime based on discretion, and a return to fixed rules. A number of methods developed in the target zone literature has been used to measure the credibility of the system. The empirical results show that the currency board was most credible when the monetary authority adhered to fixed rules. Reliance on discretion contributed not only to the erosion of market confidence in the system, but also made speculative currency attacks during the Asian financial turmoil easier.
78.
Stefan Marti and Kwan Hong Lee - Stefan Marti,Kwan Hong Lee
ASSOL is an adaptive song selection system that
dynamically generates play lists from MP3 collections of
users that are present in a public space. It utilizes the high
bandwidth network in an organization and the personalized
digital music collection that is stored in different locations
in the network. In contrast to current play lists that are
usually compiled before they are played back, it adapts the
play list according to the present users in a given area
where the music is being played. In addition, the system
allows users to personalize certain songs to convey certain
information and alert them without interrupting other
people in the public space. Certain songs can...
80.
Internal and external shocks in Hong Kong: Empirical evidence and policy options - Petra Gerlach-kristen
This paper estimates a small structural model of the Hong Kong economy using quarterly data for the period 1990 to 2002 on the output gap, CPI, property price and import price inflation, the nominal interest rate and the nominal effective exchange rate. We find that fluctuations in the output gap are mainly driven by external factors, while CPI inflation also is affected by domestic shocks. The paper then provides counterfactual simulations of how the economy would have evolved under alternative monetary arrangements. To that end, we simulate the model using an interest rate reaction function of the Taylor type and...
61.
