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KITV Project Economy: Why some economists favor plastic bag tax

Posted April 27, 2012 | Categories: Media

Mahealani Richardson interviews UHERO Research Fellow and Professor of Economics John Lynham.

  • Why are economists in favor of a plastic bag tax? 
  • Will a tax really reduce the use of plastic bags?
  • So why not just ban plastic bags altogether?

Watch


KITV Project Economy: Unemployment Numbers

Posted April 20, 2012 | Categories: Media

Jill Kuramoto interviews UHERO Research Fellow and Professor of Economics Sumner Lacriox.

  • Hawaii’s unemployment rate seems to always be below the US unemployment rate. How long has this been going on?
  • What happens to full-time jobs?
  • So is Hawaii’s health insurance law good for the State?

WatchQ&A


Chinese Saving Dynamics: The Impact of GDP Growth and the Dependent Share

 

China’s national saving rate rose rapidly in the 2000s after declining through the late 1990s. These dynamics are not explained by precautionary motives, the institutional distribution of income, or reform related processes in general. Rather, we find a compelling explanation lies with GDP growth fluctuations and movement in the dependent share in population. We estimate a vector autoregressive model for the period 1978-2008, then generate in-sample simulations that successfully replicate the 2000s run-up in the saving rate. Our out of sample forecasts show the saving rate dropping in the 2010s as the dependency share falls and GDP growth moderates.


Published: Bonham, C. and Wiemer, C. "Chinese saving dynamics: the impact of GDP growth and the dependent share,"  Oxford Economic Papers, published online April 2012, doi:10.1093/oep/gps 020.


Working Paper VersionDATA FILE (XLS)


KITV Project Economy: The Fight Over Bicycling Lanes

Mahealani Richardson interviews UHERO Research Fellow and Professor of Economics Sumner Lacriox.

  • Honolulu has seen controversies recently over establishing or expanding dedicated bicycle lanes. Should the City be expanding Honolulu’s bike lanes?
  • So why the controversy?
  • Will the controversy go away?

Watch


An Assessment Of Greenhouse Gas Emissions-Weighted Clean Energy Standards

Published in the journal Energy Policy, this paper quantifies the relative cost-savings of utilizing a greenhouse gas emissions-weighted Clean Energy Standard (CES) in comparison to a Renewable Portfolio Standard (RPS). Using a bottom-up electricity sector model for Hawaii, this paper demonstrates that a policy that gives “clean energy” credit to electricity technologies based on their cardinal ranking of lifecycle GHG emissions, normalizing the highest-emitting unit to zero credit, can reduce the costs of emissions abatement by up to 90% in comparison to a typical RPS. A GHG emissions-weighted CES provides incentive to not only pursue renewable sources of electricity, but also promotes fuel-switching among fossil fuels and improved generation efficiencies at fossil-fired units. CES is found to be particularly cost-effective when projected fossil fuel prices are relatively low.

 

UHERO has developed a two-page Policy Brief on this paper. The full publication can be found at http://www.sciencedirect.com/science/article/pii/S0301421512000961


KITV Project Economy: Jobless Report a Mixed Bag

Posted April 6, 2012 | Categories: Media

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

  • This is a disappointing report - can you explain why?
  • So more growth was expected and now it seems to be slowing?
  • Is there anything positive that came out of the report?

Watch


KITV Project Economy: State-Run Banks Proposal

Posted March 23, 2012 | Categories: Media

Mahealani Richardson interviews UHERO Research Fellow and Professor of Economics Sumner Lacroix.

  • What's the bill on the state run bank proposal to fund clean energy projects?
  • Why would they want to use a state run bank as opposed to a private bank?
  • What are the positive and negative sides of the issue?

Watch


Hawaii Construction Forecast: Construction Edging Toward Recovery

Construction has yet to turn the corner in Hawaii, but a pickup is now more clearly in sight. Single-family home construction languishes, but new high-rise condos, retail, and resort-related development will boost non-residential building. And legal challenges aside, rail construction is poised to begin in earnest as this year progresses.

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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KITV Project Economy: Construction Industry Looking Brighter

Posted March 16, 2012 | Categories: Media

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

  • UHERO released its Annual Construction Report this morning. This is a sector that has been hard hit by the great recession isn't it?
  • So is there any good news in the report?
  • That sounds pretty good, why so much growth?

WatchQ&A


KITV Project Economy: Why Oil Prices Are Spiking

Posted March 2, 2012 | Categories: Media

Mahealani Richardson interviews UHERO Research Fellow and Professor of Economics Sumner Lacroix.

  • Why have oil prices just been spiking recently?
  • What about the oil prices in the Asia-Pacific region?
  • How does this affect the overall economy?

Watch

 

 


KITV Project Economy: Big Screen, Big Bucks

Posted February 24, 2012 | Categories: Media

Jill Kuramoto interviews UHERO Research Fellow and Professor of Economics Sumner Lacroix.

  • Has there been any other place that has seen a boom due to an Oscar nominated movie?
  • We saw some big increases in tourism in January and February, especially in Kauai. Do you think that had anything to do with the film industry?
  • Do you think we'll see an increase in tourism in Hawaii due to the buzz around The Descendents?

Watch


The Effect of Minimum Drinking Age Laws on Pregnancy, Fertility, and Alcohol Consumption

Analysis of micro-level data reveals that changes in the minimum legal drinking age (MLDA)could induce changes in the intensity and location of alcohol consumption, sexual behavior, and teen fertility. Effects on teen fertility vary across different populations. Among 15-20 year-old non-poor whites, less restrictive legal access to alcohol decreases the probability of first pregnancy and abortion. For this group, easier legal access to alcohol likely increases the alcohol consumption in bars. For black and poor white young women, the results are sensitive to the alcohol consumption restrictions measure. A decrease in the MLDA increases the probability of first pregnancy and abortion. Yet, using a more precise measure that accounts for the MLDA and the woman’s age, these results generally no longer hold.

Published version: Cintina, I. (2014) The Effect of Minimum Drinking Age Laws on Pregnancy, Fertility, and Alcohol Consumption. Review of Economics of the Household, doi 10.1007/s11150-014-9271-8

Working Paper


KITV Project Economy: Payroll Tax Cuts

Posted February 17, 2012 | Categories: Media

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

  • What does the payroll tax mean for the economy?
  • Congress is also working on a deal in terms of the unemployment benefits extension. What does that mean for people here in the islands?
  • What's your view on the turmoil in Europe and how it affects the islands and the United States?

Watch Q / A


KITV Project Economy: First Quarter Report Released

Posted February 10, 2012 | Categories: Media

Jill Kuramoto interviews UHERO Forecast Project Director and Professor of Economics Byron Gangnes.

  • The forecast released this morning was titled "Some Improvement, After Disappointing 2011" - that's pretty straightforward. What were some of the disappointments, first of all?
  • What does it look like for 2012 now?
  • I know that there's a senate bill being heard today that is kind of the state's version of the stimulus bill - do you think that will help open up jobs?

WatchRead the Report


UHERO State Forecast Update: Some Improvement, After Disappointing 2011

Hawaii’s stop-start recovery continued in the fourth quarter. We are a bit more optimistic about prospects for 2012.

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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