Zone Separation: A Probit Analysis of Hong Kong Planning Application Statistics:

摘要: In this paper we demonstrate the use of a probit model to evaluate whether two classes apparently similar/dissimilar zones with identical uses, that may be carried out planning permissions, are in fact similar (and hence ‘inseparable’) or otherwise. Four empirical hypotheses about comprehensive development area, commercial/residential, and community-use Hong Kong tested by using nonaggregate application statistics 793 observations. Acknowledgements. We wish thank Professor Wing Suen School Economics Finance, The University for his useful comments. also indebted three anonymous referees who deserve our special thanks their careful review thoughtful suggestions. All faults ours. This is partially sponsored CRCG grant (Number 10203311) Kong.