People's Republic of China-Hong Kong Special Administrative Region : Selected Issues.

This Selected Issues paper for the People's Republic of China-Hong Kong Special Administrative Region (SAR) reviews the residential property market and implications of an aging population. The fiscal sector impact of price fluctuations is important in Hong Kong SAR with land sales and stamp dut...

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Dades bibliogràfiques
Autor corporatiu: International Monetary Fund
Format: Revista
Idioma:English
Publicat: Washington, D.C. : International Monetary Fund, 2006.
Col·lecció:IMF Staff Country Reports; Country Report ; No. 2006/051
Accés en línia:Full text available on IMF
Descripció
Sumari:This Selected Issues paper for the People's Republic of China-Hong Kong Special Administrative Region (SAR) reviews the residential property market and implications of an aging population. The fiscal sector impact of price fluctuations is important in Hong Kong SAR with land sales and stamp duties providing an important source of government revenue. The simulations are based on a dynamic general equilibrium system with forward-looking behavior and rational expectations. Hong Kong SAR's revenue flows are characterized by relatively volatile nontax items.
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Descripció física:1 online resource (49 pages)
Format:Mode of access: Internet
ISSN:1934-7685
Accés:Electronic access restricted to authorized BRAC University faculty, staff and students