Economy

Alternative Policies for US Economic Recovery

February 7, 2010

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 […]

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Insights on PBS: 2010 Legislative Preview

January 14, 2010

The state budget took center stage as UHERO Executive Director Dr. Carl Bonham joins Represntative Marcus Oshiro, Representative Gene Ward, Senator Russell Kokubun and Moderator Dan Boyland to how the state can live within its means. Recorded on January 14, 2010 in the PBS Hawaii studio. http://www.pbshawaii.org/ourproductions/insights_programs/insights20100114_legislature.htm

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The Dog ATE my Economics Homework! Estimates of the Average Effect of Treating Hawaii’s Public High School Students with Economics

January 7, 2010

Abstract: Hawaii is one of 27 states that do not require testing of public high school students regarding their understanding of economics. We report results for the first economics test administered to a large sample of students in Hawaii public high schools during the Spring 2004 semester. Our analysis focuses on evaluating the impact of […]

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UHERO Global Economic Forecast: Asia Leads World Recovery

November 20, 2009

After a deep, synchronized recession, growth is resuming across a broad swath of the global economy. Leading the rebound are the dynamic Asian economies. These countries, which were hit hard by last year’s collapse of world trade, have now seen a return to export-led growth, much of it originating from demand within the region. Growth […]

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Using the Property Tax to Appropriate Gains from Tourism

November 7, 2009

This paper describes and evaluates the merits of Kauai County’s use of the property tax to capture rents from tourism and provide property tax relief to local homeowners. Because tourist accommodations are more capital intensive than other real estate, Kauai’s proposal to split the standard uniform rate into two separate rates—one on land and the […]

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UHERO Hawai’i Quarterly Forecast Update: Recovery Still Around the Corner

November 6, 2009

Things are looking up for the U.S. and global economies. Japan returned to growth in the second quarter, and it appears likely that the U.S. will post positive growth for the current quarter. It is harder to find evidence of a turnaround in the Hawai’i economy, although we expect recovery to begin by early next […]

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Reducing Greenhouse Gas Emissions in Hawaii

Dr. Denise Konan, to present at Renewable Energy and Island Sustainability (REIS) Seminar Series. Hawaii has committed to reducing greenhouse gas (GHG) emissions to 1990 levels by 2020. This research presentation uses detailed data on Hawaii’s energy infrastructure and economic activities to determine the carbon intensity of Hawaii industries. New results are also presented on […]

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The Value of a Wave: An Analysis of the Mavericks Region Half Moon Bay, California

October 7, 2009

This study was commissioned by the Save the Waves Coalition to determine the value of the Mavericks surf area to the local community and beyond. 

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Small State, Giant Tax Credit: Hawaii’s Leap into High Technology Development

This paper chronicles the evolution of Hawaii’s high technology tax credits, describes their provisions and the ensuing problems in attempting to ascertain whether or not they have achieved the results desired by lawmakers who passed them, and offers lessons that other states can use when designing their own business investment tax credit programs.

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