Electric utility regulation under enhanced renewable energy integration and distributed generation
The economic environment for electric utilities is changing in the United States given increased penetration of distributed generation and limited rooms for sales growth. This paper reviews the recent development of relevant policies in the United States and their economic impacts. This review indicates both challenges and opportunities in improving the policies to enhance distributed […]
Read MoreForecasting in a Mixed Up World: Nowcasting Hawaii Tourism
We evaluate the short term forecasting performance of methods that systematically incorporate high frequency information via covariates. Our study provides a thorough introduction of these methods to the tourism literature. We highlight the distinguishing features and limitations of each tool and evaluate their forecasting performance in two tourism-specific applications. The first uses monthly indicators to […]
Read MoreBenefit-cost analysis of watershed conservation on Hawai‘i Island
In landscapes around the world, growing attention is being paid to the link between forest structure and water resources. More clarity is vital for informed decision making, especially as water scarcity continues to increase in many regions across the globe. The objective of this study is to estimate the volume of freshwater yield saved per […]
Read MoreBy the Time I Get to Arizona: Estimating the Impact of the Legal Arizona Workers Act on Migrant Outflows
In 2007, the State of Arizona passed the Legal Arizona Workers Act (LAWA) which required all employers to verify the legal status of all prospective employees. Replicating existing results from the literature, we show that LAWA displaced about 40,000 Mexican-born people from Arizona. About 25% of these displaced persons relocated to New Mexico indicating that […]
Read MoreWhere do social preferences come from?
Where do preferences for fairness come from? We use a unique field setting to test for a spillover of sharing norms from the workplace to a laboratory experiment. Fishermen working in teams receive random income shocks (catching fish) that they must regularly divide among themselves. We demonstrate a clear correlation between sharing norms in the […]
Read MoreMethods of the Water-Energy-Food Nexus
This paper focuses on a collection of methods that can be used to analyze the water-energy-food (WEF) nexus. We classify these methods as qualitative or quantitative for interdisciplinary and transdisciplinary research approaches. The methods for interdisciplinary research approaches can be used to unify a collection of related variables, visualize the research problem, evaluate the issue, […]
Read MoreAssessing the potential for food and energy self-sufficiency on the island of Kauai, Hawaii
Food and energy security are major concerns in the Pacific and around the world. They are key planning priorities in Food and energy security are major concerns in the Pacific and around the world. They are key planning priorities in the state of Hawai‘i as well. Approximately 90% of energy and food resources are imported […]
Read MorePayments for Watershed Services as Adaptation to Climate Change: Upstream Conservation and Downstream Aquifer Management
Economically optimal groundwater extraction allocates water over space and time to its highest and best social use. But optimal management of water resources also requires optimal investment in watershed capital, even as the climate is changing. We augment a standard coastal groundwater management model with stock-dependent extraction costs to include recharge-enhancing natural and produced capital […]
Read MoreEnergy, Backstop Endogeneity, and the Optimal Use of Groundwater
To meet the growing demand for freshwater, many regions have increased groundwater pumping in recent years, resulting in declining groundwater levels worldwide. A promising development to address these declines is technical change regarding groundwater substitutes such as desalination and wastewater recycling. However, because these technologies are energy intensive, optimal implementation also depends on future energy […]
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