id	author	title	date	pages	extension	mime	words	sentences	flesch	summary	cache	txt
cord-288698-3e44z9p0	Li, Kui-Wai	The economic strategy for the Hong Kong SAR: Evidence from productivity and cost analysis	2005-08-31		.txt	text/plain	6092	277	54	Abstract By using a growth accounting framework for the period 1980–2000, this paper estimates Hong Kong's total factor productivity and unit labor cost of twenty industries classified into three economic sectors of tradable goods, tradable services and non-tradable services. This paper expanded the data used in Imai (2001) and followed the classification of economic sectors used in Wong and Tao (2000) , and extended the empirical analysis by comparing total factor productivity (TFP) with unlit labor cost analysis. With the exception of mining and quarrying that occupied only a small portion of GDP, individual industries that showed a positive geometric percentage growth in unit labor cost belong mainly to the non-tradable services (construction; community, social and personal services; real estate; restaurant and wholesale) and some tradable services (insurance; land transport; other transport services; business services and financing).	./cache/cord-288698-3e44z9p0.txt	./txt/cord-288698-3e44z9p0.txt