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The Contribution of the University of Hawai‘i at Manoa to Hawai‘i’s Economy in 2012

The University of Hawai‘i at Mānoa (UHM) generates economic activity through its purchases from local businesses, its payment to its employees, and spending by students and visitors. This report estimates UHM’s total economic activity in the state of Hawai‘i in fiscal year 2012. Following a standard approach, we define economic impact to be the direct, indirect, and induced economic activities generated by the university’s spending in the state economy.

Although one can think of the UHM as if it were one of many businesses or industries in Hawai‘i, an important difference between UHM and most private businesses is that UHM gets a substantial part of its funding from taxpayers. In FY2012, UHM and the supporting RCUH (Research Corporation of the University of Hawai‘i) spent a total of $878 million in support of its education mission; the State General Fund paid $198 million of the total. Adding money spent by the privately funded UH Foundation, spending by students, out-of-town visitor spending related to UHM sponsored professional meetings and conferences brings total UHM-related expenditures to $1.40 billion in FY2012, 90% of which was spent locally.

Overall, the $1.40 billion of education-related expenditures attributable to UHM generated $2.45 billion in local business sales, $735 million in employee earnings, $131 million in state tax revenues, and slightly under 20,000 jobs in Hawai‘i in FY2012. This represented approximately 3.4% of total jobs, 2.5% of worker earnings, and 2.2% of total state tax revenues.

Looking to the future, the university’s Hawai‘i Innovation Initiative ( HI2 ) plans to more than double the UH system’s current level of extramural research funds from less than $500 million to an ambitious $1 billion per annum. If the HI2 successfully doubles research expenditures, our analysis suggests more than 5,000 new jobs would be created from the ripple effects of the research spending alone, independent of any technology transfer and other jobs created as a direct result of the research.

 

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Staffing Structure of the University of Hawai‘i at Manoa, Peers, and Doctoral/Research-Extensive Universities

Posted January 15, 2013 | Categories: Presentations, Project UH

This study examines staff support at the University of Hawai‘i at Manoa (UHM) vis-à-vis its peer group (Peers) and all 4-year public Doctoral/Research-Extensive Universities (DREU). More specifically, we compare the averages of the ratio of full-time equivalent (FTE) staff to FTE faculty and FTE enrollment across the three groups; UHM, Peers, and DREU. We present results for the following support staff categories: executive, administrative, and managerial; other professional (support/service); technical and paraprofessional; clerical and secretarial; skilled crafts; and service/maintenance.

 

Executive Summary

 

Staffing Report Presentation


Carl Bonham on Insights on PBS Hawaii

Posted January 7, 2013 | Categories: Media

UHERO Executive Director and Professor of Economics Carl Bonham participates in Insights on PBS Hawaii's 2012 Year in Review panel. With host Dan Boylan, panel guests take a look back at top stories from 2012, covering topics such as rail, the election, education, tourism, and more

Watch

 

 


UHERO Asia-Pacific Foreacast: Developing Countries Buoy Asian Growth

Posted December 7, 2012 | Categories: Forecasts

The never-ending European debt debacle and stuttering US recovery have taken a bite out of Asia-Pacific growth this year. Higher income Asian economies have suffered the most from the trade falloff. At the same time, labor markets and fiscal conditions in East and Southeast Asian developing countries remain far stronger than in the developed world. As a result, growth prospects for the region continue to look rosier than in much of the rest of the world, if softer than we saw in the early post-crisis rebound.

A summary of this forecast is available as a service to the public. For more detailed analysis, subscribe to UHERO's Forecast Project.

 

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Carl Bonham on Howard's Election Report on Hawaii News Now

UHERO economist Carl Bonham spoke with Howard Dicus at the State Capitol post-election to help clarify the so called "fiscal cliff".  The cliff refers to hundreds of billions of dollars in spending cuts and tax increases that could lead to a serious recession in 2013.  Lets hope that our elected officials can come together to meet this test!   

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UHERO State Forecast Update: Tourism Shines, Construction Clouds Lifting

 

Hawaii’s tourism juggernaut powers onward, but growth elsewhere remains elusive. Broader—and a bit stronger—expansion is in the pipeline.

A summary of this forecast is available as a service to the public. For more detailed analysis, subscribe to UHERO's Forecast Project.

 

 

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UHERO Report on KITV: Hawaii's Unemployment Rate Falls to 5.7%

Jill Kuramoto interviews UHERO Executive Director and Professor of Economics Carl Bonham.

  • Did these unemployment number come at all as a surprise?
  • How do state numbers compare to national numbers?
  • How will the upcoming holiday season affect the unemployment rate?

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How China’s Approved Destination Status Policy Spurs and Hinders Chinese Travel Abroad

China’s “Approved Destination Status (ADS) policy allows citizens of mainland China to take pleasure trips abroad on group package tours to countries that have negotiated and implemented agreements with China. In this paper, we examine the reasons for this unique preferential and incremental travel liberalization system and how it affects mainland Chinese outbound pleasure travel.

 Working Paper

 


UHERO Report on KITV: Unemployment Rate Falls to Lowest Level Since January 2009

Posted October 5, 2012 | Categories: Media

Mahealani Richardson speaks with UHERO Executive Director and Professor of Economics Carl Bonham about the September Employment Report and the upcoming UHERO Forum on Hawaii's economy. At the UHERO Forum speakers will delve into the latest economic topics affecting our community, such as Hawaii's unique agriculture industry and the challenges facing it. Can Hawaii's farmers compete with farmers in the rest of the world? Can we produce more food locally? The UHERO Forum will be on Monday, October 29 from 8AM-2PM at the Hilton Hawaiian Village. 

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UHERO Report on KITV: Facing a Fiscal Cliff

Posted September 21, 2012 | Categories: Media

Jill Kuramoto interviews UHERO Executive Director and Professor of Economics Carl Bonham.

  • The unemployment rate fell but people aren't exactly dancing in the streets - why is that?
  • Will the recent policy commitments by the US Federal Reserve and the European Central Bank help?
  • Is there any optimism at this point?

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What Should Be the Appropriate Tax Base for Online Travel Companies' Hotel Room Sales?

This essay examines the current dispute between state and local governments in the U.S. and online travel companies (OTCs) over the appropriate hotel occupancy tax base for online hotel bookings. It addresses the question of what should be the appropriate tax base in designing hotel occupancy tax statutes. It argues that the appropriate tax base should be the full rental prices of the hotel rooms paid by consumers inclusive of online travel company markups and service fees and not the discounted net rates paid by the OTCs to their hotel suppliers.

Published: Mak, J. 2012. What Should Be the Appropriate Tax Base for OTCs’ Hotel Room Sales? Pages 775-786  Tax Analysts. Tax Analysts, Falls Church, Virginia. 

 

 


UHERO Report on KITV: Solar Credits Hit State Tax Revenue

Posted September 7, 2012 | Categories: Media

Mahealani Richardson interviews UHERO Executive Director and Professor of Economics Carl Bonham.

  • The State Council on Revenues met yesterday and lowered its projection for general fund tax revenues. Whats up with that? I thought the tourism boom was also generating tax revenue growth.
  • So why is the council lowering its forecast?
  • What about the US jobs report? Will job growth like this get President Obama reelected?

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UHERO Report on KITV: July Visitor Numbers

Posted August 31, 2012 | Categories: Media

Mahealani Richardson interviews UHERO Executive Director and Professor of Economics Carl Bonham.

  • What's going on in the Asian markets?
  • How are the individual islands doing?
  • How long will this boom last?

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UHERO Report on KITV: Bump In Tourism Expected

Posted July 27, 2012 | Categories: Media

Mahealani Richardson interviews UHERO Executive Director and Associate Professor of Economics Carl Bonham.

  • What do you make of the national numbers and what does your forecast say?
  • Why is the overall economy slow when the tourism sector is booming?
  • Is there hope for other sectors in the market in 2013?

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UHERO Annual Hawaii Forecast: Tourism Hot, But Broader Growth Still Elusive

Posted July 27, 2012 | Categories: Forecasts

Hawaii’s recovery is proceeding along two very different tracks. The tourism industry is on a tear, posting impressive rates of growth. With a few exceptions, the rest of the local economy is going nowhere. Nevertheless, the best residential building conditions in years and pending public projects set the stage for a construction upturn in 2013. And once the global gloom lifts, consumer confidence will drive some pickup in non-tourism sectors that have lagged in the recovery so far.

A summary of this forecast is available as a service to the public. For more detailed analysis, subscribe to UHERO's Forecast Project.

 

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