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- catalog abstract "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.".
- catalog contributor b10666014.
- catalog contributor b10666015.
- catalog contributor b10666016.
- catalog created "[1997].".
- catalog date "1997".
- catalog date "[1997].".
- catalog dateCopyrighted "[1997].".
- catalog description "Includes bibliographical references.".
- catalog description "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.".
- catalog extent "[34] p. :".
- catalog isPartOf "NBER working paper series ; no.6332".
- catalog isPartOf "Working paper series (National Bureau of Economic Research) ; no.6332.".
- catalog issued "1997".
- catalog issued "[1997].".
- catalog language "eng".
- catalog publisher "Cambridge, MA. : National Bureau of Economic Research,".
- catalog spatial "China Hong Kong.".
- catalog subject "Deregulation China Hong Kong.".
- catalog subject "Public utilities Government policy China Hong Kong.".
- catalog title "Hong Kong's business regulation in transition / Changqi Wu, Leonard K. Cheng.".
- catalog type "Computer network resources. local".
- catalog type "text".