TY - JOUR
T1 - The redistributive effect of public housing in Hong Kong
AU - LUI, Hon Kwong
PY - 2007/9/1
Y1 - 2007/9/1
N2 - Public housing programmes in Hong Kong affect half of the population directly and the other half indirectly. This paper assesses the redistributive effect of public rental housing on income distribution. It uses a subsidised-to-market rent ratio method and an imputed rent method to convert transfer-in-kind of public rental housing into equivalent monetary value. Empirical results show that the provision of public housing alleviates the income inequality problem. However, the amount of public expenditure required achieving the same improvements in Gini coefficient and other inequality measures is small relative to the actual public expenditure on housing. Policy-makers should thoroughly review the existing public housing programmes
AB - Public housing programmes in Hong Kong affect half of the population directly and the other half indirectly. This paper assesses the redistributive effect of public rental housing on income distribution. It uses a subsidised-to-market rent ratio method and an imputed rent method to convert transfer-in-kind of public rental housing into equivalent monetary value. Empirical results show that the provision of public housing alleviates the income inequality problem. However, the amount of public expenditure required achieving the same improvements in Gini coefficient and other inequality measures is small relative to the actual public expenditure on housing. Policy-makers should thoroughly review the existing public housing programmes
UR - http://commons.ln.edu.hk/sw_master/613
UR - http://www.scopus.com/inward/record.url?scp=34548799147&partnerID=8YFLogxK
U2 - 10.1080/00420980701471919
DO - 10.1080/00420980701471919
M3 - Journal Article (refereed)
SN - 0042-0980
VL - 44
SP - 1937
EP - 1952
JO - Urban Studies: An International Journal of Research in Urban Studies
JF - Urban Studies: An International Journal of Research in Urban Studies
IS - 10
ER -