Economy
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.
Read MoreThe Economics of Energy and Greenhouse Gas Emissions in Hawaii
Dr. Denise Konan, to speak at Hawaii Economic Association luncheon September 24, 2009. The U.S. House of Representatives recently passed legislation that would put a price on carbon. The State of Hawaii has committed to sharp reductions in carbon emissions, and the Hawaii Clean Energy Initiative. Come hear the Director of UHERO’s EGGS project explain […]
Read MoreUHERO Hawai’i Construction Forecast: No Bottom Yet to Construction Downturn
The U.S. recession is easing, but prospects for a quick Hawai’i construction recovery remain poor. We expect U.S. output to grow by more than 2% during the current quarter, but job losses will continue into the first part of 2010. And, while overall credit conditions have improved, commercial lending is still being affected by the […]
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 Hawai’i Quarterly Forecast Update: State Budget Crisis Threatens Recovery
Two recent developments have caused us to mark down a bit our already weak outlook for the Hawai’i economy. The H1N1 flu epidemic has worsened prospects for Japanese tourism, which will lead to somewhat larger visitor losses this year. But the bigger concern is fallout from the State fiscal crisis. Government actions to address the […]
Read MoreCounty Economic Forecast: Neighbor Islands Bear Brunt of Recession
Hawai’i’s counties face the most challenging economic environment in many years. The severe U.S. and global recessions will last through much of 2009, and when recovery does begin it is likely to be anemic by historical standards. This means a long and deep downturn for the Hawai’i visitor industry. Construction activity will continue to decline […]
Read MoreEconomic Education’s Roller Coaster Ride In Hawaii, 1965-2006
Abstract: During the early 1960s a few of Hawaii’s public high schools began to offer economics courses, and they gradually became popular social studies electives. By 1999, over 46% of public high school seniors completed a one-semester course in economics. From this peak, enrollment rates would plummet to just 11% in 2003, before rebounding to […]
Read MoreAnnual Hawai’i Forecast: After Sharp Drop, Recovery Will Take Time
The next several years will be difficult ones for Hawai’i businesses and households. The visitor industry will languish, as the deepest global recession in decades continues to undermine travel demand.
Read MoreThe Contribution of the University of Hawai‘i at Manoa to Hawai‘i’s Economy in 2007
The University of Hawai‘i at Manoa (UHM) had its beginnings in 1907 as a college of agriculture and mechanical arts. In 1912, the first permanent building was erected in Manoa valley in UHM’s current location. With the establishment of the College of Arts and Sciences in 1920, the College of Hawai‘i became a university. Statehood […]
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