Byron Gangnes
Global Production Networks in Electronics and Intra-Asian trade
The growth of East Asia’s intra-regional trade is driven largely by increased component trade within global electronics production networks. Data on both electronics trade and production elucidate a pattern of specialization in which upper- and middle-income countries produce sophisticated components and lower-income countries assemble lower- value-added final goods. There is evidence of increasing sophistication within […]
Read MoreAlternative Policies for US Economic Recovery
Recovery has begun in the United States and global economies. The US recovery is likely to be anemic by historical standards, raising the possibility that additional stimulus may be desirable. The President and Democrats in Congress have called for a “jobs bill,” and the Federal Reserve has demonstrated that it has a flexible toolkit for […]
Read MoreHawaii Statehood Conference
UHERO research will be highlighted at the upcoming Hawaii Statehood Conference. New Horizons for the Next 50 Years A Commemorative Conference will be held Friday, August 21 from 7:00 a.m. to 5:30 p.m. at the Hawai’i Convention Center in Honolulu. For more information visit: http://hawaii.gov/statehood
Read MoreUHERO Sponsors Hawai’i Economic Conference: “Housing, Development and Hawaii’s Economic Outlook”
UHERO is partnering with the Bank of Hawaii, the State Department of Business, Economic Development, and Tourism, and the Hawai’i Economic Association to present an exciting conference on April 25, 2008. Conference topics include a lunch time keynote by the Honorable Linda Lingle, Governor of the State of Hawaii, and sessions on Alternative visions for […]
Read MoreCarl Bonham and Byron Gangnes To Receive Prestigious Community Service Award
Carl Bonham and Byron Gangnes will receive this year’s Hung Wo and Elizabeth Lau Ching Foundation Award for Faculty Service to the Community from the University of Hawaii at Manoa. The Convocation ceremony will be on Wednesday, September 5th, at 10:00 a.m., at UH Manoa’s Orvis Auditorium. The Hung Wo and Elizabeth Lau Ching Foundation Award for Faculty […]
Read MoreIdentifying Long-run Cointegrating Relations: An Application to the Hawaii Tourism Model
Cointegration analysis has gradually appeared in the empirical tourism literature. However, the focus has been exclusively on the demand side, neglecting supply influences and risking endogeneity bias. One reason for this may be the difficulty identifying structural relationships in a system setting. We estimate a demand-supply model of Hawaii tourism using a theory-directed sequential reduction […]
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