UHERO
Economy
State Forecast Update: Strong Summer for Tourism
Hawaii’s recovery continues, led by a better-than-expected performance from tourism. The visitor industry’s summer strength is sustaining moderate job gains in related sectors.
UHERO faculty to speak at public fora
Dr. Sumner Lacroix and Dr. Carl Bonham will share their thoughts and outlook for Hawaii’s economy at two separate events on Thursday and Friday. Sumner…
Construction Forecast: Construction Begins to Stabilize
Hawaii’s construction industry continues to seek a bottom to what has been a bruising downturn. Recent months have brought some encouraging news, but for at…
Technical Progress in Transport and the Tourism Area Life Cycle
Richard Butler’s tourism area life cycle envisions tourism destinations to evolve in stages from exploration to rapid growth followed by slackening, stagnation, and even decline.…
Why Hasn’t the US Economic Stimulus Been More Effective? The Debate on Tax and Expenditure Multipliers
Recent dissatisfaction with the impact of expenditure stimulus on economic activity in the United States, along with the results of academic research, have once again…
Insights on PBS: Reforming Wall Street
UHERO Research Fellow Professor Sumner LaCroix will join Gary Fujitani, Dominic Griffin III, Matt Pippin and moderator Dan Boylan to discuss financial market reform. Live:…
County Economic Forecast: Counties Begin Recovery After Record Downturn
Recovery will take hold across Hawai’i’s four counties during 2010. Visitor numbers have stabilized and will gradually improve as growth strengthens in major tourism markets.…
Limits to Growth: Tourism and Regional Labor Migration
The paper provides a methodology for considering the carrying capacity and limits to growth of a labor-constrained mature tourism destination. A computable general equilibrium model…
UHERO Hawai’i Outlook: Hawai’i Recovery Takes Hold
Hawai’i’s economic recovery has begun. Employment is stabilizing, and many sectors will begin to add modest numbers of jobs as the year progresses. While growth…