Economy
Reopening Japanese Tourism in Hawaii: Is it Safe?
In this short policy brief, we aim to answer four questions. 1. Will Japanese tourists coming to Hawaii be COVID-19 free after taking a pre-departure PCR test? 2. Are some Japanese tourists likely to be infected in Hawaii and bring COVID-19 back to Japan? 3. Will the combination of a pre-departure test and a quarantine […]
Read MoreCharging Higher User Fees to Tourists at Hawaii’s State Parks
By James Mak “Ua mau ke ea o ka aina i ka pono” [1] In May 2000 the Hawaii Department of Land and Natural Resources (DLNR) Division of State Parks began to charge $1 entrance fee per adult—tourist and local—who walked into the park to hike the iconic Diamond Head trail. A $5 entrance fee per […]
Read MoreEstimating economic conditions during the COVID-19 crisis
By Carl Bonham and Peter Fuleky When the long-lived expansion of the past decade was interrupted by the COVID-19 pandemic, many economists turned their attention to new sources of data to track economic conditions. The indicators we have used historically were not timely enough in the quickly changing economic landscape. Take for example gross domestic […]
Read MoreRecovery to Resilience: Steps Toward the Post-COVID Economy
Wednesday, October 21, 8:00 am Register on Zoom and submit questions in advance HERE. Covid-19 has provoked the worst economic crisis since the Great Depression, and Hawai‘i now has the weakest economy in the nation, as a measure of GDP decline. Join us to discuss strategies to navigate the recession and set the stage for […]
Read MoreRecovery: Challenges & Opportunities for Hawai‘i’s Economy
Date Friday, October 23, 2020 at 11:00am – 12:00pm Details Join Provost Michael Bruno for the fifth webinar in the UH Collective Conversations series featuring: Carl BonhamExecutive Director & Professor of Economics, UH Economic Research Organization (UHERO) Provost Bruno and Dr. Bonham will discuss the impact of COVID-19 on Hawai‘i’s economy, opportunities for economic recovery, […]
Read MoreCarl Bonham on Hawaii’s Recovery for Big Island News
On Monday, economic recovery in Hawaiʻi was discussed by members of the House Select Committee on COVID-19 Economic and Financial Preparedness. UHERO’s Executive Director, Carl S. Bonham, Ph.D., discussed the latest UHERO State Forecast Update during the virtual meeting. The forecast predicts another delay in economic recovery. “Everything is pushed back roughly six months because of the […]
Read MoreUHERO State Forecast Update: Hawaii in early stages of recovery, then a setback
Hawaii’s COVID-19 resurgence put the brakes on a very tentative economic recovery. The further delay of the visitor industry restart and renewed strict social distancing on Oahu have hit both tourism and locally-focused businesses. Our baseline forecast now sees meaningful economic recovery delayed until the middle of next year, and an attenuated recovery period thereafter.
Read MoreNowcasting the Trajectory of the COVID-19 Recovery:
The Weekly UHERO Economic Pulse
By Peter Fuleky COVID-19 has brought the longest period of economic expansion in modern history to an abrupt halt. The pace and magnitude of decline in economic activity has been unprecedented, and the recovery ahead will likely be drawn-out and uneven. Making good business and public policy decisions in such a rapidly-changing environment requires data […]
Read MoreSurvey results for woman owned businesses
By Philip Garboden and Isabelle Picciotto An update to the original survey results: https://uhero.hawaii.edu/survey-update-shows-widespread-hardship-for-local-businesses/ These tables divide our findings by whether or not the business is 51% or more woman owned. With a few exceptions, the bulk of the evidence suggests that women owned business have been harder hit than those owned by men. As […]
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