Ka-fu Wong University of Hong Kong Two news clippings Wall Street Journal Ka-fu Wong University of Hong Kong

The impact of weather on the economy From Wall Street Journal, Tuesday, November 7, 2006, page 23. “Why Japan’s economic health may be stronger than data show” The weather was bad: In July, Tokyo had a total of just 59 hours of sunshine, compared with an average of 172 in recent years. … Less sun light can mean people spend less on the kind of things they normally enjoy during the summer, such as clothes, ice cream and trips to the ocean. The bad weather also pushed up vegetable prices, leaving people with less to spend on other things.

Same product, different prices in different countries? Wall Street Journal, Friday-Sunday November 3-5, 2006, page W4

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